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...
China's gross domestic production (GDP) rose 7.7 per cent year-on-year in the first quarter, compared a 7.9 per cent growth in the preceding quarter. Consumption and investment contributed 4.3 and 2.3 per cent points, respectively, to overall growth, while net...
This is the start of the Finance Minister's Budget speech. He takes permission from the Speaker to present the Budget 2013. In this part, he outlines the challenges and priorities.
FM reels out figures on funds allocation for SCs, STs, minorities and women. This is the third part of Finance Minister P Chidambaram's speech where he outlines funds allocated for the weaker sections. This includes Rs 24,598 crores for the tribal sub plan (an...
The second part of Finance Minister P Chidambaram's speech continues with the priorities and challenges before the country's economy. He reels out figures about the GDP and his worry about the current account deficit. He says the CAD is high due to imports of ...
This is the start of the speech by Finance Minister P Chidambaram. He says he intends to keep the speech short. He also reels outs figures related to India's GDP and exports. He says hopefully in the coming year, only China would grow faster than India.
Finance Minister P Chidambaram presents India's 82nd budget in the Lok Sabha, amid concerns over the slowdown in the country's growth. The minister said that getting back to high growth rates of 8-9 per cent is the main challenge before the country. However, h...
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...
In this segment of Stock This Week, managing director of DBFS, Prince George analyses the the recently released GDP data and inflation data. India's annual wholesale price inflation slowed to 6.62 per cent in January. Annual consumer price inflation accelerate...
The episode opens with a chat with Bindu Sathyajith, Managing Director of Poly Colours Chemicals, Poly Colours International, Poly Securities, Mural Jyothi, RV Entertainment and India123Shop.com, talk about her success story. She began her career working at th...
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...
India's economy extended its long slump in the last quarter, with lower-than-expected growth keeping it on track for its worst year in a decade and underscoring the urgency of politically difficult reforms to spur a revival. India's GDP has decreased from 5.5%...
Thom Hartman facilitates a debate between Brian Darling, Richard Fowler and Andrew Langer about the first of the three presidential debates between Republican candidate Mitt Romney and President Barrack Obama. They discuss the tax cuts, healthcare and green en...
Peter Lavelle turns the focus on the austerity measures in Europe, and if politics and economy have been reduced to a contest between the democratic government and market preferences. The austerity cuts implemented as the Eurozone recovers from the financial c...
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...
On Market Hour: Goldman Sachs AMC's Jim O'Neill confirms that the reform action is positive but implementation is key; Quantum Securities' Sanjay Dutt and Jyotivardhan Jaipuria dicuss the policy impact on markets and whether policy paralysis is turning into re...
The market is upbeat after the slew of policy action, and the Chairman and CEO of Edelweiss Group talks to Nikunj Dalmia on the reason behind this optimism. He explains what it will take for India to make progress and beat inflation, how long term investors sh...
Global ratings agency Standard & Poor's lowers its 2012 GDP growth forecast for India. S&P lowered the GDP growth forecast to 5.5 percent citing weak monsoons and investor sentiments.
Standard and Poor's, a ratings agency lowers the GDP forecast of India to 5.5% for this fiscal year. The rating has been downgraded from 6.5 % that was projected earlier, citing 'volatile' global economic situation. The report said that the lack of monsoon rai...
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 the Market Hour: Sanjeev Prasad from Kotak Instl Equities on where to put your money; Vineet Nayyar from Tech Mahindra on buying Hutch's BPO; Anil Ambani on the Sasan project; the coal scam and its impact on power tariff; the impending petro...
The rupee declined by half a percent on Friday and opened on a weak note today, down by five paisa. The pressure is building on the rupee with the fiscal balance numbers and GDP due later this week.
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-...
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...
Prime Minister Manmohan Singh, in his Independence Day address, has expressed confidence over bettering India's GDP compared to last year. He has said that the global economic scenario had a bearing on India as well and that the government will take every step...
On Market View, Jim Walker, Founder & MD, Asianomics gives his views on the Indian market. The expected GDP growth was 4-6 percent but it may not meet its fiscal target for FY13. He says foreign investors looking at the market in India are concerned. On the b...
‘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...
Addressing the BJP state executive meet at Rajkot, Gujarat Chief Minister Narendra Modi remarks that Prime Minister Manmohan Singh has been misleading the country by projecting faulty GDP growth. Eyeing the 2014 general elections, Modi said that the voters kno...
Billionaire investor Rakesh Jhunjhunwala explains the depressing market behaviour and sets positive targets for the future. Claiming to be bullish in the short-term, he emphasizes the necessity for an interest rate cut even as consumption has dipped. Jhunjhunw...
Hot Commodities on ET Now informs, educates and helps investors trade in commodities, by simplifying the maze of commodities that are traded during the day.
On a day when Opposition parties united across the country to slam the Centre on fuel price hikes, the BJP went a step further by cornering the UPA Government on the surprisingly dismal GDP growth rate in the last quarter.
Markets @Lunch on ET Now brings you a daily, detailed update of the key events impacting stock markets. It also has stock picks, F&O calls, mutual fund tips and commodity markets analysis.
Addressing the Rajya Sabha over the financial situation in India, the Finance Minister Pranab Mukherjee, says the Sensex and the Rupee are on the slide because of the Eurozone crisis.
Telltale signs of downturn in the Indian economy is unmistakable. Industrial output has contracted and the Rupee has depreciated by nearly 20%. Have we gone from India Shining to India Shrinking?
Indian stock markets have seen a lot of red lately, but the burning question is whether the markets have hit nadir or are still on a downward spiral. Rakesh Jhunjhunwala and others elaborate on the issue.