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Thursday, Apr 25, 2024 | Last Update : 05:31 AM IST

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In FY19 (2018-19), the gross investment rate, estimated at 31.3 per cent, was able to deliver a real growth rate of 6.8 per cent.

India needs to grow at 9 pc to achieve PM's target of USD 5 trillion economy: EY

The size of the economy will grow to USD 3 trillion from USD 2.7 trillion in the previous year.

05 Aug 2019 9:33 AM

Several other industry groups in India, such as steel, engineering and auto makers have opposed New Delhi’s participation in the pact.

RSS' economic wing says India unlikely to accept China-led trade deal

Trade ministry said it remains engaged in talks over the pact, seeking to strike a balance between tariff cuts and domestic sensitivities.

03 Aug 2019 12:06 PM

Reducing interest rates would please Finance Minister Nirmala Sitharaman, who delivered her first budget last month after being promoted by Prime Minister Narendra Modi following his re-election in May. (Photo: File)

India seen set for fourth interest rate cut of 2019

Almost 80 per cent of 66 economists surveyed by Reuters expected the RBI to cut its benchmark repo rate by 25 bps.

02 Aug 2019 4:19 PM

The next Monetary Policy Committee meeting of the Reserve Bank of India (RBI) will begin on August 5.

India manufacturing sector growth inches up in July on new orders: PMI

This is the 24rd consecutive month that the manufacturing PMI has remained above the 50-point mark.

01 Aug 2019 11:44 AM

Reserve Bank has cut its key rates thrice by a cumulative 0.75 per cent to a nine-year low of 5.75 per cent.

Nomura: June GDP to print in at 5.7 pc on demand slump, NBFC mess

Economy lost the verve and slipped to five-year low of 5.8 per cent in the March quarter.

30 Jul 2019 2:48 PM

India will achieve 8 pc plus growth from FY 2020-2021 onwards: Rajiv Kumar

Kumar emphasised that a very large number of jobs have been generated in the country in the last five years.

22 Jul 2019 10:09 AM

Former president Pranab Mukherjee said that the foundations of modern India were laid by its founders who firmly believed in a planned economy, as opposed to today, when the Planning Commission has been disbanded. (Photo: File)

It’s not coming out of heaven: Pranab Mukherjee on USD 5 trillion economy

He was speaking at an event at the Mavalankar Hall, Constitution Club of India in the national capital on Thursday.

19 Jul 2019 8:58 AM

Mahajan, the co-convenor of Swadeshi Jagran Manch (SJM). (Photo: DC/G N Jha)

RSS' economic wing says India should not issue foreign currency bonds

Swadeshi Jagran Manch will campaign against the plan by convening meetings of influential economists.

17 Jul 2019 9:52 AM

Photo: Poonam Muttreja, Executive Director, Population Foundation of India

Population Regulation Bill, 2019: Misreading of India’s demographic trajectory.

The bill suggests that government employees should give an undertaking that they will not procreate more than two children.

16 Jul 2019 11:08 AM

The GDP figures are within the government's target range of 6.0-6.5 per cent for the whole year.

China GDP growth slows to 6.2 per cent in second quarter

The slowing economy makes it more difficult for President Xi Jinping to fight back forcefully against the US.

15 Jul 2019 9:21 AM

The latest bailout package is worth $6 billion, of which $1 billion is to be disbursed immediately and the rest in the next three years. (Photo: AP)

Pakistan's economy at ‘critical juncture’, needs bold reforms: IMF

Pakistan currently has a currency reserve of less than $8 billion -- enough to cover only 1.7 months of imports.

09 Jul 2019 6:56 PM

Among cash crops, sugarcane was sown in about 50 lakh hectare so far close to 51.41 lakh hectare covered in the year-ago period. (Representational image)

Kharif sowing hit by deficit rains; acreage down 27 pc so far

Rice, the main kharif crop, was sown in 52.47 lakh hectare till last week, down from 68.60 lakh hectare in the year-ago period.

07 Jul 2019 12:18 PM

Former finance minister Arun Jaitley. (Photo: Twitter | @ANI)

Budget lays down roadmap for India to get back on high growth track: Jaitley

India's economic growth slowed to a five-year low of 5.8 per cent in the January-March quarter.

06 Jul 2019 12:29 PM

Government announced a lower fiscal deficit target for fiscal 2020, while maintaining its support for growth and incomes.

Budget 2019 puts onus on RBI to spur growth

In the fourth quarter of the fiscal year to last March 31, economic growth slumped to 5.8 per cent, the slowest pace in 20 quarters.

06 Jul 2019 12:24 PM

Sitharaman in her maiden budget speech noted that a harmonised and hassle-free investment environment needs to be provided to foreign portfolio investors and KYC norms for them would be rationalised and simplified to be made more investment-friendly, without compromising on the integrity of cross-border capital flows. (Representational Image)

Budget 2019: KYC norms relaxation, other proposals for FPIs to boost economy: Experts

Finance Minister Nirmala Sitharaman in the Budget for 2019-20 proposed easing KYC norms for foreign portfolio investors.

05 Jul 2019 7:32 PM

While presenting interim Budget 2019-20 in February, the government had pegged fiscal deficit target at 3.4 per cent.

Budget 2019: Govt lower fiscal deficit target to 3.3 per cent for FY20

The fiscal deficit this year is 3.3 per cent brought down from 3.4 per cent.

05 Jul 2019 2:12 PM

India on upward growth trajectory, says Arun Jaitley

Economic Survey projected India's growth to rise to 7 pc in the current fiscal, from five-year low of 6.8 pc in 2018-19.

05 Jul 2019 9:14 AM

General government fiscal deficit seen at 5.8 pc in 2018-19, against 6.4 per cent last fiscal.

Economic Survey 2018-19 highlights

India continues to remain the fastest-growing major economy in the world in 2018-19.

04 Jul 2019 1:30 PM

Economic Survey: GDP growth projected at 7 per cent for 2019-20

The growth projection is higher than a five-year low economic growth of 6.8 per cent for the year ended March 31.

04 Jul 2019 11:47 AM

Economy is facing headwinds in manufacturing and agriculture sectors that saw growth rate slowing down to 5-year low of 5.8 per cent in the January-March quarter. (Photo: ANI)

Economic Survey to chart out reform road map of Modi 2.0 govt

Govt might this year again slip on fiscal deficit front given sluggish GST collections and lower-than-expected growth in direct taxes.

04 Jul 2019 9:31 AM

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Dilip Cherian