Good monsoon to help agriculture GDP grow by 7-8% in FY17: SBI
Country's agricultural GDP is most likely to witness a robust performance in 2016-17 and may even touch 7-8 percent if Met's prediction of a good monsoon comes true, says a SBI report.
Apr 14, 2016, 17:28 PM IST
Growth can surpass 7.5% if monsoon forecast comes true: FM Jaitley
India may grow faster than 7.5 percent GDP growth rate it recorded last year if predictions of above-average monsoon rainfall come true, Finance Minister Arun Jaitley has said.
Apr 14, 2016, 17:12 PM IST
India's robust growth to hasten South Asia's development: World Bank
India's robust growth will make South Asia the fastest-growing region in the world, with economic growth of the region projected to gradually accelerate from 7.1 percent in 2016 to 7.3 percent in 2017, the World Bank has said.
Apr 12, 2016, 16:06 PM IST
India's GDP to grow at 7.7% in 2017 and 7.5% in 2016: World Bank
According to the World Bank report, the GDP growth in India will be supported by a rebound in agriculture and stimulus from civil service pay reforms.
Apr 11, 2016, 22:38 PM IST
Proposed GST in India is of paramount importance: US
Underscoring the need for tax reforms in India, the US has said the proposed Goods and Services Tax (GST) is of paramount importance.
Apr 08, 2016, 10:08 AM IST
Global executives turn cautious on economic outlook: McKinsey
Executives' outlook for the economy has turned cautious and respondents are now more likely to express negative views on both global and domestic economic conditions, says a McKinsey report.
Apr 01, 2016, 16:00 PM IST
Jaitley in Australia: India to stay on high growth path for 10-20 years, says FM
India will continue on the current path of growth for a couple of decades more, bringing benefits of liberalisation to its people and eliminating the curse of poverty, Finance Minister Arun Jaitley said here Friday.
Apr 01, 2016, 13:34 PM IST
Invest and make in India: Jaitley to Australian businesses
Inviting Australian businesses to "invest and make in India", Finance Minister Arun Jaitley on Wednesday said sectors like railways, defence and manufacturing now offer huge scope for foreign investments with liberalised FDI norms.
Mar 30, 2016, 14:00 PM IST
ADB cuts India's growth forecast to 7.4% for 2016-17
The Asian Development Bank's (ADB) growth forecast of 7.4 percent for 2016-17 is substantially lower than its earlier projection of 7.8 percent.
Mar 30, 2016, 12:22 PM IST
Arun Jaitley in Australia: FM invites funds to invest in India; assures ease of business
India needs to further ease its business processes to boost investments, Finance Minister Arun Jaitley said Tuesday while inviting foreign sovereign wealth funds to be part of the country's infrastructure, pension and insurance funds.
Mar 29, 2016, 18:57 PM IST
State governments likely to run wider fiscal deficit in FY17: HSBC
State governments are likely to run wider fiscal deficit in financial year 2016-17 because of higher interest bill and wage hike pressures, an HSBC report said on Monday.
Mar 28, 2016, 18:36 PM IST
Range-bound fiscal targets can confuse markets, says Nomura
Adoption of a fiscal deficit target range before achieving the 3 percent goal will be considered as a "shallower path" in the fiscal consolidation process, Japanese brokerage Nomura said Wednesday.
Mar 23, 2016, 19:05 PM IST
India should attract firms moving out of China: Arvind Panagariya
In order to create jobs on a large scale, India should emerge as an attractive destination for big manufacturing firms that are moving out China because of rising wages and demographic transition, NITI Aayog Vice Chairman Arvind Panagariya said.
Mar 22, 2016, 14:15 PM IST
Growth prospects positive as reforms gain traction: D&B
As per the report, the growth prospects of the Indian economy for 2016-17 would be highly dependent on domestic drivers of growth with very little support seeping in from the global market.
Mar 21, 2016, 14:27 PM IST
Achieving double digit growth in current global environment extremely difficult: FM Jaitley
Finance Minister Arun Jaitley on Thursday said that in the current global environment, achieving double digit growth is extremely difficult.
Mar 17, 2016, 10:58 AM IST
CAD may narrow to 0.7% of GDP in FY16, says Nomura
India's current account deficit is likely to narrow to 0.7 percent of the GDP in fiscal 2016 from 1.3 percent in FY15 largely owing to low commodity prices, a Nomura report said Wednesday.
Mar 16, 2016, 13:22 PM IST
India's GDP to grow at 7.9% in 2016-17: Crisil
The country's GDP can grow by 7.9 percent next fiscal if the monsoon is normal and government implements the reform measures announced so far, domestic rating agency Crisil said Friday.
Mar 11, 2016, 19:07 PM IST
Economic growth improving in India: Jaitley
The economic growth rate is expected to increase to 7.6 percent in 2015-16, Finance Minister Arun Jaitley said Tuesday.
Mar 08, 2016, 20:28 PM IST
Fitch maintains India's growth forecast at 7.5% for 2015-16
Fitch Ratings on Monday maintained India's growth forecast at 7.5 percent for the financial year 2015-16 but added the economy would gradually accelerate to 7.7 percent in 2016-17.
Mar 07, 2016, 18:47 PM IST
RBI to go for rate cut as early as this month: Kotak
Government has stuck to the fiscal consolidation path and this is very positive for the interest rates scenario, eminent banker Uday Kotak said adding RBI is expected to go for a rate cut as early as this month.
Mar 01, 2016, 20:14 PM IST
