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The Asian Development Bank lifted its outlook for growth in developing Asia this year thanks to a pick-up in the global export demand but it warned of risks from a potential China-US trade war.

ADB maintains 2018, 2019 GDP growth forecasts for developing Asia

Asian Development Outlook kept its 2018 and 2019 economic growth estimates for the region at 6.0 per cent and 5.9 per...

19 July 2018 9:56 AM IST

As per new IMF projections, Indias growth in 2016 is now estimated to be 6.6 per cent as against 7.6 per cent earlier. (Photo: AFP)

India's growth remains quite robust into future: IMF

IMF on Monday forecast a growth rate of 7.3 per cent in 2018 and 7.5 per cent in 2019 for India.

18 July 2018 11:02 AM IST

The government is working on several areas such as building infrastructure to improve logistics system in the country with a view to promote trade and industrial activities, Union Minister C R Chaudhary said on Friday.

Trade deficit widens to more than five-year high in June

India's trade balance is further bruised by a weakening Indian rupee that hit an all-time low against the dollar last...

14 July 2018 10:07 AM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

19.83 per cent growth in revenue collections in Q1 of this fiscal

In the first quarter of the 2017-18 fiscal, the state achieved revenue of Rs 13,374.25 crore.

7 July 2018 11:51 AM IST

President Ram Nath Kovind (Photo: PTI)

India set to be USD 5 trillion economy by 2025, says President Kovind

The Institute of Chartered Accountants of India (ICAI) has more than 2.80 lakh members.

2 July 2018 11:41 AM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

Fitch cuts India's FY20 GDP growth forecast to 5.5 per cent

GDP expansion will pick up to 6.2 per cent in the next financial year (2020-21) and to 6.7 per cent in the year after.

24 Oct 2019 2:20 PM IST

The rupee rose sharply against the US dollar while bonds climbed for a second day on hope that the higher than estimated surplus transfer by the central bank to the government would ease fiscal and current account deficit concerns.

Rupee ends flat at 71.14 versus US dollar

The gains in the rupee were capped by crude oil hitting the USD 60 per barrel mark, forex brokers said.

18 Oct 2019 6:36 PM IST

Finance minister Nirmala Sitharaman during a press conference in New Delhi on Saturday. (Photo: Asian Age)

No better place to invest than in India: Sitharaman

She assured international investors at an interaction session that the government was continuously working to bring...

17 Oct 2019 8:58 AM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

World Bank slashes India's growth forecast to 6 per cent for this...

Asia's third-largest economy is currently growing at its slowest pace in 6 years, expanding by just 5 pc in the...

14 Oct 2019 9:15 AM IST

HDFC Bank managing director Aditya Puri

Growth will improve by January but no 'runaway boom': Aditya Puri

A few companies, especially with exposure to the realty space, may face problems in the future, said HDFC's Aditya Puri.

6 Oct 2019 6:26 PM IST

Market watchers expect the slowdown in consumer goods to worsen further in September quarter from the June quarter levels. Volume growth could be the slowest since Q1FY18.

FMCG Q2 volume growth to be slowest in 2 years

Volume growth could be the slowest since Q1FY18.

4 Oct 2019 1:54 AM IST

Godrej Group chairman Adi Godrej

Govt should provide more stimulus; lower income tax: Adi Godrej

The government should take these measures, although this may increase the fiscal deficit, said the Godrej Group...

3 Oct 2019 1:10 PM IST