New Delhi: India’s economy grew at 7.1 per cent in July-September, lowest in three quarters, but still remained ahead of China to retain the tag of the world’s fastest growing major economy. The Gross Domestic Product (GDP) at constant prices (2011-12) had grown at 6.3 per cent in July-September quarter of the last fiscal, according […]
New Delhi: The Indian economy grew at 15-quarter high of 8.2 per cent in the April-June quarter of current fiscal on good show by manufacturing and farm sectors, according to the government data released today. The growth cemented India’s position as the fastest growing major economy, clocking higher expansion rate than China’s 6.7 in the […]
Mumbai: The Reserve Bank today retained the GDP forecast for the current fiscal at 7.4 per cent on robust corporate earnings and buoyant rural demand, though it flagged global trade tensions for Indian exports. In the third bi-monthly monetary policy statement for 2018-19, RBI said various indicators suggest that economic activity has continued to be […]
Overcoming the slowdown from demonetisation, India's growth rate is projected to accelerate to 7.2 per cent in 2018 and 7.4 per cent in 2019, the UN said, describing the outlook for the country as "largely positive".
New Delhi: Finance Minister Arun Jaitley today said the government is considering additional measures to bolster economy that has hit a three-year low of 5.7 per cent in the first quarter of the current fiscal. The minister said an announcement with regard to the additional steps will be made after consulting Prime Minister Narendra Modi. […]
The country is poised to reach double-digit growth rate in the next three years even as its gross domestic product (GDP) increase was below expectations in the first quarter of 2016-17, Chief Economic Advisor Arvind Suramanian said today
Bold reforms and prudent monetary and fiscal policies by the incoming Narendra Modi government will help the economy to grow at 6.5-7 percent, says a report
Shanghai: The mobile industry in Asia Pacific contributes more than $1 trillion per year to the region’s economy, fuelled by rising mobile broadband and smartphone penetration, a new report by Groupe Speciale Mobile Association (GSMA) said. GSMA is an association of mobile operators and related companies devoted to supporting the standardising, deployment and promotion of […]
New Delhi: India Inc. yesterday welcomed the government approval to set up an online national agriculture market through an Agri-Tech Infrastructure Fund as well as a new national irrigation scheme. “Promotion of national agricultural market through Agri-Tech Infrastructure Fund is a step in the right direction as it will step up reforms in the agricultural […]
Benign oil prices, likely monetary policy easing by the Reserve Bank and lower inflation will help the Indian economy to grow in the range of 8.1- 8.5 percent in the current fiscal, the parliament was told yesterday
The government on Monday said the fiscal deficit for the current financial year will be contained at 4.6 per cent of GDP
India's economy is projected to grow at a slower-than-expected rate of 5.3 per cent this year, according to a United Nations' report which said the country's slowdown may have bottomed out
Railway Minister Suresh Prabhakar Prabhu Saturday called for greater investment in the sector which will help it grow and in turn increase the gross domestic product (GDP) by 2-3 percent
Global rating agency Standard & Poor's (S&P) has said that it could raise India's sovereign rating if the economy reverts to real per capita gross domestic product (GDP) growth of 5.5 percent
The Covid-induced volatility heavily dented India's economy in the last fiscal as its growth rate plunged (-) 7.3 per cent in FY 2020-21.
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