Sign of healthy economy: Credit growth reaches four year high
Bank credit has registered the highest growth in the last four years. Overall credit of commercial banks grew at the rate of 12.2 percent in the month of August on a ...
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China’s economy slows down to a 9 year low
The Chinese economy posted quarterly growth of 6.5 percent in September quarter. This is the lowest quarterly growth in the decade, the situation for China was never worse since global economic ...
Trade wars with US brings Chinese economy to a screeching halt
The signs of distress are clearly visible in Chinese economy. The investment in housing, railways, factories and other fixed assets are down despite economic stimulus announced by the government. Fixed assets ...
As Congress calls for a ‘Bharat Bandh’ let’s take a look at the cost of such exercise to the economy
India distanced itself from socialism two and half decades back for good. Although, the word ‘socialist state’ still remains in the constitution, India is by and large a market driven economy ...
Rural economy in good shape under the Modi government
The rural part of the country has long suffered a slow economic growth. The reasons were various including droughts and floods, negligence from government, sheer dependence on agriculture. After droughts in ...
From socialism and backroom deals to a rule-based capitalist economy, this is India’s journey under PM Modi
Ratan Tata, the ace industrialist and former chairman of the Tata Group has shown confidence in Prime Minister Modi, in an interview with columnist and author Suhel Seth. On being questioned ...
‘Indian economy is an elephant which has started to run’, says IMF
International Monetary Fund has lauded the Indian economy in its annual assessment. The head of IMF’s team for India Ranil Salgado said that 2.6 trillion economy is an elephant which has started ...
Indian Economy: 10 years of ‘Economist’ Manmohan vs 4 years of ‘Chaiwalla’ Modi
It has been more than four years of Modi government. The government came to power with the tall promises of ‘Sabka Sath, Sabka Vikas’. So it is important to do a ...
Services sector brings more good news for the Indian economy
The services sector contributes most to the Indian economy. If this sector is growing at a healthy pace this translates into good economic growth for the country. And the services sector ...
Cracks in Chinese economy emerge as banks and tech companies continue to lose billions
The Chinese economy is in shambles as investors pull money out from the ace companies of the country. Tencent Holdings Limited, the Chinese internet giant which operates in social network, music, ...
Rising number of Merger and Acquisition operations sign of healthy economy, will benefit the consumers
India has almost 17 lakh companies with a heavy concentration in states like Maharashtra, Delhi, and West Bengal. Most of these companies are in Micro Small and Medium Enterprises (MSME) sector. ...
Arun Jaitley says India would be fifth largest economy by the end of 2018
Arun Jaitley is confident that India would become the fifth largest economy in the world by the end of this year pushing United Kingdom at sixth place. The growing economy would ...
