RBI to be on hold unless inflation, growth undershoot targets
The Reserve Bank is expected to hold rates steady over the "foreseeable future", unless inflation and growth undershoot targets sharply, says an HSBC report.
Feb 09, 2017, 13:02 PM IST
Monetary policy review: RBI cuts FY17 growth forecast to 6.9%, pegs 7.4% for next year
RBI Governor Urjit Patel on Wednesday cut the economic growth forecast to 6.9 percent for the current fiscal from 7.1 percent estimated earlier, even as he said the economy will bounce back to 7.4 percent rate next fiscal.
Feb 08, 2017, 15:42 PM IST
Note ban shaves off GDP growth rate by up to 0.5% in FY'17
Demonetisation will shave off the economic growth for the current fiscal by 0.25 percent to 0.50 percent though it will have long-term benefits for the economy by reducing interest rates and eliminating corruption, besides bringing in more activities in the formal sector.
Jan 31, 2017, 14:26 PM IST
Economic Survey 2017: GST to create common market, improve tax compliance
The Constitutional Amendment on GST will create a common Indian market, improve tax compliance and governance and boost investment and growth, EConomic Survey said.
Jan 31, 2017, 14:18 PM IST
Labour, tax reforms to boost apparel, leather sectors: Economic Survey 2017
Labour and tax reforms are needed to boost employment creation in apparel and leather sectors as the two segments can become vehicles for broader social transformation in the country, the Economic Survey for 2016-17 said on Tuesday.
Jan 31, 2017, 14:01 PM IST
Economic Survey 17: Here are the key highlights
Following are the highlights of Economic Survey 2016-17 tabled in Parliament.
Jan 31, 2017, 13:58 PM IST
Economic Survey moots formation of public sector asset rehabilitation agency
The Economic Survey 2016-17 tabled in Parliament on Tuesday by Finance Minister Arun Jaitley has mooted the formation of a centralised public sector asset rehabilitation agency (PARA).
Jan 31, 2017, 13:50 PM IST
Economic Survey 2017 advocates reforms to unleash economic dynamism, social justice
India needs an evolution in the underlying economic vision across the political spectrum and further reforms are not just a matter of overcoming vested interests that obstruct them, the Survey said.
Jan 31, 2017, 13:14 PM IST
Economic Survey 2017 Overview: India's GDP to grow between 6.75-7.5% in FY 2017-18
A day before the presentation of Union Budget 2017, the Economic Survey on Tuesday pegged the country's economic growth at a conservative level of 6.75-7.5 percent for the next fiscal.
Jan 31, 2017, 11:03 AM IST
Budget 2017 to continue govt's transformation drive: Govt
Finance Ministry on Wednesday said the drive to transform India will continue in Budget 2017-18 to be unveiled by Finance Minister Arun Jaitley on February 1.
Jan 25, 2017, 21:25 PM IST
Budget 2017: Demonetisation may compel govt to provide stimulus, says IndRa
Finance Minister Arun Jaitley in his Budget on February 1 may have to provide stimulus to the economy reeling under the 'Tsunami' of demonetisation, India Ratings and Research said Wednesday.
Jan 25, 2017, 18:45 PM IST
India one of the world's most dynamic emerging economies: UN
India is one of the most "dynamic emerging economies" and is likely to grow at 7.7 percent this year on strong private demand and government reforms but excluding the effect of demonetisation, a UN report said Wednesday.
Jan 18, 2017, 15:14 PM IST
Budget 2017: A Detailed Overview of Economy
The economy under Modi's leadership has seen a major improvement in the past ten months on several fronts; however, certain hiccups are still there which will take time to sort out.
Jan 17, 2017, 15:31 PM IST
FM Jaitley hopeful of resolving issues to roll out GST from Apr 1
Finance Minister Arun Jaitley on Wednesday reiterated that the Centre is still aiming to roll out the Goods and Services Tax (GST) regime from April 1 if all pending issues are sorted out.
Jan 11, 2017, 14:44 PM IST
World Bank's first growth projection post-demonetisation: India's economy to grow 7% this fiscal
The World Bank, however, asserted that the country would regain momentum in the following years with 7.6 and 7.8 percent growth.
Jan 11, 2017, 12:50 PM IST
India on threshold of becoming world's most digitised economy: PM Modi
Prime Minister Narendra Modi on Tuesday said that India is on threshold of becoming most digitised economy in the world.
Jan 10, 2017, 18:49 PM IST
HSBC pegs GDP growth at 6.3% on note ban pains
Foreign brokerage HSBC on Monday projected sharply lower growth numbers for the year at 6.3 percent, way lower than the official CSO estimate of 7.1 percent for 2016-17.
Jan 09, 2017, 18:22 PM IST
India braces for growth chill after Modi's cash crackdown
Friday`s GDP estimate is a cornerstone of Finance Minister Arun Jaitley`s budget on Feb 1.
Jan 06, 2017, 21:44 PM IST
GDP drops from 7.6% to 7.1% in FY 2017
GDP drops from 7.6% to 7.1% in FY 2017. the full segment for more details.
Jan 06, 2017, 21:13 PM IST
India's FY17 GDP growth pegged at 3-year low of 7.1% vs 7.6% in FY16; demonetisation impact not factored in
The economic growth is expected to be 7.1 percent in FY 2016-17 as compared to the growth rate of 7.6 percent in FY 2015-16.
Jan 06, 2017, 17:33 PM IST
