Gdp

  • India's GDP to rebound to over 7 pc in 2-3 years: Arvind Mayaram 19 hours 27 minutes ago

    Cairns: India is following economic growth inducing policies and is confident that the GDP will rebound to over 7 per cent in 2-3 years, Finance Secretary Arvind Mayaram said on Thursday while emphasising that business confidence is back. Making an intervention during the G20 Deputies Meeting, Mayaram said that the Indian...
  • Highlights of Sino-India trade and commerce Yesterday

    New Delhi: As India and China try to forge a stronger tie during the three-day state visit of Chinese President Xi Jinping to India, following are few highlights of Sino-India trade and commerce. The Chinese share in India's import is 11.3 per cent of total trade while that of India in...
  • Economic prospects brighten, GDP to improve to 5.2 pc in 2014: Moody's September 10, 2014

    New Delhi: Rating agency Moody's on Wednesday said that the downside risks to the economy have receded and prospects have brightened with growth rate expected to accelerate to 5.2 per cent in 2014 and 6.5 per cent by end of 2015. "With risks receding and most sectors expanding, our 2014 forecast...
  • Indian economy to grow 5.6 pc in 2014: UNCTAD September 10, 2014

    New Delhi: The Indian economy will grow at a rate of 5.6 per cent in 2014 while developing economies as a whole will see between 4.5-5 per cent rise in economic expansion, a report by United Nations body UNCTAD said on Wednesday. The UNCTAD Trade and Development report 2015 forecasts...
  • India to revise GDP measurement next year, economy may be larger September 9, 2014

    New Delhi: India will soon revise the way it measures gross domestic product to reflect under-represented and informal economic sectors, two government sources said, in an initiative that is expected to show the economy is larger than previously thought. India usually revises the method of calculating national accounts and other macro...
  • India committed to bring back growth: Sushma Swaraj September 6, 2014

    Manama: India is firmly committed to bring back growth and have clear policies, which will facilitate business environment, transparency and speed, External Affairs Minister Sushma Swaraj said on Saturday. "The result is there before you in just 100 days: GDP growth is showing early signs of recovery. Indian economy has bounced...
  • Hits and misses: 100 days of Narendra Modi government September 2, 2014

    New Delhi: As the Narendra Modi government completed over 100 days in power, there has been a stark difference in the functioning of the NDA and UPA governments. There has been speedy decision making and many projects which were previously seen to have been stalled, have now been cleared. The...
  • Congress proved right, GDP data shows decline in economic growth halted in 2013-14: Chidambaram August 30, 2014

    New Delhi: In response to the first quarter growth figures being the highest its been in two-and-a-half years, former Finance Minister P Chidambaram has said that the results are in line with the Congress's stand that the decline in growth had ended in their term. "Congress party and I are...
  • Bullet News: Catch the day's top stories August 29, 2014

    Bullet News is CNN-IBN's non-stop prime time bulletin where we bring to you the day's top stories from around the world. Be it politics, sports, entertainment or business, catch it here, only in 30 minutes. ...
  • News 360: Pak made spectacle of talks, says PM Modi August 29, 2014

    Prime Minister Narendra Modi had some tough words for Pakistan on Friday. In an interaction with the Japanese media ahead of his Saturday visit to the country, Modi said that he was "disappointed that Pakistan had sought to make a spectacle of talks" and went ahead and held meetings with...
  • April-June GDP growth at 5.7 per cent, highest in last nine quarters August 29, 2014

    New Delhi: The Indian economy registered its highest growth in nine quarters this financial year. According to the Ministry of Statistics and Programme Implementation, the Indian economy registered a GDP growth of 5.7 per cent in the April-June quarter of 2014-15. The GDP rose from 4.6 per cent in the last...
  • 100 days of Modi government: GDP growth likely to be highest in last 10 quarters August 29, 2014

    New Delhi: The NDA government is set to complete a 100 days in office and going by the expected GDP growth from its first quarter in power, there may be a huge boost to the economy. The GDP figures for the 100 days of the Modi government will come out on...
  • Low growth, high inflation not acceptable: Arun Jaitley August 16, 2014

    Mumbai: Finance Minister Arun Jaitley on Saturday said the current situation of high inflation and low growth has to be reversed to achieve sustainable GDP expansion along with improvement in price situation. "If inflation is high then you begin at a point where growth is low. We need to change this...
  • India likely to grow at 6 per cent in 2014-15: Harvard professor July 23, 2014

    New Delhi: The Indian economy is likely to grow at six per cent in 2014-15 and if the new government delivers on its promise of good governance, reversion to a growth rate of around 7-8 per cent can occur in coming years, Harvard University professor Gita Gopinath said. "Let's just say...
  • GDP growth to improve this fiscal, says Arun Jaitley July 18, 2014

    New Delhi: India's economic growth is expected to improve during the current fiscal from 4.7 per cent in 2013-14, helped by a revival in industrial growth, improved fiscal health and external economic situation, Parliament was informed on Friday. The Economic Survey 2013-14 tabled in the Lok Sabha early this month had...
  • Finance secretary Mayaram defends 4.1 per cent fiscal deficit target July 13, 2014

