"The fourth quarter results of GDP data showed a phenomenal 7.7 percent growth rate and has established India firmly as the fastest growing global economy. This trend, according to experts, is likely to continue for the next few years," he said.
The worth of the projects bid out last year stands at Rs 6,000 crore while the ministry expects to bid projects worth at least Rs one lakh crore by December this year
The tariffs come at a time when China's economy is already showing signs of weakness.
The revenue deficit was 2.65 per cent of the GDP. In absolute terms, the fiscal deficit was Rs 5.91 lakh crore, or 99.5 per cent, of the Budget estimates.
This report said India has only one decade to change its status into a developed country and will need to focus on education, failing which the much-hailed 'demographic dividend' will turn into a disadvantage.
The president praised overseas Indians for playing an important role in improving bilateral relations.
In the last three years, NABARD has given Rs 2,000 crore every year to the Madhya Pradesh government for works related to roads, bridges and irrigation.
Fiscal deficit of these 13 states sharply fell by 25.1 per cent to Rs 3.2 trillion in FY18 from Rs 4.3 trillion in FY17, partly on account of the contraction in capital spending.
In a latest study, property consultant JLL India has found that 1,283 leasing transactions were closed last year in Grade A office buildings in the eight cities as against 823 during 2013.
Earlier the Cabinet has given in-principle approval for development of a transshipment port at Enayam.
Observing that the Indian economy has grown at a healthy rate of 7.7 percent in the fourth quarter of 2017-18, Modi said the challenge now is to take this growth rate to double digits, which requires more important measures.
Pressure has been mounting on the government to cut excise duty on petrol and diesel to bring down their prices which have gone up following a spike in crude prices in the international market.
Enough of provision has been done, so the recovery would add to the bottomline of the company and also bring down the NPA level.
A day after demonetisation was announced, he had said in Parliament that it would lead to a cut in the growth rate by 1.5 percent, Chidambaram recalled.
Here's a look at how the global economy grew in 2017, in terms of total personal wealth, according to the 2018 Global Wealth Report by The Boston Consulting Group (BCG).
Economists polled by Reuters had forecast industrial production rising 0.2 percent.
Sebi said that it has decided to withdraw the minimum three-year residual maturity restriction on investments made by them in corporate debt securities, government securities as well as state development loans.
Oil imports were up 49.46 percent to USD 11.5 billion on back of surge in international crude prices.
The 25 general insurers wrote a collective premium of Rs 9,744.85 crore in May this year, up by 8 percent from Rs 9,022.46 crore a year ago same month.
The union support has come as a letter to the governor yesterday from the All-India Reserve Bank Employees Association.
Rising crude oil prices, a worsening current account deficit, and a slowdown in foreign investment inflows threaten to upend economic recovery.
Of the over 16,000 km construction target, NHAI has been entrusted with construction of 6,000 km of national highways.
NFRA will also haves powers to investigate and penalise any member or firm of chartered accountants
Post-GST implementation in July last year, the tax revenue of the states has gone up in FY18 due to increased tax compliance and broader tax base.
The $100 billion list will be subject to the same public comment and hearing process as the $50 billion list, so it could take 60 days or more to put into effect, three sources familiar with the Trump administration's thinking on tariff plans.