Indian Economy Growth Target
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India's $55 Trillion Economy Target Ambitious, But Achievable: IMF Executive Director
India's economy is projected to grow to $55 trillion by 2047 if the country is able to register an average real growth rate of 8 per cent in the coming years which is an ambitious but achievable target, IMF executive director KV Subramanian said.
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No Further Fuel Excise Duty Cut To Help Government Meet Fiscal Deficit Target: Report
Government can meet the fiscal deficit target of 6.4 per cent for 2022-23 if there are no excise duty cuts to lower high oil prices
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Excise Duty Cuts On Fuel Poses Risk To Fiscal Deficit: Finance Ministry
Government revenues have taken a hit following cuts in excise duties on diesel and petrol, posing risk to budget level of gross fiscal deficit
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Economy Likely To Grow Around 10.5% In Current Fiscal: Credit Suisse
Swiss brokerage Credit Suisse also expects the economy to continue to show positive surprises and record up to nine per cent growth in the next fiscal.
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Auto Sector Will Help Achieve $5 Trillion Dollar Economy Target, Says Minister
Union Minister for Heavy Industries Mahendra Nath Pandey on Wednesday said India would become a manufacturing hub
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Economy Showing Signs Of Revival Due To Targeted Fiscal Relief: Government
However, economic recovery remains uneven as indicators such as air traffic, port traffic, PMI, and services show a lagged revival from the impact of the second wave.
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As Economy Slows, Indian States Face Crunch Time For Their Finances
Any slippage could see India's overall public finances come under pressure and raise the risk of a downgrade by rating companies. Only last month, Moody's Investors Service cut the nation's credit rating outlook to negative, citing a litany of problems from a worsening shadow banking crunch and a prolonged slowdown in the economy to rising public d...
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To Remove Inequality In India, Spend More On Education, Health: IMF Chief
The IMF chief economist said that inequality is a big issue not just in India but other countries as well.
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India May Miss Fiscal Deficit Target Amid Pressure For More Stimulus: Report
Tax collections could fall by as much as Rs 1 lakh crore ($14 billion), or 4 per cent of $344 billion annual target, according to the report.
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$5 Trillion Economy "Isn't Coming Out Of Heaven," Says Pranab Mukherjee
Former President Pranab Mukherjee delivered an unusually sharp critique of the government over the economy on Thursday, calling out the disbanding of the Planning Commission and saying that India's widely-publicised $5-trillion GDP target would only be possible thanks to the work of the previous governments.
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Government's Cash Problem Just Got More Bearable, Thanks to RBI Switch
Shaktikanta Das, a former bureaucrat picked by PM Modi to steer the RBI after Urjit Patel's exit, is open to hearing the government out on its concerns about the economy -- whose growth slowed in the three months through September. Getting the RBI to share its capital will help the government boost growth without missing its budget deficit goal of ...
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Ex-Finance Minister Chidambaram Pokes Fun At BJP For Celebrating GDP Data
Congress leader P Chidambaram poked fun at the BJP today over the GDP growth data, saying it did not warrant any jubilation by the ruling party.
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Centre Confident Of High Growth, Meeting Fiscal Deficit Target: 10 Points
Assuring that the effects of GST (Goods and Services Tax) are settling down and that consumption is picking up, Finance Minister Arun Jaitley said on Saturday that the economy will post a high growth or gross domestic product (GDP) this fiscal year. The comments from the finance minister came at a time when the rupee has been sinking to multiple lo...
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India Fastest Growing Economy, Set To Meet 2018 Growth Target: Asian Bank
Led by India, South Asia will continue to be the fastest growing economic area despite new trade tensions in Asia and Pacific region, Asian Development Bank (ADB) said in a new report today.
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Yashwant Sinha Fails Arun Jaitley Big Time, Praises Nitin Gadkari
After a complete takedown of Finance Minister Arun Jaitley in the Indian Express today, senior BJP leader and former Finance Minister Yashwant Sinha spoke to NDTV and expanded on his view that the economy will not recover by 2019 when the next national election is due. The only exception to his targeted missiles was Nitin Gadkari, the Minister for ...
