FY20 GDP growth estimate at 5 pc Vs 6.1 pc in 2018-2019
Feb 28, 2020, at 06:32 pm
New Delhi/UNI: The growth in Gross Domestic Product during 2019-20 is estimated at 5.0 percent as compared to 6.1 per cent in 2018-19, the government said on Friday.
GDP growth to stay flat at 4.5 pc in Quarter 3 of FY20: SBI economists
Feb 26, 2020, at 06:04 pm
New Delhi/UNI: The GDP growth of India will stay flat at 4.5 per cent in the October-December 2019, economists at SBI said on Wednesday.
GDP growth for FY2019-20 pegged at 5%
Jan 07, 2020, at 09:45 pm
New Delhi/IBNS: The government on Tuesday forecast 5% growth for the current fiscal.
RBI keeps Repo Rate unchanged, slashes GDP growth projection to 5 per cent
Dec 05, 2019, at 12:57 pm
Mumbai/IBNS/UNI: The Reserve Bank of India (RBI) on Thursday kept the Repo Rate unchanged at 5.15 pc but slashed the Gross Domestic Product (GDP) growth projection to 5 per cent on Thursday.
Economy, society in a worrisome state, small changes not enough : Manmohan Singh
Nov 30, 2019, at 12:37 am
New Delhi/UNI/IBNS: Former Prime Minister Dr Manmohan Singh on Friday expressed deep concern over the state of economy saying it is a reflection of the state of society. He made the comment on a day when hinting that the country's economy might be witnessing a slowdown, India's second-quarter GDP stood at 4.5 percent, the lowest in six years.
India's GDP for July-September drops to 4.5 pct
Nov 29, 2019, at 05:53 pm
New Delhi/IBNS: Hinting that the country's economy might be witnessing a slowdown, India's second-quarter GDP stood at 4.5 percent, the lowest in six years, as per government data released on Friday.
RBI cuts repo rate by 25bps to 5.15%, GDP growth cut to 6.1%
Oct 04, 2019, at 12:48 pm
Mumbai: The RBI on Friday reduced the repo rate by 25 basis points to 5.15% from 5.40% in the fourth bi-monthly policy review.
Indian market: Sensex moves down by over 600 points
Sep 03, 2019, at 03:06 pm
Mumbai, Sept 3 (IBNS): The Sensex moved down by over 600 points on Tuesday, just days after lower-than-expected GDP numbers for the April-June quarter was unveiled by the Indian government.
India's GDP growth continues to be high above US, China: Nirmala Sitharaman
Aug 23, 2019, at 06:59 pm
New Delhi, Aug 23 (UNI): Highlighting the measures to boost economic growth, Union Finance Minister Nirmala Sitharaman said on Friday that India is maintaining the reform momentum and GDP growth continues high above other countries, including the US and China.
Our government kept reform as top agenda since 2014: Nirmala Sitharaman
Aug 23, 2019, at 06:00 pm
New Delhi, Aug 23 (IBNS): Union Finance Minister Nirmala Sitharaman on Friday said the focus of her government since 2014 has been to keep 'reform' as a top agenda.
Jul 04, 2019, at 04:55 pm
New Delhi, July 4 (IBNS): A day ahead of the Union Budget, Finance Minister Nirmala Sitharaman on Thursday tabled the Economic Survey which has given a call for a sustained 8% growth rate for India to become a USD 5 Trillion Economy by 2024-25. The government forecast the real GDP growth for the year to 7% percent this year, while being wary of checking the fiscal deficit.
Govt projects GDP at 7 per cent for 2019-20
Jul 04, 2019, at 12:35 pm
New Delhi, Jul 4 (UNI/IBNS): The Union government on Thursday projected the real GDP growth for the year 2019-20 at 7 per cent on the back of anticipated pickup in the growth of investment and acceleration in the growth of consumption.
Centre clarifies after ex-Chief Economic Adviser Arvind Subramanian says growth was 'overestimated'
Jun 12, 2019, at 08:46 am
New Delhi, June 12 (IBNS): As former Chief Economic Adviser Arvind Subramanian suggested that India's growth figures are overestimated, the Centre on Tuesday clarified that the country's economic growth are based on "accepted procedures, methodologies and available data".
GDP growth drops to 5.8 percent in March quarter
May 31, 2019, at 05:56 pm
New Delhi, May 31 (IBNS): The rate of India's gross domestic product (GDP) growth in the January-March quarter of 2018-19 moved down to touch 5.8 percent, official data released on Friday revealed.
India's GDP estimated to grow at 7.2 per cent in 2018-19: Officials
Jan 07, 2019, at 06:43 pm
New Delhi, Jan 7 (IBNS): India's Gross Dometic Product will grow at a rate of 7.2 per cent in 2018-2019 session, official data released on Monday said.
