Economic Liberalisation
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Centre's Big Praise For Former PM Manmohan Singh In Supreme Court
The BJP-led central government commended former prime minister PV Narasimha Rao and his then finance minister, Manmohan Singh, for their pivotal roles in initiating economic liberalisation and opening up the Indian economy in 1991.
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Opinion: A Long Due Bharat Ratna - Narasimha Rao I Met Three Decades Ago
Rao remains one of the most underestimated Prime Ministers in Indian history. Despite widespread scepticism, he boldly pursued economic liberalisation, dismantling bureaucratic impediments and initiating reforms to attract foreign investment.
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There Was A Time When 1 Dollar Was Less Than Rs 5: Know History
The liberalisation of 1991 proved to be a crucial turning point in India's economic history and significantly impacted the rupee-dollar exchange rate.
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Cabinet Approves Trade Pact Between India, Mauritius
The Union Cabinet on Wednesday approved signing of a comprehensive economic cooperation agreement, a kind of a free trade pact, between India and Mauritius which is aimed at liberalising norms to boost two-way commerce.
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29 Years After Watershed Budget, Congress's Throwback Pic Of Manmohan Singh
The Congress posted a nostalgic black-and-white photo of former Prime Minister Dr Manmohan Singh on Instagram in which he is seen standing in his office after presenting the Union Budget in 1991 - the year India opened up the economy with massive tax cuts and big foreign investments.
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Fitch Sees India Growth At 2% In 2020-21, Slowest Since Economic Reforms
India may post GDP growth of 2 per cent in financial year 2021, the slowest pace since the economy was liberalised 30 years ago.
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China A Rising G20 Concern, Currencies Stable: Top US Treasury Diplomat
The US Treasury's top economic diplomat said on Sunday that China's move away from market liberalisation was an increasing concern for world economies as currency stability meant that exchange rate issues needed less attention in the G20 and other international forums.
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"Worried About Fiscal Arithmetic" Of Budget, Says Manmohan Singh
Former Prime Minister Dr Manmohan Singh today said he was "worried" about the "fiscal arithmetic" of the Union budget and wondered how the government was planning to meet its promises. In the last full budget before next year's general election, the focus has been on agriculture and rural sectors. Finance Minister Arun Jaitley has announced a new h...
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Process Of Economic Reforms Incomplete, Fresh Thinking Needed: Manmohan Singh
Former Prime Minister Manmohan Singh today said the process of economic reforms he was associated with was "still incomplete" and that a "fresh thinking" was needed to evolve a new design for the country's social and economic policy.
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Services Sector Growth Moderated To 7.7 per cent In FY17: Economic Survey
The sector, which grew by 9.7% in the previous year, is still the key driver of India's economic growth.
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India Transformed - The 1991 Economic Reforms: Highlights
Former Deputy Governor of the Reserve Bank of India Dr Rakesh Mohan, a key person in writing the new industrial policy of 1991, has now written a book to mark 70 years of independence that also comes 25 years after the reforms transformed India.
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GST Rates Beneficial, Will Trigger Demand, Boost GDP, Says Adi Godrej
Prominent industrialist Adi Godrej today allayed fears of price rise after the implementation of the Centre's flagship Goods and Services Tax, saying the tax slabs have been placed so reasonably, that the overall effect will be "extremely beneficial". Hailing GST as the biggest economic reform since the liberalisation of 1991, he said it would, in ...
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China Must 'Walk The Talk' On Trade: Former World Trade Organisation Chief
Beijing's pledges to pursue trade liberalisation in the face of a potentially more protectionist US under Donald Trump meant it was time for China to "walk the talk" on the issue, former WTO director-general Pascal Lamy said Friday.
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Narasimha Rao Has Blotted Record As PM: Chidambaram To NDTV
On the 25th anniversary of India's economic liberalisation carried out under then Prime Minister PV Narasimha Rao, former Finance Minister P Chidambaram has told NDTV that while the former PM deserves full credit for the reforms, his rule was a "blot".
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Government Says Eased FDI Norms To Boost Manufacturing, Create Jobs
Manufacturing and job generation will get a boost by the latest round of liberalisation in foreign direct investment (FDI) norms that include doing away with dual clearances, Economic Affairs Secretary Shaktikanta Das said on Monday.
