Feb 21, 2017 at 19:52 | Source: PTI
India's ESDM (Electronic SystemDesign and Manufacturing) industry is forecasted to grow at aCompound Annual Growth Rate of 16-23 per cent to reach USD171-228 billion by 2020,a industry specific report today said.
Feb 21, 2017 at 19:52 | Source: Reuters
HSBC's full-year profit slumped 62 percent and fell far short of forecasts on Tuesday as the bank took hefty writedowns from restructuring and flagged near-term brakes on revenue growth.
Feb 16, 2017 at 09:00 | Source: PTI
The IT industry lobby Nasscom today said the sector will grow at the lower end of its revised target in fiscal 2017, but deferred guidance for the next financial year by a quarter, as the headwinds rise.
Feb 10, 2017 at 08:19 | Source: Reuters
Revenue from advertising fell from a year ago and a 4.0 percent year-on-year rise in users to 319 million fell short of Wall Street forecasts as well.
Feb 08, 2017 at 18:00 | Source: PTI
The secretary's statement comes hours after RBI Governor Urjit Patel announced a cut in the growth forecast to 6.9 percent for the current fiscal, from 7.1 percent estimated earlier, even as he said the economy will bounce back to 7.4 percent next fiscal.
Feb 08, 2017 at 15:26 | Source: PTI
The Reserve Bank today kept key interest rates unchanged saying it wants to assess how the transitory effects of demonetisation on inflation and the output gap play out.
Feb 02, 2017 at 20:41 | Source: Reuters
The Bank of England boosted its forecast for British growth in 2017 and some rate-setters were more nervous about rising inflation, but the Bank overall seemed in no rush to raise interest rates as the economy adjusts to the prospect of Brexit.
Jan 31, 2017 at 16:13 | Source: Moneycontrol.com
The forecast on real GDP growth in the range of 6.75%-7.75% for FY18 should translate into a nominal growth of 11-12% for the coming fiscal. The forecast comes with caveat of three imponderables lingering impact of demonetisation beyond the current fiscal, a rise in crude prices and the impact of GST.
Jan 31, 2017 at 15:43 | Source: CNBC-TV18
Speaking to CNBC-TV18, Pranjul Bhandari, Chief India Economist at HSBC, said the Economic Surveys forecast of a 6.75 percent to 7.5 percent growth in the Indian economy was realistic.
Jan 31, 2017 at 13:06 | Source: Reuters
Median forecasts ahead of Finance Minister Arun Jaitley's Budget are broadly in line with figures discussed over the past few days, with deficit forecasts ranging from just under 3 percent to as high as 4 percent for the coming two years. The poll was conducted Jan. 27-30.