Icra sees RBI leaving rates unchanged on Oct 4
While an interest rate cut would be welcomed by corporates, it's unlikely to be sufficient to meaningfully rekindle investment activity.
Sep 28, 2017, 15:18 PM IST
India likely to be $6 trillion economy in 10 years: Morgan Stanley
According to global brokerage Morgan Stanley, India's digitisation drive would provide a boost of 50-75 basis points to GDP growth in the coming decade.
Sep 27, 2017, 19:13 PM IST
Modi govt rejects Yashwant Sinha's critique of economy
"The world acknowledges India is the fastest growing economy. No one should forget it. Our image at the international level is very strong," Home Minister Rajnath Singh said.
Sep 27, 2017, 17:05 PM IST
Scope for RBI rate cut; fiscal stimulus 'less likely': ADB
The committee is scheduled to come out with next bi-monthly monetary policy decision on October 4.
Sep 26, 2017, 18:26 PM IST
Appropriate action to tackle economic slowdown soon: Arun Jaitley
As far as bringing more items under the GST is concerned, Jaitley said that real estate would be the most easy to bring in.
Sep 21, 2017, 13:26 PM IST
Package soon to boost economy; no cuts in petrol, diesel rates: Arun Jaitley
Asked about the possibility of a cut in excise duties on petroleum products, Jaitley said government needed money for public spending to push growth and for social sector schemes.
Sep 20, 2017, 19:57 PM IST
Former PM Manmohan Singh takes potshots at note ban, 'hasty' rollout of GST
Singh, who had previously cautioned against note ban shaving off 2 percent of GDP, said demonetisation of 86 percent of the currency in circulation and the hasty implementation of the Goods and Services Tax (GST) have impacted informal and small scale sectors, which account of about 40 percent of the USD 2.5-trillion economy.
Sep 18, 2017, 18:03 PM IST
India's GDP growth likely to slip below 7% this fiscal: DBS
According to the global financial services major, two recent policy measures -- demonetisation in November 2016 and GST rollout in July 2017 had a short term impact on economic activity and aggravated the already slowing momentum.
Sep 15, 2017, 13:07 PM IST
Demonitisation, pre-GST destocking reasons for drop in Q1 GDP
Experts feel demonitisation and huge destocking before the launch of the Goods and Services Tax (GST) can be the reasons for the unexpected slow down of India`s economic growth to 5.7 percent in the June quarter, the slowest pace in three years.
Sep 01, 2017, 16:43 PM IST
GDP growth to improve to 7-7.5% in Q2: Niti Aayog's new Vice-Chairman
Kumar further said the decline in growth in the first quarter can be attributed to destocking by manufacturers in anticipation of GST rollout from July 1.
Sep 01, 2017, 16:01 PM IST
India's manufacturing growth bounces back from July's contraction
All the three monitored sub-sectors posted substantial recoveries, with capital goods outperforming its consumer and intermediate goods counterparts in terms of production growth rates, the survey said.
Sep 01, 2017, 13:01 PM IST
Need 10 champions of states to achieve high growth rate: Niti Aayog CEO Amitabh Kant
Kant lamented that ambition and hunger in private sector to capture global market just does not exist in India.
Aug 31, 2017, 14:16 PM IST
'GDP growth to slow down to 6% in Q1, better to track GVA'
Explaining the lower GDP growth as against the GVA growth, HSBC said a large subsidy outgo will likely depress the net indirect taxes (NIT) growth which will result in slower GDP.
Aug 30, 2017, 16:31 PM IST
Care Ratings sees Q1 GDP growth at 6.5%
The government will be releasing its official figures on GDP growth on Wednesday.
Aug 28, 2017, 19:11 PM IST
India's growth revival still a concern: Report
According to Dun and Bradstreet, distribution of monsoon remains uneven which might impact rural demand to an extent, while the transition to the Goods and Services Tax (GST) is likely to create some disruption and impact the immediate sales volume across businesses.
Aug 23, 2017, 20:08 PM IST
Achieving high end of 6.75-7.5% growth difficult; inflation to be below RBI's 4% target: Economic Survey
For the first time today, the government presented a second or a mid-year economic survey for the year 2017-18 highlighting the new factors that the economy faces since the last such exercise in February.
Aug 11, 2017, 14:22 PM IST
GDP growth in Jun quarter to be around 6.6% in India: Nomura
It further noted that in the second half (H2) of 2017, growth recovery is expected to accelerate to 7.4 percent led by a resumption of production after GST, ongoing remonetisation, normal monsoons and lower lending rates.
Jul 31, 2017, 15:19 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
In India NPA is viewed as criminal: Bhattacharya
With the Indian banking industry bearing the brunt of huge NPAs waiting for resolution, State Bank of India (SBI) chairman Arundhati Bhattacharya on Tuesday said that NPA is treated as criminal in the country.
Jul 11, 2017, 18:49 PM IST
India's reform agenda moving at a quick pace; GST to create unified market of 1.3 billion people: PM Modi at G20 Summit
Talking about the Indian economy at the G20 Summit, PM Modi said the decision on demonetisation has "dealt a blow to corruption, boosted digitisation and enlarged the formal economy".
Jul 07, 2017, 20:19 PM IST
