Indian Economy

Brightest Flee The Sinking Ship: Rahul Gandhi On Arvind Subramanian Exit

India News | Edited by Arun Nair | Wednesday June 20, 2018

Congress president Rahul Gandhi on Wednesday took a veiled dig at the central government over the announcement of Chief Economic Advisor Arvind Subramanian's exit from the government.

India's Job Market Stagnant Despite Fastest Growth: Report

India News | Ronojoy Mazumdar, Bloomberg | Tuesday June 12, 2018

Hiring in India's formal job market remained stagnant even as growth accelerated at the fastest pace among the world's biggest economies.

Five Things That India Inc CEOs Expect From Economy

Business | NDTV Profit Team | Monday June 11, 2018

GDP Growth Rate: 82% of chief executives expect GDP growth to be higher than 7 per cent, shows CII survey.

"Tyres Of Indian Economy Punctured Due To NDA's Policies": Ex-Finance Minister P Chidambaram

India News | Press Trust of India | Monday June 11, 2018

Former finance minister P Chidambaram today said that state of the economy was bad in the country due to the wrong policies of the NDA government and tyres of three of the four wheels on which the economy rides were punctured.

World Bank Says India To Grow At 7.3%, Making It Fastest Growing Economy

India News | Press Trust of India | Wednesday June 6, 2018

The World Bank has forecast a growth rate of 7.3 per cent for India this year and 7.5 per cent for the next two years, making it the fastest growing country among major emerging economies.

World Bank Expects Economy To Grow 7.3% In Fiscal 2019

Business | Indo-Asian News Service | Wednesday June 6, 2018

India is projected to regain its position as the world's fastest growing major economy advancing 7.3% this fiscal year and 7.5% in the next two.

Services Activity Shrinks For 1st Time In 3 Months, Shows Survey

Business | Thomson Reuters | Tuesday June 5, 2018

The Nikkei/IHS Markit Services Purchasing Managers' Index fell to 49.6 in May from April's 51.4, sinking below the 50-mark that separates growth from contraction.

Indian Economy Like A Car With 3 Tyres Punctured: P Chidambaram

India News | Press Trust of India | Sunday June 3, 2018

Indian economy has become like a car whose three tyres are punctured, former finance minister P Chidambaram said today in Thane as he attacked the Narendra Modi government on rising petroleum prices and other issues.

Manufacturing Sector Growth Slows In May Amid Rising Inflation: Survey

Business | Thomson Reuters | Friday June 1, 2018

A slower expansion in output and local demand pushed the Nikkei Manufacturing Purchasing Managers' Index down to 51.2 in May from April's 51.6.

Economy Likely Grew Marginally Higher In March Quarter, Says Poll

Business | Thomson Reuters | Tuesday May 29, 2018

India regained its status as the world's fastest-growing major economy for the October-December quarter.

India Borrowed Our Economic Reforms, Says Pakistan Minister

India News | Press Trust of India | Tuesday May 22, 2018

Pakistan has squandered the economic growth opportunity in the past because of political instability, Interior Minister Ahsan Iqbal has said, asserting that "tanks and missiles" alone cannot save a country.

China's Top State-Run Bank Launches First India-Dedicated Investment Fund

India News | Press Trust of India | Monday May 14, 2018

The Industrial and Commercial Bank of China, a top state-run Chinese bank has launched China's first India-dedicated publicly offered investment fund, urging the Chinese to invest heavily stating that the Indian economy is entering the "golden age of economic take-off".

Indian Economy Coming Out Of Twin Shock Of Demonetisation And GST: Report

India News | Press Trust of India | Wednesday May 9, 2018

The Indian economy is gradually coming out of the twin shock of demonetisation and GST which temporarily derailed growth, rating agency India Ratings said.

India Fastest Growing Economy At 7.4 Per Cent In 2018: International Monetary Fund

India News | Indo-Asian News Service | Wednesday May 9, 2018

The International Monetary Fund (IMF) reaffirmed on Wednesday that India will be the fastest growing major economy in 2018, with a growth rate of 7.4 per cent that rises to 7.8 per cent in 2019 with medium-term prospects remaining positive.

India, "Giant Of The Future", Ranks 4th On Power Index In Asia-Pacific

India News | Press Trust of India | Tuesday May 8, 2018

India has ranked fourth out of 25 nations in the Asia-Pacific region on an index that measures their overall power, with the country being pegged as a "giant of the future" but trails behind in indicators of defence networks and economic relationships.