India's economic growth

Good prospects for India to achieve over 8% growth in 2-3 years: Niti Aayog

The government think tank has come out with a detailed plan for reforms in the economy, judiciary, regulatory structure and social sectors, in its 'Three Year Action Agenda, 2017-18 to 2019-20'.

Aug 24, 2017, 19:25 PM IST

PM Modi calls on young entrepreneurs to become soldiers of development

The Prime Minister said the Union government has taken a number of decisions that have brought about fundamental transformation.

Aug 22, 2017, 18:08 PM IST

Smuggling, piracy hindering India's manufacturing growth: Ficci

Widespread smuggling, counterfeiting and piracy can affect India's goal of becoming a manufacturing hub of the world, industry body Ficci today said.

Aug 22, 2017, 16:30 PM IST

India's industrial output growth in negative zone, contracts 0.1% in June

The manufacturing sector, which constitutes over 75 percent of the IIP index, contracted by (-) 0.4 percent in June compared to 7.5 percent growth a year ago. 

Aug 11, 2017, 17:37 PM IST

Mid-Year Economic Survey: Here are the Key Highlights

Here the key highlights of Part-2 of Economic Survey 2016-17, tabled in Parliament today.

Aug 11, 2017, 15:21 PM IST

RBI Monetary Policy Review today: Here's what analysts expect

Analysts expect the apex bank to cut interest rates in view of the latest macro data.

Aug 02, 2017, 08:56 AM IST

RBI monetary policy review today: Urjit Patel likely to cut interest rate by 0.25%

The outcome of the Monetary Policy Committee meeting  headed by RBI Governor Urjit Patel is being keenly awaited by all stakeholders including industry and stock markets.

Aug 02, 2017, 08:29 AM IST

RBI Monetary Policy Review: Why MPC should vote for rate cut?

With retail inflation receding to record low levels, the six-member monetary policy committee (MPC), headed by RBI Governor Urjit Patel likely to cut the benchmark lending rate by at least 0.25 percent in its third bi-monthly monetary policy review on Wednesday afternoon.

Aug 01, 2017, 14:13 PM IST

India on track to grow at 7.4% in 2017: ADB report

India is expected to achieve the projected growth rate of 7.4 percent in 2017 and further up 7.6 percent next year on strong consumption demand, with South Asia leading the growth chart in Asia and the Pacific, an ADB supplement report said on Thursday.

Jul 20, 2017, 11:18 AM IST

India to be base to economic pole of global growth: Harvard study

India will be the base to the economic pole of global growth over the coming decade with a 7.7 percent growth rate annually, remaining ahead of China, according to a Harvard University research.

Jul 06, 2017, 15:17 PM IST

World Bank clears $250 million loan to train India's job seekers

The Washington-headquartered World Bank's SIMO is a six- year programme in support of the Indian government's National Policy for Skill Development and Entrepreneurship (2017-23).

Jun 26, 2017, 16:00 PM IST

Is RBI's hawkish stance hurting India's growth prospects?

India urgently needs to regain the level of growth it witnessed since 2003 and a lot needs to be done including an urgent resolution of bad loans, which seems to have begun. But, avoiding an unnecessary hawkish stance by the RBI would supplement government efforts in reviving investor sentiments.

Jun 20, 2017, 15:17 PM IST

India's economy to grow at 7.4-7.6% in next two fiscals: Fitch Ratings

Demonetisation of old Rs 500 and 1,000 notes had a "material impact on spending" as reflected in significant slowing of GDP growth in January-March, Fitch Ratings said today, warning that the ongoing steep decline in investment could spell risks to growth potential.

Jun 20, 2017, 14:33 PM IST

CSO to change GDP base year to 2017-18 from 2011-12: Gowda

The statistics ministry is set to change the base year of national accounts to 2017-18 from 2011-12 after completion of the household consumer expenditure survey and labour force data by the end of 2018.

Jun 13, 2017, 18:20 PM IST

HSBC sees India growth unchanged at 7.1% this fiscal

India's growth is likely to remain unchanged at 7.1 percent this fiscal, as investments are low and government spending may not remain high given the fiscal consolidation path the country is treading, says a report.

Jun 08, 2017, 15:51 PM IST

India to retain ‘fastest growing’ tag; World Bank projects 7.2% growth rate this year

Noting that India is recovering from the temporary adverse effects of demonetisation, the World Bank has projected a strong 7.2 percent growth rate for India this year against 6.8 percent growth in 2016.

Jun 05, 2017, 11:02 AM IST

Narendra Modi in Russia: PM invites global businesses to invest, says sky is the limit in India

Prime Minister Narendra Modi on Friday invited global businesses to invest in sectors like manufacturing, healthcare, defence and services, saying India was never a better investment destination than it is now.

Jun 02, 2017, 17:54 PM IST

Chinese media mocks India's GDP figures, says slower growth nasty surprise, self-goal

A state-run Chinese daily said on Friday that India has suffered a setback and a "nasty surprise" in the "elephant versus dragon" race as its GDP growth slowed down in the January-April quarter helping China re-emerge as the fastest growing major economy.

Jun 02, 2017, 15:32 PM IST

Economic turnaround in Q1; sustain 8% growth in few years: Niti Aayog

Indian economy is out of the woods as far as the impact of demonetisation is concerned and a turnaround will be seen in the first quarter of the current fiscal, NITI Aayog vice chairman Arvind Panagariya said on Friday.

Jun 02, 2017, 14:48 PM IST

India's GDP growth to recover to 7.2% this fiscal: UBS

India's GDP growth is expected to recover from 7.1 percent in 2016-17 to 7.2 percent this fiscal and further to 7.7 percent in 2018-19 largely driven by the government's reform push and recovery in private investments, says a report.

 

Jun 02, 2017, 14:43 PM IST