India's economic growth

World Bank may revise India's economic growth projection in January review

Recession in Brazil and Russia and slowdown in China have made India the leading economy in terms of growth prospects for the first time this year.

Dec 26, 2015, 17:14 PM IST

Indian economy to grow over 8% this fiscal: Panagariya

Helped by a pick up in manufacturing, the country's GDP witnessed a growth of 7.4 percent in July-September, to become the fastest growing major economy.

Dec 23, 2015, 16:45 PM IST

India's business confidence falls further in December on weak demand

The decline in business sentiment throughout 2015 casts some doubt over the sustainability of growth in India.

Dec 22, 2015, 17:36 PM IST

India may see slow, but sustainable economic recovery: Morgan Stanley

According to the global financial services major, the revival will be driven by a pick-up in capex (more public than private), urban consumption and normalisation in exports.

Dec 22, 2015, 14:34 PM IST

India projected to be fastest growing economy over next 10 years

India, with a projected annual growth rate of 7 percent, has the potential to be the world's fastest growing economy over the coming decade, surging ahead of its South Asian economic rival China that will continue to see a slowdown, Harvard researchers said in new forecast.

Dec 22, 2015, 12:57 PM IST

Indian economy stagnant, lack of direction in Modi govt: Chidambaram

Asked where was the government lacking, Chidambaram said, "I don't think they have a command over the situation. Where are the jobs they promised, where is the private investment that they said will happen once they come to office?"

Dec 21, 2015, 17:04 PM IST

Govt brings bankruptcy law to improve ease of doing biz

Seeking to improve ease of doing business, government on Monday introduced in Parliament the 'Insolvency and Bankruptcy Code, 2015' that provides for resolution of insolvency in a timebound manner.

 

Dec 21, 2015, 16:43 PM IST

Indian economy to more than double to $5 trillion in 10 years

The size of the Indian economy will more than double to USD 5 trillion if 7 percent growth rate is sustained for next 10 years, Minister of State for Finance Jayant Sinha said Saturday.

Dec 19, 2015, 18:09 PM IST

Economy stabilising despite uncertain global situation: FM Jaitley

Finance Minister Arun Jaitley on Friday said Indian economy has witnessed significant improvement in macro-economic stability despite uncertain global economic situation.

Dec 18, 2015, 20:56 PM IST

Govt lowers growth projection to 7-7.5% for 2015-16

The government on Friday lowered its economic growth forecast for 2015-16 to 7-7.5 percent from 8.1-8.5 percent, but said budget deficit target will be met as higher tax revenues offset a shortfall in PSU stake sale.

Dec 18, 2015, 20:19 PM IST

Market gets a growth scare, Sensex loses 285 points

The 50-share NSE Nifty cracked below the 7,800-mark by sliding 82.40 points, or 1.05 percent, at 7,761.95 after shuttling between 7,753.35 and 7,836.15.

 

Dec 18, 2015, 19:05 PM IST

India's lowest rating balances its macro indicators: Fitch

Fitch Ratings on Wednesday said its lowest investment grade rating of 'BBB-' for India balances the country's improved prospects for growth, inflation and the external balances, with limited progress on the fiscal front.

Dec 09, 2015, 20:15 PM IST

Surge in diabetes can hamper India's economic growth

The study published earlier this year in the journal PharmacoEconomics looked into the economic impact of Type-II diabetes worldwide.

Dec 06, 2015, 18:01 PM IST

India to become $4-5 trillion economy in short time: Meghnad Desai

India will become a USD 4-5 trillion economy in a very short period of time, London-based economist Lord Meghnad Desai said Friday.

Dec 04, 2015, 19:03 PM IST

India to grow at 7.4% this fiscal, says S&P

India's economy will grow at 7.4 percent in the current fiscal, which will further improve to over 8 percent in 2016-17, Standard & Poor's Ratings Services projected Thursday.

Dec 03, 2015, 14:11 PM IST

ADB keeps India's growth forecast unchanged at 7.4% this year

The Asian Development Bank (ADB) on Thursday kept its economic growth forecast for India unchanged at 7.4 percent for the current financial year and 7.8 percent for the next fiscal.

Dec 03, 2015, 14:05 PM IST

India's services sector growth stagnates in November as sentiments hit 10-year low

Services sector output stagnated in November after four consecutive months of expansion, as business sentiments hit the lowest level in a decade and flow of new orders turned sluggish, a monthly survey showed Thursday.

 

Dec 03, 2015, 13:41 PM IST

IPR policy to help India become innovative economy

The national Intellectual Property Rights (IPR) policy being prepared by government will help India become an innovative economy over the next 10 years, a top official said Wednesday.

Dec 02, 2015, 15:39 PM IST

India eyes steady steps, not "big bang", towards freer rupee

 India is taking steady steps towards an increasingly free currency, Reserve Bank of India governor Raghuram Rajan said on Tuesday, but it will avoid a "big bang" liberalisation.

Dec 01, 2015, 14:46 PM IST

RBI keeps policy rate unchanged on inflation concerns

The cash reserve ratio or the amount of deposits banks park with RBI has also been left unchanged at 4 percent.

Dec 01, 2015, 14:40 PM IST