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GDP
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KV Kamath contradicts IMF? ‘GDP should go up after a slight dip’, says NDB chief
The decision to put a limit to withdrawals was also backed by Kamath, as he said that only very few Indians require to spend more than Rs 25, 000 in a week in cash.
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Only 2.4 million people declared income over Rs 10 lakhs, numbers must improve: Arvind Subramanian
Last year, Subramanian had said that the survey calls for bringing rich farmers into tax net phasing out tax exemptions.
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The beginning of the end has come: Manmohan Singh on Narendra Modi’s demonetisation
Manmohan Singh slams Prime Minister Narendra Modi’s demonetisation scheme saying it will hurt the economy.
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CAD may widen to 1.4% of GDP in FY17: Nomura
India’s current account deficit is likely to widen to 1.4 per cent of GDP in the current fiscal from an estimated 0.9 per cent in 2015-16, says a Nomura report.
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Future Generali eyes Rs 3,000 cr biz in 3 yrs: CEO
Riding high on the economic growth, Future Generali expects gross domestic product to expand at a higher rate which will create demand for insurance products.
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GDP number not ‘as accurate as possible’, says P Chidambaram
The steep decline in oil and commodity prices is a new phenomenon and I think the CSO is not equipped to construct credible growth numbers in such a situation.
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GDP to grow faster in Q1 on govt spending in infra: India Inc
Additional capital expenditure by the government in infrastructure projects will help the economy grow faster in the first quarter of current fiscal, industry said today.
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Modi govt’s National Capital Goods policy will give sector much needed boost. Read how
Under the Make in India initiative, the CG policy would identify major sub-sectors such as machine tools, textile machinery and others as priority sectors.
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India caught in two-speed growth
A broad-based economic recovery will be contingent on a sustained pick-up in private investment cycle
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Expect Q4 GDP growth of 7.2 pc: Icra
The economy is likely to show a marginal uptick in the March quarter, with gross value added (GVA) growth expected at 7.2 per cent from 7.1 per cent in the previous three-month period, domestic ratings agency Icra said today.
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‘India’s growth to climb to 7.8% in Jan-Mar quarter’: Citigroup
“Factoring in stable growth in allied activities, we expect agriculture GVA (which comprises 17 per cent of Q4 GVA) to rise to 3-3.5 per cent Y-o-Y in Q4 vs a contraction of (-)1 per cent last quarter,” the report said.
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Manufacturing sector likely to slow down in April-June quarter: Ficci
Growth of India’s manufacturing sector may decelerate during June quarter due to factors like bleak export outlook, poor demand and high cost of borrowing, a Ficci survey has said.
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GDP growth slowing; official data counter-intuitive: Ambit Capital
It also said that a region-wise analysis shows that the southern part of the country has been witnessing faster economic growth than the North, in contrast to the trend shown by the official data.
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Beyond the News: Why growth in bank deposits is at a 53-year low
This fall in deposit growth to single digits — last recorded in 1962-63 — has confounded policymakers and economic commentators for at least three reasons.
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India has a potential GDP growth rate of 6-7%: Goldman Sachs
Goldman Sachs said that the aggregate top line GDP growth is strong and basically driven by very favourable demographics and low per capita income which allows more rapid growth
