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GDP grows 4.8% in Q2; fiscal deficit, inflation up

Last Updated: Friday, November 29, 2013, 18:35

The July-September period was the fourth successive quarter of economic growth below 5 percent and compared with 5.2 percent expansion in the same period last year.

India’s economic growth clocked at 4.8% for Q2

Last Updated: Friday, November 29, 2013, 17:32

India's economic growth hit a decade low of 5 percent in 2012-13 on account of poor performances in the farm, manufacturing and mining sectors.

India to hit 6% growth next fiscal, better H2 in FY14: Montek

Last Updated: Friday, November 29, 2013, 14:55

Planning Commission Deputy Chairman Montek Singh Ahluwalia Friday said India can achieve 6 percent economic growth next fiscal and that the second half of this fiscal could be better than the first.

India's GDP to grow at 5.4% in Q2 of FY'14: Assocham

Last Updated: Thursday, November 28, 2013, 16:06

The second-quarter GDP numbers are scheduled to be announced tomorrow.

India's Q2 GDP likely to have grown by about 4.5%: Experts

Last Updated: Wednesday, November 27, 2013, 19:48

The second-quarter GDP numbers are scheduled to be announced on November 29.

Icra sees Q2 GDP growth at 4.6%

Last Updated: Monday, November 25, 2013, 20:01

The economy may have grown 4.6 percent in the second quarter of the fiscal driven by higher industrial growth and pick-up in exports, rating agency Icra said Monday.

Fiscal deficit touches 76% of full-year target

Last Updated: Thursday, October 31, 2013, 17:33

Fiscal deficit was Rs 4.12 trillion during April-September, or 76 percent of the full-year target, government data showed on Thursday.

HSBC lowers India's FY'14 CAD forecast to 3.4%

Last Updated: Friday, October 25, 2013, 13:09

HSBC said the country's CAD is at an unsustainable level, and expected to gradually decline in the coming years and in 2014-15, it is likely to be at 3.2 percent of GDP.

India's FY'14 GDP growth to be 4.9%: Report

Last Updated: Wednesday, October 23, 2013, 14:05

India Ratings & Research (Ind-Ra) expects India's GDP growth to remain sluggish at 4.9 percent in the current financial year, due to a mix of domestic and external factors.

World Bank cuts India's 2013-14 GDP forecast to 4.7%

Last Updated: Wednesday, October 16, 2013, 15:14

Close on the heels of the IMF, the World Bank on Wednesday slashed India's economic growth forecast for the current financial year to 4.7 percent from an earlier projection of 6.1 percent.

IMF says GDP forecast based on market price, not factor cost

Last Updated: Thursday, October 10, 2013, 14:55

The IMF had yesterday projected the domestic economic growth at 3.8 percent in FY14 against 5.6 percent forecast in July.

MSME Min to ask banks' heads to improve credit flow to sector

Last Updated: Wednesday, October 09, 2013, 16:34

The Ministry of Micro, Small and Medium Enterprises will soon convene a meeting of chiefs of banks to persuade them to improve flow of credit to the MSME sector.