Plan panel expresses disappointment over IIP numbers
Planning Commission on Thursday expressed disappointment over decline in industrial output by 1.8 per cent in June, while hoping the steps announced by Finance Minister P. Chidambaram would help in
Poor monsoon to pull down economic growth to 6%: Montek
Deficient monsoon is likely to pull down the economic growth in the current fiscal to about six per cent, from 6.5 per cent a year ago, the Planning Commission said on Friday.
"If we factor in th
Drought could delay fuel reforms: Ahluwalia
The drought threatening India due to elusive monsoon rains will make it politically harder for the government to raise prices of subsidised fuel, delaying a reform urgently needed to rein in the count
9% growth not possible in next 5 years: Montek
In view of deteriorating global economic situation over the last one year, achieving average growth rate of 9 per cent in the next five years is not possible, and it may be 8-8.5 per cent, Planning Commission Deputy chairman Montek Singh Ahluwalia said on Friday.
Assocham chief meets Montek, wants GAAR put in cold storage
Concerned over sluggish growth and poor investment climate, Assocham president Rajkumar Dhoot on Thursday met Planning Commission deputy chairman Montek Singh Ahluwalia and demanded the controversial
Too early to reach adverse conclusion on monsoon: Montek
Allying apprehensions over the possibility of deficit rainfall in the monsoon season, Planning Commission Deputy Chairman Montek Singh Ahluwalia on Monday said it is too early to reach the conclusi
FinMin will resolve uncertainty over GAAR very quickly: Montek
The Finance Ministry under Prime Minister Manmohan Singh will very quickly 'resolve' uncertainty among investors caused by anti-tax avoidance rules which were unveiled in the Budget, Planning Commissi
Eurozone contagion a major worry for India: Montek
India's economic woes have not gone out of hand in the wake of the slip in the GDP growth -- the lowest in nearly 9 years -- but there could be trouble if the Eurozone crisis is not quickly contain
Jayalalithaa slams Centre, again
After Gujarat chief minister Narendra Modi, it was Tamil Nadu CM J. Jayalalithaa’s turn to hit out at the planning commission for its ever-increasing tendency to dictate terms to states on spending “t
Economy needs a quick fix
India’s GDP grew by mere 5.3 per cent in January-March 2012 (Q4) quarter, which is even lower than when the Lehman Brothers crisis had hit the world. This is the fourth straight quarter of decline in