Nov 16, 2024, at 07:20 am
Mumbai: India's goal of becoming a $7-trillion economy by 2030 is achievable under the "strong" leadership of Prime Minister Narendra Modi, according to Chairman and CEO of JP Morgan Jamie Dimon.
India leads global growth with robust investment and consumption: IMF Report
Nov 02, 2024, at 03:18 am
New Delhi: India continues to lead as the world’s fastest-growing economy, driven by strong investment and private consumption, according to the International Monetary Fund's (IMF) Asia-Pacific Regional Economic Outlook released on Friday.
IMF keeps India's FY25 growth forecast unchanged at 7%
Oct 23, 2024, at 02:26 am
New Delhi: The International Monetary Fund (IMF) has maintained India's GDP growth forecast for FY25 at 7 percent, according to its latest World Economic Outlook released on October 22.
Goldman Sachs cuts India's growth forecast by 20 basis points
Aug 24, 2024, at 03:18 am
Mumbai: Goldman Sachs Group Inc. has slashed India's growth forecast for this year and the next by 20 basis points, citing a reduction in central government spending, Bloomberg reported.
IMF raises India's FY25 GDP growth forecast to 7%
Jul 17, 2024, at 05:01 am
New Delhi: Amid rising private consumption, particularly in rural areas, the International Monetary Fund (IMF) on Tuesday in its economic outlook projected India's growth at 7 percent for 2024-25, up from 6.8 percent.
India's core sector grows 6.2% YoY in April 2024
Jun 01, 2024, at 02:21 am
New Delhi: India's index of eight core sectors grew by 6.2 percent year-on-year in April, following a 6 percent growth in March, according to official data released on Friday.
India's core sector output rises to three-month high of 6.7 pc in Feb
Mar 29, 2024, at 03:14 am
New Delhi: Driven primarily by coal, cement and crude oil production, India's core sector comprising of eight key infrastructure components grew 6.7% year-on-year in February 2024, as per data released by the Ministry of Commerce and Industry on Thursday.
India's FY24 GDP growth rate could near 8%: RBI Governor Shaktikanta Das
Mar 07, 2024, at 02:59 am
New Delhi: The Indian economy's GDP growth for the current fiscal year ending in March might be close to 8%, Reserve Bank of India (RBI) governor Shaktikanta Das said in an interview with ET Now on Wednesday.
India grows by 8.4% in Oct-Dec quarter defying expectations
Mar 01, 2024, at 01:15 am
New Delhi: India's economy surged by 8.4% in the quarter ending in December, surpassing expectations, driven by strong expansion in manufacturing and construction sectors.
Outlook for the Indian economy appears bright, says Finance Ministry report
Feb 21, 2024, at 06:00 am
New Delhi: Prospects of healthy Rabi harvest, sustained manufacturing profitability and underlying service resilience are expected to support economic activity in the financial year 2024-25, said a Finance Ministry report released on Tuesday.
Indian economy off to a good start in Sept qtr: CEA Nageswaran
Sep 01, 2023, at 07:55 am
New Delhi: India’s Q1FY24 GDP growth of 7.8% is a "good number" and the government can comfortably maintain a growth target of 6.5% for FY24, according to India's chief economic advisor V. Anantha Nageswaran.
India's eight core sectors' output grows 8 pc in July
Sep 01, 2023, at 06:22 am
New Delhi: Driven mainly by the coal, cement, and steel sectors, India's core output, comprising eight key infrastructure sectors, grew 8% year-on-year (YoY) in July 2023.
8 core sectors grow at a record 8.2% in June
Aug 01, 2023, at 04:57 am
New Delhi: India's eight core sectors registered a growth of 8.2 percent in June, the Ministry of Commerce and Industry said on Monday.
India's growth rate can push its poverty elevation efforts: World Bank President Ajay Banga
Jul 20, 2023, at 03:11 am
New Delhi: India’s growth rate can be the vantage point in its poverty elevation efforts, according to World Bank President Ajay Banga.
Record diesel and gasoline sales in May indicate strong demand
Jun 10, 2023, at 06:47 am
New Delhi: India's May diesel and gasoline sales reached record levels, providing a rare positive indication for the global oil markets, Bloomberg reported.
SAIL records a growth of 47 % in December sales
Jan 01, 2020, at 11:23 pm
New Delhi/IBNS: Public Sector steelmaker Steel Authority of India Limited (SAIL) welcomed the New Year – 2020 at a function held at the Company’s Headquarters in New Delhi on Wednesday.
