Indian GDP

World Bank notes India has recovered from demonetisation and GST, predicts 7.3% growth

World Bank notes India has recovered from demonetisation and GST, predicts 7.3% growth

The World Bank report does refer to both demonetisation and GST as crisis but states the worst is over.

Apr 17, 2018, 08:48 AM IST

Economic reforms to help support long-term growth: BMI Research

India's ranking on the World Bank's 2018 Ease of Doing Business index improved significantly to 100/190 countries - a 30 notch jump from its previous position.

Nov 07, 2017, 16:38 PM IST
India's current account deficit to be 1.5% of GDP this fiscal

India's current account deficit to be 1.5% of GDP this fiscal

Other factors include normalisation of gold imports and fading GST-related disruptions that are pushing exports to catch up with the global cycle.

Nov 01, 2017, 16:52 PM IST
India's half-year fiscal deficit crosses 91% of full year target

India's half-year fiscal deficit crosses 91% of full year target

The data revealed that total expenditure during the April-September period was Rs 11.49 lakh crore, or at 53.5 per cent of the entire fiscal`s estimate. 

Oct 31, 2017, 16:44 PM IST
IMF suggests India to set up independent fiscal council

IMF suggests India to set up independent fiscal council

"India has accepted a public debt anchor at 60 per cent of GDP. We think that is appropriate. And that's something that will help India establish its public debt as a safe asset," he said.

Oct 16, 2017, 16:50 PM IST
Govt stimulus to boost economy in the works

Govt stimulus to boost economy in the works

Chief Economic Advisor Arvind Subramanian has been tasked with preparing details of the pressure points facing the economy and the probable remedies.

Sep 24, 2017, 13:37 PM IST

Stimulus package should focus on raising capex: C Rangarajan

On demonetisation, he said adequate preparation by the central bank could have reduced the pain which people had to undergo on account of ban on high value notes last November.

Sep 22, 2017, 16:14 PM IST

GDP growth at 5% under old series; analysts cut FY18 estimates

Bank of America Merill Lynch (BofAML) said the GDP growth is "about 5 per cent", which is much below the 7 per cent potential under the old series of computation. It also cut its GVA growth forecast to 6.9 per cent from the earlier 7.2 per cent.

Sep 01, 2017, 17:59 PM IST

FDI flows into India to rise to 2.5% of GDP in 5 years: UBS

The foreign direct investments (FDI) into India have nearly doubled over the past decade to USD 42 billion, which was 1.9 per cent of GDP in 2016-17.

Aug 25, 2017, 17:07 PM IST

Economic Survey warns against spate of farm loan waivers

Farm loan waiver has been presumed to be inflationary. But the short-term consequences are likely to be "quite deflationary", it said.

Aug 11, 2017, 16:52 PM IST

'China should take competition from India seriously', warns Beijing's state media

China’s state-controlled media has said that India remained a potential emerging market that has high attractiveness for global capital. 

May 11, 2017, 19:24 PM IST
India's Q3 GDP soars to 7.5% as compared to 6.9% last year

India's Q3 GDP soars to 7.5% as compared to 6.9% last year

The data further said economy grew by 7.5 percent in the October-December quarter of the current fiscal after a growth rate of 8.2 percent in the preceding quarter.

Feb 09, 2015, 17:46 PM IST

'Use of licenced software can increase India's GDP by $739 bn'

Quoting from various studies GIPC, an affiliate of the US Chamber of Commerce, said India's GDP will see a significant increase if unabated use of online and software piracy is arrested.

Nov 11, 2013, 20:55 PM IST

India likely to become 3rd largest economy by 2030: StanChart

India is likely to become the third largest economy by 2030 behind China and the USA, a Standard Chartered report said while projecting that the world is in the midst of an economic "super-cycle".

Nov 06, 2013, 19:49 PM IST

India Inc asks for rate cut

With IIP contracting for the second month in June, India Inc Monday demanded a cut in interest rates to revive demand and to fast-track implementation of large projects to boost economic growth.

Aug 12, 2013, 23:02 PM IST

'Direct cash transfer can reduce food, fert subsidy by Rs 60k'

Government subsidies on food and fertiliser can be pruned by Rs 60,000 crore in 2013-14 through direct cash transfer system and that will help control huge fiscal deficit as well as food inflation, says a paper.

Apr 01, 2013, 20:12 PM IST

Very favorably impressed by recent Indian reforms: US

A top US official while praising the recent steps taken by the Indian government said she hopes that New Delhi would continue with the reforms in particular in the infrastructure sector and financial markets.

Feb 12, 2013, 11:53 AM IST

Tax rich more, mop up tax-GDP ratio, demands civil society

"...The Union Finance Ministry (need) to address the lack of progressive structure in the country's tax system and raise the much needed additional resources for financing education, health care, food security," civil society organisations Centre for Budget and Governance Accountability (CBGA), Oxfam India and Christian Aid said.

Feb 05, 2013, 19:23 PM IST

Indian economy likely to grow by 6.7% in 2013-14: Ficci

The chamber has revised its growth forecast upwards from 6.5 percent to 6.7 percent for the 2013-14 fiscal.

Jan 27, 2013, 12:37 PM IST

Economy likely to grow by 5.5-6% in 2012-13: Rajan

Industrial output bounced back to 8.2 percent in the month of October, against a contraction of 5 percent in the corresponding month a year ago.

Dec 15, 2012, 18:04 PM IST