Services sector improves further on new business orders: PMI

Last Updated: Thursday, September 3, 2015, 11:22

Services sector improved further in August as new orders received by private firms increased at the fastest rate in five months, says a survey.

India's business optimism falls to its lowest level since 2005

Last Updated: Thursday, September 3, 2015, 11:04

India`s services industry grew for a second month in August but optimism fell to its lowest level since late 2005.

Near-term growth prospects remain favourable in India: IMF

Last Updated: Thursday, September 3, 2015, 08:20

Global growth in the first half of 2015 was lower than in the second half of 2014, reflecting a further slowdown in emerging economies and a weaker recovery in advanced economies.

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.

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.

'Weak sales, stagnant prices pose challenge for realty companies'

Last Updated: Tuesday, September 1, 2015, 10:37

Developers will not reduce price to boost sales, rather will continue with their strategy to reduce apartment size and offer freebies, Moody's Investors Service said.

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.

Cost of money has to come down to achieve 8-10% growth: Arun Jaitley

Last Updated: Saturday, August 29, 2015, 20:32

Jaitley added that stalled projects have to be expedited and they will lead 'Make in India' programme.

GST would propel India's growth: Adi Godrej

Last Updated: Thursday, August 27, 2015, 22:49

Singling out GST as a key for driving growth, Godrej Group Chairman Adi Godrej on Thursday said implementing it alone can propel India's growth rate to double digits.

India's rating upgrade possible if reforms implemented: Moody's

Last Updated: Tuesday, August 25, 2015, 10:50

Moody's has a 'Baa3' rating, the lowest investment grade, on India, just a notch above 'junk' status.

Global turbulence behind market crash, impact temporary: Arun Jaitley

Last Updated: Monday, August 24, 2015, 15:19

Attributing the stock market crash to global turbulence, Arun Jaitley aid the government and RBI were watching the situation and hoped that things will stabilise once the transient impact is over.