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.
Last Updated: Friday, August 28, 2015, 19:34
India's total external debt rose by USD 29.5 billion, or 6.6 percent, to USD 475.8 billion at the end of March, mainly due to increase in external commercial borrowings and NRI deposits.
Last Updated: Friday, August 28, 2015, 13:25
There is a better than even chance that the Reserve Bank of India (RBI) will cut interest rates at its policy meeting on Sept. 29 thanks to inflation striking a record low, according to a Reuters poll, marking a shift in expectations from earlier.
Last Updated: Thursday, August 27, 2015, 13:19
The recent stock market crash is an "aberration" and markets will correct based on upcoming macro numbers -- GDP and CPI inflation -- which are likely to be positive, SBI Research said in a note Thursday.
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.
Last Updated: Saturday, August 22, 2015, 14:57
He emphasised that macroeconomic indicators like inflation, forex reserve, capital investment in infrastructure and revenue collection are all positive.
Last Updated: Friday, August 21, 2015, 23:56
It said the turbulences in the world economy adds uncertainty to the Indian economy.
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.
Last Updated: Friday, August 21, 2015, 14:48
The Indian economy can double in three years and has the potential of becoming a $20-trillion economy, Railways Minister Suresh Prabhu said on Friday.
Last Updated: Thursday, August 20, 2015, 17:56
The ministry in its statement on May 29, 2015 had said that the June quarter GDP data will be released on August 28.
Last Updated: Tuesday, August 18, 2015, 09:23
Saying that India's growth outlook is resilient beyond short-term monsoon effects, Moody's has retained growth forecast for 2016 at 7.5 percent.
Last Updated: Monday, August 17, 2015, 23:03
Bank of America Merill Lynch Monday said it sees a recovery in consumption equivalent to 1 percentage point of India's GDP in the next few months on lending rate cuts, expected hike in salaries by government and savings from lower oil prices.
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