India's current account deficit at 4-year high, widens sharply to 2.4% in April-June quarter
The widening of the CAD on a year-on-year basis was primarily on account of a higher trade deficit which stood at USD 41.2 billion, brought about by a larger increase in merchandise imports relative to exports.
Sep 15, 2017, 18:14 PM IST
GDP to remain below 6% in Q2 FY'18: SBI report
The GDP stood at a three year low at 5.7 percent for April-June quarter of 2017-18, which the report said has raised concerns about the annual GDP numbers for the fiscal.
Sep 14, 2017, 17:34 PM IST
India's manufacturing sector must grow substantially for 9-10% GDP growth: Study
The joint report by ASSOCHAM-EY stated that while the Goods and Services Tax (GST) has to a large extent addressed prevailing regulatory issues, states across India must individually look into bureaucratic obstacles along with other obstructive regulations and policies on priority, based on their own manufacturing goals.
Sep 12, 2017, 13:45 PM IST
Let India grow at 8-10% for 10 years before chest-thumping: Raghuram Rajan
Let India grow at 8-10% for 10 years before chest-thumping: Raghuram Rajan
Sep 08, 2017, 15:54 PM IST
Current account deficit may widen to 3% in Apr-Jun: Nomura
The report said despite the wider current account deficit, financing is not a concern.
Sep 07, 2017, 19:36 PM IST
Fiscal deficit touches 92.4% of budget estimates at July-end
For 2017-18, the government aims to bring down the fiscal deficit to 3.2 percent of the GDP.
Aug 31, 2017, 17:27 PM IST
'India will benefit from growing tax revenue in FY2018'
India's tax revenues will benefit from a widening tax base and robust advance collections, but non-tax revenues will face speed-bumps in fiscal 2018, the Development Bank of Singapore said on Friday.
Aug 18, 2017, 20:20 PM IST
Mid-Year Economic Survey: Here are the Key Highlights
Here the key highlights of Part-2 of Economic Survey 2016-17, tabled in Parliament today.
Aug 11, 2017, 15:21 PM IST
GDP growth in Jun quarter to be around 6.6% in India: Nomura
It further noted that in the second half (H2) of 2017, growth recovery is expected to accelerate to 7.4 percent led by a resumption of production after GST, ongoing remonetisation, normal monsoons and lower lending rates.
Jul 31, 2017, 15:19 PM IST
India to grow 6.5-7.5% over 12-18 months: Moody's
According to the estimates of the US-based agency, the economy will grow 7.5 percent in 2016-17 and 7.7 percent in 2017-18.
Jul 31, 2017, 12:18 PM IST
'Indian banks need at least $2.8 billion extra provisioning for bankruptcy cases'
Indian banks taking 12 of the country`s largest defaulters to bankruptcy court under a central bank directive, will need to make additional provisioning of at least Rs 180 billion ($2.8 billion), India Ratings and Research said on Tuesday.
Jul 18, 2017, 13:32 PM IST
India's current account deficit to widen to 1.3% of GDP in 2017: Nomura
India's current account deficit (CAD) is likely to widen to 1.3 percent of GDP in 2017 from 0.6 percent in 2016, largely owing to stronger domestic growth in the second half of this year, says a Nomura report.
Jul 18, 2017, 13:26 PM IST
Farm loan waivers to be 2% of GDP by 2019 polls: BofAML
Farm loan waivers will amount to 2 percent of GDP by 2019 polls as other states may follow BJP's Maharashtra and UP governments, says a Bank of America Merrill Lynch report.
Jun 05, 2017, 16:16 PM IST
Manmohan's GDP prediction post notes-ban has come true: Jaipal
"He (Singh) spoke in Parliament only for six minutes where he said there will be a decline of one or two per cent in the national production rate,” Jaipal said.
Jun 03, 2017, 19:56 PM IST
India's FY17 growth slows to 7.1%, Q4 GDP at 6.1%
India`s economy grew 6.1 percent in the three months through March from a year earlier, slowing from a provisional 7 percent in the previous quarter, government data showed on Wednesday.
May 31, 2017, 17:49 PM IST
States may gain Rs 350-450 billion in revenue post GST: StanChart
States can look at a higher revenue of Rs 350-450 billion after GST implementation in mid-2017, says a Standard Chartered report.
May 30, 2017, 13:26 PM IST
Govt modifying '2011 vintage' national manufacturing policy
The "2011 vintage" manufacturing policy is being modified to align it with initiatives like 'Make in India' as also Industrial Revolution 4.0, which refers to high end automation, Industry Minister Nirmala Sitharaman has said.
May 18, 2017, 15:59 PM IST
Normal rains to prop rural India; RBI rate cut on cards: BofAML
A normal monsoon this year should continue to revive rural demand and allow the RBI to cut rates by 0.25 percent in August, says a Bank of America Merrill Lynch report.
Apr 19, 2017, 14:21 PM IST
India's GDP growth may slip to 6.7% in March quarter: Nomura
India's GDP growth is likely to decelerate to 6.7 percent in March quarter but it will gradually recover to around 7.7 percent in 2018 supported by higher consumption and public spending, says a report.
Apr 13, 2017, 12:49 PM IST
Keep fiscal deficit at 3% till March 2020, says FRBM panel
The government should target a fiscal deficit of 3 percent of the GDP in years up to March 31, 2020, the Fiscal Responsibility and Budget Management (FRBM) Committee has recommended.
Apr 12, 2017, 19:38 PM IST