India's growth to remain in 7-7.5% range in next few years: PM advisory panel says
Jan 25, 2019, at 06:22 pm
New Delhi, Jan 25 (IBNS): The growth is expected to be in the 7-7.5% range in the next few years, said the Economic Advisory Council to the Prime Minister said on Friday.
Sonalika Tractors closes YTM FY’18 with 63,205 units, registering growth of 15.8%
Jan 05, 2018, at 04:57 am
New Delhi/Kolkata, Jan 4 (IBNS): Indian tractor brand International Tractors Limited (ITL), makers of Sonalika tractors, has recorded sales of 63,205 units for April - December, a 15.8% growth for the same period last year.
Direct Tax Collections for financial year 2017-18 show growth of 14.4% upto Nov: Govt
Dec 10, 2017, at 05:50 pm
New Delhi, Dec 10 (IBNS): The provisional figures of Direct Tax collections up to November, 2017 show that net collections are at Rs. 4.8 lakh crore which is 14.4% higher than the net collections for the corresponding period of last year, a government statement claimed.
Mercedes-Benz India registers 41% growth by selling 4698 units in Q3
Oct 07, 2017, at 04:39 am
Kolkata, Oct 6 (IBNS): Luxury car brand Mercedes-Benz sustained its growth story in the Indian market by registering its best ever 3rd quarterly sales, primarily supported by an attractive product portfolio including an exceptionally high demand for the all New Long Wheelbase E-Class Sedan.
Yamaha reports 11% domestic sales (including Nepal) growth in May 2017
Jun 02, 2017, at 03:51 am
New Delhi, June 1 (IBNS): India Yamaha Motor Pvt. Ltd., in May 2017, continued with its upward growth in the sales by registering a 11% in domestic sales (including Nepal) rise as compared to the corresponding period last year.
Apr 22, 2017, at 04:43 am
Mumbai, Apr 21 (IBNS): Union Minister Chaudhary Birender Singh has said that he expects the steel industry to showcase an increase of one percent growth than that of the last financial year in 2017-18.
Assam increases own revenue collection growth by 21.60% in last fiscal: Himanta Biswa Sarma
Apr 21, 2017, at 03:19 am
Guwahati, Apr 20 (IBNS): The Assam government has claimed that it has witnessed a growth of its own revenue collection by increasing of 21.60 percent in the last fiscal.
SAIL records best ever annual sales in FY17, growth of 8% over CPLY
Apr 02, 2017, at 08:15 pm
New Delhi, Apr 1 (IBNS): Steel Authority of India Ltd. (SAIL) recorded the best ever sales performance for any given year during FY 17 (Apr-Mar’17) with a growth of 8% over corresponding period last year (CPLY).
Despite challenges pharma sector to grow and generate high employment: Experts
Feb 26, 2017, at 08:31 pm
Jaipur, Feb 26 (IBNS): With the initiatives taken by the Government of India on demonetization, introduction of the GST along with Make in India, Smart Cities, Digital India and Startup India have played important role in changing the eco-system and created newer platforms in many avenues including the pharmaceutical sector, experts said.
Partnership strategy a core element of Etihad growth: Group President
Jan 19, 2017, at 04:26 am
Abu Dhabi, UAE, Jan 18 (IBNS): Etihad Aviation Group's partnership strategy has been a core element of the growth of the business, said President and Chief Executive Officer James Hogan in a speech on Wednesday.
Bosch Limited registers 7.7 pct growth in gross sales, income from operations
Nov 10, 2016, at 12:42 am
Bangalore, Nov 9 (IBNS): Bosch Limited, a supplier of technology and services, posted gross sales and income from operations of INR 2,738 crores in Quarter 2 of FY 2016-17, registering a 7.7 percent increase over the same period of the previous year.
Canada added 67,000 new jobs but unemployment rate still the same
Oct 08, 2016, at 02:43 am
Toronto, Oct 7(IBNS): The Canadian economy recently added 67,000 jobs in September.
Ugaoo.com enters rural market, invests Rs. 3 crore in growth and expansion plans
Sep 21, 2016, at 02:29 am
Mumbai, Sept 20 (IBNS): Ugaoo.com, an one-stop portal for farming and gardening needs, from Pune based seed company Namdeo Umaji, has invested Rs. 3 crore in its expansion and growth plans.
Mexico is top destination for India's automobile exports, growth over 110%: EEPC report
Sep 06, 2016, at 01:20 am
New Delhi, Sept 5 (IBNS): Mexico has emerged as the top destination for India's automobile exports making a compelling case for the Indian engineering exporters to push for further push in the growing south American markets, according to EEPC India.