World Economics

మన ఆర్థిక పునాదులు గట్టివి 31-08-2019 01:54:16 7శాతం వృద్ధితో దూసుకుపోతున్నాం: అమిత్‌ షా గాంధీనగర్‌, ఆగస్టు 30: ఆర్థికమాంద్యం తరుముతున్న వేళ దేశ హోంమంత్రి అమిత్‌ షా -ఆశావహమైన వ్యాఖ్యలు చేశారు. దేశ ఆర్థిక పునాదులు సుదృఢంగా ఉన్నాయని, ప్రపంచంలో అతి వేగంగా వృద్ధి చెందుతున్న ఆర్థిక వ్యవస్థల్లో భారత్‌ ఒకటిగా నిలిచిందనీ ఆయన గురువారం గాంధీనగర్‌లో ఓ స్నాతకోత్సవంలో అన్నారు. ‘‘2014లో నరేంద్ర మోదీ ప్రభుత్వం ఏర్పడినపుడు దేశ ఆర్థికవ్యవస్థ చిన్నాభిన్నంగా ఉంది. కానీ ఈరోజు- 2019లో మన వృద్ధి రేటు 7 శాతంవైపు పరుగులు తీస్తోంది. స్థూల ఆర్థిక మూలాలు గట్టిగా ఉన్నాయి. . గడచిన ఐదేళ్లలో ద్రవ్యోల్బణాన్ని 3 శాతం కంటే తక్కువ ఉండేట్లు చర్యలు తీసుకున్నాం. ద్రవ్యలోటు కూడా 5 శాతం నుంచి 3.5 శాతానికి తగ్గించగలిగాం’’ అని ఆయన వివరించారు. ఆర్థిక పరిమాణ రీత్యా భారత్‌ ప్రపంచంలోనే మూడో అతి పెద్ద పురోగామి దేశం కావాలని ప్రధాని మోదీ భావించారని, తదనుగుణంగా సూక్ష్మస్థాయిలో ప్రఽణాళికలు వేసుకుంటూ ముందుకెళ్లామని చెప్పారు. ఐదు లక్షల కోట్ల ఆర్థిక వ్యవస్థగా భారత్‌ అవతరిస్తుందని షా ఆశాభావం వ్యక్తం చేశారు. అటు న్యాయశాఖ మంత్రి రవిశం...

Government will stick to target of 7% growth for FY20: CEA KV Subramanian The CEA also said that it is important to note significant upward trends in electricity and power generation. Kamalika Ghosh @GhoshKamalika     The government remains committed to its aim of achieving 7 percent growth in FY20, the chief economic adviser (CEA) KV Subramanian said on August 30. India's gross domestic product (GDP) growth, while high, has shown some slowdown which is due to both endogenous and exogenous factors, Subramanian said. "Impact comes, especially, from global challenges like Sino-American trade conflict," Subramanian said. The CEA also said that it is important to note significant upward trends in electricity and power generation. RELATED NEWS 5% GDP growth illustrates 'economic emergency': Kiran Mazumdar Shaw Amazon and Indian trader group in public spat over discounts Macro@Moneycontrol | RBI's surplus transfer "It must ...

జీడీపీ వృద్ధిరేటు ఢమాల్ 30-08-2019 20:24:01 న్యూఢిల్లీ: 2019-20 సంవత్సరం మార్చితో ముగిసిన తొలి త్రైమాసికంలో మన దేశ స్థూల జాతీయ ఆదాయం (జీడీపీ) వృద్ధి రేటు 0.8 శాతం తగ్గి 5 శాతానికి చేరింది. ఏడేళ్ల కనిష్టానికి వృద్ధి రేటు పడిపోయింది. గత ఏడాది ఇదే కాలానికి జీడీపీ వృద్ధి రేటు 5.8 శాతంగా ఉందని ఏఎన్ఐ వార్తా సంస్థ తెలిపింది. ఆటో, మాన్యుఫ్యాక్చరింగ్, రియల్ ఎస్టేట్ వంటి రంగాలు క్లిష్ట పరిస్థితులను ఎదుర్కొంటూ ఆర్థిక మందగమనం కనిపిస్తున్న తరుణంలో తాజా గణాంకాలు వెలువడటం ఆందోళన కలిగించే పరిణామంగా అంచనా వేస్తున్నారు. India's growth slumps to over 6-year low of 5% in June quart; below China's PTI | Updated August 30, 2019 https://timesofindia.indiatimes.com/business/india-business/indias-growth-slumps-to-over-6-year-low-of-5-in-june-qtr-below-chinas/articleshow/70914221.cms China's 6.2 per cent in April-June, its weakest pace in at least 27 years. CEA K V Subramanian said India's GDP numbers indicate that growth while still high, has shown some slowdown The Chief Economic...

