International Monetary Fund makes huge claim over India's economy
The International Monetary Fund (IMF) has also endorsed the rapid pace of the Indian economy. The International Monetary Fund, while raising its own estimate of India's growth rate, has indicated that India will continue to be the fastest-growing major economy. In this regard, India has left China behind in some aspects.
Jan 31, 2024, 12:30 PM IST
Fitch cuts India growth forecast for FY20 to 6.8% on weak momentum
In its latest Global Economic Outlook, Fitch also slashed GDP growth forecast for current fiscal ending March 2019 to 6.9 percent from 7.2 percent projected in the December edition.
Mar 22, 2019, 12:27 PM IST
FPIs withdraw Rs 5,900 crore from equities in December
In spite of December performance, foreign portfolio investors (FPIs) ended the year with a net inflow of over Rs 51,000 crore.
Dec 31, 2017, 12:34 PM IST
Nifty seen at 11,600 by Dec 2018: Kotak Securites
According to Kotak Securities market outlook report for 2018, GDP growth is likely to recover as negative effects of demonetisation and GST is expected to recede, while 23 percent earnings growth is expected for Nifty during the next fiscal.
Dec 27, 2017, 17:25 PM IST
India to become world’s 5th largest economy in 2018, passing UK and France: Report
India looks set to leapfrog Britain and France next year to become the world's fifth-largest economy in dollar terms, a report showed on Tuesday.
Dec 26, 2017, 19:21 PM IST
India's economic growth may touch 7% in 2018: Report
The chamber said its projections for the 7 percent GDP growth are based upon the assumption of stability in the government policies, good Monsoon, pick-up in industrial activity and credit growth and stable foreign exchange rates.
Dec 25, 2017, 12:01 PM IST
India's GDP to grow at 7.5% in 2018: Nomura
The report further noted that a tightening of monetary policy is likely owing to inflationary pressures and higher oil prices.
Dec 24, 2017, 11:13 AM IST
Moody's has stable outlook on India Inc, barring telcos
The agency also has stable outlooks for car-makers, and companies in the construction, cement, and textiles sectors, but a negative outlook on the real estate sector.
Dec 14, 2017, 18:07 PM IST
India should aim at 7.5% growth in 2 years: Ex-RBI Guv
Reddy said the economy was helped by a positive shock for almost three years on account of the drop in oil prices, which, he underlined, were at a third of what they were doing during his governorship.
Dec 10, 2017, 14:48 PM IST
Economy out of woods, growth to hit 6.5-7% for FY18: Niti Aayog Vice-Chairman
For the moment, "we must celebrate uptick in the economy", Niti Aayog Vice-Chairman Rajiv Kumar said.
Nov 30, 2017, 22:04 PM IST
Q2 GDP numbers reflect reversal of downtrend: Arun Jaitley
The minister further said the impact of two significant reforms -- demonetisation and rollout of the Goods and Services Tax (GST) -- is "behind us", and the country can now look forward to upward growth trajectory in the coming quarters.
Nov 30, 2017, 21:57 PM IST
GDP growth rate figure of 6.3% may go up further: Adhia
Adhia said while calculating the GDP figure this time, the indirect tax number that was taken was based on certain calculations.
Nov 30, 2017, 21:43 PM IST
GDP growth picks up to 6.3%; Jaitley says impact of GST and note ban behind us
Gross domestic product grew 6.3 percent in July-September, its fastest pace in three quarters, the data showed.
Nov 30, 2017, 17:32 PM IST
FPIs invest $2.6 billion in Indian capital markets in November so far
According to depositories data, foreign portfolio investors (FPIs) infused Rs 16,455 crore in equities during November 1-24, besides, they put in Rs 754 crore in the debt market during the period under review, resulting in an inflow of Rs 17,209 crore (USD 2.65 billion).
Nov 26, 2017, 15:33 PM IST
India to pip Japan as world's third largest economy by 2028: Report
The country has already overtaken Brazil and Russia to emerge as the second largest BRIC economy after China and is well on track to cross France and Britain to emerge as the world's fifth largest economy after Germany by 2019.
Nov 13, 2017, 20:59 PM IST
Govt likely to stick to deficit target, may step up bank reform
Growth slipped to its lowest level in three years in the first quarter, logging an annual rate of 5.7 percent, but Bhalla said there were signs of recovery in the economy.
Oct 17, 2017, 15:00 PM IST
Economic recovery likely to have taken hold in Sept quarter: Report
India's export soared by 25.67 percent to USD 28.61 billion in September, logging its highest growth in last six months, while import too rose by 18.09 percent to USD 37.6 billion in September from USD 31.83 billion in the year-ago month.
Oct 16, 2017, 14:07 PM IST
After IMF slashes growth forecast, its chief says Indian economy on 'solid track'
IMF chief Christine Lagarde said the Indian economy is on a "very solid track" in the mid-term.
Oct 15, 2017, 09:35 AM IST
Economy will bounce back, but what about job creation?
The most concerning factor of the economy, which also has had a similar long-term history, is unemployment.
Oct 11, 2017, 11:24 AM IST
World Bank lowers India's growth forecast, warns govt on internal bottlenecks
India's economic momentum has been affected by disruptions from the withdrawal of banknotes and uncertainties around the Goods and Services Tax (GST), the World Bank said in its South Asia Economic Focus, a biannual economic update.
Oct 11, 2017, 10:59 AM IST
