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.

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.

'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.

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.

Govt flags deflation as new challenge for economy

Last Updated: Wednesday, September 2, 2015, 16:14

Government on Wednesday flagged deflation as a new challenge for the economy but expressed hope that the growth will be close to 8 percent in the current fiscal year, notwithstanding lower first quarter GDP number.

Nifty plunges 185 points on gloomy macro data; bank shares crack

Last Updated: Tuesday, September 1, 2015, 20:41

Investor sentiment was dampened after the June quarter GDP grew below estimates at 7 percent and core sector growth slipped to a three-month low of 1.1 percent in July.

India's factory output growth slips; all eyes on RBI for rate cut

Last Updated: Tuesday, September 1, 2015, 11:02

Indian manufacturing growth eased in August as the pace of orders softened, forcing factories to cut selling prices at the fastest rate in more than six years.