India economy

Economy on recovery path, investments likely to pick up: CII

Economy on recovery path, investments likely to pick up: CII

CII President Rakesh Bharti Mittal said the impact of sustained structural reforms is now being felt on the ground as a mammoth economy is turning around.

May 28, 2018, 15:15 PM IST
India will soon overtake China’s economy under PM Modi's leadership: Shivraj Chouhan

India will soon overtake China’s economy under PM Modi's leadership: Shivraj Chouhan

Chouhan, who is currently on a six-day visit to the US, announced the Friends of Madhya Pradesh Summit in January, 2018

Oct 26, 2017, 08:23 AM IST
After Sinha, RSS-affiliate labour body tears into Modi govt; Ambani remains hopeful

After Sinha, RSS-affiliate labour body tears into Modi govt; Ambani remains hopeful

Saji Narayanan, National President of the Bharatiya Mazdoor Sangh, in a statement demanded the government declare a stimulus package towards employment generating activities in labour intensive sectors "to contain slowdown of the economy".

Sep 27, 2017, 13:53 PM IST
PM Modi to meet FM, officials to review economic situation today

PM Modi to meet FM, officials to review economic situation today

Increasing government spending, particularly on infrastructure, combined with quickly fixing the problems with GST may feature in tomorrow's deliberations.

Sep 18, 2017, 19:17 PM IST

India likely to clock GDP growth of 6.9% this fiscal

Indian economy is expected to recover in the coming quarters and the country is expected to clock a real GDP growth of 6.9 percent in this financial year, says a report.

Jul 06, 2017, 12:55 PM IST
India's services sector growth rises to 8-month high in June

India's services sector growth rises to 8-month high in June

Services sector activity in India rose to an eight-month high of 53.1 in June, driven by a sharp jump in new work orders, suggesting an economic rebound going forward.

Jul 05, 2017, 11:44 AM IST

Centre takes on Manmohan Singh for his 'economy running on one engine' remark

The Centre on Wednesday took on former prime minister Dr. Manmohan Singh for his `economy running on one engine` remark, saying that India is moving forward with the help of a single and solid engine under the leadership of Prime Minister Narendra Modi.

Jun 07, 2017, 13:24 PM IST
Q3 GDP data surprising; Indian economy to grow by 7.1% in current fiscal: Fitch

Q3 GDP data surprising; Indian economy to grow by 7.1% in current fiscal: Fitch

Indian economy will grow by 7.1 percent in current fiscal, 7.7 percent in 2017-18, rating agency Fitch said on Tuesday.

Mar 07, 2017, 10:29 AM IST
Q3 GDP data substantially impacted by demonetisation: Arun Jaitley

Q3 GDP data substantially impacted by demonetisation: Arun Jaitley

GDP number belies exaggerated claim by many that rural sector was in distress, FM added.

Mar 01, 2017, 16:03 PM IST
OECD cuts India growth to 7%, says India a star performer

OECD cuts India growth to 7%, says India a star performer

India`s rapid economic growth has lifted 140 million people out of poverty in the past decade but large parts of the population still lack access to elecricity and toilets, the OECD said in a report Tuesday.

Feb 28, 2017, 11:47 AM IST
Q3 GDP estimate to factor in effect of demonetisation

Q3 GDP estimate to factor in effect of demonetisation

The Central Statistics Office(CSO) on Tuesday, will unveil the revised advance estimate of India GDP growth in 2016017. In the wake of the cash ban, a number of think-tanks and experts have lowered their projections of GDP growth for FY17 to even below 7.1 percent.

Feb 27, 2017, 18:33 PM IST
Economy to grow more than 7% next fiscal: Das

Economy to grow more than 7% next fiscal: Das

Stepping up the growth pitch, Economic Affairs Secretary Shaktikanta Das today expressed confidence that the economy will grow upwards of 7 per cent next fiscal.

Feb 04, 2017, 13:07 PM IST
Economy to grow more than 7% next fiscal: Shaktikanta Das

Economy to grow more than 7% next fiscal: Shaktikanta Das

Stepping up the growth pitch, Economic Affairs Secretary Shaktikanta Das today expressed confidence that the economy will grow upwards of 7 per cent next fiscal.

Feb 04, 2017, 13:07 PM IST
India's services sector contracts for 3rd month in January, rebound likely

India's services sector contracts for 3rd month in January, rebound likely

ndia's services languished, with new business orders falling for the third straight month, amid muted inflationary pressure that could offer RBI much room to remain accommodative in its next policy meet next week.

Feb 03, 2017, 11:44 AM IST
Demonetisation, GST to fetch more revenues to govt: Jaitley

Demonetisation, GST to fetch more revenues to govt: Jaitley

Arun Jaitley put up a spirited defence of demonetisation, saying the drive "shook" the financial system for a short while, but will integrate the shadow economy with the formal in the long run and ensure better tax compliance.

Jan 27, 2017, 13:09 PM IST
Need bold reforms to transform economy: Arun Jaitley

Need bold reforms to transform economy: Arun Jaitley

Finance Minister Arun Jaitley on Wednesday said that bold reforms are required to transform economy.

Jan 11, 2017, 10:54 AM IST
Indian services sector contracts for 2nd month in December

Indian services sector contracts for 2nd month in December

The index that slipped into contraction territory in November remained in that zone as the rupee ban led to the sharpest fall in new business since September 2013.

Jan 04, 2017, 12:38 PM IST
India's service sector activity in October gathers pace

India's service sector activity in October gathers pace

Services sector activity in the country gathered pace in October, driven by sharper increase in new business orders amid strong demand and improved market conditions.

Nov 03, 2016, 11:24 AM IST
India's gross-value added growth to hit 7.6% this year

India's gross-value added growth to hit 7.6% this year

India's gross-value added growth is expected to quicken to 7.6 percent this year from 7.2 percent in 2015-16, driven by sustained support from public capex spending, says a DBS report.

Nov 02, 2016, 12:15 PM IST
Need to revive arbitral centres to win investor confidence: Arun Jaitley

Need to revive arbitral centres to win investor confidence: Arun Jaitley

Pitching for making India an important commercial arbitral centre, Finance Minister Arun Jaitley on Friday said efforts are being made to revive the arbitration centres in Mumbai and national capital with a view to expedite contractual dispute resolution at lesser cost.

Oct 21, 2016, 23:04 PM IST

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