Indian economy to grow 7.7% in 2016-17: ICRA
The agency, in its Macroeconomic Update, however, said that although the fresh project pipeline appears robust, commencement of work will lag announcements, given moderate capacity utilisation in some sectors.
Mar 21, 2016, 18:47 PM IST
India's manufacturing activity portends low growth in March: SBI
The yearly SBI Composite Index for March has declined below 50 and is at 49.5, compared with last month index of 51.3. However, the monthly Index jumped to 54.5 in March 2016, from 49.1 in February 2016.
Mar 21, 2016, 17:52 PM IST
Bulk drug exports to grow 12-14% till 2018-19: Assocham
India's bulk drug exports are likely to grow at an average rate of 12-14 percent till 2018-19 on the back of increasing shipments to countries including the US and Europe, an Assocham study said on Monday.
Mar 21, 2016, 16:03 PM IST
Air passenger traffic jumps 24% in Feb
Marking a growth of over 24 percent in passengers number, domestic airlines flew 74.76 lakh people in February with majority of the carriers recording over 80 percent seat occupancy.
Mar 18, 2016, 16:31 PM IST
India's growth recovery uneven; downside risks persists: Nomura
The government recently lowered its economic growth forecast for 2015-16 to 7-7.5 percent from 8.1-8.5 percent.
Mar 17, 2016, 19:28 PM IST
Tough to achieve double-digit growth given global headwinds: FM Jaitley
Asserting that its "extremely difficult to achieve double-digit growth in the current global environment, Finance Minister Arun Jaitley on Thursday said there is a scope for improvement from the current rate if reforms are carried on.
Mar 17, 2016, 16:00 PM IST
PM Narendra Modi's new growth recipe - Just add water
Modi`s budget has allocated a record $18 billion in the federal budget to expand irrigation and recharge aquifers - two thirds of that could come from overseas loans.
Mar 16, 2016, 17:07 PM IST
Morgan Stanley revises India growth estimate for 2016 to 7.5%
Morgan Stanley Monday revised its growth forecast for India for 2016 to 7.5 percent from 7.9 percent previously and noted that the country's economy is expected to see tepid recovery largely owing to external factors.
Mar 14, 2016, 17:02 PM IST
Budget 2016: Arun Jaitley sticks to fiscal roadmap, FY17 deficit at 3.5%
Amid debate over balancing growth and financial management, Finance Minister Arun Jaitley Monday adhered to the fiscal consolidation roadmap by proposing to keep the deficit at 3.5 percent of GDP in 2016-17.
Feb 29, 2016, 14:33 PM IST
Govt to take balanced view on fiscal deficit target: CEA
Government is open to the idea of going in for higher fiscal deficit to propel growth in the upcoming Budget and will take a balanced view after considering various factors, Chief Economic Adviser Arvind Subramanian said.
Feb 27, 2016, 15:07 PM IST
Economy growing at over 7% despite export ordeal: Nirmala
The country's economy is growing at over 7 percent despite the weakness in exports sector, Commerce and Industries?Minister Nirmala Sitharaman said Tuesday.
Feb 16, 2016, 21:19 PM IST
India's growth well below trend: Deutsche Bank
India continues to report over 7 percent GDP growth, but its momentum has weakened and the country's growth is well "below trend", says a Deutsche Bank report.
Feb 10, 2016, 18:04 PM IST
India's GDP for December quarter grows at 7.3%
The government, however, expressed confidence and forecast the annual economic growth to accelerate to 7.6 percent in the fiscal year ending March 2016.
Feb 08, 2016, 18:00 PM IST
India enjoying robust economic growth: IMF chief Christine Lagarde
India and Mexico are enjoying robust growth even as emerging economies as a whole are facing the harsh reality of slow growth and reversal of capital flows, IMF chief Christine Lagarde said Thursday.
Feb 04, 2016, 23:51 PM IST
China sets 2016 growth target at 6.5-7%
China has set its growth target for this year at between 6.5 and 7 percent, the country's top economic planner said Wednesday, an acknowledgement that expansion will continue to weaken.
Feb 03, 2016, 20:04 PM IST
Core sector growth slows down to 0.9% in December
Growth of eight core sectors slowed down to 0.9 percent in December 2015 from 3.2 percent in the same month of previous year as production of crude oil, natural gas and steel sectors declined.
Feb 01, 2016, 17:54 PM IST
Indian economy less vulnerable to external shocks: S&P
Indian economy is less vulnerable to external shocks as it is mainly driven by household consumption and government spending, and not dependent on hot money which can move out quickly, Standard & Poor's Rating Services said Tuesday.
Jan 26, 2016, 19:16 PM IST
Manufacturing activity falls to one year low in January: SBI
The yearly SBI Composite Index fell below the 50 mark to 47.3 in January -- its lowest level in the past one year, indicating "moderation in economic activity going forward".
Jan 26, 2016, 17:56 PM IST
China expected to report slower but still strong growth
As international markets watch anxiously, China is due to release a flood of data Tuesday that are likely to show economic growth slowed in the latest quarter but still is among the world's strongest.
Jan 18, 2016, 23:13 PM IST
Industrial recovery to be gradual, 2016 GDP growth at 7.8%: Nomura
Sharp contraction in factory output is just an "aberration" and underlying industrial growth is still positive, Nomura has said in a research note, adding that the country is expected to clock a GDP growth of 7.8 percent in 2016.
Jan 17, 2016, 12:12 PM IST