Tag: growth
Note Ban To Drag Down India's GDP This Fiscal To 6.6%: IMF
India's GDP growth during the current fiscal ending March has been estimated by the International Monetary Fund to slow down to 6.6 per cent due to the temporary disruptions caused by the government's demonetisation drive, the multilateral lender said on Wednesday.....
Never Any Talk By The Government About Fiscal Stimulus: Says Jaitley
There was never any talk by the Indian government about announcing a fiscal stimulus package for boosting the economy, Finance Minister Arun Jaitley asserted. ....
Moody's Upgrades India's Sovereign Rating
US credit rating agency Moody's on Friday upgraded India's sovereign rating to Baa2 from its lowest investment grade of Baa, while changing the outlook for the country's rating to stable from positive, and said its was based on the Indian government's "wide-ranging programme of economic and institutional reforms".....
Early To Conclude Economic Recovery From Note Ban, GST Impact: Manmohan Singh
Former Prime Minister Manmohan Singh on Saturday said it was too early to conclude that the economic slowdown has reversed as the 6.3 per cent growth rate in the July-September quarter did not take into account the small and medium sector which suffered huge losses in the aftermath of demonetisation and hasty implementation of GST.....
November Inflation Up At 4.88%, Factory Output Growth Dips
A sharp spurt in food and fuel prices pushed India's annual retail inflation in November over the RBI's median level of 4 per cent, even as factory output growth in October contracted to 2.2 per cent official data showed on Tuesday.....
Modi's 'economic Mismanagement' Decelerated Growth: Congress
The Congress on Wednesday slammed Prime Minister Narendra Modi for the slowdown in GDP and said the government's "gross economic mismanagement" decelerated India's growth story.....
India To Regain World's Fastest Growing Economy Title Next Year: Economic Survey
India's Economic Survey for 2017-18 has pegged the country's growth at 6.75 per cent for the current fiscal and 7 to 7.5 per cent for 2018-19 while cautioning that increase in crude oil prices in international market may dampen the spirit. ....
Indian Economy To Advance 7.3% In 2018-19, Fastest Growing: World Bank
India is projected to regain its position as the world's fastest growing major economy advancing 7.3 per cent this fiscal year and 7.5 per cent in the next two "as factors holding back growth in India fade", according to the World Bank forecasts.....
At NITI Meet, Modi Moots Double Digit Growth, Linking MNREGA To Agriculture
The fourth annual meeting of the NITI Aayog's Governing Council was conducted on Sunday in which Prime Minister Narendra Modi, who chaired the meet, gave the target of achieving double digit economic growth as well as the idea to link MNREGA employment with agriculture, among other things.....
Jaitley Lauds GDP Growth, Says Job Creation Is On Track
In yet another long blog, Finance Minister and senior BJP leader Arun Jaitley on Monday lauded the fourth quarter GDP growth of 7.7 per cent saying the future looked much brighter than the past.....
