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The global financial services major said rate cuts hold the key to recovery and expects a 50-70 bps reduction in lending rates by banks by September.

GDP to recover to 7.2 per cent in 2017-18

Govt on February 28 pegged GDP growth at 7.1 per cent for the current fiscal.

1 March 2017 3:51 PM IST

The other sector that will be affected is the leather industry. According to the Council for Leather Exports, the total number of people employed in the leather industry is around three million.

A mistake with costly implications

The number of people dependent on the meat industry varies, but one estimate suggests a figure of around 22 million...

23 July 2017 5:51 AM IST

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Indian GDP grows 6.1 percent in the three months

The economy slowed down from a provisional 7.0 percent in the previous quarter.

31 May 2017 6:20 PM IST

According to the global financial services major, activity data across manufacturing and services as well as consumption and investment have clearly taken a hit after November 8, 2016, when the government announced scrapping old 500/1,000 rupee notes.

HSBC reports slump in GDP in December

Post March quarter, the economic growth is expected to normalis towards 7 per cent.

5 Jan 2017 4:11 PM IST

Panagariya backs India to regain crown of fastest growing economy

Panagariya backs India to regain crown of fastest growing economy

India lost the tag to China in the March quarter with the GDP growth slipping to 6.1 per cent.

1 Jun 2017 6:52 PM IST

Finance minister Arun Jaitley

Arun Jaitley plays down demonetisation growth hit

The finance minister said that the annual rate of growth was

1 Jun 2017 1:29 PM IST

Economic growth will see 'V' shape recovery: Patel

RBI last week lowered GDP growth to 6.9 per cent from previously projected 7.1 per cent.

17 Feb 2017 12:32 PM IST

Minister of State for Finance Arjun Ram Meghwal

Meghwal says India's GDP to expand

Minister said that government's push to cashless transactions will widen the tax bracket.

16 Feb 2017 3:56 PM IST

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Indian economic growth to remain flat

According to HSBC report growth is expected to remain flat at 7.1 per cent in current fiscal.

4 Jun 2017 11:36 AM IST

The government last year relaxed FDI norms in over a dozen sectors

Germany agrees to fast track system to help India cos

The issue was discussed recently at a meeting in Berlin, during the visit of Prime Minister Narendra Modi.

9 Jun 2017 2:21 PM IST

Bangladesh has managed to improve manufacturings share of GDP in recent years from 16 per cent to 20 per cent while Indias has fallen from 15 per cent to 12 per cent since 2014. (Representational Image. DC File Image)

AA Edit | Amid robust growth, focus on skills

India surpasses GDP growth expectations in FY 2023-24, driven by manufacturing and construction

3 Jun 2024 1:16 AM IST