Power reforms likely to pressure states' budgets: RBI
India`s power reforms are likely to put pressure on state governments` budgets, potentially forcing them to cut spending needed to support economic growth, the Reserve Bank of India (RBI) said in a report on Thursday.
Apr 07, 2016, 19:07 PM IST
Arun Jaitley sees FY16 GDP growth at 7.6%; hopes for better rate next year
Pegging India's GDP growth rate at 7.6 percent for the fiscal 2015-16, Finance Minister Arun Jaitley Thursday said it is "much less" than its potential and expressed hope for better numbers next year.
Mar 31, 2016, 18:53 PM IST
Adjust exchange rates to make India's trade competitive: CUTS
"Given the important role that trade can and should play in our economic growth, relevant government agencies in India need to adjust exchange rates in a manner that they make our trade more competitive, without much pressure on our inflation," it said in a statement.
Mar 22, 2016, 14:07 PM IST
Indian economy to grow 7.7% in 2016-17: ICRA
The agency, in its Macroeconomic Update, however, said that although the fresh project pipeline appears robust, commencement of work will lag announcements, given moderate capacity utilisation in some sectors.
Mar 21, 2016, 18:47 PM IST
Tough to achieve double-digit growth given global headwinds: FM Jaitley
Asserting that its "extremely difficult to achieve double-digit growth in the current global environment, Finance Minister Arun Jaitley on Thursday said there is a scope for improvement from the current rate if reforms are carried on.
Mar 17, 2016, 16:00 PM IST
India's GDP to grow at 7.9% in 2016-17: Crisil
The country's GDP can grow by 7.9 percent next fiscal if the monsoon is normal and government implements the reform measures announced so far, domestic rating agency Crisil said Friday.
Mar 11, 2016, 19:07 PM IST
Fitch lowers India growth forecast to 7.7% for FY'17
Fitch, in December, forecast an 8 percent GDP growth in 2016-17 supported by the government's beefed-up capex spending and gradual implementation of a broad-based structural reform agenda.
Mar 07, 2016, 22:27 PM IST
Fitch maintains India's growth forecast at 7.5% for 2015-16
Fitch Ratings on Monday maintained India's growth forecast at 7.5 percent for the financial year 2015-16 but added the economy would gradually accelerate to 7.7 percent in 2016-17.
Mar 07, 2016, 18:47 PM IST
IMF projects a robust growth rate of 7.3% for India in 2015-16
The multilateral lending agency welcomed recent measures aimed at increasing public infrastructure spending, rationalising subsidies, creating more flexible labour and product markets as well as enhancing financial inclusion.
Mar 02, 2016, 18:55 PM IST
Indian economy on recovery path, to grow at 7.3% in fiscal 2015-16: IMF
The International Monetary Fund on Wednesday said the Indian economy was on recovery path and that it would grow at 7.3 percent in the fiscal year 2015-16.
Mar 02, 2016, 18:14 PM IST
Terrorism impinging on economic growth: Sushma Swaraj
Spread of terrorism and violence inspired by "medieval beliefs" as well as threat of use of force by nations in territorial disputes have disrupted connectivity impinging economic growth of the South Asian region, External Affairs Minister Sushma Swaraj said on Tuesday.
Mar 01, 2016, 23:21 PM IST
We turned challenges into opportunities: Finance Minister
Finance Minister Arun Jaitley Monday said the BJP-led NDA government converted low economic growth and zero investor confidence which it inherited into opportunities as India's GDP has now zoomed to 7.6 percent.
Feb 29, 2016, 18:12 PM IST
LIVE: PM Modi inaugurates Make in India Week in Mumbai
Zee Media Bureau
New Delhi: Prime Minister Narendra Modi inaugurates the 'Make in India' week in Mumbai at MMRDA ground in Bandra Kurla Complex.
Feb 13, 2016, 12:32 PM IST
India's growth well below trend: Deutsche Bank
India continues to report over 7 percent GDP growth, but its momentum has weakened and the country's growth is well "below trend", says a Deutsche Bank report.
Feb 10, 2016, 18:04 PM IST
Indian economy likely to grow at 7.9% in FY17: Crisil
Indian economy is expected to grow at 7.9 percent in the fiscal starting April, lower than earlier forecast of 8.1 percent, due to intensifying global headwinds, Crisil Research said Tuesday.
Feb 09, 2016, 22:41 PM IST
Indian economy to grow at 5-year high of 7.6% in 2015-16
Indian economy will grow at a 5-year high of 7.6 percent in the fiscal ending March, overtaking a slowing China, on the back of improvement in manufacturing and farm sectors.
Feb 08, 2016, 21:56 PM IST
India enjoying robust economic growth: IMF chief Christine Lagarde
India and Mexico are enjoying robust growth even as emerging economies as a whole are facing the harsh reality of slow growth and reversal of capital flows, IMF chief Christine Lagarde said Thursday.
Feb 04, 2016, 23:51 PM IST
Bank of England cuts UK growth forecasts, holds rates
The Bank of England cut its economic growth forecasts on Thursday and left interest rates at a record-low, as policymakers fretted over slumping oil prices and the darkening global outlook.
Feb 04, 2016, 20:57 PM IST
RBI sees economy growing at 7.4% in FY16; above WB projection
Reserve Bank Tuesday kept its growth projections for Indian economy unchanged at 7.4 percent for the current fiscal, a tad higher than 7.3 percent forecast by the World Bank.
Feb 02, 2016, 19:12 PM IST
Slow growth concerns, terror threats cast shadow on WEF meet
Fears of slow economic growth, including in emerging markets, and concerns over rising terror attacks have cast a shadow over the WEF annual gathering as the rich and influential deliberate on ways to boost global economy.
Jan 20, 2016, 21:34 PM IST
