Economy | The Asian Age

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Commerce and Industry Minister Suresh Prabhu.

Committed to raising India's share in global trade: Prabhu

Prabhu said that both imports and exports contribute significantly to improving the country's GDP.

22 Dec 2017 2:56 PM

A comparison with other countries in the G20 grouping suggests 'India lags on key indicators of AI development'

AI could help add USD 957 billion to Indian economy: Accenture

Technological area will add 1.3 pc to economy per annum, which will lift up tnational income by 15 pc by 2035.

21 Dec 2017 5:10 PM

Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM) Bibek Debroy.

India likely to be USD 6.5-7 trillion economy by 2030: Debroy

Per capita income in India by 2030 will however be just USD 4,000, still less than many other countries.

21 Dec 2017 1:40 PM

Shares offered a muted reaction, with the broader NSE Nifty largely flat at 10,443.05 as of 0655 GMT, while the benchmark BSE Sensex was 0.06 per cent lower at 33,757.50. (Photo: AFP)

Indian bonds hit near 1-1/2-year low on RBI officials' inflation warning

India has held the policy repo rate at 6 per cent since last cutting it by 25 bps in August.

21 Dec 2017 1:15 PM

Hard to ‘pinpoint’ impact of demonetisation, says FinMin

The government was asked whether the economy was stagnant due to demonetisation, which was announced in November last year.

20 Dec 2017 1:21 AM

Law and IT Minister Ravi Shankar Prasad. (Photo: PTI)

Govt exploring opportunities to make India USD 1 trillion economy

Govt will explore new opportunities in various sectors like providing BPO service from home, digital healthcare to achieve target.

15 Dec 2017 10:30 AM

Efficient energy availability backbone of economy: Ram Nath Kovind

Almost a third of India s power consumption occurs in commercial and residential buildings.

14 Dec 2017 4:18 PM

Moody's has upgraded India's sovereign rating by one notch to Baa2 and changed its outlook to stable from positive in November.

India's growth to recover to 7 per cent in next few quarters: report

Economic growth has bottomed out after slowing to a 13-quarter low of 5.7 per cent in April-June.

14 Dec 2017 3:19 PM

Fed raises interest rates, keeps 2018 policy outlook unchanged

US central bank to raise rates by a quarter of a percentage point to a range of 1.25 per cent to 1.50 per cent.

14 Dec 2017 11:07 AM

India, the largest economy South Asia, rebounded to 6.3 per cent growth in the second quarter ended in September for this fiscal from 5.7 per cent in first quarter.

ADB lowers India's GDP forecast for FY-18 to 6.7 per cent

GDP outlook for next fiscal beginning from March 2018 to 7.3 per cent from 7.4 per cent.

13 Dec 2017 9:39 AM

On overall basis, the inflation in the food segment increased to 4.42 per cent in November as compared to 1.9 per cent in the preceding month. (Photo: PTI)

Inflation accelerates to 15-month high of 4.88 pc in Nov

Inflation, based on Consumer Price Index (CPI), was at 3.58 per cent in October.

12 Dec 2017 6:19 PM

India's industrial output grows in October.

India's industrial output grows 2.2 per cent in October

Economists polled by Reuters had forecast 3.0 per cent growth in output compared with an upwardly revised 4.1 per cent.

12 Dec 2017 6:12 PM

Finance Minister Arun Jaitley. (Photo: PTI)

Q2 growth marks reversal of declining trend: Jaitley

Indian economy bounced back from a 3 year low to expand by 6.3 pc in July-Sept compared to 5.7 pc in April-June.

12 Dec 2017 9:51 AM

Nomura expects the growth in the first half of 2018 to be at 7.8 per cent, higher than the 7.1 per cent of the second half of 2017.

India's economy expected to grow at 7.5 pc in 2018: Nomura

GDP growth bottomed-out in Q2 of 2017 at 5.7 per cent year-on-year, rising to 6.3 per cent in third quarter.

11 Dec 2017 4:14 PM

At its December 6 policy meeting, the central bank raised its inflation projection by 10 basis points to between 4.3 and 4.7 per cent for the six months ending in March.

India November inflation likely exceeded RBI's 4 per cent target

Higher inflation rate is unlikely to push the Reserve Bank of India (RBI) to change its key rate any time soon.

11 Dec 2017 12:58 PM

Indian economy is expected to witness cyclical growth recovery, with real GDP growth likely to accelerate from 6.4 per cent this year.

India's GDP growth to rise to 7.5 pc in 2018: Morgan Stanley

RBI in its fifth bi-monthly review for current fiscal on Dec 6, kept repo rate unchanged at 6 per cent.

08 Dec 2017 11:59 AM

Fifth Bi-Monthly Monetary Policy statement for 2017-18, it also raised Inflation forecast marginally to 4.3-4.7 pc for second half of fiscal from earlier estimate of 4.2-4.6 per cent. (Photo: PTI)

RBI warns of fiscal slippage, inflation

GST collections were Rs 83,346 crore in October, down from over Rs 92,000 crore in the previous month.

06 Dec 2017 5:23 PM

India's growth, at 5.5-6 per cent in old series, will likely continue to remain below the 7 per cent trend.

'GDP growth in FY'19 likely to see marginal pick up at 7.2 per cent'

Public investment is also constrained by a strict 3.2 per cent of GDP center's fiscal deficit target in FY18-19.

06 Dec 2017 4:18 PM

In the previous monetary policy review held in October, RBI had projected inflation to be in range of 4.2-4.6 pc for October-March period of this fiscal.

RBI expects retail inflation to range 4.3-4.7 pc in H2 FY'18

RBI has aimed to achieve a medium-term target of 4 per cent for retail inflation.

06 Dec 2017 4:12 PM

Food inflation stood at 2.26 per cent against 1.30 per cent in September and 2.99 per cent during the corresponding month.

Retail inflation for industrial workers up 3.24 per cent in October

Consumer price index for industrial workers, stood at 3.24 per cent for October, 2017.

01 Dec 2017 6:43 PM

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Sunil Gatade