Current growth rate reflects hard work of government: Raghuram Rajan

Current growth rate reflects hard work of government: Raghuram Rajan

RBI Governor Raghuram Rajan said that RBI has offered all help to Bank bureau in reforms.

India's growth spillover unlikely outside South Asia: IMF

India's growth spillover unlikely outside South Asia: IMF

Even as India is now the fastest growing emerging economy in the world, its impact is unlikely to be felt beyond South Asia, senior IMF officials said.

How Monsoon will affect IIP statistics? | Part I

-Monsoon may increase Market and IIP growth.
To know more watch this full video here.

India to notch up to 7.5% growth in 2016-17: IMF

India to notch up to 7.5% growth in 2016-17: IMF

Driven by private consumption and increased industrial activity, India's growth is projected to notch up to 7.5 percent in 2016?17, overtaking China's GDP by more than 1 percent, the IMF said on Tuesday.

India's export to stay weak in FY17: Ind-Ra

Country's export is likely to stay weak this fiscal as global economies struggle to stabilise, India Ratings and Research said on Tuesday.
 

GDP calculation method imprecise, India to grow at 8%: CII

Terming the GDP calculation methodology an "imprecise science", CII today pegged the country's economic growth at around 8 per cent for the current fiscal, higher than the RBI's projection of 7.6 percent.

RBI to stay on hold until 2016-end, says Nomura

Reserve Bank is likely to hold the pause button until the end of this year, largely owing to inflationary pressures, a Nomura report has said.

Opening Indian economy to FDI has helped: Jaitley

India`s decision to open various sectors to foreign direct investment (FDI) has helped the country, Finance Minister Arun Jaitley said on Tuesday.

Investors should not try to speculate but just invest rightly: Sandip Sabharwal

Overall we should do better than other EM’s unless there is a huge commodity rally which will shift the scales in front of India and China.

Global headwinds no sign of a recession, says Moody's

Global headwinds no sign of a recession, says Moody's

The prolonged decline in oil prices and weaker expansion in Chinese economy have dimmed growth prospects of several economies, but it does not signal a threat of global recession, Moody's Investors Service said on Tuesday.

Drop in global oil prices windfall for Indian economy: IMF

Drop in global oil prices windfall for Indian economy: IMF

Terming the slump in global oil prices as a "large windfall" for India, the IMF said this has allowed the country to spend more on goods and services, and a "sharp decline" in inflation.

Services PMI cools to 3-month low, rate cut hopes brighten

Services PMI cools to 3-month low, rate cut hopes brighten

Growth in India`s services industry slowed sharply in February as rising prices lead to a slight deceleration in demand, a business survey showed on Thursday.

Indian GDP growth to pick up to 7.8% in 2016-17: Nomura

Indian GDP growth to pick up to 7.8% in 2016-17: Nomura

India's GDP growth is likely to pick up to 7.8 percent in fiscal 2016-17 from 7.6 percent this year, largely driven by higher discretionary demand

Govt can exceed growth target with less obstructions, says FM

Finance Minister Arun Jaitley on Wednesday exuded confidence that the growth rate in the next fiscal could exceed 7-7.75 percent if there is less political obstructionism and the government is allowed to push through important Bills like GST and the bankruptcy law.

India's manufacturing growth remains unchanged in February, new orders pace up

India's manufacturing growth remains unchanged in February, new orders pace up

India's manufacturing growth remained unchanged in February following price reductions even as new orders registered the strongest upturn since last September.

India ray of hope in world economy; Govt committed to poor: PM

India ray of hope in world economy; Govt committed to poor: PM

Prime Minister Narendra Modi on Saturday said if there was a ray of hope in the world economy, it was India, as he asserted that his government was committed to transform the lives of the poor and villages.

As Modi euphoria cools, India faces test to keep foreigners invested

Modi also faces a fraught domestic environment amid widespread doubts about the accuracy of data showing India`s economy grew at 7.3 percent in the October-December quarter, higher than China.

Moody's pegs India's GDP growth at 7.5% in 2016-17

Moody's pegs India's GDP growth at 7.5% in 2016-17

The recent measures that now allow 100 percent foreign ownership in a number of sectors will foster further increases in FDI.

India's Q3 GDP growth projected at 7.6%

India's Q3 GDP growth projected at 7.6%

The country is expected to grow by by 7.6 percent in the October-December quarter of the current fiscal -- the fastest pace of expansion in five quarters -- India Ratings and Research (Ind-Ra) said on Friday.

India beats China as world's fastest growing economy in 2015

India beats China as world's fastest growing economy in 2015

India outpaced China as the world's fastest growing economy in 2015 and is expected to clock 7-7.5 percent growth in the New Year.