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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.

NSC seeks public comment on GDP back series report

The govt has maintained that the GDP Back Series Report 2011 was an unofficial document that has not been accepted by...

23 Aug 2018 5:34 PM IST

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

13 per cent reckless growth was possible

This has result in a heated debated between Congress and BJP as the report comes before the elections next year.

22 Aug 2018 5:15 AM IST

Indian economy, GDP, slipped to a record low rate in August. (Photo: AP)

Economy seen growing at steady 7.6 per cent pace in April-June: report

Retail inflation rate slowed in July to a four-month low of 4.17 pc, slightly above the central bank's 4 per cent...

29 Aug 2018 10:44 AM IST

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

Current account deficit to hit 2.8 per cent of GDP in FY19: SBI report

The merchandise trade imbalance is also expected to rise to USD 188 billion in FY19.

27 Aug 2018 3:11 PM IST

Union finance ministry Arun Jaitley

Series of reforms transformed economy: Arun Jaitley

Macroeconomic outlook broadly favorable and growth forecast rising to 7.3 per cent in FY 2018-19.

27 Aug 2018 9:28 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.

Indian economy vs the Maya Jaal

The government was legitimately proud that India has gone up in the scale of Ease of Doing Business.

26 Aug 2018 5:41 AM IST

Former RBI governor Raghuram Rajan on Friday said universities need to be safe spaces. (Photo: AP/File)

Rupee has not depreciated to a worrying level, says Rajan

The rupee on August 16 had slumped to a life-time low of 70.32 on strong demand for the US dollar.

25 Aug 2018 10:17 AM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

Sudden depreciation or appreciation of Rupee not good: SBI

Rupee had experienced an orderly depreciation as it moved from Rs 64 to a dollar to Rs 70 over a span of five to six...

24 Aug 2018 12:32 PM IST

PM Narendra Modi with MoS Manoj Sinha during the launch of India Post Payments Bank in New Delhi on Saturday. (Photo:G.N. JHA)

PM Modi blames Congress for bad loan mess, vows recovery

Launches India Post Payments Bank with network of 1.55 Lakh branches.

2 Sept 2018 4:46 AM IST

'Data confirms economic cost of DeMo was higher than benefits...'

There will also be some offsetting increase in revenues, given the effect on oil prices on inflation, says Arvind...

2 Sept 2018 5:31 AM IST

The government aims to contain the fiscal deficit for FY18 to 3.2 per cent of the GDP, and 3 per cent in FY19.

GDP growth surges over 8 per cent, boost for Modi before election

Economic affairs secretary, told reporters the govt will stick to the fiscal deficit target of 3.3 pc of GDP this fiscal...

1 Sept 2018 10:55 AM IST

The policy aims to achieve USD 300 billion (over Rs 20 lakh crore) worth of textile exports by 2024-25 and create an additional 35 million jobs.

GST effect: Hundreds of thousands laid off despite growth

Complexities of GST have driven many small enterprises out of business and forced hundreds of thousands out of jobs.

6 Sept 2018 9:30 AM IST