Improvement in performance of agriculture and manufacturing sectors is expected to push the economic growth rate to 6.4 per cent in 2013-14 from 5 per cent in the previous fiscal, PM's economic advisory panel said. Economy will grow at higher rate from now. We...
Prime Minister Manmohan Singh in his address at the Confederation of Indian Industry said that the growth rate of the Indian economy will not always remain at 5 per cent, hoping it would increase soon. He also added that the need of the hour is to take strong ...
Loksatta chief Jayaprakash Narayan says the separate Agriculture budget or policy statement made by Agriculture minister Kanna Lakshminarayana is misleading and called it a issue of privilege of the house.
TDP chief Chandrababu Naidu says the Agriculture budget presented today in the Assembly is a sham on the part of the state government. Naidu says the state budget showed that the state had fallen behind in economic growth.
Finance minister Anam Ramnarayana Reddy has made separate allocations for development of Telugu in his budget presented today. He also made special mention of allocation for housing.
The state budge was presented by Finance Minister Anam Ramnarayana Reddy in the Assembly today. Debating the budget in the studio are Tusli Reddy from Congress, E Peddi Reddy from the TDP and Raghunandan from the TRS. This is the second part of the debate. AP ...
The state budge was presented by Finance Minister Anam Ramnarayana Reddy in the Assembly today. Debating the budget in the studio are Tusli Reddy from Congress, E Peddi Reddy from the TDP and Raghunandan from the TRS.
This is the second part of Agriculture Minister Kanna Lakshminarayana's speech as he presents the agriculture policy statement, a part of the annual state budget for 2013-2014.
Agriculture Minister Kanna Lakshminarayana stands up to present the agriculture policy statement, a part of the annual state budget for 2013-2014. The minister at the start clarified that this was a agriculture policy statement and not an agriculture budget th...
Manishi Raychaudhuri, managing director of BNP Paribas, says to achieve the targeted growth, as predicted in the Economic Survey Report 2012-13, one basic piece of puzzle, investment, needs to be in place. Otherwise, the growth is more ambitious plan than a re...
Economist and consulting editor for ET Now Swaminathan Aiyar says that the Economic Survey should not be confused with what the Budget will have. The survey report over the past few years have shown a trend of certain measures, as suggested by the national eco...
In the last hour of trade, the Sensex rises with large caps, as well as mid caps, posting good numbers on improved buying support. The growth outlook presented by the Economic Survey 2012-13, tabled in Parliament today by Finance Minister P Chidambaram. The Ec...
The Economic Survey 2013 has been presented in the Parliament and according to the survey the growth of GDP has been estimated at 6.1 percent to 6.7 percent. It also suggests that the petroleum prices should be decided by the market. It also goes on to say tha...
The Economic Survey 2013 presented in Parliament pegs the GDP growth rate at 6.1 percent to 6.7 percent. The subsidy on LPG and petroleum products will be further reduced thus causing further hardship to the common man. According to the Survey, the prices of p...
Finance Minister P Chidambaram called for adapting some tough measures while speaking at the National Development (NDC) meeting in New Delhi on Thursday. He indicated that some hard-hitting decisions will be taken by the government to contain expenditure and i...
After his epic victory in Gujarat, Narendra Modi tactfully used the National Development Council meeting in New Delhi as a platform to reach out to a national audience and showcase the Gujarat model of development. He took the stage right after Prime Minister ...
Tamil Nadu Chief Minister J Jayalalithaa will attend the National Development Council (NDC) meeting at New Delhi on Thursday to approve the 12th five-year Plan. A government press release confirmed that the Chief Minister will participate in the meeting, heade...
The National Development Council (NDC), headed by Prime Minister Manmohan Singh, is scheduled to meet this morning to discuss and approve the draft for the 12th Plan (2012-17). The council is the apex Centre-State body and the meeting will be attended by vario...
The Indian economic growth slows down to 5.3% from 5.5% in the last quarter. Inflation, the sluggish growth and a weakening rupee have all lent themselves to a very dull outlook on the economic growth. To add to the woes, the government is also seen struggling...
Amidst its rise to become the second largest economy in the world, China is set to usher in a new group of leaders. A week-long congress, organised by the Chinese Communist Party, began in Beijing that will decide China's growth path and new set of leaders. Th...
