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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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