Economic Survey: Containing fiscal deficit a challenge next fiscal
Government will be able to achieve the fiscal deficit target of 3.9 percent in the current fiscal, but containing it in 2016-17 will be a challenge on account of additional outgo towards 7th Pay Commission and a slowing global economy.
Feb 26, 2016, 14:48 PM IST
Fiscal deficit target likely to be 3.7% for FY17: DBS
The pace of fiscal tightening is likely to slow down next fiscal, with the government's deficit target expected to be higher at 3.7 percent of GDP, says a DBS report.
Feb 23, 2016, 19:35 PM IST
Indian economy to grow robustly at 7.4% next fiscal: OECD
The Organisation for Economic Cooperation and Development (OECD) has raised India's growth forecast compared to 7.3 percent expansion projected in November 2015.
Feb 18, 2016, 23:17 PM IST
India GDP likely to clock 7.8% growth in 2016: Nomura
India's industrial recovery process is likely to be gradual owing to external headwinds and weak private sector investment, still the country is expected to clock a GDP growth of 7.8 percent in the next fiscal, says a report by Nomura.
Feb 15, 2016, 14:54 PM IST
'India needs 7.3% labour productivity rise for 9% GDP growth'
The country's labour productivity grew 4.2 percent in 2014-15, and to attain the double-digit growth of 10 percent, labour productivity growth will have to be nearly doubled to 8.3 percent.
Feb 11, 2016, 21:06 PM IST
Indian economy, stock markets doing better than others: Finance Ministry
Trying to soothe the nerves of jittery investors, Finance Ministry on Thursday said the Indian economy is doing well and the performance of domestic stock markets is not as bad as that of other nations.
Feb 11, 2016, 19:10 PM IST
India Inc sees economic recovery on right track
India Inc Monday said the country's economic recovery seems to be on right course with GDP projected to grow at a 5-year high of 7.6 percent in 2015-16 and hoped the growth will further improve in coming days.
Feb 08, 2016, 23:40 PM IST
India's economic growth for 2014-15 revised down to 7.2%
GDP growth rate for 2013-14 has also revised downwards to 6.6 percent from earlier estimate of 6.9 percent.
Jan 29, 2016, 20:05 PM IST
India's 2015 GDP growth revised down to 7.2%
GDP growth rate for the fiscal year 2013-14 also revised downwards to 6.6 percent from earlier estimate of 6.9 percent.
Jan 29, 2016, 18:05 PM IST
'India projected to be world's fastest growing economy'
Describing India as a "bright spot" in the backdrop of gloomy economic outlook globally, a senior Singaporean minister has said the country was projected to be the world's fasted growing economy and Singapore's close economic cooperation with it would be mutually beneficial.
Jan 27, 2016, 12:13 PM IST
India changing tax laws for stability, predictability: FM Jaitley
India is gradually transforming most of its taxation laws for a greater degree of stability and predictability, finance minister Arun Jaitley said on Thursday, stressing that the proposed Goods and Services Tax (GST) is a major step in this direction.
Jan 21, 2016, 14:26 PM IST
Govt may miss fiscal deficit target again, gap seen at 4.1%: Ind-Ra
The lower GDP growth is likely to result in the government breaching the FY16 fiscal deficit target of 3.9 percent by 0.20 percent, domestic rating agency India Ratings said Tuesday.
Jan 19, 2016, 17:46 PM IST
Industrial recovery to be gradual, 2016 GDP growth at 7.8%: Nomura
Sharp contraction in factory output is just an "aberration" and underlying industrial growth is still positive, Nomura has said in a research note, adding that the country is expected to clock a GDP growth of 7.8 percent in 2016.
Jan 17, 2016, 12:12 PM IST
Growth in states must for India to fight poverty: FM Jaitley
Strong economic growth in states is "imperative" for pushing up the country's GDP and giving it a "cutting edge" to fight poverty and generate jobs, Finance Minister Arun Jaitley said Friday.
Jan 08, 2016, 15:23 PM IST
India to remain bright spot in global economy: World Bank
In its latest Global Economic Prospect report - which is released every six months -- the World Bank marginally reduced India's growth rate -- 0.2 percent in 2015 and 0.1 percent in both 2016 and 2017.
Jan 07, 2016, 10:56 AM IST
India needs additional 1.5% growth to sustain wage hikes, benefits
India needs to grow by additional 1-1.5 percent so that it can sustain wage hike and other benefits given to workers and the poor, Finance Minister Arun Jaitley said Wednesday.
Dec 30, 2015, 16:51 PM IST
World Bank may revise India's economic growth projection in January review
Recession in Brazil and Russia and slowdown in China have made India the leading economy in terms of growth prospects for the first time this year.
Dec 26, 2015, 17:14 PM IST
Indian economy to grow over 8% this fiscal: Panagariya
Helped by a pick up in manufacturing, the country's GDP witnessed a growth of 7.4 percent in July-September, to become the fastest growing major economy.
Dec 23, 2015, 16:45 PM IST
India may see slow, but sustainable economic recovery: Morgan Stanley
According to the global financial services major, the revival will be driven by a pick-up in capex (more public than private), urban consumption and normalisation in exports.
Dec 22, 2015, 14:34 PM IST
Indian economy to more than double to $5 trillion in 10 years
The size of the Indian economy will more than double to USD 5 trillion if 7 percent growth rate is sustained for next 10 years, Minister of State for Finance Jayant Sinha said Saturday.
Dec 19, 2015, 18:09 PM IST