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India's $55 Trillion Economy Target Ambitious, But Achievable: IMF Executive Director
India's economy is projected to grow to $55 trillion by 2047 if the country is able to register an average real growth rate of 8 per cent in the coming years which is an ambitious but achievable target, IMF executive director KV Subramanian said.
-
No Further Fuel Excise Duty Cut To Help Government Meet Fiscal Deficit Target: Report
Government can meet the fiscal deficit target of 6.4 per cent for 2022-23 if there are no excise duty cuts to lower high oil prices
-
Excise Duty Cuts On Fuel Poses Risk To Fiscal Deficit: Finance Ministry
Government revenues have taken a hit following cuts in excise duties on diesel and petrol, posing risk to budget level of gross fiscal deficit
-
Economy Likely To Grow Around 10.5% In Current Fiscal: Credit Suisse
Swiss brokerage Credit Suisse also expects the economy to continue to show positive surprises and record up to nine per cent growth in the next fiscal.
-
Auto Sector Will Help Achieve $5 Trillion Dollar Economy Target, Says Minister
Union Minister for Heavy Industries Mahendra Nath Pandey on Wednesday said India would become a manufacturing hub
-
Economy Showing Signs Of Revival Due To Targeted Fiscal Relief: Government
However, economic recovery remains uneven as indicators such as air traffic, port traffic, PMI, and services show a lagged revival from the impact of the second wave.
-
As Economy Slows, Indian States Face Crunch Time For Their Finances
Any slippage could see India's overall public finances come under pressure and raise the risk of a downgrade by rating companies. Only last month, Moody's Investors Service cut the nation's credit rating outlook to negative, citing a litany of problems from a worsening shadow banking crunch and a prolonged slowdown in the economy to rising public d...
-
To Remove Inequality In India, Spend More On Education, Health: IMF Chief
The IMF chief economist said that inequality is a big issue not just in India but other countries as well.
-
India May Miss Fiscal Deficit Target Amid Pressure For More Stimulus: Report
Tax collections could fall by as much as Rs 1 lakh crore ($14 billion), or 4 per cent of $344 billion annual target, according to the report.
-
$5 Trillion Economy "Isn't Coming Out Of Heaven," Says Pranab Mukherjee
Former President Pranab Mukherjee delivered an unusually sharp critique of the government over the economy on Thursday, calling out the disbanding of the Planning Commission and saying that India's widely-publicised $5-trillion GDP target would only be possible thanks to the work of the previous governments.
-
Government's Cash Problem Just Got More Bearable, Thanks to RBI Switch
Shaktikanta Das, a former bureaucrat picked by PM Modi to steer the RBI after Urjit Patel's exit, is open to hearing the government out on its concerns about the economy -- whose growth slowed in the three months through September. Getting the RBI to share its capital will help the government boost growth without missing its budget deficit goal of ...
-
Ex-Finance Minister Chidambaram Pokes Fun At BJP For Celebrating GDP Data
Congress leader P Chidambaram poked fun at the BJP today over the GDP growth data, saying it did not warrant any jubilation by the ruling party.
-
Centre Confident Of High Growth, Meeting Fiscal Deficit Target: 10 Points
Assuring that the effects of GST (Goods and Services Tax) are settling down and that consumption is picking up, Finance Minister Arun Jaitley said on Saturday that the economy will post a high growth or gross domestic product (GDP) this fiscal year. The comments from the finance minister came at a time when the rupee has been sinking to multiple lo...
-
India Fastest Growing Economy, Set To Meet 2018 Growth Target: Asian Bank
Led by India, South Asia will continue to be the fastest growing economic area despite new trade tensions in Asia and Pacific region, Asian Development Bank (ADB) said in a new report today.
-
Yashwant Sinha Fails Arun Jaitley Big Time, Praises Nitin Gadkari
After a complete takedown of Finance Minister Arun Jaitley in the Indian Express today, senior BJP leader and former Finance Minister Yashwant Sinha spoke to NDTV and expanded on his view that the economy will not recover by 2019 when the next national election is due. The only exception to his targeted missiles was Nitin Gadkari, the Minister for ...
