close
This ad will auto close in 10 seconds
Is RBI's hawkish stance hurting India's growth prospects?

Is RBI's hawkish stance hurting India's growth prospects?

India urgently needs to regain the level of growth it witnessed since 2003 and a lot needs to be done including an urgent resolution of bad loans, which seems to have begun. But, avoiding an unnecessary hawkish stance by the RBI would supplement government efforts in reviving investor sentiments.

No downturn in IT sector; good number of jobs to come: Ravi Shankar Prasad

No downturn in IT sector; good number of jobs to come: Ravi Shankar Prasad

Union minister Ravi Shankar Prasad on Sunday dismissed as "completely wrong" the reports of a downturn in the Indian IT sector and said a good number of people will get jobs in the current fiscal.

India to regain tag of fastest growing economy in Q1: Arvind Panagariya

India to regain tag of fastest growing economy in Q1: Arvind Panagariya

India will regain the crown of the fastest growing major economy, overtaking China, as early as the first quarter of 2017-18, NITI Aayog Vice Chairman Arvind Panagariya said on Thursday.

 

GDP growth of 7-8% 'fairly reasonable', says FM Jaitley

GDP growth of 7-8% 'fairly reasonable', says FM Jaitley

India growing at 7-8 percent is "fairly reasonable" in the current global context, Finance Minister Arun Jaitley said on Thursday while maintaining that the decline in fourth quarter GDP print cannot be attributed to demonetisation alone.

FY17 GDP growth likely to be revised to 7.6%: SBI Research

FY17 GDP growth likely to be revised to 7.6%: SBI Research

India's GDP numbers for the fiscal 2015-16 and 2016-17 are expected to be revised to 8.3 percent and 7.6 percent, respectively, because of new IIP and GDP series, says a report.

Poor show by banks, private investors challenge to growth: Arun Jaitley

Union Finance Minister Arun Jaitley on Saturday said that poor performance by private investors and banks still remains a challenge for the Indian economy.

To transform, India needs to improve competitiveness of its states

Amit Kapoor/IANS

India has become the fastest-growing economy in the world. The next logical steps are to make this trend sustainable and to ensure that the benefits of this growth percolate down to the lowest rungs of the income hierarchy.

PM Modi's bold decisions in last 3 years to transform perception of India on global platform: USIBC

PM Modi's bold decisions in last 3 years to transform perception of India on global platform: USIBC

India's liberalisation across numerous sectors of its economy sends a clear message to the global investment community that the country is open for business and reforms are also on-track, a top US advocacy group has said.

UN revises downward India's GDP growth for 2017

UN revises downward India's GDP growth for 2017

The United Nations has revised downward India's economic growth forecast for 2017 but predicted an increased 7.9 percent GDP growth next year as it cautioned that stressed balance sheets in the banking sectors will prevent strong investment rebound in the near term.

Investment growth bottomed out in 2016; revival to be gradual

Investment growth bottomed out in 2016; revival to be gradual

After a six-year wait, private investment growth rates seems to have bottomed out in 2016 but the pace of its revival is expected to be gradual over the next few years, says a report.

India's GDP growth to rise to 7.9% by December 2017

India's GDP growth to rise to 7.9% by December 2017

The Indian economy is entering a "productive growth phase" and real GDP growth is likely to rise to 7.9 per cent by December driven by favourable external demand, improving corporate balance sheets and private capex recovery, says a report.

Digitisation will curb shadow economy: Arjun Ram Meghwal

Pitching for rapid movement towards digitisation of the economy, Union minister Arjun Ram Meghwal on Sunday said the government's digital initiative is crucial to curb the black market.

Indian economy poses major challenges: Chinese think tank

India`s competitive economy may pose a challenge to China which may become an "unfortunate bystander" watching India succeed if it didn`t develop a more effective growth strategy, a Chinese think-tank has warned.

India's economic growth expected to rebound to 7.2% in 2017-18 after temporary disruptions caused by note ban: IMF

India's economic growth expected to rebound to 7.2% in 2017-18 after temporary disruptions caused by note ban: IMF

India's growth is expected to rebound to 7.2 percent in the 2017-18 fiscal and 7.7 percent in 2018-19 after disruptions caused by demonetisation, the IMF said on Monday, while recommending the removal of long-standing structural bottlenecks to enhance market efficiency.

India to grow 7.5% next year on higher infra spending: UN

The Indian economy will grow 7.5 percent next year by virtue of consumption revival and higher infrastructure spending, says a report by the UN Economic and Social Commission for Asia and the Pacific (ESCAP).

Liberalisation will prevail: Jaitley on protectionism

Finance Minister Arun Jaitley today played down fears over protectionism saying the need for greater liberalisation will prevail once the debate on the issue settles down.

'Gradual recovery in economy, neutral near-term policy stance likely'

'Gradual recovery in economy, neutral near-term policy stance likely'

The Indian economy is expected to witness gradual recovery with growth likely to bounce back to an average of 7.5 percent in the second half of this year and 7.7 percent in 2018, says a Nomura report.

 

India to overtake Germany as world's 4th largest economy by 2022: IMF

India to overtake Germany as world's 4th largest economy by 2022: IMF

India is all set to overtake Germany as world's fourth largest economy by 2022, according to a IMF study.

GST to push India's growth but bad loans still a problem: IMF

Lower global oil prices have boosted economic activity, and helped lower inflation.

NITI Aayog's vision: Houses, vehicles, ACs for all by 2032

NITI Aayog's vision: Houses, vehicles, ACs for all by 2032

Government think tank NITI Aayog has envisaged a new India in which all citizens in 15 years will have houses with toilets, two-wheelers or cars, power, air conditioners and digital connectivity.