Growth Rate

Coming to the current financial year, Virmani expects growth to be at 6.5 percent or higher, while for FY26 he offers a range between 6.5 and 7 percent.

Economic Survey 2023: Digital public infrastructure can add up to 100 bps to GDP growth rate

Low-cost accessibility through Aadhaar, the success of citizen-centric services like Unified Payments Interface, large-scale adoption and reach of DigiLocker and MyGov, and the vaccine journey through Co-Win are important and successful milestones in India’s public digital infrastructure journey

GDP growth slowed to 5.4% in Oct-Dec 2021, FY22 growth estimated at 8.9%

The fall in GDP growth from 8.5 percent in July-September 2021 is due to the waning of the favourable base effect, although a reduction in the advance estimate for full-year growth from 9.2 percent is likely due to the hit to economic activity from the Omicron-variant led third COVID-19 wave.

Policy | The economics behind AAP’s freebies and its viability

While the AAP government is not running its schemes by borrowing money, Delhi’s revenue surplus is coming down with each passing year and its fiscal deficit is growing.

Owl to hawkish: RBI's journey under Urjit Patel

As Deputy Governor of the Reserve Bank of India in 2014, Urjit Patel famously called the central bank an "owl".

ANALYSIS: Confident of growth, RBI chief has watchful eye on inflation

in an interview to Rahul Joshi, Network 18 Group Editor-in-Chief, RBI Governor Urjit Patel reinforced the point on why it was important to look through the headline inflation number.

From rupee to Trump, a peek into RBI Guv Urjit Patel's thoughts

Key takeaways from RBI Governor Urjit Patel's interview to Moneycontrol and CNBC-TV18.

India will grow at 7% plus next fiscal on Budget measures: Das

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.

IMF's projection: Cong accuses PM of derailing India's growth

"Prime Minister Narendra Modi, in his hubris has managed to do what our enemies have failed since 1947, which is derail India's economic growth story," the party said.

Post-demonetisation, IMF cuts India's growth to 6.6%

The IMF today cut India's growth rate for the current fiscal year to 6.6 percent from its previous estimate of 7.6 percent due to the "temporary negative consumption shock" of demonetisation, days after the World Bank also decelerated India's growth estimates.

China revises 2015 GDP to USD 9.96 trillion

China, the world's second largest economy, today revised the size of its economy in 2015 to 68.91 trillion yuan (9.96 trillion US dollars), up 354.6 billion yuan from its preliminary figure.

Demonetisation just a bump; India to maintain 7% growth: Cisco

Describing demonetisation as only a "bump", Cisco Executive Chairman John Chambers today said India is well-positioned to maintain GDP growth rate of over 7 per cent for the next few years and it should be a "top ally" for the US in the Asia Pacific region.

India's 7.5% growth rate may be overstated: US

Underlining that India's 7.5 percent growth rate may be "overstated", the US has said the Narendra Modi government has been "slow" to match its rhetoric in economic reforms even as it appreciated measures taken by it in areas like bureaucracy and easing FDI restrictions.

IMF projects Bhutan's growth rate at 11% in 2017-18

IMF said the increase in hydropower generation capacity will boost electricity exports, and as a result, the current account deficit will decline rapidly, from over 30 percent in FY2016/17 to around five percent in FY2020/21.

Monsoon, GST bigger triggers than Brexit for India: HDFC MF

Growth gap between India and the rest of the world is expanding and that is why foreign investments will continue to rise, says Prashant Jain of HDFC MF, who believes Indian markets are under-valued.

Murthy bats for a second term for Rajan

Joining the chorus for a second term for RBI Governor Raghuram Rajan, Infosys founder and IT doyen N R Narayana Murthy on June 16 said the former IMF chief economist deserves at least two more terms for all the "great job" he has done

China to have 500 airports by 2020

According to a guideline issued by China's central cabinet, the country will have more than 500 general aviation airports in a number of places, including major agricultural and forest regions and over 50 percent of five scenic tourist spots by 2020.

India needs growth rate of 9% to eliminate poverty: President

"Indian economy has witnessed many ups and downs. From 1951 to 1979, India had an average growth rate of 3.5 percent which was called the Hindu growth rate. Our economy grew at an average rate of 5 to 5.6 percent in the 80s. From 1991 onwards, our growth rate rose to an average of 7 percent.

BSNL beats private telcos in growth rate in February

State-run BSNL today said it has registered the highest growth rate in providing new wireless connections during February this year, beating all private operators.

India can add 1-2% to growth rate, says Jaitley

India can add 1-2 per cent to its growth rate with economic reforms, favourable weather and supportive global conditions, Finance Minister Arun Jaitley said today.

Base effect: Eicher says won't maintain 50% growth rate

Premium two-wheeler maker Royal Enfield today launched the Himalayan, a 410cc leisure motorcycle, that will retail for Rs 1.55 lakh (ex-showroom price).

Jaitley vows more reforms, eyes 8-9% growth normal

Pledging to continue structural reforms to accelerate growth, Finance Minister Arun Jaitley today said India has the potential to grow at 8-9 per cent, and only a higher growth rate can end poverty.

GDP growth for 2014-15 marginally revised down to 7.2%

Government has marginally revised downward the economic growth for 2014-15 to 7.2 per cent from the earlier estimate of 7.3 per cent after factoring in latest data on agriculture and industrial production.

India's growth curve showing signs of recovery: Morgan Stanley

According to the global financial services major, factors like discretionary consumption, public sector capex and foreign private investment flows are supporting the India growth story, while weak external demand conditions in the global markets are holding back the pace of growth.

Credit, deposits growth decline in Q2: RBI

The deceleration was generally broad-based across the population groups except for constant deposits growth in semi-urban areas, and accelerated growth in gross bank credit in the urban areas, the apex bank said in a report titled 'Quarterly Statistics on Deposits and Credit of Commercial Banks: September 2015'.