economic growth

Emerging markets still losing steam: IMF

Growth in emerging markets will slow for a fifth consecutive year, the IMF said Tuesday, as exchange rate swings and oil prices plunge, and China`s economic growth slows.

Apr 14, 2015, 21:50 PM IST

IMF cuts US growth forecast to 3.1% in 2015

The International Monetary Fund cut its outlook for US economic growth this year and next on Tuesday after a sharp slowdown during the winter.

Apr 14, 2015, 19:09 PM IST

India's GDP growth rate to reach 8% by 2017: World Bank

It could reach 8 per cent in FY 2017/18, on the back of significant acceleration of investment growth to 12 per cent during FY 2016-FY 2018, the bank said in its semi-annual report.

Apr 14, 2015, 08:38 AM IST

India poised for better economic growth: OECD

Paris-based think tank OECD Thursday said India's economic expansion continues to firm up even as growth is easing in the neighbouring China.

Apr 09, 2015, 18:01 PM IST

RBI pegs economic growth at 7.9% for FY'16

A survey sponsored by RBI has projected the economic growth rate at 7.9 percent for the current fiscal, up from 7.5 percent in 2014-15.

Apr 07, 2015, 21:53 PM IST

Investment on cusp of revival as capex rises

RBI Governor Raghuram Rajan Tuesday said green shoots are visible in the investment climate, but refrained from commenting on the new CSO series on economic growth numbers.

Apr 07, 2015, 21:42 PM IST

India Inc's biz confidence improves on eco growth outlook: CII

The CII Business Confidence Index (BCI) improved marginally during Jan-March FY15, moving up to 56.4 from a level of 56.2 in the previous quarter.

Mar 31, 2015, 16:11 PM IST

Myanmar set for 8.3% growth spurt: ADB

The Asian Development Bank Tuesday predicted economic growth in Myanmar will surge by over eight percent for the next two years as it urged the nation to press on with reforms before landmark elections.

Mar 24, 2015, 19:10 PM IST

Arun Jaitley appeals Oppn for cooperation to ensure double-digit growth

Asserting that economic progress cannot be a partisan issue, government Thursday night sought cooperation of the opposition to ensure that India achieves double-digit growth as it contended that "obstructionism" could only provide temporary "sadistic thrill".

Mar 19, 2015, 21:19 PM IST

Indo-US trade could reach $500 billion: Ed Royce

Chairman of the powerful US House Foreign Relations Committee Ed Royce called the government's budget proposals "big jump" to boost economic growth and attract foreign investment into India.

Mar 10, 2015, 18:18 PM IST

China`s 2015 budget deficit rate higher than declared: Minister

China`s budget deficit this year will be higher than previously declared as the government boosts fiscal spending in a bid to bolster economic growth, the finance minister said Friday.

Mar 06, 2015, 17:51 PM IST

ECB raises growth forecasts, to start printing money next week

The European Central Bank will launch into quantitative easing next week having increased its economic growth forecasts for this year and next.

Mar 05, 2015, 20:52 PM IST

8-8.5% growth is more like statistical and not real: CEA

The ambitious 8.1-8.5 percent economic growth projected for the next fiscal in Finance Minister Arun Jaitley's Budget is more like a "statistical and not a real number," Chief Economic Adviser Arvind Subramanian said.

Mar 03, 2015, 23:05 PM IST

India needs to achieve sustained economic growth of 9-10%: FM Jaitley

Citing the example of China, Jaitley said the Asian country grew by about 9 per cent on an average for over three decades and reached where it is today.

Mar 03, 2015, 11:37 AM IST

Budget gives lion's share to infra to spur economic growth

Asserting that India's infrastructure is a mismatch with its growth ambitions, Finance Minister Arun Jaitley on Saturday proposed a sizeable Rs 70,000 crore increase in investment in the sector besides a slew of steps to spur its growth.

Feb 28, 2015, 14:39 PM IST

CSO briefs RBI governor on new GDP calculation method

The Ministry of Statistics & Programme Implementation (MOSPI) has briefed the RBI Governor Raghuram Rajan about the new method which the government has started for calculating economic growth and inflation figures.

Feb 18, 2015, 15:50 PM IST

Low oil prices won`t spur world growth: Moody`s

Low oil prices normally help grease the wheels of business and spur global economic growth, but Moody`s said Wednesday it would not revise its forecasts for the G20, citing a variety of offsets to the expected windfalls.

Feb 11, 2015, 07:20 AM IST

OECD asks India to ease regulatory burden for economic growth

While acknowledging that barriers to FDI have been reduced by India in various sectors, the Paris-based think tank said that more needs to be done for efficient allocation of capital.

Feb 09, 2015, 23:01 PM IST

US has best economic growth prospects: Barack Obama

President Barack Obama has said the US has "risen from recession" and has got better prospects of economic growth than any other country, including India, China or Germany.

Feb 07, 2015, 06:58 AM IST

Govt has no desire to issue ordinances: Venkaiah Naidu

Alleging that the NDA government has inherited fiscal deficit, revenue deficit and current account deficit and "above all trust deficit", he said the confidence has now come back and things are now looking up.

Feb 01, 2015, 20:22 PM IST