India to grow at 7.5% in 2015-16, 8% in 2017-18: World Bank

Last Updated: Tuesday, April 28, 2015, 19:06

The World Bank projects India's GDP to expand to 7.5 percent in the current fiscal on account of increased economic activity and greater stability.

Parl panel questions new GDP data

Last Updated: Friday, April 24, 2015, 20:49

Questioning the credibility of new GDP figures, a Parliamentary panel on Friday said it is not convinced about the figures which are showing a sudden jump in the growth rate of economy.

Weak monsoon will dent GDP growth: Crisil

Last Updated: Wednesday, April 22, 2015, 22:18

Hours after the official forecast suggested "below normal" monsoon this year, domestic rating agency Crisil Wednesday said a second straight year of weak rains will dent its 7.9 percent GDP growth estimate by 0.50 percent.

Spectrum auction proceeds to help plug fiscal deficit: Moody's

Last Updated: Thursday, March 26, 2015, 17:24

The fiscal deficit target for 2014-2015 is pegged at 4.1 percent of GDP and for the next fiscal at 3.9 percent.

FM Jaitley answers doubts over 7.4% GDP; says CSO credible

Last Updated: Thursday, March 19, 2015, 22:54

Finance Minister Arun Jaitley Thursday night sought to dispel doubts over the new growth figure of 7.4 percent for 2014-15, saying said the GDP calculations are made independently by the CSO, which is a credible organisation.

Emerging markets must prepare for US rate hike: IMF chief

Last Updated: Tuesday, March 17, 2015, 16:58

In a speech in Mumbai, Managing Director Christine Lagarde warned the so-called "taper tantrum" that slammed emerging markets in 2013 could be repeated.

India has historic chance to grow, don't obstruct: FM Jaitley to Opposition

Last Updated: Tuesday, March 17, 2015, 16:36

With a number of key reforms bills stuck, government on Tuesday appealed to the opposition not to play "obstructionist" as the country has the "historic opportunity" to grow and the GDP is expected to go beyond 8 percent next year, overtaking China.

India's GDP will be bigger than Japan, Germany combined in 4 years: IMF

Last Updated: Monday, March 16, 2015, 19:17

The Indian economy, whose size is USD 2 trillion as of now, is poised to overtake the combined GDP of Japan and Germany in the next four years on the back of recent policy reforms and improved business confidence in the country, IMF chief Christine Lagarde said Monday.

Japan out of recession but growth lower than thought: Govt

Last Updated: Monday, March 9, 2015, 07:21

Japan`s economy grew less than initially thought in the final quarter of 2014, revised government data showed Monday, showing the world`s third largest economy limping out of recession.

GDP to remain comprehensive measure of economy: Govt

Last Updated: Wednesday, March 4, 2015, 15:41

The Gross Domestic Product will remain a comprehensive measure to capture changes in the economic activity and it will not be replaced by Gross Value Addition (GVA), Parliament was informed Wednesday.

8-8.5% growth is more like statistical and not real: CEA

Last Updated: Tuesday, March 3, 2015, 23:05

The ambitious 8.1-8.5 percent economic growth projected for the next fiscal in Finance Minister Arun Jaitley's Budget is more like a "statistical and not a real number," Chief Economic Adviser Arvind Subramanian said.

India needs sustained GDP growth of 9-10 percent, says Arun Jaitley

Last Updated: Tuesday, March 3, 2015, 04:54

India`s economy needs to reach an annual growth rate of 9 percent to 10 percent and then sustain that activity "many, many more years than 10 years" in order to improve infrastructure and bring down rampant poverty, Finance Minister Arun Jaitley said on Monday.