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Desperate situations call for desperate measures, which are coming now, but only after the hubris of the reelection-dominated July Budget dissipated somewhat and those producing goods and offering services are being recognised as pivotal drivers of the economy.

India's GDP Grows 6.2% in Q3 FY25, Recovery Gains Pace

India's GDP grew 6.2% in Q3 FY25, rebounding from 5.6% in Q2. Agriculture led growth, while manufacturing and mining...

28 Feb 2025 5:36 PM

AA Edit | Slowdown due to global effects

AA Edit | Slowdown due to global effects

The Indian economy or the gross domestic product (GDP) has posted the lowest growth rate in nearly the last...

1 Dec 2024 6:32 PM

Indias GDP slowed down to 5.7 per cent on the back of demonetisation and GST. Photo: AP

India's GDP likely to grow 7 per cent in FY18: Niti Aayog Chairman

The Niti Aayog vice chairman said the country did very well from 2007-13 and the downward cycle started in 2013-14.

15 Oct 2017 6:22 AM

The World Bank, in its report said that Indias economic growth has been affected by disruptions from the withdrawal of banknotes and uncertainties around GST. Photo: AP

'Cash disruption' and GST uncertainties affected India's growth: World...

A slowdown in India's growth rate, the bank said, has also affected the growth rate of South Asia.

11 Oct 2017 4:08 AM

Indias Prime Minister Narendra Modi talks to journalists after a Memorandum of Understanding ceremony at the President House in Naypyitaw, Myanmar on Wednesday, Sept 6, 2017. (Photo: AP)

As India's smaller firms struggle, Modi faces stimulus dilemma

The economy grew at an annual 5.7 percent year-on-year in the three months to end-June, its slowest in three years.

10 Oct 2017 4:19 AM

Reserve Bank Governor Urjit Patel

Growth important, but not at cost of inflation: RBI Guv Urjit Patel

The slowdown had sparked some calls for lower interest rates, but with inflation rising, the RBI left rates unchanged.

9 Oct 2017 6:57 AM

Consumer confidence in the economic scenario of the country has turned negative as people remain pessimistic about price levels, income and dipping employment opportunities. (File Photo)

Consumer confidence in economy turns 'pessimistic'; people worry about...

These sentiments are in line with the economic data released in the last couple of months that indicate a sluggish...

9 Oct 2017 6:37 AM

Prime Minister Narendra Modi on Wednesday accepted that growth rates have fallen but insisted that his government is committed to reversing the fall. Photo: ANI| Twitter

Modi accepts decline in growth rate, says govt committed to reversing...

He went on to say that after demonetisation, the cash to GDP ratio came down to 9 percent, from 12 per cent in November...

4 Oct 2017 2:21 PM

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

Fitch downgrades India's growth forecast to 6.9 per cent

Fitch Ratings said the global economy has improved markedly this year and is on course to recording its fastest...

2 Oct 2017 1:53 PM

Former Reserve Bank of India Governor C Rangarajan

Govt needs to take measures to push growth: C Rangarajan

The government needs to take quick action for the economy to pick up 'really fast', Rangarajan said.

1 Oct 2017 12:13 PM

Union Finance Minister Arun Jaitley addressing media after the 22nd meeting of the Goods and Services Tax (GST) Council, in New Delhi. (Photo: PTI)

India has standardised itself for 7-8 per cent growth: Jaitley

India is getting closer to a situation where the country can spend what it earns, and borrows relatively less, he said.

30 Nov 2017 10:10 AM

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Sensex tanks 185 points to 33,417.52, Nifty slides to 10,303.80 in...

Investors were cautious ahead of September quarter GDP data to be released later in the day.

30 Nov 2017 4:54 AM