India's economy

Services sector registers slower pace of growth in July

India's services sector registered the third consecutive month of expansion in July, but the pace of growth was significantly down from the previous month due to moderation in order flows, an HSBC survey said.

Aug 05, 2014, 11:41 AM IST

'Economy can grow by 6.5% in 2014-15'

Allaying fears of adverse impact of deficient monsoon on the economy, National Statistical Commission Chairman Pronob Sen on Wednesday said the country's growth can be as high as 6.5 percent in the current fiscal.

Jul 30, 2014, 15:46 PM IST

Tremendous mood swing, positivity on Modi govt: Indian CEOs

There is a tremendous mood swing and positivity in the country, a visiting delegation of Indian CEOs from CII said describing its maiden budget as visionary.

Jul 26, 2014, 12:55 PM IST

India avoids growth downgrade by IMF

India is the only country in the BRICS grouping that has avoided a growth downgrade by IMF as it retained the country's economic expansion forecast at 5.4 percent for the current fiscal.

Jul 25, 2014, 20:38 PM IST

India should avoid fiscal slippage: World Bank

The comments came after Finance Minister Arun Jaitley warned of tough measures in his first budget on July 10, saying "mindless populism" needs to be checked as India aims to boost growth.

Jul 03, 2014, 15:35 PM IST

Services sector growth surges in June on Modi wave

India's private sector output witnessed significant uptrend in June as both manufacturing and services sector registered solid rate of expansion, driven by robust order flows and stronger business sentiment, an HSBC survey said on Thursday.

Jul 03, 2014, 12:15 PM IST

Services sector growth hits 17-month high in June

Activity in India`s services sector grew at its fastest pace in well over a year in June.

Jul 03, 2014, 11:24 AM IST

India's manufacturing activity sees fastest pace of growth since Feb

India's manufacturing sector growth in June expanded at the fastest pace since February, supported by growing order flows, especially from overseas, an HSBC survey said Tuesday.

Jul 01, 2014, 10:48 AM IST

Narendra Modi eyes first labour overhaul in decades to create jobs

Prime Minister Narendra Modi has set in motion the first major revamp in decades of the archaic labour laws, part of a plan to revive the flagging economy, boost manufacturing and create millions of jobs.

Jun 30, 2014, 10:48 AM IST

India most confident nation economically: Report

Formation of "business-friendly" government led by Narendra Modi has made India the most optimistic country economically, looking ahead six months, says a report.

Jun 25, 2014, 15:49 PM IST

Time to take steps to put economy on high-growth path: Jaitley

Faced with a "challenging" economy, Finance Minister Arun Jaitley on Tuesday said the time has come to take measures that will put the country on a faster pace of growth and restore investor confidence.

Jun 24, 2014, 15:48 PM IST

Finance minister says time for action to fix economy

India needs to act now to fix the health of its economy, which is facing a challenging time, Finance and Defence Minister Arun Jaitley said on Tuesday.

Jun 24, 2014, 12:55 PM IST

'GDP to grow 5.2% in first quarter of FY15'

After two consecutive years of sub-5 percent growth, the Indian economy is expected to recover and expand 5.2 percent in the first quarter of this financial year, Dun & Bradstreet said in a report.

Jun 18, 2014, 17:25 PM IST

PM Narendra Modi's 'Acche Din' faces first big test – food inflation

If prices are not controlled in time, the feeling of triumph in the BJP would not take much time to turn into one of despair.

Jun 17, 2014, 12:27 PM IST

Economic outlook turns encouraging for new govt

India`s new government got the best news on the economy in a year on Thursday, as industrial growth rebounded and retail inflation dropped to a three-month low - signs of an economic revival that could offset the threat of patchy summer rains.

Jun 13, 2014, 09:42 AM IST

India set to grow at 5.5% in FY15: World Bank

The World Bank projected India`s growth at 5.5 percent in fiscal 2014-15, accelerating to 6.3 percent in 2015-16 and 6.6 percent in 2016-17 as it urged developing countries to double down on domestic reforms.

Jun 11, 2014, 10:14 AM IST