NCAER predicts economic growth at 7.5% this fiscal

Last Updated: Friday, August 21, 2015, 23:56

It said the turbulences in the world economy adds uncertainty to the Indian economy.

Optimistic about $20 trillion economy size in 20 years: Prabhu

Last Updated: Friday, August 21, 2015, 20:48

Union Railway Minister Suresh Prabhu on Friday said he was optimistic about the Indian economy growing to USD 20 trillion in size over the next 20 years.

GST watered down, can still add 0.6% to GDP growth: HSBC

Last Updated: Wednesday, August 12, 2015, 13:30

Terming GST as one of the most promising reforms on anvil, global giant HSBC on Wednesday said the bill has been "watered down" but can still add a "sizeable" 60 basis points to India's GDP growth rate.

GDP numbers not flawed, CSO on right track: NSC

Last Updated: Tuesday, August 11, 2015, 14:10

Clearing the air over the new GDP numbers, National Statistical Commission (NSC) chairman Pronab Sen on Tuesday said that Central Statistics Office (CSO) is following the correct methodology for computing national accounts and is on the right track.

GDP to grow at 8% in FY16, Sensex at 33,500 by Dec: Nomura

Last Updated: Thursday, August 6, 2015, 21:55

Maintaining a bullish stance on the Indian economy, Japanese brokerage Nomura Thursday projected a 8 percent GDP growth for the current fiscal year while retaining its Sensex target at 33,500 by December.

Business activity in India showing recovery: Goldman Sachs

Last Updated: Tuesday, July 14, 2015, 15:04

Business activity picked up in the second quarter of 2015, largely on the back of better investment demand and improvements in commercial vehicle sales, Goldman Sachs said Tuesday.

China's services activity slows to 5-month low

Last Updated: Friday, July 3, 2015, 09:30

Activity in China`s services sector slowed to its lowest in five months in June, a private survey showed on Friday, suggesting the economy still needs further policy support despite some signs of steadying.

Citigroup pegs India's GDP growth at 7.9% this fiscal

Last Updated: Thursday, June 11, 2015, 15:21

According to the global financial services major, investment and consumption uptick is likely to result in a growth pick-up from 7.3 percent in 2014-15.

Logistics players can gain 30% on cost from GST: Crisil

Last Updated: Tuesday, June 9, 2015, 16:36

The elimination of check posts will also help deliver savings as goods move faster, the agency said, pointing out that the consumer durables sector will benefit the most.

RBI lowers GDP growth forecast to 7.6% for FY16

Last Updated: Tuesday, June 2, 2015, 16:01

The Reserve Bank on Tuesday lowered the economic growth forecast for the current fiscal to 7.6 percent from 7.8 percent projected in April, citing various risks, including poor monsoon and rising crude oil prices.

RBI estimates current account deficit at 1.5% in FY16

Last Updated: Tuesday, June 2, 2015, 15:34

Current account deficit is estimated to be around 1.5 percent of the GDP in the current fiscal, helped by sharp fall in oil prices even as gold imports rose in the past few months, the Reserve Bank said on Tuesday.

India's GDP may grow at 7.7% in FY16: Standard Chartered

Last Updated: Monday, June 1, 2015, 22:18

The country's economic growth is likely to accelerate to 7.7 percent in the current fiscal on account of improvement in investment and household consumption expenditure, Standard Chartered said in a report.