Once 'fragile' India gets thumbs up even as rates set to fall
India no longer resembles the "Fragile Five" country of 2013, when the RBI was forced to raise rates by 75 basis points to arrest foreign investment outflows.
Jul 28, 2017, 09:10 AM IST
India likely to clock GDP growth of 6.9% this fiscal
Indian economy is expected to recover in the coming quarters and the country is expected to clock a real GDP growth of 6.9 percent in this financial year, says a report.
Jul 06, 2017, 12:55 PM IST
India's services sector growth rises to 8-month high in June
Services sector activity in India rose to an eight-month high of 53.1 in June, driven by a sharp jump in new work orders, suggesting an economic rebound going forward.
Jul 05, 2017, 11:44 AM IST
Revision in WPI, IIP base year will raise 2016-17 GDP by 0.50%
CSO had predicted a growth rate of 7.1 percent for 2016-17, in which the October-December quarter was predominantly marked by the demonetisation.
May 30, 2017, 11:51 AM IST
India's GDP growth to rise to 7.9% by December 2017
The Indian economy is entering a "productive growth phase" and real GDP growth is likely to rise to 7.9 per cent by December driven by favourable external demand, improving corporate balance sheets and private capex recovery, says a report.
May 16, 2017, 11:45 AM IST
India will clock over 7.5% growth in 2017-18: Finance Secy Ashok Lavasa
India can clock a GDP growth of over 7.5 percent in the fiscal 2017-18 and the country's macro-economic fundamentals, including fiscal deficit and inflation, are all "very sound", according to Finance Secretary Ashok Lavasa.
May 12, 2017, 12:18 PM IST
Rating agencies far from India's ground realities: Das
Upset over not getting a rating upgrade, India has lashed out at global rating agencies saying they are far detached from ground realities and must introspect as the reforms initiated certainly warranted an upgrade.
May 06, 2017, 13:34 PM IST
India in advanced stages of formulating defence manufacturing policy: FM Jaitley
The government has pledged to spend $250 billion by 2025 on weapons and military equipment.
Apr 28, 2017, 12:52 PM IST
Q3 GDP data surprising; Indian economy to grow by 7.1% in current fiscal: Fitch
Indian economy will grow by 7.1 percent in current fiscal, 7.7 percent in 2017-18, rating agency Fitch said on Tuesday.
Mar 07, 2017, 10:29 AM IST
Government sees FY17 per capita income rising 10% to Rs 1,03,818
India's per capita net national income is expected to rise 10.2 percent to Rs. 1,03,818 in the current fiscal, government data showed today.
Feb 28, 2017, 21:16 PM IST
India Inc pitches for reforms as economy grows 7% in Q3
With the GDP growing by 7 percent in the third quarter, India Inc said the economy is getting back on track yet reforms are needed to revive investments and push demand hit by note ban.
Feb 28, 2017, 20:25 PM IST
Infrastructure output: Eight core industries growth slows to 3.4% in January
The combined Index of 8 core industries, that is, coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity -- stands at 191.8 in January, 2017, which was 3.4 % higher compared to the index of January, 2016. Its cumulative growth during April to January, 2016-17 was 4.8 %.
Feb 28, 2017, 17:31 PM IST
OECD cuts India growth to 7%, says India a star performer
India`s rapid economic growth has lifted 140 million people out of poverty in the past decade but large parts of the population still lack access to elecricity and toilets, the OECD said in a report Tuesday.
Feb 28, 2017, 11:47 AM IST
Q3 GDP estimate to factor in effect of demonetisation
The Central Statistics Office(CSO) on Tuesday, will unveil the revised advance estimate of India GDP growth in 2016017. In the wake of the cash ban, a number of think-tanks and experts have lowered their projections of GDP growth for FY17 to even below 7.1 percent.
Feb 27, 2017, 18:33 PM IST
GDP growth to slow to 5.7% in Jan-Mar 2017: Nomura
India's economic growth is likely to remain muted in the first quarter of this calender year with the GDP likely to grow at 5.7 percent in the January-March period amid subdued activity, says a report.
Feb 13, 2017, 15:33 PM IST
About 2.83 lakh estimated central government jobs by 2018
Nearly 2.83 lakh central government jobs are estimated to be generated by next year.
Feb 12, 2017, 11:52 AM IST
Forex reserves up $1.58 bn to $363.146 bn
India's foreign exchange reserves rose by USD 1.588 billion to USD 363.146 billion in the week to February 3 on a jump in core currency holdings and value of gold reserves, the Reserve Bank said.
Feb 10, 2017, 18:38 PM IST
Indian economy projected to overtake US by 2040
The global economic order is expected to shift from advanced to emerging economies over the next few decades, and by 2040 India could edge past the US to become the world's second largest economy in purchasing power parity (PPP) terms, says a report.
Feb 07, 2017, 14:53 PM IST
Economy to grow more than 7% next fiscal: Das
Stepping up the growth pitch, Economic Affairs Secretary Shaktikanta Das today expressed confidence that the economy will grow upwards of 7 per cent next fiscal.
Feb 04, 2017, 13:07 PM IST
Economy to grow more than 7% next fiscal: Shaktikanta Das
Stepping up the growth pitch, Economic Affairs Secretary Shaktikanta Das today expressed confidence that the economy will grow upwards of 7 per cent next fiscal.
Feb 04, 2017, 13:07 PM IST
