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Economic growth News
TCS under GST would have slowed down e-commerce, economic growth, job creation, says FICCI
Tue, Jun 27, 2017
FICCI says that the TCS provision under GST would have led to a slowdown in e-commerce, economic growth and job creation as it would have a direct impact on sellers on these platforms.
India's growth rate to nearly touch 8% next year, says UN Report
Tue, May 16, 2017
The UN economic report raised India's growth rate for next year by 0.3% to bring it to 7.9%.
Indian economy to grow at 7.4% this year, FICCI Survey finds
Mon, May 15, 2017
KEY HIGHLIGHTS: 1. Indian economy to grow between 7% to 7.6% this year. 2. Agricultural sector is estimated to growth at 3.5% in 2017-18 3. Majority of economists surveyed supported Universal Basic Income
Only 21% feel millennials will have comfortable retirement
Mon, May 15, 2017
It said 40 per cent of Baby Boomers believe that their own generation is in the best position to retire comfortably.
Protectionism can blunt US firms' efficiency & can affect Indian companies, says FM Arun Jaitley
Sun, May 07, 2017
India's finance minister Arun Jaitley while speaking at 'Asia's Economic Outlook: Talking Trade' on the sidelines of Asian Development Bank's 50th annual meet in Japan said that the US firms may become sluggish if cheaper products and efficient services are cut off to them due to protectionist policies.
Emerging economies account for over 75% of global growth: Arun Jaitley
Sat, Apr 22, 2017
The discussion sessions focused on the Compact with Africa, Financial Sector Development and Regulations, International Financial Architecture and Global Financial Governance.
India's gold demand may touch up to 950 tonnes level by 2020 on economic growth, greater transparency says WGC
Wed, Mar 08, 2017
World Gold Council on Wednesday said India's gold demand may go up to 950 tonnes level by 2020 on back of economic growth and greater transparency.
China services sector extends strong growth in January but pace eases: Caixin PMI
Mon, Feb 06, 2017
China's services PMI has declined marginally to 53.1 in January on a seasonally adjusted basis from 53.4 in December, showed the Markit/Caixin services purchashing managers' index (PMI).
Here are key highlights of Economic Survey 2016-17
Tue, Jan 31, 2017
India's Economic Survey 2016-17 has projected the country's economy to recover back to normal to six-and three-fourth percent to seven-and-half percent for 2017-18.
China to target around 6.5% economic growth in 2017: Sources
Mon, Jan 16, 2017
China will lower its 2017 economic growth target to around 6.5% from last year`s 6.5-7%, policy sources said, reinforcing a policy shift from supporting growth to pushing reforms to contain debt and housing risks.
Demonetisation just a bump; India to maintain 7% GDP growth: Cisco
Mon, Jan 09, 2017
Describing demonetisation as only a "bump", Cisco Executive Chairman John Chambers on Monday said India is well-positioned to maintain gross domestic product (GDP) growth rate of over 7% for the next few years and it should be a "top ally" for the US in the Asia Pacific region.
China central bank adviser calls for flexible 2017 growth target
Sun, Jan 01, 2017
The Chinese government should set a more flexible target for economic growth this year to give more space for reform efforts, a central bank adviser told the official Xinhua news agency in comments published on Sunday.
Growth in China's factories, services slows in December
Sun, Jan 01, 2017
China`s manufacturing sector expanded at a weaker than expected pace in December, with growth slowing from the previous month as the world`s second-largest economy heads into 2017.
Stop talking about the Federal Reserve, says Trump advisor
Thu, Nov 10, 2016
"I think people should move on from the Fed and talk more about the other policies that will change rather quickly," adviser David Malpass.
Jaitley to address BRICS seminar on corporate bond market tomorrow
Mon, Sep 26, 2016
Eyeing deepening of corporate bond market in India, Finance Minister Arun Jaitley will tomorrow address a session on ways to develop it and possibilities of sharing the best practices followed by BRICS countries.
Economic growth of over 8% for 30 years will bring the best of the world to India: PM Modi
Sat, Aug 06, 2016
PM Modi said, “India is among the fastest growing economies in the world. The world is in recession. Despite the purchasing capacity of world going down, we have a growth rate of 7.6%.”
A large rise in economic growth around the corner with increase in CV sales?
Mon, Jul 11, 2016
A sharp revival in CV sales is often followed by a swift turnaround in the manufacturing sales.
India's economic growth must benefit its neighbours: PM Modi
Sat, Jun 18, 2016
India's economic growth will not be confined to bringing about development only in the country but it must also drive and bring benefit to its neighbours like Sri Lanka, Prime Minister Narendra Modi said on Saturday.
Fourth quarter GDP expands at 7.9%, ends year with 7.6% growth
Tue, May 31, 2016
The Central Statistics Office (CSO), on Tuesday, said that India’s Gross Domestic Product (GDP) grew by 7.9% ending the year with a total of 7.6% growth.