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Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

Fitch cuts India's FY20 GDP growth forecast to 5.5 per cent

GDP expansion will pick up to 6.2 per cent in the next financial year (2020-21) and to 6.7 per cent in the year after.

24 Oct 2019 2:20 PM IST

The rupee rose sharply against the US dollar while bonds climbed for a second day on hope that the higher than estimated surplus transfer by the central bank to the government would ease fiscal and current account deficit concerns.

Rupee ends flat at 71.14 versus US dollar

The gains in the rupee were capped by crude oil hitting the USD 60 per barrel mark, forex brokers said.

18 Oct 2019 6:36 PM IST

Finance minister Nirmala Sitharaman during a press conference in New Delhi on Saturday. (Photo: Asian Age)

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...

17 Oct 2019 8:58 AM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

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

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

14 Oct 2019 9:15 AM IST

HDFC Bank managing director Aditya Puri

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.

6 Oct 2019 6:26 PM IST

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.

4 Oct 2019 1:54 AM IST

Godrej Group chairman Adi Godrej

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...

3 Oct 2019 1:10 PM IST

40% anticipate GDP growth to range between 6.5-7% in FY18 which is in line with various international organisations.

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...

1 Oct 2019 2:14 AM IST

Fiscal deficit for the financial year 2016-17 is budgeted at 3.5 per cent.

Fiscal deficit hits 102 per cent of Budget estimate till Oct

The government has pegged its total expenditure for 2019-20 at Rs 27.86 lakh crore.

29 Nov 2019 7:41 PM IST

The report also does well to emphasise that higher trade-to-GDP ratios are a signal of competitiveness and an entry point for coupling the Indian economy with the international economy, including through global value chains.

India's GDP growth further dips to 4.5 pc in July-Sept

The Gross Domestic Product (GDP) growth was registered at 7 per cent in the corresponding quarter of 2018-19.

29 Nov 2019 6:07 PM IST

It affirmed the Baa2 foreign-currency and local-currency long-term issuer ratings for India.

India's economy seen growing at 4.7 per cent in September quarter

PM Modi's govt has taken several steps, including cutting corporate tax in Sept, to boost investments and bolster...

29 Nov 2019 12:55 PM IST

Chief Economic Adviser K V Subramanian. (Photo: Twitter)

Cut in corporate tax rate important for investments: CEA Subramanian

India's economy grew at 5 per cent in the first quarter of 2019-20 -- the slowest pace in over six years.

29 Nov 2019 12:12 PM IST