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RBI keeps rates unchanged 03 February 2015
The Reserve Bank of India has kept its Policy Repo Rate and cash reserve ratio [CRR] unchanged at 7.75 percent and 4.0 percent respectively. Citing the currently and evolving macro-economics situation, RBI took this decision, however, the statutory liquidity ratio...
Keywords: Repo Rate, RBI, fiscal year, RBI
Read MoreIndian economy is vibrant, IMF 07 May 2015
India is one of the fastest growing economies in the world, according to the IMF's latest economic health check. The other Asian giant China's economy is slowing, according to the International Monetary Fund's (IMF) Regional Economic Outlook for Asia and...
Keywords: Indian economy, Indian economy, IMF, IMF
Read MoreIndia's outgrowth slackens in speed! 01 June 2013
There have been a deterioration in India's economic development due to the fact of its slowest rate of movement in a decade for the current fiscal year, moving unsteadily surrounded by government proving unsuccessful to act on planned improvement to...
Keywords: indian economy development, india's outgrowth slackens in speed, indian economics, indian economy development
Read MoreGDP growth of 8 percent by 2017, India rocking 14 April 2015
The World Bank has predicted a GDP growth rate of 8 percent for India by 2017 and that a strong expansion in the country, coupled with favourable oil prices, would accelerate the economic growth in South Asia. GDP growth is...
Keywords: GDP, Fiscal year, India, World Bank
Read More2500 crore a day 24 March 2015
Union government will borrow Rs 3.6 lakh crore from the markets in the first half of the next financial year, which is over 50% of the annual target of Rs 6 lakh crore. "We will issue long-term bonds of 40...
Keywords: Fiscal deficit, Fiscal year, Union government, Union government
Read MoreCar sales increase by 2.64 percent 16 April 2015
Domestic passenger car sales grew 2.64 percent to 1,76,011 units. Motorcycle sales last month dipped 5.22 percent to 8,59,521 units. Total two-wheeler sales in March declined by 0.84 percent to 13,23,184 units. Sales of commercial vehicles were up 2.14 percent...
Keywords: car sales, Fiscal year, Society of Indian Automobile Manufacturers, car sales
Read MoreIndian economy is vibrant and may overtake China 28 May 2015
While celebrating his first year in office, Prime Minister Narendra Modi can be proud enough in the success of transforming India into the fastest growing major economy. When India releases its data on Friday, it is expected to show that...
Keywords: Fiscal year, Indian economy, GDP, GDP
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