Economy - general
Moody's downgrades China's credit rating to A1 from Aa3
24 May 2017
The downgrade, however, is unlikely to affect China’s economy that is flush with foreign money and still within investment grade, although officially it is seen to be raising borrowing costs for the Chinese government and its state-owned enterprises
UN revises downward India's GDP growth for 2017
17 May 2017
The UN World Economic Situation and Prospects mid-2017 report estimates India’s GDP to grow at 7.6 per cent during the year 2017 and at a slower-than-previously-estimated 7.7 per cent in 2018
Consumer price inflation eases to 2.99% in April
12 May 2017
India could become China 2.0, worries Beijing think-tank
12 May 2017
India's increasingly competitive economy may pose a challenge to China, which may become an "unfortunate bystander" watching India succeed, a Chinese think-tank has warned its leaders.
5 top judges of different faiths begin ‘triple talaq’ hearings
11 May 2017
India’s five most senior judges — all of different faiths — began hearings on Thursday to decide if triple talaq, the practice of Muslim men getting divorce by simply saying "talaq" three times, was fundamental to the religion
India’s economy to expand at 7.7% in 2018-19: IMF
09 May 2017
The IMF’s regional economic outlook report also calls on Asian economies to learn from Japan's experience and act early to cope with rapidly ageing populations, warning that parts of the region risk “getting old before becoming rich”
Rs1,35,500 cr black money left India in 2014 alone: watchdog
04 May 2017
Despite the report presenting a range of estimates for inflows and outflows for India, economists have termed both the lower and higher ends of the range as ‘conservative’, taking into account that it was difficult to trace all illegal transactions
Core sector output grows at a faster pace of 5% in March
02 May 2017
Production was boosted by robust growth in domestic steel sales – helped in large measure by import restrictions - and higher output of coal
GST to have twin rate structure for services
26 Apr 2017
Revenue secretary Hasmukh Adhia has dismissed fears that GST implementation will lead to a spurt in inflation as, unlike other countries with a single point tax system, in India there are multiple points of taxation
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