Nov 29, 2018, at 12:41 pm
New Delhi, Nov 29 (IBNS): Congress has slammed the new GDP back-series data released by the Modi government on Wednesday showed slower growth during the UPA regime that was previously recorded.
New GDP data shows slower growth during UPA years
Nov 28, 2018, at 10:37 pm
New Delhi, Nov 28 (IBNS): New GDP back-series data released by the Modi government on Wednesday showed slower growth during the UPA regime that was previously recorded.
Reserve Bank of India keeps repo rate unchaged at 6.5
Oct 05, 2018, at 05:07 pm
New Delhi, Oct 5 (IBNS): The Monetary Policy Committee (MPC) in its fourth bi-monthly statement, issued on 05.10.2018, on the basis of an assessment of the current and evolving macroeconomic situation at its meeting on Friday, decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per cent.
India's GDP grows at 8.2 percent in 2019-2019 first quarter
Aug 31, 2018, at 05:54 pm
New Delhi, Aug 31 (IBNS): India's economy marked an impressive growth of 8.2 percent in the first quarter of the 2018-19 financial year, as per government data released on Friday.
India records GDP at 7.7 percent
Jun 01, 2018, at 02:33 pm
New Delhi, May 31 (IBNS): India has managed to continue its growth story with its GDP or gross domestic product growth accelerating to 7.7 per cent in the March quarter.
India records GDP at 7.7 percent
Jun 01, 2018, at 11:51 am
New Delhi, May 31 (IBNS): India has managed to continue its growth story with its GDP or gross domestic product growth accelerating to 7.7 per cent in the March quarter.
India races ahead of China to become fastest growing economy with 7.2 percent
Mar 01, 2018, at 03:17 am
New Delhi, Feb 28 (IBNS): India has once again raced ahead of China to become the fastest growing economy in October-December quarter.
Fiscal deficit to be 3.3 per cent of the GDP for the coming fiscal year, says FM Jaitley
Feb 01, 2018, at 09:37 pm
New Delhi, Feb 1 (IBNS): Union Finance Minister Arun Jaitley, while presenting the General Budget for 2018-19 in Parliament on Thursday, said that this Budget reflects the government’s commitment to substantially boost investment in agriculture, social sector, digital payments, infrastructure and employment generation while simultaneously sticking to the path of fiscal rectitude.
India loses 4% of GDP to mal-nutrition; ASSOCHAM-EY Paper to FM Jaitley in run up to Budget
Jan 22, 2018, at 12:23 am
New Delhi, Jan 21 (IBNS): As Finance Minister Mr Arun Jaitley is busy giving final touches to the Union Budget for 2018-19, an ASSOCHAM-EY joint paper has said that nearly 4 per cent of India’s GDP is estimated to have been lost due to mal-nutrition and certainly women and children deserve a better deal in expenditure outlay, since the country hosts 50 per cent of under-nourished children of the world and women and girl children fall last in the household food serving.
Indian economy growth estimated to stand at 6.5 percent in 2017-18
Jan 06, 2018, at 01:00 am
New Delhi, Jan 5 (IBNS): The Indian economy is likely to mark a slow growth 6.5 percent in 201718, government data released on Friday said.
GDP growth will become more robust in 2018-19: NITI Aayog
Jan 06, 2018, at 12:09 am
New Delhi, Jan 5 (IBNS): Vice Chairman of NITI Aayog Rajiv Kumar has said that the GDP growth will become more robust in 2018-19.
India's economy slowed down in 2016-17: Arun Jaitley tells Parliament
Dec 30, 2017, at 12:25 am
New Delhi, Dec 29 (IBNS): Union Finance Minister Arun Jaitley on Friday said India's economy slowed down in the 2016-17 session.
India's GDP grows 6.3 pct in Q2
Dec 01, 2017, at 12:12 am
New Delhi, Nov 30 (IBNS): India's GDP growth for the second quarter of the current fiscal that ended on Sept 30 moved up to 6.3 percent, government data released on Thursday said.
Sep 13, 2017, at 10:39 pm
New Delhi, Sept 13 (IBNS): If India has to maintain a sustained GDP growth of 9-10 per cent per annum, it is crucial that the manufacturing sector grows steadily at 14–15 per cent per annum over the next three decades, noted a recent ASSOCHAM-EY joint study.
Indian economy grew 6.1 pct in Q4
May 31, 2017, at 11:39 pm
New Delhi, May 31 (IBNS): In the fourth quarter ending in March, India's economic growth slowed down to 6.1 percent, government data released on Wednesday showed.