Economy and Business

India-Australia free trade agreement soon?

 

The long-pending free trade agreement with Australia is expected to be cleared with Indian Commerce and Industry Minister Suresh Prabhu's visit to the country on June 26. The two coutries are also expected to discuss ways to promote investments.

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India to again become world's fastest-growing economy

The World Bank is estimating India's economy to grow by 6.7 percent during the current fiscal year, higher than the 6.5 percent estimate by the Indian government. The Gross Domestic Product (GDP) growth is expected to rise to 7.3 percent in 2018-19 making India again the world's fastest going economy, according to the World Bank's Global Economic Prospects report released on Tuesday.

GST impact to slowdown India's 2017-18 GDP growth to 6.5%

Implementation of GST and subsequent slowdown in the manufacturing sector is expected to drag down India's growth to 6.5 per cent in 2017-18, official data showed on Friday, even as industry analysts projected economic growth to be higher due to a favourable base effect.

India to “leapfrog” Britain, France to become world's 5th largest economy

India will “leapfrog” Britain and France to become the world’s fifth largest economy next year ahead of an oncoming major global economic shift towards Asia, according to a British research organisation.

NPAs a drag on Indian economy: IMF

The International Monetary Fund (IMF) has cautioned that the high volume of nonperforming assets (NPA) and the slow pace of mending corporate balance sheets are holding back investment and growth in India even though structural reforms have helped the nation record strong growth.

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Three new projects in U.S.-India State and Urban Initiative

The U.S.-India State and Urban Initiative, led by the CSIS Wadhwani Chair in U.S.-India Policy Studies and the CSIS Energy and National Security Program, has announced three new projects with the state government of Maharashtra

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India-Australia free trade agreement soon?

 

The long-pending free trade agreement with Australia is expected to be cleared with Indian Commerce and Industry Minister Suresh Prabhu's visit to the country on June 26. T...

Read more...