Gdp Growth | The Asian Age

Wednesday, May 12, 2021 | Last Update : 02:48 PM IST

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Central bank will likely ease its benchmark rate by 25 basis points again to 5.15 per cent at its October meeting. (Photo: AP)

Indian economy set for weakest quarter of growth in five years: report

The RBI lowered its outlook for the fiscal year 2019-2020 at its August meeting.

27 Aug 2019 11:07 AM

Current account deficit forecast pegged at 2.3 per cent of GDP for 2019-20.

India's GDP to grow at 6 per cent in Apr-Jun: survey

The country's economy grew at 8.2 per cent in April-June 2018-19.

26 Aug 2019 3:46 PM

The impact of rollback of enhanced tax surcharge will be about Rs 1,400 crore.

Announcements made by FM are major enablers to support growth: SBI chairman

Bank recapitalisation at one go will provide a big impetus to credit growth.

24 Aug 2019 5:14 PM

India Inc is worried that the slowdown may deepen further. We need action,” Adi Godrej, chairman of the Godrej Group, said in an interview. (Photo: File)

India Inc grows impatient as economy dips and Modi is distracted

FPIs seeking a tax cut and automakers demanding easier access to finance for dealers and buyers flocked to lobby FM Nirmala Sitharaman.

23 Aug 2019 1:25 PM

Infosys co-founder N R Narayana Murthy. (Photo: PTI)

India's fiscal scene has never been better in 300 years: Narayana Murthy

According to the Forbes magazine, the number of billionaires in India is increasing.

23 Aug 2019 11:36 AM

NITI Aayog Vice Chairman Rajiv Kumar. (Photo: PTI)

'Unprecedented' situation in financial sector: NITI Aayog Vice Chairman

GDP growth is set to slow further in April-June quarter of this year to 5.7 pc amid contraction in consumption, weak investments.

23 Aug 2019 10:45 AM

Two goals of the Narendra Modi government make for an interesting comparison. One is of course the overarching goal of taking the Indian economy to the level of $5 trillion by 2024-25 and the other is doubling the share of public health spending to 2.5 per cent of GDP by 2024-25.

Think big to reach goal of a $5 trillion economy, boost healthcare for all

Actually, the relationship between India’s health sector and GDP growth is much more complex.

23 Aug 2019 1:41 AM

The findings are based on an analysis of 2,976 companies which have reported their quarterly numbers by domestic rating agency Care Ratings. (Photo: Representational | pixabay)

India Inc reports lower revenue, profit growth in Q1: Report

India Inc's net sales growth for the June quarter slid to 4.6 per cent as against 13.5 per cent for the same period last year.

21 Aug 2019 7:13 PM

Despite growth being strong, overall, the investment climate was pretty weak, said Prachi Mishra, India Chief Economist, Goldman Sachs in a podcast wherein she discussed the drivers of India's economy. (Photo: File | AP)

Weak investment, muted monetary transmission big challenges for Indian economy: Goldman

India's GDP growth increased from an average of 6.7 per cent during 2010 to 2014 to 7.3 per cent during 2015 to 2019.

16 Aug 2019 1:34 PM

A rapid GDP growth which involves faster growth in agriculture, and especially in rain-fed areas where most of the poor live, will be much more inclusive than one driven entirely by mining for exports.

Focus on growth process that is most inclusive

GDP simply totals up everything made within an economy in a year, from widgets to whizzy financial products, at their market value.

14 Aug 2019 1:27 AM

According to latest depositories data, foreign portfolio investors (FPIs) withdrew a net amount of Rs 11,134.60 from equities while pumping in Rs 1,937.54 into the debt segment during August 1-9. (Photo: Representational)

FPIs remain in sell-off mode, pull out Rs 9,197 cr in Aug so far

However, analysts said the trend may reverse if the government addresses the tax concerns of overseas investors.

11 Aug 2019 11:55 AM

NEFT operated by the RBI as a retail payment system is available for customers from 8 am to 7 pm on all working days.

RBI to allow round-the-clock fund transfers under NEFT from December

RBI had said that it will make available the NEFT system on a 24x7 basis from December 2019.

07 Aug 2019 1:46 PM

Real GDP growth for 2019-20 is revised downwards from 7 per cent in the June policy to 6.9 per cent, said an RBI stament. (Representational Image)

RBI lowers GDP growth forecast to 6.9 pc for FY'20 on demand, investment slowdown

The RBI said various high frequency indicators suggest weakening of both domestic and external demand conditions.

07 Aug 2019 1:36 PM

Reserve Bank of India's Monetary Policy Committee (MPC) will meet during August 5 to 7, 2019 for the Third Bi-monthly Monetary Policy Statement for 2019-20.

RBI may go for 25 bps rate cut on Wednesday: Report

Consensus expects RBI to lower repo rate by 25 bps to 5.50 pc at its monetary policy meeting on August 7, DBS said.

05 Aug 2019 4:50 PM

In FY19 (2018-19), the gross investment rate, estimated at 31.3 per cent, was able to deliver a real growth rate of 6.8 per cent.

India needs to grow at 9 pc to achieve PM's target of USD 5 trillion economy: EY

The size of the economy will grow to USD 3 trillion from USD 2.7 trillion in the previous year.

05 Aug 2019 9:33 AM

The thin ray of hope is that the second half should find support from expected monetary easing, consumption, and statistical low-base effect, experts at Crisil felt.

Crisil cuts GDP to 6.9 per cent

India’s GDP had grown at 8.2 per cent in fiscal 2017, the fastest in a decade.

02 Aug 2019 2:17 AM

Reserve Bank has cut its key rates thrice by a cumulative 0.75 per cent to a nine-year low of 5.75 per cent.

Nomura: June GDP to print in at 5.7 pc on demand slump, NBFC mess

Economy lost the verve and slipped to five-year low of 5.8 per cent in the March quarter.

30 Jul 2019 2:48 PM

This budget is a paradigm shift in saying that we will achieve accelerated growth and job generation but with the primacy of private investment. That is what our focus is - that will then generate the jobs, said Niti Aayog Vice-Chairman Rajiv Kumar. (Photo: File)

India will achieve 8 pc plus growth from FY 2020-2021 onwards: NITI Aayog

The foundation has been laid and transformation has begun with reforms like GST, IBC said Niti Aayog V-C Rajiv Kumar.

22 Jul 2019 7:04 PM

India will achieve 8 pc plus growth from FY 2020-2021 onwards: Rajiv Kumar

Kumar emphasised that a very large number of jobs have been generated in the country in the last five years.

22 Jul 2019 10:09 AM

According to the latest data available with depositories, a net sum of Rs 7,712.12 crore has been pulled out from equities during July 1-19. (Photo: Representational)

FPIs withdraw Rs 7,712 cr from stocks in July so far

FPIs had been net investors in the equity segment in the previous five months.

21 Jul 2019 11:16 AM

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Sunanda K Datta Ray