Business growth in Eurozone rises to highest rate this year
Eurozone business activity expanded the most in nearly a year in November on strong manufacturing and buoyant services growth in Germany, stirring some optimism that economic momentum is picking up again.
Nov 23, 2016, 17:26 PM IST
India's September exports growth gives hope, says Nirmala Sitharaman
Indian exports grew at 4.62 percent in September to revive hope among the country`s exporters struggling against depressed global demand, Commerce Minister Nirmala Sitharaman said on Monday.
Nov 14, 2016, 19:40 PM IST
GST will come on time, but multiple rates will dilute benefits: Analysis
India moved a step closer to creating a national sales tax but a deal on rates reached on Thursday will hit some businesses harder than others, while its complexity will dilute any boost to growth and undermine its reliability as a revenue generator.
Nov 04, 2016, 16:51 PM IST
Analysis of statistics of September core sector growth
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Oct 31, 2016, 23:47 PM IST
Core sector output up 5% in September; steel, petroleum products shine
On the back of a healthy performance by cement, steel and refinery products, India's core sector output for the month of September grew by 5 percent against the 3.7 percent in the same month last year, the highest in three months.
Oct 31, 2016, 17:56 PM IST
GST most important reform of Modi govt, lends more weight to 8% growth projection: S&P
Calling GST as the most important structural reform till date by the Modi government, S&P Global Ratings Tuesday said the passage of the indirect tax law gives it additional conviction of India clocking 8 percent growth in the next few years.
Oct 11, 2016, 17:37 PM IST
IIP remains in negative zone, shrinks 0.7 percent in August
The factory output, as measured by the index of industrial production (IIP), had slipped to an 8-month low of (-)2.5 percent (revised) in July on account of declining output in manufacturing and capital goods sectors.
Oct 10, 2016, 21:14 PM IST
India's industrial growth shrinks for second straight month in August, down 0.7%
On the back of poor production in mining and manufacturing sectors, India's industrial production contracted for the second consecutive month in August, shrinking by 0.7 percent.
Oct 10, 2016, 17:35 PM IST
7th Pay implementation, GST to benefit India's consumption growth: Crisil
Ratings firm Crisil on Monday predicted a strong boost to India`s domestic consumption in 2016-17 led by implementation of 7th pay panel`s recommendations, with reforms like the Goods and Services Tax (GST) to benefit the uptick.
Oct 03, 2016, 20:48 PM IST
Indian economy to grow at slower pace, 8% growth not before 2018-19: Fitch
Fitch also said that RBI, led by its new Governor Urjit Patel, is expected to cut its policy rate by 25 basis points to 6.25 percent before the end of 2016, followed by one more rate cut in 2017.
Oct 03, 2016, 18:12 PM IST
China, India remain on path of 'remarkable growth', says Obama
US President Barack Obama on Tuesday said the international order has been so successful that China and India remain on a path of "remarkable growth".
Sep 21, 2016, 00:43 AM IST
India to clock 8% growth over next few years: S&P
Backed by broadening of domestic consumption base, S&P Global Ratings Monday projected India to clock a "steroid-free" growth of 8 percent over the next few years.
Sep 19, 2016, 20:56 PM IST
Donald Trump eyes 4% growth, 25 million new jobs in 10 years
Republican presidential hopeful Donald Trump laid out an aggressive economic vision Thursday, setting an ambitious goal of four percent growth and knocking rival Hillary Clinton for offering Americans nothing but a "welfare check."
Sep 16, 2016, 01:13 AM IST
China industrial output up 6.3% on-year in August: Govt
China's industrial output growth accelerated in August, government statistics showed Tuesday (Sep 13) , exceeding expectations in an encouraging sign for the world's second-largest economy.
Sep 13, 2016, 08:06 AM IST
Eurozone August business growth slowest since start of 2015
Eurozone business growth in August was at its weakest since the start of last year, suggesting the bloc`s struggling economy is losing what little momentum it had, a private sector survey showed on Monday.
Sep 05, 2016, 16:37 PM IST
IMF's Christine Lagarde warns G20 to avoid 'low-growth trap'
The head of the International Monetary Fund on Thursday called on global leaders to take "forceful" action to revive the world economy, sounding a stark warning ahead of this weekend`s G20 summit.
Sep 01, 2016, 22:51 PM IST
India's Q1 GDP growth slows to 6-quarter low of 7.1%; July infra dips to 3.2%
GDP growth slowed mainly due to subdued performance of mining, construction and farm sectors. The economy had expanded at 7.5 percent in the April-June quarter of last financial year, 2015-16.
Aug 31, 2016, 21:15 PM IST
India's Q1 GDP growth slows to 7.1%, lowest in 6 quarters
Indian economy grew at the slowest pace in last six quarters at 7.1 percent in the April-June period of current fiscal mainly on subdued performance of mining, construction and farm sectors.
Aug 31, 2016, 17:43 PM IST
Indian economy to grow at 7.8% in 2016-17: Survey
India's economy is likely to expand 7.8 percent during the current financial year on the back of good monsoons, said economists polled by Ficci.
Aug 30, 2016, 19:37 PM IST
India to grow at 7.6% in FY'17, GST to boost trade, investment: RBI
The RBI said GST implementation will boost trade, investment and growth by reducing supply chain rigidities, encouraging scale economies, cutting down transportation and transaction costs, as also promoting efficiency gains.
Aug 29, 2016, 21:39 PM IST