Economy | The Asian Age

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The gains of the stock market over the last several months have been erased in three days. As a Gujarati who has been investing in this country and its growth for the last 20 years, I can personally see and feel the damage as do other investors. (Representational image)

Not much to cheer in BJP’s time in power

The economy has not grown faster in the last five years than it did during the ten years before this government took power.

07 Oct 2018 1:51 AM

The service sector continued to expand during September, but at a marginal rate amid reports of underwhelming market demand.

India's services sector expands at slower pace in September

Nikkei India Services Business Activity Index touched 50.9 in September, down from 51.5 recorded in August.

04 Oct 2018 12:16 PM

The Nikkei India Manufacturing Purchasing Managers' Index strengthened slightly in September to 52.2, up from 51.7 in August.

Manufacturing sector activity rises in Sep on new orders: PMI

Manufacturing firms boosted their workforce amid gains in new work orders.

01 Oct 2018 11:27 AM

The consequences of all this will be unpleasant and will require very deft economic management.

Surging prices and effect on the economy

Put India above elections, don’t reduce taxes on petrol and diesel, allow prices to be market determined.

30 Sep 2018 5:43 AM

Online work platforms took off after Uber’s founding in 2009. (Photo: AP)

Why the ‘gig’ economy may not be the workforce of the future

Over the past two years, pay for gig workers has dropped, and they are earning a growing share of their income elsewhere.

26 Sep 2018 8:18 AM

Indian economy grew 8.2 per cent in April-June quarter. (Photo: AP)

Fitch raises India's 2018-19 growth forecast to 7.8 per cent: statement

Economic outlook is subject to several headwinds including tightening of financial conditions.

22 Sep 2018 10:47 AM

India having the highest debt-to-revenue ratio of 327.1 per cent amongst the median of the 'BBB' countries in 2017 at 165.4 per cent.

States set to miss 20 per cent debt-to-GDP ratio target by FY23: report

States' aggregate debt-to-GDP ratio for FY19 has been budgeted at 24.3 per cent and according to their FY19 budgets.

18 Sep 2018 2:57 PM

Confident of strictly maintaining fiscal deficit at 3.3 per cent: Jaitley

Finance Minister also expressed the government's confidence in maintaining a growth rate higher.

17 Sep 2018 10:58 AM

Prime minister Narendra Modi. (Photo: ANI/Twitter)

PM Modi calls high-level emergency meet on Saturday to review economy

Free-fall of rupee and relentless hike in oil prices top agenda of Saturday meeting with Finance Minister and RBI Governer.

13 Sep 2018 9:39 AM

India undergoing transformation at unprecedented pace: Venkaiah Naidu

Good governance are essential elements of imparting a new energy to the country and the economy.

10 Sep 2018 10:48 AM

The GST replaced several federal and local taxes and tore down tariff barriers between India’s 29 states.

GST effect: Hundreds of thousands laid off despite growth

Complexities of GST have driven many small enterprises out of business and forced hundreds of thousands out of jobs.

06 Sep 2018 9:30 AM

Nikkei India Composite PMI Output Index fell to 51.9 in August from July's 21-month high of 54.1.

India's Aug services sector activity falls from 21-month peak: PMI

Input cost inflation in the service sector accelerated to the sharpest since November 2017, fuelled by higher oil-related prices.

05 Sep 2018 11:21 AM

The PMI data suggested domestic demand conditions improved at a slower pace than the preceding month.

Mfg sector activity eases in Aug on softer output expansion

The Indian economy grew at a two-year high of 8.2 per cent in the April-June quarter of current fiscal.

03 Sep 2018 11:26 AM

India’s $2.6 trillion economy surpassed France’s in 2017 to become the world’s sixth largest, and it was not far behind the United Kingdom, according to World Bank data.

GDP growth surges over 8 per cent, boost for Modi before election

Economic affairs secretary, told reporters the govt will stick to the fiscal deficit target of 3.3 pc of GDP this fiscal year.

01 Sep 2018 10:55 AM

Economic affairs secretary S.C. Garg said that robust performance in Q1 “gives hope” that growth could exceed even estimates of 7.5% for the year as whole. (Representational Image)

Growth in economy hits near 2-year high

Low base in FY18 helps post 8.1% Q1 growth, says expert.

01 Sep 2018 12:12 AM

In the April-June 2017 quarter, India reported relatively weak annual growth of 5.6 per cent, as manufacturing activity contracted. (Photo: AP)

Economy seen growing at steady 7.6 per cent pace in April-June: report

Retail inflation rate slowed in July to a four-month low of 4.17 pc, slightly above the central bank’s 4 per cent medium-term target.

29 Aug 2018 10:44 AM

The trade deficit jumped to USD 18 billion in July 2018 on account of lukewarm export performance amidst higher import bill.

Current account deficit to hit 2.8 per cent of GDP in FY19: SBI report

The merchandise trade imbalance is also expected to rise to USD 188 billion in FY19.

27 Aug 2018 3:11 PM

Series of reforms transformed economy: Arun Jaitley

Macroeconomic outlook broadly favorable and growth forecast rising to 7.3 per cent in FY 2018-19.

27 Aug 2018 9:28 AM

Assocham said that being a net importing country, India cannot afford to lose value of its currency much even if other emerging markets lose in a similar way.

Assocham warns about Rs beyond 71

Meanwhile, consumer durables makers may go for a price hike before the festive season sales to partially pass on the higher import bills.

17 Aug 2018 12:39 AM

Goods and Services Tax (GST) rollout, growth slowed to 6.7 per cent in fiscal year 2017-18.

IMF forecasts India's GDP to grow at 7.5 per cent in 2019-20

Current account deficit is projected to widen further to 2.6 pc of GDP on rising oil prices and strong demand for imports.

09 Aug 2018 9:29 AM

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Dilip Cherian