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Indian economy

India's growth may slow down further to 5.7% in Q1: Nomura

It attributed the slowdown to the ongoing crisis in shadow banks, which were funding the consumption drive before liquidity crisis hit them hard last September, as well as weakening global growth and the resultant demand slump.

Aug 21, 2019, 16:58 PM IST

Slowdown slayer: PSBs to suggest steps to boost economy

At present, a culmination of factors such as high GST rates, natural calamities, subdued farm produce prices, stagnant income levels and low job generation have led to the slowdown.

Aug 21, 2019, 11:56 AM IST

Industry leaders to meet FM Nirmala Sitharaman, press for Rs 1 lakh crore stimulus package: Sources

Business leaders meeting the finance minister include Uday Kotak, TV Narendran, Sandip Somani, BK Goenka, Sajan Jindal, Sunil Mathur, Anil khaitan, Sanjiv Puri, Rishab Premji, Sangeeta Reddy, Dilip Sanghvi and Ajay Piramal.

Aug 08, 2019, 11:53 AM IST

Nirmala Sitharaman dismisses concerns related to Indian economy slowing down

FM decided to take review and feedback meeting with MSME on Tuesday, Auto sector on Wednesday, followed by industry sector,  markets & finances and finally with real estate sectors.

Aug 05, 2019, 17:03 PM IST

IMF cuts India's GDP growth forecast to 7% for FY20

The growth is expected to rise to 7.2 percent points in FY21, down by the projected growth rate of 7.5 in the earlier report."India`s economy is set to grow at 7.0 percent in 2019, picking up to 7.2 percent in 2020.

Jul 24, 2019, 11:05 AM IST

IMF predicts Indian economy to grow at 7.2 per cent in 2020

The International Monetary Fund (IMF) has taken note of robust strides taken by the Indian economy in recent years and predicts it to grow at 7.2 per cent in 2020.

Jul 23, 2019, 18:55 PM IST

50 days of Modi government: How business and economy are shaping

Let's have a look at the economic achievements and goals of Modi 2.0 after being sworn in for the second time.

Jul 22, 2019, 14:43 PM IST

Investments of Rs 5 lakh crore required in Transmission to meet energy needs of a $5 trillion- economy: CII

The transmission sector has seen a fall in the investments to below 1.8 lakh crore in the last five years but this will need to see a significant jump as 500 GW of renewable energy is added to the grid by 2030, CII said.

Jul 19, 2019, 11:02 AM IST

Budget advances economic reform, fiscal settings unchanged: Fitch

Fitch said that the extent and timing of any benefits from the budget measures to GDP growth will depend on policy details that are yet to be announced and on effective implementation.

Jul 10, 2019, 15:14 PM IST

Going for growth, India set to borrow more: Economists

The median forecast in the series from the June 28-July 2 poll of over 45 economists showed the government will revise its fiscal deficit target up to 3.5% of gross domestic product (GDP) for the current fiscal year and 3.3% for 2020-21.

Jul 03, 2019, 10:44 AM IST

Haryana: Thugs looted ATM at gunpoint, abscond taking 5 lakhs

In Panipat of Haryana, Two Thugs looted ATM at gunpoint. Then abscond taking 5 lakhs rupees. Watch this video to know more.

Jun 24, 2019, 13:44 PM IST

PM Narendra Modi to meet top economists at NITI Aayog today, review economic growth

Prime Minister Modi will also hold discussions on the Union Budget and the proposals made for taxpayers.

Jun 22, 2019, 13:05 PM IST

India becomes investment darling for sovereign wealth and pension funds

Wealth and state pension funds are expanding their horizons to private markets, to complement an existing focus on stocks and bonds.

Jun 21, 2019, 12:17 PM IST

Economic activity clearly losing traction: Das said at MPC meet

Das, as per the minutes of the June 3-6 Monetary Policy Committee, said that since the last meeting of the rate-setting panel in April 2019, greater clarity has emerged about the evolving macroeconomic situation.

Jun 21, 2019, 11:07 AM IST

Circular economy likely to generate 1.4 crore jobs in 5-7 years: Kant

Speaking at an event organised by industry body Ficci, Kant said that sustainable development and resource circularity is the need of the hour to implement circular economy.

Jun 18, 2019, 10:12 AM IST

Fitch cuts India growth forecast to 6.6% for 2019-20 fiscal

In its latest Global Economic Outlook, the global rating agency retained its GDP growth forecast for the next fiscal (2020-21) at 7.1 percent and 7.0 percent for 2021-22.

Jun 17, 2019, 17:58 PM IST

Mike Pompeo says US open to discuss trade issues with India

Pompeo will embark on a four-nation visit of the Indo-Pacific on June 24. Other than India, he will visit Sri Lanka, Japan and South Korea, concluding his tour on June 30.

Jun 13, 2019, 10:07 AM IST

RBI lowers economic growth forecast to 7% for FY20

In the April monetary policy, the growth of Gross Domestic Product (GDP) for 2019-20 was projected at 7.2 percent - in the range of 6.8-7.1 percent for the first half of the fiscal and 7.3-7.4 percent for the second part - with risks evenly balanced.

Jun 06, 2019, 13:28 PM IST

Indian economy grew 7.2% in 2018-19, likely to top at 7.5% in FY19-20: World Bank

The Bank`s Economic Prospects Report released on Tuesday forecast India`s economy to grow by 7.5 per cent during this and the next two fiscal years, retaining its top spot as the fastest growing major economy. It would be helped by a "more accommodative monetary policy" and low inflation, it said.

Jun 05, 2019, 09:36 AM IST

India should think big and envision 10% GDP growth rate: CII President

With GDP growth moderating in the last quarter, the CII President emphasized four key drivers for reinvigorating the growth rate, namely boosting consumption, investments, public expenditure on social and physical infrastructure and net exports.

Jun 03, 2019, 15:54 PM IST