India GDP growth

PM Modi seeks double-digit GDP growth, raising India's share in world trade

He said GDP growth touched 7.7 percent in the last quarter of 2017-18 fiscal but now the time has come to look beyond 7-8 percent growth and target double-digit expansion.

Jun 22, 2018, 14:25 PM IST

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

Arguments between Finance Ministry and RBI are a good sign for the economy: Sanjeev Sanyal

Here are the edited excerpts of exclusive interview with Principal Economic Adviser Sanjeev Sanyal.

Jun 12, 2018, 16:15 PM IST

India posts 7.7% GDP growth in Q4, highest since demonetisation

The GDP growth for the entire fiscal of 2017-18 was at 6.7%.

May 31, 2018, 17:46 PM IST

India growth story credible; GDP to grow at 7.3% in FY19: World Bank

The Washington-based multi-lateral funding agency said the country would have to boost private investments and exports if it wanted to sustain higher rates of growth.

Mar 15, 2018, 06:37 AM IST

India's GDP can clip at 6.7% average for next 5 years: Ficth

The GDP recovered to 6.3 percent in the September quarter from a six-quarter-low of 5.7 percent in the preceding June quarter.

Jan 05, 2018, 09:49 AM IST

Exclusive: CII chief on what Fitch, S&P and Moody's ratings mean for India

In an interview with Zee Media, CII Director General Chandrajit Banerjee shares his views on India's growth prospects, expectations for an upward trajectory and more.

Dec 12, 2017, 07:30 AM IST

Nobody outside India calls 5.7% growth a slowdown: EC

Senior BJP leader Yashwant Sinha had in a recent article headlined "I need to speak up now", described the economy as a "mess" that will not resuscitate before the next general elections in 2019.

Oct 06, 2017, 21:22 PM IST

RBI disappoints by keeping its rates unchanged: FICCI

 Real interest rates remain unduly high and a cut in policy and lending rates would have helped propel demand for interest sensitive sectors such as consumer durables, auto and housing

Oct 04, 2017, 18:57 PM IST

Step up capital spending: Finance minister to CPSEs

The meeting was about capex, and as the country is on the growth path, the companies were advised to increase capex, NLC India Chairman and Managing Director S K Acharya said after the meeting.

Sep 28, 2017, 16:04 PM IST

Government in process of changing economic environment: Arun Jaitley

The Finance Minister said that the "environment" was a result of three factors. 

Sep 25, 2017, 19:43 PM IST

Need to fight economic challenges on multiple fronts: CEA

The big appreciation in the rupee between January and April impacted both exports and imports, he said, adding that the RBI has been intervening in the forex market for the past three months.

Sep 23, 2017, 15:54 PM IST

GDP growth to hit 7-7.5 percent in July-Sept: Rajiv Kumar

India's GDP growth rate slid to a 3-year low of 5.7 per cent in the first quarter (April-June), mainly on account of a slump in manufacturing.

Sep 01, 2017, 18:15 PM IST

India's growth to accelerate to 7.5% this fiscal: Moody's

India's economic growth will accelerate to 7.5 percent in current fiscal and the government's reform push will help achieve 8 percent GDP growth rate in about four years, Moody's said today.

May 31, 2017, 11:15 AM IST

Demonetisation effect transitory, says UN expert

The January report had not taken into consideration the impact of the demonetisation policy on India's economic growth.

May 17, 2017, 14:02 PM IST

Crisil blames divergent growth dataprints for WPI-CPI variance

With most analysts refusing to buy into the official growth numbers due to vast differences between GDP and GVA, a Crisil analysis has blamed the variance to the steeply falling WPI and the more-or-less stable CPI.

Mar 16, 2017, 12:10 PM IST

Indian economy will grow five-fold by 2040; has shown more resilience, says PM Modi

Prime Minister Narendra Modi on Monday said that India’s economy is expected to grow five fold by 2040, and has shown signs of more stability and resilience than any other economy in the world.

Dec 05, 2016, 10:45 AM IST

India's GDP growth to remain strong at 7.6% in 2016: World Bank

India's GDP growth will remain strong at 7.6 percent in 2016 and 7.7 percent in 2017, the World Bank has said, attributing it to increasingly positive contributions from exports and a recovery of private investment in the medium term.

Oct 04, 2016, 12:21 PM IST

HSBC 'overweight' on India, 2016-end Sensex target at 28,500

Global brokerage firm HSBC on Monday upgraded India to the 'overweight' status, citing improving domestic indicators and more realistic earnings expectations.

Jul 04, 2016, 14:29 PM IST

'Indian economy stands out amongst emerging markets'

Despite global uncertainties, banking sector issues, the economy stands out in terms of growth as compared to other emerging markets and the Indian financial system remains stable, a report released by Reserve Bank today said.

Jun 28, 2016, 18:12 PM IST