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GDP growth

Union Budget 2025: How the Indian government earns its money

Union Budget 2025: How the Indian government earns its money

Wed, Jan 08, 2025

Union Budget 2025: In a diverse country like India, the Union Budget holds immense significance. From the common man to prominent business leaders, everyone closely watches it. A budget in India directly impacts the lives of millions across various social and economic backgrounds. Thus, creating a budget requires meticulous planning, attention to detail, and the processing of vast amounts of data to address the nation’s needs effectively. But have you ever thought where Government of India generates revenue from?

Economy to improve in coming quarters, lower Q2 growth a temporary blip: Nirmala Sitharaman

Economy to improve in coming quarters, lower Q2 growth a temporary blip: Nirmala Sitharaman

Tue, Dec 17, 2024

India continues to be the fastest-growing major economy in the world, Finance Minister Nirmala Sitharaman said, adding that the credit goes to the people of India who are struggling and meeting their aspirations, thereby, contributing to the economy.

RBI revises FY25 GDP forecast to 6.6% from 7.2%, says growth may gain momentum from now on

RBI revises FY25 GDP forecast to 6.6% from 7.2%, says growth may gain momentum from now on

Fri, Dec 06, 2024

The RBI lowered its GDP forecast for the current financial year. The central bank now expects the economy to finish the financial year with overall GDP growth of 6.6 per cent.

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Raghuram Rajan: India does not have jobs to lose

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

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

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.

Sensex live today: Index slips in red on negative global cues; ICICI Bank top loser

Thu, Mar 01, 2018

Sensex today: The benchmark indices on Thursday pared initial gains to slip in red with the Nifty50 dipping below its crucial 10,500 level, tracking negative trend in Asian markets, which fell after Wall Street marked its worst monthly performance in two years as the impact from new Federal Reser

India on the cusp of explosive growth: Gautam Adani

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

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

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

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

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

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

India's medium-term growth potential highest among emerging markets: Fitch

Thu, Jan 04, 2018

Key highlights:

India economy went through challenging phases in 2017: CARE Ratings

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

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

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

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

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%

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

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

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

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.

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