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.

Drought vulnerability a challenge to India ratings: Moody's

Last Updated: Tuesday, August 11, 2015, 11:06

Moody's currently rates India at 'Baa3', the lowest investment grade -- just a notch above 'junk' status.

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.

Govt's housing scheme can give Rs 15 trillion boost to GDP: Report

Last Updated: Wednesday, July 22, 2015, 21:45

The Centre's housing for all project is expected to give the economy a Rs 15-trillion boost over the next 7 years, but its success will depend on ramping up existing urban infrastructure, fast tracking approval process and targeting the actual beneficiary, a study said.

ADB pegs India's GDP at 7.8%, sees reforms delay as risks

Last Updated: Thursday, July 16, 2015, 14:46

Indian economy grew 7.3 percent in 2014-15.

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.

Govt growth estimates not in line with ground reality: Rahul Bajaj

Last Updated: Monday, July 13, 2015, 15:37

Government's new national income estimates have "confused and perplexed many" and its measure of growth of economic activity is "quite removed" from what is happening on the street, Bajaj Auto Chairman Rahul Bajaj has said.

New GDP numbers based on scientific methodology: Arvind Panagariya

Last Updated: Sunday, July 5, 2015, 14:38

CSO has estimated economic growth at 7.3 per cent for 2014-15, slightly lower than its earlier advance estimate of 7.4 per cent.

Dip in stalled projects, new investment projects yet to pick-up

Last Updated: Sunday, July 5, 2015, 11:44

However, new projects are "proving to be as stubborn as anemic bank credit" and the number of such projects fell to its lowest level in a year during the April-June quarter.

India aims 8-10% growth, current rate not satisfactory: Jaitley

Last Updated: Wednesday, July 1, 2015, 19:17

Pitching for a higher growth of 8 to 10 percent to eradicate poverty, Finance Minister Arun Jaitley on Wednesday said the country is no more satisfied with the current rate.