Gdp Growth | The Asian Age

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India on way to becoming 3rd richest country: Mukesh Ambani

Ambani said India needs to prepare itself for a period of information and digital abundance.

30 Oct 2018 12:24 PM

India needs strong, decisive govt to take swift decision: Jaitley

Jaitley said if India continues on high growth path, then the country can get rid of poverty

16 Oct 2018 1:46 PM

Rural education levels need to be enhanced. Shockingly, 30 per cent of farmers, across all classes of holdings, including large farmers, are illiterate. (Representational image)

Doubling farm incomes: Why change is still slow

Nor has the Narendra Modi government been deaf to the needs of the farming community.

16 Oct 2018 12:41 AM

The IMF is very much stressing that global debt at USD 182 trillion in 2017 is at a new record high. (Photo: AFP)

India's debt lower than best, emerging market economies: IMF

India private debt in 2017 was 54.5 per cent of the GDP and the general govt debt was 70.4 per cent of the GDP.

10 Oct 2018 1:36 PM

The government on Friday cut excise duty on petrol and diesel by Rs 1.5 a litre, sacrificing Rs 10,500 crore revenue in the current financial year.

Fuel excise duty cut credit negative: Moody’s

Excise duty cuts on auto fuel reduce govt revenue and increase fiscal deficit by 0.1 pc to 3.4 pc of GDP in FY19.

10 Oct 2018 12:55 PM

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

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

These have collectively contributed to the robust GDP figures that we saw for June quarter 2018-19.

8.2 per cent GDP growth an outcome of reforms taken by Govt: CII

Increase in private investment and enhanced govt spending will help India garner a GDP growth of 7.3-7.7 pc for the ongoing financial year.

04 Sep 2018 3:59 PM

‘Data confirms economic cost of DeMo was higher than benefits...’

There will also be some offsetting increase in revenues, given the effect on oil prices on inflation, says Arvind Virmani.

02 Sep 2018 5:31 AM

PM Narendra Modi with MoS Manoj Sinha during the launch of India Post Payments Bank in New Delhi on Saturday. (Photo: G.N. JHA)

PM Modi blames Congress for bad loan mess, vows recovery

Launches India Post Payments Bank with network of 1.55 Lakh branches.

02 Sep 2018 4:46 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

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

GDP growth is not above seven per cent as claimed, but at least two percentage points lower.

Indian economy vs the Maya Jaal

The government was legitimately proud that India has gone up in the scale of Ease of Doing Business.

26 Aug 2018 5:41 AM

Former RBI Governor Raghuram Rajan, (Photo: AP/File)

Rupee has not depreciated to a worrying level, says Rajan

The rupee on August 16 had slumped to a life-time low of 70.32 on strong demand for the US dollar.

25 Aug 2018 10:17 AM

Relating to GDP growth, he said as per SBI research estimates, in the first quarter it was expected to be 7.7 per cent in the first quarter and 7.5 per cent for the full fiscal.

Sudden depreciation or appreciation of Rupee not good: SBI

Rupee had experienced an orderly depreciation as it moved from Rs 64 to a dollar to Rs 70 over a span of five to six months.

24 Aug 2018 12:32 PM

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Bhopinder Singh