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Indian economy

Arresting slowdown, creating jobs priorities for new government

BJP has won more than 300 seats in the latest polls, bettering its performance in 2014. But the victory has come amid agrarian distress, youth unemployment, anemic growth and troubles in the financial system.

May 24, 2019, 15:28 PM IST

India Inc hails 'NaMo again', watches for bold reforms in NDA 2.0

Several corporate honchos, have cheered results and trends pointed towards the BJP and allies returning to power with a thumping majority.

May 24, 2019, 13:05 PM IST

PM Modi's big win signals strong Indian GDP growth will continue

Despite challenges, the economic outlook looks positive for the second term of the Modi-led BJP government, with GDP growth forecast to average around 7 percent per year over the 2019-2023 period.

May 24, 2019, 13:01 PM IST

Startups hope new govt will drive growth agenda, ease regulatory burden

Startups said the new government should accelerate the momentum on tech innovation, and focus on training and skilling initiatives for entrepreneurs - all of which will cement India's position as a hotbed for startups.

May 24, 2019, 12:59 PM IST

India needs to make efforts to reach double digit growth: EAC-PM member

Ravi also refuted the contention of her EAC-PM colleague Rathin Roy that India could fall into the middle income trap -- a term used by the World Bank to refer to nations that get stuck at a middle level of economic development as they attempt to grow rich.

May 18, 2019, 18:12 PM IST

High oil prices an 'Achilles heel' for Indian economy: Report

Also, pipeline inflation risks due to high oil prices further raise the hurdle for rate-cuts.

Apr 23, 2019, 09:49 AM IST

India's economic growth driven by domestic demand, need to focus on exports: WB

Praising attempts to liberalize markets within India, Hans Timmer, World Bank Chief Economist for the South Asia Region said "that is what is needed to become more competitive."

Apr 08, 2019, 08:57 AM IST

India set to grow at 7.2% this fiscal on rising consumption: ADB

India is expected to rebound to 7.2 percent in 2019 and 7.3 percent in 2020.

Apr 03, 2019, 09:48 AM IST

States with highest and lowest production of vegetables in last 4 years

In the last four years, West Bengal topped the chart for the States with Highest Production Of Vegetables.

Mar 29, 2019, 15:00 PM IST

States with highest and lowest production of foodgrains in last 4 years

Agriculture and allied sectors contributed approximately 17.4 percent of India’s GVA at current prices during 2016-17.

Mar 27, 2019, 17:34 PM IST

India far away from being less-cash economy, must address digital payments security issues: Nilekani

He was addressing the '2019 India Forum of the PCI Security Standards Council' through video conferencing here.

Mar 14, 2019, 12:43 PM IST

India to grow at 7.3% in 2019, 2020: Moody's

Moody's growth estimates in based on calendar year. India, however, measures its economic growth on the basis of fiscal year (April-March).

Mar 01, 2019, 13:58 PM IST

SBI Research pegs India's Q3 GDP at 6.6-6.7%

The yearly SBI composite index for February saw a marginally rise to 50.60 (a score of under 50 indicates negative growth).

Feb 26, 2019, 15:26 PM IST

Growths set to slow down to 6-6.5% in H1 of 19: Nomura

The Reserve Bank under the new governor had last week projected a GDP growth of 7.4 percent for 2019-20--7.2-7.4 percent in first half, and 7.5 percent in the second half.

Feb 20, 2019, 13:10 PM IST

Indian economy may grow 7.6% in FY20: UN report

It further said a more robust and sustained recovery of private investment would remain crucial to lift medium-term growth.

Jan 24, 2019, 12:48 PM IST

India to be global growth leader in 2019-20, expected to grow by 7.5%: IMF

India will continue to be the world`s fastest growing major economy, the report said.

Jan 22, 2019, 10:47 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

ADB to scale up India lending to $4.5 bn in 2019

ADB committed USD 3.03 billion in sovereign loans to India in 2018, the highest ever annual lending commitment, he said, adding that USD 557 million loan was for the private sector.

Jan 11, 2019, 18:02 PM IST

Agri, manufacturing to push GDP grow to 7.2% in 2018-19: CSO

The CSO estimate is, however, a bit lower than 7.4 percent growth projected by the Reserve Bank for the current fiscal.

Jan 08, 2019, 14:36 PM IST

India's GDP to grow at 7.2% in 2018-19, predicts Central Statistics Office

The GDP had expanded by 7.1 per cent in 2016-17 and 8.2 per cent in 2015-16.

Jan 07, 2019, 18:19 PM IST