• Jun
    24
    By Prabhudatta Mishra & Nirbhay Kumar

    Amidst concerns over the fallout of Brexit on India’s bilateral trade and investment, the government on Friday said the country’s macro-economic fundamentals were sound and had “solid firewalls” in terms

  • By PTI

    Seeking to allay concerns over Brexit impact on India, the government on Friday said the economy has enough "firepower" to deal with the situation, even as stocks and the rupee took a massive plunge.

  • By PTI

    Making a strong pitch for Chinese investments in India's expanding infrastructure sector, finance minister Arun Jaitley on Friday said India will be the only economy in the world which is poised to grow at 7.5 to 8 per cent in an "unsupportive global environment".

  • By PTI

    Finance minister Arun Jaitley on Friday said India is well prepared to deal with short and medium term consequences of Britain exiting the European Union and has solid immediate and medium-term firewalls in form of healthy forex reserves.

  • By Reuters

    Britain has voted to leave the European Union, forcing the resignation of prime minister David Cameron and dealing the biggest blow to the European project of greater unity since world war two. Global financial markets plunged as results from Thursday's referendum showed a near 52-48 per cent split for leaving.

  • By FC Bureau

    The Reserve Bank of India has warned that significant and excess capacity and corporate distress seems to be deterring private investments.

  • Jun
    23
    By PTI

    The "extra push" given to the textiles industry through an incentive package will help create more jobs and push exports, commerce and industry minister Nirmala Sitharaman said on Thursday.

  • After defending his monetary policy stance against inflation, Reserve Bank of India (RBI) governor Raghuram Rajan on Monday said the slowdown in credit growth has been largely because of stress

  • Jun
    22
    By PTI

    Taking on critics of his monetary policy, Reserve Bank governor Raghuram Rajan on Wednesday blamed the record low credit growth to the stress in public sector banks and not due

  • By PTI

    The Union Cabinet on Wednesday approved the mega-spectrum auction plan which is estimated to fetch about Rs 5.66 lakh crore to the exchequer. “Yes, spectrum auction proposal has been cleared,” an official source said.