Economic Growth | The Asian Age

Friday, Jan 22, 2021 | Last Update : 12:42 PM IST

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India's GDP growth is likely to cross 8 per cent in the next two years and the government is taking a number of steps including formulation of a new industrial policy to double the economy's size to USD 5 trillion in 7-8 years.

Economic growth may cross 8 per cent in next 2 years, says Prabhu

India's GDP grew at the fastest pace in seven quarters at 7.7 per cent in the January-March quarter of last fiscal.

08 Jun 2018 4:52 PM

India’s economic expansion at 7.7 per cent was significantly higher than China’s 6.8 per cent in the same January-March period.

GDP growth up to 7.7 per cent in Q4

It’s much higher than China’s 6.8%.

01 Jun 2018 2:07 AM

Indian economy grew 7.7 per cent in January-March 2018, the biggest expansion in seven quarters.

Indian economy expands 7.7 per cent in Q4, 6.7 per cent in FY18

However, the economic growth slows to 6.7 per cent in 2017-18 compared to 7.1 per cent in 2016-17.

31 May 2018 6:52 PM

While last year, the Niti Aayog had prepared a three-year action agenda till the year 2019-2020 under which it had listed some “ambitious proposals for policy changes”, the development agenda will focus on actually achieving those goals by 2022.

Government sets ambitious farm, export, job targets for 2022

Aims to double farmers’ income, boost manufacturing, economy.

18 May 2018 3:39 AM

President Ram Nath Kovind said on Tuesday that the 12 'champion' services sectors including IT and tourism identified by the government hold a huge potential to attract global investors, promote India's economic growth and generate jobs. (Photo: PTI)

Services sector can attract huge investment, generate jobs: Kovind

In February, the central government had set up a Rs 5,000 crore dedicated fund to promote 12 'champion' services sectors.

15 May 2018 3:38 PM

Govt eyes job-creation in 12 sectors

PMO dedicates Rs 5,000 crore to boost economic growth.

12 May 2018 1:21 AM

According to the Economic Survey (2017-18), child and maternal malnutrition posed the most challenging health risk of our times.

Malnutrition: India’s silent catastrophe

Malnutrition threatens a child’s physical as well as mental wellbeing for many years to come.

07 May 2018 12:37 AM

The deep crisis, which afflicts India’s agriculture sector, is not unknown. Farming has become an unviable occupation.

India needs a systematic overhaul in agriculture to ensure food security

The composition of the food basket is increasingly shifting away from cereals to high-value agricultural commodities like fish, eggs, milk and meat.

07 May 2018 12:26 AM

The Indian economy is witnessing a "cyclical upswing" and the country is likely clock a GDP growth of 7.5 per cent this financial year, says a Deutsche Bank research report.

India likely to clock 7.5 pc growth in FY19: Deutsche Bank

Higher oil prices can potentially slow the pace of recovery.

29 Apr 2018 11:33 AM

Average monsoon rains raise possibility of higher farm and economic growth in country. (Representational image)

India likely to receive average monsoon rains in 2018: Met department

Monsoon rains, the lifeline of the country’s USD 2 trillion economy, are expected to be 97 per cent of a long-term average.

16 Apr 2018 5:27 PM

The pick-up in economic growth in India is positive for asset-backed securities (ABS), as it supports the ability of borrowers to earn income and repay their loans, Moody's Investors Service said on Thursday.

Uptick in economic growth positive for Indian asset backed loans: Moody's

It supports the ability of borrowers to earn income and repay their loans.

12 Apr 2018 3:50 PM

International Monetary Fund chief Christine Lagarde. (Photo:AP)

IMF's Lagarde: Trade protectionism threatens economic growth

IMF in January forecast global growth of 3.9 percent for this year.

11 Apr 2018 11:21 AM

Bolstered by the economic growth observed in 2017, talent acquisition witnessed an uptick across several sectors.

Hiring activity may rise in 2018 on robust economic growth: report

High demand for sales and marketing roles will continue into 2018.

03 Apr 2018 4:05 PM

CPI inflation print for January-February has averaged 4.8 per cent.

RBI to keep policy rates on hold, maintain neutral stance: report

The central bank's next monetary policy review is scheduled for April 5.

26 Mar 2018 2:59 PM

India regained its status as the world’s fastest growing major economy in the October-December quarter, as it grew 7.2 per cent. (Photo: File)

PNB fraud: Goldman downgrades India's economic growth forecasts

Goldman Sachs lowered its real GDP forecast on India for year to March 2019 to 7.6 per cent from 8 per cent earlier.

20 Mar 2018 3:53 PM

The finance ministry said the data indicates a broad-based and significant acceleration of real economic activity, as projected in the Economic Survey.

India overtakes China as fastest growing economy

2018-19 too could bode well for India as the global economy is likely to move up in the New Year.

01 Mar 2018 12:59 AM

In the December policy review, MPC had forecast that the GVA would expand by 6.7 per cent.

RBI lowers economic forecast to 6.6 per cent for FY18

Recapitalisation of PSUs along with resolution of stressed assets under IBC will create demand for fresh investments.

07 Feb 2018 4:09 PM

Assocham also said the concerns over the minimum support price leading to increase in retail inflation are 'exaggerated' as there is no MSP for the vegetables at the ground level. (Photo: File)

Assocham suggests RBI should not hike interest rates in next monetary policy

The Reserve Bank of India is scheduled to announce its sixth bi-monthly monetary policy statement for 2017-18 on February 7.

04 Feb 2018 3:05 PM

India has recorded an average growth rate of 7.5 per cent in the first three years of the Modi government. (Photo: File)

Double-digit difficult for India, but 8 pc economic growth possible by 2021

The Economic Affairs Secretary said that a ten per cent growth rate is not a realistic estimate, but 8 per cent plus is decent.

04 Feb 2018 2:12 PM

Union Finance Minister Arun Jaitley in the Rajya Sabha. (Photo: PTI/File)

Economy will thrive under Jaitely

The stars predict that Arun Jaitley is likely to take several initiatives in 2018 which may lead to important developments in the Indian economy.

04 Feb 2018 6:35 AM

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Karan Thapar