India economy

Indian economy grows at 5.3% in July-September quarter

The GDP in the second quarter was better than 5.2 percent of the same period last fiscal but was slower than 5.7 percent rate achieved in April-June quarter of current fiscal.

Nov 28, 2014, 19:34 PM IST

India's GDP growth slows to 5.3% in July-September quarter

Indian economy grew at 5.3 percent in July-September quarter of 2014-15 as against 5.7 in the previous quarter, government data showed on Friday.

Nov 28, 2014, 17:41 PM IST

Cabinet secy meets officials, industry on ease of doing biz

Secretaries from different departments including DIPP, MSME and Commerce were present at the meeting along with the members of industry body Ficci and exporters.

Nov 28, 2014, 15:56 PM IST

India '2nd most loved market' in Asia with $1.4 bn FII flow: HSBC

So far this year, the total FII inflows to Asian equities stood at USD 38.7 billion.

Nov 26, 2014, 12:50 PM IST

Goldilocks year for India; GDP to grow 6.4% in 2015: Nomura

The global financial services major is also optimistic about "productivity-enhancing reforms" in the country and estimated the GDP growth for 2015 at 6.4 percent.

Nov 25, 2014, 11:47 AM IST

July-Sept GDP growth seen around 5%: Sources

Official GDP data for the second quarter of the current fiscal year ending March are due to for release this Friday.

Nov 25, 2014, 11:41 AM IST

OECD ups India growth outlook, urges structural reforms

In a country survey, OECD forecast that Asia`s third-largest economy would grow by 6.6 percent in 2015, up from its last forecast of 5.7 percent growth in May.

Nov 19, 2014, 10:45 AM IST

RBI chief Rajan wants focus on sustainable growth

India will focus on sustainable economic growth and developed economies should do the same, Reserve Bank of India Governor Raghuram Rajan said on Tuesday.

Nov 19, 2014, 09:13 AM IST

India waits for Modi to dig economy out of investment hole

For all the bullishness gripping Indian markets since the election of Prime Minister Narendra Modi six months ago, the prospect of better times ahead has not yet persuaded firms to invest, judging by the slack demand for earth moving equipment.

Nov 12, 2014, 09:06 AM IST

Economic reforms will be a long journey: Arun Jaitley

Speaking to an audience of foreign investors, Jaitley said people still needed to be convinced that making it easier to hire and fire workers would create jobs.

Nov 05, 2014, 15:44 PM IST

Fiscal deficit target of 4.1% challenging but achievable: Citi

As per the official data, fiscal deficit has touched 82.6 percent of budget estimates for 2014-15 to cross Rs 4.38 lakh crore at the end of September.

Nov 03, 2014, 15:03 PM IST

India's GDP likely to grow by 5.6% in FY15: World Bank

In the following years, the Gross Domestic Product (GDP) growth is likely to rise further to 6.4 per cent and 7 per cent in FY16 and FY17 respectively, it said.

Oct 27, 2014, 18:42 PM IST

DIPP suggests series of steps to improve business climate

DIPP has identified sectors and specific reforms that are urgently required to substantially improve India's ranking in ease of doing business.

Oct 22, 2014, 15:30 PM IST

Economic recovery in India still uneven: Rajan

The RBI governor also said he is not "overly" worried about any interest rate hike by the Federal Reserve, saying the country had enough foreign exchange reserves.

Oct 13, 2014, 13:14 PM IST

JP Morgan cuts India 2014/15 growth forecast to 5.1% from 5.3%

The Reserve Bank of India projects GDP to grow at around 5.5 percent in the current fiscal year ending March 2015.

Oct 13, 2014, 13:11 PM IST

India's mfg, services growth lags behind China in Sep: HSBC

Manufacturing and services sectors in India expanded at a slower pace even as emerging market output touched an 18 month high in the same month.

Oct 09, 2014, 15:19 PM IST

'Cos ratings on upswing, sharp rise in upgrades'

After two consecutive financial years of sub-5 percent GDP growth, India's economy is showing early signs of recovery as reflected in a sharp rise in corporate rating upgrades in the current fiscal, rating agencies Crisil and Care said.

Oct 06, 2014, 20:09 PM IST

Narendra Modi's Make in India Campaign: Five challenges

Seeking to make the country a global manufacturing hub, Prime Minister Narendra Modi launched the ambitious 'Make in India' campaign.

Sep 27, 2014, 10:17 AM IST

'Make in India' reflects ambition to move ahead in mfg: Ind Inc

Launching his government's ambitious project to make India a manufacturing hub, Prime Minister Narendra Modi today promised effective and easy governance to help achieve high growth and creation of jobs.

Sep 25, 2014, 16:11 PM IST

NSE chief woos China's financial institutions, stock exchanges

India is wooing major Chinese financial institutions like the sovereign wealth funds, which can potentially invest billions of dollars in the lucrative Indian stock market.

Sep 22, 2014, 12:50 PM IST