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Infrastructure output: Eight core industries growth slows to 3.4% in January

Infrastructure output: Eight core industries growth slows to 3.4% in January

The combined Index of 8 core industries, that is, coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity -- stands at 191.8 in January, 2017, which was 3.4 % higher compared to the index of January, 2016. Its cumulative growth during April to January, 2016-17 was 4.8 %.

Indian economy projected to overtake US by 2040

Indian economy projected to overtake US by 2040

The global economic order is expected to shift from advanced to emerging economies over the next few decades, and by 2040 India could edge past the US to become the world's second largest economy in purchasing power parity (PPP) terms, says a report.

Reforms, policy effectiveness to decide India rating: Moody's

Reforms, policy effectiveness to decide India rating: Moody's

Government's capacity to implement reforms and policy effectiveness will decide India's rating going forward, Moody's Investors Service said today.

Stable outlook of companies mirrors India's sustained growth: Moody's

Moody's on Wednesday said the stable outlook on Indian corporates over the next 12-18 months reflects the country's sustained economic growth.

India economic growth on recovery path from April 2017: Morgan Stanley

India economic growth on recovery path from April 2017: Morgan Stanley

The impact of demonetisation will only be short-term and India's growth momentum is likely to get back on recovery path from April next year with support from consumption and exports, says a Morgan Stanley report.

Fitch cuts India's GDP outlook to 6.9% for 2016-17

Fitch cuts India's GDP outlook to 6.9% for 2016-17

Fitch Ratings has lowered India`s GDP outlook for the current year to 6.9 percent from the 7.4 percent estimated earlier.

'GDP to fall by up to 1 percentage points post demonetisation, follow-up reforms key'

'GDP to fall by up to 1 percentage points post demonetisation, follow-up reforms key'

 India's economic growth is expected to fall by up to 1 percentage points over the next 12 months in the wake of demonetisation, while longer-term gains will depend on follow-up reforms, says an HSBC report.

Government can't expect RBI to do everything for growth: Bank of Baroda chief

Government can't expect RBI to do everything for growth: Bank of Baroda chief

State-run lender Bank of Baroda Managing Director and CEO P S Jayakumar today said the onus of recovery is on the government and not Reserve Bank.

India's growth may dip by 0.60% on Brexit, predicts Morgan Stanley

India's growth may dip by 0.60% on Brexit, predicts Morgan Stanley

 Brexit is likely to have an adverse impact on India's growth with domestic GDP expected to decline by up to 60 basis points in a high-stress scenario within the next two years, Morgan Stanley today said in a report.

'Good monsoon to push GDP growth to 8% in FY17'

'Good monsoon to push GDP growth to 8% in FY17'

The Finance Ministry expects the country's growth rate to climb to 8 percent in the current financial year on the back of above normal monsoon.

India has its hands full in implementing key reforms: Jaitley

India has its hands full in implementing key reforms: Jaitley

India has its "hands full" in bringing about structural changes and implementing key reforms to boost economic growth, Finance Minister Arun Jaitley has said and hoped that the country will be able to improve its growth this year from the 7.6 percent achieved last fiscal.

Indian economy like 'one-eyed' king in land of blind: RBI Governor

Indian economy like 'one-eyed' king in land of blind: RBI Governor

 With India being often described as 'the bright spot in the global economy', Reserve Bank Governor Raghuram Rajan sees this as a case of "the one-eyed man" being king in the land of the blind.

India has potential to attract $100 bn investment: Agarwal

India has potential to attract $100 bn investment: Agarwal

Vedanta Ltd is a diversified natural resources company, whose business primarily involves exploring and processing minerals and oil and gas.

G20: Obama hails India's economic growth, renewable focus

G20: Obama hails India's economic growth, renewable focus

US President Barack Obama has hailed India's economic growth under the leadership of Prime Minister Narendra Modi.

India can become engine of global economic growth: Anil Agarwal

India can become engine of global economic growth: Anil Agarwal

Agarwal said companies who want to invest in India can raise capital in the UK to invest in India's growth story.

GDP growth to cross 8% mark this fiscal: Panagariya

GDP growth to cross 8% mark this fiscal: Panagariya

The Finance Ministry in its Economic Survey in February has set growth target of 8.1 to 8.5 percent for the current fiscal.

India needs bold reforms to achieve true potential: HSBC Report

India needs bold reforms to achieve true potential: HSBC Report

The main determinant of medium-term high and sustainable economic growth is meaningful reforms and so far they have been gradual and 'project-specific', the global financial services firm said.

Rajan warns against chasing economic growth too fast

India must focus on keeping inflation low and avoid using monetary policy alone and short-term government incentives to fuel short-term economic growth, the country`s central bank governor said on Friday.

Keeping inflation low is key to growth: Rajan

Keeping inflation low is key to growth: Rajan

Under pressure to cut interest rates to lower cost of capital, RBI Governor Raghuram Rajan today said keeping inflation low is the key task for sustainable economic growth of the country.

India aims for 8-10% non-inflationary GDP growth: Jayant Sinha

India aims for 8-10% non-inflationary GDP growth: Jayant Sinha

The government is aiming for an 8-10 percent annual economic growth through supply-side measures to increase the capacity of Asia`s third-largest economy rather than risk higher inflation by stimulating demand, Jayant Sinha, the Minister of State for Finance, said.