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Successful policy implementation to make India $4.5 trillion economy

Successful policy implementation to make India $4.5 trillion economy

Last Updated: Friday, August 22, 2014, 17:46

According to the global business information, knowledge and insight provider, India is likely to achieve an average growth rate of around 7.5 percent during FY15-FY20.

RBI sees no big impact of weak monsoon on growth, farm output

RBI sees no big impact of weak monsoon on growth, farm output

Last Updated: Thursday, August 21, 2014, 19:34

The impact of weak monsoon so far this year on India's farm production and economy is likely to be limited, the central bank said today, as rainfall levels have improved considerably over the past one month.

RBI says growth picking up, sees 5.5% expansion this year

RBI says growth picking up, sees 5.5% expansion this year

Last Updated: Thursday, August 21, 2014, 19:28

The Reserve Bank on Thursday said the economy is likely to grow at 5.5 percent in the current fiscal as it sees pick-up in manufacturing and investment.

June quarter GDP to be at 6%; FY15 GDP at 5.4%: BofA-ML

June quarter GDP to be at 6%; FY15 GDP at 5.4%: BofA-ML

Last Updated: Thursday, August 21, 2014, 17:59

India's GDP growth rate in the first quarter of this fiscal year is likely to be around 6 percent up from 4.6 percent in March, driven up by higher industrial growth, a Bank of America Merrill Lynch report says.

India risks loss of 8.7% of GDP by 2100 on climate change: ADB

Last Updated: Tuesday, August 19, 2014, 17:23

A global failure to respond to climate changes could result in about 8.7 percent economic loss in India's Gross Domestic Product (GDP) by 2100, Asian Development Bank said on Tuesday.

Arun Jaitley for rationalising subsidies

Last Updated: Saturday, August 16, 2014, 16:15

Finance Minister Arun Jaitley on Saturday said the ballooning subsidy bill needs to be lowered by rationalising the dole-outs.

Low growth, high inflation not acceptable: Jaitley

Last Updated: Saturday, August 16, 2014, 14:50

Finance Minister Arun Jaitley on Saturday said the current situation of high inflation and low growth has to be reversed to achieve sustainable GDP expansion along with improvement in price situation.

Inflation rising, tough to expect a rate cut from RBI:Analysts

Last Updated: Wednesday, August 13, 2014, 19:26

The industrial output growth slowed down to 3.4 percent in June, after rising 5 percent in May.

India to surpass US economy by mid-21st century: Vietnam expert

Last Updated: Tuesday, August 12, 2014, 21:24

India was the "honour" of the BRICS group of nations and its economy will exceed that of the US by the middle of this century, a Vietnamese expert said here Tuesday.

Full financial inclusion can boost GDP by 0.9%, says report

Last Updated: Tuesday, August 12, 2014, 21:22

The commentary comes days ahead of the announcement of a comprehensive financial inclusion plan scheduled to be made by Prime Minister Narendra Modi on August 15.

Moody's pegs India growth at 5% this year

Last Updated: Tuesday, August 12, 2014, 20:22

Projecting a better growth outlook for India, global rating agency Moody's on Tuesday said the country's GDP will grow by 5 percent this year and accelerate further in 2015.

India on its way back to 7% growth, 6% inflation: Citigroup

Last Updated: Tuesday, August 12, 2014, 18:28

The Indian economy stands at the cusp of a recovery and is on its way to a 7 percent growth rate and 6 percent inflation, says a Citigroup research report.