ECONOMY

Who said what

February 01, 2017 | TEAM VCC

Finance minister Arun Jaitley’s fourth budget drew mixed reactions on Wednesday. While Prime Minister Narendra Modi praised the budget for 2017-18, opposition leaders criticised it. Here’s a quick take on reactions to the budget.

Stocks climb as investors cheer tax sops, higher spending

February 01, 2017 | Ankit Doshi

Indian stocks jumped to over three-month highs on Wednesday after finance minister Arun Jaitley proposed measures to boost spending in infrastructure sectors and rural areas but broadly stayed fiscally prudent in his budget for 2017-18.

Highlights

February 01, 2017 | TEAM VCC

Finance minister Arun Jaitley on Wednesday eased the government’s fiscal deficit target for 2017-18 as he proposed higher spending on rural areas and infrastructure in the annual budget.

India factory output grows slightly in January after December contraction

February 01, 2017 | Reuters

Indian factory activity returned to modest growth in January, bouncing from a contraction in December triggered by the government's scrapping of high value banknotes, a business survey showed on Wednesday.

Live Blog

February 01, 2017 | TEAM VCC

Finance minister Arun Jaitley is presenting the Union Budget for the fiscal year that begins on 1 April on Wednesday.

Economic Survey pokes ratings firms, questions methodology

January 31, 2017 | Aman Malik

The Economic Survey 2016-17 presented on Tuesday came down hard on credit ratings firms for the methods they use while assigning sovereign ratings to individual countries.

What it says about growth, demonetisation and more

January 31, 2017 | Reuters

India's economy should grow between 6.75% and 7.5% in the financial year beginning on April 1, a government report estimated on Tuesday.

India GDP growth for FY18 likely 6.75-7.5%: Economic Survey

January 31, 2017 | Aman Malik

The Indian economy is likely to expand between 6.75% and 7. 5% in the fiscal year that begins in April, the government said in a report on Tuesday, as it expects growth to pick up after slowing this year.

Glad I am not RBI governor now, it’s a tough job: Bimal Jalan

January 30, 2017 | Oineetom Ojah

The Narendra Modi government’s shock decision in November to ban high-value banknotes not only hurt the economy but also dented the image of the Reserve Bank of India and governor Urjit Patel as an independent banking regulator.

India’s investors brace for higher taxes, fewer incentives in budget

January 27, 2017 | Reuters

Investors in India are bracing for higher taxes and fewer incentives from the government's annual budget on Feb. 1 as the focus shifts to wringing out revenues to finance giveaways and higher public investment.

Pages

Advertisement

Upcoming Events