GDP to grow at 7.4% in FY16 with downside risks: DBS
India is expected to clock 7.4 percent growth rate this fiscal with a downside risk amid weak exports, slow pace of structural reforms and investment spending, says a DBS report.
Oct 25, 2015, 19:09 PM IST
India offers relative value in 'slow-growth' world: BofA-ML
India is growing faster than most emerging market peers and the country is expected to clock a GDP growth of 7.4 percent this fiscal, a Bank of America Merill Lynch report says.
Oct 23, 2015, 17:42 PM IST
GDP to exceed 7.5%, taxes to fall short of target by Rs 50,000 cr: Govt
Government Monday said revenue collection will fall short by Rs 50,000 crore but expressed confidence that economic growth will exceed 7.5 percent, with fiscal deficit remaining within the budgeted target.
Oct 05, 2015, 17:25 PM IST
Centre, states must create favourable ecosystem for manufacturing: Report
The Centre and states need to create an appropriate ecosystem and provide sops to businesses in order to develop a robust manufacturing base in the country, says a survey.
Oct 02, 2015, 20:59 PM IST
India's growth faces more domestic than global obstacles: Crisil
Reforms aimed at enhancing financial sector access to the unserved and under-served, improving transparency in government decision-making and making it easier to do business will play an important role in pushing growth up over the next two to three years, according to the report.
Oct 01, 2015, 22:53 PM IST
WTO lowers global trade growth forecast to 2.8% for 2015
Multilateral body WTO Wednesday lowered its trade growth forecast to 2.8 percent from 3 percent for this year due to falling import demand and lower commodity prices in the global market.
Sep 30, 2015, 17:20 PM IST
RBI feels growth trends require more aggressive stimulus: Moody's
Describing the Reserve Bank of India`s 50 basis points cut in its short term lending rate as more than what markets expected, international credit ratings agency Moody`s on Tuesday said the move indicates the RBI wanted to give an "aggressive stimulus" to subdued growth trends.
Sep 29, 2015, 18:30 PM IST
Govt will continue with reforms, GDP to top 7.5% in FY16: Das
The government will not wait for the Budget and will continue with reforms measures to make India an attractive investment destination, Economic Affairs Secretary Shaktikanta Das said while expressing optimism that the growth in the current fiscal will exceed 7.5 percent.
Sep 23, 2015, 20:39 PM IST
Eurozone growth slows in September
Growth in the eurozone economy slowed in September but despite the monthly dip, it still expanded at the fastest quarterly rate in four years, a key business survey showed Wednesday.
Sep 23, 2015, 15:10 PM IST
OECD cuts world growth outlook, warns on emerging markets
The OECD cut its world economic growth forecasts for 2015 and 2016 Wednesday, warning of a dramatic slowdown in Brazil and a global outlook clouded by uncertainty over China.
Sep 16, 2015, 16:37 PM IST
Goldman Sachs pegs India growth at 8% on TEE's boost
India is likely to become the fastest-growing emerging market this year and its potential growth could rise to 8 percent over the next five years driven by Technology, gains in Education and Ease of doing business due to less red tape, Goldman Sachs said today.
Sep 14, 2015, 19:00 PM IST
Manufacturing emerging as leader of industrial growth: FinMin
With July factory output data showing significant uptick year-on-year, the Finance Ministry Friday said the manufacturing sector is slowly emerging as a leader of the industrial growth and the economy is improving steadily.
Sep 11, 2015, 22:53 PM IST
Eurozone growth not strong enough to create jobs: ECB
Growth is picking up in the 19-country eurozone, but not enough to create jobs in the region, a member of the European Central Bank`s executive board said in an interview published Friday.
Sep 11, 2015, 22:30 PM IST
China announces multiple fiscal policies to boost growth
China Wednesday announced proactive fiscal policies aimed at stabilising growth in the world's second largest economy as it grappled with industrial overcapacity, sluggish demand, struggling exports and a volatile stock market.
Sep 09, 2015, 18:35 PM IST
China to step up fiscal incentives to boost growth
China will adopt "stronger" fiscal policies to support growth, Beijing said as it seeks to sooth increasing fears about the world`s second-largest economy following turmoil in domestic and overseas markets.
Sep 09, 2015, 16:39 PM IST
Knee-jerk reaction not answer to emerging challenges: FinMin
The Finance Ministry Tuesday said "knee-jerk" reaction is not the answer to the current challenges being faced by India and assured that measures initiated by the government will boost growth.
Sep 08, 2015, 23:38 PM IST
Eurozone growth revised up to 0.4% in second quarter
The 19-nation eurozone grew by 0.4 percent in the second quarter, official data showed on Tuesday, revising upward a first estimate that triggered worry the crisis in Greece had destabilised growth in Europe.
Sep 08, 2015, 17:11 PM IST
Economic crisis: Is the future bleak?
As economic crisis in the developed economies continues, the best that is on offer is a slow recovery; the high growth rates of 1992-2007 are not likely to return anytime soon, says a new book.
Sep 06, 2015, 18:26 PM IST
ECB flags beefed up QE as growth, inflation outlook fades
The European Central Bank cut its growth and inflation forecasts on Thursday, warning of possible further trouble from China and paving the way for an expansion of its already massive 1 trillion-euro plus asset-buying programme.
Sep 03, 2015, 21:29 PM IST
ECB cuts growth, inflation forecasts for 2015-2017
The European Central Bank on Thursday cut its forecasts for both economic growth and inflation in the single currency area over the next few years.
Sep 03, 2015, 21:06 PM IST