economy

19 Results

  • Pranab Mukherjee

    PM effective communicator, gave new direction to economy: President Mukherjee

    Prime Minister Narendra Modi is one of the most effective communicators and has given new direction to India's economy, President Pranab Mukherjee said on Friday. Addressing a book release event on the third anniversary of NDA government, he said Modi has taken various initiatives and some of his decisions have been epoch making ones. "No doubt in the contemporary period, Prime Minister Narendra Modi is one of the most effective communicators and perhaps can be compared with other

    India | May 26, 2017
  • PM Modi

    PM should come out with white paper on economy: Congress

    Ahead of the NDA government's third anniversary, the Congress on Thursday demanded that Prime Minister Narendra Modi comes out with a white paper on the state of the economy and makes public the GDP numbers as per old formula besides details of those given jobs in last three years. AICC senior spokesperson Anand Sharma hit out at the government for its "publicity spree" over the "MODI Fest", alleging that the BJP was opening the vaults of the treasury to

    India | May 25, 2017
  • Narendra Modi, Madhya Pradesh, Narmada, Narmada Seva Yatra

    Rejuvenation of rivers can boost economy,says PM Modi

    Prime Minister Narendra Modi on Monday said India's economy is based on its rivers and it is because of the river Narmada that Madhya Pradesh has been able to achieve agricultural prosperity. "Narmada has the power to change farmers' lives. We say water is life and river is our mother. Our economy is dependent on rivers and will collapse without them. We have used Narmada haphazardly. So now, we have to make efforts to save it," he said while addressing the

    India | May 15, 2017
  • India, economy, China

    Indian economy poses major challenges: Chinese think tank

    India's competitive economy may pose a challenge to China which may become an "unfortunate bystander" watching India succeed if it didn't develop a more effective growth strategy, a Chinese think-tank has warned. The Beijing-based think tank Anbound also said that India could well become the next China because of low labour cost, young population and other factors. It pointed out that not enough studies were conducted on India and Beijing "cannot wait until India grows into an apparently promising competitor before discussing

    World | May 11, 2017
  • China GDP

    China's GDP drops amid transition to consumption-based economy

    China's GDP continues to decelerate, with a growth forecast of 6.6 per cent for 2017, as it transitions from an export and investment based economy to one based on domestic consumption, the International Monetary Fund (IMF) said on Tuesday. In its latest report on the Asia-Pacific, the IMF said that despite its own growth slowing amid economic transition, China continues to drive global growth, Efe news reported. According to the IMF data, China's GDP grew by 7.3 per

    Business | May 9, 2017
  • H1-B visa

    'H1-B visa reforms pose challenges but to benefit Indian economy'

    The H1-B visa reforms pose a challenge to Indian companies but it will help the country's economy in a direct way, according to Meera Shankar, former Indian ambassador to the US. During a panel discussion on '100 days of Trump's Presidency and India-US relations', Shankar said on May 3 that there was no new policy in relation with H1-B visa and the US intended to enforce it in "stricter" way to ensure it is used for "specialty occupations and

    Business | May 5, 2017
  • Meera Shankar, former Indian ambassador to the US.

    H1-B visa reforms pose challenges but to benefit Indian economy: Former ambassador

    The H1-B visa reforms pose a challenge to Indian companies but it will help the country's economy in a direct way, according to Meera Shankar, former Indian ambassador to the US. During a panel discussion on '100 days of Trump's Presidency and India- US relations', Shankar said on Wednesday that there was no new policy in relation with H1-B visa and the US intended to enforce it in "stricter" way to ensure it is used for "specialty occupations and not low-end

    India | May 4, 2017
  • Tax, Tax compliance, Digital economy

    'Tax compliance a must while pushing digital economy'

    Law and IT Minister Ravi Shankar Prasad on Friday called on tax practitioners and administrators to keep tax compliance in mind as India's digital economy expands. "We are creating a big ecosystem of digital economy. Indian digital economy is going to become a $1 trillion economy in the coming five years," Prasad said while speaking at a conference on tax system. The digital economy includes communications services, IT and IT-enabled services, e-commerce, manufacturing and digital payments.

    Business | April 28, 2017
  • UK Economy, GDP, Growth

    UK economy grows by only 0.3%

    The UK economy grew by just 0.3 per cent at the start of this year, the slowest growth rate since the first three months of 2016, according to official figures released on Friday. The Office for National Statistics (ONS) said that the slower pace in the January-March period was mainly due to the service sector, which also grew by 0.3 per cent against 0.8 per cent at the end of 2016, the BBC reported. In the last quarter

    Business | April 28, 2017
  • Donald Trump, US Economy, Executive orders

    Trump signs executive orders to revive US economy

    President Donald Trump has signed a series of executive orders, including on tax simplification, aimed at reviving the economy and bring jobs back to the US, fast tracking the implementation of his election promises before the first 100 days in office. Key among the three executive orders was a six-month review of certain provisions of the Dodd-Frank law, a measure passed by predecessor Barack Obama in the wake of the 2008 global financial crisis which Wall Street believed had

    Business | April 22, 2017

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