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Economic growth rate News

21 Jan 2020

IMF cuts India's growth rate to 4.8% for current financial year

The IMF attributed the slash in estimate to the slowdown in demand in the domestic market and stress in the nonbank financial sector.

17 Jan 2020

UN report projects India's growth rate at 5.7% for 2019-20, 6.6% in next fisca

The projection in the UN`s World Economic Situation and Prospects report released on Thursday are higher than the 5 per cent made by the World Bank earlier this month.

14 Apr 2016

7.5 percent growth not enough for India's requirement: Arun Jaitley

India's current growth rate of 7.5 per cent is not enough as per its own requirement standard, Arun Jaitley has said.

India's per capita income

30 Jan 2015

Base year change: Per capita income rises to Rs 6699/month in FY14

India's per capita income, a gauge for assessing standard of living, for 2013-14 is up at Rs 6,699 per month for 2013-14 as against the earlier estimate of Rs 6,198.33 after the government updated the base year for measuring national accounts.

02 Nov 2014

New GDP data with 2011-12 as base year in January

Seeking to present a more realistic picture of the economy, the government will release a new series of national accounts with 2011-12 as base year for computing the economic growth rate.

01 Sep 2014

Rupee up 3 paise at 60.47 against US dollar in early trade

The rupee recovered by three paise to 60.47 against the US dollar in early trade on Monday on sustained foreign capital inflows amid the country's economic growth rate improving to two-and-half year high of 5.7 percent in the April-June quarter.

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