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India to clock 8% growth over next few years: S&P

India to clock 8% growth over next few years: S&P

Backed by broadening of domestic consumption base, S&P Global Ratings Monday projected India to clock a "steroid-free" growth of 8 percent over the next few years.

 India's fuel consumption to grow 5-6% this fiscal: Fitch

India's fuel consumption to grow 5-6% this fiscal: Fitch

After growing at a robust 7.8 percent in first quarter, India's fuel consumption growth is likely to moderate at around 5-6 per cent in the current fiscal, Fitch Ratings said on Monday.

 India growth threatened by business `roadblocks`: John Kerry

India growth threatened by business `roadblocks`: John Kerry

India`s economy will only be able to maintain its impressive growth if its bureaucracy ceases to be "an expert in setting up roadblocks", US Secretary of State John Kerry said Wednesday.

India's Q1 GDP growth slows to 6-quarter low of 7.1%; July infra dips to 3.2%

India's Q1 GDP growth slows to 6-quarter low of 7.1%; July infra dips to 3.2%

GDP growth slowed mainly due to subdued performance of mining, construction and farm sectors. The economy had expanded at 7.5 percent in the April-June quarter of last financial year, 2015-16.

India's economy seen losing steam in June quarter

India's economy seen losing steam in June quarter

India will release data later on Wednesday that is expected to show economic growth slowed in the June quarter, and despite having one of the world`s fastest growth rates it means millions of unemployed Indians will face an even longer queue for a job.

 India must scale newer heights: PM Narendra Modi

India must scale newer heights: PM Narendra Modi

The energy in India must help it to scale newer heights of progress, Prime Minister Narendra Modi said on Monday.

India's manufacturing growth scales 3-month high, headwinds remain

India's manufacturing growth scales 3-month high, headwinds remain

 Manufacturing in India registered a significant uptrend and hit a three-month high in June, backed by a stronger increase in new business orders, while subdued inflationary pressure may prompt RBI to reduce key policy rate, a monthly survey said.

Eurozone inflation back to positive, Brexit worries weigh

Eurozone inflation back to positive, Brexit worries weigh

Eurozone inflation left negative territory in June, statistics showed Thursday, but economic uncertainty from Brexit sparked concerns that damaging deflation could return to Europe.

Govt making efforts to reduce discrepancies in GDP data: Anant

Admitting to "discrepancies" in the GDP data, which soared to Rs 2.14 lakh crore in 2015-16 or up to 1.9 percent, Chief Statistician TCA Anant on Friday said the government is making efforts to minimise them.

GDP growth in full speed due to manufacturing growth

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Indian economy on 'upward curve', monsoon, GST to push growth: FM Jaitley

Indian economy on 'upward curve', monsoon, GST to push growth: FM Jaitley

With India retaining the fastest growing large economy tag post latest GDP numbers, Finance Minister Arun Jaitley on Wednesday said the country is on an "upward curve" and a good monsoon, GST passage and increased infra and rural spending will further accelerate the growth.

US economy expands 0.5% in Q1, slowest in two years

US economy expands 0.5% in Q1, slowest in two years

The US economy grew at an annual rate of 0.5 percent in the first quarter of this year, pulled back by slowing consumption, the commerce department said on Thursday.

GDP growth to remain flat at 7.4% in FY17: HSBC

GDP growth to remain flat at 7.4% in FY17: HSBC

India is likely to clock GDP growth of 7.4 percent in the current fiscal and consumption is likely to be the main driver of growth in the foreseeable future, says an HSBC report.

India's growth recovery uneven; downside risks persists: Nomura

India's growth recovery uneven; downside risks persists: Nomura

The government recently lowered its economic growth forecast for 2015-16 to 7-7.5 percent from 8.1-8.5 percent.

Budget 2016: Arun Jaitley sticks to fiscal roadmap, FY17 deficit at 3.5%

Budget 2016: Arun Jaitley sticks to fiscal roadmap, FY17 deficit at 3.5%

Amid debate over balancing growth and financial management, Finance Minister Arun Jaitley Monday adhered to the fiscal consolidation roadmap by proposing to keep the deficit at 3.5 percent of GDP in 2016-17.

Indian economy likely to grow at 7.9% in FY17: Crisil

Indian economy is expected to grow at 7.9 percent in the fiscal starting April, lower than earlier forecast of 8.1 percent, due to intensifying global headwinds, Crisil Research said Tuesday.

India faces challenges in sticking to fiscal roadmap: S&P

India faces challenges in sticking to fiscal roadmap: S&P

India will face challenges in sticking to the fiscal consolidation roadmap as the expected revenues may not be fully realised and subsidy cuts may be delayed, Standard & Poor's Ratings Services said.

Raghuram Rajan raises doubt over new GDP methodology

Raghuram Rajan raises doubt over new GDP methodology

In his convocation address, citing the example of two mothers who babysit each other's kids, he said there is a rise in economic activity as each pays the other, but the net effect on the economy is questionable.

India Inc biz optimism rises after 4 quarters of fall

India Inc's business optimism registered an increase for the first quarter of this year, largely driven by GDP growth, easing FDI norms and RBI rate cuts.

PM Modi's Overseas Visit: Meeting with CEOs and foreign investors

PM Modi's Overseas Visit: Meeting with CEOs and foreign investors

Carrying on with his continuous attempt to reaching out to the investors of the world Prime Minister Narendra Modi visited a host of countries this year.