Gdp Growth | The Asian Age

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The Indian manufacturing sector made further progress midway through the final quarter of FY18.

Feb mfg activity hits 14-month high as sales, output, employment accelerate

The Nikkei India Manufacturing Purchasing Managers' Index rose to 54.3 in February, from 53.9 in January.

01 Mar 2019 11:23 AM

The median forecast from more than 55 economists polled on Feb 19-25 was for growth of 6.9 per cent, compared with 7.1 per cent in July-September.

India's growth momentum likely slowed in late 2018: report

Forecasts for the GDP number, due for release on Feb 28 at 1200 GMT, ranged between 6.3 per cent and 7.9 per cent.

26 Feb 2019 10:34 AM

MPC delivered a surprise repo rate cut in a 4-2 split vote this month while members unanimously agreed to move the policy stance to ‘neutral’.

India needs to spur growth amid low inflation outlook: RBI's MPC

RBI has lowered its inflation target for April-September to 3.2-3.4 per cent from the 3.8-4.2 per cent seen in Dec.

22 Feb 2019 11:29 AM

India to grow at a faster pace; could be second-largest economy by 2030: PM

India has shown tremendous resilience as an anchor of the world economy, says PM Modi.

11 Feb 2019 12:32 PM

The six-member Monetary Policy Committee voted 4:2 in favour of the rate cut, while the decision to change policy stance was unanimous.

RBI rate cut to boost growth, make loan affordable: India inc

RBI cut benchmark interest rate by 0.25 per cent to 6.25 per cent on expectation of inflation staying within its target range.

09 Feb 2019 10:56 AM

Prime Minister Narendra Modi (Photo: PTI)

On the jobs front, all is still not well

The government insists that all is well on the jobs front in Mr Modi’s “New India”.

08 Feb 2019 12:47 AM

RBI surprisingly reduced the repo rate by 25 basis points to 6.25 per cent and also changed the policy stance to 'neutral'.

RBI to ensure adequate liquidity to all sectors

Total durable liquidity injected through open market operations has reached Rs 2.36 lakh crore.

07 Feb 2019 1:25 PM

RBI had projected the GDP growth for 2018-19 in the December policy at 7.4 per cent (7.2-7.3 per cent in H2) and at 7.5 per cent for H1:2019-20.

RBI projects 7.4 per cent GDP growth for FY20

GDP growth is likely to be influenced by growth in bank credit and overall financial flows to the commercial sectors.

07 Feb 2019 12:41 PM

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

Four of six members of the MPC voted to cut the rates, while all six members voted for a change in the stance.

07 Feb 2019 12:08 PM

The government has budgeted for total expenditure growth of 13.3 per cent annually in 2019-20 from 14.7 per cent in the current fiscal.

Cash transfer to farmers, middle-class tax relief to boost growth: Moody's

GST collections will continue to pose risks to indirect tax collections if they fall short of budgeted expectations.

05 Feb 2019 5:47 PM

Moody's said the Budget proposals are positive for the real estate sector but negative for state-owned oil and gas companies. (Photo: AFP)

Fiscal slippage for two consecutive years credit negative: Moody's

Government announced slippage from its original fiscal deficit targets to 3.4 per cent of GDP both for the fiscal years

05 Feb 2019 12:14 PM

For the next fiscal, fiscal deficit has been pegged at 3.4 pc of GDP, up from 3.1 pc as per the fiscal consolidation roadmap outlined earlier.

India's sovereign rating profile to be evaluated based on post-election Budget: Fitch

The government's projections suggest a stabilisation of the central government deficit at 3.4 per cent of GDP next year.

02 Feb 2019 1:29 PM

Finance Minister Piyush Goyal on Friday proposed an array of incentives for both middle-class and farmers. (Representational Image)

Interim Budget focused on rural and agriculture sector: DBS bank

Govt revised up the FY19 fiscal deficit at -3.4 per cent of the GDP vs -3.3 per cent in the budgeted estimate.

02 Feb 2019 12:17 PM

Piyush Goyal also praised PM Modi's way of doing his work continuously, and to take development to every single person across the field. (Photo: PTI)

Budget 2019: Goyal lambasts opposition, highlights NDA's achievements in last 5 yrs

Government successfully reduced inflation rate to 4.5 per cent from 10 per cent.

01 Feb 2019 6:27 PM

Increase in disposable income in the hands of both middle class and rural India is definitely going to spur demand.

Farmers, middle class-friendly Budget to boost economic growth: India Inc

Farmers and workers in unorganised sector leading to more disposable income in their hands, India Inc.

01 Feb 2019 4:39 PM

The budget, which was focused on giving big push to investment in agriculture, small and medium industries, and health sectors, is NDA government’s last budget before the general elections. (Photo: ANI | Twitter)

Budget 2019: Full text of finance minister Piyush Goyal’s speech in Parliament

Union finance minister Piyush Goyal presented the interim Budget for 2019-20 in the Lok Sabha on Friday.

01 Feb 2019 2:47 PM

The country witnessed its best phase of macro-economic stability during this period," Goyal said.

India to become USD 5 trillion economy in 5 yrs, USD 10 trillion in 8 yrs: Goyal

India is the fastest-growing major economy in the world and that the GDP growth in the past 5 years.

01 Feb 2019 2:39 PM

Finance Minister Goyal said: 'On behalf of all the people of India and our Government, thank all our taxpayers for their valuable contribution to nation-building and for providing a better quality of life to poor and marginalised.' (Photo: ANI)

Budget 2019: FM Piyush Goyal says no tax on income up to Rs 5 lakh

Around 3 crore middle-class taxpayers will get tax exemption due to this measure.

01 Feb 2019 1:29 PM

98 per cent rural sanitation coverage achieved, Interim Finance Minister Piyush Goyal said. (Photo File: Ani Twitter)

Union Budget: Here's what's good and bad

Goyal presented Budget in a last ditch bid to woo the electorate with several popular measures.

01 Feb 2019 12:39 PM

The inflation came down to as low as 2.19 per cent in December 2018.

Govt broke the back of high inflation: Piyush Goyal

Goyal said during the previous UPA government (2009-14), inflation averaged as high as 10.1 per cent.

01 Feb 2019 12:12 PM

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Mohan Guruswamy