Economy | The Asian Age

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ICICI Bank chief Chanda Kochhar. (Photo: File)

India's economy turning around, GDP to clock 7 pc in H2: Kochhar

ICICI Bank chief said the full fiscal GDP growth for 2017-18 should also be in excess of 6.5 per cent.

22 Jan 2018 1:08 PM

The economy now has a clear runway for growth.

India's fiscal deficit may widen to 3.5 pc in FY19: report

Indian economy is expected to remain on a recovery path, and is likely to improve to 7.5 per cent in 2018-19.

22 Jan 2018 10:57 AM

As per government data released on Monday, inflation on food articles slowed to 4.72 per cent in December, from 6.06 per cent in November 2017.

WPI inflation eases to 3.58 per cent in December as veggies price decline

Inflation for October has been revised upwards to 3.68 per cent from the provisional estimate of 3.59 per cent.

15 Jan 2018 12:46 PM

Manufacturing sector, which constitutes 77.63 per cent of the IIP, recorded an impressive growth of 10.2 per cent.

Factory output growth hits 17-month high of 8.4 pc in Nov

IIP growth for Oct 2017 has been revised downwards to 2 pc from provisional estimates of 2.2 released last month.

13 Jan 2018 10:02 AM

Bank said that it is optimistic that the Indian economy will achieve a growth rate of over 7 per cent in fiscal 2019.

DBS: India's economy likely to grow by 6.6 per cent in FY18

Bank sees an improvement in investments at 4.5 per cent in FY18 from 2.4 per cent in FY17.

12 Jan 2018 4:41 PM

Industrial production was probably 4.4 per cent higher in November than a year earlier, after increasing 2.2 per cent in October.

Indian retail inflation likely hit a 17-month high in December

Wholesale price index likely rose marginally to 4.00 per cent in December from November’s 3.93 per cent.

11 Jan 2018 12:56 PM

The research wing disclosed that its estimate is for companies across key sectors, representing 70 per cent of the market capitalisation of NSE-listed companies.

'India Inc's topline growth to hit 5 year high of 9 per cent in Q3'

Consumption-linked sectors excluding telecom had reported a 15 per cent revenue growth in Q2.

10 Jan 2018 2:37 PM

GDP had grown by 7.1 per cent in 2016-17, 8 per cent in 2015-2016 and 7.5 per cent in 2014-15.

GDP growth will fall to four-year low of 6.5 per cent in 2017-18

The predominant narrative would be to attribute this slowdown to the adverse impact of demonetisation and implementation of GST.

06 Jan 2018 1:08 AM

Growth in manufacturing sector too is expected to decelerate to 4.6 per cent this fiscal, down from 7.9 per cent in 2016-17.

GDP growth seen at four-year low of 6.5 per cent in 2017-18: CSO

Gross Domestic Product was 7.1 per cent in 2016-17 and 8 per cent in the preceding year.

05 Jan 2018 6:25 PM

Government has already exhausted 112 per cent of the 2017-18 target by November 2017.

Govt to opt for wider fiscal deficit target of 3.2 pc in FY19: DBS

Opting for a fiscal deficit target of 3.2-3.4 pc will lead to a surge in Govt borrowings to Rs 4.8-5.2 lakh cr.

04 Jan 2018 5:40 PM

Indian equity markets saw strong gains coupled with record-low volatility.

Deutsche Bank sets Dec 2018 Nifty target at 11,500

Return of double digit earnings growth in 2018-19 would be the major driver for the market in 2018.

04 Jan 2018 1:27 PM

Nikkei India Composite PMI Output Index rose from 50.3 in November to 53.0 in December.

India's services sector returns to growth in December: PMI

On prices front, GST continued to exert upward pressure on manufacturers' cost burdens in December.

04 Jan 2018 11:23 AM

A good monsoon is likely to convert into good harvest and consumption led demand leading to improved corporate earnings.

Budget, earnings, monsoon to influence market in 2018

The 30-share key index touched its lifetime high of 34,137.97 on December 27.

03 Jan 2018 3:12 PM

HSBC expects India's growth at around 6.5 per cent in 2017-18, 7.0 per cent in 2018-19 and 7.6 in 2019-20.

GDP growth in India to accelerate over coming year: HSBC

GDP growth in India is expected to accelerate to 7.0 per cent in 2018-19 from 6.5 per cent in this fiscal.

02 Jan 2018 1:37 PM

Goods-producing economy advanced on its recovery path, with operating conditions improving at the strongest pace since December 2012.

December manufacturing PMI sees fastest pace of growth in 5 years

Retail inflation in November breached the central bank’s medium-term target of 4 per cent.

02 Jan 2018 11:25 AM

The All-India CPI-IW for November increased by 1 point and pegged at 288.

Retail inflation for industrial workers up at 3.97 pc in Nov

Food inflation stood at 3.91 per cent in November against 2.26 per cent of the previous month.

01 Jan 2018 4:39 PM

For 2017-18, government aims to bring down the fiscal deficit to 3.2 per cent of GDP.

Fiscal deficit breaches FY18 target at November-end

During the same period of 2016-17, the deficit stood at 85.8 per cent of that year's target.

29 Dec 2017 4:01 PM

India’s ascent is part of a trend that will see Asian economies increasingly dominate the top 10 largest economies over the next 15 years.

India to leapfrog UK and France in 2018, Britain's Cebr predicts

Global economic growth in 2018 looks likely to quicken slightly to 3.6 per cent from 3.5 per cent this year.

26 Dec 2017 11:26 AM

Overall, FPIs have invested Rs 49,836 crore in equities so far in 2017 and another Rs 1.5 lakh crore in debt markets.

FPIs' net outflow from equities at Rs 7,300 cr in Dec so far

Fiscal deficit data overshadowed a strong GDP growth of 6.3 per cent for September quarter.

25 Dec 2017 11:10 AM

Weak base of corporate earnings in sync with the lowering of GDP growth in later part of 2017 would also help the revival in the year ahead.

Economic growth may touch 7 per cent in 2018: report

Inflation may range between 4 to 5.5 per cent towards the second half of the next calendar year.

25 Dec 2017 10:31 AM

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Sunil Gatade