Indian Economy | The Asian Age

Thursday, Apr 25, 2024 | Last Update : 09:53 AM IST

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The President also hailed the Indian community in Bulgaria as 'bridge between the two countries' . (Photo: ANI)

India's economy making steady progress: President Kovind in Bulgaria

President Kovind is on his state visit to three European countries-Cyprus, Bulgaria and the Czech Republic.

05 Sep 2018 9:20 AM

The previous high quarterly GDP growth was recorded in July-September period in 2014-15 at 8.4 per cent. (Representational Image)

Apr-June GDP grows to 8.2 pc, cements India's place as fastest growing economy

The growth cemented India's position as fastest growing major economy, clocking higher expansion rate than China's 6.7 in same quarter.

31 Aug 2018 6:21 PM

India expected to become world's 5th largest economy next year: Jaitley

India is expected to surpass Britain next year to become world's fifth largest economy.

30 Aug 2018 12:09 PM

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

India to grow at ‘7.5 per cent’ in 2018, says Moody’s

Moody’s said RBI in July raised the benchmark repo rate by 25 basis points for the second time in two months to 6.5 per cent.

24 Aug 2018 12:41 AM

The National Statistical Commission (NSC) has sought public comments on a panel report which showed that the economy grew at fastest pace under the Congress rule, amid a political row over the growth numbers.

NSC seeks public comment on GDP back series report

The govt has maintained that the GDP Back Series Report 2011 was an unofficial document that has not been accepted by it.

23 Aug 2018 5:34 PM

Vajpayee took privatisation drive which saw 32 state-owned companies and hotels being sold to private firms in five years.

Atal Bihari Vajpayee laid foundation for a resurgent Indian economy

When Vajpayee left government in 2004, GDP was growing around 8 per cent, inflation was below 4% and foreign reserves were overflowing.

17 Aug 2018 1:56 AM

'India was considered among 'fragile five' but today world is seeing it as destination of multi-billion dollar investment,' PM Modi said. (Photo: Twitter | ANI)

‘Sleeping elephant’ woke up, India to lead world growth for 3 decades: PM Modi

PM Modi said, red tape has been replaced with 'red carpet', propelling India on the ease of doing business ranking.

15 Aug 2018 9:18 AM

The GST is an indirect tax levied on the supply of goods and services in India. It came into effect on July 1, 2017. (Representational Image)

GST ‘milestone reform’ but India should consider simpler rate structure: IMF

In its annual country report, IMF said that a dual rate structure can be progressive and preserve revenue neutrality.

08 Aug 2018 1:37 PM

India's economic growth momentum is likely to pick up further in the April-June period and the country is expected to clock GDP growth of 7.5 per cent in this financial year, says a Morgan Stanley report.

India's GDP growth to rise to 7.5 per cent this fiscal, says report

In the January-March quarter, India's gross domestic product (GDP) grew at the fastest pace.

02 Aug 2018 11:43 AM

Vietnamese Envoy to India Ton Sinh Thanh pitched for strengthening trade and economic ties between New Delhi and Hanoi in the coming years in a bid to strengthen bilateral relations between the two countries.

Vietnam pitches for strengthening trade with India

Thanh further opined that India's economic growth will touch 7.3 per cent to 7.5 per cent in the near future.

31 Jul 2018 12:39 PM

Days after the Indian economy was placed sixth based on GDP numbers by the World Bank, outgoing Chief Economic Adviser Arvind Subramanian on Thursday said the Centre's current priority should be to enhance the standard of living of common man.

Improve common man's standard of living, says CEA Arvind Subramanian

He said the Centre's current priority should be to enhance the standard of living of common man.

20 Jul 2018 1:05 PM

Economic Affairs Secretary Subhash Chandra Garg on Saturday said that India's digital economy is expected to touch a USD 1 trillion mark by 2022. (Photo: PTI)

Indian digital economy will touch USD 1 trillion-mark by 2022: Garg

India is the sixth largest world economy and We would become fifth largest economy by 2022.

15 Jul 2018 6:31 PM

Congress spokesperson Randeep Surjewala also urged Arun Jaitley to write a post on the 'economic woes that Modinomics has heaped upon India'. (Photo: File)

Congress asks Jaitley to write Facebook post on 'who is finance minister'

Arun Jaitley in a Facebook post said Congress in 1970s, 1980s followed the model of 'populist slogans' rather than 'sound policy.'

14 Jul 2018 2:24 PM

India’s economy rebounded strongly from July 2017, after several quarters of slowdown blamed on economic policies pursued by PM Narendra Modi’s govt. (Representational Image)

India beats France to become world’s sixth largest economy

India’s GDP amounted to USD 2.597 trillion at the end of 2017, against USD 2.582 trillion for France.

11 Jul 2018 1:57 PM

Prime Minister Narendra Modi on Monday said his government's pet 'Make in India' initiative has propelled India to become the world's second-largest manufacturer of mobile phones as the number of factories soared to 120 from just 2 four years ago. (Photo: PTI)

India becomes 2nd largest phone maker on Make-in-India initiative: Modi

Modi said four lakh direct jobs have been created as the number of factories making mobile phones increased.

09 Jul 2018 8:07 PM

Nobel laureate Amartya Sen was speaking in Delhi at the launch of the Hindi edition of his book 'An Uncertain Glory: India and its Contradiction' that he co-authored with Jean Dreze. (Photo: File)

India has taken ‘quantum jump in wrong direction’ since 2014: Amartya Sen

The economist also said the govt has also deflected from issues of inequalities, caste system and scheduled tribes have been kept out.

08 Jul 2018 7:06 PM

The government's decision to hike the minimum support price (MSP) for 14 khariff crops would boost farmers' income, resulting in a huge rural demand push to the Indian economy, industry body Assocham said.

MSP hike to boost farm income and spur growth, says Assocham

The government increased the MSP for paddy by a record Rs 200 per quintal.

08 Jul 2018 3:18 PM

Investors exiting is no surprise

The exit by foreign investors was triggered by the double whammy of rising crude prices and uncertain future for global trade.

04 Jul 2018 12:09 AM

India is now the fastest growing large economy of the world with strong fundamentals to propel further growth, PM Modi added. (Photo: File)

Economist PM, know-it-all finance minister ruined economy: PM Modi

He added that when the BJP government took over, 'things were terrible and that 'even the budget figures were suspicious.'

03 Jul 2018 9:53 AM

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Dilip Cherian