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  • India's economy returns to growth after shrinking for two quarters Feb 26, 2021 09:12 PM IST

    India's economy returns to growth after shrinking for two quarters

    Gross domestic product grew 0.4% in October-December compared with the same period a year earlier, data released by the National Statistics Office on Friday showed. That compared with revised contractions of 7.3% in July-September and 24.4% in April-June.

  • Don't expect GDP growth to turn positive in FY21: Nirmal Bang Aug 28, 2020 05:29 PM IST

    Don't expect GDP growth to turn positive in FY21: Nirmal Bang

    The GDP growth in the April-June quarter is likely to decline by around 16.8 percent year-on-year, according to a research report by Nirmal Bang .

  • Debt increased by 71% in 5 years, address it in budget: Cong tells govt Jan 28, 2020 05:43 PM IST

    Debt increased by 71% in 5 years, address it in budget: Cong tells govt

    Congress spokesperson Gourav Vallabh said the increase in the rate of per capita debt (10.3 percent) is twice as compared to the rate of per capita GDP (5.3 percent) in CAGR terms.

  • Editor's Take | Q2FY19 growth slows to 7.1% Dec 01, 2018 11:30 AM IST

    Editor's Take | Q2FY19 growth slows to 7.1%

    M Saraswathy is in conversation with Deputy Executive Editor Ravi Krishnan, to look into the reasons for the decline in GDP, and also evaluate the potential implication that the numbers could have as India goes to the polls next year.

  • No agrarian crisis; India proved demonetisation critics wrong: Jaitley May 02, 2017 03:19 PM IST

    No agrarian crisis; India proved demonetisation critics wrong: Jaitley

    Finance Minister Arun Jaitley said that the government's move to do away with 86% of the currency last November had not triggered a slowdown and agriculture sowing had in fact increased.

  • US fourth-quarter economic growth revised higher, boosted by consumer spending Mar 30, 2017 07:20 PM IST

    US fourth-quarter economic growth revised higher, boosted by consumer spending

    US economic growth slowed less than previously reported in the fourth quarter as robust consumer spending spurred the largest increase in imports in two years.

  • US pending home sales surge to 10-month high Mar 29, 2017 10:25 PM IST

    US pending home sales surge to 10-month high

    Contracts to buy previously owned US homes jumped to a 10-month high in February, pointing to robust demand for housing ahead of the busy spring selling season.

  • Boosting private sector investment in India challenging: Arvind Subramanian Mar 29, 2017 09:02 AM IST

    Boosting private sector investment in India challenging: Arvind Subramanian

    Annual gross domestic product (GDP) growth for the October-December period came in at 7.0 percent, a tad slower than 7.4 percent in the previous quarter but much faster than the 6.4 percent expansion forecast by economists in a Reuters poll.

  • Factory output grows 2.7% in January; sparks revival hopes Mar 10, 2017 05:46 PM IST

    Factory output grows 2.7% in January; sparks revival hopes

    Given the contraction in the same month last year, the surge in industrial output in January could be partly due to base effect — a statistical phenomenon that makes even small changes look large.

  • China's corporate debt levels are excessively high:PBOC governor Mar 10, 2017 10:59 AM IST

    China's corporate debt levels are excessively high:PBOC governor

    Banks cannot support firms with high leverage, People's Bank of China Governor Zhou Xiaochuan told reporters at a news conference on the sidelines of the annual parliament session in Beijing.

  • Govt may unveil IIP, WPI with 2011-12 base year by April-end Mar 06, 2017 01:36 PM IST

    Govt may unveil IIP, WPI with 2011-12 base year by April-end

    The change in the baseline for IIP and WPI, currently at 2004-05, is expected to bring in more accuracy in mapping the level of economic activity and calculating other numbers like national accounts.

  • Expect Q4 GDP to moderate to 6.4%: Moody's Mar 01, 2017 11:10 PM IST

    Expect Q4 GDP to moderate to 6.4%: Moody's

    Speaking to CNBC-TV18, William Foster of Moody's said that NPA is a prolonged weakness that is still not addressed and there is no clear method in place to resolve the issue.

