India Economy

We Welcome South Korean Businesses To "The Indian Dream": PM Modi

India News | Press Trust of India | Thursday February 21, 2019

Prime Minister Narendra Modi said today that the Indian economy is based on sound fundamentals and will in the near future double in size to USD 5 trillion, as he highlighted how India is a "land of opportunities" to investors in South Korea.

India On Way To Becoming 5th Largest Economy In World: PM Modi

India News | Press Trust of India | Friday January 25, 2019

Prime Minister Narendra Modi Friday said India is on the way to becoming the fifth largest economy in the world and the government is taking reform measures on a "daily basis" to further improve investment climate in the country.

Indian Economy Has Gone From "Fragile To Fastest-Growing": PM Modi

India News | Press Trust of India | Sunday January 20, 2019

Prime Minister Narendra Modi said today that India had experienced drastic economic transformation; going from the "fragile five" nations to the world's fastest-growing economy.

India Could Become $5 Trillion Economy In 7 Years: Suresh Prabhu

India News | Press Trust of India | Sunday January 20, 2019

Union Commerce and Civil Aviation Minister Suresh Prabhu said today that India has the potential to be a $5 trillion economy in the next 7-8 years

India's GDP To Grow At 7.3 Per Cent In 2018-19: World Bank

India News | Press Trust of India | Wednesday January 9, 2019

India's GDP is expected to grow at 7.3 per cent in the fiscal year 2018-19, and 7.5 per cent in the following two years, the World Bank has forecast, attributing it to an upswing in consumption and investment.

RBI Policy Meet Today, Governor's First Response On Autonomy Row Likely

Business | Anirban Nag, Bloomberg | Wednesday December 5, 2018

After raising interest rates twice this year, the RBI will probably keep its repurchase rate unchanged at 6.5 per cent, according to 48 of 52 economists surveyed by Bloomberg.

"India Should Have Been A $5-6 Trillion Economy By Now": Pranab Mukherjee

India News | ANI | Thursday November 29, 2018

Former President Pranab Mukherjee on Wednesday expressed dissatisfaction over the current economic growth of the country and stated that India should have been a five to six trillion US dollar economy.

IMF Forecasts India's GDP To Grow At 7.5 Per Cent In 2019-20

India News | Press Trust of India | Thursday August 9, 2018

India is projected to clock an economic growth of 7.5 per cent in the 2019-2020 fiscal year on strengthening of investment and robust private consumption, the International Monetary Fund or IMF said in its latest report.

India To Be $5 Trillion Economy By 2025: Minister

India News | Press Trust of India | Wednesday July 25, 2018

India's economy will breach the $5 trillion mark by 2025, Housing and Urban Affairs Minister Hardeep Singh Puri said today.

India To Become 5th Largest Economy Next Year: Arun Jaitley

Business | Press Tust of India | Friday July 13, 2018

A latest World Bank report has said that the Indian economy has become world's sixth-biggest economy, pushing France to seventh place.

India Can Be World's 5th Largest Economy At Current Pace: Arun Jaitley

India News | Indo-Asian News Service | Friday July 13, 2018

India can become the worlds fifth largest economy soon if firm growth continues, Union Minister Arun Jaitley said yesterday.

IMF Advises 3 Steps For India To Sustain Its High Growth Rate

India News | Press Trust of India | Friday June 29, 2018

To sustain the high growth rate India has achieved, the country should carry out banking sector reforms; continue with fiscal consolidation, simplify and streamline GST; and renew impetus on reforms, the International Monetary Fund or IMF said today.

Arun Jaitley Says Growth On Track, Jabs "Distinguished Predecessor"

India News | Press Trust of India | Monday June 18, 2018

Union Minister Arun Jaitley has said that 7.7 per cent economic growth in the fourth quarter of 2017-18 'firmly' established India as the fastest growing major economy in the world and the trend is likely to continue for some years.

India Working To Become $5 Trillion Economy By 2025: President Kovind

India News | Press Trust of India | Monday June 18, 2018

India is striving to become a $5 trillion economy and the world's third largest consumer market by 2025, President Ram Nath Kovind has said as he highlighted investment opportunities in the country.

India's Budget Threat in Focus After PM Modi Loses Karnataka

India News | Anirban Nag and Archana Chaudhary, Bloomberg | Wednesday May 23, 2018

Prime Minister Narendra Modi's loss of control of a key Indian state will put pressure on his party to ramp up spending to woo more rural voters, pushing back plans to rein in one of Asia's largest budget deficits.