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  India to become USD 5 trillion economy by 2024-25: Hardeep Puri

  Business | October 22, 2021 12:23 IST

  On Air India privatisation, minister Hardeep Puri said given the fact that both the bids were higher than the reserved price, only proved that Air India was a first-rate asset.

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  Too early to conclude on lessons learnt from COVID crisis: Nirmala Sitharaman

  World | October 16, 2021 9:10 IST

  FM Sitharaman said much before 2nd Covid wave struck, her govt had extended a stimulus and was waiting for the economy to revive.

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  India looks at close to double-digit growth this year: Nirmala Sitharaman

  Business | October 13, 2021 13:15 IST

  Finance Minister Nirmala Sitharaman has emphasised that she expects the economic growth next year to be in the range of 7.5-8.5 per cent, which will be sustained for the next decade.  

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  India's August industrial production rises to four-month high, output higher by 11.9% YoY

  Business | October 13, 2021 8:28 IST

  Low base effect, along with a rise in demand, pushed India's industrial output higher by 11.9 per cent in August, on a year-on-year basis.

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  Emerging from 'very tough' 2nd wave, India keeps top global spot with 9.5% GDP growth

  Business | October 12, 2021 20:28 IST

  India’s growth projection released by the latest World Economic Outlook remains unchanged from its previous WEO (World Economic Outlook) update of July this summer but is a three-percentage point in 2021 and 1.6 percentage point drop from its April projections.

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  Expect more than 7 per cent growth for India this decade: CEA KV Subramanian

  Business | September 30, 2021 12:21 IST

  During the current fiscal, CEA KV Subramanian said that growth would be in double-digits and it could moderate to 6.5 - 7 per cent in the next financial year.   

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  Government to borrow Rs 5.03 lakh crore in second half of FY'22 to fund revenue gap

  Business | September 27, 2021 20:37 IST

  During the first half, the government has raised Rs 7.02 lakh crore by issuing bonds, the finance ministry said in a statement.  

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  Indian economy has bottomed out; formal sector may get back to pre-Covid level by year-end: Montek

  Business | September 23, 2021 19:45 IST

  The Indian economy grew by a record 20.1 per cent in the April-June quarter, helped by a very weak base of last year and a sharp rebound in the manufacturing and services sectors in spite of a devastating second wave of COVID-19 case.

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  India expected to grow at 7.2% in 2021 but economic growth could decelerate next year: UN report

  Business | September 16, 2021 11:16 IST

  The UN report said that India suffered a contraction of 7 per cent in 2020 and is expected to grow 7.2 per cent in 2021.

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  'Govt ready to do everything required to revive economy': Sitharaman | Top Quotes

  Business | August 12, 2021 17:17 IST

  Union Finance Minister Nirmala Sitharaman on Thursday said that the government is "ready to do everything required" to revive and support economic growth. 

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  Clear indications of economic revival in India despite COVID-19 disruptions: Piyush Goyal

  India | July 25, 2021 6:23 IST

  "In just the first six months of 2021, India has been to see 15 more unicorns," Piyush Goyal said. 

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  No more space for monetary steps, tough task ahead for RBI: SBI Report

  Business | June 15, 2021 10:08 IST

  SBI Ecowrap report has suggested that the space for monetary accommodation is over, and the Reserve Bank of India (RBI) will face multiple challenges in terms of boosting India's growth rate.

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  Jammu & Kashmir’s economy on brink of collapse: Omar Abdullah

  India | June 08, 2021 6:41 IST

  National Conference (NC) vice president Omar Abdullah on Monday said the economy of Jammu and Kashmir is on the “brink of collapse” as every sector in the union territory has suffered losses in the last two years

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  Indian economy witnessing robust recovery: Piyush Goyal

  Business | June 02, 2021 11:10 IST

  The Union Minister said that in the recent past, due to the rapid rise in COVID-19 cases, industrial production was severely impacted due to lockdowns, non-availability of oxygen, migration of workers, and the spread of the Coronavirus amongst the workforce.

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  India's GDP grows 1.6% in Jan-March; shrinks 7.3% in 2020-21

  Business | May 31, 2021 18:10 IST

  ​India's economy grew by 1.6 per cent in the fourth quarter of 2020-21, restricting the full-year contraction to 7.3 per cent, official data showed on Monday.  

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  S&P slashes India's GDP growth forecast to 9.8 per cent for this fiscal

  Business | May 05, 2021 15:12 IST

  S&P, which currently has a 'BBB-' rating on India with a stable outlook, said the depth of the Indian economy's deceleration will determine the hit on its sovereign credit profile.

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  Second COVID wave poses downside risks to India's economic growth: S&P

  Business | April 28, 2021 16:25 IST

  Last week another global rating agency Fitch had projected India's economic growth in current fiscal at 12.8 per cent, while Moody's Investors Service had earlier this month said that the second wave of COVID infections presents a risk to India's growth forecast, but a double digit GDP growth is likely in 2021.

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  COVID has hit with fury; despite a year to prepare, we were caught off guard again: Sonia Gandhi

  India | April 17, 2021 14:22 IST

  Sonia Gandhi accused Centre of giving preferential treatment to some states while maintaining "thundering silence" on requests of states ruled by Congress and opposition parties.

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  Reserve Bank of India retains GDP growth forecast at 10.5% for FY22

  Business | April 07, 2021 14:31 IST

  The IMF on Tuesday projected an impressive 12.5 per cent growth rate for India in 2021, stronger than that of China, the only major economy to have a positive growth rate last year during the COVID-19 pandemic. 

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  IndiaEs inflation uncomfortably high: Moody's Analytics

  Business | March 30, 2021 13:59 IST

  IndiaEs inflation trend is uncomfortably high which will restrict the Reserve Bank's ability to offer further rate cuts, Moody's Analytics said.