Normal rains to prop rural India; RBI rate cut on cards: BofAML
A normal monsoon this year should continue to revive rural demand and allow the RBI to cut rates by 0.25 percent in August, says a Bank of America Merrill Lynch report.
Apr 19, 2017, 14:21 PM IST
Demonetisation impact may take a few months to assess: CEA Arvind Subramanian
India's high economic growth rate last fiscal may not reflect the actual impact of demonetisation particularly on the informal sector, and it may take a few months to assess its real fallout, Chief Economic Adviser Arvind Subramanian has said.
Apr 19, 2017, 13:29 PM IST
IMF cuts India's growth forecast to 7.2% for 2017
The IMF on Tuesday trimmed India's annual growth forecast by 0.4 percentage points to 7.2 percent for 2017, citing the impact of demonetisation.
Apr 18, 2017, 18:57 PM IST
World Bank optimistic on India, predicts this year economic growth at 7.2%
India’s economic momentum is expected to pick up speed from 6.8 percent in 2016 to 7.2 percent by 2017 after a modest setback due to weaker than expected investments and the effects of the withdrawal of large denomination bank notes.
Apr 17, 2017, 09:34 AM IST
Double whammy for India's economy: Industrial output contracts 1.2% in February; inflation rises to 3.81% in March
India's industrial production contracted by 1.2 percent in February due to poor performance of manufacturing sector coupled with decrease in output of capital goods, as per data released by Central Statistics Office (CSO).
Apr 12, 2017, 17:33 PM IST
India's manufacturing growth hits 5-month high in March on strong demand
Activity in India`s manufacturing sector expanded at the fastest pace in five months in March as output and new orders accelerated, according to a private survey that also showed price pressures eased.
Apr 03, 2017, 11:06 AM IST
Care sees GDP clipping at 7.5-8% in FY18 if monsoon is normal
Rating agency Care on Tuesday said it expects GDP growth to accelerate to 8 percent next financial year and flagged monsoon as the only area of concern that may scupper this.
Mar 28, 2017, 20:46 PM IST
India should not bar China in rail sector: Chinese daily
It is not in India`s best interest to bar China from entering into partnership on high-speed train projects, a Chinese daily said on Tuesday.
Mar 28, 2017, 17:47 PM IST
Indian consumers most optimistic about well-being in Asia-Pacific
Indian consumers are the most optimistic lot in the Asia-Pacific region, says a survey, which marked it mainly to upbeat sentiment over robust pace of economic growth and stable macroeconomic fundamentals.
Mar 27, 2017, 16:55 PM IST
India GDP growth to slow to 6.7% in Jan-Mar 2017: Nomura
India's GDP growth is expected to slow to 6.7 percent in the January-March quarter of this fiscal year as overall activity is yet to bounce back to levels seen prior to demonetisation, says a Nomura report.
Mar 22, 2017, 15:46 PM IST
GST impact on inflation to be less than 0.20%: Nomura
The implementation of Goods and Services Tax (GST) is likely to be fiscally neutral and its impact on inflation is expected to be less than 20 basis points, says a Nomura report.
Mar 20, 2017, 14:51 PM IST
Global economy in momentum, corporate recovery and economic reforms contributing from India
Global economy in momentum, corporate recovery and economic reforms contributing from India. Watch complete news story of Antim Bazi for getting the detailed news updates from stock market!
Mar 17, 2017, 20:22 PM IST
Demonetisation fails to pull down IIP growth further, industrial production bounces back to 2.7% in January
Growth in industrial production rose to 2.7 percent in January due to good performance of mining and manufacturing sectors coupled with sharp increase in output of capital goods.
Mar 10, 2017, 17:45 PM IST
Demonetisation to cut tax avoidance, corruption; credit positive: Moody's
Demonetisation will be credit positive for India as it is likely to reduce tax avoidance and corruption, Moody's Investors Service said on Wednesday.
Mar 01, 2017, 16:01 PM IST
GDP growth results came better then expected
GDP growth results came better then expected. Watch the full segment for more details.
Feb 28, 2017, 21:06 PM IST
India's GDP growth projected to slow to 6.6% post-demonetisation: IMF
India's growth is projected to slow to 6.6 percent in 2016-17 fiscal due to the strains that have emerged in the economy as a result of "temporary disruptions" caused by demonetisation, the IMF said Wednesday.
Feb 22, 2017, 20:44 PM IST
It's important one grows a thick skin fast, says RBI Guv Urjit Patel
Unfazed by criticism of the way the note ban was handled, RBI Governor Urjit Patel on Friday said the central bank has grown a thick skin fast doing its job and stressed that the economy will make a "sharp V" recovery after a short drop.
Feb 17, 2017, 15:46 PM IST
'India knocking at rare club of fast, steady growth economies'
Indian economy is becoming more efficient through five broad themes -- fast and steady rate of growth, market reforms, expanding digital footprint, revival in rural growth and creation of modern infrastructure, says a report.
Feb 15, 2017, 15:54 PM IST
Economy to grow at 7.4% next fiscal: Ind-Ra
The Indian economy is likely to grow by 7.4 percent in the next fiscal year, India Ratings and Research (Ind-Ra) on Tuesday said.
Feb 14, 2017, 18:03 PM IST
RBI's next rate cut in August, prospect hinges on monsoon: BofAML
Reserve Bank may finally go for a 25 basis points rate cut in August if a good monsoon contains core inflation at a moderate 4-5 percent, says a Bank of America Merrill Lynch (BofAML) report.
Feb 10, 2017, 13:14 PM IST
