India Economic Growth

India can grow at 8% for next 20 years: UN expert

India can grow at 8% for next 20 years: UN expert

The UN, in its latest report, projected India's growth rate to be 7.2 percent in 2018 and 7.4 percent in 2019.

Dec 18, 2017, 07:01 AM IST
Govt to put more capital in PSBs to strengthen them: Jaitley

Govt to put more capital in PSBs to strengthen them: Jaitley

Last month, the government had unveiled a staggering Rs 2.11 lakh crore two-year road map to bolster NPA-hit public sector banks.

Nov 12, 2017, 17:29 PM IST
Economic growth, employment generation on top priority: PM Modi's EAC

Economic growth, employment generation on top priority: PM Modi's EAC

With the economy slowing down and joblessness becoming a major issue, the EAC-PM has identified 10 major priority areas over which it will prepare a report and submit it over the next six months.

Oct 12, 2017, 07:54 AM IST
Process of eco reforms incomplete, fresh thinking needed: Manmohan Singh

Process of eco reforms incomplete, fresh thinking needed: Manmohan Singh

The policy should be a judicious mix of both high rate of economic growth and a strong focus on containing economic inequalities, said Singh, considered the architect of the economic liberalisation measures unleashed in 1991.

Oct 04, 2017, 21:56 PM IST
Government in process of changing economic environment: Arun Jaitley

Government in process of changing economic environment: Arun Jaitley

The Finance Minister said that the "environment" was a result of three factors. 

Sep 25, 2017, 19:43 PM IST

FDI flows into India to rise to 2.5% of GDP in 5 years: UBS

The foreign direct investments (FDI) into India have nearly doubled over the past decade to USD 42 billion, which was 1.9 per cent of GDP in 2016-17.

Aug 25, 2017, 17:07 PM IST
Once 'fragile' India gets thumbs up even as rates set to fall

Once 'fragile' India gets thumbs up even as rates set to fall

India no longer resembles the "Fragile Five" country of 2013, when the RBI was forced to raise rates by 75 basis points to arrest foreign investment outflows.

Jul 28, 2017, 09:10 AM IST
Manufacturing sector grows for 4th straight month in April

Manufacturing sector grows for 4th straight month in April

April is the fourth straight month in which manufacturing sector registered growth after the demonetisation-induced contraction at the end of 2016.

May 02, 2017, 10:57 AM IST

Indian firms expect moderate economic expansion in 2017: Survey

Driven by positive economic sentiment, more than three-fourths (77 percent) of senior finance executives of Indian companies expect moderate to substantial economic expansion in 2017, a survey said here on Thursday.

Apr 27, 2017, 17:14 PM IST
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 %.

Feb 28, 2017, 17:31 PM IST
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.

Feb 07, 2017, 14:53 PM IST
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.

Jan 10, 2017, 11:36 AM IST

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.

Jan 04, 2017, 14:00 PM IST
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.

Dec 09, 2016, 15:45 PM IST
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.

Nov 29, 2016, 16:05 PM IST
'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.

Nov 20, 2016, 13:33 PM IST
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.

Aug 22, 2016, 17:28 PM IST
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.

Jun 28, 2016, 22:17 PM IST
'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.

Jun 19, 2016, 11:27 AM IST
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.

Apr 19, 2016, 11:45 AM IST