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India's GDP growth is reflection of transformative reforms of last 10 years: PM Modi

India's GDP growth is reflection of transformative reforms of last 10 years: PM Modi

Sat, Dec 09, 2023

Addressing the 'Infinity Forum 2.0' conference at the GIFT City here via video link, Modi said his government wants to turn the Gujarat International Finance Tec (GIFT) City into a global nerve centre of the new age global financial and technology services.

India is keen to increase its manufacturing share in GDP from 17% to 25%: Union Minister Hardeep Puri

India is keen to increase its manufacturing share in GDP from 17% to 25%: Union Minister Hardeep Puri

Sat, Sep 30, 2023

Addressing the 118th Annual Convention of the PHD Chamber of Commerce and Industry (PHDCCI), Hardeep Singh Puri said, "Global supply chains are realigning. India is emerging as an alternative supply source given its raw materials, low labour costs, growing manufacturing know-how, and entrepreneurial ability.

India to be third largest contributor to global GDP, says CEA

India to be third largest contributor to global GDP, says CEA

Thu, Jun 15, 2023

India will be the third largest contributor to the global gross domestic product (GDP) this year, Chief Economic Advisor, Dr V. Anantha Nageswaran said on Thursday.

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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.

India's Q4 GDP growth seen at 7.1%: Ficci survey

India's Q4 GDP growth seen at 7.1%: Ficci survey

Tue, May 29, 2018

The Central Statistics Office (CSO) is scheduled to release GDP numbers for the fourth quarter as well as the 2017-18 fiscal on May 31.

India likely to clock 7.5% growth in FY19: Deutsche Bank

India likely to clock 7.5% growth in FY19: Deutsche Bank

Sun, Apr 29, 2018

The Reserve Bank expects India's economic growth rate to strengthen to 7.4 per cent in the current fiscal, from 6.6 per cent in 2017-18, on account of revival in investment activity.

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's GDP at 7.2% in Q3FY18; second advance estimate stands at 6.6% for FY18

India's GDP at 7.2% in Q3FY18; second advance estimate stands at 6.6% for FY18

Wed, Feb 28, 2018

GDP at constant (2011-12) prices in Q3 of 2017-18 is estimated at Rs 32.50 lakh crore, as against Rs 30.32 lakh crore in Q3 of 2016-17, showing a growth rate of 7.2%.

List of factors to surround RBI decision on monetary policy

List of factors to surround RBI decision on monetary policy

Wed, Feb 07, 2018

RBI has kept policy repo rate unchanged at 6% in the past two monetary policy meetings along with accommodative stance due to fear of higher inflation and macro-economic data.

First revised GDP estimates of FY15, FY16 and FY17 to be released today

First revised GDP estimates of FY15, FY16 and FY17 to be released today

Wed, Jan 31, 2018

Based on these estimate, then accordingly the CSO will revise further the GDP and GVA estimate for FY18 as second advance estimate on February 2018.

IBC a helping tool for twin balance-sheet, investment crisis: Economic Survey

IBC a helping tool for twin balance-sheet, investment crisis: Economic Survey

Mon, Jan 29, 2018

The issue of twin balance-sheet and low private investment due to banks' stressed assets and over-leveraged corporate books hampering the growth prospects.

IMF's 7.4% growth forecast for India in FY19 a boost to Modi govt

IMF's 7.4% growth forecast for India in FY19 a boost to Modi govt

Tue, Jan 23, 2018

IMF in its World Economic Outlook update, January 2018, said that India will grow 7.4% and 7.8% in FY19 and FY20, respectively.

Indian economy's four-year low data surprise experts, analysts

Indian economy's four-year low data surprise experts, analysts

Mon, Jan 08, 2018

GDP numbers stood at 6.3% in the second quarter of FY18 (Q2FY18) from 5.7% in the preceding quarter.

Government hopeful of higher GVA in agriculture sector in 2017-18

Government hopeful of higher GVA in agriculture sector in 2017-18

Mon, Jan 08, 2018

Following release of the Advance Estimate (AEs) of GDP and GVA for the economy for 2017-18, the Ministry of Agriculture and Farmers` Welfare on Sunday said that the agriculture sector is estimated to register a higher GVA in the next financial year.

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.

Indian economy to be 5th largest in 2018: World Economic League

Indian economy to be 5th largest in 2018: World Economic League

Wed, Dec 27, 2017

It would be the first time when the Indian economy will overtake the UK and France in real money dollar terms, the ninth-edition of the report released by London-based Centre for Economics and Business Research showed.

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

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.

GST has made made trade easier, expanded market for business: Jaitley

GST has made made trade easier, expanded market for business: Jaitley

Sat, Dec 02, 2017

Referring to the GDP growth rising to 6.3 percent afer a five quarter slump, he said it shows that structural reforms benefit in the medium and long term.

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.

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.

Govt not disappointed by S&P rating action: Eco Affairs Secy

Govt not disappointed by S&P rating action: Eco Affairs Secy

Sat, Nov 25, 2017

S&P kept the rating for India unchanged at 'BBB-minus' with 'stable' outlook saying vulnerabilities stemming from low per capita income and high government debt balance strong GDP growth.

India moves up one notch to 126 in GDP per capita terms

India moves up one notch to 126 in GDP per capita terms

Sun, Nov 19, 2017

The data, which forms part of the latest World Economic Outlook report of the International Monetary Fund, ranks over 200 countries in terms of per capita GDP based on purchasing power parity (PPP).

1-year of Demonetisation: This move became "ache din" for mutual funds industry and Indian markets

1-year of Demonetisation: This move became "ache din" for mutual funds industry and Indian markets

Wed, Nov 08, 2017

On November 08, 2016, Modi scrapped high denomination notes namely Rs 500 and Rs 1000 - accounting 86% of India's currency. This event has been a hot topic since then across the country.

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