IMF cuts India's economic growth forecast to 6.8 pc in 2022, says 'global economy continues to face steep challenges'
Global growth is forecast to slow from 6.0 per cent in 2021 to 3.2 per cent in 2022 and 2.7 per cent in 2023. This is the weakest growth profile since 2001, except for the global financial crisis and the acute phase of the COVID-19 pandemic.
Oct 11, 2022, 20:07 PM IST
India's economy grows at robust 8.2 percent in June quarter, best in over 2 years
India's economic growth surged to a more than two-year high of 8.2 percent in the three months through June from a year earlier, powered by a strong performance of manufacturing and consumer spending.
Aug 31, 2018, 17:49 PM IST
Slowdown-hit Indian economy counts costs of stronger rupee
India`s stronger currency has become a threat for its growth aspirations
Sep 02, 2017, 08:23 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
Indian economy will grow five-fold by 2040; has shown more resilience, says PM Modi
Prime Minister Narendra Modi on Monday said that India’s economy is expected to grow five fold by 2040, and has shown signs of more stability and resilience than any other economy in the world.
Dec 05, 2016, 10:45 AM IST
'GDP to fall by up to 1 percentage points post demonetisation, follow-up reforms key'
India's economic growth is expected to fall by up to 1 percentage points over the next 12 months in the wake of demonetisation, while longer-term gains will depend on follow-up reforms, says an HSBC report.
Nov 20, 2016, 13:33 PM IST
PM Narendra Modi says India aims to be world's most open economy
Prime Minister Narendra Modi today invited Japanese investments, saying India has a huge and substantial need for finances and his government was pursuing reform policies to make the country the world's "most open" economy.
Nov 11, 2016, 11:28 AM IST
Indian economy to grow at 7.8% in 2016-17: Survey
India's economy is likely to expand 7.8 percent during the current financial year on the back of good monsoons, said economists polled by Ficci.
Aug 30, 2016, 19:37 PM IST
'Economic growth likely to decelerate in Q1 FY17'
Economic growth in the first quarter of the current fiscal may have decelerated and is unlikely to pick up for rest of the year due to slowing private capex and restricted bank credit, a report said.
Jun 17, 2016, 15:52 PM IST
Indian economy estimated to grow at 7.6%; low fuel prices, reforms key growth drivers: FM
Indian economy is estimated to register 7.6% growth in 2015-16, despite contraction of global exports and two years of shortfall in monsoon, said the Finance Minister Aruin Jaitely on Friday.
May 20, 2016, 13:02 PM IST
'Good monsoon, consumer spending to see India GDP grow at 7.4% in FY17'
The Indian economy is expected to clock a GDP growth of 7.4 percent this fiscal largely driven by the lagged impact of a good monsoon and increased consumer spending, supported by pay commission awards, a Standard Chartered report said.
May 02, 2016, 13:52 PM IST
'India to clock nearly 8% GDP growth in 2016-17'
India's economy is likely to clock nearly 8 percent growth in the current fiscal on the back of robust private consumption, which has benefited from lower energy prices and higher real incomes, according to PHD Chamber of Commerce.
Apr 24, 2016, 11:29 AM IST
India business sentiment falls in March: Survey
Indian business sentiment fell for the first time in three months in March as companies faced lower demand amid rising input prices adding to expectations of an interest rate cut by the Reserve Bank, says a survey.
Mar 29, 2016, 14:19 PM IST
'Indian economy to grow 7.7% in 2016-17'
Rating agency ICRA on Monday projected Indian economic growth to improve to 7.7 percent in next fiscal, led by domestic consumption demand on the back of implementation of 7th Pay Commission and OROP recommendations.
Mar 21, 2016, 20:06 PM IST
'Indian economy to grow 7.7% in 2016-17'
Rating agency ICRA on Monday projected Indian economic growth to improve to 7.7 percent in next fiscal, led by domestic consumption demand on the back of implementation of 7th Pay Commission and OROP recommendations.
Mar 21, 2016, 20:06 PM IST
'Pushing GDP over fiscal discipline to be counter-productive'
The government's likely approach of giving priority to growth numbers at the expense of fiscal consolidation could prove "counter-productive", says HSBC.
Feb 19, 2016, 13:40 PM IST
Indian economic recovery losing steam: Nomura
India's economic recovery is losing some steam and there is a likelihood of slowdown in the growth momentum, says Japanese financial services firm Nomura.
Feb 07, 2016, 12:35 PM IST
India GDP for second quarter 2015-16 grows at 7.4%; manufacturing spikes 9.3%
India's GDP for the second quarter of 2015-16 is 7.4%, slightly more than 7.1% growth observed in the first quarter.
Nov 30, 2015, 17:42 PM IST
India to grow faster than 7.5% in coming years: PM
In Malaysia, Prime Minister Narendra Modi projected India as a bright spot amid global slowdown, and said Indian economy is set to grow faster than 7.5% in the coming years.
Nov 22, 2015, 19:51 PM IST
4G will revolutionise telecom sector, help growth: Prasad
Communications and IT Minister Ravi Shankar Prasad on Saturday said fourth generation (4G) technology will be the next revolution in the telecom sector with a lot of potential for India`s economic growth.
Feb 14, 2015, 19:40 PM IST
