Fiscal deficit touches 115% of FY target during April- November
The fiscal deficit, or gap between expenditure and revenue, stood at Rs 7.16 lakh crore during April-November of the current financial year, reflecting deterioration in public finances.
Dec 28, 2018, 13:04 PM IST
RBI limits total outstanding ECBs to 6.5% of GDP
Based on the gross domestic product (GDP) figures at March-end 2018, the soft limit works out to USD 160 billion for the current financial year, the RBI said.
Dec 21, 2018, 12:02 PM IST
Niti Aayog Vice-Chairman accepts Chidambaram's 'challenge' on revised GDP data
The CSO Wednesday released back-series data with 2011-12 as base year.
Nov 29, 2018, 17:53 PM IST
Fitch keeps India rating unchanged at 'BBB-' with a stable outlook
The rating was assigned to the country 12 years ago.
Nov 15, 2018, 17:48 PM IST
India's economy continues on robust growth path: ADB
Growth remains stable across most of developing Asia due to robust domestic demand, buoyant oil and gas prices and a consolidation of India's growth rebound, it said.
Sep 26, 2018, 18:34 PM IST
Govt determined to contain fiscal deficit at 3.3%
The government has targeted 3.3 percent fiscal deficit for the current financial year ending March 2019.
Sep 13, 2018, 11:23 AM IST
India's CAD is expected to widen to 2.8% of GDP this fiscal: Report
With rising oil prices, depreciating rupee and outflow of portfolio investments, there are concerns that CAD might rise in the current fiscal.
Aug 20, 2018, 11:44 AM IST
UPA was 'reckless', gave up economic strength of Vajpayee years: Arun Jaitley
Jaitley argued that the UPA government had little to nothing to do with why India saw economic growth during its tenure.
Aug 19, 2018, 20:18 PM IST
India's growth story intact despite challenges: Ficci
It termed the slowing down of the industrial output in May to 3.2% and the inching up of the retail inflation in June to 5% as short-term challenges.
Jul 19, 2018, 15:24 PM IST
India fastest growing economy in Asia; on track to meet FY18 target: ADB
ADO published in April had said that India's economic growth will rise to 7.3 percent this fiscal and further to 7.6 percent in the next financial year
Jul 19, 2018, 09:29 AM IST
India's growth remains quite robust into future: IMF
IMF had earlier forecast a growth rate of 7.3 percent in 2018 and 7.5 percent in 2019 for India.
Jul 18, 2018, 11:12 AM IST
Economy set for a surge, India to double the size of GDP to $5 trillion: President Kovind
By 2025, India is expected to double the size of the GDP to USD 5 trillion, said Ram Nath Kovind.
Jul 01, 2018, 18:09 PM IST
India's April-May fiscal deficit at 55.3% of full year's target
The data furnished by the Comptroller General of Accounts (CGA) showed that fiscal deficit during the like period of the previous fiscal had stood at 68.3 per cent.
Jun 29, 2018, 18:24 PM IST
Higher crude, interest rate may cap GDP at 7.5%: Nomura
The rate hike by RBI and the the oil prices raise concerns over the sustainability of what was termed as a "cyclical, broad-based recovery", Nomura's chief India economist Sonal Varma said.
Jun 15, 2018, 15:52 PM IST
India's growth to accelerate to 7.3% in FY19, says Fitch
Fitch, had last month kept India's sovereign rating unchanged for the 12th year in a row.
May 11, 2018, 18:09 PM IST
India's economy likely to grow at 7.3% this fiscal: Report
BMI Research has a mixed growth outlook for South Asia in 2018.
May 02, 2018, 17:53 PM IST
India's manufacturing sector growth rises marginally in April
The Nikkei India Manufacturing Purchasing Managers Index (PMI), rose from 51.0 in March to 51.6 in April, indicating faster improvement in the health of the country's manufacturing economy than in the prior month.
May 02, 2018, 11:40 AM IST
India's manufacturing sector growth falls to 5-month low in March
On the employment front, firms reduced their payroll numbers for the first time in eight months, albeit at a fractional pace.
Apr 03, 2018, 12:06 PM IST
India Q3 current account deficit widens to $13.5 bn
Current Account Deficit rose at 2.0% of GDP in Q3 FY 2018.
Mar 16, 2018, 18:51 PM IST
Indian economy to recover gradually to 7.1% in FY2019
The growth rose to a five-quarter high of 7.2 percent in the October-December period.
Mar 07, 2018, 06:22 AM IST
