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

The hike in diesel price may push up inflation in the short run but the government's move is expected to help contain fiscal deficit, leading to gains in the long run, Prime Minister's Economic Adv

Welcoming the fuel price hike decision by the government, PMEAC and economists today said the decision provides room for Reserve Bank to ease monetary policy to give thrust on growth.

The hike in di

Prime Minister's economic advisory panel on Friday pegged GDP growth for the current financial year at 6.7 per cent, painting a better picture of the economy than by other think-tanks.

Prime Minister's economic advisory panel on Friday said government should pay special attention to allay investors' apprehensions on taxation front by bringing in policy predictability.

"There is

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

The price of diesel could increase substantially if the government is to accept the Prime Minister Economic Advisory Council’s advice.

“There is an overdue need to make some adjustments in the price

The government will endeavour to raise the economic growth rate to 7.5 -8 per cent in the next fiscal from about 7 per cent currently, Finance Minister Pranab Mukherjee said on Thursday.

"PMEAC

The Prime Minister's economic advisory panel on Wednesday projected 7.5 - 8 per cent growth rate for the next fiscal and said the country can achieve a higher economic expansion if the global environm

Uncertain market conditions globally may have some impact on India's trade and capital flows if growth rates of developed economies remain low, Prime Minister's Economic Advisory Council (PMEAC) Chair