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IMF cuts India's growth rate to 6.6% from 7.6% due to impact of demonetisation

IMF cuts India's growth rate to 6.6% from 7.6% due to impact of demonetisation

The International Monetary Fund (IMF) on Monday cuts India's growth rate to 6.6 percent from 7.6 percent due to impact of demonetisation taken by the Modi government in November.

Market turns focus to quarterly earnings, macro data

Market turns focus to quarterly earnings, macro data

Quarterly earnings from frontline companies -- TCS and Infosys, to begin with -- and release of macroeconomic numbers will decide stock market behaviour this week, say experts.

GDP growth rate for Q-2 raised to 7.3% from 7.1%

GDP growth rate for Q-2 raised to 7.3% from 7.1%. Watch complete news story of News 360 for getting detailed updates!

India's GDP grows 7.3% in Q2 against 7.1% in Q1

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Indian economy grows 7.3% in September quarter; uncertainty looms for 2nd half due to demonetisation

Indian economy grows 7.3% in September quarter; uncertainty looms for 2nd half due to demonetisation

India remained the fastest growing major economy with its GDP accelerating to 7.3 percent in the September quarter, pushed mainly by farm output.

Demonetisation to pull down Q2 growth by 40 bps to 7.2%: Icra

Citing debilitating impact of the demonetisation drive on the economy, domestic rating agency Icra today forecast a 40 bps dip in growth rates to 7.2 per cent in the second quarter of the current fiscal.

Economy to grow at 7.6% in 2016-17: NCAER

Economy to grow at 7.6% in 2016-17: NCAER

Economic think-tank NCAER has pegged India's GDP growth at 7.6 per cent for the current fiscal on back of pick-up in rural demand and "positive signals" on the manufacturing front.

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.