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.
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.
Thu, Jun 08, 2023
Prime Minister Modi-led NDA government has completed nine years in office! When PM Modi took oath for the first time, his moto was Sabka Sath, Sabka Vikas, and with this the BJP government embarked upon their journey in 2014 to create an India that is self-sufficient in all aspects. 9 years have passed by, and it is now time to look back at the progress that the country has made in various sectors.
Tue, Jun 27, 2017
Remarks by President Trump and Prime Minister Modi of India in Joint Press Statement
Tue, Jun 20, 2017
Gross Domestic Product (GDP) or India's economic growth is expected to rise by 7.4% and 7.6% in the next two fiscal years, Fitch Ratings said on Tuesday in its Global Economic Outlook report.
Thu, Jun 15, 2017
RBI said India's CAD stood at $3.4 billion which was 0.6% of GDP in Q4FY17 higher from $0.3 billion in similar period of previous year.
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.
Thu, Jun 08, 2017
Industry chamber Assocham said the Reserve Bank (RBI) has "disappointed India Inc" by not reducing the policy interest rates, specially when inflation remains quite benign.
The World Investment Report released by the UN agency in Geneva on Wednesday said that FDI rose by a paltry one % in 2016 to $44.486 billion from the $44.064 billion in 2015.
Wed, Jun 07, 2017
Any reduction in SLR gives more room to bankers for trimming interest rates. This would mean, if you are borrower your EMIs may come down further.
Keeping the repo rate and reverse repo rate unchanged, the RBI revised its headline inflation downward to be in the range of 2-3.5% from the earlier 4.5% in the first half of the fiscal. The policy revised GVA estimates 10 basis points lower to 7.3%.
For the second half of the fiscal, the Reserve Bank of India sees inflation in the range of 2-3.5%.
Thu, Jun 01, 2017
Factory orders rise again, but at slower rate
Fifth consecutive expansion in production
Growth of input buying accelerates
Sensex, Nifty drop on weak GDP numbers; Infosys down 2%. Watch the full segment for more details.
Core sector growth remained 2.5%, lowest in April month. Watch complete news story of News @ 7:00 PM for getting the detailed news updates!
Demonetisation dips Q-4 GDP growth rate to 6.1%, 7.1% expected for FY 17. Watch complete news story of News @ 7:00 PM for getting the detailed news updates!
NITI Ayog vice chairman Arvind Panagariya speaks on GDP statistics Watch complete news story of News @ 7:00 PM for getting the detailed news updates!
The rupee gained another 8 paise to 64.43 against the US dollar on Thursday on account of increase in selling of the dollar by exporters and banks.
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."
Annual economic growth at 6.1 percent in the January-March period was even lower than the lowest analyst estimate of 6.5 percent in a Reuters poll. Overall, the median forecast of 36 analysts was for a year-on-year growth of 7.1 percent.
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.
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
Ministry of Statistics & Programme Implementation is set to unveil India's GDP (Gross Domestic Product) growth data for the fourth quarter ended on March 31 as well as for full financial year (FY17), today.
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