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Prime Minister Narendra Modi shakes hands with Karnataka CM H.D. Kumaraswamy as West Bengal chief minister Mamata Banerjee, Kerela CM Pinarayi Vijayan and Andhra Pradesh CM N. Chandrababu Naidu look on during the governing council meeting of the Niti Aayog in New Delhi. (Photo: PTI)

Much more is needed for double-digit growth, says Modi

The Prime Minister's Office in a statement added that the world expects India to become a $5 trillion economy soon.

18 Jun 2018 1:16 AM IST

According to HSBC, the public spending component of GVA and the government consumption component of GDP grew at a rapid pace, accounting for roughly one-fifth of overall growth.

Govt says April-May fiscal deficit at 55.3 per cent of full-year...

India expects to trim the deficit to 3.3 per cent of GDP in this fiscal year.

30 Jun 2018 11:26 AM IST

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

GDP to grow at up to 7.5 per cent in FY19, say analysts

Economists at country's largest lender SBI also said that the risk factors to growth continue to remain on the horizon.

1 Jun 2018 3:58 PM IST

October manufacturing PMI data comes in sharp contrast to the robust show by India on World Banks Ease of Doing Business ranking.

Manufacturing PMI growth slows in May, inflationary pressures pick up

India GDP grew at its fastest annual pace in nearly two years during the January-March quarter.

1 Jun 2018 10:49 AM IST

India can benefit from the ongoing challenges in global trade provided it plays its cards well, Commerce and Industry Minister Suresh Prabhu on Monday said.

Economic growth may cross 8 per cent in next 2 years, says Prabhu

India's GDP grew at the fastest pace in seven quarters at 7.7 per cent in the January-March quarter of last fiscal.

8 Jun 2018 4:52 PM IST

RBI's policy stand confirms economic activity is on upswing: Goyal

The finance ministry said it welcomed the monetary policy of the banking regulator.

7 Jun 2018 9:16 AM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

Inflation fears led RBI to hike rates

The governor has, looking ahead, projected high growth and high inflation, which is good and bad news.

7 Jun 2018 1:19 AM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

RBI retains 7.4 per cent GDP growth forecast for FY 2018-19

The Indian economy had grown at 6.7 per cent last fiscal.

6 Jun 2018 3:53 PM IST

According to the last World Bank report 2017, Indias ranking improved by just one notch to 130 from a revised rank of 131 previous year.

World Bank forecasts 7.3 per cent growth for India

India's growth potential is about 7 per cent, and it is currently growing at a pace above its potential.

6 Jun 2018 3:06 PM IST

GDP stands for Gross Domestic Product.

Positive signals on growth are evident

The government should do all that it can to encourage private investment and affordable low-cost housing.

5 Jun 2018 5:48 AM IST

The Cabinet on Wednesday approved the National Policy on Biofuels which allows doping of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone.

It's time the govt took a serious look at economy

The World Bank in its draft World Development Report 2019 said in India the formal sector or industry pays twice as much...

4 Jun 2018 5:45 AM IST

According to HSBC, the public spending component of GVA and the government consumption component of GDP grew at a rapid pace, accounting for roughly one-fifth of overall growth.

'Hand of government' helps Q4 growth: HSBC

Exports, private consumption numbers disappoint.

4 Jun 2018 12:53 AM IST