Gdp Growth | The Asian Age

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The Interim Budget, also known as a vote on account, will seek the Parliament’s nod for meeting the expenditure for the first six months of new fiscal—2019-20. (Photo: ANI)

Union Cabinet approves interim Budget 2019-20

A full-fledged Budget will be presented in Parliament once the new Central government is formed after the General Elections.

01 Feb 2019 11:20 AM

According to the survey, the increase in factory orders was the strongest seen in 13 months.

Jan sees fastest rise in factory orders since Dec 2017; mfg activity edges higher

The Nikkei India Manufacturing Purchasing Managers' Index increased from 53.2 in December to 53.9 in January.

01 Feb 2019 11:10 AM

Piyush Goyal, the interim finance minister, will present the 2019-20 budget to parliament, in the absence of Finance Minister Arun Jaitley, who is currently in the United States for medical treatment. (Photo: PTI | File)

Interim Budget 2019: Highlights

Govt is set to step up rural welfare spending by 16 per cent for the fiscal year beginning April to 1.3 trillion rupees.

01 Feb 2019 9:33 AM

India's share in global GDP rose to 3.3 pc in 2017: President Kovind

Country's GDP has been growing at a rate of 7.3 pc on an average, making India the sixth largest economy in the world.

31 Jan 2019 2:46 PM

Urbanisation to be big driver of Indian economic growth: Kant

Kant said IMF has forecast 7.5 per cent growth for India despite a gloomy outlook for the global economy.

23 Jan 2019 1:01 PM

Factory output as measured in terms of the IIP had grown by 8.5 per cent in November 2017.

India's industrial activity likely to remain subdued in near term: report

Industrial output growth dropped to a 17-month low of 0.5 per cent in November.

23 Jan 2019 12:49 PM

Total exports fell to USD 221.25 billion in December, down 1.4 per cent from November, and 4.4 per cent from the same month in 2017.

China's economy slumps to 28 year low to 6.6 per cent in 2018

China's rate of expansion has raised worries about the potential knock-on effect on the global economy.

21 Jan 2019 10:44 AM

RBI-industry meet: India Inc pitches for rate cut to prop up growth

CII lauded the RBI for steps taken to ease financing challenges faced by the real sector.

17 Jan 2019 5:07 PM

GDP growth would have been even better but for the global headwinds caused by an abrupt rise in crude oil prices and strengthening of the US dollar

GDP growth likely to be tad higher at 7.5 pc in FY20, says Ind-Ra

GDP growth in 2019-20 will be more dispersed and evenly balanced across sectors as well as demand-side growth drivers

17 Jan 2019 4:36 PM

The RBI had also started co-origination of loans with banks and NBFCs which would help the customers in getting a better rate as the cost of funds of banks were low.

May need more currency as GDP size increasing: RBI official

The bank will also be issuing more security features in the currency for which pre-qualification bid notice has been floated.

17 Jan 2019 3:01 PM

Commerce and Industry minister Suresh Prabhu.

District-focused approach to boost GDP growth faster: Prabhu

Prabhu said the country is now targeting to increase the annual FDI inflows to USD 100 billion.

12 Jan 2019 5:12 PM

The discrepancies in the GDP estimates for current fiscal has been pegged at Rs 1,49,331 crore as against Rs 2,23,504 crore in 2017-18.

Agri, manufacturing to push GDP growth to 7.2 pc in 2018-19: CSO

The growth of the manufacturing sector is expected to accelerate to 8.3 per cent this fiscal, up from 5.7 per cent in 2017-18.

08 Jan 2019 10:23 AM

If India’s voters reaffirm their trust in Prime Minister Narendra Modi’s steady hands this year, they will cement its reputation as an oasis of sanity amid global turbulence.

Hope, anxiety loom in 2019, as world on edge

Businesses are also on tenterhooks over the uncertainty of a disorderly Brexit and President Trump’s economic wars.

01 Jan 2019 11:01 PM

In the first quarter of 2018-19 ending June 30, it grew at an impressive 8.2 per cent, after 7.7 per cent in the first three months of the year.

India remains fastest growing economy ahead of China

Indian economy's roller-coaster ride during the year gone by was best captured by the GDP growth.

01 Jan 2019 1:34 PM

The RBI said companies in manufacturing sector posted a net profit of Rs 47,100 crore in the reported quarter.

'Manufacturing sector posts strong sales growth in Q2'

Manufacturing sector sales growth was mainly supported by robust demand conditions in chemical and chemical products.

27 Dec 2018 11:07 AM

Former World Bank chief economist, said distress has been "very much visible in the agriculture sector

Slowing GDP growth cause for concern: Kaushik Basu

The country's economy grew at 7.1 per cent in July-September, the lowest in three quarters.

24 Dec 2018 6:00 PM

Indian women face worse prospects in almost every aspect of their daily lives — education, employment opportunities, health or financial inclusion.

Financial inclusion of women is investment in human resources

India’s flagship financial inclusion programme has significantly changed the demographics.

24 Dec 2018 1:12 AM

Finance minister Arun Jaitley. (Photo: Twitter | ANI)

Jaitley sees 8 per cent plus GDP growth rate as polls near

Economic affairs secretary echoes minister to say a USD 10 trillion economy by 2030.

17 Dec 2018 11:03 AM

RBI governor Shaktikanta Das (Photo: PTI/File)

Economy: Will govt get its act together?

Rural distress has been deepening with farmers taking to the streets, despite the government’s attempt to assuage their difficulties.

14 Dec 2018 12:05 AM

The ratio of gross fixed capital formation to GDP had climbed from 26.5 per cent in 2003, reached a peak of 38.3 per cent in 2007, and then slid back to 26.4 per cent in 2017.

Shift in GDP rates is just clever jugglery

Foreign trade has also slowed down considerably, showing lack of demand and growth.

11 Dec 2018 1:35 AM

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Shobhaa De