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We see a very positive scenario for infrastructure segment with extra investment lined in for all areas of core infrastructure such as roads, metro rail, expressway, airports and expansion on existing highways: Nitin Lall

Business

Infrastructure growth jumps to 7-month high of 6.7 per cent in June

The previous high rate of growth was recorded in November 2017 at 6.9 per cent.

31 July 2018 12:23 PM GMT

According to HSBC, the public spending component of GVA and the government consumption component of GDP grew at a rapid pace, accounting for roughly one-fifth of overall growth.

Business

India to remain fastest growing economy in FY19 and FY20, says ADB

Economic growth in China will decelerate to 6.6 per cent in 2018 and further to 6.4 per cent in 2019.

19 July 2018 12:27 PM GMT

Business

IMF slashes India's growth prediction to 7.3 per cent for 2018

Further, the international financial organisation forecasted a rate of growth of 7.8 per cent for 2019.

17 July 2018 5:18 AM GMT

The Nifty Infrastructure Index also gained 2.94 per cent.

India

IMF lowers India's growth rate to 6.1% this year, still the world's...

In April, IMF had said the country will grow at 7.3 per cent in 2019, and three months later it has revised projections.

15 Oct 2019 3:39 PM GMT

Business

Experts peg India's cost of COVID-19 lockdown at USD 120 bn

The Indian government has so far been largely silent on the economic impact from the lockdown

25 March 2020 6:41 AM GMT

GDP to contract by 5.3 pc in FY21 due to Covid-19 woes, says Ind-Ra. (ANI Photo)

Business

India's GDP to contract by 5.3% due to COVID-19 'disorder', says India...

However, the agency believes the GDP growth will bounce back in the range of 5 to 6 per cent in FY22

25 Jun 2020 6:39 AM GMT

Moodys has downgraded Chinas long-term rating by one notch from Aa3 to A1 as the Chinese government grapples with the challenges of rising financial risks stemming from years of credit-fueled stimulus.

Business

Moody's cuts India's 2018 growth forecast to 7.3 pc from 7.5 pc

Moody's said growth should benefit from an acceleration in rural consumption, supported by higher minimum support...

30 May 2018 12:39 PM GMT

The growth of eight core sectors slowed to 3-month low of 4.1 per cent in March due to weak performance in as many as six sectors including coal, crude oil and natural gas.

Business

Core sector growth rate slows to 4.1 pc in March

The other sectors which showed slower growth rate were refinery products, steel and electricity.

1 May 2018 1:07 PM GMT

Business

High growth must for generating jobs, says Rajiv Kumar

Unless good jobs are created for growing population of youth, the demographic dividend will become demographic...

1 May 2018 12:56 PM GMT

$Regarding the new GST timeline of July 1, the report said \this is in line with our base case that the GST would be implemented between April and September 2017\.$ Business

GST to add 40 bps to growth rate; won't stoke inflation: HSBC

New GST regime is expected to make the Reserve Bank of India more relaxed about lingering inflation fears.

24 May 2017 10:06 AM GMT