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Economy

India Ideas Summit: PM Modi invites US to invest in agriculture sector

Marking a dual departure from the RSS’s economic ideology, Modi said at the India Ideas Summit he wanted human-centric growth and FDI in farm

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Economy

Industry asked to identify Chinese components that can be substituted

This is among several policy measures the government is contemplating to reduce India’s dependence on China in the wake of the clashes along the LoAC

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Economy

Moody’s: India’s weak domestic consumption to affect growth

Moody’s said weakening economic growth were rural financial stress, low employment generation and lack of liquidity were causing a low growth

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Economy

Raghuram Rajan: Slowdown owes to inability to identify new vistas of development

The Indian economy has slowed down remarkably after performing well for the last several years: Former RBI Governor Raghuram Rajan while delivering the OP Jindal lecture at Brown University

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Editorial

Budget VI: Does Modi Know Economics At All?

From the things Nirmala Sitharaman chose to make dearer and cheaper, and the continuity of incremental approach of Arun Jaitley to reforms, it is clear Narendra Modi has been the de facto finance minister all throughout. And his understanding of economics is questionable, notwithstanding his big dreams.

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Economy

World Bank disagrees with CSO, projects 7.5% Indian growth

Private consumption and investment will benefit from strengthening credit growth under a more accommodative monetary policy, World Bank said

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Economy

Nooyi: India has huge potential if roadblocks removed

India does have huge potential, talent wise, population, everything, the country has huge potential. The real question is the speed of growth and how many roadblocks we are willing to remove: Indra Nooyi

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India

US growth rate likely to touch 5%, says Donald Trump

Washington: US President Donald Trump today said the country’s growth rate is likely to touch 5% as against the existing 3.2%, on the back of an improved economy and job creation by new factories. Trump, whose first four-year term ends in January 2021, forecast that the US’ growth rate may surpass the 5% mark in […]

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Editorial

Formula For 10% Growth

Prime Minister Narendra Modi once again elucidated the goal of achieving 10% growth rate in the near future while addressing his brainchild NITI Aayog, and asked to come up with ideas that can help India climb the Mount Everest of growth dynamics. Not long ago, the prime minister had set the target of becoming a […]

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Economy

India to grow 7.3% this fiscal, fastest in Asia: ADB

New Delhi: India’s economic growth will rise to 7.3% this fiscal and further to 7.6% in the next financial year, retaining the fastest-growing Asian economy tag, on back of GST and banking reforms. In its Asian Development Outlook (ADO), 2018, Manila-based ADB said, “risks to trade are high” and retaliatory actions could dent growth in […]