Feb 26, 2021 09:12 PM IST
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.
- Aug 28, 2020 05:29 PM IST
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 .
- Jan 28, 2020 05:43 PM IST
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.
- Dec 01, 2018 11:30 AM IST
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.
- May 02, 2017 03:19 PM IST
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.
- Mar 30, 2017 07:20 PM IST
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.
- Mar 29, 2017 10:25 PM IST
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.
- Mar 29, 2017 09:02 AM IST
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.
- Mar 10, 2017 05:46 PM IST
Given the contraction in the same month last year, the surge in industrial output in January could be partly due to base effect â€” a statistical phenomenon that makes even small changes look large.
- Mar 10, 2017 10:59 AM IST
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.
- Mar 06, 2017 01:36 PM IST
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.
- Mar 01, 2017 11:10 PM IST
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.
- Mar 01, 2017 11:46 AM IST
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.
- Feb 28, 2017 07:33 PM IST
US economic growth slowed in the fourth quarter as previously reported, with robust consumer spending offset by downward revisions to business and government investment.
- Feb 27, 2017 02:54 PM IST
"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.
- Feb 27, 2017 01:28 PM IST
The release follows a demonetisation-led cash crunch that hit India's cash-heavy economy, but economists reckon that could be temporary.
- Feb 22, 2017 07:42 PM IST
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.
- Feb 17, 2017 02:34 PM IST
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.
- Feb 16, 2017 08:28 AM IST
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.
- Feb 14, 2017 12:45 PM IST
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.
- Feb 07, 2017 01:44 PM IST
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.
- Feb 06, 2017 02:44 PM IST
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.
- Jan 31, 2017 09:38 PM IST
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.
- Jan 31, 2017 09:32 PM IST
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.
- Jan 28, 2017 01:10 PM IST
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.