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India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

World Bank slashes India's growth forecast to 6 per cent for this...

Asia's third-largest economy is currently growing at its slowest pace in 6 years, expanding by just 5 pc in the...

14 Oct 2019 9:15 AM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

World Bank cuts India's growth rate projection to 6 per cent

According to the World Bank, poverty has continued to decline, albeit possibly at a slower pace than earlier.

13 Oct 2019 10:45 AM IST

Manufacturing sector contracted by 0.4 per cent in November as against a growth of 10.4 per cent a year ago. (Representational image)

Industrial production slips by 1.1 per cent in August

Manufacturing sector contributes over 77 per cent to the IIP, showed a decline of 1.2 per cent in output during August...

12 Oct 2019 1:04 PM IST

HDFC Bank managing director Aditya Puri

Growth will improve by January but no 'runaway boom': Aditya Puri

A few companies, especially with exposure to the realty space, may face problems in the future, said HDFC's Aditya Puri.

6 Oct 2019 6:26 PM IST

Sab changa si?': Mehbooba Mufti tweets dig at Centre's development...

Mufti posted her tweet a day after Union Home Minister Amit Shah said J&K would lead country in terms of development...

4 Oct 2019 1:57 PM IST

Reserve Bank of India (RBI)

RBI cuts repo rate by 0.25 per cent to support growth

The repo rate has been brought down to 5.15 per cent to help reduce borrowing costs for home and auto loans.

4 Oct 2019 12:08 PM IST

Tech majors Tata Consultancy Services and Infosys Technologies will jointly open the fourth and final quarter of the financial year 2018-19 on April 12.

India's services sector activity contracts in Sep on weak demand: PMI

The IHS Markit India Services Business Activity Index fell to 48.7 in September from 52.4 in August.

4 Oct 2019 11:54 AM IST

Niti Aayog CEO Amitabh Kant

Many more structural reforms in offing to propel growth: Kant

I think many more structural reforms are in the offing. The government has pushed for disinvestment, said the Niti Aayog...

3 Oct 2019 3:43 PM IST

China warned on Tuesday it would never accept any form of blackmail after US president Donald Trump said his decision to withdraw from a nuclear pact with Russia was also linked to Beijings arsenal.(Photo: Representational | AFP)

Singapore Deputy PM warns of greater economic uncertainty due to US...

He asserted that monetary and fiscal policies can 'stabilise' the global economy but structural policies need to be...

3 Oct 2019 12:11 PM IST

The NDA/BJP government is looking increasingly cornered on every governance paradigm. However, its weakest link is the gross mismanagement of the Indian economy. (Representational image)

Favourable conditions exist to achieve USD 5 trillion economy target:...

The WEF would further give government ideas in order to get moving forward.

3 Oct 2019 11:26 AM IST

Former Prime Minister Manmohan Singh (Photo: Twitter/ ANI)

Precarious economy mirror of worried society, says Manmohan Singh

The former Prime Minister asserted that mere changes in economic policy alone will not help revive the economy.

30 Nov 2019 2:08 AM IST

Fiscal deficit for the financial year 2016-17 is budgeted at 3.5 per cent.

Fiscal deficit hits 102 per cent of Budget estimate till Oct

The government has pegged its total expenditure for 2019-20 at Rs 27.86 lakh crore.

29 Nov 2019 7:41 PM IST