India to grow at 7.5% in 2016, 2017: Moody's

India to grow at 7.5% in 2016, 2017: Moody's

New Delhi: Forecasting Indian economy to grow 7.5 percent in the current and next year, Moody's Investors Service today said the expansion is primarily driven by rising consumption and sustained improvement in private investment was needed to maintain the momentum.

Moody's reports India growth rate to be 7.5% in 2016

Moody's reports India growth rate to be 7.5% in 2016. Watch complete news story of First Trade and stay updated with the latest trends and statistics in the stock market, commodity market and share market!

India well-placed to maintain high growth despite drought, external pressures: UN analysts

India well-placed to maintain high growth despite drought, external pressures: UN analysts

In a world economy still ensnared in a low-growth trap, India is well-placed to maintain its high growth rate despite the drought and the external pressures, according to UN analysts.

7.5 percent growth not enough for India's requirement: Arun Jaitley

India's current growth rate of 7.5 per cent is not enough as per its own requirement standard, Arun Jaitley has said.

Higher growth best antidote to poverty: FM Jaitley

Higher growth best antidote to poverty: FM Jaitley

The government estimates growth to be between 8-8.5 percent in the current fiscal.

AP CM urges officials to achieve double digit growth rate

Andhra Pradesh Chief Minister N Chandrababu Naidu on Thursday urged government officials to work towards achieving a double digit growth rate in the state.

Industrial production growth slows to 1.7% in Dec

Industrial production growth rate slowed to 1.7 percent in December last year on sequential basis mainly due to a contraction in the mining and quarrying sector.

Vodafone posts high revenue growth rate in India for Q3

Riding on high demand for mobile internet services, the Indian arm of British telecom major Vodafone today reported 17.7 per cent rise in revenue, highest growth rate across its markets, raking up over 1.1 billion pounds during the quarter ended December 31, 2014.

Arun Jaitley asks CAG not to look for making headlines through their audit reports

"He doesn't have to sensationalise. He doesn't have to get into the headlines," Jaitley said at annual conference of the Comptroller and Auditor General (CAG).

BJP credits Modi for hike in growth rate, says it's beginning of good days

BJP on Friday credited the leadership of Prime Minister Narendra Modi and the steps taken by the new government for the increase the country's growth rate to 5.7 per cent for the April-June quarter, saying it heralds the beginning of good days promised by the party.

Jaitley to address RBI board on August 9

It has been a custom that the Finance Minister addresses RBI board, consisting of RBI Governor and existing three deputy governors, after the Budget.

Growth of Gujarat stunted under Narendra Modi: Scindia

Union Minister Jyotiraditya Scindia on Saturday said the growth rate of Gujarat has halved under the leadership of Chief Minister Narendra Modi.

South Africa`s 2013 growth set to slow to 2.1%

The South African economy is slowing more sharply than expected this year and is expected to expand by 2.1 percent instead of 2.7 percent, South Africa`s Finance Minister Pravin Gordhan said on Wednesday.

Indian economy to grow at 5.5 per cent: PM

Indian economy will grow at about 5.5 per cent in the current fiscal year and the first quarter numbers are expected to be relatively flat, Prime Minister Manmohan Singh said on Friday.

Kerala: Low birth rate turns more schools `uneconomic`

As growth rate of population continues to fall in Kerala over the years, more schools have become `uneconomic`.

US adds 236,000 jobs, unemployment falls to 7.7 %

US employers increased hiring in February, adding 236,000 jobs and pushing the unemployment rate down to 7.7 per cent from 7.9 per cent in January.

World Bank lauds Bihar`s high growth rate

A senior officer of World Bank on Wednesday praised the high growth rate achieved by Bihar.

Bihar’s overall growth rate 16.71%: Modi

Bihar has recorded overall growth rate of 16.71 per cent during 2011-2012, the highest in the past five years.

Govt achieves indirect tax mop up target in FY12

Moderation in growth rate during 2011-12 has not impacted the revenue realisation, with the government achieving 99.6 percent of indirect tax collection target during the year, a finance ministry official said.

Macquarie cuts India's FY13 growth forecast to 6.9%

Lack of policy reforms and lagged impact of monetary tightening are the reason for the downgrade.