New Delhi: Faced with sliding rupee, Finance Minister P. Chidambaram on Wednesday said government will further liberalise the FDI policy and encourage public sector undertakings to raise funds from o

In 2013-14, GDP growth is expected to recover from last year’s lows. The recovery however, critically hinges on normal monsoons, which would lift consumption growth. If the monsoons fail and agricult

The expected growth rate of about seven per cent this fiscal (2011-12) should be regarded as commendable in the light of difficult global economic conditions, Prime Minister Manmohan Singh said on Mon

Following are the highlights of the Economy Survey 2011-12, a report card of the Indian economic scenario for current fiscal, presented by Finance Minister Pranab Mukherjee in Lok Sabha on Thursday

Though Indian banks' exposure to the troubled euro zone is negligible, funding pressure could impact them, Economic Survey 2011-12 today said.

"The recent regulatory prescriptions for European banks

India's economy grew a slower-than-expected 6.1 per cent in the December quarter from a year earlier, government data showed on Wednesday.

It was the slowest rate of growth in 11 quarters. Economists

Prime Minister's Economic Advisory Council chairman C Rangarajan has projected that the country's GDP growth will be close to 8 per cent this fiscal and inflation will continue to rule at high levels

With rising inflation coupled with spiraling lending cost becoming a bane, a majority of industry representatives surveyed do not see the economic growth at over 8 per cent mark for the current fiscal

April 25: CII president, Mr B. Muthuraman, said on Monday that the apex chamber expects the GDP to grow in the range of 8 to 8.5 per cent in the current fiscal as challenges emerge in the form of risi

Allaying apprehensions that global events like high oil prices may impact growth, finance minister Pranab Mukherjee on Friday exuded confidence that the economy would return to nine per cent growth in 2011-12.