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FinMin shows strong macro-economic fundamentals, reforms for sustained growth in 2017
Mon, Dec 18, 2017
Union Finance Ministry on Monday released its year end review showing strong macro-economic fundamentals and reforms for sustained growth for the year 2017-18.
India growth to normalise in next four to six quarters, says Standard Chartered
Thu, Dec 14, 2017
The report said that economic growth has bottomed out after slowing to a 13-quarter low of 5.7% in April-June 2017, but predicted growth recovering further to 7% over the next few quarters (6.3% in July-September 2017), supported by several factors.
India's GDP to reach nearly 8% in four years: Moody's poll
Mon, Jul 31, 2017
"Given economic and institutional reforms in India, and further changes that could follow, India will likely grow faster than similarly rated peers over the next 12-18 months, despite a short-term drag caused by demonetisation," said Marie Diron, a Moody's Associate Managing Director.
Sensex goes up 160 points on reforms, F&O expiry
Thu, Jun 29, 2017
The Sensex headed up today surging 160 points as investors welcomed the Cabinet's decision to give 'in-principle' nod to disinvestment of Air India, a sign the government is not shying away from bold reforms. A firm trend in Asia brought risk appetite back.
Big ticket & systemic reforms in last three years; more to follow: Nirmala Sitharaman
Sun, May 21, 2017
As the NDA government has completed its three years in May, Union Minister Nirmala Sitharaman told a news agency on Sunday that the government has taken big ticket and systemic reforms in various sectors like taxation, FDI policy, power, aviation, among others.
India's GDP growth to pick up again to 7.6% next year on improving consumption, timely rains: DBS
Fri, Mar 31, 2017
DBS has predicted India's GDP growth to pick up again to 7.6% next year on improving consumption, timely rains, higher public sector spending, and better export growth.
China to target around 6.5% economic growth in 2017: Sources
Mon, Jan 16, 2017
China will lower its 2017 economic growth target to around 6.5% from last year`s 6.5-7%, policy sources said, reinforcing a policy shift from supporting growth to pushing reforms to contain debt and housing risks.
India to see lower GDP growth for two quarters on cash crunch: HSBC
Thu, Jan 12, 2017
India's GDP growth numbers are expected to see a decline of 2% in the third and fourth quarters of the current fiscal, as effective currency in circulation has contracted significantly, says an HSBC report.
HSBC sees Sensex at 30,500 by end of 2017 on government reforms
Wed, Jan 11, 2017
Global financial services major HSBC has set an optimistic benchmark BSE Sensex target at 30,500 for December-end, 2017 saying that structural reforms like demonetisation and GST will boost growth in the long run.
Note ban most disruptive policy innovation since 1991, says former RBI governor D Subbarao
Thu, Jan 05, 2017
Former Reserve Bank of India (RBI) governor D Subbarao on Thursday termed demonetisation as "creative destruction and the most disruptive policy innovation since 1991 reforms" that has helped destroy blackmoney.
PM Narendra Modi promises more reforms, says note ban short-term pain
Sat, Dec 24, 2016
Prime Minister Narendra Modi on Saturday hinted at unleashing more radical reforms, saying his government will not shy away from taking difficult decisions that are in national interest and admitted the note ban caused "short-term pain".
Govt introduces 8 reforms to push India's 'Ease of Doing Business' ranking to top 50
Tue, Dec 20, 2016
In an effort to improve the ‘Ease of Doing Business’ ranking of India to top 50 countries in the World Bank report, the government announced the formation of Nodal Departments for a ‘reform process.’
Moody's maintains India's Baa3 credit ratings with a positive outlook
Wed, Nov 16, 2016
Moody's welcomes the economic and institutional reforms introduced since the positive outlook was assigned, but refrained from giving India a higher credit rating as the effect of this has yet to reflected.
Govt needs to speed up implementation of reforms to push economic growth: Survey
Sun, Jun 05, 2016
The survey also stressed on the quick implementation of the announcements in the budget especially in the infrastructure space, boosting export competitiveness and addressing the issue of delayed payments.