  • 'Too early to celebrate' India's GDP beat: Former FM Chidambaram Mar 01, 2017 11:46 AM IST

    'Too early to celebrate' India's GDP beat: Former FM Chidambaram

    Official data showed India's gross domestic product (GDP) grew 7 percent annually for the quarter, sharply beating expectations for a 6.4 percent growth rate in a Reuters poll. The economy slowed from the September quarter's 7.3 percent annual growth rate.

  • US fourth-quarter economic growth unrevised at 1.9% Feb 28, 2017 07:33 PM IST

    US fourth-quarter economic growth unrevised at 1.9%

    US economic growth slowed in the fourth quarter as previously reported, with robust consumer spending offset by downward revisions to business and government investment.

  • States' fiscal deficit will rise to 3.3% in 2017-18: Ind-Ra Feb 27, 2017 02:54 PM IST

    States' fiscal deficit will rise to 3.3% in 2017-18: Ind-Ra

    "The aggregate fiscal deficit of Indian states is expected to increase marginally to 3.3 percent of gross domestic product (GDP) in FY18 from the forecast of 3.2 percent for FY17," it said in a note.

  • Thanks to demonetisation, India could lose growth crown Feb 27, 2017 01:28 PM IST

    Thanks to demonetisation, India could lose growth crown

    The release follows a demonetisation-led cash crunch that hit India's cash-heavy economy, but economists reckon that could be temporary.

  • India banking bailout cost 'manageable': IMF Feb 22, 2017 07:42 PM IST

    India banking bailout cost 'manageable': IMF

    The cost of recapitalising India's struggling banks would be affordable even under a negative scenario, the International Monetary Fund said on Wednesday, urging government steps to strengthen the financial system.

  • Looking to invest $100 mn in India in next 3 yrs: Tata Comm Feb 17, 2017 02:34 PM IST

    Looking to invest $100 mn in India in next 3 yrs: Tata Comm

    We are looking to invest close to USD 100 million over the next three years in India, says Julie Woods-Moss, Chief Marketing officer & Innovation Officer, Tata Communications.

  • Fed's Rosengren sees 'at least' three rate hikes per year Feb 16, 2017 08:28 AM IST

    Fed's Rosengren sees 'at least' three rate hikes per year

    Boston Fed President Eric Rosengren, a long-time dove who last year switched tack and began pushing for tighter monetary policy, said he expects the US central bank to raise rates "at least as quickly" as the median Fed forecast from December.

  • Budget 2017: Spend on education sector seen falling short Feb 14, 2017 12:45 PM IST

    Budget 2017: Spend on education sector seen falling short

    Experts feel the Budget spend on education is woefully inadequate for a country which is aspiring to create a pool of skilled workforce to fuel economic growth.

  • Preview: RBI seen cutting rates, but it will be a close call Feb 07, 2017 01:44 PM IST

    Preview: RBI seen cutting rates, but it will be a close call

    A Reuters poll last week, conducted before the government presented its annual Budget, showed 28 of 46 participants expected the RBI on Wednesday to cut the repo rate by 25 basis points to 6.0 percent, its lowest since November 2010. Another two expected a 50 bps cut.

  • RBI has room to cut rates by 25 bps this time: Economists Feb 06, 2017 02:44 PM IST

    RBI has room to cut rates by 25 bps this time: Economists

    With the impact of demonetisation still being felt inflation under control, the six-member Monetary Policy Committee will likely recommend a reduction of 25 basis points in key policy rate, feel economists.

  • India's public spending on health well below global avg:Survey Jan 31, 2017 09:38 PM IST

    India's public spending on health well below global avg:Survey

    The country's public spending on health is "little over" 1 per cent of GDP, the Economic Survey said today, adding that there are "insufficient" instances of good models in the health sector.

  • Need to balance fiscal discipline and keep demand intact: CEA Jan 31, 2017 09:32 PM IST

    Need to balance fiscal discipline and keep demand intact: CEA

    Demonetisation has created high uncertainty as far as growth is concerned, said the Chief Economic Advisor Arvind Subramanian. Alongwith domestic market, global events including currency and commodity movements also add to this uncertainty.

  • US economy posts slowest growth since 2011 Jan 28, 2017 01:10 PM IST

    US economy posts slowest growth since 2011

    The first estimate of Gross Domestic Product showed growth of 1.9 percent in the September-December period, well below the 3.5 percent pace of the third quarter, and short of the consensus estimate by analysts of 2.2 percent.

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