India Economy Breaking: Big news on India's economy
India Economy Breaking: Big news is coming on India's economy. The economic growth rate from October to December 2023 has been 8.5 percent.
Feb 29, 2024, 19:22 PM IST
IMF projects impressive 11.5 per cent growth rate for India in 2021, China to grow by 8.1 per cent
The IMF's growth projections for India in its latest World Economic Outlook Update released on Tuesday reflected a strong rebound in the economy, which is estimated to have contracted by eight per cent in 2020 due to the pandemic. In its latest update, the IMF projected 11.5 per cent growth rate for India in 2021. This makes India the only major economy of the world to register double-digit growth in 2021, it said. China is next with 8.1 per cent growth in 2021 followed by Spain (5.9 per cent) and France (5.5 per cent).
Jan 27, 2021, 07:33 AM IST
IMF suggests 3 steps to India to sustain high growth rate
The IMF Board is tentatively scheduled to meet on July 18 for its annual meeting on India.
Jun 29, 2018, 13:43 PM IST
Economy to double to $5 trillion by 2025; no risk to inflation target: Finmin
India's GDP in value terms currently stands at USD 2.5 trillion -- making it the sixth largest economy in the world.
Mar 26, 2018, 15:20 PM IST
One GST rate won't work in 'tax non-compliant' India: Arun Jaitley
He said that the reason behind India starting off with multiple rates under was that the country had 17 taxes and 23 cesses, which were all amalgamated into the GST.
Feb 27, 2018, 19:34 PM IST
India's growth rate to accelerate to 7.2% in 2018, 7.4% in 2019: UN
India's fiscal deficit has declined visibly, and it is expected to narrow further to 3.2 per cent of GDP in 2018.
Dec 12, 2017, 06:52 AM IST
Indian economy likely to grow by 7.2% in 2018, 7.4% in 2019: UN
The UN growth projections for China is 6.5 percent next year and 6.3 percent in 2019.
Dec 12, 2017, 06:22 AM IST
India has standardised itself for a 7-8% growth rate: Arun Jaitley
Jaitley said that India will need Rs 50 lakh crore investment in next 5 years.
Nov 30, 2017, 12:38 PM IST
India may become third-largest economy in next 10 years: HSBC
According to the global financial services major, although reforms over the past year have caused disruptions that will likely mean lower growth rates in the near term, they should allow India to unleash more of its undoubted potential over the medium term.
Sep 29, 2017, 12:26 PM IST
Subramanian Swamy tweets on US report regarding India's growth
The US State Department in a report said that India's 7.5 percent growth rate may be "overstated".
Jul 07, 2016, 14:45 PM IST
GDP growth rate of 7.6% continues for FY17
GDP growth rate of 7.6% continues for FY17.
Jun 07, 2016, 17:04 PM IST
India to grow at 7.5% in 2016, 2017: Moody's
New Delhi: Forecasting Indian economy to grow 7.5 percent in the current and next year, Moody's Investors Service today said the expansion is primarily driven by rising consumption and sustained improvement in private investment was needed to maintain the momentum.
May 19, 2016, 15:00 PM IST
Moody's reports India growth rate to be 7.5% in 2016
Moody's reports India growth rate to be 7.5% in 2016.
May 19, 2016, 14:36 PM IST
Lower agricultural output, poor rains spoil Modi govt's dream of over 8% growth
Govt has lowered the economic growth forecast for the current fiscal to 7-7.5 percent from previously projected 8.1-8.5 percent.
Dec 18, 2015, 12:51 PM IST
India aspires to grow much faster: Jaitley
Aspirational India is not satisfied with the current growth rate which is way below the country's potential, Finance Minister Arun Jaitley said on Tuesday.
Oct 27, 2015, 16:57 PM IST
IMF lowers India growth rate due to external environment
India's growth rate has been marginally lowered from the previous 7.5 per cent to 7.3 per cent this year due to a difficult external environment, the International Monetary Fund (IMF) has said.
Oct 08, 2015, 02:11 AM IST
Arun Jaitley says 8-10% growth achievable, tax revenues growing
He also said monsoons are progressing well and there are expectations that "rain gods will be kinder" this year, which would result in higher production of pulses and other items.
Jul 12, 2015, 15:57 PM IST
India becoming one of world's fastest growing economies: IMF
The global recovery, while moderate and uneven, will continue to support Asia's exports, says the report.
May 07, 2015, 09:38 AM IST
India has potential to grow at 10%: FM Jaitley
He made the remarks in his maiden public appearance hours after arriving here to attend the annual spring meeting of the International Monetary Fund and the World Bank.
Apr 16, 2015, 12:04 PM IST
Make in India concept to change people's mindset: Nirmala Sitharaman
She said that state governments and the corporate sector were important stake holders in improving the country's growth rate.
Jan 04, 2015, 16:41 PM IST
