Tag: Gdp

Govt will announce additional measures to boost growth: FM

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. […]

  • Tuesday, 29 June 2021
Country poised to reach double digit growth rate: Subramanian

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

  • Monday, 28 June 2021
GDP growth
Crisil calls for bold reforms to take GDP growth to 7 pc

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

  • Friday, 25 June 2021
Mobile industry contributes $1.1 tn to Asia Pacific economy: Study

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 […]

  • Tuesday, 22 June 2021
India Inc. lauds online farm market plan

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 […]

  • Tuesday, 22 June 2021
GDP to grow at 8.1-8.5 percent in 2015-16: Sinha

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

  • Tuesday, 22 June 2021
P Chidambaram
Fiscal deficit will be contained at 4.6 pc of GDP: Chidambaram

The government on Monday said the fiscal deficit for the current financial year will be contained at 4.6 per cent of GDP

  • Monday, 21 June 2021
GDP growth
Indian economy projected to grow at 5.35% in 2014: UN

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

  • Monday, 21 June 2021
Railways growth to fuel country's GDP: Prabhu

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

  • Monday, 21 June 2021
Revising India's rating depends on economic growth: S&P

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

  • Monday, 21 June 2021
Covid Casualty: India's YoY FY21 GDP Plunges 7.3%

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.

  • Tuesday, 01 June 2021
India's GDP growth projection lowered to 7% in 2018-19

New Delhi: India is estimated to grow at a slower pace of 7 per cent in 2018-19 down from 7.2 per cent attained during the previous fiscal, according to an official data. “The growth in GDP during 2018-19 is estimated at 7 per cent as compared to the growth rate of 7.2 per cent in […]

  • Monday, 03 May 2021
RBI on cash deposit in ATMS
High trade deficit pushes India's Q3 CAD to $16.9 billion

Mumbai: India’s current account deficit (CAD) widened to $16.9 billion during the third quarter of 2018-19 from $13.7 billion reported in the corresponding period of 2017-18, the Reserve Bank of India (RBI) data showed on Friday. However, on a sequential basis, the Q3 CAD moderated from a higher level of $19.1 billion reported in the […]

  • Sunday, 02 May 2021
Manmohan defends Nyay, says it won't entail new taxes

New Delhi: Former Prime Minister Manmohan Singh on Saturday said that Nyay scheme of the Congress will usher in an era of minimum income guarantee in India, end poverty and restart the economic engine which has “come to a stop” under the Narendra Modi government. In a statement, Singh said that implementation of Nyay, which […]

  • Sunday, 02 May 2021
Q4 FY19 GDP growth slumps to 5.8% from 7.7% YoY FY18

New Delhi: The GDP growth rate of the country plunged to 5.8 per cent during the January-March quarter of the financial year 2018-19, from 7.7 per cent growth witnessed during the same quarter of the previous year, data from the Central Statistical Office showed. For the fical year 2018-19, the country recorded a GDP growth […]

  • Friday, 30 April 2021