India growth

India's export to stay weak in FY17: Ind-Ra

Country's export is likely to stay weak this fiscal as global economies struggle to stabilise, India Ratings and Research said on Tuesday.
 

Apr 12, 2016, 17:28 PM IST

India for logical conclusion of DDR; open to joining APEC: FM

As one of the fastest growing economies, India views global trade as win-win option and favours "logical conclusion" to the Doha round as also being open to the idea of joining the APEC, Finance Minister Arun Jaitley said on Thursday.

Apr 07, 2016, 17:26 PM IST

GDP calculation method imprecise, India to grow at 8%: CII

Terming the GDP calculation methodology an "imprecise science", CII today pegged the country's economic growth at around 8 per cent for the current fiscal, higher than the RBI's projection of 7.6 percent.

Apr 06, 2016, 18:03 PM IST

India's growth likely at 7.8% in 2015-16

India's growth could be around 7.8 percent in 2015-16, higher than the Finance Ministry's projection of 7.5 percent, NITI Aayog member Bibek Debroy said here on Tuesday.

Apr 05, 2016, 19:27 PM IST

India remains bright spot in global economy: Christine Lagarde

With strong growth and rising real income, India remains a bright spot in the global economy, IMF chief Christine Lagarde said on Tuesday.

Apr 05, 2016, 14:19 PM IST

Opening Indian economy to FDI has helped: Jaitley

India`s decision to open various sectors to foreign direct investment (FDI) has helped the country, Finance Minister Arun Jaitley said on Tuesday.

Mar 29, 2016, 17:05 PM IST

Modi's economic reforms made "little progress": Chinese paper

Dismissing reports about India becoming the "new growth engine of world economy", Chinese state media today said Prime Minister Narendra Modi's economic reforms have achieved "little progress" and asserted that the Chinese economy was five times bigger than the Indian economy.

Mar 23, 2016, 15:59 PM IST

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

Govt will stick with reforms to push growth beyond 8%: Das

The pace of economic reforms will continue and efforts will be made to get the GST and bankruptcy legislations approved by Parliament expeditiously with a view to pushing growth to over 8 percent, the government on Wednesday said.

Mar 02, 2016, 14:54 PM 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

Arun Jaitley pledges all support to keep PSBs in 'good health'

Welcoming RBI's easing of rules to allow lenders to bolster capital ratios, Finance Minister Arun Jaitley Wednesday said the government will take all steps and provide resources to keep public sector banks in good health.

Mar 02, 2016, 12:45 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

Improved quality of public expense stoking growth: Finance Ministry

The quality of government expenditure has improved significantly in the current fiscal and is resulting in high growth, Finance Ministry said on Saturday.

Feb 20, 2016, 20:20 PM 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

Jaitley favours raising public spending to boost growth

India has been growing by 7-7.5 percent, and for the country to accelerate, all sectors have to contribute, he said at the MGNREGA Sammelan-2016.

Feb 02, 2016, 17:38 PM IST

India to remain bright spot in global economy: World Bank

In its latest Global Economic Prospect report - which is released every six months -- the World Bank marginally reduced India's growth rate -- 0.2 percent in 2015 and 0.1 percent in both 2016 and 2017.

Jan 07, 2016, 10:56 AM IST