The government on Friday appeared to differ with the Kelkar Committee report on sharp reduction in subsidies on petroleum, food and fertiliser.

The report had said that the policy objectives should b

The country's growth rate is expected to pick up in the second half of this fiscal and reach 6.7 per cent for entire 2012-13, Prime Minister's Economic Advisory Council chairman C. Rangarajan said o

Keeping in view the challenges faced by finance minister P. Chidambaram in curbing the burgeoning fiscal deficit and bringing the economy back on track, the government is preparing to hit the disinv

Union finance minister P. Chidambaram, who had given the nation a “Dream Budget” in the 1990s, is now taking swift measures to counter the economic slowdown. He will meet top public sector bank chiefs

The Bihar government's high pride in achieving a growth rate of 16.71 per cent during 2011-2012, the highest in the past five years, have been dented by reports of rural distress like poor families se

International Monetary Fund (IMF) has lowered India's growth forecast by 0.7 per cent to 6.1 per cent for 2012 - the steepest cut for any nation - in view of deteriorating global economic situation

India has the potential to register economic growth of 8-9 per cent for several years by hugely investing in infrastructure, Planning Commission Deputy Chairman Montek Singh Ahluwalia on Wednesday.

Prime Minister's Economic Advisory Council (PMEAC) chairman C. Rangarajan on Tuesday said India can become a middle income country by 2025 if it grows at a rate of 8-9 per cent every year.

"...if we

Attributing economic slowdown to Reserve Bank's tight money policy and global financial problems, Finance Minister Pranab Mukherjee on Tuesday said the country needs to target a double-digit growth ra

Warning of difficult months ahead, Finance Minister Pranab Mukherjee on Saturday said pressure on the rupee will continue and growth in the current fiscal is likely to be less than the earlier estimat