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India's growth pace for October-December quarter could top China's rate
Wed, Feb 28, 2018
If there was 6.9 percent growth, that would top China`s 6.8 percent annual pace for October-December. The last time India had a faster growth rate was in the final three months of 2016.
Govt favours income centric agriculture policies: Radha Mohan Singh
Mon, Feb 19, 2018
The government has started developing 'climate smart agriculture' through a national-level project under which farmers are being made aware and capable of adopting climate-friendly farming techniques.
India believes in growth but committed to environment: PM Modi
Fri, Feb 16, 2018
Invoking Mahatma Gandhi, Modi said, "We believe that all resources and wealth belongs to nature and the almighty and we are just the trustees or managers of this wealth."
IATA warns airlines headed for crisis on rising infrastructure costs
Mon, Feb 05, 2018
The growing cost of airport infrastructure poses risks to the global airline industry`s profitability and growth, the head of the International Air Transport Association (IATA) said, adding a crisis due to inadequate infrastructure was brewing almost everywhere in the world.
Survey is a reflection of govt’s commitment to growth, development: Dr Bibek Debroy
Tue, Jan 30, 2018
Dr Debroy endorsed the pick-up in growth highlighted in the survey, but was of the view that in 2018-19 the real GDP growth rate is likely to be closer to 7.5 per cent rather than 7 per cent.
Sensex, Nifty end at record high as Economic Survey projects higher GDP in FY19
Mon, Jan 29, 2018
The S&P BSE Midcap and the S&P BSE Smallcap underperformed and shed up to 1 per cent.
India Ratings projects economic growth at 7.1% next fiscal
Thu, Jan 18, 2018
India Ratings and Research today projected the country's economic growth to improve to 7.1 per cent next fiscal from 6.5 per cent this year, buoyed by robust consumption demand and low commodity prices.
Tata Motors sales up 52% in December
Tue, Jan 02, 2018
The company's share rose over 3% on the bourses
Eight core sectors grow 6.8% in November: Commerce Ministry
Mon, Jan 01, 2018
The data said the eight core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).
FMCG, white goods makers pin hope on 2018 to erase woes of 2017
Tue, Dec 19, 2017
The companies feel that prospects of good economic growth coupled with a revival in demand and consumption will help them overcome the hit they took on volumes and profits in 2017.
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.
India's GDP growth in the fourth quarter drops to 6.1%; clocked 8% in 2015-16
Wed, May 31, 2017
Ministry of Statistics & Programme Implementation on Wednesday released India's Gross Domestic Product (GDP) numbers for the quarter January-March 12017. It said that India's GDP for the fourth quarter stood at 6.1%, missing estimates. In the previous quarter, GDP was at 7%, in second quarter
Will demonetisation impact India's GDP for the last quarter of FY17?
Wed, May 31, 2017
CSO will announce India's fourth quarter GDP on May 31, 2017. GDP numbers for October – December 2016 period stood at 7.1% as against GDP growth of 7.4% in Q2FY17 and 7.2% in Q1FY17.
Fitch Ratings pegs India's real GDP at 7.7% in FY17
Tue, May 02, 2017
Fitch Ratings said, "India's sovereign ratings balance a strong medium-term growth outlook and favourable external balances with a weak fiscal position and difficult business environment. However, the business environment is likely to gradually improve with the implementation and continued broadening of the government's structural reform agenda."
Growth in 2016-17 would be 7% to 7.75%, NITI Aayog says
Thu, Jan 12, 2017
The 12th Five-Year Plan appraisal document, prepared by NITI Aayog has made a strong case for clear tax policies and focus on manufacturing, even as it exuded confidence that growth in 2016-17, the final year of the Plan would be 7 per cent to 7.75 per cent.
India Inc's fourth quarter revenue growth to remain under pressure
Tue, Jan 10, 2017
Prasad Koparkar, Senior Director, CRISIL Research: “Despite a favourable monsoon and lower borrowing costs, we expect key consumption-driven sectors such as automobiles, telecom services and FMCG to record the slowest growth in two years."
Growth in China's factories, services slows in December
Sun, Jan 01, 2017
China`s manufacturing sector expanded at a weaker than expected pace in December, with growth slowing from the previous month as the world`s second-largest economy heads into 2017.
Reserve Bank of India MPC panel focuses more on inflation, plays down growth worry
Wed, Dec 21, 2016
"Achieving the inflation target ... remains the primary objective," RBI Governor Urjit Patel said in the minutes.
Demonetisation helps Amazon clock triple-digit growth: Amit Agarwal
Wed, Dec 07, 2016
Cashing in on the ongoing demonetisation drive across India, Amazon India is witnessing triple-digit growth in its sales as it has switched to various electronic payments platforms, said the company`s Vice President and Country Manager Amit Agarwal.
India has an infrastructure gap, says Jaitley
Fri, Nov 04, 2016
"I see at least for the next several years, a lot of investment being attracted into India, both from within the country and outside," Jaitley said.