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Economy at early stages of recovery, GDP to rise to 8%: Nomura

Last Updated: Sunday, May 31, 2015, 11:02

According to Central Statistics Office (CSO) data released yesterday, the Indian economy grew at 7.3 percent in 2014-15, up from 6.9 percent a year ago, mainly due to improvement in the manufacturing sector.

India Inc says downside risks persist even as economy picks up

Last Updated: Friday, May 29, 2015, 20:50

India Inc on Friday said the economy is showing signs of recovery but called for drastic reforms at the ground level to improve investors sentiment and sought serious attempts to revive growth in agriculture sector.

India clocks 7.5% growth in January-March quarter, overtakes China

Last Updated: Friday, May 29, 2015, 19:01

The Indian economy grew at 7.3 percent in 2014-15 due to improvement in the performance of both services as well as manufacturing sectors.

FY 15 GDP growth at 7.3%; Q4 growth at 7.5%

Last Updated: Friday, May 29, 2015, 17:45

Indian economy grew by 7.5 percent in the January-March quarter of the current fiscal while overall FY 15 GDP growth stood 7.3 percent, government data showed on Friday.

India hungry for rate cut despite economic growth seen outstripping China

Last Updated: Friday, May 29, 2015, 09:27

The RBI has already cut rates twice this year after inflation fell within its comfort zone, but it left them unchanged in April.

GDP growth to slow to 7.2% in January-March quarter: Moody's

Last Updated: Thursday, May 28, 2015, 14:37

As per CSO's new GDP data, the Indian economy expanded by 6.9 percent in 2013-14 and for 2014-15 the growth is estimated at 7.4 percent.

Exports to China to pace up at 14% a year in 2020-30: HSBC

Last Updated: Thursday, May 28, 2015, 12:35

Exports to China are expected to grow by around 14 percent a year in the decade to 2030, potentially outpacing outbound shipment growth to any other country, said an HSBC trade forecast report.

Govt doing very well; GST would give boost to growth: Godrej

Last Updated: Wednesday, May 27, 2015, 22:06

The Narendra Modi-led government is "clearly on the path of reform", industrialist Adi Godrej on Wednesday said here, adding if the Goods and Services Tax (GST) comes into effect next April, India could see over 10 percent GDP growth.

GDP growth in double digits in 3-4 years: Rajnath

Last Updated: Tuesday, May 26, 2015, 13:37

GDP growth figure of India would reach double digits in the next three to four years, Home Minister Rajnath Singh said on Tuesday.

GDP growth may expand 7.8% this fiscal: HSBC

Last Updated: Tuesday, May 5, 2015, 22:45

India's GDP growth is likely to pick up pace and expand by 7.8 percent during this fiscal and higher next year on the back of improved urban consumption, says a HSBC report.

GDP to grow at 8.1-8.5% in FY16: Govt

Last Updated: Tuesday, May 5, 2015, 17:54

Benign oil prices, likely monetary policy easing and government reform initiatives will help the Indian economy to grow at 8.1-8.5 percent in the current fiscal, Parliament was informed Tuesday.

U.S. economy stumbles in first quarter as weather, low energy prices weigh

Last Updated: Thursday, April 30, 2015, 02:18

U.S. economic growth nearly stalled in the first quarter as harsh weather dampened consumer spending and energy companies struggling with low prices slashed spending.