April-August fiscal deficit at 66.5% of Budget estimate
April-August fiscal deficit at 66.5% of Budget estimate

The fiscal deficit in the first five months of the current fiscal ended August stood at Rs 3.69 lakh crore, or 66.5 percent, of Budget estimates for 2015-16.

Fitch lowers India GDP forecast to 7.5% for 2015-16
Fitch lowers India GDP forecast to 7.5% for 2015-16

This comes a day after Reserve Bank revised downwards its real GDP forecast for 2015-16 to 7.4 percent from earlier expectation of 7.6 percent, saying growth is expected to pick up in the latter part of the fiscal.

Brazil to generate more GDP if cuts carbon emissions

 Brazil can generate an extra $148 billion of gross domestic product (GDP) from 2015 to 2030 if the government adopts measures to reduce carbon emissions, a report says.

'Achieving 25% of GDP from manufacturing, 100 mn jobs by 2022 difficult'
'Achieving 25% of GDP from manufacturing, 100 mn jobs by 2022 difficult'

Considering the rate at which the Modi government's ambitious 'Make in India' initiative is progressing, its target of creating 100 million jobs and achieving 25 percent of GDP from manufacturing sector by 2022 may be difficult to meet, says a recent survey.

CAD narrows to 1.2% of GDP at $6.2 billion in Q1
CAD narrows to 1.2% of GDP at $6.2 billion in Q1

The June quarter CAD figure is lower than USD 7.8 billion, or 1.6 percent of GDP, in the year-ago period, but higher than 0.2 percent for the March quarter.

FPIs dump shares worth Rs 4,000-cr in just 4 trading sessions

Foreign investors have pulled out nearly Rs 4,000 crore from the stock markets in the last four trading sessions amid weak GDP numbers and lacklustre global cues.

Gender parity in workforce can boost India's GDP by 27%: Christine Lagarde

India's GDP can expand by a whopping 27 percent if the number of female workers increases to the same level as that of men, International Monetary Fund's chief Christine Lagarde said Sunday.

Barclays sees uptick Q2 growth on govt spending

The GDP growth is likely to strengthen, largely driven by an uptick in public spending. Moreover, consumption trends are also expected to remain "generally supportive", Barclays said in a research note.

Post GDP data, India Inc presses for cheaper capital

With economic growth slowing to 7 percent in the April-June quarter, India Inc said on Monday the subdued performance indicates that the cost of capital needs to come down, demanding a rate cut by RBI.

Expert views: Economic growth slows to 7% in April-June

India`s economic growth slowed to a lower-than-expected 7 percent in the three months through June from 7.5 percent in the previous quarter, government data showed on Monday.

India's economic growth disappoints at 7% in April-June quarter

Despite backed by a strong growth in mining, manufacturing and construction sectors, the country's economic growth of 7 percent was seen as disappointing.

Sensex trips 109 points ahead of GDP data; Nifty down 31 points

In a highly volatile trade, market benchmark Sensex Monday dropped over 109 points and the Nifty slipped below the 8,000-mark due to selling by funds and retail investors ahead of the release of June quarter GDP data and weakness in domestic currency.

Indian economy offers hope as China struggles

The median estimate from a Reuters poll of economists put GDP annual growth at 7.4 percent in the quarter, just below 7.5 percent in January-March.

Govt can spend Rs 37,200-cr more and still meet deficit target

The government can spend an additional Rs 37,200 crore more this fiscal year in infra investments or bank recapitalisation and still not miss the 3.9 percent fiscal deficit target, the domestic ratings agency India Ratings said in a report Wednesday.

DNA: Noida expressway turning into 'accident blackspot'

Alarming number of accidents on the Noida-Greater Noida Expressway have raised serious questions on road safety.

GDP numbers not flawed, CSO on right track: NSC

Clearing the air over the new GDP numbers, National Statistical Commission (NSC) chairman Pronab Sen on Tuesday said that Central Statistics Office (CSO) is following the correct methodology for computing national accounts and is on the right track.

Naxalism making a huge dent into Chhattisgarh GDP: Raman

Chief Minister Raman Singh Friday admitted that the problem of Naxalism is putting a huge dent into the GDP of Chhattisgarh, as the government has to spend huge amount of money towards rebuilding infrastructure and inducting police personnel.

GDP to grow at 8% in FY16, Sensex at 33,500 by Dec: Nomura

Maintaining a bullish stance on the Indian economy, Japanese brokerage Nomura Thursday projected a 8 percent GDP growth for the current fiscal year while retaining its Sensex target at 33,500 by December.

Economic recovery work in progress: Rajan
Economic recovery work in progress: Rajan

The Reserve Bank on Tuesday retained the growth projection for the current fiscal at 7.6 percent, saying economic recovery is still work in progress though outlook is gradually improving.

India's CAD likely to widen in June quarter: Report

India's current account deficit (CAD) is likely to widen in the June quarter to 1.8-2.0 percent of GDP while for the current financial year, it is likely to remain under control, says a DBS report.