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Credit revival needs fiscal stimulus-led spending : Report

Credit revival needs fiscal stimulus-led spending : Report

🕔18:12, 7.Jan 2020

New Delhi, Jan 7 (IANS) The revival in credit growth in the country is easier said than done and a revival of credit demand in the absence of a large spending-led fiscal stimulus is implausible, broking house Motilal Oswal said on

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‘Howdy, Modi’: PM talks of $5 tn economy, low-cost data, GST

‘Howdy, Modi’: PM talks of $5 tn economy, low-cost data, GST

🕔12:13, 23.Sep 2019

Houston, Sep 23  Describing the changing scenario of the Indian economy and the targets set by the government at the ‘Howdy, Modi!’ event here on Sunday, Prime Minister Narendra Modi spoke of cheap data prices in the country, the Goods

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Fitch cuts India’s 2019-20 GDP forecast to 6.8%

Fitch cuts India’s 2019-20 GDP forecast to 6.8%

🕔20:24, 22.Mar 2019

Mumbai, March 22 Fitch Ratings on Friday cut India’s GDP growth rate projection for the next financial year to 6.8 per cent, from its previous estimate of 7 per cent, on account of weaker-than-expected growth momentum. The US rating agency

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Back series GDP data not official estimates: Statistics Ministry

Back series GDP data not official estimates: Statistics Ministry

🕔10:29, 20.Aug 2018

New Delhi, Aug 20  In the light of a controversy over back series GDP numbers published this week showing that the Indian economy performed better during previous UPA rule, the government said on Sunday that these are “not official estimates”

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NATO summit to focus on Afghan conflict on second day

NATO summit to focus on Afghan conflict on second day

🕔14:22, 12.Jul 2018

Brussels, July 12  Leaders of the North Atlantic Treaty Organization (NATO) on Thursday plan to move beyond US President Donald Trump’s demands for higher defence spending and focus on the conflict in Afghanistan on the second day of the meet

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CII pegs India’s GDP growth at 7.3-7.7% for 2018-19

CII pegs India’s GDP growth at 7.3-7.7% for 2018-19

🕔14:35, 12.Apr 2018

New Delhi, April 12  The Confederation of Indian Industry (CII) on Thursday said it expects India’s gross domestic product (GDP) to grow at 7.3-7.7 per cent during the 2018-19 financial year. “This is based on strengthening demand in the rural

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New policy to focus on increasing manufacturing’s share in GDP: Prabhu

New policy to focus on increasing manufacturing’s share in GDP: Prabhu

🕔10:08, 17.Mar 2018

New Delhi, March 17  The country’s new industrial policy which is at a draft stage will focus on ways to increase the share of manufacturing sector in the GDP, Commerce and Industry Minister Suresh Prabhu said on Friday. Addressing the

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Agriculture top priority, GDP gains must reach farmers: Jaitley

Agriculture top priority, GDP gains must reach farmers: Jaitley

🕔17:34, 14.Jan 2018

New Delhi, Jan 14  The agriculture sector is a foremost priority for the government and it wants to ensure that the gains of economic growth also reaches the farmers so as to be equitable, Finance Minister Arun Jaitley said on

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India won’t see inflation under GST : Jaitley

India won’t see inflation under GST : Jaitley

🕔18:53, 2.Jul 2017

New Delhi, July 1 (IANS) Denying that the newly launched Goods and Services Tax (GST) will lead to inflation, Finance Minister Arun Jaitley on Saturday said the prices of maximum items will either go down or remain unchanged. Jaitley also said

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$1 tn extra GDP by 2020 – If all Indians get online

$1 tn extra GDP by 2020 – If all Indians get online

🕔12:12, 30.May 2016

Four of five Indians could afford the internet if data costs fell by 66 percent, according to a Facebook-commissioned report on Internet access. But Indian telecom operators already run data services at a 11 percent loss, making cost-cutting difficult.The statistics

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India ninth among crony capitalist nations: Economist

India ninth among crony capitalist nations: Economist

🕔11:55, 9.May 2016

London, May 9  A spurt in number of billionaires and increasing wealth creation by any means have made India rank ninth among the crony capitalist countries, said a study in “The Economist” latest issue. According to the weekly crony-capitalism index,

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Indian diaspora contributes significantly to Britain’s GDP: Sarna

Indian diaspora contributes significantly to Britain’s GDP: Sarna

🕔10:42, 9.Mar 2016

London, March 9  Indian origin people in Britain are “important” because though only being 1.8 percent of its population, they contribute 6 percent to GDP, India’s new High Commissioner Navtej Sarna said on Tuesday.Addressing members of the House of Commons

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India Inc says GDP figures point to recovery

India Inc says GDP figures point to recovery

🕔10:33, 30.May 2015

New Delhi, May 30  India Inc on Friday described as “encouraging” the GDP figures released earlier in the day, saying these confirmed industry’s assessment that the economy is showing signs of recovery. India’s gross domestic product grew by 7.3 percent

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GDP to grow at 8.1-8.5 percent in 2015-16: Sinha

GDP to grow at 8.1-8.5 percent in 2015-16: Sinha

🕔10:23, 6.May 2015

New Delhi, May 6  Benign oil prices, likely monetary policy easing by the Reserve Bank and lower inflation will help the Indian economy to grow in the range of 8.1- 8.5 percent in the current fiscal, the parliament was told

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Railways can contribute 2 percent to GDP: Suresh Prabhu

Railways can contribute 2 percent to GDP: Suresh Prabhu

🕔13:35, 2.Mar 2015

New Delhi, March 2  The railways can contribute up to two percent to the gross domestic product (GDP), Railway Minister Suresh Prabhu said on Sunday adding that he has asked the railway board to identify key issues and focus areas

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Economic Reforms: TIME FOR WELFARE CAPITALISM…

Economic Reforms: TIME FOR WELFARE CAPITALISM…

🕔10:34, 23.Jan 2015

Economic Reforms TIME FOR WELFARE CAPITALISM By Dr S Saraswathi (Former Director, ICSSR, New Delhi) To meet the fiscal deficit target for this year, it is reported that the Central government is working on drastically cutting down allocations in the

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GDP likely to grow 5.5 percent in 2015: Mid-year review

GDP likely to grow 5.5 percent in 2015: Mid-year review

🕔15:33, 19.Dec 2014

New Delhi, Dec 19  The country’s economy is likely to grow at around 5.5 percent in the current fiscal, the finance ministry said in its mid-year review tabled in parliament Friday. In the first six months of 2014-15, the economy

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Indian economy to record 5.9 percent growth in 2015: UN

Indian economy to record 5.9 percent growth in 2015: UN

🕔12:09, 11.Dec 2014

United Nations, Dec 11  While the global economy is expected to grow marginally by 3.1 percent next year, India’s is likely to grow by 5.9 percent, recording the second highest increase among the world’s larger economies, according to a UN

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Moody’s projects GDP growth between 5-6 percent in 2015

Moody’s projects GDP growth between 5-6 percent in 2015

🕔11:30, 11.Dec 2014

New Delhi, Dec 11  India’s gross domestic product (GDP) is estimated to grow next year in the range of 5-6 percent on the back of stronger domestic demand, ratings agency Moody’s said Wednesday. “India will have stronger GDP growth in

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