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GDP growth to exceed 7.5% this fiscal: Govt

Last Updated: Monday, September 14, 2015, 14:56

The Indian economy expanded by 7 per cent in the first quarter (April-June) of current fiscal. In last fiscal, the GDP growth was 7.3 per cent.

CAD narrows to 1.2% of GDP at $6.2 billion in Q1

Last Updated: Friday, September 11, 2015, 20:03

The June quarter CAD figure is lower than USD 7.8 billion, or 1.6 percent of GDP, in the year-ago period, but higher than 0.2 percent for the March quarter.

UBS cuts India's growth forecast to 7.1% for FY16

Last Updated: Tuesday, September 8, 2015, 16:13

Swiss brokerage UBS has revised downwards India's GDP growth projection for the current fiscal to 7.1 percent, from 7.5 percent earlier, on account of weaker external demand prospects.

India to grow at 7% in FY15, CAD to remain low: Moody's

Last Updated: Tuesday, September 8, 2015, 11:12

Moody's also lowered growth forecasts for many Asia Pacific (APAC) sovereigns, citing that subdued global growth, exacerbated by weaker demand from China.

Japan Q2 GDP shrinks less than expected on inventory gains

Last Updated: Tuesday, September 8, 2015, 08:57

Analysts expect any rebound in July-September growth to be feeble as factory output unexpectedly fell in July and China`s slowdown dampened prospects for a solid recovery in exports.

'India to grow at 7.4% in FY15-16; more rate cuts in pipeline'

Last Updated: Monday, September 7, 2015, 14:27

According to the global financial services major, upturn in growth for the Indian economy would be more gradual, with the consumption and investment turnaround likely to be slower than anticipated.

China cuts 2014 GDP growth from 7.4% to 7.3%: Govt

Last Updated: Monday, September 7, 2015, 08:13

The National Bureau of Statistics said on its website it lowered the figure from the 7.4 percent announced in January after a "preliminary confirmation".

FPIs dump shares worth Rs 4,000-cr in just 4 trading sessions

Last Updated: Sunday, September 6, 2015, 20:09

Foreign investors have pulled out nearly Rs 4,000 crore from the stock markets in the last four trading sessions amid weak GDP numbers and lacklustre global cues.

Gender parity in workforce can boost India's GDP by 27%: Christine Lagarde

Last Updated: Sunday, September 6, 2015, 19:22

India's GDP can expand by a whopping 27 percent if the number of female workers increases to the same level as that of men, International Monetary Fund's chief Christine Lagarde said Sunday.

Barclays sees uptick Q2 growth on govt spending

Last Updated: Sunday, September 6, 2015, 11:29

The GDP growth is likely to strengthen, largely driven by an uptick in public spending. Moreover, consumption trends are also expected to remain "generally supportive", Barclays said in a research note.

Mumbai has world's largest GDP exposure to terrorism

Last Updated: Friday, September 4, 2015, 09:49

As per a report published by global insurance major Lloyd's, Mumbai has the largest exposure to terrorism at almost USD 8 billion.

Decline in exports "pulled down" GDP growth by 3%: FIEO

Last Updated: Thursday, September 3, 2015, 18:28

Exporters body FIEO on Thursday said the decline in outbound shipments has "pulled down" India's GDP growth in the April-June quarter by over 3 percent.