News WrapGet Handpicked Stories from our editors directly to your mailbox

India economy

Paisa, paisa, paisa: Whoever wins the 2019 Lok Sabha elections, the economy will be their biggest challenge

The Indian economy is in a strange shape. Irrespective of the policy priorities of the next government, the economy will be the source of the biggest challenges.

May 15, 2019, 15:01 PM IST

India one of world's fastest growing large economies: International Monetary Fund

IMF communications director Gerry Rice Thursday said, "India has of course been one of the world's fastest growing large economies of late, with growth averaging about seven per cent over the past five years."

Mar 22, 2019, 08:37 AM IST

Indian economy in a better position under NDA : Arun Jaitley

Their Relationship with Growth, Jaitley compared the GDP growth and inflation data of the current government with previous governments to bring home the point that the growth rate has been higher under Prime Minister Narendra Modi's leadership. Watch this video to know more.

Jan 16, 2019, 09:28 AM IST

Several Indian companies debarred by World Bank for fraudulent, corrupt practices

In its latest annual report on Wednesday, the World Bank said Olive Health Care and Jay Modi from India have been debarred from for their fraudulent and corrupt practices. 

Oct 04, 2018, 05:53 AM IST

India's economy seen growing at steady 7.6 percent pace in April-June: Reuters poll

The poll results suggest domestic demand was strong, driven primarily by manufacturing activity that remained solid.

Aug 29, 2018, 11:56 AM IST

Economy on recovery path, investments likely to pick up: CII

CII President Rakesh Bharti Mittal said the impact of sustained structural reforms is now being felt on the ground as a mammoth economy is turning around.

May 28, 2018, 15:15 PM IST

India will soon overtake China’s economy under PM Modi's leadership: Shivraj Chouhan

Chouhan, who is currently on a six-day visit to the US, announced the Friends of Madhya Pradesh Summit in January, 2018

Oct 26, 2017, 08:23 AM IST

After Sinha, RSS-affiliate labour body tears into Modi govt; Ambani remains hopeful

Saji Narayanan, National President of the Bharatiya Mazdoor Sangh, in a statement demanded the government declare a stimulus package towards employment generating activities in labour intensive sectors "to contain slowdown of the economy".

Sep 27, 2017, 13:53 PM IST

PM Modi to meet FM, officials to review economic situation today

Increasing government spending, particularly on infrastructure, combined with quickly fixing the problems with GST may feature in tomorrow's deliberations.

Sep 18, 2017, 19:17 PM IST

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.

Jul 06, 2017, 12:55 PM IST

India's services sector growth rises to 8-month high in June

Services sector activity in India rose to an eight-month high of 53.1 in June, driven by a sharp jump in new work orders, suggesting an economic rebound going forward.

Jul 05, 2017, 11:44 AM IST

Centre takes on Manmohan Singh for his 'economy running on one engine' remark

The Centre on Wednesday took on former prime minister Dr. Manmohan Singh for his `economy running on one engine` remark, saying that India is moving forward with the help of a single and solid engine under the leadership of Prime Minister Narendra Modi.

Jun 07, 2017, 13:24 PM IST

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.

Mar 07, 2017, 10:29 AM IST

Q3 GDP data substantially impacted by demonetisation: Arun Jaitley

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

Mar 01, 2017, 16:03 PM IST

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.

Feb 28, 2017, 11:47 AM IST

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.

Feb 27, 2017, 18:33 PM IST

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.

Feb 04, 2017, 13:07 PM IST

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.

Feb 04, 2017, 13:07 PM IST

India's services sector contracts for 3rd month in January, rebound likely

ndia's services languished, with new business orders falling for the third straight month, amid muted inflationary pressure that could offer RBI much room to remain accommodative in its next policy meet next week.

Feb 03, 2017, 11:44 AM IST

Demonetisation, GST to fetch more revenues to govt: Jaitley

Arun Jaitley put up a spirited defence of demonetisation, saying the drive "shook" the financial system for a short while, but will integrate the shadow economy with the formal in the long run and ensure better tax compliance.

Jan 27, 2017, 13:09 PM IST