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When will Indian economy hit $5 trillion mark? Railway Minister Piyush Goyal explains
Tue, Jul 16, 2019
Union Minister for Commerce and Industry and Ministry for Railways Piyush Goyal has expressed confidence that Indian would be a $5 trillion economy by the year 2025.
Focus should be on 7% GDP growth: Uday Kotak
Sat, Apr 13, 2019
Uday Kotak, vice chairman and managing director, Kotak Mahindra Bank said that the policy rate should be reduced by the Reserve Bank of India (RBI). He added that the focus should be on achieving GDP growth at the rate of 7 percent. Watch this video to know more.
Debt market to remain under pressure in April
Thu, Apr 11, 2019
GDP forecast is directly proportional to bond and debt market. Since the GoI has lowered its GDP forecast for FY20, it is going to affect debt and bond market, say experts.
India set to grow at 7.2 pc this fiscal on rising consumption: ADB
Wed, Apr 03, 2019
India's growth is set to pick up and is expected to grow at 7.2 per cent in the current fiscal on strengthening consumption, Asian Development Bank said in its flagship report released Wednesday.
India can't achieve 9-10% GDP growth without revolution in farm sector, says Niti Aayog CEO Amitabh Kant
Tue, Mar 19, 2019
India cannot achieve 9-10 per cent GDP growth without revolution in the farm sector, Niti Aayog CEO Amitabh Kant said Monday.
NBFC crisis slows GDP growth, real estate worst hit
Tue, Mar 05, 2019
India`s GDP growth slowed to 6.6 per cent in the October-December quarter of 2018-19, the lowest rate in five quarters, primarily due to the stress among the non-banking finance companies (NBFCs).
GDP: India's economic growth slows down to a 5-quarter low of 6.6% in Oct-Dec period of this fiscal
Thu, Feb 28, 2019
India's economy grew a lower-than-expected 6.6 percent in the October-December period.
Direct Tax mop up in Apr-Jan at Rs 7.89 lakh cr
Fri, Feb 08, 2019
Net direct tax collection during the April-January period of current fiscal stood at Rs 7.89 lakh crore, Parliament was informed on Friday.
Centre revises GDP growth rate for 2017-18 upwards to 7.2 per cent from 6.7 per cent
Thu, Jan 31, 2019
The CSO in its advance estimate had pegged the GDP growth rate for 2018-19 at 7.2 per cent.
High GDP growth, regulatory reforms will boost Indian insurance sector: Moody's
Wed, Jan 23, 2019
The Indian insurance industry will grow strongly on the back of robust GDP growth and evolving regulations, US ratings multinational Moodys said on Tuesday.
Govt initiates action plan to improve GDP
Mon, Jan 14, 2019
The Indian government has initiated the action plan to improve GDP and for first phase, will focus on six districts of five states. Watch the video to know more.
Absolutely everything you want to know about GDP growth in India
Mon, Jan 07, 2019
Indian economy is expected to grow at 7.2 per cent in 2018-19 against 6.7 per cent in the previous fiscal mainly due to improvement in the performance of agriculture and manufacturing sectors, the Central Statistics Office (CSO) said Monday
Indian economy likely to grow at 7-7.4 per cent in FY19: NCAER
Fri, Nov 30, 2018
According to a report by the National Council of Applied Economic Research (NCAER), the real agriculture Gross Value Added (GVA) is envisaged to grow at 3 per cent and real industry GVA at 7 per cent in 2018-19.
Savings, investment rates plunge 1000 bps in FY11-FY18: Report
Thu, Nov 29, 2018
Ahead of the general elections, the government Wednesday lowered economic growth rates during the previous Congress-led UPA regime by shaving off over 1 percentage point.
Dip in revenues may widen fiscal gap to 3.5% in FY19: India Ratings
Mon, Nov 26, 2018
Despite repeated assurances, India will not be able to narrow fiscal deficit to the targeted 3.3 per cent for 2018-19 of GDP on a shortfall in indirect taxes and non-tax revenues, a report said Monday.
Boost for economy: GDP grows at 8.2 per cent in Q1 of 2018-19
Fri, Aug 31, 2018
The impressive growth numbers can be attributed to the strong performance by core sectors, more purchases by households and capacity improvement by companies.
India's April-June fiscal deficit at 68.7 percent of FY target
Tue, Jul 31, 2018
India reported on Tuesday a fiscal deficit of 4.29 trillion rupees ($62.57 billion) for April-June, or 68.7 percent of the budgeted target for the current fiscal year compared with 80.8 percent a year ago
GST impact: India on path to becoming a preferred global investment destination
Tue, Jul 31, 2018
The Goods & Services Tax (GST) which was implemented by the government from August 1, 2017 is without doubt the most significant and path breaking economic reform in the country since independence. It has seamlessly integrated the country into one single market, resulted in ushering in unprecedented efficiencies in our systems and has reduced the cascading effect of multiple taxes, duties and levies on manufactured goods and services.
India, 9 others’ real GDP will surpass US
Mon, Jul 23, 2018
The 10 major economies of Asia, including India, are expected to see robust growth and amount to over $28 trillion in real GDP terms on aggregate, more than the US by 2030, says a DBS report.
Economic growth in India: This is what may stifle GDP
Tue, Jul 17, 2018
Economists see headwinds to economic growth recovery going ahead as the slew of data announced recently ignited fears of a slowdown. While May Index of Industrial Production (IIP) fell 100 basis points (bps) to 3.2%, June trade deficit expanded 17.57% and retail inflation increased to 5% in June.