India's economy

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

Demonetisation to redefine new normal for economy: Arun Jaitley

Lauding the government`s surprise demonetisation move, Finance Minister Arun Jaitley on Friday said that it has attacked India`s parallel economy that was running outside the banking system for the last 70 years and a "new normal" will become the way for the country.

Nov 18, 2016, 20:38 PM IST

India's exports up 4.62% at $22.9 billion in September

Cumulative value of exports for the period April-September 2016-17 was USD 131.4 billion as against USD 133.7 billion registering a negative growth of 1.74 percent over the same period last year.

Oct 15, 2016, 02:10 AM IST

India's economy never been in stronger position than today: Parekh

HDFC Chairman Deepak Parekh on Monday said the country's economy is in a "stronger position" and demonstrating an immense growth potential with a strong leadership at the helm bringing in key reforms.

Aug 29, 2016, 13:39 PM IST

Growth recovery on track, reforms hold key: DBS

Strong consumption and public investments have kept India's growth recovery on track this year, and it is now crucial that the government's reform process sustains to keep the momentum going, says a DBS report.

Aug 16, 2016, 16:32 PM IST

Citi keeps 2016-17 growth at 7.7% on monsoon, 7th Pay Commission award

Indian GDP is expected to expand at 7.7 percent this financial year despite the fact that the pace of activity indicators slackened in April-June, says a Citigroup report.

 

Aug 02, 2016, 17:08 PM IST

Brexit is not good for world, a "step back" amid globalisation: SBI Chairperson

India will need to "re-examine" and "re-negotiate" the trade access with the EU and UK after Brexit, according to SBI Chairperson Arundhati Bhattacharya who called the development a "step back" amid globalisation.

Jul 05, 2016, 13:44 PM IST

India's services sector growth dips for 3rd straight month, hits 7-month low in June

Growth in India`s services sector slowed to a seven-month low in June as new orders continued to soften, a business survey showed on Tuesday.

Jul 05, 2016, 10:45 AM IST

India records 10-year low in public private investments: World Bank

India recorded a 10-year low in investments in public-private sector in the year 2015, adding to contraction that pulled down the global investment to below its five-year average of USD 124.1 billion, the World Bank has said.

 

Jun 14, 2016, 13:14 PM IST

India's fundamentals strong to attract investment: Govt

Finance Ministry on Wednesday said India will continue to attract investments because of the inherent strength and the return it offers to investors.

May 11, 2016, 14:04 PM IST

Achieving double digit growth in current global environment extremely difficult: FM Jaitley

Finance Minister Arun Jaitley on Thursday said that in the current global environment, achieving double digit growth is extremely difficult.

Mar 17, 2016, 10:58 AM IST

India is Asia's bright spot: Report

The report further said that India is an interesting market and shaping up well for us.

Feb 15, 2016, 10:18 AM IST

Interest rates not holding back economy: Raghuram Rajan

A day after leaving interest rates unchanged for the second time in as many months, RBI Governor Raghuram Rajan on Wednesday said interest rates are not holding back the economy.

Feb 03, 2016, 20:10 PM IST

'India projected to be world's fastest growing economy'

Describing India as a "bright spot" in the backdrop of gloomy economic outlook globally, a senior Singaporean minister has said the country was projected to be the world's fasted growing economy and Singapore's close economic cooperation with it would be mutually beneficial.

Jan 27, 2016, 12:13 PM IST

Lower IIP mostly because of statistical issues, says CEA

Chief Economic Advisor (CEA) Arvind Subramanian further said the IIP number for the year as a whole is still higher than last year's and "broadly, the trend seems to be upwards".

 

Jan 12, 2016, 22:34 PM IST

Inclusive growth is high on priorities of Modi govt

The government will take adequate measures to ensure social security for children, women and senior citizens of the country, Finance Minister Arun Jaitley said Tuesday.

Jan 12, 2016, 20:34 PM IST

Recovery hopes recede as IIP growth plunges to over 4-year low at (-) 3.2% in November

This is the worst performance since October 2011 when IIP had contracted by 4.7 percent.

 

Jan 12, 2016, 20:12 PM IST

India's industrial output growth contracts 3.2% in November

As per data released by the Central Statistics Office (CSO), the manufacturing sector, a key indicator of economic activity, shrinked by 4.4 percent year-on-year in November.

Jan 12, 2016, 17:47 PM IST

India to remain bright spot in global economy: World Bank

In its latest Global Economic Prospect report - which is released every six months -- the World Bank marginally reduced India's growth rate -- 0.2 percent in 2015 and 0.1 percent in both 2016 and 2017.

Jan 07, 2016, 10:56 AM IST

World Bank may revise India's economic growth projection in January review

Recession in Brazil and Russia and slowdown in China have made India the leading economy in terms of growth prospects for the first time this year.

Dec 26, 2015, 17:14 PM IST