GROSS DOMESTIC PRODUCT

  • 'GDP growth in 2013/14 seen at 6.4 per cent' April 23, 2013

    New Delhi: Improvement in performance of agriculture and manufacturing sectors is expected to push the economic growth rate to 6.4 per cent in 201314 from 5 per cent in the previous fiscal, PM's economic advisory panel said on Tuesday . "Economy will grow at higher rate from now. We projected...
  • GDP growth at 5.3 per cent in JulySeptember quarter November 30, 2012

    New Delhi: The economy extended its long slump in the quarter ending in September, with lowerthatexpected growth keeping it on track for its worst year in a decade and underscoring the urgency of politically difficult reforms to spur a revival. Quarterly gross domestic product (GDP) grew 5.3 per cent from a...
  • India's JulySept GDP growth seen at 5.4 per cent November 30, 2012

    New Delhi: India's economy probably expanded near its slowest pace in three years in the quarter to September, according to a Reuters poll, suggesting little signs of an early turnaround, despite reform steps taken by the government to lure back investors. Gross domestic product rose 5.4 per cent yearonyear in...
  • World Bank cuts India's GDP projection to 6 pc October 10, 2012

    New Delhi: The World Bank on Wednesday cut India's growth forecast for the current fiscal to 6 per cent, from the earlier estimate of 6.9 per cent, citing corruption scandals and uncertainty in policy issues. "Real GDP growth is forecast to reach around 6 per cent in 201213, after 5.3...
  • Q1 GDP: Growth up, manufacturing down August 31, 2012

    CNBCTV18 Banking Editor Latha Venkatesh explain what the Q1 numbers of GDP mean. ...
  • Warning lights flash on India's economic dashboard June 4, 2012

    New Delhi: It had been another brutal day for the rupee on the foreign exchanges as India's economic crisis escalated and, travelling home from a visit to Myanmar last week, Prime Minister Manmohan Singh summoned journalists on his plane for a briefing. The one statement he had prepared for the media...
  • Goldman Sachs, BofAML cut India GDP forecast May 25, 2012

    Mumbai: Analysts at Goldman Sachs and Bank of AmericaMerrill Lynch cut their growth forecasts for India, following up on a Morgan Stanley downgrade earlier this week that had sparked much concern in domestic markets. The downgrades come in a tough month for Indian markets, after global risk aversion surged, exposing the...
  • 'India remains hostile to entrepreneurship' January 13, 2012

    Lawrence Summers has served as US treasury secretary under Bill Clinton, a post currently held by his protegee Timothy Geithner. Presently, he teaches economics at Harvard University, where he was formerly the president. He comes from a family of economists. His parents are economists and he is a nephew of...
  • GDP growth jumps to 8.5 pc from 8 pc in FY11 May 31, 2011

    New Delhi: Confirming fears of a slowdown, India's economy grew by just 7.8 per cent in the fourth quarter ending March this year, mainly due to poor performance of the manufacturing sector, as against 9.4 per cent in the same threemonth period of the previous fiscal. However, economic growth, as measured...
  • Watch: Is worst over for Indian economy? September 1, 2009

    The economy has grown at 6.1 pc in the first three months of financial year. ...
  • India's economic slowdown eases in first quarter May 30, 2009

    Mumbai: India's economic slowdown unexpectedly eased in the first quarter as expansion in construction, financial services and agriculture offset a slide in manufacturing, according to government figures on Friday. Asia's thirdbiggest economy grew 5.8 per cent from a year earlier in the first three months of 2009, the same rate as...
  • Montek to meet Pakistan planning panel chief today June 24, 2008

    New Delhi: Planning Commission Deputy Chairman Montek Singh Ahluwalia will meet his Pakistani counterpart Salman Faruqui here on Tuesday to discuss the development issues concerning the two countries. Faruqui, who is on a weeklong visit to India, is accompanied by senior government functionaries including Water and Power Secretary Ismail Qureshi, Commerce...
  • Economy on a roll: GDP on the rise, inflation down December 7, 2007

    New Delhi: Shrugging behind worries of a slowdown, the latest Gross Domestic Product (GDP) figures indicate a 9.1 percent growth in the first half of year 2007 to 2008. Strong signs came in from the agricultural sector which grew by 3.7 percent as against 2.8 percent a year ago. The parliamentary midterm...