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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.

Morgan Stanley revises FY16 growth outlook to 7.5% from 7.9%

Last Updated: Wednesday, September 2, 2015, 16:12

The Indian economy is expected to clock a 7.5 percent GDP growth in this fiscal year, slightly lower than the previous estimate of 7.9 percent largely because of bad weather and weak external demand, Morgan Stanley said in a report.

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.

Slower-than-expected April-June growth boosts rate cut calls

Last Updated: Tuesday, September 1, 2015, 09:03

Many government officials in New Delhi had been talking of taking the baton of global growth in the wake of a deepening economic crisis in China.

Post GDP data, India Inc presses for cheaper capital

Last Updated: Monday, August 31, 2015, 22:55

With economic growth slowing to 7 percent in the April-June quarter, India Inc said on Monday the subdued performance indicates that the cost of capital needs to come down, demanding a rate cut by RBI.

Economic growth slows to 7% in April-June quarter

Last Updated: Monday, August 31, 2015, 19:34

Reflecting a muted performance, the GDP growth slowed to 7 percent in the April-June quarter, from 7.5 percent in the previous quarter, amid deceleration in farm, services and manufacturing sectors.

Expert views: Economic growth slows to 7% in April-June

Last Updated: Monday, August 31, 2015, 19:31

India`s economic growth slowed to a lower-than-expected 7 percent in the three months through June from 7.5 percent in the previous quarter, government data showed on Monday.

India's economic growth disappoints at 7% in April-June quarter

Last Updated: Monday, August 31, 2015, 17:50

Despite backed by a strong growth in mining, manufacturing and construction sectors, the country's economic growth of 7 percent was seen as disappointing.

Eight core sector growth slows to 3-month low of 1.1% in July

Last Updated: Monday, August 31, 2015, 17:24

Growth of the eight core industries slowed to 1.1 percent in July as compared to the 3.1 percent in the same period a year ago, government showed Monday.

Sensex trips 109 points ahead of GDP data; Nifty down 31 points

Last Updated: Monday, August 31, 2015, 16:42

In a highly volatile trade, market benchmark Sensex Monday dropped over 109 points and the Nifty slipped below the 8,000-mark due to selling by funds and retail investors ahead of the release of June quarter GDP data and weakness in domestic currency.

Indian economy offers hope as China struggles

Last Updated: Monday, August 31, 2015, 08:34

The median estimate from a Reuters poll of economists put GDP annual growth at 7.4 percent in the quarter, just below 7.5 percent in January-March.