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Economic growth News
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.
Asian markets hit 10-year high on strong economy, oil gains
Wed, Nov 01, 2017
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.6%, led by 1.1% gains in South Korea while Japan's Nikkei gained 1.4%.
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.