Govt lowers growth projection to 7-7.5% for 2015-16
The government on Friday lowered its economic growth forecast for 2015-16 to 7-7.5 percent from 8.1-8.5 percent, but said budget deficit target will be met as higher tax revenues offset a shortfall in PSU stake sale.
Dec 18, 2015, 20:19 PM IST
Goldman pegs India's GDP growth at 7.9% in FY17
Country's GDP is expected to grow by 7.9 percent next fiscal driven by rising domestic demand and higher capital spending by the government, even though global economy will remain anaemic, Goldman Sachs said Wednesday.
Dec 09, 2015, 20:31 PM IST
Indian economy can still grow 8% this fiscal: Arvind Panagariya
Expecting an upward revision of the first quarter GDP numbers, NITI Aayog Vice Chairman Arvind Panagariya on Friday said the Indian economy can still manage 8 percent growth rate this fiscal.
Dec 04, 2015, 18:23 PM IST
ADB keeps India's growth forecast unchanged at 7.4% this year
The Asian Development Bank (ADB) on Thursday kept its economic growth forecast for India unchanged at 7.4 percent for the current financial year and 7.8 percent for the next fiscal.
Dec 03, 2015, 14:05 PM IST
India GDP for second quarter 2015-16 grows at 7.4%; manufacturing spikes 9.3%
India's GDP for the second quarter of 2015-16 is 7.4%, slightly more than 7.1% growth observed in the first quarter.
Nov 30, 2015, 17:42 PM IST
India's economic growth will soon be in double digit: Rajnath
Taking a dig at the economic policies of the previous UPA government, Union Minister Rajnath Singh on Saturday said the country's economy was revived by the Modi government and India has now become the "hot favourite" destination for foreign investors.
Nov 28, 2015, 14:03 PM IST
Antim Baazi: Q2 GDP Growth estimated at 7.3%
Q2 GDP Growth is estimated at 7.3%. Factory output might increase from 3.5% to 4.7%.
Nov 27, 2015, 18:47 PM IST
Jul-Sept GDP growth seen at 7.3%; RBI to hold repo rate: DBS
India is likely to clock a GDP growth rate of 7.3 percent for the July-September quarter, DBS said in a research report, adding that the underlying trend in the country is "firming up".
Nov 26, 2015, 17:51 PM IST
'July-Sept GDP to grow 7.5%; 0.50% repo rate cut in H1 2016'
India is likely to clock a growth rate of 7.5 percent for the July-September quarter, while the Reserve Bank is expected to go for 50 basis points cut in interest rate in the first half of next year amid softer inflation, says a Barclays report.
Nov 22, 2015, 11:18 AM IST
Meeting FY17 fiscal deficit target of 3.5% a challenge: Citi
The central government's target to bring down fiscal deficit to 3.5 percent in 2016-17 is likely to become even more challenging, considering the rise in wage expenditure, a Citigroup report says.
Nov 20, 2015, 15:36 PM IST
India's current account deficit to be 1% of GDP in FY'16: Citi
India's current account deficit (CAD) is likely to be about 1 percent of the GDP in the current fiscal because of low crude prices and contained gold imports, says a Citigroup report.
Nov 17, 2015, 14:08 PM IST
News Live: Fitch estimates a chance of 8% GDP growth of India in 2016
Fitch estimates a chance of 8% GDP growth of India in 2016. Check out the detailed news in this video.
Nov 12, 2015, 15:59 PM IST
Easing of FDI norms to support investment, GDP growth: Fitch
Liberalisation of foreign direct investment (FDI) rules in 15 sectors is a significant structural macroeconomic reform that will support investment and real GDP growth over the long term, Fitch Ratings said Thursday.
Nov 12, 2015, 14:04 PM IST
Fiscal deficit to reduce to 3.7% of GDP by FY18: Deutsche Bank
Though two major thrusts like fuel subsidy reduction and capital expenditure compression have driven fiscal consolidation in recent years, hardly any progress has been made in improving revenue collection.
Nov 10, 2015, 16:32 PM IST
Growth in indirect tax collection reflects robust growth: CEA
Growth in collection of indirect taxes in the first seven months of the current fiscal shows robust GDP expansion, Chief Economic Advisor Arvind Subramanian has said.
Nov 10, 2015, 13:42 PM IST
Economic reforms should be inclusive, broad based: PM Modi
Addressing a gathering of economist at the 6th Delhi Economics Conclave, Modi said that efforts of the government to bring back black money stashed abroad have unearthed Rs 10,500 crore.
Nov 06, 2015, 17:34 PM IST
India expected to grow 7.5% in FY16, higher next year: Moody's
Projecting stable growth rate for India, Moody's Investors Service Monday said the economy would grow at 7.5 percent in the current fiscal and improve marginally in the following year.
Nov 02, 2015, 18:40 PM IST
Too early for India to replace China as global engine: BNP
India is quietly assuming the mantle of fastest-growing major emerging-market economy, but it is too small on economic parameters to replace China as a new global growth locomotive, a new report says.
Nov 01, 2015, 12:37 PM IST
India in goldilocks period; FY16 GDP likely at 7.6%: Nomura
The April-June quarter GDP slipped to 7 percent from 7.5 percent in the preceding quarter.
Oct 13, 2015, 14:06 PM IST
High indirect tax revenue reflects robust growth: CEA
Growth in collection of indirect taxes in the first half of the current fiscal shows robust GDP expansion, Chief Economic Advisor Arvind Subramanian has said.
Oct 10, 2015, 20:25 PM IST
