Economy Growth
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India needs to grow at 9-10 per cent to become USD 35 trillion economy by 2047: Amitabh Kant
Business | Feb 19, 2024, 07:18 AM ISTKant said India's potential to supply 31 per cent of the world's skilled manpower positions it as a global powerhouse in the workforce arena.
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Indian economy to see stronger-than-expected growth in FY24: RBI
Business | Jan 18, 2024, 06:31 PM ISTA weak global outlook could improve if geopolitical conflicts are resolved, resulting in a containment of their repercussions on commodity and financial markets, said RBI.
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86 per cent Indian CEOs expect economy to improve over next 12 months: Survey
Business | Jan 17, 2024, 10:56 AM ISTAbout 62 per cent of business leaders in the country expressed "extreme or very confident" expectations regarding the growth of their companies over the next year, while 37 per cent of global CEOs shared similar confidence levels.
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India set to become 3rd largest economy by 2030, say experts
Business | Sep 04, 2022, 08:01 AM ISTIndian economy news: "India is moving up the power scale and according to my earlier forecast by 2028-2030, we will become the third largest economy in the world," said Arvind Virmani, Former Chief Economic Advisor.
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India to be fastest growing economy this yr: Govt source
Business | Aug 11, 2022, 08:44 PM ISTWhile inflation continues to be above the comfort zone, the economy has continued on its recovery path, supported by pent-up demand for services and higher industrial output.
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'Some bright spots, number of very dark stains': Raghuram Rajan on Indian economy
Business | Jan 23, 2022, 12:11 PM ISTKnown for his frank views, Rajan also said the government needs to do more to prevent a K-shaped recovery of the economy hit by the coronavirus pandemic.
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RBI retains economic growth forecast at 9.5 for FY22
Business | Oct 08, 2021, 05:45 PM ISTIn his address after the three-day meeting of the rate-setting panel, RBI Governor Shaktikanta Das said recovery in aggregate demand gathered pace in August-September, and it is reflected in high-frequency indicators, like railway freight traffic; port cargo; cement production; electricity demand; e-way bills; GST and toll collections.
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Pakistan's economy heading in right direction: President Arif Alvi
World | Sep 02, 2021, 02:26 PM IST"Business community played a significant role in the economic development of Pakistan and a number of steps have been taken to facilitate them, particularly during Covid," the Prez said.
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2020-21 darkest year of economy in four decades, laments Chidambaram
Business | Jun 01, 2021, 08:52 PM ISTThe former finance minister attacked the Central government over the GDP numbers.
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Covid Impact! Economy likely to contract 7.7% in 2020-21, Govt data shows
Business | Jan 07, 2021, 06:40 PM ISTReal GDP or GDP at Constant Prices (2011-12) in the year 2020-21 is likely to attain a level of Rs 134.40 lakh crore, as against the Provisional Estimate of GDP for the year 2019-20 of Rs 145.66 lakh crore.
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Budget to provide impetus for economy, markets
Business | Jan 26, 2020, 02:50 PM ISTThe BSESENSEX lost 332.18 points or 0.79 per cent to close at 41,613.19 points. NIFTY lost 104.10 points or 0.84 per cent to close at 12,248.25 points. The Indian rupee lost 24 paisa or 0.34 per cent, to close at Rs 71.32 to the US dollar.
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Nirmala Sitharaman: Will start powering infra projects post task force report
Business | Sep 10, 2019, 04:02 PM ISTSitharaman said the government has announced that it will spend Rs 100 lakh crore on infrastructure projects.
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PM Modi inspired stimulus package for economy likely this weekend: IANS
Business | Aug 16, 2019, 03:52 PM ISTPrime Minister Narendra Modi met Union Finance Minister Nirmala Sitharaman today amid reports of a slowdown in various sectors. PM Modi is likely to announce a series of measures to infuse more energy in the economy, news agency IANS reports.
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India's outbound capital in commercial realty rises 92%
Business | Jun 17, 2019, 11:23 PM ISTInbound cross-border investment volumes into Indian commercial real estate accounted for $2.6 billion during the April-March period of FY2018-19.
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Turkey hits US with retaliatory tariffs
Business | Jun 21, 2018, 03:43 PM IST"Turkey is committed to active, robust and reciprocal trade relations with the US -- but with the understanding that fairness cannot be one-sided," Economy Minister Nihat Zeybekci said in a statement. "We cannot and will not allow Turkey to be wrongly blamed for America's economic challenges."
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Indian economy on firm footing, ready to make necessary changes in GST: PM Modi
Business | Oct 04, 2017, 11:50 PM ISTPM Modi said that the government was aware that the growth has slowed down and is taking steps to improve it
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BJP national executive: GDP fall, job crisis, party expansion, 2019 polls high on agenda today
National | Sep 25, 2017, 07:29 AM ISTThe lack of jobs and the next round of Assembly polls among the other issues expected to dominate the meet which will be addressed by PM Modi and BJP president Amit Shah
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Jaitley rules out any cut in duties on petroleum products to check spike in petrol, diesel prices
Sep 20, 2017, 06:52 PM ISTFinance Minister Arun Jaitley dropped ample hints today that the government will take additional measures to bolster economy.
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GDP fall, GST aftermath: PM Modi to meet Jaitley to discuss measures to boost growth today
India | Sep 19, 2017, 11:08 AM ISTPrime Minister Narendra Modi will meet Finance Minister Arun Jaitley and other senior officials on Tuesday to discuss the state of economy and possible measures to boost the growth
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Indian economy in a period of dense fog: Credit Suisse
Sep 13, 2017, 07:25 PM ISTIndian economy is going through period of dense fog, with uncertainty of macro-economic variables by itself is likely to impede investment intentions & act as a drag on growth, causing downgrades to GDP and earnings estimates for next financial year.