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IMF keeps India's growth forecast at 7.2% for 2017-18

IMF keeps India's growth forecast at 7.2% for 2017-18

According to IMF's World Economic Outlook Update, India's growth is projected to accelerate to 7.7 percent in 2018-19, from 7.2 percent forecast for 2017-18.

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.

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.

To transform, India needs to improve competitiveness of its states

Amit Kapoor/IANS

India has become the fastest-growing economy in the world. The next logical steps are to make this trend sustainable and to ensure that the benefits of this growth percolate down to the lowest rungs of the income hierarchy.

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.

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 to grow 8% next fiscal as GST benefits kick in: Das

India to grow 8% next fiscal as GST benefits kick in: Das

The 8 percent growth rate in 2018-19 fiscal year will compare to a projected 7.5 percent GDP expansion in the current financial year and 7.1 percent of 2016-17.

India to clock 7.1% GDP this year, 7.5% in 2018: UN report

India to clock 7.1% GDP this year, 7.5% in 2018: UN report

Inflation is projected to reach 5.3-5.5 percent in 2017 and 2018, which is somewhat above the official target of 4.5-5 percent.

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.

India's GDP to expand at 7.5% in 2017-18: Jaitley

India's GDP to expand at 7.5% in 2017-18: Jaitley

Indian economy will grow at a clip of 7.5 percent this fiscal, up from 7.1 percent in the previous year, and remains resilient with low inflation, fiscal prudence and low deficit, Finance Minister Arun Jaitley has said.

India records impressive growth in recent years: IMF

India records impressive growth in recent years: IMF

India's growth has been "impressive" in the recent years which makes room for tax broadening efforts by the government, according to a top IMF official.

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.