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  Low growth not just due to high interest rate, says RBI

  June 09, 2012 14:15 IST

  Mumbai , June 9: Reserve Bank of India (RBI) Deputy Governor K. C. Chakrabarty, on Friday, sought to stave off criticism that the nine-year low GDP (gross domestic product) growth was primarily due to high

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  No need to panic over economic slowdown, says Pranab Mukherjee

  June 07, 2012 17:10 IST

  New Delhi, June 7: Finance Minister Pranab Mukherjee today said economic slowdown is a matter of concern but there is no need for panic, and reverting to high growth path is achievable as India's fundamentals

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  Government To Increase Health Outlay To 2.5% Of GDP

  February 29, 2012 16:11 IST

  New Delhi, Feb 29: Government today decided to increase its total health expenditure to 2.5 per cent of GDP by the end of the 12th Plan, from the current 1.4 per cent.A high-level meeting chaired

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  Economic Growth Slows Down To 6.1% In Q3, Lowest In 2 Yrs

  February 29, 2012 13:18 IST

  New Delhi, Feb 29: India's economic growth rate slipped to 6.1 per cent in the third quarter this fiscal, lowest in more than 2 years due to poor performance of the manufacturing, mining and farm

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  India's GDP To Grow 8.1% In 2011, Second Only To China: UNCTAD

  September 06, 2011 22:32 IST

  New Delhi, Sep 6: The Indian economy is likely to expand by 8.1 per cent in 2011, the fastest growth rate in the world after China, UN agency said today.In its global release of Trade

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  Morgan Stanley Lowers India's GDP Growth Forecast To 7.4 PC

  August 19, 2011 22:57 IST

  New Delhi, Aug 19: Investment banking major Morgan Stanley has revised downwards its India's economic growth forecast for 2012 to 7.4 per cent.The global brokerage firm has also reduced its year-end target for the Bombay