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India's economic growth

India's GDP growth rate slumps to 5.8% in fourth quarter

India’s economic growth rate slowed to five-year low of 5.8% in January-March 2018-19, due to poor performance in agriculture and manufacturing sectors, official data released on May 31 said

Jun 01, 2019, 10:18 AM IST

India's economic growth held back due to demonetisation, GST: Raghuram Rajan

Addressing an audience at the University of California in Berkley on Friday, Rajan said for four years - 2012 to 2016 - India was growing at a faster pace before it was hit by two major headwinds. 

Nov 10, 2018, 19:19 PM IST

Ind-Ra pegs Indian economic growth at 7.2% in 2018-19

The rating agency earlier forecasted India's economic growth at 7.4 per in current fiscal.

Aug 16, 2018, 17:24 PM IST

GST, bank balance sheet problems pushed India's economic growth downward but gradual recovery expected: UN

The report said that India's GDP is forecast to grow 7.2 percent in 2018 and 7.4 percent next year.

May 08, 2018, 11:59 AM IST

India to grow 7.3% this fiscal, 7.6% in next: ADB

The ADB's growth projection of 7.3 percent this fiscal is in line with that of rating agency Fitch, but a tad lower than RBI's forecast of 7.4 percent.

Apr 11, 2018, 09:27 AM IST

India Ratings projects economic growth at 7.1% next fiscal

The projection is a tad lower than 7.4 percent growth estimated by Asian Development Bank (ADB) and International Monetary Fund (IMF) for next fiscal.

Jan 18, 2018, 13:37 PM IST

India to become world’s 5th largest economy in 2018, passing UK and France: Report

India looks set to leapfrog Britain and France next year to become the world's fifth-largest economy in dollar terms, a report showed on Tuesday.

Dec 26, 2017, 19:21 PM IST

India's GDP to grow at 7.5% in 2018: Nomura

The report further noted that a tightening of monetary policy is likely owing to inflationary pressures and higher oil prices.

Dec 24, 2017, 11:13 AM IST

India should aim at 7.5% growth in 2 years: Ex-RBI Guv

Reddy said the economy was helped by a positive shock for almost three years on account of the drop in oil prices, which, he underlined, were at a third of what they were doing during his governorship.

Dec 10, 2017, 14:48 PM IST

RBI says economy on the mend; sees growth gaining momentum

In the Fifth Bi-Monthly Monetary Policy Review for 2017- 18, where it left the key policy rate unchanged, the central bank sounded confident of the economy achieving its previous growth estimate of 6.7 percent on a gross value-added basis, with risks evenly balanced.

Dec 06, 2017, 20:45 PM IST

RBI fifth monetary policy review for 2017-18: Full text

RBI has kept the key interest rate unchanged, on the expected lines.

Dec 06, 2017, 15:08 PM IST

6.3% growth in economy far below what Modi govt promised: Chidambaram

Former finance minister P Chidambaram further said Q2 economic growth is also far below the potential of a well-managed Indian economy.

Nov 30, 2017, 18:54 PM IST

GDP growth picks up to 6.3%; Jaitley says impact of GST and note ban behind us

Gross domestic product grew 6.3 percent in July-September, its fastest pace in three quarters, the data showed.

Nov 30, 2017, 17:32 PM IST

Development should be inclusive: NITI Aayog vice chairman

The government has launched a number of innovative measures to provide a greater momentum to achieve "New India by 2022" when the country would be free from poverty, corruption and terrorism, NITI Aayog Vice Chairman Rajiv Kumar said.

Nov 29, 2017, 23:36 PM IST

Analysts forecast better Q2 show with a GDP print of 6.4%

Growth had slid to a three-year low of 5.7 percent for the three months to June on the spillover effects of the note ban and the GST implementation.

Nov 29, 2017, 15:41 PM IST

GES 2017: We have made Aadhaar, world's largest digital database, says PM Narendra Modi

Prime Minister also said that his government has taken several steps to improve business environment.

Nov 28, 2017, 18:43 PM IST

Piyush Goyal vows continued good governance on Moody's rating cheer

The US-based Moody's has upgraded India's sovereign rating after a gap of 13 years to Baa2 with a stable outlook. The rating action implies India is investment grade with moderate credit risk, which is two notches above the junk grade.

Nov 17, 2017, 17:09 PM IST

Moody's upgrade positive signal for economy: Shaktikanta Das

Large number of reforms have happened in India in the last three years - economic, structural, and institutional. All measures have been on track. 

Nov 17, 2017, 15:55 PM IST

India to pip Japan as world's third largest economy by 2028: Report

The country has already overtaken Brazil and Russia to emerge as the second largest BRIC economy after China and is well on track to cross France and Britain to emerge as the world's fifth largest economy after Germany by 2019.

Nov 13, 2017, 20:59 PM IST

Demonetisation helped formalising large part of economy: PM Narendra Modi

In an address at an ASEAN business forum, Modi also highlighting rolling out of the Goods and Services Tax (GST) as well as measures for bankruptcy and insolvency proceedings, besides the linking of Aadhaar database with financial transactions as part of broader policy initiatives to bring transparency in the financial sector.

Nov 13, 2017, 19:19 PM IST