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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.

India likely to clock GDP growth of 6.9% this fiscal

Indian economy is expected to recover in the coming quarters and the country is expected to clock a real GDP growth of 6.9 percent in this financial year, says a report.

India's services sector growth rises to 8-month high in June

India's services sector growth rises to 8-month high in June

Services sector activity in India rose to an eight-month high of 53.1 in June, driven by a sharp jump in new work orders, suggesting an economic rebound going forward.

Revision in WPI, IIP base year will raise 2016-17 GDP by 0.50%

Revision in WPI, IIP base year will raise 2016-17 GDP by 0.50%

CSO had predicted a growth rate of 7.1 percent for 2016-17, in which the October-December quarter was predominantly marked by the demonetisation.

India's GDP growth to rise to 7.9% by December 2017

India's GDP growth to rise to 7.9% by December 2017

The Indian economy is entering a "productive growth phase" and real GDP growth is likely to rise to 7.9 per cent by December driven by favourable external demand, improving corporate balance sheets and private capex recovery, says a report.

India will clock over 7.5% growth in 2017-18: Finance Secy Ashok Lavasa

India can clock a GDP growth of over 7.5 percent in the fiscal 2017-18 and the country's macro-economic fundamentals, including fiscal deficit and inflation, are all "very sound", according to Finance Secretary Ashok Lavasa.

Rating agencies far from India's ground realities: Das

Rating agencies far from India's ground realities: Das

Upset over not getting a rating upgrade, India has lashed out at global rating agencies saying they are far detached from ground realities and must introspect as the reforms initiated certainly warranted an upgrade.

India in advanced stages of formulating defence manufacturing policy: FM Jaitley

The government has pledged to spend $250 billion by 2025 on weapons and military equipment.

Q3 GDP data surprising; Indian economy to grow by 7.1% in current fiscal: Fitch

Q3 GDP data surprising; Indian economy to grow by 7.1% in current fiscal: Fitch

Indian economy will grow by 7.1 percent in current fiscal, 7.7 percent in 2017-18, rating agency Fitch said on Tuesday.

Government sees FY17 per capita income rising 10% to Rs 1,03,818

Government sees FY17 per capita income rising 10% to Rs 1,03,818

 India's per capita net national income is expected to rise 10.2 percent to Rs. 1,03,818 in the current fiscal, government data showed today.

India Inc pitches for reforms as economy grows 7% in Q3

India Inc pitches for reforms as economy grows 7% in Q3

With the GDP growing by 7 percent in the third quarter, India Inc said the economy is getting back on track yet reforms are needed to revive investments and push demand hit by note ban.

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 %.

OECD cuts India growth to 7%, says India a star performer

OECD cuts India growth to 7%, says India a star performer

India`s rapid economic growth has lifted 140 million people out of poverty in the past decade but large parts of the population still lack access to elecricity and toilets, the OECD said in a report Tuesday.

Q3 GDP estimate to factor in effect of demonetisation

Q3 GDP estimate to factor in effect of demonetisation

The Central Statistics Office(CSO) on Tuesday, will unveil the revised advance estimate of India GDP growth in 2016017. In the wake of the cash ban, a number of think-tanks and experts have lowered their projections of GDP growth for FY17 to even below 7.1 percent.

GDP growth to slow to 5.7% in Jan-Mar 2017: Nomura

GDP growth to slow to 5.7% in Jan-Mar 2017: Nomura

India's economic growth is likely to remain muted in the first quarter of this calender year with the GDP likely to grow at 5.7 percent in the January-March period amid subdued activity, says a report.

About 2.83 lakh estimated central government jobs by 2018

About 2.83 lakh estimated central government jobs by 2018

Nearly 2.83 lakh central government jobs are estimated to be generated by next year.

Forex reserves up $1.58 bn to $363.146 bn

Forex reserves up $1.58 bn to $363.146 bn

India's foreign exchange reserves rose by USD 1.588 billion to USD 363.146 billion in the week to February 3 on a jump in core currency holdings and value of gold reserves, the Reserve Bank said.

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.

Economy to grow more than 7% next fiscal: Das

Economy to grow more than 7% next fiscal: Das

Stepping up the growth pitch, Economic Affairs Secretary Shaktikanta Das today expressed confidence that the economy will grow upwards of 7 per cent next fiscal.

Economy to grow more than 7% next fiscal: Shaktikanta Das

Economy to grow more than 7% next fiscal: Shaktikanta Das

Stepping up the growth pitch, Economic Affairs Secretary Shaktikanta Das today expressed confidence that the economy will grow upwards of 7 per cent next fiscal.