-
Centre's Big Praise For Former PM Manmohan Singh In Supreme Court
The BJP-led central government commended former prime minister PV Narasimha Rao and his then finance minister, Manmohan Singh, for their pivotal roles in initiating economic liberalisation and opening up the Indian economy in 1991.
-
Opinion: A Long Due Bharat Ratna - Narasimha Rao I Met Three Decades Ago
Rao remains one of the most underestimated Prime Ministers in Indian history. Despite widespread scepticism, he boldly pursued economic liberalisation, dismantling bureaucratic impediments and initiating reforms to attract foreign investment.
-
There Was A Time When 1 Dollar Was Less Than Rs 5: Know History
The liberalisation of 1991 proved to be a crucial turning point in India's economic history and significantly impacted the rupee-dollar exchange rate.
-
Cabinet Approves Trade Pact Between India, Mauritius
The Union Cabinet on Wednesday approved signing of a comprehensive economic cooperation agreement, a kind of a free trade pact, between India and Mauritius which is aimed at liberalising norms to boost two-way commerce.
-
29 Years After Watershed Budget, Congress's Throwback Pic Of Manmohan Singh
The Congress posted a nostalgic black-and-white photo of former Prime Minister Dr Manmohan Singh on Instagram in which he is seen standing in his office after presenting the Union Budget in 1991 - the year India opened up the economy with massive tax cuts and big foreign investments.
-
Fitch Sees India Growth At 2% In 2020-21, Slowest Since Economic Reforms
India may post GDP growth of 2 per cent in financial year 2021, the slowest pace since the economy was liberalised 30 years ago.
-
China A Rising G20 Concern, Currencies Stable: Top US Treasury Diplomat
The US Treasury's top economic diplomat said on Sunday that China's move away from market liberalisation was an increasing concern for world economies as currency stability meant that exchange rate issues needed less attention in the G20 and other international forums.
-
"Worried About Fiscal Arithmetic" Of Budget, Says Manmohan Singh
Former Prime Minister Dr Manmohan Singh today said he was "worried" about the "fiscal arithmetic" of the Union budget and wondered how the government was planning to meet its promises. In the last full budget before next year's general election, the focus has been on agriculture and rural sectors. Finance Minister Arun Jaitley has announced a new h...
-
Process Of Economic Reforms Incomplete, Fresh Thinking Needed: Manmohan Singh
Former Prime Minister Manmohan Singh today said the process of economic reforms he was associated with was "still incomplete" and that a "fresh thinking" was needed to evolve a new design for the country's social and economic policy.
-
Services Sector Growth Moderated To 7.7 per cent In FY17: Economic Survey
The sector, which grew by 9.7% in the previous year, is still the key driver of India's economic growth.
-
India Transformed - The 1991 Economic Reforms: Highlights
Former Deputy Governor of the Reserve Bank of India Dr Rakesh Mohan, a key person in writing the new industrial policy of 1991, has now written a book to mark 70 years of independence that also comes 25 years after the reforms transformed India.
-
GST Rates Beneficial, Will Trigger Demand, Boost GDP, Says Adi Godrej
Prominent industrialist Adi Godrej today allayed fears of price rise after the implementation of the Centre's flagship Goods and Services Tax, saying the tax slabs have been placed so reasonably, that the overall effect will be "extremely beneficial". Hailing GST as the biggest economic reform since the liberalisation of 1991, he said it would, in ...
-
China Must 'Walk The Talk' On Trade: Former World Trade Organisation Chief
Beijing's pledges to pursue trade liberalisation in the face of a potentially more protectionist US under Donald Trump meant it was time for China to "walk the talk" on the issue, former WTO director-general Pascal Lamy said Friday.
-
Narasimha Rao Has Blotted Record As PM: Chidambaram To NDTV
On the 25th anniversary of India's economic liberalisation carried out under then Prime Minister PV Narasimha Rao, former Finance Minister P Chidambaram has told NDTV that while the former PM deserves full credit for the reforms, his rule was a "blot".
-
Government Says Eased FDI Norms To Boost Manufacturing, Create Jobs
Manufacturing and job generation will get a boost by the latest round of liberalisation in foreign direct investment (FDI) norms that include doing away with dual clearances, Economic Affairs Secretary Shaktikanta Das said on Monday.
