Indian economic recovery losing steam: Nomura
Indian economic recovery losing steam: Nomura

 India's economic recovery is losing some steam and there is a likelihood of slowdown in the growth momentum, says Japanese financial services firm Nomura.

India's Q3 GDP growth projected at 7.6%
India's Q3 GDP growth projected at 7.6%

The country is expected to grow by by 7.6 percent in the October-December quarter of the current fiscal -- the fastest pace of expansion in five quarters -- India Ratings and Research (Ind-Ra) said on Friday.

Jaitley favours raising public spending to boost growth
Jaitley favours raising public spending to boost growth

India has been growing by 7-7.5 percent, and for the country to accelerate, all sectors have to contribute, he said at the MGNREGA Sammelan-2016.

Services growth hits 10-month high in December
Services growth hits 10-month high in December

The overall health of the economy remains fragile amid a weak manufacturing sector.

Manufacturing sector contracts for first time in over 2 years
Manufacturing sector contracts for first time in over 2 years

The PMI has slipped below the crucial level of 50.0 for the first time since October 2013.

India beats China as world's fastest growing economy in 2015
India beats China as world's fastest growing economy in 2015

India outpaced China as the world's fastest growing economy in 2015 and is expected to clock 7-7.5 percent growth in the New Year.

Telecom sector share in GDP marginally up at 1.94% in FY15

Contribution of telecom sector revenue to gross domestic product (GDP) increased marginally to 1.94 percent in 2014-15, Lok Sabha was informed on Wednesday.  

RBI to soon come up with vision document on payment systems
RBI to soon come up with vision document on payment systems

The Reserve Bank will soon be releasing a new vision document for the development of payment systems in the country, which will spell out the broader direction of regulation, its Deputy Governor R Gandhi said on Tuesday.

Lower agricultural output, poor rains spoil Modi govt's dream of over 8% growth
Lower agricultural output, poor rains spoil Modi govt's dream of over 8% growth

Govt has lowered the economic growth forecast for the current fiscal to 7-7.5 percent from previously projected 8.1-8.5 percent.

Maintaining growth momentum in 2016 'challenging': HSBC
Maintaining growth momentum in 2016 'challenging': HSBC

India's GDP growth quickened to 7.4 percent in the September quarter helped by 9.3 percent growth in manufacturing.

Nomura sees India's GDP growth at 7.8 % and 8% 2016-2017
Nomura sees India's GDP growth at 7.8 % and 8% 2016-2017

India is in the initial stages of a business cycle recovery with Gross Domestic Growth expected at 7.8 percent in 2016 and 8 percent in 2017, up from 7.3 percent expectation for this year, Japanese financial group Nomura forecast today.

Fiscal consolidation process on track: Jayant Sinha

To mobilise higher amount of resources, he said the government has been taking legal, administrative and technological measures.

Mobile sector to account for 8.2% of Indian GDP by 2020: GSMA

India has over one billion mobile subscribers as per telecom regulator Trai.

India's prospects relatively robust; to grow at 7.2%: OECD
India's prospects relatively robust; to grow at 7.2%: OECD

The latest growth estimate for India is same as the forecast made in September by the think tank.

India offers relative value in 'slow-growth' world: BofA-ML
India offers relative value in 'slow-growth' world: BofA-ML

India is growing faster than most emerging market peers and the country is expected to clock a GDP growth of 7.4 percent this fiscal, a Bank of America Merill Lynch report says.

New reform agenda has strengthened Indian economy: US
New reform agenda has strengthened Indian economy: US

Amid weaker outlook across emerging market economies, India's recovery has strengthened under a new reform agenda, but it is not yet a "major driver" of global growth, a US Treasury Department report has said.

World needs 'additional shoulders' to push economic growth: FM Jaitley
World needs 'additional shoulders' to push economic growth: FM Jaitley

Addressing students and faculty at Columbia University here on Monday, Jaitley said the revolution of raising expectations in India is a good sign.

Citi sees modest pick-up in GDP growth to 7.5% this fiscal
Citi sees modest pick-up in GDP growth to 7.5% this fiscal

It said that despite challenges in agricultural and manufacturing sectors, the recovery is likely to sustain as both fiscal and monetary policy are turning growth supportive.

India expected to weather global volatility: World Bank
India expected to weather global volatility: World Bank

Worl Bank in its latest report projects the country to grow by 8 percent by 2017-18.

India a bright spot in slowing world economy: IMF chief
India a bright spot in slowing world economy: IMF chief

IMF chief Christine Lagarde has said that global growth will likely be weaker this year with only a modest acceleration expected in 2016 but India remains a bright spot.