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Economic growth News
Union Budget 2018
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Oil stable on weak dollar, economic growth, but pockets of oversupply linger
Wed, Feb 14, 2018
The Saudi energy ministry said on Wednesday that Saudi Aramco`s crude output in March will be 100,000 barrels per day (bpd) below its February level while exports would be kept below 7 million bpd.
Fiscal slippage, LTCG, rural push main focus of Budget 2018
Thu, Feb 01, 2018
Higher than estimated expenses and lower revenue on account of lower GST collections and no spectrum auctions lead to miss fiscal deficit target
Growth rate will depend on range of factors: CEA Arvind Subramanian
Tue, Jan 30, 2018
If oil prices rise it can affect growth next year, as it has direct bearing on GST growth and inflation
Priority to social infrastructure like education, health: Economic Survey.
Mon, Jan 29, 2018
As the way forward, the Economic Survey 2017-18 recommends that though macro-economic growth and efficient markets are essential, it is necessary to equally ensure that the benefits of growth are equitably accessible to all citizens to make growth broad-based.
India to become $5-trillion economy by 2025, says Modi
Tue, Jan 23, 2018
He said over the past three years, the Indian government has resolved a number of regulatory and policy issues facing businesses, investors and companies
India's fiscal deficit may widen to 3.5% in FY19: Report
Sun, Jan 21, 2018
The mix will still be favourable and hence we don't expect macro stability risks to arise, the report said
India to become fastest growing large economy in 2018: Report
Sun, Jan 21, 2018
The report says when the rest of the world offers low growth and insufficient structural change, India, by contrast, is seen as a reforming economy with the prospect of strong long-term growth
India Ratings projects economic growth at 7.1% next fiscal
Thu, Jan 18, 2018
India Ratings and Research today projected the country's economic growth to improve to 7.1 per cent next fiscal from 6.5 per cent this year, buoyed by robust consumption demand and low commodity prices.
This budget will be Modi government's biggest challenge in 4 years
Tue, Jan 16, 2018
The tinkering of indirect taxes, which was an aspect of the budget that affected everyone in all corners of the country, is not within the Centre`s domain anymore.
Audi, BMW workers stage strikes amid talks over wages, hours
Fri, Jan 12, 2018
Workers at German companies including premium carmakers Audi and BMW are staging further walkouts on Friday amid labour talks seeking higher pay and shorter working hours which are set to continue next week.
Indian origin lawmakers can be catalysts in India's growth: PM Modi
Tue, Jan 09, 2018
A record USD 16 billion of FDI came into the country last year, Modi said. This, the prime minister said, had happened due to far- reaching policy changes ushered in by his government, with "reform and transform" being its guiding principle.
Why you should invest in equity after retirement too
Mon, Jan 08, 2018
As the interest rates on fixed deposit have gone down by around 2.5 per cent, senior citizen can keep their money growing by investing in equity.
Global Markets: Asian shares near record high, dollar weak as job, wage data awaited
Fri, Jan 05, 2018
Asian shares inched closer to a record high on Friday as U.S. jobs data pointed to firm economic growth although the greenback was soft as the spectre of benign inflation capped domestic bond yields.
Early indicators for Nov 2017 signal rebound in industrial growth: ICRA
Thu, Dec 21, 2017
The performance of ten of the 16 early volume-based indicators improved sequentially in November 2017, while several of the remaining indicators displayed a base effect-led moderation in the pace of YoY growth, said the report.
Modi govt may announce India's first employment policy in upcoming budget
Fri, Dec 15, 2017
This policy that will outline a comprehensive road map for creation of quality jobs across sectors through economic, social and labour policy interventions.
India November inflation likely exceeded RBI's 4 percent target: Poll
Mon, Dec 11, 2017
India`s retail inflation likely breached the central bank`s 4.0 percent medium-term target in November after unseasonably heavy rains sent food prices soaring, a Reuters poll showed.
GDP growth in FY'19 likely to see marginal pick up at 7.2%: BofA-ML
Wed, Dec 06, 2017
The country's economic growth is expected to continue with a "shallow recovery" next year, and is likely to inch up to 7.2 per cent in 2018-19 from an estimated 6.5 per cent in the current fiscal, says a report.
India's GDP growth recovers to 6.3% in second quarter of FY18
Thu, Nov 30, 2017
The CSO said that GDP at constant (2011-12) prices in Q2 of 2017-18 is estimated at Rs 31.66 lakh crore, as against Rs 29.79 lakh crore in Q2 of 2016-17, showing a growth rate of 6.3 percent.
India's economic growth may rebound as demonetisation, GST impact fades
Thu, Nov 30, 2017
Finance Minister Arun Jaitley said that India has standardised itself for a 7-8 per cent growth rate on the back of improving macroeconomic fundamentals.
Sensex edges higher ahead of GDP data; cautious on North Korea
Wed, Nov 29, 2017
Boader gains on Wednesday were capped as caution over the latest missile test by North Korea and softness in Chinese shares hit Asian markets. MSCI`s broadest index of Asia-Pacific shares outside Japan was down 0.08 percent.