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BJP win will facilitate further reforms, says Moody's

BJP win will facilitate further reforms, says Moody's

The BJP's thumping victory in Uttar Pradesh and substantial gains made in other states will facilitate reforms as the ruling party inches closer to a majority in Upper House, Moody's Investors Service said on Wednesday.

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.

GST may fuel growth of domestic auto ancillary industry

GST may fuel growth of domestic auto ancillary industry

The proposed GST implementation may fuel growth in the USD 39 billion domestic auto ancillary industry following lower taxation of 18 per cent under the new regime, industry experts said.

Q3 GDP data substantially impacted by demonetisation: Arun Jaitley

Q3 GDP data substantially impacted by demonetisation: Arun Jaitley

GDP number belies exaggerated claim by many that rural sector was in distress, FM added.

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.

India to be fastest growing economy among G-20 nations: Moody's

India to be fastest growing economy among G-20 nations: Moody's

The Indian economy had slowed in the fourth quarter of 2016 due to the withdrawal of 86 percent of the currency in circulation -- without an immediate replacement.

Growth slowdown spilling over into Jan-Mar quarter: Nomura

Growth slowdown spilling over into Jan-Mar quarter: Nomura

India's growth momentum witnessed a recovery in January but it is not broad-based and overall economic activity remains below pre-demonetisation levels.

Depressed investment outlook may threaten jobs, says industry

With industrial production contracting to four-month low of 0.4 percent in December, India Inc on Friday said jobs may be imperiled if the trend continues.

IIP contraction a fallout of demonetisation: FM

IIP contraction a fallout of demonetisation: FM

Finance Minister Arun Jaitley on Friday said contraction in industrial production in December was on account of the fallout of demonetisation and expansion was expected in the coming months.

IIP contracts to 4-month low of 0.4% in December

IIP contracts to 4-month low of 0.4% in December

Industrial production contracts 0.4 percent in December 2016 as against a decline of 0.9 percent in the same month a year ago.

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.

Arvind Panagariya addressing media after meeting of Niti Aayog

Arvind Panagariya addressing media after meeting of Niti Aayog. Watch this special segment and get to know more here.

India economic growth on recovery path from April 2017: Morgan Stanley

India economic growth on recovery path from April 2017: Morgan Stanley

The impact of demonetisation will only be short-term and India's growth momentum is likely to get back on recovery path from April next year with support from consumption and exports, says a Morgan Stanley report.

India's GDP growth to slow to 6.5% in Q4

India's GDP growth to slow to 6.5% in Q4

India's economic growth rate is likely to fall to 6.5 percent in the ongoing quarter and remain subdued at around 7 percent in the January-March period as cash shortage is expected to last at least until next month.

Indian economy grew 7.1% in first half of fiscal: Sitharaman

Indian economy grew 7.1% in first half of fiscal: Sitharaman

New Delhi, Nov 28 (IANS) The Indian economy grew at 7.1 per cent in the first half of the current fiscal, despite subdued growth in the global economy, Parliament was informed on Monday.

Need to revive arbitral centres to win investor confidence: Arun Jaitley

Need to revive arbitral centres to win investor confidence: Arun Jaitley

Pitching for making India an important commercial arbitral centre, Finance Minister Arun Jaitley on Friday said efforts are being made to revive the arbitration centres in Mumbai and national capital with a view to expedite contractual dispute resolution at lesser cost.

India's current account deficit likely to stay below 1% of GDP this year: DBS

India's current account deficit likely to stay below 1% of GDP this year: DBS

India's current account deficit is likely to stay below 1 percent of GDP this year, largely due to a sharp fall in the trade deficit as against last year, says a DBS research report.

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.