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Recovery in the Indian economy is likely to continue and the GDP growth is expected to be higher at 7.8 per cent in the current fiscal, although it will be "uneven", propped largely by "strong consumption" and public expendit
Enthused over encouraging GDP numbers, Finance Minister Arun Jaitley today said the government will push ahead with its reform agenda to retain the fastest growing large economy tag and help India move towards becoming "a mor
Nomura today marked down India's GDP growth forecast marginally to 7.7 per cent for the current fiscal, from 7.8 per cent earlier, saying there is still no sign of an export or private capex turnaround.
Indian economy grew at 7.9 per cent in the fourth quarter of 2015-16 taking the overall GDP growth to a five-year high of 7.6 per cent in the fiscal, mainly on account of good performance of manufacturing and farm sectors.
A Reuters survey of economists expected data out on Tuesday will show India's gross domestic product grew 7.5 per cent year-on-year between January and March, faster than the previous quarter's 7.3 per cent.