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economic growth
RBI pegs 5.7% growth for current fiscal RBI pegs 5.7% growth for current fiscal Projecting a modest pick-up in economic activity in the coming months, Reserve Bank on Friday pegged the Gross Domestic Product (GDP) growth rate for the current fiscal at 5.7 percent, significantly lower than the Finance Ministry's forecast of 6.1 to 6.7 percent.
India Inc expects RBI to cut interest rate India Inc expects RBI to cut interest rate India Inc has been demanding a rate cut to promote growth which fell to decade's low of 5 percent in 2012-13. The economic growth was 6.2 percent in 2011-12.
Core sector growth slips to a decade low of 2.6% in FY'13 Core sector growth slips to a decade low of 2.6% in FY'13 Reflecting slowdown in the economy, the growth rate of core infrastructure industries slipped to a decade low of 2.6 percent in 2012-13 mainly on account of declining output of crude oil and natural gas.
Indian economy to grow at 6.1% in FY14: World Bank Indian economy to grow at 6.1% in FY14: World Bank World Bank on Tuesday scaled down India's growth forecast to 6.1 percent for the current fiscal from 7 percent projected six months ago.
Innovation, reforms needed to spur economic growth: CII Innovation, reforms needed to spur economic growth: CII Reforms in governance as well as innovation across businesses needed to bring the slowdown-hit economy back to higher growth rate trajectory, industry body CII said Monday.
There is case for RBI to cut interest rate: Rajan There is case for RBI to cut interest rate: Rajan The RBI is slated to announce monetary policy for 2013-14 on May 3.
India's economic progress will depend on capability to innovate: President India's economic progress will depend on capability to innovate: President Asserting that India lags behind major economies in terms of innovation, President Pranab Mukherjee on Thursday said the country's economic progress will depend on our capability to innovate.
Pranab optimistic of revival of India's economic growth Pranab optimistic of revival of India's economic growth President Pranab Mukherjee on Thursday expressed confidence that the country would be able to return to the 7 to 8 percent growth level in the next two to three years.
India has potential to grow at 8%: Rangarajan India has potential to grow at 8%: Rangarajan Prime Minister's Economic Advisory panel Chairman C Rangarajan on Wednesday said India has potential to grow at 8 percent without fuelling inflation.
Fiscal deficit will be below 4.8% in FY'14: FM Fiscal deficit will be below 4.8% in FY'14: FM Finance Minister P Chidambaram on Wednesday assured the investors that he has drawn red lines and the fiscal deficit will be below the 4.8 percent mark in 2013-14.
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