    New Delhi: Finance Secretary Arvind Mayaram said that plans announced in this week's budget to stick to a fiscal deficit target of 4.1 per cent of GDP are "very credible", despite criticism from ratings agencies that the number is optimistic. Prime Minister Narendra Modi, who took office in May, on Thursday...
  • Fiscal deficit for 2014-15 projected at 4.5 per cent of GDP: Arun Jaitley July 9, 2014

    New Delhi: Finance Minister Arun Jaitley on Wednesday presented the Economic Survey 2014-15 in the Lok Sabha and pointed towards the worsening Fiscal situation. He said that the fiscal deficit for 2014-15 year is projected at 4.5 per cent of Gross Domestic Product (GDP). He assured that the government will...
  • Growth forecast for next fiscal between 5.4 to 5.9 per cent July 9, 2014

    Indian economy is likely to grow in the range of 5.4 to 5.9 per cent in 2014-15 overcoming the sub-5 per cent growth of Gross Domestic Product (GDP) witnessed over the last two years. The growth slowdown in the last two years was broad based, affecting in particular the industry...
  • Economic Survey 2013-14: Poverty ratio declines to 21.9 per cent July 9, 2014

    The Economic Survey 2013-14 presented by the Finance Minister Arun Jaitley has asked policy makers to design and execute development strategies targeting the young population that was approximately 58 per cent in 2001 and will increase to more than 64 per cent in 2021. The government has to take timely...
  • Highlights of Economic Survey 2013-14 presented by Arun Jaitley July 9, 2014

    Finance Minister Arun Jaitley presented the Economic Survey 2013-14 in Parliament on Wednesday which reveals that while the economy has shown an improvement but it is still not out of the woods. Even as Gross Domestic Product (GDP) growth is expected to be well below the six per cent mark, inflation...
  • Jaitley presents Economic Survey, GDP growth below 6 pc, inflation down July 9, 2014

    New Delhi: India's grim economic situation was reflected in the Economic Survey 2013-14, presented in the Lok Sabha on Wednesday by the Union Finance Minister Arun Jaitley. While the Economic Survey noted that fiscal deficit for 2013-14 has been contained at 4.5 per cent of the Gross Domestic Product (GDP)...
  • April-May fiscal deficit is Rs 2.4 lakh crore June 30, 2014

    New Delhi: The fiscal deficit in the first two months of 2013-14 was Rs 2.4 lakh crore or 45.6 per cent of Budget Estimates for the whole financial year. The fiscal deficit -- the gap between expenditure and revenue -- for the whole fiscal has been pegged at Rs 5.28...
  • Government unlikely to substantially hike plan outlay in 2014-15 June 8, 2014

    New Delhi: The new government is unlikely to substantially enhance the Plan expenditure for 2014-15 in the Budget to be unveiled next month because it needs to keep fiscal deficit in check. The plan expenditure, or GBS (gross budgetary support), is the government spending on social sector schemes such as Bharat...
  • India's economic growth remains subdued at 4.7 pc in 2013-14 May 30, 2014

    New Delhi: India's economic growth remained subdued at 4.7 per cent in 2013-14 and at 4.6 per cent in the fourth quarter of the financial year, mainly due to a decline in manufacturing and mining output. The country's economy, or gross domestic product (GDP), had expanded at 4.5 per...
  • FY'14 current account gap narrows to 1.7 pc of GDP May 26, 2014

    Mumbai: Helped by a sharp moderation in imports, especially of gold, India's current account deficit (CAD) sharply narrowed to 1.7 per cent of GDP, or $32.4 billion, in FY'14 from 4.7 per cent in FY'13, Reserve Bank said on Monday. "Contraction in the trade deficit, coupled with a rise in net...
  • BJP's win rekindles hope for reforms, growth: Goldman Sachs May 23, 2014

    A clear mandate for the BJP has rekindled hope for structural reforms and better investment climate and the country's growth is likely to accelerate to 6.5 per cent in Financial Year '16, a Goldman Sachs report said on Friday. According to the global financial services major, after the BJP's "historic" election...
  • India not pursuing any agenda for expansion of BRICS May 13, 2014

    New Delhi: India on Tuesday said that it will not pursue any agenda for expansion of Brazil-Russia-India-China-South Africa (BRICS) bloc during the upcoming summit in July in Brazil. Noting that the interest of Argentine and various other countries to join BRICS is well-known, official sources said currently there was no...
  • China government think tank cuts GDP forecast: Report April 30, 2014

    Shanghai: The Chinese Academy of Social Sciences (CASS), one of Beijing's top government think tanks, has revised its 2014 GDP growth forecast down to 7.4 per cent, below the official 7.5 per cent target, and says that growth could slow to as low as 7 per cent, state media reported...
  • Data visualisation: NDA versus UPA in government performance April 29, 2014

    For measuring a company performance "Return on equity" is a primary metric. But for measuring a government's performance, there is no similar metric. Traditionally Indian elections are contested by parties based on social aspects like caste, religion, etc. as well as basic amenities like food, clothing and shelter. In the...
  • March WPI inflation hits three-month high of 5.70 per cent April 15, 2014

    New Delhi: India's wholesale prices-based inflation accelerated to a three-month high of 5.70 per cent in March, driven up by increases in food and fuel costs, government data showed on Tuesday. The rise in the wholesale price index (WPI)compared with a 5.30 per cent jump forecast by economists in a Reuters...