Tag Archives: Economy

Survey Shows Economy Faces Downside Risks: India Inc

New Delhi: The Economic Survey shows India’s economy faces downside risks in the backdrop of a global slowdown and the government needs to take steps to boost rural demand and improve ease of doing business while initiating bold reforms like the GST (Goods and Services Tax), industry experts said on Friday. “Although the economy is on an upswing, it faces ... Read More »

Soon, Cars May Have Fuel Economy Rating

Carmakers from April 1 may have to affix a label mentioning the fuel economy star rating which will help buyers choose vehicles on the basis of efficiency benchmark. Also, the government plans to make it mandatory for manufacturers and importers of cars to comply with average fuel consumption standards from April 1, 2017 in addition to display of fuel economy ... Read More »

Economy Growing at Over 7% Despite Weak Exports: Commerce Minister

Bengaluru: Indian economy is growing at over 7 per cent despite weakness in the exports sector, Commerce and Industries Minister Nirmala Sitharaman said on Tuesday. “India is the bright spot. Nobody is denying the (fall in) exports. Export is suffering, but the fact remains that the Indian economy is growing at over 7 per cent,” she told reporters after delivering ... Read More »

Economy Growing at Over 7% Despite Weak Exports: Commerce Minister

Commerce Minister Nirmala Sitharaman said that the brighter side of the economy lies in the fact that it continues to attract investments. Bengaluru: Indian economy is growing at over 7 per cent despite weakness in the exports sector, Commerce and Industries Minister Nirmala Sitharaman said on Tuesday. “India is the bright spot. Nobody is denying the (fall in) exports. Export ... Read More »