India's economic growth

India should aim at 7.5% growth in 2 years: Ex-RBI Guv

India should aim at 7.5% growth in 2 years: Ex-RBI Guv

Reddy said the economy was helped by a positive shock for almost three years on account of the drop in oil prices, which, he underlined, were at a third of what they were doing during his governorship.

Dec 10, 2017, 14:48 PM IST
RBI says economy on the mend; sees growth gaining momentum

RBI says economy on the mend; sees growth gaining momentum

In the Fifth Bi-Monthly Monetary Policy Review for 2017- 18, where it left the key policy rate unchanged, the central bank sounded confident of the economy achieving its previous growth estimate of 6.7 percent on a gross value-added basis, with risks evenly balanced.

Dec 06, 2017, 20:45 PM IST
RBI fifth monetary policy review for 2017-18: Full text

RBI fifth monetary policy review for 2017-18: Full text

RBI has kept the key interest rate unchanged, on the expected lines.

Dec 06, 2017, 15:08 PM IST
6.3% growth in economy far below what Modi govt promised: Chidambaram

6.3% growth in economy far below what Modi govt promised: Chidambaram

Former finance minister P Chidambaram further said Q2 economic growth is also far below the potential of a well-managed Indian economy.

Nov 30, 2017, 18:54 PM IST
GDP growth picks up to 6.3%; Jaitley says impact of GST and note ban behind us

GDP growth picks up to 6.3%; Jaitley says impact of GST and note ban behind us

Gross domestic product grew 6.3 percent in July-September, its fastest pace in three quarters, the data showed.

Nov 30, 2017, 17:32 PM IST
Development should be inclusive: NITI Aayog vice chairman

Development should be inclusive: NITI Aayog vice chairman

The government has launched a number of innovative measures to provide a greater momentum to achieve "New India by 2022" when the country would be free from poverty, corruption and terrorism, NITI Aayog Vice Chairman Rajiv Kumar said.

Nov 29, 2017, 23:36 PM IST
Analysts forecast better Q2 show with a GDP print of 6.4%

Analysts forecast better Q2 show with a GDP print of 6.4%

Growth had slid to a three-year low of 5.7 percent for the three months to June on the spillover effects of the note ban and the GST implementation.

Nov 29, 2017, 15:41 PM IST
GES 2017: We have made Aadhaar, world's largest digital database, says PM Narendra Modi

GES 2017: We have made Aadhaar, world's largest digital database, says PM Narendra Modi

Prime Minister also said that his government has taken several steps to improve business environment.

Nov 28, 2017, 18:43 PM IST
Piyush Goyal vows continued good governance on Moody's rating cheer

Piyush Goyal vows continued good governance on Moody's rating cheer

The US-based Moody's has upgraded India's sovereign rating after a gap of 13 years to Baa2 with a stable outlook. The rating action implies India is investment grade with moderate credit risk, which is two notches above the junk grade.

Nov 17, 2017, 17:09 PM IST
Moody's upgrade positive signal for economy: Shaktikanta Das

Moody's upgrade positive signal for economy: Shaktikanta Das

Large number of reforms have happened in India in the last three years - economic, structural, and institutional. All measures have been on track. 

Nov 17, 2017, 15:55 PM IST
India to pip Japan as world's third largest economy by 2028: Report

India to pip Japan as world's third largest economy by 2028: Report

The country has already overtaken Brazil and Russia to emerge as the second largest BRIC economy after China and is well on track to cross France and Britain to emerge as the world's fifth largest economy after Germany by 2019.

Nov 13, 2017, 20:59 PM IST
Demonetisation helped formalising large part of economy: PM Narendra Modi

Demonetisation helped formalising large part of economy: PM Narendra Modi

In an address at an ASEAN business forum, Modi also highlighting rolling out of the Goods and Services Tax (GST) as well as measures for bankruptcy and insolvency proceedings, besides the linking of Aadhaar database with financial transactions as part of broader policy initiatives to bring transparency in the financial sector.

Nov 13, 2017, 19:19 PM IST
PM Narendra Modi's economic council to link growth with social aspects

PM Narendra Modi's economic council to link growth with social aspects

The Council also laid out a road map for stepping up job creation, skill development and recommended enhanced resource investment in social sectors including health and education.

Nov 10, 2017, 16:32 PM 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 services activity grows for 2nd straight month in October

India's services activity grows for 2nd straight month in October

To cater to greater output requirements, service providers hired more for the second month in succession, but the rate of job creation slowed from September.

Nov 03, 2017, 11:11 AM 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

MSMEs an important chapter in Indian economy: Swiss diplomat

The ambassador was addressing a two-day 'National Summit on Energy Efficiency in Micro, Small and Medium Enterprises (MSMEs)' being organised by The Energy and Resources Institute (TERI), in association with the Ministry of MSME, here.

Oct 31, 2017, 17:10 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

World markets ripe for the taking, but where is India's strategy?

It also recommends the creation of a supportive infrastructure for exports, including more laboratories for testing and more tool rooms and plant quarantine facilities, among others.

Oct 31, 2017, 14:02 PM IST

Q2 GDP likely to recover to 6%: SBI Research

Further, it noted that most of the lead indicators -- foreign tourist arrivals, international passenger and air freight traffic, railway traffic and telephone subscribers has showed an uptick in recent months.

Oct 30, 2017, 16:57 PM IST