Less cash economy to help India leap frog to levels of developed world in doing business: ASSOCHAM President

Dec 10, 2016, at 11:07 pm

New Delhi, Dec 10 (IBNS): Prime Minister Narendra Modi’s bold drive to take the economy into a ‘less cash’ mode through a multi-pronged strategy would not only check the menace of black money and corruption but would also lead to a large part of the informal economy into the organised sector , said ASSOCHAM President Sunil Kanoria.

Indian Steel Sector’s contributes to overall GDP of the country is nearly 2% during 2015-16:Minister

Nov 16, 2016, at 09:49 pm

New Delhi, Nov 16 (IBNS): Indian Steel Sector’s contribution to overall Gross Domestic Product of the country is nearly 2% during 2015-16.

Demonetisation a Masterstroke, Give it time to play out: CII

Nov 14, 2016, at 12:03 am

New Delhi, Nov 13 (IBNS): The recent move by the government to demonetise high denomination notes is likely to have far-reaching impact, striking a blow at the heart of the illegal economy.

Economy set to perform better in 2nd half of FY 16: ASSOCHAM Bizcon survey

Nov 02, 2016, at 04:15 am

New Delhi, Nov 1 (IBNS): Indian economy would be performing better in the second half of the current fiscal and the trend appears to have begun from the quarter beginning October, 2016 with 66.7 per cent of the latest ASSOCHAM Bizcon Survey respondents expecting uptick in sales, capacity utilization, though positivity on fresh investment is tentative.

Suresh Prabhu says India's fourth industrial revolution is inclusive

Oct 06, 2016, at 06:39 pm

New Delhi, Oct 6 (IBNS): Addressing a gathering at the India Economic Summit on Wednesday, Indian Railway Minister Suresh Prabhu the country is witnessing a fourth industrial revolution but with inclusiveness.

Budget 2016 fails to boost Indian market sentiment

Feb 29, 2016, at 11:04 pm

Mumbai, Feb 29 (IBNS) The Union Budget 2016, presented on Monday, by finance minister Arun Jaitley has been hailed by many, including prime minister Narendra Modi, as a pro-village, pro-poor, and pro-farmer, but it could not boost the market sentiments leading to a sharp decline in the benchmark indices.

Indian economy needs to create safe and productive well-paying jobs: Economic Survey

Feb 27, 2016, at 01:00 am

New Delhi, Feb 26 (IBNS) The Economic Survey 2015-2016 tabled at the Parliament on Friday stressed that to meet the growing aspiration of those entering the labor force, India's economy needs to create enough "good jobs"- jobs that are safe and pay well, and encourage firms and workers to improve skills and productivity.

Economic Survey indicates Indian economy likely to see fastest growth in 2016

Feb 26, 2016, at 08:10 pm

New Delhi, Feb 25 (IBNS) India’s economy is stable and it continues to be the land of opportunity said Union finance minister Arun Jaitley while presenting the Economic Survey 2015-16 at the Parliament on Friday.

Taipei delegation expresses confidence in Indian economy

May 15, 2015, at 10:37 pm

Mumbai, May 15 (IBNS) A 20-member delegation from Taiwan, led by Chien-Nan Kuo, CEO Yu Tong Steel reached out to the Indian investors and members of World Trade Centre Mumbai.

Economic Survey projects over 8 pc GDP growth in 2015-16

Feb 27, 2015, at 06:36 pm

New Delhi, Feb 27 (IBNS) The Economic Survey 2014-15 tabled in Parliament on Friday ahead of the General Budget said the GDP growth at constant market prices is expected to accelerate to between 8.1 and 8.5 percent in 2015-16, indicating that it is time for big bang reforms.

Indian economy to grow between 5-6 per cent in 2015: Report

Dec 10, 2014, at 06:14 pm

New Delhi, Dec 10 (IBNS): Bolstered by strong domestic demand Indian economy is likely to gain momentum in 2015 and grow in the range of 5-6 per cent, rating agency Moody’s said on Wednesday.