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  Indian economy projected to grow 7.6 per cent in 2018-2019: United Nations

  Business | May 18, 2018 9:16 IST

  In its report published on Thursday, the UN World Economic Forum said that the GDP growth in India is expected to climb to 7.5 and 7.6 per cent in fiscal years 2017-18 and 2018-19 respectively.

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  India's GDP to be 7.7% in 2017; 7.5% in 2016: World Bank

  April 12, 2016 6:50 IST

  Driven by India's expected GDP growth of 7.7 percent in 2017 and 7.5 percent in 2016, the World Bank on Monday forecasted gradual acceleration in South Asia's economic growth from 7.1 percent in 2016 to 7.3 percent in 2017.

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  Govt to defer implementation of 7th pay commission award?

  India | January 19, 2016 9:45 IST

  New Delhi: The implementation of the recommendations of seventh pay commission may be deferred in the wake of the massive financial resource crunch faced by the government in the financial year 2016-17.The 7th pay commission

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  GDP will grow further after 7-7.5% in current fiscal: Arun Jaitley

  May 11, 2015 9:09 IST

  New Delhi: Union Finance Minister Arun Jaitley said that India's economy grew an estimated 7-7.5 per cent last fiscal year and will keep growing in 2015."The country's potential is not 7 or 8 per cent,"

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  RBI may ease rates further: Arvind Subramanian

  January 27, 2015 9:00 IST

  Davos: Lauding RBI's role in helping bring down inflation, chief economic advisor Arvind Subramanian said the central bank may further ease the interest rates as improvement on price front has opened the space for monetary

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  India keen to prove its superiority: Chinese daily

  World | January 21, 2015 12:55 IST

  Beijing: A Chinese daily on Wednesday said India is keen to become the best in some aspects and it is in dire need of evidence to show that it is not inferior to China.In an

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  Markets at lifetime high; Sensex tops 28600; Nifty hits 8700

  January 20, 2015 16:43 IST

  Mumbai: Markets continued their upward march for the fourth straight session today with the BSE Sensex galloping over 522 points to close at a new peak of 28,784.67 and the NSE Nifty breaching the 8,700-mark

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  Foreign direct investment in November dips 6% to $1.53 billion

  January 18, 2015 14:45 IST

  New Delhi: Foreign direct investment (FDI) into India declined by over 6 per cent year-on-year in November 2014 to $1.53 billion.In November 2013, the country had received FDI worth $1.63 billion.However, for the April-November period

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  Only Govt spending can kick start economy: HSBC report

  January 18, 2015 14:01 IST

  Mumbai: With over-leveraged corporates and stressed banking assets, the onus of getting the economy back on track has fallen again on an equally stressed government, says a report.The responsibility is to boost growth by increasing

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  PM Modi pitches for making India a $ 20 trillion economy

  January 17, 2015 9:22 IST

  New Delhi: Prime Minister Narendra Modi on Friday called for making India a USD 20 trillion economy, while stressing laws must evolve with time and his government had taken several initiatives towards "transforming India".Addressing the

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  World Bank cuts global economic outlook for 2015

  January 14, 2015 16:07 IST

  New Delhi: The World Bank has cut its outlook for global growth and warned that the world's economy is "running on a single engine."The global development lender predicted that deepening trouble in the eurozone, Japan

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  GDP growth slowdown has bottomed: Arvind Subramanian

  January 12, 2015 11:45 IST

  Gandhinagar: Finance ministry's chief economic adviser Arvind Subramanian has said India's growth slowdown has bottomed out and the pace of economic expansion is expected to accelerate.Yesterday, World Bank President Jim Yong Kim said the Indian

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  GDP likely to grow 6.4 per cent in 2015

  December 25, 2014 8:41 IST

  Mumbai: The country's Gross Domestic Product (GDP) is likely to grow at a rate of 6.4 per cent on the back of pick-up in investment cycle in 2015, says a report."With the new government at

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  Indian economy has potential to grow at higher rate: Arun Jaitley

  December 16, 2014 7:53 IST

  New Delhi: Finance Minister Arun Jaitley has said India has the potential to grow at a higher rate even at a time when the world economy is going through a critical phase."The world economy is

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  Policy reform to support India's growth potential: Moody's

  December 09, 2014 9:14 IST

  New Delhi: The outlook for India's rating would improve if fiscal, inflation and infrastructure metrics get better, global rating agency Moody's Investors Service said in a report."India's Baa3 government bond rating balances the strong growth

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  PM Modi visits boost India's perception as investment destination: Survey

  December 08, 2014 7:53 IST

  New Delhi: Prime Minister Narendra Modi's visits to countries like the US, Australia and Japan have contributed significantly in building India's perception as a promising and stable investment destination among global investors, a survey has

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  Rating upgrade, 7% growth rate not far off for India: Citigroup

  December 05, 2014 9:39 IST

  Mumbai: Citigroup has said if India continues to surprise in the New Year the way it did in 2014, then there are more upsides on its way which could well be capped by a sovereign

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  India to be fastest growing economy in 2-3 years: Mukesh Ambani

  December 04, 2014 16:24 IST

  New Delhi: India will surpass China as the world's fastest growing economy in the next 2-3 years, top industrialist Mukesh Ambani said, while terming the fall in global oil prices as a ‘gift' to India."We

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  GDP growth slows to 5.3 per cent in Q2 current fiscal

  November 29, 2014 7:50 IST

  New Delhi: Indian economy grew at a better- than-expected rate of 5.3 per cent in July-September quarter on account of improved performance of mining, power and certain services sectors.The Gross Domestic Growth (GDP) in the

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  India's growth of 5.3 per cent intensifies rate cut demands

  November 29, 2014 7:46 IST

  New Delhi: The Indian economy logged 5.3 per cent growth in the second quarter of this fiscal, against 5.7 per cent in the first quarter, making ground for the central bank to ease interest rates