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If there is one GDP in this world I would bet on, it's India and this (demonetisation) will be a bump... Very few people in the financial world say this isn't the right thing to do
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
China as the economic engine has "begun to sputter" and India is the only other country with over a billion plus people and also grew "a tad faster" than its northern neighbour in the last year.
China on Thursday expressed serious concern over India starting an anti-dumping investigation against Chinese steel products, while New Delhi has already imposed anti-dumping duty on them.
The World Bank has dropped the use of developing nation tag for India in its specialised reports and instead classifies it as a "lower-middle-income" economy in South Asia, a top official has said.
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.
In late 2014, the knives were out for Reserve Bank of India Governor Raghuram Rajan. Finance ministry officials were frustrated by his reluctance to cut interest rates to stimulate growth...
Indian economy is treading the upward curve in its growth trajectory and investors wanting higher returns should park funds in infrastructure and manufacturing sector...
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.
The economic growth is expected to be 7.5 per cent in 2015-16, lower than advance estimate of 7.6 per cent by the Central Statistics Office, India Ratings and Research said today.
