Asia growth holds stable thanks to China and India: ADB
ADB maintained its growth forecast for India at 7.4 percent for 2016 and 7.8 percent for 2017, with improvements driven by a recovery in private investment and bank reforms.
Sep 27, 2016, 09:11 AM IST
Dropped idea of White Paper on economy as it could have hurt national interest: PM Modi
Prime Minister Narendra Modi on Friday said he had thought of bringing out a White Paper on the state of economy after 10 years of UPA rule when NDA rode to power in 2014 but refrained from doing fearing it would hurt the country's interest.
Sep 02, 2016, 21:36 PM IST
India's manufacturing growth surges to 13-month high in August
Recording "solid improvement", manufacturing sector growth touched a 13-month high in August bolstered by expansion in new works as well as acceleration in buying and production levels, says a survey.
Sep 01, 2016, 13:09 PM IST
GDP slowdown in Q1 due to higher subsidy outgo: Das
Attributing the slowdown in first quarter GDP to higher subsidy outgo, Finance Ministry on Wednesday expressed confidence that good monsoon and impact of pay commission award will push the economic growth close to 8 percent in the current fiscal.
Aug 31, 2016, 20:10 PM IST
India's Q1 GDP growth slows to 7.1%, lowest in 6 quarters
Indian economy grew at the slowest pace in last six quarters at 7.1 percent in the April-June period of current fiscal mainly on subdued performance of mining, construction and farm sectors.
Aug 31, 2016, 17:43 PM IST
Govt to now focus on increasing banks’ ability to support growth: FM Jaitley
The Finance Minister said that foreign investment is important for India in order to have larger investment in infrastructure sector.
Aug 30, 2016, 18:06 PM IST
GST will make consumer goods cheaper, boost jobs: CBEC
Spelling out benefits of the Goods and Services Tax (GST), the revenue department on Monday said it will make consumer goods cheaper, increase consumption and generate more employment by enhancing economic activity.
Aug 29, 2016, 14:55 PM IST
Manufacturing growth to be higher in Q2 on better export outlook: Survey
India's manufacturing sector may witness higher growth during the July-September quarter buoyed by improvement in export prospects and domestic demand, even as the hiring outlook remains subdued, according to a survey.
Aug 26, 2016, 16:28 PM IST
Ind-Ra upticks GDP forecast to 7.8%; growth on but not speedy
Ind-Ra has revised India's economic growth forecast to 7.8 percent for the ongoing fiscal on better monsoon, but said the economy is just "chugging along" despite the euphoria emerging after the formation of Modi government at the Centre.
Aug 23, 2016, 13:29 PM IST
Growth recovery on track, reforms hold key: DBS
Strong consumption and public investments have kept India's growth recovery on track this year, and it is now crucial that the government's reform process sustains to keep the momentum going, says a DBS report.
Aug 16, 2016, 16:32 PM IST
'GST positive for growth; more reforms may see slow progress'
Moody's Investors Service on Thursday said the GST implementation will be positive for the country's economic growth without any significant impact on inflation, but cautioned that other "controversial reforms" may witness a slower progress.
Aug 04, 2016, 10:39 AM IST
Reforms, supportive monetary policy to push growth to 8%: S&P
Supportive monetary and fiscal policies can help India achieve 8 percent growth in the next three fiscals, but if reforms do not get further momentum then its economic "outperformance" could be short-lived, S&P Global Ratings said Wednesday.
Aug 03, 2016, 14:27 PM IST
India's services sector growth touches 3-month high in July
India's services sector activity witnessed a significant uptrend and touched a three-month high in July, backed by strong business inflows as underlying demand conditions remained firm, according to a monthly survey.
Aug 03, 2016, 11:58 AM IST
Citi keeps 2016-17 growth at 7.7% on monsoon, 7th Pay Commission award
Indian GDP is expected to expand at 7.7 percent this financial year despite the fact that the pace of activity indicators slackened in April-June, says a Citigroup report.
Aug 02, 2016, 17:08 PM IST
FDI inflows jump 53% in last two years, says FM Jaitley
India saw a record 53 percent increase in FDI in last two years as the investment climate brightened due to steps taken to foster growth, price stability and fiscal prudence which also improved the overall macroeconomic stability, government said Friday.
Jul 29, 2016, 14:01 PM IST
Monsoon to push GDP growth to over 8% this fiscal: Panagariya
A good monsoon can help add "a percentage point" to India's GDP growth in the current fiscal, from 7.6 percent in 2015-16, NITI Aayog Vice Chairman Arvind Panagariya said Wednesday expressing confidence in crossing the 8 percent mark.
Jul 27, 2016, 13:16 PM IST
IMF said Indian economy pace may slow down | News Live
IMF said Indian economy pace may slow down. Watch this special segment and get to know more here.
Jul 25, 2016, 16:34 PM IST
India avoided adverse Brexit effect, now a safe haven: FM Jaitley
Finance Minister Arun Jaitley on Friday said India has avoided any adverse impact of Brexit and has emerged as a safe haven for investors around the world.
Jul 22, 2016, 20:13 PM IST
India needs to shed anti-competitive market distortions to prosper
What makes certain economies relatively prosperous and others relatively poor has been a question of debate among economic scholars and public policy practitioners for a long period of time.
Jul 19, 2016, 11:53 AM IST
