Tag: growth
Most NPAs Originated In 2006-08, Banks To Blame: Raghuram Rajan
Former RBI Governor Raghuram Rajan has said that a big number of non-performing assetes (NPAs) originated in 2006-08 when India's economic growth was strong while some banks proved inadequate in making proper due diligence....
GST A Monumental Reform, Hurt Growth For Just 2 Quarters: Jaitley
Finance Minister Arun Jaitley on Sunday termed the Goods and Services Tax as a 'monumental' reform, emphasising that the implementation of the indirect tax had impacted economic growth for only two quarters.....
People, Not Modi, Responsible For Growth: Rahul
In an attempt to dent the Bharatiya Janata Party's (BJP) vote bank, Congress chief Rahul Gandhi, here on Saturday, criticised Prime Minister Narendra Modi for making false promises, like depositing Rs 15 lakh in bank accounts of people and creating over 2 crore jobs.....
Government Fooling People On GDP Data: Chidambaram
Congress leader P. Chidambaram on Wednesday alleged that the BJP-led government had tried to fool people that the GDP growth is much higher than that of UPA and it was a scam.....
Government Forms Two Cabinet Panels To Check Falling Growth, Employment
Hit hard by the 5-year low GDP growth and a 45-year high unemployment rate of 6.1 per cent, the newly formed Modi government swung into action and on Wednesday, as it formed two new cabinet committees to check the declining trend in growth and employment and spur demand as well as consumption.....
Finanace Ministry Positive On RBI Decsion, Change In Stance
The Finance Ministry is positive on the RBI monetary policy panel's decision to cut the repo rate by 25 basis points (effecting a third consecutive reduction in 2019 and the all important change in its stance from "neutral to accomodative"), which would pave the way for consideration by RBI for any further rate cut. ....
Lowest Growth Rate Of COVID-19 Cases Recorded On Saturday
India recorded six per cent growth in new cases, which is the lowest daily growth rate recorded since the country crossed the mark of 100 cases, a day before it was close to 7.1 per cent, and the average doubling rate of cases of the country is 9.1 days, said the government on Saturday.....
After Massive Mandate, Gujarat's BJP-led Govt Eyes $1 Tn Economy By 2030
During the Gujarat Assembly elections, the Bharatiya Janata Party (BJP) had promised inclusive growth and to take Gujarat's economy to $1 trillion by 2030. ....
Kejriwal Seeks White Paper On Demonetisation
Branding demonetisation a "huge scam", Delhi Chief Minister Arvind Kejriwal on Sunday sought an independent probe into and a White Paper on the note ban.....
World Bank Cuts Indian GDP Growth For Fiscal To 7%
In its first projection on India post-demonetisation, the World Bank has lowered the country's GDP growth estimate for this fiscal to 7 per cent, from its earlier estimate of 7.6 per cent made in June last year.....
