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India fiscal health

Fitch ups India growth forecast to 7.4% for FY'19

For 2019-20, it estimated the country to grow at 7.5 percent.

Jun 13, 2018, 17:59 PM IST

India's April trade deficit widens to $13.7 billion

Goods imports last month were $39.6 billion, a gain of 4.6 percent from a year ago, data from the commerce and industry ministry showed.

May 15, 2018, 18:11 PM IST

India's economy likely to grow at 7.3% this fiscal: Report

BMI Research has a mixed growth outlook for South Asia in 2018.

May 02, 2018, 17:53 PM IST

India's net FDI inflows for FY17 likely at $35 billion: Citigroup

India is expected to see net FDI inflows of USD 35 billion this financial year, which may fall short of the figure for 2015-16, says a Citigroup report.

Sep 08, 2016, 15:27 PM IST

'India can recast global narrative; needs 8-10% growth'

India has a hugely "unfulfilled potential" and is uniquely positioned to "recast the global narrative", requiring 8-10 percent growth rate over 20 years so as to reduce the per capita income gap with the likes of China, Singapore Deputy Prime Minister Tharman Shanmugaratnam.

Aug 26, 2016, 16:09 PM IST

India's growth to reach 7.8% in 2016: Nomura

India's GDP growth is likely to recover to 7.8 percent this year due to higher public capex, upcoming pay commission awards and a normal monsoon.

Apr 22, 2016, 17:15 PM IST

Govt can exceed growth target with less obstructions, says FM

Finance Minister Arun Jaitley on Wednesday exuded confidence that the growth rate in the next fiscal could exceed 7-7.75 percent if there is less political obstructionism and the government is allowed to push through important Bills like GST and the bankruptcy law.

Mar 02, 2016, 12:46 PM IST

India's Q3 GDP growth projected at 7.6%

The country is expected to grow by by 7.6 percent in the October-December quarter of the current fiscal -- the fastest pace of expansion in five quarters -- India Ratings and Research (Ind-Ra) said on Friday.

Feb 05, 2016, 15:16 PM IST

CAD remains in check; likely to be less than $25 bn: Barclays

According to experts, a CAD up to 2.5 percent of GDP can be financed with the current level of foreign fund inflows and remittances.

Dec 27, 2015, 15:16 PM IST

Lower agricultural output, poor rains spoil Modi govt's dream of over 8% growth

Govt has lowered the economic growth forecast for the current fiscal to 7-7.5 percent from previously projected 8.1-8.5 percent.

Dec 18, 2015, 12:51 PM IST

New govt dealt with fiscal issues in less than a year: Jaitley

The new Indian government has been able to address the country's most pressing economic problems and reduce the costs of doing business in less than a year after coming to power, Finance Minister Arun Jaitley has said.

Apr 17, 2015, 06:06 AM IST

Questions on GDP keep coming for India's statisticians

Last week, the Reserve Bank of India (RBI) pointed out several gaps in the new figures, which it said clouded an accurate assessment of the economy and could lead to poor policy.

Apr 17, 2015, 05:53 AM IST

India to grow at 6.4% next fiscal: UN study

A pick up in growth of Indian economy to about 6.4 percent next fiscal is expected to drive South Asia's economic expansion to a four-year high in 2015, says an UN report released on Tuesday.

Jan 20, 2015, 12:17 PM IST

India should use low oil prices to put fiscal house in order: Kaushik Basu

The sharp decline in global crude oil prices gives India a rare "window of opportunity" to put its fiscal house in order and carry out the much-needed economic reforms like cutting down oil subsidy, says a top World Bank official.

Jan 08, 2015, 13:44 PM IST

Govt working on changing base year for GDP to 2011-12

The government has initiated the process to change the base year to 2011-12 for computing the country's gross domestic product (GDP) to better capture the changes in economy.

Sep 09, 2014, 18:25 PM IST

RBI to release annual GDP data Friday

RBI due to release the GDP (gross domestic product) figures Friday, growth in the current fiscal is expected top 5.5 percent as predicted by the country`s central bank.

Aug 28, 2014, 18:53 PM IST

High fiscal deficit exposing India to shocks: Moody's

India's credit outlook will depend on government's initiatives in the next month's budget to contain expenditure, Moody's said.

Jun 19, 2014, 11:10 AM IST

India's exports may touch $360 bn this fiscal: FIEO

India's exports are expected to touch USD 360 billion in the current fiscal from USD 312.35 billion in 2013-14, Federation of Indian Export Organisations (FIEO) on Thursday said.

Jun 05, 2014, 21:01 PM IST

Fiscal deficit in Apr-Feb at 114.3% of full year target

The deficit, which is the gap between expenditure and revenue, was 97.4 percent during April-February a year ago.

Mar 31, 2014, 19:55 PM IST

Fiscal deficit likely to come down to 4.7% in 2013-14

"Fiscal deficit will be restricted at 4.7 percent, but it will happen by credible means. The realisation from spectrum auction will help better the number," the official said.

Feb 09, 2014, 11:54 AM IST