GDP growth picks up to 6.3%; Jaitley says impact of GST and note ban behind us
Gross domestic product grew 6.3 percent in July-September, its fastest pace in three quarters, the data showed.
Nov 30, 2017, 17:32 PM IST
World Bank lowers India's growth forecast, warns govt on internal bottlenecks
India's economic momentum has been affected by disruptions from the withdrawal of banknotes and uncertainties around the Goods and Services Tax (GST), the World Bank said in its South Asia Economic Focus, a biannual economic update.
Oct 11, 2017, 10:59 AM IST
FM hopeful of 7% GDP as manufacturing 'bottoms out'
The Economic Survey had projected a growth of 6.75 percent to 7.5 percent for 2017-18.
Aug 31, 2017, 22:30 PM IST
India Inc expresses disappointment over weak GDP data
India Inc on Thursday expressed disappointment over the country's economic growth, which slipped to a three-year low of 5.7 percent in April-June.
Aug 31, 2017, 20:59 PM IST
Indian economy grows at slowest pace under Modi government, hits 3-year low of 5.7% in April-June
India's GDP growth slipped to 13-quarter low of 5.7 percent year-on-year during the April-June quarter as compared to 6.1 percent in January-March, government data showed on Thursday.
Aug 31, 2017, 17:33 PM IST
Need 10 champions of states to achieve high growth rate: Niti Aayog CEO Amitabh Kant
Kant lamented that ambition and hunger in private sector to capture global market just does not exist in India.
Aug 31, 2017, 14:16 PM IST
GST to help India achieve 9% growth rate: Niti Aayog CEO
The Goods and Services Tax, to be rolled out next month as the biggest tax reform since independence, will help India achieve 9 percent growth rate, NITI Aayog CEO Amitabh Kant said on Tuesday.
Jun 06, 2017, 14:06 PM IST
India's GDP growth to recover to 7.2% this fiscal: UBS
India's GDP growth is expected to recover from 7.1 percent in 2016-17 to 7.2 percent this fiscal and further to 7.7 percent in 2018-19 largely driven by the government's reform push and recovery in private investments, says a report.
Jun 02, 2017, 14:43 PM IST
'For 8 % GDP growth, manufacturing needs to grow at 12-14%'
India's manufacturing sector needs to grow at 12-14 percent for the country's overall growth rate to touch 8 percent, NITI Aayog member V K Saraswat said on Thursday.
Jun 01, 2017, 18:02 PM IST
India's growth to accelerate to 7.4% in 2017-18: ADB
The Asian Development Bank (ADB) on Thursday said that India's growth rate will improve to 7.4 percent during 2017-18 and go up further to 7.6 percent in the next fiscal, remaining ahead of China.
Apr 06, 2017, 12:06 PM IST
IMF cuts India's growth rate to 6.6% from 7.6% due to impact of demonetisation
The International Monetary Fund (IMF) on Monday cuts India's growth rate to 6.6 percent from 7.6 percent due to impact of demonetisation taken by the Modi government in November.
Jan 16, 2017, 19:41 PM IST
India on the cusp of a leap towards higher growth trajectory, says President
President Pranab Mukherjee on Friday said India is on the cusp of a leap towards a higher economic growth trajectory.
Dec 23, 2016, 19:52 PM IST
America's economy is dying, needs to be compared with India's high growth rate: Trump
Republican presidential nominee Donald Trump said America's job reports is "anemic"and "terrible" and the country is losing its businesses.
Oct 20, 2016, 10:30 AM IST
India has low debt burden, growth outlook promising: HSBC
India with a low leverage score looks promising among emerging Asian countries, which can deliver a solid growth rate and where the potential for a significant expansion is maximum, says an HSBC report.
Jun 15, 2016, 19:22 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
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
7% GDP growth not enough: FM Jaitley
Finance Minister Arun Jaitley on Friday said 7 percent growth rate recorded in the first quarter of current fiscal "is not just enough", though many thought it was a fair growth rate.
Sep 18, 2015, 18:29 PM IST
'Weak exports to hit growth by 0.40% in 2015'
A slowdown in exports is likely to bring down India's growth rate by 0.40 percentage point in 2015, a report by global brokerage firm HSBC has said.
May 26, 2015, 13:59 PM IST
'India can become $5 trillion economy in 10-12 years'
India can become USD 5 trillion economy in the next 10 years if it grows at an average 7-8 percent, Minister of State for Finance Jayant Sinha said Tuesday.
Nov 25, 2014, 19:52 PM IST
India coming out of economic slowdown: OECD
The economy is to expand by 5.4 percent this fiscal, OECD said adding India was recovering faster than other economies which faced slowing growth.
Nov 19, 2014, 17:51 PM IST
