Russia cuts oil output in April, sources sayRussian oil output saw a significant drop in April. Ukrainian drone attacks on key ports and refineries forced Russia to cut production. Th...
21 Apr, 2026, 05.27 PM IST
Better growth in coalition governments: Former RBI governor YV ReddySince economic liberalisation, beginning 1991 under the premiership of Narasimha Rao, India’s GDP growth rate was the highest in fiscal 200...
29 Sep, 2017, 12.47 AM IST
25 years on, Manmohan Singh on rupee, reforms and resolutionThe former prime minister flagged India’s tendency to react to situations once they appear as a crisis as the hurdle in carrying out reform...
02 Jul, 2016, 03.02 PM IST
Impact of government measures to be evident over the next few years: Nikhil Vora, IDFC SecuritiesThere are a lot of measures that the government has taken in the last year and their quantum of benefit will eventually come about.
24 Sep, 2013, 03.26 PM IST
Current economic situation worse than 1991 crisis: Chandrababu NaiduTDP president Chandrababu Naidu today alleged that India's current economic situation is worse than the crisis it faced in 1991.
20 Aug, 2013, 06.07 PM IST
Economic woes not comparable to 1991 crisis: Kaushik Basu, World Bank chiefIndia's economic problems cannot be compared to the country's 1991 balance-of-payments crisis, Basu said.
19 Aug, 2013, 02.55 PM IST
Opposition parties attack PM on economic situationOppn parties attacked PM Singh over handling of the economy and demanded a change in policy direction as they warned that the situation cou...
17 Aug, 2013, 08.36 PM IST
CPI(M) flays UPA coalition for country's financial situation"If this rate (of fall in the Rupee value) continues, the Rupee will soon touch Rs 80 per US dollar," Sitaram Yechury said.
17 Aug, 2013, 03.32 PM IST
CPI(M) blames high current account deficit for falling rupeeThe volatility in rupee value was "bound to happen" due to a very high current account deficit, the CPI(M) said.
16 Aug, 2013, 05.35 PM IST
Current account deficit unsustainable at 5% of GDP: RBI chief D Subbarao"We are unlikely to have a BoP crisis like the one we had in 1991", he noted, adding large CAD, fiscal deficit are no doubt concerns.
06 Apr, 2013, 10.33 PM IST
Rain shortfall cause for worry: D SubbaraoDeficiency of rainfall is a cause for worry as it might put pressure on some commodities, RBI Governor D Subbarao said here on Monday.
14 Aug, 2012, 02.33 AM IST
RBI keeps CRR unchanged at 4.75%. no cut in repo rateRBI said that while growth has moderated, inflation remains above comfort levels. The bank said that factors other than interest rates were...
18 Jun, 2012, 12.32 PM IST
- RBI rules out 1991-type crisis in 2012
Ruling out a repeat of 1991 crisis situation in 2012, RBI Governor said the current economic situation is different from what it was 2 deca...
14 Jun, 2012, 11.01 PM IST
- Rupee fall will not last long: Prime Minister Manmohan Singh
Prime Minister Manmohan Singh on Tuesday said the fall of rupee is a matter of concern but was confident it will not last very long.
30 May, 2012, 05.50 AM IST
- Rupee fall will not last very long: PM
The fall of rupee is taking place against the backdrop of global economic problems and the Euro zone debt crisis.
29 May, 2012, 10.02 PM IST
Does the Indian economy have a 1991 crisis feel?The steep fall in the rupee, a CAD at 4% of GDP, stalled reforms, weak political leadership, and a limping global economy to boot, no wonde...
27 May, 2012, 06.42 AM IST
Signals 'disturbing', but not 1991-type situation now: RBIReserve Bank Governor D Subbarao has said that rising fiscal deficit and short-term debt levels are "quite disturbing" but the nation is no...
15 Apr, 2012, 04.34 PM IST