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Illicit products adversely affecting Indian industry: Report

Illicit products adversely affecting Indian industry: Report

Thu, Nov 08, 2018

Illicit products are adversely affecting the Indian industry, risking millions of legitimate jobs and resulting in an estimated loss of Rs 1,05,381 crore in just seven sectors, according to industry body FICCI CASCADE. 

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GST collection: festive sales and anti-evasion measures boost amount to over Rs 1 lakh crore

GST collection: festive sales and anti-evasion measures boost amount to over Rs 1 lakh crore

Fri, Nov 02, 2018

The Goods and Services Tax (GST) collections for the month of October crossed Rs 1 lakh crore mark on the back of festive sales and anti-evasion measures.

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Bond street looks cheerful as months of battering finally pauses

Bond street looks cheerful as months of battering finally pauses

Mon, Oct 29, 2018

The week gone by was an extension of the trend of past several weeks. One thought that Halloween came a bit earlier as the fright for equity and therefore the broader financial markets have been more pronounced than at any time this year.

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Good news! At under 10% of GDP, household debt in India not alarming

Good news! At under 10% of GDP, household debt in India not alarming

Thu, Sep 20, 2018

The household debt is low and stagnant during the past few years hovering around in the range of 9-10 per cent of GDP.

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India's growth remains quite robust into future: IMF

India's growth remains quite robust into future: IMF

Wed, Jul 18, 2018

The IMF on Monday forecast a growth rate of 7.3 per cent in 2018 and 7.5 per cent in 2019 for India, which was down by 0.1 per cent and 0.3 per cent respectively than its April projections. 

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India to witness strong growth despite global challenges: CII President

India to witness strong growth despite global challenges: CII President

Wed, Jun 13, 2018

Responding to a question on how large NPA accumulation needs to be dealt with, he said that CII has been propagating setting up of a very large Asset Reconstruction Institution or a "bad bank", which would help clean up the banking system of the stressed assets and allow for unfettered credit flow.

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India’ GDP at 18-month high; Private consumption, crude oil still remains concern

India’ GDP at 18-month high; Private consumption, crude oil still remains concern

Sat, Jun 02, 2018

Real GDP growth improved to 7.7% in Q4FY18 compared to 7% in Q3FY18, 6.3% in Q2FY18 and three-year low number of 5.7% in Q1FY18. Such would be fastest pace of growth in seven quarters.

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India logs Q4 GDP growth of 7.7%, beats expectations, but 2017-18 expansion slows to 6.7%

India logs Q4 GDP growth of 7.7%, beats expectations, but 2017-18 expansion slows to 6.7%

Thu, May 31, 2018

Q4 GDP growth: As per the provisional estimates of national income, the growth rate of GDP at constant (2011-12) prices for the financial year 2017-18 is estimated at 6.7 per cent.

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India GDP growth over 7%; Will Q4FY18 number bring a pleasant surprise?

India GDP growth over 7%; Will Q4FY18 number bring a pleasant surprise?

Thu, May 31, 2018

India's Gross Domestic Product (GDP) came in at 7.2% in third quarter October - December 2017 (Q3FY18) - higher compared to 6.3% in Q2FY18. 

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These sectors set to boost India’s GDP numbers past 7% in Q4FY18

These sectors set to boost India’s GDP numbers past 7% in Q4FY18

Wed, May 30, 2018

India's GDP has reached a 1-year high. The last time, the economy stood near 7% mark, it was in the corresponding period of the previous year. 

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India's GDP growth in Q4 of FY18 seen at 7.4%: Icra

India's GDP growth in Q4 of FY18 seen at 7.4%: Icra

Mon, May 21, 2018

The Central Statistics Office (CSO) is scheduled to come out with GDP estimate for the fourth quarter (Q4) of fiscal 2017-18 and provisional annual estimates for the year 2017-18 on May 31.

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Morgan Stanley raises alert over India's growth story

Morgan Stanley raises alert over India's growth story

Fri, May 04, 2018

Using "beta" as a measure of the volatility, or systematic risk, on returns from the Indian market as compared to EMs, report authors Ridham Desai and Sheela Rathi said India`s beta in relation to EMs had fallen 37 per cent since December 2014 "to a 13-year low".

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India has huge potential, projects 7.3% growth in 2018, says World Bank

India has huge potential, projects 7.3% growth in 2018, says World Bank

Wed, Jan 10, 2018

With an "ambitious government undertaking comprehensive reforms", India has "enormous growth potential" compared to other emerging economies, the World Bank said today, as it projected country's growth rate to 7.3 per cent in 2018 and 7.5 for the next two years.

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India's current account deficit more than doubles in Q2 FY18

India's current account deficit more than doubles in Q2 FY18

Wed, Dec 13, 2017

RBI said that India's CAD rose to $7.2 billion (1.2%) in the second quarter of 2017-18 as against $3.4 billion, or 0.6% of the GDP in thte same quarter of last year. The data further revealed that CAD narrowed sharply from $15 billion in the first quarter of the current fiscal year (2.5% of the GDP). 

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India's GDP growth: Economists cut their forecasts

India's GDP growth: Economists cut their forecasts

Tue, Dec 05, 2017

Fitch alone is not disappointed by the country's current growth rate, CRISIL too has projected India's GDP at 6.8% with downside bias from previous 7% for FY18.    

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Reforms by government slows GDP growth rate in Q2 FY18

Reforms by government slows GDP growth rate in Q2 FY18

Fri, Dec 01, 2017

GDP growth rate has increased from the first quarter of this financial year but has fallen compared to second quarters of previous financial years.  

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SBI cautions: GDP growth rate recovers but hurdles remain

SBI cautions: GDP growth rate recovers but hurdles remain

Fri, Dec 01, 2017

SBI has pointed out a sluggish demand trend that may impact GDP growth rate in the financial year 2017-18.   

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Will India's GDP reverse course in Q2FY18?

Will India's GDP reverse course in Q2FY18?

Wed, Nov 29, 2017

Niti Aayog's Vice-Chairman Rajiv Kumar earlier expressed his confidence stating that India's economic growth in Q2FY18 is expected to soar between 7% and 7.5%. Considering an economist's forecast, this number was a higher projection.

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Sensex edges higher ahead of GDP data; cautious on North Korea

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.

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Govt committed to sticking to fiscal deficit target of 3.2% GDP, says FM Arun Jaitley

Govt committed to sticking to fiscal deficit target of 3.2% GDP, says FM Arun Jaitley

Tue, Oct 24, 2017

Finance Minister Arun Jaitley today said the Indian economy is on a strong wicket with sound macro-economic fundamentals.

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