Indian Economy

  • India's you too Brutus moment

    Not Worth Another Word |  Sreedhar Pillai
    "Et tu, Brute? - Then fall, Caesar! Proclaiming this is what Julius Caesar said on receiving the mortal stab from his most trusted friend ...

  • India likely to see weak economic growth, says OECD 08-04-2014 07:02 PM

    London: India and many major emerging economies are expected to see weak growth even as prospects have stabilised in most of the advanced countries, says a report by Paris-based think-tank OECD. Besides India, Brazil and Russia are likely to witness economic growth weakening whereas the prospects look better for China....
  • Economy to boost mkt in long-term; current rally poll-driven 03-04-2014 06:44 PM

    Though the outcome of the general elections will offer a short-term boost to the market, a sustained rally will be determined by the economic data, according to a JP Morgan Asset Management report. "Although investors are eagerly awaiting the results of the general elections as a catalyst to boost market...
  • Nifty ends above 6700; SBI loses 2 pc, pharma outperforms 03-04-2014 09:33 AM

    Mumbai: Equity benchmarks retreated from record highs on Thursday with the Nifty snapping 10-day winning streak on account of profit booking in banks, oil & gas and capital goods stocks. The market fell as much as 0.8 percent intraday but it managed to trim losses in late trade. The Sensex...
  • How bad is the UPA's economic record? 02-04-2014 02:43 PM

    New Delhi: The economic record of the United Progress Alliance (UPA) is a major election issue, and the Bharatiya Janata Party (BJP) is making the case that weak leadership and a welfarist ideology led the UPA to fritter away India's economic future. At a press conference on Sunday, BJP leader...
  • Exclusive: Not worried about rupee overvaluation right now, says Rajan 02-04-2014 02:41 PM

    Mumbai: Reserve Bank of India governor Raghuram Rajan said he was not worried about rupee overvaluation for now. Strong foreign fund inflows over the last couple of months have lifted the rupee to an 8-month high, stoking concerns that India's exports could become uncompetitive. "When we were at 60/$, people...
  • Modi represents crony capitalism, big businesses support him: FM 31-03-2014 04:36 PM

    New Delhi: Finance Minister P Chidambaram on Monday hit out at Narendra Modi, the prime ministerial candidate of the BJP, saying he represented "crony capitalism" and big businesses which liked it, supported him. "Modi is associated with crony capitalists. Big businesses which are comfortable with the idea support him," he...
  • Chidambaram deteriorated a robust, healthy economy: Yashwant Sinha 30-03-2014 03:42 PM

    New Delhi: Attacking the Congress led UPA government on the economy front, the Bharatiya Janata Party on Sunday hit out at the Finance Minister P Chidambaram for India's weak economic condition. BJP leader and former finance minister Yashwant Sinha accused Chidambaram of deteriorating a robust and healthy economy. He, in...
  • 2014 Lok Sabha elections: It's all about jobs 29-03-2014 09:35 AM

    Patna: Old enough to vote for the first time, student Sheeba Shamim, the daughter of a middle class family, and young construction workers sweating on a nearby building site are impatient for a government in India that delivers jobs and hope for the future. They are among more than 100...
  • Stable UPA government providing strength to Indian economy, says Chidambaram 25-03-2014 12:41 PM

    Finance Minister P Chidambaram on Tuesday rejected media analysis that the "hope" of a stable government after elections is bringing in investments and driving up the capital market and the value of Rupee. He maintained it is not "hope" but the "fact" of a stable government provided by UPA and...
  • Power of 49: The power and its mystique

    The Straight Drive |  Sriram Balasubramanian
    The world's largest democracy is bracing itself for the most anticipated event every 5 years. To keep things in perspective, almost 1 in 6 on...

  • Devil's Advocate: BJP doesn't indulge in caste politics, says Jaitley 02-03-2014 08:08 PM

    Leader of Opposition in the Rajya Sabha Arun Jaitley has said that the BJP is not a party which indulges in vote bank politics. In an interview with Karan Thapar in 'Devil's Advocate,' Jaitley said, "BJP is not a party which will have religious based reservations and will not go...
  • India @ 9 with Rajdeep Sardesai 27-02-2014 10:35 PM

    Catch the day's top stories with Rajdeep Sardesai on India @ 9. ...
  • News 360: Major fire in cracker factory in Mumbai, 9 dead 27-02-2014 08:28 PM

    A major fire broke out on Thursday evening at a cracker factory in Alibaug near Mumbai. At least nine people are feared dead in the incident. The incident took place around 3 pm. ...
  • A Billion Votes: India is in desperate need of investment, says Modi 27-02-2014 07:30 PM

    Bharatiya Janata Party Prime Ministerial candidate Narendra Modi on Thursday made a pitch to corporate India in the national capital. Speaking to a gathering of corporates, bankers and investment houses, Modi said that the country is in dire need of investment in infrastructure in all sectors. Modi also endorsed Foreign...
  • Infrastructure splurge too late for UPA-2 or next government 27-02-2014 03:31 PM