Mukesh Ambani promises investment in Jammu & Kashmir Mukesh Ambani promises investment in Jammu & Kashmir, says Reliance will set up special team Reliance Industries Limited chairman Mukesh Ambani on Monday announced that the group will make several announcements related to investment in the newly formed Union Territories of Jammu and Kashmir, and Ladakh in the upcoming days. ADVERTISEMENT India Today Web Desk New Delhi August 12, 2019UPDATED: August 12, 2019 19:51 IST Reliance Industries Limited chairman Mukesh Ambani on Monday said the Reliance group will set up a special task force focused on making investments in Jammu and Kashmir. (Photo credit: ANI) HIGHLIGHTS Mukesh Ambani on Monday said that Reliance will make announcements related to investment in J&K and Ladakh Reliance chairman also said that the group will set up a special task force focused on making investments in J&K On August 6, the Centre revoked Article 370 of the Constitution, under wh...

అమిత్‌భాయ్‌ సిసలైన ఉక్కుమనిషి 31-08-2019 02:08:09 కేంద్ర హోంమంత్రి అమిత్‌భాయ్‌ సిసలైన కర్మయోగి, ఉక్కు మనిషి. ఇంతకుముందు గుజరాత్‌.. ఇప్పుడు యావత్‌ భారతం ఆయనలాంటి గొప్ప నాయకుణ్ని చూసి గర్విస్తోంది. 5 ట్రిలియన్‌ డాలర్ల ఆర్థిక వ్యవస్థగా ఆవిర్భవించే దిశగా భారత్‌ శరవేగంగా అడుగులు వేస్తోంది.  ఆర్‌ఐఎల్‌ చైర్మన్‌ ముకేశ్‌ అంబానీ

1,266 viewsAug 27, 2019, 02:55pm United States: Political Risks To Recession And Fed/Macro Policy  Mark Rosenberg Mark Rosenberg Contributor Markets I’m a political economist writing about geopolitical risk. Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. The Federal Reserve cut its key interest rate for the first time in a decade to try to counter threats ranging from uncertainties caused by President Donald Trump's trade wars to chronically low inflation and a dim global outlook. (AP Photo/Manuel Balce Ceneta) Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. The Federal Reserve cut its key interest rate for the first time in a decade to try to counter threats ranging from uncertainties caused by President Donald Trump's trade ...

Nirmala Sitharaman says all is well with economy, key announcements Reviving domestic and foreign investments was in the focus of Nirmala Sitharaman's press conference today. Sitharaman announced rollback of surcharge on super rich, and long and short term capital gains. ADVERTISEMENT India Today Web Desk New Delhi August 23, 2019UPDATED: August 23, 2019 21:04 IST Nirmala Sitharaman economic slowdown in India Union Finance Minister Nirmala Sitharaman on Friday dispelled concerns about slowdown in Indian economy. (Photo: PTI) HIGHLIGHTS The government has withdrawn surcharge on long and short term capital gains Notices from Income Tax department will be sent from a centralised system Government will spend Rs 100 lakh crore on modern infrastructure in next 5 years Union Finance Minister Nirmala Sitharaman today dismissed all talks about the economic slowdown. Sitharaman said India's economy is growing at a faster rate than any other major world economy. At a press c...

Report showing higher GDP growth during Manmohan era removed from govt website A report that showed higher GDP growth during the United Progressive Alliance's tenure in government has been removed from the Statistics and Programme Implementation ministry's website. ADVERTISEMENT Rahul Shrivastava New Delhi August 21, 2018UPDATED: August 22, 2018 15:32 IST Report showing higher GDP growth during Manmohan era removed from govt website The report said India grew at 10.8 per cent in 2006-07 -- when the UPA was in power -- if the new base year for GDP calculation was used as the benchmark. (Photo: Reuters) HIGHLIGHTS Report was published on July 25, was presented by govt-backed forum India grew at 10.8 per cent in 2006-07 if new base year used as benchmark: Report Back series calculation proved that best years of growth were 2004-2014: Chidambaram A report that showed higher GDP growth during the United Progressive Alliance's (UPA) tenure in government has been re...

'Gabbar Singh Tax, Rahul?' asks BJP after Manmohan Singh awards Jaitley-led GST Council Union Finance Minister Arun Jaitley accepted the Business Line "Change-maker of The Year Award" for the implementation of Goods and Services Tax (GST) Council from former prime minister Manmohan Singh on Friday. twitter-logo BusinessToday.In        Last Updated: March 16, 2019  | 16:48 IST 'Gabbar Singh Tax, Rahul?' asks BJP after Manmohan Singh awards Jaitley-led GST Council The Congress has repeatedly criticised the BJP for hastily implementing the tax regime in 2017 and thereby creating hardships for small businesses and ordinary citizens. WE RECOMMEND Slowdown Blues: Kiss of death for Indian auto industry as sales fall up to 40% in July Subhash Garg exit: PMO 'unaware' of implications of sovereign debt is a specious argument MORE FROM THE AUTHOR Motorola India launches Action One smartphone, priced at Rs 13,999 Arun Jaitley passes away: India Inc pays t...

