economy

Price subsidies did not have a transformative effect on the living standards of the poor, though they helped poor households to weather inflation and price volatility, the Economic Survey for 2014-15 revealed Friday, adding the rich often…

Asserting that President Barack Obama was committed to boosting India-US trade ties, the US has suggested that they work together in a way that benefits the economies and job creation in both countries. "There is an opportunity for us to…

The US wants India to remove obstacles in the way of boosting two-way trade with reforms, more openness of economy, ease of doing business and by giving confidence to investors. US Ambassador Richard Verma Monday said Prime Minister…

The positive sentiments of growth and development and change in job outlook has been charting at the top ever since the unprecedented mandate to the Modi government in the parliamentary elections of 2014. The business friendly measures and…

The annual report by The Heritage Foundation, a conservative Washington think tank, in collaboration with The Wall Street Journal, ranks India 26th out of 41 countries in the Asia-Pacific region. India's total score is down by 1.1 points…

Prime Minister Narendra Modi Friday called for making India a $20 trillion economy, while stressing laws must evolve with time and his government had taken several initiatives towards "transforming India". Addressing the Economic Times…

Recent reforms and economic initiatives undertaken by the government have increased the confidence of Swedish companies in doing business in India, an industry survey showed Friday. "This shift in perception can be largely attributed to the…

The Planning Commission of India will be renamed as ‘NITI Ayog’, as a part of restructuring plan announced by the Prime Minister, Narendra Modi. Modi announced scrapping of Planning Commission in his first Independence Day speech in 2014.…

Odisha Finance Minister Pradip Amat has attended Pre-Budget Consultation Meeting of Union Finance Minister, Arun Jetly at Hotel Ashoka, New Delhi, on Friday. In this meeting Minister Amat has raised some issues common to States and specific…

The index of industrial production (IIP) contracted 4.2% for the month of October. The IIP declined by 1.2 per cent and slumped to three years low following a sharp decline the sectors of capital, consumer and manufacturing. In October…