    New Delhi: India's drive to break an infrastructure investment logjam has come too late to revive the economy before the forthcoming general election - and it could be years before it pays growth dividends for the next government. Although a cabinet task force set up by Prime Minister Manmohan Singh...
  • BJP will eliminate archaic laws if it comes to power: Modi 27-02-2014 12:08 PM

    New Delhi: While pitching for the Bharatiya Janata Party, Gujarat Chief Minister Narendra Modi on Thursday said that there is an urgent need to revive the Indian economy. "There is a need to revive the structure of the government in India. Give us power so that we can eliminate insignificant...
  • Why a chai-wallah will make a good PM

    Unapologetically Right |  Tuhin A Sinha
    Come to think of it: most people live their entire lives in the same social strata in which they were born. A very select few...

  • Rahul Gandhi has all the qualities of a good leader: Chidambaram 20-02-2014 11:16 PM

    Chidambaram was speaking to Karan Thapar on Devil's Advocate. He also spoke about the state of the Indian economy and the situation in Parliament. ...
  • Budget 2014: As it happened 17-02-2014 10:19 AM

    New Delhi: 12:07 pm: Towards the end of his speech, Chidambaram says, "140 million moved out of poverty during UPA-I and UPA-II regime and we are legitimately proud of it." 12:05 pm: Excise duty on mobile handset will be 6 pc on CENVAT credit to encourage domestic production. 12:02 pm:...
  • Infosys Innovating for a Better Tomorrow 16-02-2014 03:53 PM

    Societies progress through innovation in science and technologies, business and social sector. Is there enough innovation happening in India? CNN-IBN Deputy Editor Sagarika Ghose in conversation with Infosys Executive Chairman Narayan Murthy and asks that what does innovation mean to him and what is the role of innovation in the...
  • Economic growth to cross 5 pc this financial year: PM 14-02-2014 08:59 PM

    New Delhi: Pinning hopes on the good monsoon and recent reforms, Prime Minister Manmohan Singh on Friday said economic growth will cross 5 per cent in the current financial year and accelerate further in the coming years. Addressing the Governors' Conference, Singh said the Indian economy, after many years of...
  • Rupee falls 32 paise, ends at 62.42 vs US dollar 13-02-2014 11:10 AM

    Mumbai: The rupee on Thursday erased initial gains and slipped 32 paise, logging its biggest daily drop in over two weeks, to end at 62.42 versus the dollar in line with weakness in domestic stocks and sustained demand of the American currency from oil importers. The rupee commenced higher at...
  • India @ 9 with Rajdeep Sardesai 12-02-2014 10:40 PM

    Catch the day's top stories with Rajdeep Sardesai on India @ 9. ...
  • News 360: RCB bags Yuvraj for 14 cr in day one IPL auction 12-02-2014 08:37 PM

    A total of 216 players went under the hammer on day one but only 70 were sold with Yuvraj Singh ending up as the top-earner, bought by Royal Challengers Bangalore for a whopping Rs. 14 crore. ...
  • The Last Word: What is the true state of Indian economy? 10-02-2014 09:05 PM

    Finance Minister P Chidambaram on Saturday expressed confidence that the economic growth rate for the current financial year will be revised to not less than 5 per cent. Growth in 2012-13 slipped to a decade-low of 4.5 per cent. The economy expanded 4.6 per cent in the first half (April-September)...
  • XLRI witnesses 100 per cent placement in 3.5 Days 09-02-2014 08:30 AM

    Jamshedpur: The Xavier School of Management (XLRI) has placed its entire 2012-14 batch in just 3.5 days against the backdrop of a protracted slowdown in the economy, a press release of the institution said on Saturday. The ongoing year's final recruitment process saw the presence of 103 prominent recruiters with...
  • Modi tears into Chidambaram, says hard work not Harvard pays 08-02-2014 10:08 PM

    Chennai: Launching a stinging attack on Union Finance Minister P Chidambaram for ridiculing his knowledge of economics, BJP Prime Ministerial candidate Narendra Modi on Saturday said the country was run with hard work and not Harvard, a reference to the Congress leader's education overseas. In an apparent reference to Chidambaram's...
  • Growth will not be less than 5 pc in 2013-14, says Chidambaram 08-02-2014 05:05 PM

    New Delhi: Finance Minister P Chidambaram on Saturday expressed confidence that the economic growth rate for the current financial year will be revised to not less than 5 per cent. "I am confident that the final estimate will be not less than 5 per cent for the whole year," Chidambaram...
  • India's economic growth pegged at 4.9 pc in 2013-14 07-02-2014 09:18 PM

    New Delhi: India's economic growth rate in the current financial year has been estimated at 4.9 per cent, a faster pace than in the previous year, mainly on an improved performance in the agriculture and allied sectors. "The growth in GDP during 2013-14 is estimated at 4.9 per cent as...