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  Land reform to boost economic growth in South China

  World | September 04, 2019 10:48 IST

  According to the report, what stands out in this land reform is Shunde District in the city of Foshan, south China's Guangdong Province, which recorded a gross domestic production (GDP) of over 150 billion yuan (around $21 billion) in the first half of 2019, up 7.1 per cent year-on-year.

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  Parliamentary panel for 'realistic' income ceiling to decide 'creamy layer' in OBCs

  India | June 24, 2019 22:21 IST

  The Committee on Welfare of Other Backward Classes (OBCs) also said, in a report, that the income ceiling to determine the ‘creamy layer', should be revised periodically – three yearly or less.

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  Economic growth may have slowed in 2018-19: Finance Ministry report

  Business | May 03, 2019 10:26 IST

  The Central Statistics Office (CSO), which released the national account data for the third quarter, had in February revised downwards the growth estimate for 2018-19 fiscal to 7 per cent from 7.2 per cent. The 7 per cent growth is the lowest in 5 years.

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  India's economic growth to remain in 7-7.5% range in next few years: PM advisory panel

  Business | January 25, 2019 16:35 IST

  The growth rate can be easily increased by 1 per cent by addressing structural problems through reforms, the council observed during its meeting Friday.

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  Excessive competition can at times put particular sector under stress: Arun Jaitley

  Business | November 05, 2018 15:53 IST

  If the current growth rate continues for a decade or two, he said, Indian economy expansion is going to be exponential.

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  India among 10 Asian economies to outperform US's GDP by 2030: Report

  Business | July 22, 2018 23:11 IST

  By 2030, Asia-10 economies will grow so robustly that they will, on aggregate, amount to over USD 28.35 trillion in real GDP (2010 constant dollars) terms, while for the US will amount to USD 22.33 trillion.

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  Govt committed to meet fiscal deficit target of 3.3 per cent this year: Piyush Goyal

  Business | June 18, 2018 14:20 IST

  Interim Finance Minister Piyush Goyal assured that government will maintain stability in the economy and meet all economic parameters fixed by it

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  Fitch retains India rating at 'BBB-', stable outlook; projects growth at 7.5% in 2019-20

  Business | April 27, 2018 14:50 IST

  It projected India's growth at 7.3 per cent in current the fiscal and further to 7.5 per cent in 2019-20. Growth is projected to be 6.7 per cent in the last fiscal, ended March 31.  

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  Indian economy to grow at 7.3 per cent this fiscal, 7.6 per cent in 2019-20: ADB

  Business | April 11, 2018 10:19 IST

  The ADB's growth projection of 7.3 per cent this fiscal is in line with that of rating agency Fitch, but a tad lower than RBI's forecast of 7.4 per cent.  

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  RBI may keep repo rate unchanged in April policy review: Report

  Business | March 29, 2018 20:27 IST

  According to global financial services major UBS, the tone of the policy statement by the RBI’s monetary policy committee (MPC) is expected to “remain cautious while maintaining a neutral policy stance”.

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  India to grow 7.6 per cent in calendar year 2018: Moody's

  Business | February 28, 2018 10:27 IST

  The Budget for 2018-19 includes some measures that could stabilise the rural economy that was disproportionately hit by the demonetization policy and is yet to recover, it said.

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  Bihar is national topper in FY17 growth, with 10.3 per cent

  India | February 26, 2018 23:12 IST

  Bihar's growth rate is higher than that of the national average of 7.0 per cent, the 12th Economic Survey of Bihar said.

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  January inflation rate cools down to 5.07%; industrial growth slows to 7.1% in December

  Business | February 12, 2018 18:32 IST

  India’s retail inflation for January has eased down to 5.07 per cent compared to 5.21 per cent in December 2017, according to the latest data released by the Central Statistics Office on Monday.

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  RBI keeps key policy rate unchanged at 6%, says GST stabilising, economic activity picking up

  Business | February 07, 2018 15:10 IST

  The RBI also lowered the economic growth projection to 6.6 per cent for 2017-18 from the previous 67 per cent. It estimated 7.2 per cent growth in the next fiscal.

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  GDP growth not justifiable unless benefits reach farmers: Arun Jaitley

  Business | January 14, 2018 13:06 IST

  The government's priority is to ensure the gains reach the farmers and the growth is visible even in the farm sector, said Arun Jaitley.

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  World Bank says India has 'enormous growth potential', projects 7.3% growth in 2018

  Business | January 10, 2018 10:47 IST

  India is estimated to have grown at 6.7 per cent in 2017, according to the 2018 Global Economics Prospect released by the World Bank in Washington on Tuesday.

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  Indian economy to recover sharply in Jan-March quarter, GDP to grow at 7.5% in 2018: Nomura

  Business | December 24, 2017 14:58 IST

  According to Nomura's Composite Leading Index, some growth consolidation is likely in the Oct-Dec quarter, followed by a sharp recovery in Q1 2018 due to ongoing remonetisation and improving global demand.

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  IMF to update India’s growth rate forecast on encouraging September GDP data

  Business | December 01, 2017 13:57 IST

  The IMF statement came as the latest figures showed that India grew at 6.3 per cent in the September quarter compared to 5.7 per cent in the June quarter, reflecting an improvement in the Indian economy.

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  Core sector growth hits 6-month high of 5.2% in September

  Business | October 31, 2017 23:06 IST

  Eight core sectors grew to a six-month high of 5.2 per cent in September, helped by a robust performance in coal, natural gas and refinery segments, official data showed on Tuesday.

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  Modi govt unveils grand plans to spur economy, create jobs, recapitalise banks and more

  Business | October 25, 2017 8:23 IST

  Arun Jaitley on Tuesday announced a massive Rs 6.92 lakh crore infrastructure spending and another Rs 2.11 lakh crore for bank recapitalisation to revive investments as well as growth.