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India Growth News
Economic Survey projects India’s growth at 7% for 2019-20
Thu, Jul 04, 2019
The Government has projected India’s real GDP growth for the year 2019-20 at 7 per cent on the back of anticipated pickup in the growth of investment and consumption.
India's medium-term growth potential highest among emerging markets: Fitch
Thu, Jan 04, 2018
IMF downgrades India's growth, but says a blip in much positive long-term
Wed, Oct 11, 2017
"The downgrade for this year's looks like a blip in a much positive longer-term picture," Maurice Obstfeld, Economic Counsellor and Director of Research Department at IMF.
India's GDP to grow at 7.4%-7.6% in the next two fiscals, Fitch Ratings says
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.
India needs to open markets to grow at 8-10%: Arvind Subramanian
Thu, Jun 08, 2017
Batting for India to have an open economy, Chief Economic Adviser Arvind Subramanian on Thursday said any reversal of the globalisation trend must be prevented in order to have a growth rate of 8-10 per cent.
World Bank maintains 2.7% global growth forecast for 2017
Mon, Jun 05, 2017
Growth in emerging markets such as India, Brasil, Russia, China, Indonesia and Mexico is expected to surpass the long term average by 2018.
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.
Five things that will impact India's GDP data today
Wed, May 31, 2017
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.
India has a strong medium-term growth outlook, Fitch Ratings says
Fri, Apr 07, 2017
Fitch Ratings said that its continues to rate India as BBB- or 'stable' on account of strong medium-term growth outlook and favourable external balances against weak fiscal position and a business environment which is still difficult.
India's manufacturing PMI in February grows but more jobs lost
Wed, Mar 01, 2017
Indeed, the vast majority of survey participants signalled unchanged payroll numbers. Evidence provided by panellists indicated that current staffing levels were sufficient to cope with existing production requirements, Nikkei said.
India to grow by 7.7% in FY17 and 7.6% in FY18: UN report
Wed, Jan 18, 2017
The report's forecast was finalised on November 11, just a few days after the demonitisation policy was announced.
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.
GDP growth revised lower but doesn't factor in demonetisation
Fri, Jan 06, 2017
The growth in GDP during 2016-17 is estimated at 7.1% as compared to the growth rate of 7.6% in 2015-16, Ministry of Statistics & Programme Implementation said.
Arun Jaitley: Banks must work towards supporting India growth story
Fri, Sep 02, 2016
The banking sector should take it as an opportunity for not only its own growth but also make deeper impact on India’s growth story, said Jaitley
‘Work In Progress': India to grow at 7.6% this year, RBI says
Tue, Aug 30, 2016
RBI, in its annual report, said, "Expectations of a good monsoon (which has already started to show some positive signs) coupled with more money in the hands of government servants (as a result of the implementation of the 7th Pay Commission recommendations) should boost consumer demand."