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GDP growth News
Why Raghuram Rajan did not join Twitter revealed; find out
Fri, Mar 23, 2018
Renowned economist Raghuram Rajan today said he has not joined microblogging site Twitter as he was not quick to respond to tweets in a few words in 30 seconds. "I don't have time. My sense is that in many of these things, once you start engaging, you have to be consistent..
Raghuram Rajan: India does not have jobs to lose
Fri, Mar 23, 2018
Raghuram Rajan said that driverless cars will become a reality in future, but people need to be reassured about their viability. Machines will reduce dependence on doctors, he said, but added that humans are still cheaper to programme than a robot.
India GDP growth forecast: World Bank says 8 pct acceleration possible, but there is a catch
Wed, Mar 14, 2018
India GDP growth forecast: India's economic growth had slipped to a three year low of 5.7 per cent in April-June quarter of the current fiscal, though it recovered in the subsequent quarters. The economy is expected to grow at 6.6 per cent in the current fiscal ending March 31, as per the second advanced estimates of the Central Statistics Office (CSO), compared to 7.1 per cent in 2016-17. The earlier estimate was 6.5 per cent.
Economic growth in India at 8-9% over 20 yrs can solve social issues: Rangarajan
Tue, Mar 06, 2018
Economic growth: According to Rangarajan, in the industrialised world growth happened first, followed by provision of social safety nets. "But, that is not possible in the 21st century. It is not possible to say let's grow and then we will take care of the other things. We need to combine growth with the need to take care of the vulnerable and the disadvantaged," he said.
India on the cusp of explosive growth: Gautam Adani
Sat, Feb 03, 2018
Adani said over the past few years, the Narendra Modi government has introduced "game changing" policies which will drive foundational changes across India
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
GDP growth not justifiable unless benefits reach farmers: FM
Sun, Jan 14, 2018
Ahead of the Budget, Finance Minister Arun Jaitley today said the agriculture sector is the top priority for the government because the country's economic growth is not "justifiable and equitable" unless the benefits are "clear and evident" in the farm sector.
Markets may go up as WB report suggests uptick in macro environment
Wed, Jan 10, 2018
The markets is now consolidating and it should move up in the near term and long term
GDP growth will become more robust in 2018-19: Dr Rajiv Kumar
Fri, Jan 05, 2018
Reacting on the growth estimates released today, the Vice Chairman of NITI Aayog said that the second half GDP growth in 2017-18 has risen to 7% bringing the annual growth rate to 6.5%.
India's FY18 GDP growth estimated at 6.5%, says CSO data
Fri, Jan 05, 2018
Anticipated growth of real GVA at basic prices in 2017-18 is 6.1 percent as against 6.6 percent in 2016-17, said the CSO report.
India's medium-term growth potential highest among emerging markets: Fitch
Thu, Jan 04, 2018
India economy went through challenging phases in 2017: CARE Ratings
Fri, Dec 29, 2017
For the first half of the year, growth has come in lower at 6% compared with 7.7% in H1-FY17. There was only one sector, trade, transport, hotels etc, which registered higher growth in H1-FY18 at 10.5% compared with 8.3% last year, the rating agency said.
India's GDP growth to be around 7.5% in 2018: Nomura report
Mon, Dec 25, 2017
The Nomura report noted that a tightening of monetary policy is likely owing to inflationary pressures and higher oil prices.
FinMin shows strong macro-economic fundamentals, reforms for sustained growth in 2017
Mon, Dec 18, 2017
Union Finance Ministry on Monday released its year end review showing strong macro-economic fundamentals and reforms for sustained growth for the year 2017-18.
India growth to normalise in next four to six quarters, says Standard Chartered
Thu, Dec 14, 2017
The report said that economic growth has bottomed out after slowing to a 13-quarter low of 5.7% in April-June 2017, but predicted growth recovering further to 7% over the next few quarters (6.3% in July-September 2017), supported by several factors.
Moody's outlook for Indian corporate sectors stable; Telecom gets negative rating
Thu, Dec 14, 2017
Telecom sector of India received a negative outlook from the Moody's Investors Service, which said that intense competition and heavy debt loads continue to pressure cash flows, ultimately driving consolidation activity towards a three player market.
ADB lowers India's 2017 growth outlook to 6.7%
Wed, Dec 13, 2017
The recovery in the Indian economy "is more subdued than assumed earlier due to rising crude oil prices, soft private investment growth, and weather-related risks to agriculture," the ADB said.
India's growth rate to accelerate to 7.2% in 2018, 7.4% in 2019: UN
Tue, Dec 12, 2017
The report warned that for India "the anaemic performance of private investment remains a key macroeconomic concern." "Gross fixed capital formation as a share of GDP has declined from about 40 per cent in 2010 to less than 30 per cent in 2017," the report said.
India's GDP growth to rise to 7.5% in 2018: Morgan Stanley
Fri, Dec 08, 2017
The global brokerage is confident about prospects for a recovery in private capital spending as demand conditions are improving post demonetisation and GST implementation.
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.