India fastest-growing economy despite slump

Nov 30, 2018, at 11:01 pm

New Delhi, Nov 30 (IBNS): India is the fastest-growing major economy in the world, even ahead of China, despite slowing down to 7.1 per cent during July-September from 8.2 per cent the previous quarter.

Arun Jaitley defends govt's new GDP data

Nov 29, 2018, at 01:30 pm

New Delhi, Nov 29 (IBNS): India's finance minister Arun Jaitley on Thursday defended the government's back-series GDP data, which showed slower growth during the UPA regime that was previously recorded, as realistic, credible and more reflective of the economy.

Modi govt paints a rosy picture, Sonowal contradictory views: Tarun Gogoi

Dec 12, 2015, at 01:12 am

Guwahati, Dec 11 (IBNS): Assam Chief Minister Tarun Gogoi on Friday said that Union Minister and BJP State President Sarbananda Sonowal's statement that the State’s economy has become stagnant has been proved wrong by the BJP-led NDA Government's report that gave Assam the sixth position in Gross State Domestic Product (GSDP).

Hitachi-Siemens-CII MoU for smart cities

Mar 17, 2015, at 10:49 pm

New Delhi, Mar 17(IBNS) Hitachi India Limited and Siemens Limited signed a MoU with CII on Tuesday to form a consortium that would create pilots and replicate them throughout the country for setting up 100 smart cities.