Demonetisation anniversary: Manmohan Singh’s speech in Gujarat; read full text By:  FE Online  |  Published: November 7, 2017 7:46:14 PM Former prime minister Manmohan Singh on Tuesday slammed Narendra Modi government for implementation of demonetisation and the GST. Former prime minister Manmohan Singh on Tuesday slammed Narendra Modi government for implementation of demonetisation and the GST. (Source: ANI) Former prime minister Manmohan Singh on Tuesday slammed  Narendra Modi  government for implementation of demonetisation and the GST. Singh said that demonetisation was a “complete disaster” for the country’s economy and chided the Modi government for not having learnt “any lessons” from what he called the “monumental blunder.”  Singh, who was escalating the  Congress  offensive against Prime Minister Modi on the eve of the first anniversary of the ban of Rs 500 and Rs 1000 currency notes, also blasted the government over ...

Slowdown Blues: Auto companies in India cut more jobs, halt production to tackle slump Auto companies in India cut more jobs: Japanese carmaker Toyota Motor and South Korea's Hyundai Motor are the latest in a string of companies to halt production at plants to combat slumping sales. twitter-logo Reuters   New Delhi     Last Updated: August 22, 2019  | 20:00 IST Slowdown Blues: Auto companies in India cut more jobs, halt production to tackle slump Auto companies in India cut more jobs WE RECOMMEND Slowdown Blues: Kiss of death for Indian auto industry as sales fall up to 40% in July Subhash Garg exit: PMO 'unaware' of implications of sovereign debt is a specious argument MORE FROM THE AUTHOR Oyo to rebrand Hooters Casino Hotel in Las Vegas Govt proposes ban on e-cigarettes, up to 3-year jail, Rs 5 lakh fine for offenders With India's auto sales declining for the ninth straight month in July, more automotive manufacturers are laying off workers and ...

Slowdown Blues: Slump in Indian economy spreading to services sector Banks' credit data to some of services sectors such as tourism, hotel and restaurants, transport, computer software, shipping and commercial real estate is showing a declining trend twitter-logo Anand Adhikari   Mumbai     Last Updated: August 8, 2019  | 01:03 IST Slowdown Blues: Slump in Indian economy spreading to services sector WE RECOMMEND Slowdown Blues: Kiss of death for Indian auto industry as sales fall up to 40% in July Subhash Garg exit: PMO 'unaware' of implications of sovereign debt is a specious argument MORE FROM THE AUTHOR Will Nirmala Sitharaman's mid-term measures address the economic slowdown? Why your home, car loans are not getting cheaper despite RBI rate cuts The fastest growing services sector is now hitting speed breakers. This is what the bank credit data to the services sector indicates if one looks at last six-year numbers. The total bank credit to serv...

Aswani Mahajan takes dig at Niti Ayog vice-chairman Rajiv Kumar Source : Last Updated: Fri, Aug 23, 2019 19:32 hrs By Pragya Kaushika New Delhi [India], Aug 23 (ANI): RSS on Friday criticised Niti Ayog vice-chairman Rajiv Kumar's recent comments stating that the ongoing financial crisis in India was "unprecedented in last 70 years". Although Kumar backtracked from his statement, his remarks have not gone down well with those in and outside the government and other quarters. The Rashtriya Swayamsevak Sangh affiliate, Swadeshi Jagran Manch national co-convenor Ashwani Mahajan took a dig at Kumar and attributed his remarks to "too much reading of newspaper reports." "What I feel is that vice-chairperson of Niti Ayog has got influenced by newspaper reports. Take Parle-G case, it has been denied by the company. I hardly see any big slowdown situation that we should be worried about. The need to do something about the liquidity is primarily because of the...

"Unprecedented In 70 Years": NITI Aayog Vice Chairman On Liquidity Crisis বাংলায় পড়ুনதமிழில் படிக்க हिंदी में पढ़ें The comments from the top economist come at a time the country's economy is facing the worst pace of growth in nearly five years. Economy | Edited by Sandeep Singh | Updated: August 24, 2019 09:23 IST EMAIL PRINT 57 COMMENTS NITI Aayog Vice Chairman Rajiv Kumar said the government recognises the problem in the financial sector Describing the current economic downturn as an "unprecedented situation", NITI Aayog Vice Chairman Rajiv Kumar said, "From last 70 years (we) have not faced this sort of liquidity situation where the entire financial sector is in churn," news agency ANI reported. He also said the government "must do whatever it can to take away some of the apprehensions of the private sector". The comments from the top economist come at a time the country's economy is facing the worst pace of growth in nea...