GDP | The Asian Age

Tuesday, May 21, 2024 | Last Update : 07:33 PM IST

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Mining growth stood at a low 0.4 per cent in June 2017, dampened by the sharp contraction in coal output.

India Inc sees industrial growth enter negative zone

As many as 15 of the sub-sectors of manufacturing recorded a year on year contraction in June 2017.

12 Aug 2017 3:52 AM

Revenue deficit target of 2 per cent of GDP will be met in current fiscal, deficit would be 1.9 per cent in next. (Photo: PTI).

Govt capex to rise 25 pc to Rs 3.9 lakh crore by FY'20

The tax-GDP ratios are projected to be 11.6 per cent in 2018-19 and 11.9 per cent in 2019-20.

10 Aug 2017 1:54 PM

Bigger banks are less motivated to work with MSMEs on loans due to smaller business accounts. (Representational Image)

Mergers of small banks may hurt MSME sector: report

Disadvantages of big banks are that services are less personable and local people abstain from reaching out to them.

05 Aug 2017 5:10 PM

China today is 45.6 per cent rural and 54.4 per cent urban, a change from 53.4 per cent rural and 46.6 per cent urban populace in 1989. In comparison, India today is 69.8 per cent rural and 30.2 per cent urban.

Is China losing its edge?

Finance being prosperity and firepower, destruction thereof, the external posturing of the Dragon is more than understandable and expected.

03 Aug 2017 5:37 AM

Over 200 market participants were confident of India's stable economic growth prospects.

India to grow 6.5-7.5 per cent over 12-18 months: Moody's

The view is in keeping with signs of economic recovery after short-term negative impact of demonetisation.

31 Jul 2017 12:15 PM

The actual performance of India's economy during the last two years of the UPA government (2012 -13 and 2013-14) was worse than the 'policy logjam' scenario.

India's GDP in last 2 yrs of UPA rule below projections: Niti Aayog

However, as per revised GDP series, economic growth was a little better and stood at 5.6 per cent and 6.6 per cent.

25 Jul 2017 9:06 PM

Congress leader P. Chidambaram pointed out that many products have been kept out of the new tax regime.

Chidambaram points out 40 per cent of India's GDP kept out of GST

GST is believed to be the biggest economic reform since independence.

23 Jul 2017 6:53 PM

Old Rs 1,000 and Rs 500 notes were cancelled on November 8 last year.

Not possible to isolate note ban impact on GDP: Govt

Growth rate of GDP at constant market prices for 2015-16 and 2016-17 was 8 per cent and 7.1 per cent respectively.

18 Jul 2017 5:52 PM

NITI Aayog Vice-Chairman Arvind Panagariya said India's GDP could rise to about USD 8 trillion over the next 15 years.

Niti Aayog's Panagariya expects Indian GDP to hit USD 8 trillion in 15 yrs

anagariya added that currently Indian economy is on a much more stable path than it was between 2004-2014.

18 Jul 2017 5:36 PM

Overall, India's trade deficit narrowed to USD 13 billion in June from USD 13.8 billion in May.

CAD to widen to 1.3 per cent of GDP in 2017: Nomura

Current account deficit soared to USD 3.4 billion of GDP in 4th quarter of 2016-17 from USD 0.3 billion.

18 Jul 2017 1:01 PM

A lot needs to be fixed if GST is to benefit all

The just-launched Goods and Services Tax is meant to squeeze more out of our recalcitrant corporates and businessmen.

15 Jul 2017 2:14 AM

The government hopes to collect more revenue from GST, doubling its budget revenue in a couple of years.

GST’s fallout: Chaos & new licence raj likely?

The compliance burden and GST’s complex structure — it has four main rates from five to 28 per cent — have sparked fears of initial chaos.

07 Jul 2017 6:24 AM

Nobel Laureate Paul Krugman said demonetisation could have shrunk Indian economy but it did not. (Photo Credit: Twitter)

Demonetisation could have shrunk Indian economy: Paul Krugman

Paul Krugman said demonetisation was a little "puzzling" and also went on to comment on RBI's stance on growth rates.

06 Jul 2017 11:42 AM

SUUTI owned a 6.68 per cent stake in L&T as of the end of March.

Govt sells $619 million stake in Larsen & Toubro

L&T shares were up 0.6 per cent at 0800 GMT, outperforming a 0.4 per cent fall in the broader NSE index.

21 Jun 2017 2:48 PM

As growth takes a hit, a lot needs to be fixed

The crisis in the banks is a reflection of the crisis in the economy but this would not at all be obvious to anyone reflecting on the Indian economy.

09 Jun 2017 2:23 AM

RBI keeps key rate unchanged; cuts SLR, lowers GDP projection

RBI cut the economic growth projection to 7.3 per cent for the current fiscal from 7.4 per cent earlier.

07 Jun 2017 3:09 PM

RBI keeps repo rate unchanged at 6.25 per cent

Consequently, reverse repo rate remains at 6.0 per cent, MSF rate and bank rate at 6.50 per cent.

07 Jun 2017 2:52 PM

Near-term trend will be dictated by the RBI Policy meeting, progress of monsoon, the dollar-rupee exchange rate, investment pattern of FIIs, international crude oil prices and UK elections outcome.

Markets to track what RBI will do next

Markets would react to the decisions of GST Council and with the stage almost set for rollout of GST on July 1.

05 Jun 2017 3:42 AM

Prime Minister Narendra Modi (Photo: AP)

Modinomics: A speedometer-odometer mismatch

India’s GDP growth for the year is officially pegged at 6.1 per cent, a huge fall from the 7.8 per cent claimed for the previous year.

05 Jun 2017 12:48 AM

Indian economy grew at 7.1 per cent in 2016-17.

India's 7 pc GDP growth wrong calculation: expert

Economist Vijay R Joshi says India's industrial production and bank credit are growing very slowly.

03 Jun 2017 3:44 PM

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Aakar Patel