Gdp Growth | The Asian Age

Tuesday, Apr 20, 2021 | Last Update : 09:16 PM IST

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There will be progressive decline of employment in the manufacturing sector and therefore new avenues of employment has to be created in the services sector.

It’s the economy, stupid!

As regards employment problems that plague the MSME sector, they should be tackled in a time bound manner.

09 Jun 2019 1:17 AM

The Sensex and Nifty-50 fell close to 1.5 per cent with financials taking a huge cut. Sensex fell 553.82 points or 1.38 per cent to 39,529.72 while the Nifty-50 fell 177.90 points or 1.48 per cent to 11,843.75.

Short-term trend of Nifty looks negative

Among the sectoral indices Nifty Bank fell 2.32 per cent while Nifty PSU Bank fell 4.90 per cent.

07 Jun 2019 7:13 AM

Instructions to banks in this regard will be issued within a week," the central bank said.

RBI removes charges on RTGS/NEFT transactions; asks banks to pass on benefits

RBI has decided to set up a committee to review the charges levied on the use to ATMs.

06 Jun 2019 12:53 PM

Hlights of the second bi-monthly monetary policy announced by the RBI on Thursday.

Highlights of RBI's monetary policy statement

Raises retail inflation forecast for Apr-Sept to 3-3.1 per cent and 3.4-3.7 per cent in Oct-March.

06 Jun 2019 12:48 PM

RBI cuts key rate by 25 bps, changes neutral policy stance to accommodative

Benchmark interest rate was cut by 0.25 per cent to 5.75 per cent from 6.00 per cent.

06 Jun 2019 12:04 PM

Young climate activists demonstrate in front of the Finnish Parliament building in Helsinki, Finland, on May 24, a global day of student protests aiming to spark world leaders into action on climate change. (Photo: AP)

With climate change upon us, eco-friendly tech, sustainability the only way forward

An environment-friendly means of development is the most logical answer if we wish to survive in this universe.

05 Jun 2019 2:33 AM

Beginning a three day review on Tuesday, the RBI’s six-member monetary policy committee (MPC) can draw comfort from subdued inflation.

RBI may cut rates, turn 'accommodative' after dismal GDP

Analysts say policymakers should also find ways to boost banks’ liquidity to ensure they drop their lending rates too.

04 Jun 2019 10:31 AM

The growth in gross domestic product (GDP) was slowest since 2014-15.

GDP growth slows to five-year low at 5.8 per cent in January-March

GDP growth during 2018-19 fiscal stood at 6.8 per cent, lower than 7.2 per cent in the previous financial year.

31 May 2019 6:00 PM

The fiscal deficit for 2018-19 works out to be 3.39 per cent of GDP, as per data released by Controller General of Accounts (CGA).

Fiscal deficit lower at 3.39 per cent in 2018-19

Fiscal deficit at the end of March 31, 2019, stood at Rs 6.45 lakh crore as against Rs 6.34 lakh crore.

31 May 2019 5:52 PM

The economy needs far faster growth if it is to generate enough jobs for the millions of young people entering the labour market each month. (Photo; G.N. Jha)

India to see 'big-bang' reforms in Modi's second term, says NITI Aayog official

India’s economic growth rate decelerated to a five-quarter low of 6.6 per cent in the last three months of 2018.

31 May 2019 11:43 AM

Ind-Ra said 2018-19 will be the second consecutive year of an economic slowdown in India. (Photo: PTI)

Ind-Ra expects FY19 GDP growth at 6.9 pc, lower than CSO estimate

The GDP growth was 7.2 per cent during 2017-18.

27 May 2019 3:36 PM

Prime Minister Narendra Modi. (Photo: PTI)

New govt faces challenges of arresting slowdown, creating jobs: Economists

Economic growth slipped to a five-quarter low of 6.6 per cent in October-December 2018.

24 May 2019 2:19 PM

15th Finance Commission chairman N K Singh.

Land, labour reforms to push economic growth: N K Singh

Central government debt is estimated at 48.9 per cent as a percentage of GDP for 2018-19.

17 May 2019 2:20 PM

The increase in international oil prices is a credit negative for the Indian economy.

Indian consumers face post-election fuel price shock, economy could be hit

India’s oil import bill rose by nearly one-third in the fiscal year ending Mar 31 to USD 140.5 bn, against USD 108 bn.

27 Apr 2019 11:26 AM

India has retained its position as the world's fastest growing major economy.

India's growth trajectory holds immense potential for stakeholders: United Nations

Indian economy has been growing over 7 per cent for several years and the forecast for the future is equally robust.

20 Apr 2019 12:23 PM

High growth achieved by India not possible without job creation: Kant

The Niti Aayog CEO also pitched for opening up of mining and coal sectors for boost job creation.

18 Apr 2019 8:52 AM

Analysts polled by Reuters expect China to report gross domestic product (GDP) grew 6.3 per cent in the January-March quarter from a year earlier, the slowest pace since the first quarter of 1992, the earliest quarterly data on record.

China first-quarter GDP growth seen cooling to 6.3 per cent: Report

In March, Beijing announced billions of dollars in additional tax cuts and infrastructure spending on top of measures last year.

15 Apr 2019 1:18 PM

RBI to remain watchful on growth, financial stability: Shaktikanta Das

India’s current account deficit is expected to be around 2.5 per cent of GDP in 2018-19.

13 Apr 2019 11:42 AM

The previous low in IIP growth was recorded in June 2017, when factory output contracted 0.3 per cent. (Photo: PTI)

Industrial output growth drops to 20-month low of 0.1 pc in February

During April-February 2018-19, industrial output grew at 4 per cent as against 4.3 per cent.

13 Apr 2019 9:02 AM

General government debt is projected to rise over the medium term to over 72 per cent of the GDP by 2024. (Photo: AFP)

Some reforms in India show benefits of digitalisation: IMF

India have shown the benefits of digitalisation which has also reduced the opportunities for discretion and fraud, says IMF.

10 Apr 2019 10:42 AM

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Aakar Patel