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Investments would create opportunities for both domestics and foreign companies to supply equipment and services profitably in this massive infra-modernisation plans.

Budget sent positive signals to investors: experts

India will improve the ease of doing business for Foreign Direct Investors (FDIs) by abolishing FPIB.

2 Feb 2017 3:55 PM IST

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

'GDP growth in FY'19 likely to see marginal pick up at 7.2 per cent'

Public investment is also constrained by a strict 3.2 per cent of GDP center's fiscal deficit target in FY18-19.

6 Dec 2017 4:18 PM IST

Global rating agency Fitch on Monday slashed its GDP forecast for India for FY18 saying growth has repeatedly disappointed in recent quarters.

Fitch cuts India's GDP forecast to 6.7 per cent for FY18

It said FY19 forecast has been cut to 7.3 per cent from 7.4 per cent.

5 Dec 2017 12:54 AM IST

Fitch, however, expects GDP growth to pick up in the next two years on back of gradual implementation of the structural reform agenda and higher real disposable income. (Photo: File)

Fitch cuts India's GDP growth forecast for current fiscal year to 6.7...

It also cut GDP growth forecast for 2018-19 fiscal year to 7.3 per cent from 7.4 per cent predicted in its Sept Global...

4 Dec 2017 8:56 PM IST

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

RBI likely to keep interest rate on hold for 2nd time in a row

Central bank had reduced benchmark lending rate by 0.25 percentage points to 6 per cent in August.

4 Dec 2017 10:08 AM IST

Former Prime Minister Manmohan Singh. (Photo: PTI/File)

Too early to say low growth trend reversed: Manmohan

Singh also said at this rate it is not possible for the Narendra Modi government to equal UPA government's 10-year...

2 Dec 2017 6:18 PM IST

The decline in retail inflation has been mainly on account of falling prices of vegetables and pulses.

Retail inflation for industrial workers up 3.24 per cent in October

Consumer price index for industrial workers, stood at 3.24 per cent for October, 2017.

1 Dec 2017 6:43 PM IST

Finance Minister Arun Jaitley (Photo: AP)

GST made doing business easier for traders: Jaitley

GST has made doing business easier for traders by expanding market place and reducing tax compliance burden.

1 Dec 2017 2:29 PM IST

Mukesh Ambani has been instrumental in launch of RILs telecom arm Reliance Jio. (Photo: PTI)

India's economy will double to USD 5 trillion by 2024: Mukesh Ambani

Ambani was optimistic that India can become more prosperous than the US and China within this century.

1 Dec 2017 1:56 PM IST

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

India's Nov manufacturing PMI sees fastest pace of growth since Oct...

Nikkei India Manufacturing Purchasing Managers' Index rose from 50.3 in October to 52.6 in November.

1 Dec 2017 11:22 AM IST

As per new IMF projections, Indias growth in 2016 is now estimated to be 6.6 per cent as against 7.6 per cent earlier. (Photo: AFP)

IMF to update India's growth rate forecast in January

Recently US-based Moody's upgraded India's sovereign rating after a gap of 13 years to Baa2.

1 Dec 2017 9:53 AM IST

Economic Affairs Secretary Shaktikanta Das. (Photo: ANI/Twitter)

India will grow at 7 per cent plus next fiscal: Das

RGovernor Urjit Patel announced a cut in the growth forecast to 6.9 per cent for the current fiscal.

8 Feb 2017 6:11 PM IST