Chinese policymakers will need to consider providing more direct fiscal support, as well as reforming the hukou (household registration) system. read more

“Rahul Gandhi is a young, upcoming leader. He was made president of the Congress a year back. From then, I have seen the quantum of experience he has gained, but there is room for improvement. As a coalition partner, here I have no hesitation in extending... read more

The inflation-adjusted and inflation-unadjusted farm growth rates being equal corroborate the income crisis faced by farmers, who found prices of key agricultural commodities plummeting after they produced a bumper harvest. read more

The short point is India needs to outperform itself in terms of economic growth to ensure that the fruits of growth are shared by a wider section of the population. read more

According to the chamber, among the key drivers for growth that need to be fostered include extending the Goods and Services Tax (GST) to currently exempted sectors such as fuel, real estate, electricity and alcohol. read more

India is grappling with the mismatch between economic fundamentals and business sentiments, which appeared to have taken a hit in the aftermath of the demonetisation exercise and the implementation of GST. The government’s perceived differences with... read more

What makes it difficult to ignore any persistent farm crisis, such as the current one, is simply that there are just too many people dependent on a farm-based livelihood: nearly half the population. read more

While speaking at India-Turkey Business forum 2018 which was organised by Federation of Indian Chambers of Commerce & Industry (FICCI), Union Minister of Commerce and Industry Suresh Prabhu said, “I am happy to say that India will be 5 trillion dollar economy in coming 7-8 years and already we have complete road-map for it.”read more

Gita Gopinath co-authored the research paper titled ‘Cash And The Economy: Evidence From India’s Demonetisation’. read more

The senior Congress leader said there was a sense of crisis in every sector, be it banking, industry, construction or real-estate. read more

The size of the GDP in the second quarter of 2018-19 is estimated at Rs 33.98 lakh crore, as against Rs 31.72 lakh crore a year ago read more

The Central Statistics Office (CSO) estimated that India’s GDP grew by 8.5 per cent in the financial year 2010-11 (April 2010 to March 2011) and not at 10.3 per cent as previously estimated. read more

The government on Wednesday lowered the country’s economic growth rate during the previous Congress-led United Progressive Alliance (UPA) regime, shaving off over one percentage point from the only year when India posted double-digit GDP growth post... read more

The former CEA says he does not think anyone disputes that demonetisation slowed growth. Rather, the debate has been about the size of the effect -- whether it was 2 per cent points, or much less. read more

Niti Aayog vice-chairman Rajiv Kumar said variation in two sets of numbers was due to the recalibration of data in certain sectors of the economy, including mining, quarrying and telecom. read more