Citigroup pegs India's GDP growth at 7.9% this fiscal
According to the global financial services major, investment and consumption uptick is likely to result in a growth pick-up from 7.3 percent in 2014-15.
Jun 11, 2015, 15:21 PM IST
Logistics players can gain 30% on cost from GST: Crisil
The elimination of check posts will also help deliver savings as goods move faster, the agency said, pointing out that the consumer durables sector will benefit the most.
Jun 09, 2015, 16:36 PM IST
RBI lowers GDP growth forecast to 7.6% for FY16
The Reserve Bank on Tuesday lowered the economic growth forecast for the current fiscal to 7.6 percent from 7.8 percent projected in April, citing various risks, including poor monsoon and rising crude oil prices.
Jun 02, 2015, 16:01 PM IST
RBI estimates current account deficit at 1.5% in FY16
Current account deficit is estimated to be around 1.5 percent of the GDP in the current fiscal, helped by sharp fall in oil prices even as gold imports rose in the past few months, the Reserve Bank said on Tuesday.
Jun 02, 2015, 15:34 PM IST
India's GDP may grow at 7.7% in FY16: Standard Chartered
The country's economic growth is likely to accelerate to 7.7 percent in the current fiscal on account of improvement in investment and household consumption expenditure, Standard Chartered said in a report.
Jun 01, 2015, 22:18 PM IST
India hungry for rate cut despite economic growth seen outstripping China
The RBI has already cut rates twice this year after inflation fell within its comfort zone, but it left them unchanged in April.
May 29, 2015, 09:27 AM IST
GDP growth to slow to 7.2% in January-March quarter: Moody's
As per CSO's new GDP data, the Indian economy expanded by 6.9 percent in 2013-14 and for 2014-15 the growth is estimated at 7.4 percent.
May 28, 2015, 14:37 PM IST
Exports to China to pace up at 14% a year in 2020-30: HSBC
Exports to China are expected to grow by around 14 percent a year in the decade to 2030, potentially outpacing outbound shipment growth to any other country, said an HSBC trade forecast report.
May 28, 2015, 12:35 PM IST
GDP growth may expand 7.8% this fiscal: HSBC
India's GDP growth is likely to pick up pace and expand by 7.8 percent during this fiscal and higher next year on the back of improved urban consumption, says a HSBC report.
May 05, 2015, 22:45 PM IST
GDP to grow at 8.1-8.5% in FY16: Govt
Benign oil prices, likely monetary policy easing and government reform initiatives will help the Indian economy to grow at 8.1-8.5 percent in the current fiscal, Parliament was informed Tuesday.
May 05, 2015, 17:54 PM IST
Spectrum auction proceeds to help plug fiscal deficit: Moody's
The fiscal deficit target for 2014-2015 is pegged at 4.1 percent of GDP and for the next fiscal at 3.9 percent.
Mar 26, 2015, 17:24 PM IST
Emerging markets must prepare for US rate hike: IMF chief
In a speech in Mumbai, Managing Director Christine Lagarde warned the so-called "taper tantrum" that slammed emerging markets in 2013 could be repeated.
Mar 17, 2015, 16:58 PM IST
India has historic chance to grow, don't obstruct: FM Jaitley to Opposition
With a number of key reforms bills stuck, government on Tuesday appealed to the opposition not to play "obstructionist" as the country has the "historic opportunity" to grow and the GDP is expected to go beyond 8 percent next year, overtaking China.
Mar 17, 2015, 16:36 PM IST
GDP to remain comprehensive measure of economy: Govt
The Gross Domestic Product will remain a comprehensive measure to capture changes in the economic activity and it will not be replaced by Gross Value Addition (GVA), Parliament was informed Wednesday.
Mar 04, 2015, 15:41 PM IST
'GDP forecast not in sync with tax collection, credit growth'
Raising questions about the new methodology pushing up the GDP forecast to 7.4 percent for the current fiscal, economists have said it is not in sync with key parameters such as tax collections and credit growth.
Feb 10, 2015, 18:09 PM IST
India needs to grow at 7-8% a year: Sinha
India needs to grow at 7-8 percent a year to create more job opportunities for young people and double the size of the economy in 10 years, Minister of State for Finance Jayant Sinha said.
Feb 04, 2015, 12:48 PM IST
CAD in 2014-15 estimated at 1.3%: RBI
Current account deficit is estimated to come down to 1.3 percent of GDP in the fiscal ending March, helped by moderation in petroleum and gold imports, the Reserve Bank said Tuesday.
Feb 03, 2015, 14:25 PM IST
Base year change pushes GDP growth to 6.9% in 2013-14
The economic growth rate was Friday revised upwards to 6.9 percent for 2013-14, as against 4.7 percent estimated earlier, after the government updated the base year for measuring national accounts.
Jan 30, 2015, 19:05 PM IST
Base year for GDP revised; new base will be 2011-12
A new series of national accounts with 2011-12 as base year for computing economic growth rate has been released Friday, which may provide some cushion to government struggling to meet fiscal deficit target.
Jan 30, 2015, 17:59 PM IST
India's growth to reach 6.3% in 2016: UN report
India will see a gradual growth acceleration with its GDP expected to reach 5.9 percent this year and 6.3 percent in 2016, the UN said Monday while partly crediting the recovery to improved market sentiment after the new government took office and announced key reforms.
Jan 19, 2015, 20:38 PM IST
