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Indian Economy Overview

Fiscal Year:

PM Narendra Modi sets up eight groups of secretaries to crank up economic growth

New Delhi: Prime Minister Mr Narendra Modi has set up eight groups of secretaries to come up with ideas to drive economic growth. Each group will make a presentation to the Prime M...

January 07, 2016

India brightest spot on global map with 7.8% growth in FY17: World Bank

New Delhi: The World Bank expects India to grow at 7.8 per cent in the next financial year and has projected India to be the fastest growing economy in the world for the next three...

January 07, 2016

Fundraising may hit Rs 1.6 lakh crore in 2016 as government and companies raise cash to pay debt

New Delhi: Fundraising from India equity markets is expected to reach US$ 25 billion in 2016, compared to US$ 17 billion raised in 2015, as both government and private sector compa...

January 05, 2016

India's net international liabilities dip US$5.6 billion

Mumbai: India net foreign currency liabilities reduced by US$ 5.6 billion at the end of September 2015 quarter over previous quarter to US$ 357.8 billion, as per the data on net in...

January 01, 2016

Modi government approves IDEAS scheme to streamline LOC to make Indian funding attractive

New Delhi: Government of India has approved the new Indian Development Assistance Scheme (IDEAS) to streamline Lines Of Credit (LOC) offered to various countries in South Asia, SE ...

December 29, 2015

India likely to top world's growth chart: Harvard study

New Delhi: India has the potential to be the world's fastest-growing economy over the next decade till 2024, outpacing China, as the Indian economy is projected to grow at 7 pe...

December 28, 2015

Indo-Japan bullet train deal: First victory for PM Modi's Innovation Panel

New Delhi: The Empowered Committee on Innovative Collaborations, set up by the Prime Minister in October 2015, has started working on projects that use inventive and never-tried-be...

December 23, 2015

India's IIP could grow, wholesale price inflation could come down: Report

Mumbai: Industrial production for October 2015 is expected to rise 5.8 per cent while consumer inflation could touch 5.2 per cent and wholesale price inflation is expected to reduc...

December 10, 2015
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