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GST to herald economic integration: Arun Jaitley

Jaitley said India has capacity to grow in double digit and not just 7-8 percent.

GST moved in LS amid stiff Opposition resistance

The long-pending Goods and Services Tax (GST) Bill was on Friday moved in the Lok Sabha for consideration amid stiff resistance by several Opposition parties, even as Finance Minister Arun Jaitley said it is a "win-win" measure and states have nothing to fear.

Consuming states to be affected most if passage of GST delayed: Jaitley

Replying to questions related to the GST bill raised by MPs in the Lok Sabha, the FM said that the empowered panel of state FMs have performed in a non-partisan way.

CAD may decline to 0.9% of GDP in FY15: Report

The current account deficit for 2014-15 is expected to narrow down further to 0.9 percent of GDP due to subdued external demand and cooling commodity prices, a report said Tuesday.

GST to increase India's GDP by 1-2%: Arun Jaitley

The implementation of the landmark goods and services tax (GST) regime proposed from April 1 next year would increase India's GDP by one to two percent, Finance Minister Arun Jaitley said Thursday.

Urban areas may contribute 75% of GDP by 2020: Barclays

With the government focusing on improving infrastructure and allied services, the urban sector is likely to contribute nearly 70-75 percent of the GDP by 2020, according to a Barclays report.

GDP growth to remain in 4.5-5% range in 2014: Nomura

The economy is unlikely to see any major pick in 2014 and may end up with about just 4.5-5 percent growth due to the ongoing fiscal and monetary policy tightening, says a report.

Lower FY'13 GDP to have positive impact on FY'14 figure: Nomura

Brokerage house Nomura Monday said the downward revision of FY'13 growth figure by the Central Statistics Office (CSO) will have a positive base effect for GDP expansion in the current fiscal.

Current account gap seen widening for June quarter

Five economists predicted the June quarter current account deficit (CAD) would rise to USD 23-25 billion, or 4.8-5.4 percent of gross domestic production (GDP), from USD 18.1 billion, or 3.6 percent, in the March quarter.

Economy to grow 5.5% this fiscal: Rangarajan

Prime Minister's Economic Advisor C Rangarajan Tuesday said India's economy is likely to grow at around 5.5 percent this fiscal.