'India to clock nearly 8% GDP growth in 2016-17'

'India to clock nearly 8% GDP growth in 2016-17'

 India's economy is likely to clock nearly 8 percent growth in the current fiscal on the back of robust private consumption, which has benefited from lower energy prices and higher real incomes, according to PHD Chamber of Commerce.

India's growth to reach 7.8% in 2016: Nomura

India's GDP growth is likely to recover to 7.8 percent this year due to higher public capex, upcoming pay commission awards and a normal monsoon.

India's growth spillover unlikely outside South Asia: IMF

India's growth spillover unlikely outside South Asia: IMF

Even as India is now the fastest growing emerging economy in the world, its impact is unlikely to be felt beyond South Asia, senior IMF officials said.

India to notch up to 7.5% growth in 2016-17: IMF

India to notch up to 7.5% growth in 2016-17: IMF

Driven by private consumption and increased industrial activity, India's growth is projected to notch up to 7.5 percent in 2016?17, overtaking China's GDP by more than 1 percent, the IMF said on Tuesday.

CAD to shrink further in March quarter: HSBC

CAD to shrink further in March quarter: HSBC

The current account deficit narrowed in the October-December quarter of 2015 and is likely to shrink further in the March quarter of this year.

Agri sector has to grow fastest to eradicate poverty: Arun Jaitley

Agri sector has to grow fastest to eradicate poverty: Arun Jaitley

Union Finance Minister Arun Jaitley on Tuesday laid bare the priority of the government, saying agriculture will have to grow "fastest" for the country to get rid of poverty and push the overall GDP expansion.

Indian GDP growth to pick up to 7.8% in 2016-17: Nomura

Indian GDP growth to pick up to 7.8% in 2016-17: Nomura

India's GDP growth is likely to pick up to 7.8 percent in fiscal 2016-17 from 7.6 percent this year, largely driven by higher discretionary demand

Govt can exceed growth target with less obstructions, says FM

Finance Minister Arun Jaitley on Wednesday exuded confidence that the growth rate in the next fiscal could exceed 7-7.75 percent if there is less political obstructionism and the government is allowed to push through important Bills like GST and the bankruptcy law.

Arun Jaitley pledges all support to keep PSBs in 'good health'

Arun Jaitley pledges all support to keep PSBs in 'good health'

Welcoming RBI's easing of rules to allow lenders to bolster capital ratios, Finance Minister Arun Jaitley Wednesday said the government will take all steps and provide resources to keep public sector banks in good health.

India's manufacturing growth remains unchanged in February, new orders pace up

India's manufacturing growth remains unchanged in February, new orders pace up

India's manufacturing growth remained unchanged in February following price reductions even as new orders registered the strongest upturn since last September.

As Modi euphoria cools, India faces test to keep foreigners invested

Modi also faces a fraught domestic environment amid widespread doubts about the accuracy of data showing India`s economy grew at 7.3 percent in the October-December quarter, higher than China.

'Pushing GDP over fiscal discipline to be counter-productive'

'Pushing GDP over fiscal discipline to be counter-productive'

 The government's likely approach of giving priority to growth numbers at the expense of fiscal consolidation could prove "counter-productive", says HSBC.

Moody's pegs India's GDP growth at 7.5% in 2016-17

Moody's pegs India's GDP growth at 7.5% in 2016-17

The recent measures that now allow 100 percent foreign ownership in a number of sectors will foster further increases in FDI.

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.