Slow governance responsible for decline in growth: Rajan
Attributing decline in economic growth to "slow governance" and faulty allocation of natural resources, RBI Governor Raghuram Rajan has said GDP will improve to 7 percent in next three years on back of political stability.
Sep 05, 2014, 19:06 PM IST
Gross NPAs of PSU banks to be about 4.4% in FY'15: ICRA
PSU banks' gross NPAs are to be at 4.4-4.7 percent as on March 31, 2015, as against 4.4 percent as on March 31, 2014 and 4.6 percent as on June 30, 2014, said the ICRA report.
Sep 04, 2014, 20:43 PM IST
Economy warms in after-glow of Modi's triumph
India`s new prime minister has promised to make it easier to do business through speedier clearances and stable tax policies, allowing investors in Asia`s third-largest economy hope of a rosier future after years of low growth and high inflation.
Aug 29, 2014, 09:21 AM IST
Moody's project Apr-June quarter GDP growth at 5.1%
Rating agency Moody's expects the GDP to grow at 5.1 percent in the first quarter (April-June) of current fiscal, better than 4.7 percent clocked a year ago.
Aug 27, 2014, 14:41 PM IST
Successful policy implementation to make India $4.5 trillion economy
According to the global business information, knowledge and insight provider, India is likely to achieve an average growth rate of around 7.5 percent during FY15-FY20.
Aug 22, 2014, 17:46 PM IST
RBI sees no big impact of weak monsoon on growth, farm output
The impact of weak monsoon so far this year on India's farm production and economy is likely to be limited, the central bank said today, as rainfall levels have improved considerably over the past one month.
Aug 21, 2014, 19:34 PM IST
June quarter GDP to be at 6%; FY15 GDP at 5.4%: BofA-ML
India's GDP growth rate in the first quarter of this fiscal year is likely to be around 6 percent up from 4.6 percent in March, driven up by higher industrial growth, a Bank of America Merrill Lynch report says.
Aug 21, 2014, 17:59 PM IST
India risks loss of 8.7% of GDP by 2100 on climate change: ADB
A global failure to respond to climate changes could result in about 8.7 percent economic loss in India's Gross Domestic Product (GDP) by 2100, Asian Development Bank said on Tuesday.
Aug 19, 2014, 17:23 PM IST
Arun Jaitley for rationalising subsidies
Finance Minister Arun Jaitley on Saturday said the ballooning subsidy bill needs to be lowered by rationalising the dole-outs.
Aug 16, 2014, 16:15 PM IST
India to surpass US economy by mid-21st century: Vietnam expert
India was the "honour" of the BRICS group of nations and its economy will exceed that of the US by the middle of this century, a Vietnamese expert said here Tuesday.
Aug 12, 2014, 21:24 PM IST
Q1-FY15 GDP growth likely to rebound to 6 pc: Stanchart
India's GDP growth rate in the first quarter of this fiscal year is likely to be around 6 percent- the strongest pace of growth in last nine quarters, a Standard Chartered report says.
Aug 11, 2014, 21:06 PM IST
India Ratings ups GDP growth estimate to 5.7%, predicts fiscal slippage
The agency said industrial growth will improve to 5.1 percent as against the earlier estimate of 4.1 percent.
Aug 07, 2014, 16:01 PM IST
'India reached inflection point, economy may recover in 2015'
Japanese brokerage house, Nomura on Wednesday said India has reached an "inflection point" and the economy is likely to recover in 2015.
Aug 06, 2014, 21:09 PM IST
Fiscal deficit of 4.1% an ambitious target: Rajan
Reserve Bank Governor Raghuram Rajan on Wednesday said 4.1 percent fiscal deficit goal set by the government for the current fiscal is an "ambitious target".
Aug 06, 2014, 16:25 PM IST
4.1% fiscal deficit target a daunting challenge: Jaitley
Finance Minister Arun Jaitley on Friday said the fiscal deficit target of 4.1 percent of GDP for the current fiscal is a "daunting" task and announced the subsidy bill will be reduced progressively.
Aug 01, 2014, 16:22 PM IST
Fitch retains India's rating; revision depends on bold reforms
Fitch Ratings on Thursday said it has retained the 'BBB-' sovereign rating - the lowest investment grade - on India and a revision will depend on the government's efforts to usher in bold reforms.
Jul 31, 2014, 16:35 PM IST
GDP expected to grow by 5.2-5.7% in FY15: NCAER
With manufacturing sector showing signs of nascent recovery, economic think tank NCAER expects India's GDP to expand at 5.2-5.7 percent this fiscal.
Jul 28, 2014, 21:58 PM IST
GDP growth to improve this fiscal: Jaitley
India's economic growth is expected to improve during the current fiscal from 4.7 percent in 2013-14, helped by a revival in industrial growth, improved fiscal health and external economic situation, Parliament was informed today.
Jul 18, 2014, 16:13 PM IST
ADB projects 5.5% growth for India in 2014-15
Expectations of economic reform by Prime Minister Narendra Modi's new govt mean that the Manila-based lender has raised its 2015 growth forecast for India to 6.3 percent from 6.0 percent.
Jul 18, 2014, 10:13 AM IST
Rating agencies say Jaitley's fiscal targets hard to achieve
Rating agencies on Friday said Finance Minister Arun Jaitley's assumption of containing fiscal deficit at 4.1 percent of GDP is difficult to achieve given the poor outlook on the revenue front and absence of reduction in subsidies.
Jul 11, 2014, 17:03 PM IST
