Tag: economy
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.....
400 Districts To Have City Gas Networks In 2-3 Years: Modi
Around 400 districts in the country will be covered city gas distribution (CGD) networks in the next 2-3 years, taking India closer to realising a gas-based economy, Prime Minister Narendra Modi said on Thursday.....
The G20 Should Resolve The Factors Hampering Global Economy – Experts
Prof. Manoj Pant, Director of the Indian Institute of Foreign Trade, clarified that G20 seems to be an on and off forum which springs up when there is a problem with the global economy. ....
BJP Failed To Deliver Double-digit Growth: Chidambaram
The Narendra Modi-led central government has failed to deliver on its promise of a double-digit growth in the last four years and it will not manage it even in the remaining six months of its term, Former Finance Minister P. Chidambaram said on Saturday.....
India Is A Bright Spot In Global Economy: Vice President
Vice President M. Venkaiah Naidu on Saturday said a steady growth rate of almost 7 per cent coupled with a series of reforms made India the most favourite destination for investments in the world.....
PNB Scam: Mehul Choksi Opts For Antigua & Barbuda Citizenship
Posing fresh complications for India, absconder diamantaire Mehul Choksi, one of the prime accused in the Rs 13,500 crore Punjab National Bank (PNB) fraud, has surrendered his Indian citizenship in favour of Antigua & Barbuda Isles in the West Indies, official sources said here on Monday.....
Global Energy Arena Changing: Modi
Prime Minister Narendra Modi on Monday said globally the perception of energy consumption and supply is changing and nations are coming together to tackle climate change.....
India's January WPI Eases To 2.76 Per Cent
India's annual rate of inflation based on wholesale prices eased to 2.76 per cent in January from 3.02 per cent reported for the corresponding month of 2018, official data showed on Thursday.....
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.....
RBI Slashes Lending Rate By 35 Bps To 5.40%
The Reserve Bank of India on Wednesday broke with convention by reducing its key lending rates by 35 basis points which is expected to make home and auto loans cheaper and rev-up the economy by unleashing consumption.....
