GDP growth

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?

More >

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.

More >

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. 

More >

Fitch Ratings cut India's FY18 GDP growth forecast to 6.7%, says rebound weaker than expected

Mon, Dec 04, 2017

The US-based ratings agency said growth has "repeatedly disappointed" in recent quarters, partly because of one-off factors including the demonetisation programme of November 2016 and disruptions related to the implementation of the Goods and Services Tax (GST) in July 2017.

More >

Sensex shrugs off GDP rebound, sinks 316 points

Fri, Dec 01, 2017

The 30-share benchmark, after scaling a high of 33,300.81 in early deals, slipped into the negative zone to touch 32,797.78, before settling at 32,832.94, down 316.41 points, or 0.95 per cent. This was its weakest closing since November 15, when it had finished at 32,760.44

More >

Growth policies being drawn up for each sector: Suresh Prabhu

Fri, Dec 01, 2017

The government is working towards drawing up policies for various sectors of the Indian economy to be able to increase their business that would, in aggregate, result in higher GDP growth, Commerce Minister Suresh Prabhu said on Friday.

More >

Growth in manufacturing, trade and transport helped GDP data: Care

Fri, Dec 01, 2017

The Care Ratings said "Manufacturing would continue to do well due to GST tax concessions which will help demand as well as the restocking process which should pick up."

More >

Sensex recovers 140 points on positive GDP data

Fri, Dec 01, 2017

More >

Rise in Q2 GDP signals economic recovery: India Inc

Fri, Dec 01, 2017

India Inc. on Thursday said the rise in the second quarter (Q2) GDP numbers showed signs of economic recovery. "Growth numbers are in sync with the expectations and re-affirm that signs of recovery are in sight," said Pankaj Patel, President of Ficci.

More >

Positive GDP data another boost for Modi govt

Thu, Nov 30, 2017

Today's development seems to show that Indian economy is shaking off the effects of demonetisation and GST rollout after witnessing a low growth of 5.7% in the June quarter

More >

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.

More >

Moody's says Indian corporates to see improved credit profiles in 2018

Wed, Nov 22, 2017

The agency, however, singled out telecom sector for having a negative outlook as intensifying competition will continue to pressure revenues and margins over the next 12 months  

More >

Demonetisation cut cash in economy by 20%: Economic Survey-II

Sat, Aug 12, 2017

Describing the impact of demonetisation on the Indian economy, Chief Economic Adviser (CEA) Arvind Subramanian said on Friday that there has been a 20 per cent reduction in cash in the economy.

More >

Full Text: Here's what RBI said in its bi-monthly monetary policy

Wed, Aug 02, 2017

India's central bank, the Reserve Bank of India (RBI) on Wednesday cut repo rate by 25 basis points making it the lowest since 2010. While announcing its bi-monthly monetary policy the RBI reduced the repo rate to 6% from 6.25% and slashed reverse repo rate to 5.75% from 6%. 

More >

RBI cuts repo rate by 25 basis points; lowest since 2010

Wed, Aug 02, 2017

The decision was taken considering the majority of MPC, as four out of six MPC members were in favour of 25 bps cut in policy rate. 

More >

10 things to know before RBI's August bi-monthly monetary policy

Wed, Aug 02, 2017

Policy repo rate stands at 6.25% presently. Markets are expecting a rate cut while few analysts believe it would be another status quo in this monetary policy review. 

More >

WPI data today: How low will May wholesale inflation go?

Wed, Jun 14, 2017

Wholesale price index or wholesale inflation numbers will be revealed for the month of May on June 14, Wednesday. Analysts expect wholesale inflation to drop. 

More >

Demonetisation impact long gone from Indian markets

Fri, Jun 09, 2017

Indian markets faced difficult times due to demonetisation. However, this has been heavily offset by economic reforms taken during the period Dec - till date. 

More >

What will India's FY18 GDP growth look like?

Fri, Jun 02, 2017

Demonetisation may have impacted India's GDP growth for the fourth quarter ended March 31, 2017 but its effects may not be over so soon. 

More >

Debt continues to be key constraint for India, Moody's says

Thu, Jun 01, 2017

Moody's said, "India (Baa3 positive) is implementing a number of wide-ranging reforms and measures that, if effective, will broaden the tax base and anchor fiscal consolidation. Under such outcomes, the government's debt burden, a key constraint on India's credit profile, would ease gradually."

More >

Demonetisation impacts India's GDP: 10 key things to know

Wed, May 31, 2017

Ministry of Statistics & Programme Implementation on Wednesday released India's Gross Domestic Product (GDP) numbers for the January-March 2017 quarter.

More >

Deceptively quick, India's economy seen staying course as global pacesetter

Wed, May 31, 2017

India is set to hang onto its status as the world`s fastest growing major economy thanks to stronger consumer demand, if data due out later on Wednesday matches economists expectations for a 7.1 percent year-on-year expansion in the March quarter.

More >

Japan's factory output races in April to hit its highest level since 2008

Wed, May 31, 2017

Japan`s factory output rebounded in April from March and grew at the fastest pace in almost six years, taking production to its highest level since 2008.

More >