Gdp Growth | The Asian Age

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It (India) is one of the fastest growing (economies) even today. It has the best skilled manpower and a government that is continuously doing what is required in the name of reforms, above all democracy and rule of law, FM Nirmala Sitharaman said on Wednesday. (Photo: File)

No better place to invest than in India: Sitharaman

She assured international investors at an interaction session that the government was continuously working to bring reforms.

17 Oct 2019 8:58 AM

India’s industrial output also shrank at its fastest rate in more than six years in August.

World Bank slashes India's growth forecast to 6 per cent for this fiscal year

Asia’s third-largest economy is currently growing at its slowest pace in 6 years, expanding by just 5 pc in the April-June quarter.

14 Oct 2019 9:15 AM

I am not saying boisterous or we are going to have a runaway boom. I am saying that as we are moving ahead, growth will move higher from where it is. We are probably at the trough, Puri said. (Photo: File)

Growth will improve by January but no 'runaway boom': Aditya Puri

A few companies, especially with exposure to the realty space, may face problems in the future, said HDFC's Aditya Puri.

06 Oct 2019 6:26 PM

Market watchers expect the slowdown in consumer goods to worsen further in September quarter from the June quarter levels. Volume growth could be the slowest since Q1FY18.

FMCG Q2 volume growth to be slowest in 2 years

Volume growth could be the slowest since Q1FY18.

04 Oct 2019 1:54 AM

On being asked if the reduction in the corporate tax would help in the revival of the industry, the Godrej Group chairman Adi Godrej said : "It would". (Photo: File)

Govt should provide more stimulus; lower income tax: Adi Godrej

The government should take these measures, although this may increase the fiscal deficit, said the Godrej Group Chairman.

03 Oct 2019 1:10 PM

Despite the slowdown in the economy, hospitality sector is expected to receive support from the positive momentum in the commercial real estate market.

Hospitality RevPAR growth set to improve

Since demonetisation, the growth in Revenue per Available Room (RevPAR) had dropped from 5.5 per cent in 2016 to 1.9 per cent in 2018.

01 Oct 2019 2:14 AM

Union Finance Minister Nirmala Sitharaman.

FM to meet secretaries, financial advisors of key ministries today

The main agenda of this meeting is to discuss measures to revive the economy and push up investments.

27 Sep 2019 11:00 AM

Finance Minister Nirmala Sitharaman (Photo: File)

Economic growth to improve in second half of fiscal 2020: Sitharaman

India’s economic growth in April-June fell to a six year low of 5 per cent.

27 Sep 2019 10:08 AM

NITI Aayog CEO Amitabh Kant. (Photo: PTI)

Challenge before India is to grow at 8-9 pc and sustain it: Kant

The government also announced a slew of measures to boost exports and real estate sector.

25 Sep 2019 1:34 PM

Developing Asia, a group of 45 countries across Asia and the Pacific, will likely grow 5.4 per cent this year and 5.5 per cent next year.

Trade tensions darken growth outlook for developing Asia: ADB

ADB maintained India’s 7.2 per cent growth projection for next year.

25 Sep 2019 9:15 AM

Government will require to scale back expenditure in the second half of the year to keep the overall deficit near 3.5-3.6 per cent of GDP. (Photo: AFP)

DBS expects modest rate cut at RBI's MPC meeting in October

RBI Governor Shaktikanta Das also reinforced his dovish bias due to weak inflation and negative output gap.

23 Sep 2019 3:12 PM

Commerce and industry minister Piyush Goyal. (Photo: File)

Corporate tax cut to give 'necessary fillip' to economy: Piyush Goyal

Corporate tax rate cut for companies by almost 10 percentage points to 25.17 per cent.

20 Sep 2019 2:14 PM

Debroy also said GST collection has been revenue negative so far instead of being revenue neutral.

Wrong to say India on 5 pc growth trajectory: Bibek Debroy

The GDP growth in the April-June quarter of the 2019- 20 fiscal was 5 per cent, according to government data.

20 Sep 2019 2:10 PM

GDP growth slowed for the fifth consecutive quarter in April-June 2019 to 5 per cent, the lowest in six years.

Industry, market cheer slashing of corporate tax rate

Corporate tax rate cut from 30 pc to 25.2 pc to spur growth- this is a great move which will firmly revive growth and investment.

20 Sep 2019 1:21 PM

The government slashed effective corporate tax to 25.17 per cent inclusive of all cess and surcharges for domestic companies.

RBI expects growth to pick up from Q2 on govt spending

Governor also welcomed the government announcement in the morning to slash corporate tax across the board.

20 Sep 2019 1:07 PM

Nifty likely to be in the range of 10750-11100

The Sensex rose 82.79 points or 0.23 per cent to 36563, while Nifty gained 23.05 points or 0.21 per cent to 10840.65.

19 Sep 2019 2:26 AM

Crude oil benchmark, Brent crude futures, surged by almost 20 per cent to USD 71.95 per barrel (intra-day) on Monday after twin drone attacks on Saturday wiped out more than half of Saudi Arabia's crude supply.

Emerging economies like India more vulnerable to big oil price moves: Report

According to the report, when rise in oil prices are driven more by supply-side factors it is more damaging to large net oil importers.

17 Sep 2019 3:00 PM

Can the finance minister stop the spiralling slowdown?

Fiscal Year 2020 a manmade disaster

More than 3.5 lakh workers have been laid-off in the auto sector alone in last two months.

16 Sep 2019 6:46 AM

The slip up was not lost on the netizens who quickly took to Twitter to point out that gravity was discovered by Isaac Newton and Einstein is credited for his theory of relativity. Some even made fun of the statement. (Photo: ANI)

‘Maths never helped Einstein discover gravity’: Union Minister Piyush Goyal on economy

This came within days of FM blaming millennials’ preference for Uber and Ola over owning cars, not high taxes, for slumping vehicle sales.

12 Sep 2019 6:57 PM

There wont be any personal interaction between the taxpayer and the tax officer. This step aims to eliminate corruption in the tax department, said Union minister Anurag Thakur. (Photo: File)

'Faceless tax assessment to eliminate corruption in tax dept': Anurag Thakur

Infrastructure investment of Rs 100 lakh crore will be needed for achieving USD 5 trillion GDP, said Union minister Anurag Thakur.

12 Sep 2019 5:54 PM

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Syed Ata Hasnain