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GDP

FY17 GDP advance estimate: Key facts you should know

FY17 GDP advance estimate: Key facts you should know

According to the first advance estimates, released by the Central Statistics Office (CSO) Friday. The economic growth is expected to be 7.1 percent in FY 2016-17 as compared to the growth rate of 7.6 percent in FY 2015-16.

India Inc nets Rs 6.3 lakh crore from markets, eyes on capital markets

India Inc nets Rs 6.3 lakh crore from markets, eyes on capital markets

With debt instruments leading the way, Indian companies have garnered an estimated Rs 6.3 lakh crore from the marketplace in 2016.

GST, currency change to be 'game changers' for Indian economy: Arun Jaitley

GST, currency change to be 'game changers' for Indian economy: Arun Jaitley

Finance Minister Arun Jaitley on Thursday said that goods and services tax (GST) and demonetisation will be 'game changers' for Indian economy.

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.

Surging houehold debt in China raise alarms over debt

Chinese household debt has risen at an "alarming" pace as property values have soared, analysts say, raising the risk that a real estate downturn could send shockwaves through the world's second largest economy.

Most of black wealth was generated during UPA govt: RSS to Manmohan Singh

Most of black wealth was generated during UPA govt: RSS to Manmohan Singh

Former prime minister Manmohan Singh on Thursday called the demonetisation drive a case of "organised loot and legalised plunder",

Mining sector can add $70 bn to India's GDP in next 15 yrs:CII

A vibrant mining sector has the capacity to spur growth and add up to USD 70 billion to the country's economy as well as generate 60-70 lakh jobs, a report by industry body CII said.

Expand manufacturing, services to boost job creation: Nirmala Sitharaman

Expand manufacturing, services to boost job creation: Nirmala Sitharaman

India has adopted a two-pronged strategy to boost employment generation in the country, the government said on Friday.

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's GDP to grow 8% his fiscal: Arjun Ram Meghwal

Country's economy will grow 8 per cent this fiscal while agricultural growth is expected to be over 4 per cent, Union Minister Arjun Ram Meghwal said Sunday.

Ministry of External Affairs also contributed to 53% FDI growth: Sushma Swaraj

Ministry of External Affairs also contributed to 53% FDI growth: Sushma Swaraj

External Affairs Minister Sushma Swaraj said on Sunday that the role of her ministry is undergoing transformation, as apart from diplomatic functions, now it is also acting as a catalyst to national development.

Mukesh Ambani's net worth more than GDP of 14 Indian states, UTs

Mukesh Ambani's net worth more than GDP of 14 Indian states, UTs

Reliance Industries' Chairman Mukesh Ambani has once again been named the wealthiest Indian by prestigious Forbes magazine. This is the ninth-time in a row that the 59-year old business tycoon has bagged the leading slot among billionaires in India.

China GDP growth stable at 6.7% in third quarter: Govt

China`s growth was steady at 6.7 percent in the third quarter, government data showed Wednesday, a sign of stabilisation in the world`s second-largest economy.

Rs 14,700 crore in government coffers from IDS this fiscal: Nomura

Rs 14,700 crore in government coffers from IDS this fiscal: Nomura

Income declaration scheme (IDS) 2016 provided an opportunity for people to disclose their hitherto undisclosed domestic income and assets. The window was open from June 1 to September 30, 2016. A declarant had to pay a tax of 45 percent on the undisclosed income.

Indian GDP to grow 7.9% this fiscal, agriculture at 4%: Crisil

With agriculture income growth "at an above-trend 4 per cent", India`s real gross domestic product (GDP) is expected to grow this fiscal at 7.9 per cent, while annual retail inflation would remain contained at 5 per cent, Indian rating agency Crisil said on Sunday.

India on path of becoming pivot for hi-tech manufacturing: UN

India on path of becoming pivot for hi-tech manufacturing: UN

 India is on the path of becoming a "pivot" for high-tech world manufacturing even as global manufacturing growth is expected to remain low in 2016 due to weakened financial support for productive activities, a new UN report said.

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.

Q1 GDP to be good due to normal monsoon, salary hikes

Q1 GDP to be good due to normal monsoon, salary hikes

The government expects Gross Domestic Product (GDP) growth to pick up to eight percent in 2016-17, from 7.6 percent in 2015-16.

GST promises to boost GDP growth rates by up to 2%: President

GST promises to boost GDP growth rates by up to 2%: President

Describing the passage of the GST bill by Parliament as the single biggest reform measure in recent times, President Pranab Mukherjee Monday said the move paves the way for creation of a unified market and promises to boost GDP growth rates by up to 2 percent.

Nehruvian model did not help India develop: Arun Jaitley

Nehruvian model did not help India develop: Arun Jaitley

Arun Jaitley said that the Nehruvian model of development was the reason why India couldn't develop. He said the same model didn't alloe the country to get up to a growth rate of even 1 percent in those early decades.