On account of recent reforms push, which has lifted domestic sentiment and renewed foreign investors interest as well, India Inc's business confidence for the October-December quarter is witnessing signs of turnaround, according to Business Today reports. The ...
India is currently suffering its worst growth projection in recent years. The International Monetary Fund has slashed India's growth forecast for 2012-13 from 6.2 per cent to 4.9 per cent. The reduction is blamed on the worsening global economy and sluggishnes...
Investor's Guide takes a look at the National Pension System following the reforms in pension and insurance. Value Research's Dhirendra Kumar says it is the cheapest investment option in this category and comes with tax advantages. He also reviews the ICICI Pr...
Puntia Kumar Sinha's guest on this edition of Global Insights is Rakesh Jhunjhunwala from RARE Enterprises, who is considered as a legend in the markets and has created a large fund with his own proprietary capital. He has a positive outlook on the Indian econ...
In what can be called as an extended speech on previous day's address to the nation, Prime Minister Manmohan Singh pitches for reforms and stresses on the need of a climate that attracts investment and appreciates innovation. The PM was speaking at the Confere...
Prime Minister Manmohan Singh pitches for reforms and stresses on the need of a climate that attracts investment and appreciates innovation while speaking at the Conference on Economic Growth in Asia and Changes of Corporate Environment at Vigyan Bhavan in New...
Shocking news on the economy front. The growth in India's industrial output was just 0.1 % in the month of July. Last year during the same month of July, this was 3.75%. The huge drop is shocking but not too unexpected given reports of sluggish growth and poli...
In this edition of Global Insights, the focus is on Europe which is trying to fight off a high Government debt, a stagnant GDP and rising unemployment especially in countries like Greece, Italy and Spain. Punita Kumar Sinha speaks to Raghuram Rajan, Professor-...
Aditya Puri, MD, HDFC Bank speaks about the Indian economy. He says the concerns on India are correct but it is also being overdone, and cannot be considered as a crisis. The HDFC portfolio is healthy and the banks have sufficient profits to handle the NPAs.
Radhika Gupta, Director, Forefront Capital and Ambareesh Baliga, Market Analyst respond to the question on investors' minds: is there a growth story in India? Baliga says reforms for economic growth, a decision on GAAR and a hike in diesel prices may improve t...
The Prime Minister's Economic Advisory Council pegged the GDP growth for the current financial year at 6.7 percent, painting a better picture of the economy than by other think-tanks. It, however, added that inflation would remain high during the fiscal at 6.5...
Hiren Ved, Director & CIO, Alchemy Capital, gives his views on what helped India survive the economic slowdown, if Sensex at 17000 is justified, on RIL and Wockhardt, whether the forecast is bleak for earnings in Q2, companies that have made a turnaround, top ...
The International Monetary Fund slashes down India's growth forecast from 6.9% to 6.1% for the fiscal year 2012. This comes as yet another embarrassment for India after US President Barack Obama stated that India does not have investor friendly climate. Even a...
On the heels of the Standard and Poor report which painted a grim picture of Indian economy comes the World Bank forecast that India will have 6.9 percent growth in 2012-13. The government's target for the current fiscal year is 7.6 percent growth which the Wo...
Reacting to Wipro chairman Azim Premji's criticism of the Prime Minister Manmohan Singh's inability to stem falling economic growth, Congress leader Mani Shankar Aiyar remarks that his attack is motivated in nature. Shankar has also said that Premji only repre...
‘We are working without a leader as a country. If we do not change, we would be down for years,' says Wipro's Chairman Azim Premji. Infosys co-founder N R Narayana Murthy agrees, saying he was saddened to note that ‘over the past 3-4 months, India's image...
Congress spokesperson Manish Tewari remarks that the report by Standard & Poor betrays a poor appreciation of India's democratic system and governance processes. Defending Finance Minister Pranab Mukherjee from the attacks by BJP based on the report by S&P, Te...
Hit hard by global woes and domestic problems, India's annual economic growth rate slumps in the January-March quarter to a nine-year low of 5.3 percent.
The BJP has given a notice for discussion in the Parliament over the remarks made by the Chief Economic Advisor Kaushik Basu saying there will be no major reforms till 2014.