India Growth

Rising Intolerance, Hate Crimes Can "Seriously Damage" Growth: Adi Godrej

India News | Press Trust of India | Sunday July 14, 2019

Noted industrialist Adi Godrej Saturday warned that the rising intolerance, hate crimes and moral policing can "seriously damage" economic growth of the nation.

Fitch Cuts India Growth Forecast To 6.6% For 2019-20

Business | Press Trust of India | Monday June 17, 2019

India's GDP growth declined for the fourth consecutive quarter in January-March, with the economy expanding by 5.8 per cent

"Point-To-Point Rebuttal" Soon, Says PM's Panel On Ex-Advisor's GDP Twist

India News | Edited by Anindita Sanyal | Wednesday June 12, 2019

A panel of Prime Minister Narendra Modi's economic advisors today pointed out that the former Chief Economic Advisor Arvind Subramanian has admitted to being "unsure" of his conclusions about the country's growth figures being overestimated. It also said it would come up with a "point-to-point rebuttal" after a detailed examination of the estimates...

World Bank's India Growth Forecast Unchanged At 7.5% For Fiscal 2020

India News | ANI | Wednesday June 5, 2019

The World Bank retained its forecast of India's growth rate at 7.5 per cent for the current financial year. In its Global Economic Prospects report, the World Bank also said growth rate is expected to remain the same for the next two fiscals.

Fitch Lowers India Growth Forecast To 6.8% For 2019-20

Business | Press Trust of India | Friday March 22, 2019

The 6.9 per cent estimate is a notch lower than a 7 per cent growth estimated by the Central Statistics Office (CSO) for the current fiscal year.

"BJP Only Interested In Giving Speeches": Kapil Sibal On GDP Decline

India News | Edited By Richa Taneja (With Inputs From ANI) | Friday March 1, 2019

The economic growth of India slowed to a low of 6.6 per cent in the October-December period of the current fiscal year 2018-19.

IMF Chief Economist Praises Modi Government For "Very Solid" Growth, GST

India News | Press Trust of India | Monday December 10, 2018

India's growth has been "very solid" over the past four years, IMF's Chief Economist Maurice Obstfeld on Sunday said, praising the fundamental economic reforms like the GST and the Insolvency and Bankruptcy Code carried out by the government.

RBI-Government Feud In Fitch Report As India Growth Forecast Is Slashed

Business | Vrishti Beniwal, Bloomberg | Friday December 7, 2018

"So far, the Reserve Bank of India has dismissed calls by the government to provide emergency liquidity and to ease lending restrictions," the rating company said in its latest Global Economic Outlook.

Fitch Cuts India Growth Forecast To 7.2% For 2018-19

Business | Press Trust of India | Thursday December 6, 2018

"We now see GDP growth at 7.2% in the fiscal year ending March 2019 (FY19), followed by 7.0% in FY20 and 7.1% in FY21," Fitch said.

India On Track To Feature Among 3 Richest Countries, Says Mukesh Ambani

India News | Indo-Asian News Service | Tuesday October 30, 2018

Reliance Industries Chairman Mukesh Ambani today said India is on its way to feature among the three richest countries in the world.

IMF Predicts 7.3% Growth For India In 2018, Praises GST, Bankruptcy Code

India News | Press Trust of India | Tuesday October 9, 2018

The International Monetary Fund or IMF on Tuesday predicted a growth rate of 7.3 per cent for India in the current year and 7.4 per cent in 2019.

India's Growth Catching Speed, Expected To Accelerate More: World Bank

India News | Press Trust of India | Monday October 8, 2018

Growth in India is firming up and projected to accelerate to 7.3 per cent in the 2018-19 fiscal and 7.5 per cent in the next two years, the World Bank said Sunday.

Google Committed To Being Part Of India's Growth Story: Sundar Pichai

India News | Indo-Asian News Service | Sunday September 9, 2018

Google Chief Executive Sundar Pichai has written to IT Minister Ravi Shankar Prasad advocating free flow of data across borders as such a step will encourage global companies to contribute to India's digital economy.

Government Should Simplify GST To Sustain High Growth Rate, Suggests IMF

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

India's growth accelerated to 7.7 per cent in the fourth quarter of Financial Year (FY) 2017-18.

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.