India GDP growth

Nobody outside India calls 5.7% growth a slowdown: EC

Senior BJP leader Yashwant Sinha had in a recent article headlined "I need to speak up now", described the economy as a "mess" that will not resuscitate before the next general elections in 2019.

Oct 06, 2017, 21:22 PM IST

RBI disappoints by keeping its rates unchanged: FICCI

 Real interest rates remain unduly high and a cut in policy and lending rates would have helped propel demand for interest sensitive sectors such as consumer durables, auto and housing

Oct 04, 2017, 18:57 PM IST
Step up capital spending: Finance minister to CPSEs

Step up capital spending: Finance minister to CPSEs

The meeting was about capex, and as the country is on the growth path, the companies were advised to increase capex, NLC India Chairman and Managing Director S K Acharya said after the meeting.

Sep 28, 2017, 16:04 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
Need to fight economic challenges on multiple fronts: CEA

Need to fight economic challenges on multiple fronts: CEA

The big appreciation in the rupee between January and April impacted both exports and imports, he said, adding that the RBI has been intervening in the forex market for the past three months.

Sep 23, 2017, 15:54 PM IST

GDP growth to hit 7-7.5 percent in July-Sept: Rajiv Kumar

India's GDP growth rate slid to a 3-year low of 5.7 per cent in the first quarter (April-June), mainly on account of a slump in manufacturing.

Sep 01, 2017, 18:15 PM IST
India's growth to accelerate to 7.5% this fiscal: Moody's

India's growth to accelerate to 7.5% this fiscal: Moody's

India's economic growth will accelerate to 7.5 percent in current fiscal and the government's reform push will help achieve 8 percent GDP growth rate in about four years, Moody's said today.

May 31, 2017, 11:15 AM IST

Demonetisation effect transitory, says UN expert

The January report had not taken into consideration the impact of the demonetisation policy on India's economic growth.

May 17, 2017, 14:02 PM IST
Crisil blames divergent growth dataprints for WPI-CPI variance

Crisil blames divergent growth dataprints for WPI-CPI variance

With most analysts refusing to buy into the official growth numbers due to vast differences between GDP and GVA, a Crisil analysis has blamed the variance to the steeply falling WPI and the more-or-less stable CPI.

Mar 16, 2017, 12:10 PM IST
Indian economy will grow five-fold by 2040; has shown more resilience, says PM Modi

Indian economy will grow five-fold by 2040; has shown more resilience, says PM Modi

Prime Minister Narendra Modi on Monday said that India’s economy is expected to grow five fold by 2040, and has shown signs of more stability and resilience than any other economy in the world.

Dec 05, 2016, 10:45 AM IST
India's GDP growth to remain strong at 7.6% in 2016: World Bank

India's GDP growth to remain strong at 7.6% in 2016: World Bank

India's GDP growth will remain strong at 7.6 percent in 2016 and 7.7 percent in 2017, the World Bank has said, attributing it to increasingly positive contributions from exports and a recovery of private investment in the medium term.

Oct 04, 2016, 12:21 PM IST
HSBC 'overweight' on India, 2016-end Sensex target at 28,500

HSBC 'overweight' on India, 2016-end Sensex target at 28,500

Global brokerage firm HSBC on Monday upgraded India to the 'overweight' status, citing improving domestic indicators and more realistic earnings expectations.

Jul 04, 2016, 14:29 PM IST
'Indian economy stands out amongst emerging markets'

'Indian economy stands out amongst emerging markets'

Despite global uncertainties, banking sector issues, the economy stands out in terms of growth as compared to other emerging markets and the Indian financial system remains stable, a report released by Reserve Bank today said.

Jun 28, 2016, 18:12 PM IST
India obvious candidate to drive global growth: HSBC

India obvious candidate to drive global growth: HSBC

India is the "obvious candidate" to push global growth amid a lingering slowdown but it will need sustained GDP expansion to reach, by the middle of next decade, the share of world GDP that China had at the height of its boom in 2005, says an HSBC report.

Jun 10, 2016, 16:50 PM IST
Good news for Modi govt: FY16 GDP growth at 7.6%; India now fastest-growing economy in the world

Good news for Modi govt: FY16 GDP growth at 7.6%; India now fastest-growing economy in the world

Retaining its place as the world's fastest-growing major economy, India's economy expanded by 7.6 percent in the financial year 201-16, outpacing China once again.

May 31, 2016, 17:54 PM IST
'Good monsoon, consumer spending to see India GDP grow at 7.4% in FY17'

'Good monsoon, consumer spending to see India GDP grow at 7.4% in FY17'

The Indian economy is expected to clock a GDP growth of 7.4 percent this fiscal largely driven by the lagged impact of a good monsoon and increased consumer spending, supported by pay commission awards, a Standard Chartered report said.

May 02, 2016, 13:52 PM IST
Indian economy to grow at 7.2% in 2016-17: BMI Research

Indian economy to grow at 7.2% in 2016-17: BMI Research

The Indian economy is expected to grow at 7.2 per cent in 2016-17, a tad lower than Central Statistics Office's advance estimates of 7.6 per cent in the current fiscal due to weak investments and external headwinds, says BMI Research.

Mar 24, 2016, 18:12 PM IST
'Indian economy to grow 7.7% in 2016-17'

'Indian economy to grow 7.7% in 2016-17'

Rating agency ICRA on Monday projected Indian economic growth to improve to 7.7 percent in next fiscal, led by domestic consumption demand on the back of implementation of 7th Pay Commission and OROP recommendations.

Mar 21, 2016, 20:06 PM IST
'Indian economy to grow 7.7% in 2016-17'

'Indian economy to grow 7.7% in 2016-17'

Rating agency ICRA on Monday projected Indian economic growth to improve to 7.7 percent in next fiscal, led by domestic consumption demand on the back of implementation of 7th Pay Commission and OROP recommendations.

Mar 21, 2016, 20:06 PM IST
India no longer ridiculed for ''Hindu rate of growth'': Jaitley

India no longer ridiculed for ''Hindu rate of growth'': Jaitley

Finance Minister Arun Jaitley on Friday said the world no longer ridicules India about its "Hindu rate of growth", and now continuing with its reform path, the country is likely "to write a new chapter in history".

Mar 18, 2016, 22:51 PM IST