Tag: Indian economy
Chidambaram Slams Government Over 'economic Mismanagement'
Senior Congress leader P. Chidambaram on Friday slammed the government over its poor management of economy, saying inflation is at five-month high, industrial growth at five-month low and the trade deficit has soared.....
India's WPI Eases To 5.09% In July
India's annual rate of inflation based on wholesale prices eased to 5.09 per cent in July from a rise of 5.77 per cent in June, official data showed here on Tuesday.....
India To Become Fifth Largest Economy Next Year: Jaitley
India is on track to surpass Britain next year to become the fifth largest economy in the world and to emerge among the "big three" global economies by 2040, Finance Minister Arun Jaitley said on Thursday.....
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.....
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'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.....
Finance Minister Announces Rs 60,000 Cr Boost To Exports, Housing
With GDP growth sliding to six-year low of 5 per cent in April-June quarter and several sectors facing low demand, Finance Minister Nirmala Sitharaman on Saturday announced a fresh set of measures to boost exports and the housing sector.....
Booster Shots: Corporate Tax Rate Cut, More Measures For Cap Flow In Markets
Hit hard by a slowing economy and a brewing global oil crisis, the government on Friday announced a series of tax incentives to boost the industry and restart investment. ....
Economy Was Strong Under Manmohan Singh: Rahul
Slamming the Bharatiya Janata Party (BJP) government for all-round failure on the economic front, Congress leader Rahul Gandhi said here on Sunday that under the former UPA Prime Minister Manmohan Singh, Indian economy was very strong and flourished, earning the admiration of the whole world.....
