India's economic growth

India's image of 'written off' economy changed in 17 months: PM Modi

The Prime Minister said before he took office, so much was written about India being on the brink of destruction due to mis-governance and corruption in the country.

Nov 07, 2015, 18:33 PM IST

Infra development top priority; Rs 4L-crore stuck projects rolled: PM Modi

Narendra said projects worth Rs 32,000 crore have been sanctioned for the state.

Nov 05, 2015, 18:39 PM IST

Raghuram Rajan defends his speech calling for tolerance, mutual respect

Stating that democracy is India's greatest strength, Raghuram Rajan said everyone should "calm down a bit in order to foster healthy debate".

 

Nov 04, 2015, 16:08 PM IST

Services sector growth hits 8-month high in October

India's services sector activity touched an eight-month high in October driven by a significant rise in new business orders even as growth in manufacturing output eased, a Nikkei survey said.

Nov 04, 2015, 13:33 PM IST

GDP to grow in excess of 7.5% this fiscal: Jaitley

Jaitley said that even when globally the economic situation is not that good, India's industrial and manufacturing output are showing improvement.

Oct 15, 2015, 20:18 PM IST

India in goldilocks period; FY16 GDP likely at 7.6%: Nomura

The April-June quarter GDP slipped to 7 percent from 7.5 percent in the preceding quarter.

 

Oct 13, 2015, 14:06 PM IST

Launch next phase of reforms for faster growth, IMF to India

With India's growth rate projected to drop slightly from 7.5 percent to 7.3 percent in 2015, the IMF on Friday recommended the country to launch next phase of economic reforms and improve its business climate for achieving faster and more inclusive growth.

 

Oct 10, 2015, 00:10 AM IST

'India sees better growth prospects than most major economies'

India is witnessing "firming" growth prospects even as most of the major economies including the US are seeing signs of moderation in growth, according to Paris-based think tank OECD.

Oct 08, 2015, 19:30 PM IST

India to grow at 7.5%, faster than China: IMF

"Growth in India is expected to rise above the rates in other major emerging market economies," the IMF said in its latest World Economic Outlook.

Oct 06, 2015, 19:58 PM IST

Terrorism has long-lasting impact on Indian economy: Moody's

In 20 years (from 1994 to 2013), India faced 6,024 attacks, a little less than tenth of 68,962 incidents worldwide.

 

Oct 06, 2015, 19:27 PM IST

India "bright spot" for investment in the current global slowdown, PM Modi tells biz leaders

PM Modi said government had taken a number of steps to remove long pending concerns of investors, including expediting regulatory clearances, increasing the validity period of Industrial Licences across the board and delicencing a number of defence items.

Oct 06, 2015, 18:22 PM IST

India's core sectors growth slows to 2.6% in August

Coal, cement and electricity output slowed down to 0.4 percent, 5.4 percent and 5.6 percent respectively during the last month as compared to 13.2 percent, 10 percent and 12.9 percent.

Sep 30, 2015, 19:09 PM IST

August core sector growth slows to 2.6%

The output of eight core industries slowed down to 2.6 percent in August as against 5.9 percent in the same month last year.

Sep 30, 2015, 17:24 PM IST

Rate cut of 0.5% for stronger, sustainable growth: Rajan

Reserve Bank Governor Raghuram Rajan on Tuesday said the 0.50 percent reduction in key rate is to ensure strong and sustainable growth, and was driven primarily by its preconditions being met and the weakness in external environment.

 

Sep 29, 2015, 15:39 PM IST

`India doesn't need extra stimulus, will grow over 8%`

India does not need further fiscal stimulus to revive the economy, despite record low inflation and growth seen at the lower end of an 8.1-8.5 percent target this financial year, chief economic adviser Arvind Subramanian said on Wednesday.

Sep 23, 2015, 16:35 PM IST

India has learnt to live in era of global turmoils: FM Jaitley

Confident about India sailing through global turmoils without much adverse impact, Finance Minister Arun Jaitley has said the government is focussing on strengthening the country's real economy and harnessing its true growth potential of 8-9 percent.

Sep 22, 2015, 18:14 PM IST

Cost of capital hurting domestic private investment: Jaitley

Pitching for greater overseas investments to drive India's economic growth, Finance Minister Arun Jaitley on Monday said domestic private sector investments have been slow and high cost of capital was also affecting several sectors.

 

Sep 21, 2015, 13:05 PM IST

Indian economy to outpace 7.3% growth of last fiscal: FM Jaitley

Aiming to reap significant benefits from continuing reforms, Finance Minister Arun Jaitley on Monday said all macroeconomic parameters including fiscal deficit and inflation appear positive and hoped that GDP growth would outperform 7.3 per cent rate of last year.

Sep 21, 2015, 12:54 PM IST

FM Jaitley promises more reforms; sees better growth this fiscal

India's economic growth is expected to improve despite unfavourable global winds as the government continues with several reform programmes, Finance Minister Arun Jaitley said Monday.

 

Sep 21, 2015, 08:44 AM IST

7% GDP growth not enough: FM Jaitley

Finance Minister Arun Jaitley on Friday said 7 percent growth rate recorded in the first quarter of current fiscal "is not just enough", though many thought it was a fair growth rate.

Sep 18, 2015, 18:29 PM IST