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Total 160 results found. Search for [ Asia's third-biggest economy ]

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October 10, 2017
A review of Reserve Bank of India (RBI) data obtained through right-to-information requests shows banks' total stressed loans rose 4.5 percent in the six months to end-June. In the previous six months they had risen 5.8 percent.

BT Online
New Delhi, October 6, 2017
Total bank loans in India grew just about 5 per cent in the year to March, the slowest pace in more than six decades. Latest central bank data showed an annual growth of only 6.8 per cent for the two weeks to September 15.

New Delhi, September 28, 2017
Surprise policy shifts, such as an apparent U-turn over a locomotive deal with General Electric, risk undermining Prime Minister Narendra Modi's flagship 'Make in India' initiative, which aims to create millions of jobs and boost growth.

New Delhi, July 19, 2017
India will reclaim its position as the fastest growing major global economy this year, partly propelled by benefits from a new tax system and bolstered by an expected central bank interest rate cut.

Arpan Rai
New Delhi, July 6, 2017
Students in Delhi University will now have to wraps their heads around the historic goods and services tax (GST) that has flustered many across the country since its unveiling on July 1.

New Delhi, July 1, 2017
The Goods and Services Tax unifies the USD 2 trillion economy and 1.3 billion people into one of the world's biggest common markets.

Dr Khee Giap Tan, Mr Ron Sim and Mr Jeremy Wei Liang Ho
New Delhi, June 14, 2017
China's One-Belt One-Road (B&R) initiative is a grand masterpiece of wisdom intended to promote regional economic inter-connectivity through Chinese-led infrastructure investment and development.

New Delhi, March 17, 2017
Prime Minister Narendra Modi, fresh from his landslide election victory in Uttar Pradesh, now has a chance to advance his economic reform agenda.

BT Online
New Delhi, March 11, 2017
Modi wave seems to have swept the key state of Uttar Pradesh with the BJP and its allies past the 200-mark

New Delhi, February 22, 2017
The finance ministry on Wednesday backed a call by the Reserve Bank of India to set up an institution similar to a \"bad bank,\" saying urgency was needed to address troubled loans weighing on the banking sector that were hobbling investment and growth.

February 3, 2017
Gold demand in India will be muted this year after dropping to multi-year lows in 2016, with trading dented as the government pushes to make markets for the metal more transparent and brings in a new tax, the World Gold Council (WGC) said on Friday.

January 30, 2017
Finance Minister Arun Jaitley will present the most challenging budget of his tenure on Wednesday, as he seeks to appease voters still hurting from the radical monetary shock therapy that his government has administered.

New Delhi, January 26, 2017
India is planning to revive a cluster of colonial-era gold mines - shut for 15 years but with an estimated $2.1 billion worth of deposits left - as the world's second-largest importer of the metal looks for ways to cut its trade deficit.

New Delhi, January 3, 2017
SBI, the country's biggest lender by assets, said on Sunday it had cut its so-called marginal cost of funds-based lending rates (MCLR) by 90 basis points, while unveiling new products for mortgage loans, one of the fastest-growing areas.

New Delhi, December 9, 2016
Prime Minister Narendra Modi handpicked a trusted bureaucrat, little known outside India's financial circles, to spearhead a radical move to abolish 86 percent of the country's cash overnight and take aim at the huge shadow economy.

November 1, 2016
Tuesday's data should help reinforce views Asia's third largest economy is growing at a robust pace, but it could also point to risks of inflation gathering steam and crimping the Reserve Bank of India's room to ease policy further.

October 28, 2016
Gross national savings as a per cent of the South Asian nation's gross domestic product will slip this year to 30.2 per cent, the lowest since 2003, and fall further over the next two years, the International Monetary Fund forecasts.

New Delhi, October 14, 2016
At $7.5 billion, the additional spending would represent about 2.5 percent of the total budgeted so far for the current fiscal year.

August 21, 2016
State Bank of India (SBI), the nation's biggest lender by assets, will gain $120 billion in assets following its merger with associate banks and Bharatiya Mahila Bank, the lender said in a statement on Saturday.

New Delhi, August 4, 2016
Fresh bout of dollar selling by exporters and persistent foreign capital inflows largely aided the recovery despite high volatility in domestic equities, a forex dealer said.

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