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.
"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.
By 2030, 40% of India’s population will be living in urban areas and contributing 75% of GDP. An estimated 400 million people are expected to migrate to cities over this period. In fact, the great rural-to-urban migration h
China's economy expanded a seasonally-adjusted 1.1 percent in the first quarter of 2016 from the fourth quarter of last year, National Bureau of Statistics data showed, the lowest quarterly expansion on record since 2010.
Terming the GDP calculation methodology an "imprecise science", CII today pegged the country's economic growth at around 8 per cent for the current fiscal, higher than the RBI's projection of 7.6 per cent.
More than half of the country's investment professionals think that equities will provide the best returns to investors compared with other asset classes and have predicted an 11 per cent surge in the benchmark BSE Sensex by
The third budget of the Finance Minister Arun Jaitley looked giving priority to the fiscal discipline and highlighted the growth pillars of the Indian economy in Agriculture, Rural, Social sector, Skills, Ease of Doing Busine
Slower growth recovery may prompt a potential rethink of government's policy stance away from fiscal consolidation towards "reflating" aggregate demand, says a report by global financial services major UBS.
With terror attacks and war-like situation in various countries hogging the talk time at WEF Annual Meeting here, RBI Governor Raghuram Rajan today said wars should never be seen as opportunities to push economic growth.
Counterfeiting is an issue worldwide the WDA also provides PDP’s customers with added peace of mind as they know their product never leaves the supply chain and therefore cannot be compromised PDP Couriers, the leader in cl
The government is aiming to increase the pharma sector growth rate by at least another one or two per cent so that it can touch Rs 4 lakh crore Indian pharmaceutical sector can double in the next your years and touch Rs 4 lak
Hailed as "the bright spot" in a gloomier global economy, India outpaced China as the world's fastest growing economy in 2015 and is expected to clock 7-7.5 per cent growth in the New Year provided the reform momentum continu