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India GDP

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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Job creation in India Inc grows at slower pace; Banks, IT, Healthcare top employers

Job creation in India Inc grows at slower pace; Banks, IT, Healthcare top employers

Tue, Oct 31, 2017

Banks, IT, retailing, and healthcare continue to provide increasing job opportunities while sectors like mining, power, telecom have witnessed reduction in the employees.

MPC minutes: Bleak chances of rate cuts in Dec, says Nomura

MPC minutes: Bleak chances of rate cuts in Dec, says Nomura

Thu, Oct 19, 2017

Though the economy has bottomed out in the first quarter and retail inflation may stay under 3 per cent in October, since core inflation is likely to be above 4 per cent, we expect the rates to remain unchanged even in the December policy, said Japanese brokerage Nomura.

India GDP: IMF's forecast not surprising; problems way beyond demonetisation, GST

India GDP: IMF's forecast not surprising; problems way beyond demonetisation, GST

Thu, Oct 12, 2017

IMF and many economists have forecasted India's GDP growth to range between 6.5% to below 7% for fiscal year 2017-18 (FY18)

RBI chooses inflation over growth, keeps repo rate unchanged

RBI chooses inflation over growth, keeps repo rate unchanged

Wed, Oct 04, 2017

RBI has decided to keep key rates unchanged during its bi-monthly monetary policy meeting in Mumbai on October 4, 2017. RBI also revised GVA growth downwards to 6.7% from its earlier projection of 7.3%.

Fitch lowers India's 2017-18 growth forecast to 6.9%

Fitch lowers India's 2017-18 growth forecast to 6.9%

Tue, Oct 03, 2017

Fitch said that economic activity "may have been disrupted" in 2Q17 by firms running down inventory ahead of the implementation of the Goods and Services Tax (GST) in July.

After ADB, India Ratings revises India's growth projection to 6.7% in FY18

After ADB, India Ratings revises India's growth projection to 6.7% in FY18

Wed, Sep 27, 2017

IndRa in its research report said that the combined effect of demonetisation and introduction of goods and services tax (GST) is proving to be more disruptive for the economy than was expected earlier.

Economic slowdown to dominate BJP meet today

Economic slowdown to dominate BJP meet today

Mon, Sep 25, 2017

The meeting also focus on the role of the party ideologue, the late Deen Dayal Upadhyay, during his birth centenary and how best to commemorate the occasion.

Big Story Big Debate: Will Rs 50,000cr stimulus package give a boost to Indian GDP?

Big Story Big Debate: Will Rs 50,000cr stimulus package give a boost to Indian GDP?

Sat, Sep 23, 2017

This segment of Big Story Big Debate brings you a detailed report and views of experts on India's GDP growth. The stimulus package of Rs 50,000cr which is likely to be announced by FM Arun Jaitley be able to give a boost to Indian GDP? Watch full video to know more.

Focus on infra, power and exports to boost GDP growth, says Rajan

Focus on infra, power and exports to boost GDP growth, says Rajan

Fri, Sep 08, 2017

For the quarter ended June, India's GDP growth slumped to a three-year low of 5.7 per cent -- lagging China for the second straight quarter -- as manufacturing slowed ahead of the GST launch amid the lingering effect of demonetisation.

Farm loan waiver is quick-fix, warns of negative impact, says Patel

Farm loan waiver is quick-fix, warns of negative impact, says Patel

Fri, Sep 01, 2017

"In the absence of coordinated and sustained efforts to put in place elements of a virtuous cycle of uplift of farmers' income, loan waivers have periodically emerged as a quick fix to ease their distress," RBI said in a statement quoting Patel as telling a seminar on agri debt waiver here.

Five things Arun Jaitley said on India's falling first quarter GDP

Five things Arun Jaitley said on India's falling first quarter GDP

Thu, Aug 31, 2017

Finance Minister Arun Jaitley's views on India's GDP summed up.

Three charts that show what changed India's GDP in Q1 FY18

Three charts that show what changed India's GDP in Q1 FY18

Thu, Aug 31, 2017

Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation on Thursday released the GDP data for Q1 FY18. The growth of the gross domestic product (GDP) slowed in the first quarter of the current financial year to 5.7%. India's GDP stood at 6.1% for January - March 201

GDP grew at 5.7% in first quarter

GDP grew at 5.7% in first quarter

Thu, Aug 31, 2017

In Q4FY17, India's GDP numbers missed estimates and dropped to 6.1%. While Real GDP at constant (2011-12) prices for FY17 is estimated at Rs 121.90 lakh crore showing a growth rate of 7.1% over the year 2015-16 of Rs 113.81 lakh crore, as per CSO.

India seen posting stronger economic growth as shock from cash clampdown fades

India seen posting stronger economic growth as shock from cash clampdown fades

Thu, Aug 31, 2017

Gross domestic product (GDP) is expected to have expanded 6.6 percent in the April-June quarter from a year earlier, according to economists polled by Reuters.

India's GDP to reach nearly 8% in four years: Moody's poll

India's GDP to reach nearly 8% in four years: Moody's poll

Mon, Jul 31, 2017

"Given economic and institutional reforms in India, and further changes that could follow, India will likely grow faster than similarly rated peers over the next 12-18 months, despite a short-term drag caused by demonetisation," said Marie Diron, a Moody's Associate Managing Director.

India's economy set to reclaim top spot for growth this year: Poll

India's economy set to reclaim top spot for growth this year: Poll

Wed, Jul 19, 2017

India will reclaim its position as the fastest growing major global economy this year, partly propelled by benefits from a new tax system and bolstered by an expected central bank interest rate cut, a Reuters poll showed.

IIP and CPI data: What to expect?

IIP and CPI data: What to expect?

Wed, Jul 12, 2017

Ministry of Statistics & Programme Implementation (MoSPI) is set to announce India's monthly macro-economic data on July 12, 2017. The Ministry will be releasing retail inflation or Consumer Price Index (CPI) and factory output or Index of Industrial Production (IIP) data.

India likely to clock GDP growth of 6.9% this fiscal, BMI Research says

India likely to clock GDP growth of 6.9% this fiscal, BMI Research says

Thu, Jul 06, 2017

Indian economy is expected to recover in the coming quarters and the country is expected to clock a real GDP growth of 6.9 % in this financial year, says a report.

GST: The transition issues and what it means for India

GST: The transition issues and what it means for India

Fri, Jun 30, 2017

However, GST, as accepted by the Government, is going to see some hiccups in the beginning as is the case with any disruption. Past few weeks has seen companies destocking their products at a rate faster than expected. Industry experts believe that normalisation may return to the Indian economy only by the third quarter (Q3FY18) of the current fiscal, i.e. September to December 2017 period.

NITI Aayog proposes break-up of Coal India into seven firms

NITI Aayog proposes break-up of Coal India into seven firms

Wed, Jun 28, 2017

India should split the seven units of state-controlled Coal India Ltd into independent companies to make it more competitive, the government`s policy think-tank said on Tuesday in a draft of a new energy policy.

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