IMF cuts India's growth rate to 4.8% for current financial year
The IMF attributed the slash in estimate to the slowdown in demand in the domestic market and stress in the nonbank financial sector.
Jan 21, 2020, 08:14 AM ISTUN report projects India's growth rate at 5.7% for 2019-20, 6.6% in next fiscal
The projection in the UN`s World Economic Situation and Prospects report released on Thursday are higher than the 5 per cent made by the World Bank earlier this month.
Jan 17, 2020, 06:57 AM IST7.5 percent growth not enough for India's requirement: Arun Jaitley
India's current growth rate of 7.5 per cent is not enough as per its own requirement standard, Arun Jaitley has said.
Apr 14, 2016, 07:35 AM ISTBase year change: Per capita income rises to Rs 6699/month in FY14
India's per capita income, a gauge for assessing standard of living, for 2013-14 is up at Rs 6,699 per month for 2013-14 as against the earlier estimate of Rs 6,198.33 after the government updated the base year for measuring national accounts.
Jan 30, 2015, 22:16 PM ISTNew GDP data with 2011-12 as base year in January
Seeking to present a more realistic picture of the economy, the government will release a new series of national accounts with 2011-12 as base year for computing the economic growth rate.
Nov 02, 2014, 10:44 AM ISTRupee up 3 paise at 60.47 against US dollar in early trade
The rupee recovered by three paise to 60.47 against the US dollar in early trade on Monday on sustained foreign capital inflows amid the country's economic growth rate improving to two-and-half year high of 5.7 percent in the April-June quarter.
Sep 01, 2014, 09:49 AM IST