India's GDP Growth

Reforms to aid growth; banking sector risks remain: Moody's

Moody's Investors Service on Monday said continued reforms to enhance business environment and moderate inflation will help India achieve robust growth but cautioned that rising contingent liability risks in the banking sector could affect its credit quality.

Aug 22, 2016, 13:09 PM IST

RBI may hold rates on Aug 9, FY17 growth likely at 7.4%: UBS

Indian economy is expected to clock a growth of 7.4 percent this fiscal, and on the policy front, the Reserve Bank is likely to leave key rates unchanged at its August meet, says a UBS report.

 

Aug 05, 2016, 16:54 PM IST

Employment growth has slowed down in last 3 years: Govt

Employment growth has shown signs of slowdown in key labour-intensive and export-oriented sectors, despite GDP growth of up to 7.6 percent in the last three years, Parliament was informed Wednesday.

Aug 03, 2016, 16:21 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

India should continue fiscal consolidation for better prospect: IMF

In order to reduce external vulnerabilities and improve investment prospects, the government should continue with its fiscal consolidation activities including passage of GST Bill, further subsidy reforms and easing domestic supply bottlenecks, says an IMF report.

Jul 28, 2016, 14:56 PM IST

Monsoon to push GDP growth to over 8% this fiscal: Panagariya

A good monsoon can help add "a percentage point" to India's GDP growth in the current fiscal, from 7.6 percent in 2015-16, NITI Aayog Vice Chairman Arvind Panagariya said Wednesday expressing confidence in crossing the 8 percent mark.

Jul 27, 2016, 13:16 PM IST

HSBC says GDP data concerns stay, India to grow slower at 7.4%

India's economy may grow at a slightly slower pace of 7.4 percent this fiscal amid weaker global demand and risk aversion, says an HSBC report, flagging "methodological concerns" in computation of official GDP data.

Jul 07, 2016, 15:09 PM IST

Modi govt slow to match its rhetoric on economic reforms; 7.5% growth rate may be overstated: US

Underlining that India's 7.5 percent growth rate may be "overstated", the US has said the Narendra Modi government has been "slow" to match its rhetoric in economic reforms even as it appreciated measures taken by it in areas like bureaucracy and easing FDI restrictions.

Jul 06, 2016, 10:09 AM IST

'India's growth to be challenged by subdued global demand'

India's growth over the coming years will be challenged by lacklustre global demand, high corporate leverage and impaired credit supply, Moody's Investors Service Tuesday said.

 

Jul 05, 2016, 15:22 PM IST

Ind-Ra lowers FY17 CAD estimate to 1.3-1.5%

India Ratings and Research has revised its FY17 estimate for the country's current account deficit (CAD) to 1.3-1.5 percent of GDP from 1.2 percent due to lower remittances and lower software earnings in fourth quarter for the current fiscal.

Jun 17, 2016, 19:16 PM IST

World Bank downgrades India's growth rate by 0.2%, predicts 7.6% growth

The bank also modified its projections for India's growth rate in 2017 and 2018 by a marginal down gradation of 0.2 percent to 7.7 percent growth in both the years.

Jun 09, 2016, 10:04 AM IST

Reality of Indian GDP growth rate?

Watch this special segment and get to know,Reality of Indian GDP growth rate?

Jun 02, 2016, 11:15 AM IST

India's growth to remain 'strong'; to hover around 7.5% in FY17

Remaining one of the fastest growing economies, India is projected to see a growth of around 7.5 percent in the current financial year even as the world economic growth is "stuck in a low-growth trap", says OECD.

Jun 02, 2016, 10:28 AM IST

Finance Ministry expects GDP growth to improve to 8% in 2016-17

Pinning hopes on better monsoon, the Finance Ministry Tuesday said it expects GDP growth rate to notch up to 8 percent in the current financial year.

May 31, 2016, 20:31 PM IST

India's per capita income rises 7.4% to Rs 93,293

India's per capital income rose by 7.4 percent to Rs 93,293 in 2015-16, compared to Rs 86,879 in the preceding fiscal, government data showed Tuesday.

 

May 31, 2016, 20:15 PM IST

Govt achieves 3.9% fiscal deficit target in 2015-16

Government on Tuesday said it has achieved the fiscal deficit target of 3.9 percent of GDP in 2015-16.

 

May 31, 2016, 20:06 PM IST

India to clock GDP growth of 7.4% in FY17: HSBC

India's GDP is likely to "auto correct", and the headline growth of the country in this fiscal is expected to remain flat at 7.4 percent, says an HSBC report.

May 04, 2016, 16:56 PM IST

India's consumption, GDP growth to get boost from 'La Nina'

The probability is improving for a La Nina event leading to a good monsoon in India which could provide a major boost to consumption, investment and GDP growth, says a Deutsche Bank report.

 

Apr 21, 2016, 16:36 PM IST

India's GDP growth likely to be 7.7% this fiscal: Citigroup

 Gradual fiscal recovery is likely to push the GDP growth numbers of the country to 7.7 percent in this financial year, says a Citigroup report.

Apr 18, 2016, 15:36 PM IST

Good monsoon to send encouraging signals for inflation, growth

The above normal monsoon forecast by Met department is likely to bring encouraging signals for the Indian economy both in terms of inflation and growth prospects, says an SBI Research report.

Apr 18, 2016, 15:31 PM IST