'Gradual recovery in economy, neutral near-term policy stance likely'
The Indian economy is expected to witness gradual recovery with growth likely to bounce back to an average of 7.5 percent in the second half of this year and 7.7 percent in 2018, says a Nomura report.
May 02, 2017, 14:32 PM IST
GST rollout to push India's medium-term growth to over 8% but bad loans still a problem: IMF
The ambitious Goods and Services Tax to be implemented from July 1 would help raise India's medium-term growth to above eight percent, the International Monetary Fund has said adding that the reforms being done is expected to pay off in terms of higher growth in the future.
Apr 28, 2017, 10:54 AM IST
India's growth projected to bounce back in 2018: IMF
The IMF on Friday said that post demonetisation, India's growth is projected to rebound to 7.2 percent in fiscal year 2018 and further to 7.7 percent the next year.
Apr 21, 2017, 19:24 PM IST
IMF cuts India's growth forecast to 7.2% for 2017
The IMF on Tuesday trimmed India's annual growth forecast by 0.4 percentage points to 7.2 percent for 2017, citing the impact of demonetisation.
Apr 18, 2017, 18:57 PM IST
World Bank optimistic on India, predicts this year economic growth at 7.2%
India’s economic momentum is expected to pick up speed from 6.8 percent in 2016 to 7.2 percent by 2017 after a modest setback due to weaker than expected investments and the effects of the withdrawal of large denomination bank notes.
Apr 17, 2017, 09:34 AM IST
India's GDP growth may slip to 6.7% in March quarter: Nomura
India's GDP growth is likely to decelerate to 6.7 percent in March quarter but it will gradually recover to around 7.7 percent in 2018 supported by higher consumption and public spending, says a report.
Apr 13, 2017, 12:49 PM IST
Change in base year for GDP a regular global practice: Govt
Change of base year to calculate GDP is done in line with the global exercise to capture economic information accurately, the government said on Wednesday.
Apr 05, 2017, 17:40 PM IST
India's current account deficit widens to 1.4% of GDP in October-December quarter
The current account deficit (CAD) widened to USD7.9 billion or 1.4 percent of GDP in the October-December quarter on account of higher trade deficit.
Mar 23, 2017, 18:29 PM IST
PM Narendra Modi hopes for breakthrough on GST legislation
As the Budget session of Parliament resumed Thursday, Prime Minister Narendra Modi hoped there will be a breakthrough on the Goods and Services Tax (GST) bill and that issues will be discussed in a democratic manner.
Mar 09, 2017, 21:38 PM IST
Icra sees CAD rising to 1.2% next fiscal on rising crude, gold
Ratings agency Icra on Thursday said higher oil and gold imports will end the four-year trend of moderation in the current account deficit (CAD) in 2017-18, and the gap will widen to USD 30 billion or 1.2 percent of the GDP.
Mar 09, 2017, 18:34 PM IST
Inflation under control, GDP unhurt by note ban: PM Modi
Prime Minister Narendra Modi on Tuesday said his government has been able to tame inflation which had gone out of control before 2014 and no political party could raise the issue during the polls in five states.
Mar 07, 2017, 19:48 PM IST
Report on demonetisation's impact next month: Parl panel
A key Parliamentary panel is likely to submit its report on the impact of demonetisation next month after reviewing various submissions, including by RBI Governor Urjit Patel.
Mar 07, 2017, 17:54 PM IST
Demonetisation impact on GDP may be seen this quarter; remonetisation should be completed in 2-3 months: RBI
Demonetisation impact on GDP may be seen in the current quarter in some segments, while the remonetisation excersise should be completed in 2-3 months, RBI Deputy Governor Viral V Acharya said on Monday.
Mar 06, 2017, 20:53 PM IST
Mcap of BSE-listed companies soars to record high of Rs 118 lakh crore
Total market valuation of all BSE-listed companies today surged to all-time high of over Rs 118 lakh crore after a rally in the broader market.
Mar 01, 2017, 19:31 PM IST
GDP surprise takes market to 6-month high, Sensex soars 241 points
The NSE Nifty also moved up 66.20 points, or 0.75 percent, to 8,945.80 after shuttling between 8,960.80 and 8,898.60.
Mar 01, 2017, 17:32 PM IST
FY17 GDP to grow at 6.9%, will recover to 7.2% in FY18: BofAML
India is expected to clock a GDP growth of 6.9 percent this fiscal, which is likely to recover to 7.2 percent in 2017-18, says a Bank of America Merrill Lynch (BofAML) report.
Mar 01, 2017, 14:12 PM IST
GDP growth results came better then expected
GDP growth results came better then expected. Watch the full segment for more details.
Feb 28, 2017, 21:06 PM IST
India’s Q3 GDP grows at 7%; full year growth projection retained at 7.1% despite demonetisation concerns
India's Gross Domestic Product (GDP) grew at a rate of 7% in the October-December quarter of the fiscal year 2016-17 after factoring in the note ban impact.
Feb 28, 2017, 17:48 PM IST
GST adoption could raise India's medium-term GDP to over 8%: IMF
The adoption of the GST could help raise India's medium-term GDP growth to over eight percent and create a single national market for enhancing the efficiency of the movement of goods and services, the IMF said Wednesday.
Feb 22, 2017, 20:51 PM IST
India's GDP growth projected to slow to 6.6% post-demonetisation: IMF
India's growth is projected to slow to 6.6 percent in 2016-17 fiscal due to the strains that have emerged in the economy as a result of "temporary disruptions" caused by demonetisation, the IMF said Wednesday.
Feb 22, 2017, 20:44 PM IST
