Aided by stepped up government spending, a surprise uptick in agricultural output and and sharper value creation in the manufacturing sector, India's GDP growth picked up in second quarter of the current fiscal to 7.4%, from
Helped by pick up in manufacturing, India's economy grew by 7.4 per cent in July-September, outpacing China to become the fastest growing major economy, supporting the case for RBI to keep interest rates steady.
Economic growth likely picked up in the July-September quarter, outpacing China on improving domestic demand and manufacturing activity that could persuade the Reserve Bank of India to keep interest rates unchanged.
Post-Bihar, there is talk of returning to the development agenda. I would be the happiest person if the energies of the government and Parliament can be channelised into implementing a solid agenda of development.
India is likely to clock a growth rate of 7.5 per cent for the July-September quarter, while the Reserve Bank is expected to go for 50 basis points cut in interest rate in the first half of next year amid softer inflation, sa
With slew of measures putting back the economy on track, Prime Minister Narendra Modi today said reforms are "just a way station" to transforming India and vowed to provide a transparent and predictable tax regime as well as
India's gross domestic product (GDP) likely grew around 7.3% in the July-September quarter, up from 7% in the first quarter of FY16, but it remained below the country’s potential, Moody's Analytics said.
Lifted by the prospects of faster implementation of reforms and a favourable terms-of-trade shock, India is expected to weather global volatility with real GDP growth projected to increase to 7.5 per cent despite a weak expor
India's gross domestic product (GDP) could see a jump of around 60 per cent by 2025 if the gender inequality issue in society is resolved and more women are allowed to join workforce, says a McKinsey report.
India’s current account deficit (CAD) narrowed to $6.2 billion or 1.2% of gross domestic product (GDP) in April-June of 2015-16, from $7.8 billion or 1.6% of GDP a year ago, data from the Reserve Bank of India (RBI) showed
The current account deficit narrowed to 1.2 per cent of GDP at USD 6.2 billion in the June quarter on contraction in trade deficit and higher earnings from services exports, the Reserve Bank said today.
Manufacturing sector grew at a slower pace in August as order flow turned sluggish and forced the companies to cut prices, a business survey showed today, adding to the clamour for interest rate cut by RBI.
India’s GDP may have grown by more than 7.5% in the first quarter of the current fiscal, Finance Secretary Rajiv Mehrishi said on Thursday. "The (Q1) figure seems to be in excess of 7.5%,” Mehrishi told The Financial Expr
The BSE Sensex has dropped over 2,300 points since August 17 and on August 24, the markets witnessed the worst-ever carnage in stock market, with Sensex crashing by 1,624.51 points as rout in Chinese stocks triggered a global