Drop in global oil prices windfall for Indian economy: IMF
Terming the slump in global oil prices as a "large windfall" for India, the IMF said this has allowed the country to spend more on goods and services, and a "sharp decline" in inflation.
Mar 03, 2016, 14:06 PM IST
Services PMI cools to 3-month low, rate cut hopes brighten
Growth in India`s services industry slowed sharply in February as rising prices lead to a slight deceleration in demand, a business survey showed on Thursday.
Mar 03, 2016, 10:58 AM IST
Indian GDP growth to pick up to 7.8% in 2016-17: Nomura
India's GDP growth is likely to pick up to 7.8 percent in fiscal 2016-17 from 7.6 percent this year, largely driven by higher discretionary demand
Mar 02, 2016, 12:47 PM IST
Govt can exceed growth target with less obstructions, says FM
Finance Minister Arun Jaitley on Wednesday exuded confidence that the growth rate in the next fiscal could exceed 7-7.75 percent if there is less political obstructionism and the government is allowed to push through important Bills like GST and the bankruptcy law.
Mar 02, 2016, 12:46 PM IST
India's manufacturing growth remains unchanged in February, new orders pace up
India's manufacturing growth remained unchanged in February following price reductions even as new orders registered the strongest upturn since last September.
Mar 01, 2016, 13:38 PM IST
India ray of hope in world economy; Govt committed to poor: PM
Prime Minister Narendra Modi on Saturday said if there was a ray of hope in the world economy, it was India, as he asserted that his government was committed to transform the lives of the poor and villages.
Feb 27, 2016, 19:46 PM IST
As Modi euphoria cools, India faces test to keep foreigners invested
Modi also faces a fraught domestic environment amid widespread doubts about the accuracy of data showing India`s economy grew at 7.3 percent in the October-December quarter, higher than China.
Feb 26, 2016, 11:34 AM IST
Moody's pegs India's GDP growth at 7.5% in 2016-17
The recent measures that now allow 100 percent foreign ownership in a number of sectors will foster further increases in FDI.
Feb 18, 2016, 10:48 AM IST
India's Q3 GDP growth projected at 7.6%
The country is expected to grow by by 7.6 percent in the October-December quarter of the current fiscal -- the fastest pace of expansion in five quarters -- India Ratings and Research (Ind-Ra) said on Friday.
Feb 05, 2016, 15:16 PM IST
India beats China as world's fastest growing economy in 2015
India outpaced China as the world's fastest growing economy in 2015 and is expected to clock 7-7.5 percent growth in the New Year.
Dec 31, 2015, 15:47 PM IST
Inflation under control in 2015; Kitchen staples beg to differ
When it comes to inflation, the year 2015 has shown that the macroeconomic datapoints may not always show the real picture.
Dec 29, 2015, 13:26 PM IST
India may be third largest economy after 2030
India could become the world's third largest economy after 2030 and its ascension could see France and Italy kicked out of the exclusive G8 group or its membership increased to 10 to accommodate India and Brazil.
Dec 27, 2015, 19:02 PM IST
Blow to Modi govt's reform push; GST Bill not likely to go through current session of Parliament
The bills include amendment to the Arbitration and Conciliation Act, a legislation to set up commercial courts and bankruptcy code.
Dec 19, 2015, 12:44 PM IST
Lower agricultural output, poor rains spoil Modi govt's dream of over 8% growth
Govt has lowered the economic growth forecast for the current fiscal to 7-7.5 percent from previously projected 8.1-8.5 percent.
Dec 18, 2015, 12:51 PM IST
Watch: Key takeaways from Fed rate hike
End of uncertainty and accommodative outlook for future will help policy makers in emerging economies.
Dec 17, 2015, 15:59 PM IST
India well prepared to deal with US rate hike: Financy Ministry
The US Federal Reserve last night hiked interest rates by 0.25 percent.
Dec 17, 2015, 11:03 AM IST
Maintaining growth momentum in 2016 'challenging': HSBC
India's GDP growth quickened to 7.4 percent in the September quarter helped by 9.3 percent growth in manufacturing.
Dec 14, 2015, 16:21 PM IST
Inflation remains in negative territory for 13th month in a row at (-)1.99%
The Wholesale Price Index-based inflation has been rising for three months in a row and was (-)3.81 percent in October.
Dec 14, 2015, 13:46 PM IST
Nomura sees India's GDP growth at 7.8 % and 8% 2016-2017
India is in the initial stages of a business cycle recovery with Gross Domestic Growth expected at 7.8 percent in 2016 and 8 percent in 2017, up from 7.3 percent expectation for this year, Japanese financial group Nomura forecast today.
Dec 11, 2015, 17:29 PM IST
Fiscal consolidation process on track: Jayant Sinha
To mobilise higher amount of resources, he said the government has been taking legal, administrative and technological measures.
Dec 08, 2015, 16:04 PM IST
