Indian Economy: News and Discussion

[sesha_maruthi27]

Just wait for some recovery of the National treasury and give MODI JI one year time. Then see what happens........

Already the markets are in a song, just wait for some money in our treasury and let us first safeguard ourselves, such that any market letdown will not affect the Indian economy and then open the doors and hands for more FDI.......

 

[Free Karma]

[tweet]506658315695181826[/tweet]

 

[cobra commando]

PM Modi's 100 days: India is now the world's best growth market bet, says rating firm Maplecroft - The Economic Times

 

[cobra commando]

Modi Effect? India Likely to Break into $2 Trillion Club - NDTVProfit.com

 

[NSG_Blackcats]

Net FDI inflows on track to top $30 billion this fiscal: Nomura

• Net FDI into India rose sharply to USD 11.5 billion in the first four months of FY15 (April-July) from USD 8.4 billion over the same period in FY14.
• During April-June in this fiscal, the foreign inflows recorded a growth of 34 per cent. FDI was at USD 7.23 billion in April-June, 2014-15 compared to USD 5.39 billion in April- June 2013-14.

 

[cobra commando]

FDI more than doubles to $ 3.5 billion in July

NEW DELHI: Foreign direct investment (FDI) flows into India more than doubled to $ 3.5 billion in July, according to data released by the of Department of Industrial Policy and Promotion today. In July 2013, the country had received FDI worth $ 1.65 billion. During April-July this fiscal, the foreign inflows grew by 52 per cent to $ 10.73 billion as compared to $ 7.05 billion in the same period last year. Amongst the top 10 sectors, telecommunications received the maximum FDI at USD 2.33 billion followed by services ($ 1 billion), pharmaceuticals ($ 886 million) and construction ($ 430 million) during the first-four months of the fiscal. During the period, India received maximum FDI from Mauritius at $ 3.38 billion, followed by Singapore ($ 1.66 billion), Netherlands ($ 1.49 billion), Japan ($ 834 million), UK ($ 824 million) and the US ($ 351 million). In 2013-14, the FDI inflows in India were $ 24.29 billion against $ 22.42 billion in 2012-13. India requires around $ 1 trillion in the next five years to overhaul its infrastructure sector, including ports, airports and highways to boost growth. The government is taking more steps to boost FDI in the country. It has raised the foreign investment limit to 49 per cent in defence manufacturing and relaxed the policy in construction sector. The government has also proposed to increase the FDI cap in insurance to 49 per cent.
FDI more than doubles to $ 3.5 billion in July - The Economic Times

 

[cobra commando]

India’s growth may surpass China’s by 2016: report - Livemint

 

[anupamsurey]

India's growth may surpass China's by 2016: report - Livemint

too much expectations but i dont think that it is possible even if we assume that the current chineese growth rates remain constant.

 

[NSG_Blackcats]

India to top global remittances with $71 billion this year

India will retain its top spot with USD 71 billion in remittances this year as remittances to developing countries are expected to reach USD 435 billion, an increase of five per cent over 2013, the World Bank has said.

In its latest issue of the Migration and Development Brief, the World Bank said yesterday India, with the world's largest emigrant stock of 14 million people, will remain in the top spot this year, attracting about USD 71 billion in remittances.

 

[cobra commando]

India poised to be a $2 trillion economy - Livemint

 

[Free Karma]

September WPI inflation hits near five-year low of 2.38% - TOI Mobile | The Times of India Mobile Site

 

[Free Karma]

Modi govt names Arvind Subramanian chief economic advisor

The Modi Government has named Arvind Subramanian, the Dennis Weatherstone Senior Fellow at the Peterson Institute for International Economics and senior fellow at the Centre for Global Development as its Chief Economic Advisor. The CEA's post has been vacant since last September after Dr. Raghuram Rajan took over as RBI governor

 

[Free Karma]

[tweet]524121679178375169[/tweet]

It seems some big announcements are going to be made soon, ahead of fridays cabinet reshuffle.

 

[thethinker]

India 2nd fastest growing air cargo market after Middle East: IATA - The Economic Times

India 2nd fastest growing air cargo market after Middle East: IATA

NEW DELHI: India has emerged as the second fastest growing air cargo market after the Middle East and is expected to grow at a compound annual rate of about seven per cent over the next five years, an IATA forecast said today.

India would also be among the ten largest international freight markets by 2018 led by the United States supplying 10,054,000 tonnes and China with 5,639,000 tonnes, the International Air Transport Association's (IATA) Industry Forecast 2014-2018 shows.

It estimated that "the second fastest-growing market, India, will experience a compound annual growth rate ( CAGR) of 6.8 per cent to add 622,000 extra tonnes."

Apart from the US and China, the remaining eight largest international freight markets would be the UAE (4,974,000 tonnes), Germany (4,763,000), Hong Kong (4,648,000), Republic of Korea (3,487,000), Japan (3,480,000), the United Kingdom (2,808,000), Chinese Taipei (2,350,000) and India (2,223,000).

 

[cobra commando]

Economic growth pace to pick up as reforms draw investment: Poll - The Economic Times

 

[cobra commando]

India off Fragile Five list: IMF - The Hindu

 

[cobra commando]

Moody's: Modi government's recent measures to harness India's economic advantages - The Economic Times

 

[cobra commando]

Modest expansion in manufacturing PMI in October: HSBC - The Economic Times

 

[cobra commando]

Investors express faith in Modi's govt to undertake reforms required to revive growth - The Economic Times

 

[cobra commando]

Perception about India has changed; confidence has gone up: Gita Gopinath, Harvard University - The Economic Times