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Indian economic growth News

11 Oct 2022

IMF cuts India's economic growth forecast to 6.8 pc in 2022

Global growth is forecast to slow from 6.0 per cent in 2021 to 3.2 per cent in 2022 and 2.7 per cent in 2023. This is the weakest growth profile since 2001, except for the global financial crisis and the acute phase of the COVID-19 pandemic.

31 Aug 2018

India's economy grows at robust 8.2 percent in June quarter

India's economic growth surged to a more than two-year high of 8.2 percent in the three months through June from a year earlier, powered by a strong performance of manufacturing and consumer spending.

Economy lowdown

02 Sep 2017

Slowdown-hit Indian economy counts costs of stronger rupee

India`s stronger currency has become a threat for its growth aspirations

27 Feb 2017

Q3 GDP estimate to factor in effect of demonetisation

The Central Statistics Office(CSO) on Tuesday, will unveil the revised advance estimate of India GDP growth in 2016017. In the wake of the cash ban, a number of think-tanks and experts have lowered their projections of GDP growth for FY17 to even below 7.1 percent.

05 Dec 2016

Indian economy will grow five-fold by 2040; has shown more resilience, says PM Modi

Prime Minister Narendra Modi on Monday said that India’s economy is expected to grow five fold by 2040, and has shown signs of more stability and resilience than any other economy in the world.

Indian economic growth

20 Nov 2016

'GDP to fall by up to 1 percentage points post demonetisation, follow-up reforms key'

India's economic growth is expected to fall by up to 1 percentage points over the next 12 months in the wake of demonetisation, while longer-term gains will depend on follow-up reforms, says an HSBC report.

11 Nov 2016

PM Narendra Modi says India aims to be world's most open economy

Prime Minister Narendra Modi today invited Japanese investments, saying India has a huge and substantial need for finances and his government was pursuing reform policies to make the country the world's "most open" economy.

30 Aug 2016

Indian economy to grow at 7.8% in 2016-17: Survey

India's economy is likely to expand 7.8 percent during the current financial year on the back of good monsoons, said economists polled by Ficci.

17 Jun 2016

'Economic growth likely to decelerate in Q1 FY17'

Economic growth in the first quarter of the current fiscal may have decelerated and is unlikely to pick up for rest of the year due to slowing private capex and restricted bank credit, a report said.

Indian economic growth

20 May 2016

Indian economy estimated to grow at 7.6%; low fuel prices, reforms key growth drivers: FM

Indian economy is estimated to register 7.6% growth in 2015-16, despite contraction of global exports and two years of shortfall in monsoon, said the Finance Minister Aruin Jaitely on Friday.

India GDP growth

02 May 2016

'Good monsoon, consumer spending to see India GDP grow at 7.4% in FY17'

The Indian economy is expected to clock a GDP growth of 7.4 percent this fiscal largely driven by the lagged impact of a good monsoon and increased consumer spending, supported by pay commission awards, a Standard Chartered report said.

Indian economic growth

24 Apr 2016

'India to clock nearly 8% GDP growth in 2016-17'

India's economy is likely to clock nearly 8 percent growth in the current fiscal on the back of robust private consumption, which has benefited from lower energy prices and higher real incomes, according to PHD Chamber of Commerce.

Ease of Doing Business

29 Mar 2016

India business sentiment falls in March: Survey

Indian business sentiment fell for the first time in three months in March as companies faced lower demand amid rising input prices adding to expectations of an interest rate cut by the Reserve Bank, says a survey.

Indian economic growth

21 Mar 2016

'Indian economy to grow 7.7% in 2016-17'

Rating agency ICRA on Monday projected Indian economic growth to improve to 7.7 percent in next fiscal, led by domestic consumption demand on the back of implementation of 7th Pay Commission and OROP recommendations.

Indian economic growth

21 Mar 2016

'Indian economy to grow 7.7% in 2016-17'

Rating agency ICRA on Monday projected Indian economic growth to improve to 7.7 percent in next fiscal, led by domestic consumption demand on the back of implementation of 7th Pay Commission and OROP recommendations.

Global brokerage firm

19 Feb 2016

'Pushing GDP over fiscal discipline to be counter-productive'

The government's likely approach of giving priority to growth numbers at the expense of fiscal consolidation could prove "counter-productive", says HSBC.

Indian economic growth

07 Feb 2016

Indian economic recovery losing steam: Nomura

India's economic recovery is losing some steam and there is a likelihood of slowdown in the growth momentum, says Japanese financial services firm Nomura.

India's GDP Growth

30 Nov 2015

India GDP for second quarter 2015-16 grows at 7.4%; manufacturing spikes 9.3%

India's GDP for the second quarter of 2015-16 is 7.4%, slightly more than 7.1% growth observed in the first quarter.

Prime Minister Narendra Modi in Malaysia

22 Nov 2015

India to grow faster than 7.5% in coming years: PM

In Malaysia, Prime Minister Narendra Modi projected India as a bright spot amid global slowdown, and said Indian economy is set to grow faster than 7.5% in the coming years.

Ravi Shankar Prasad

14 Feb 2015

4G will revolutionise telecom sector, help growth: Prasad

Communications and IT Minister Ravi Shankar Prasad on Saturday said fourth generation (4G) technology will be the next revolution in the telecom sector with a lot of potential for India`s economic growth.

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