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Economic growth

Growth likely to have slowed in Q2, FY25 capex may undershoot Budget estimates: Economic Affairs Secretary Ajay Seth

Growth likely to have slowed in Q2, FY25 capex may undershoot Budget estimates: Economic Affairs Secretary Ajay Seth

Thu, Nov 21, 2024

India's economic growth may have slowed in the September quarter, but overall there is not much downside risk to 6.5-7 per cent growth projections for the current fiscal year, Economic Affairs Secretary Ajay Seth said.

India Inc credit profiles benefit on high growth in H1, set to improve further

India Inc credit profiles benefit on high growth in H1, set to improve further

Tue, Oct 01, 2024

Crisil Ratings, which rates nearly 7,000 companies, said the 'credit ratio' or the ratio of upgrades to downgrades in its portfolio, improved to 2.75 times in April-September as against 1.79 times in the preceding six months.

Why the steel boom in metals?

Why the steel boom in metals?

Wed, Sep 25, 2024

Gold and silver at record high, all-round bullish atmosphere in metals, why steely bullishness in metals? How much strength is there in metals due to China's action?

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Commerce Ministry makes case for encouraging domestic manufacturing of 102 items to cut imports

Commerce Ministry makes case for encouraging domestic manufacturing of 102 items to cut imports

Thu, Apr 28, 2022

The commerce ministry has made a case for encouraging domestic manufacturing of 102 items as their share in the country's total imports is high.

India should aspire to become high-income country by 2047: NITI Aayog CEO

India should aspire to become high-income country by 2047: NITI Aayog CEO

Wed, Apr 20, 2022

India should aspire to become a high-income country by 2047 and this would need sustained economic growth year after year, NITI Aayog CEO Amitabh Kant said on Wednesday.

Hurun Rich List 2022: '90% of all millionaires become so through owning real-estate'

Hurun Rich List 2022: '90% of all millionaires become so through owning real-estate'

Thu, Mar 17, 2022

"We are happy to be associated with Hurun India for the launch of the M3M Hurun Global Rich List 2022, curated with an in-depth market research which demonstrates that Indian businesses are one of the fastest value creators," said Pankaj Bansal, Director, M3M India, on the M3M Hurun Global Rich List 2022.

Niranjan Hiranandani speaks on Economic Growth

Niranjan Hiranandani speaks on Economic Growth

Tue, Nov 12, 2019

Niranjan Hiranandani speaks on Economic Growth. To know more watch the video

RBI Credit Policy: Central bank cuts rate by 25 bps to 5.15%

RBI Credit Policy: Central bank cuts rate by 25 bps to 5.15%

Fri, Oct 04, 2019

The RBI's monetary policy committee on October 4, 2019, i.e. Friday announced the fifth consecutive rate cut this year to support government measures for boosting economic activity amid benign inflation. Watch this video to know more.

India to be world's 2nd fastest growing economy at 6%: UNCTAD

India to be world's 2nd fastest growing economy at 6%: UNCTAD

Fri, Sep 27, 2019

The UNCTAD report noted that "in Asia, the two economies that were among the fastest growing in the world, China and India, are showing signs of a loss of growth momentum".

Nirmala Sitharaman likely to announce big booster shot for economy today

Nirmala Sitharaman likely to announce big booster shot for economy today

Fri, Sep 20, 2019

Finance Minister Nirmala Sitharaman is likely to unveil measures to boost economic growth, which slipped to a six-year low of 5% in the April-June quarter, two government sources said on Thursday.

How Nirmala Sitharaman's announcement is no less than a pre-Diwali gift for Housing sector

How Nirmala Sitharaman's announcement is no less than a pre-Diwali gift for Housing sector

Sat, Sep 14, 2019

Finance Minister Nirmala Sitharaman today announced a fresh set of measures to boost exports and the housing sector.

FM Nirmala Sitharaman announces new measures to boost exports, replaces MEIS with RoDTEP

FM Nirmala Sitharaman announces new measures to boost exports, replaces MEIS with RoDTEP

Sat, Sep 14, 2019

Nirmala Sitharaman said, "Scheme for Remission of Duties or Taxes on Export Product (RoDTEP) will replace MEIS. Existing dispensation in textiles of MEIS and old RoSL (Rebate on State Levies) will continue up to December 31 this year."

Scheme for faceless assessment of income tax returns implemented: Nirmala Sitharaman

Scheme for faceless assessment of income tax returns implemented: Nirmala Sitharaman

Sat, Sep 14, 2019

Addressing media on the measures taken by the government to stimulate the economic growth rate, she said that these measure will remove any element of discretion and any feeling of harassment that taxpayers may have.

Nirmala Sitharaman makes major announcements: Full list of key decisions taken by Finance Minister

Nirmala Sitharaman makes major announcements: Full list of key decisions taken by Finance Minister

Sat, Sep 14, 2019

Union Finance Minister Nirmala Sitharaman today said the signs of revival are very encouraging, as annual fixed investment rate is going up and inflation has been kept under 4 per cent, while addressing the media.

More measures coming to prop up economy: FM Nirmala Sitharaman

More measures coming to prop up economy: FM Nirmala Sitharaman

Thu, Aug 29, 2019

Holding that the Narendra Modi government has been responsive and will come back with answers asked by the various groups, she cited the announcements made last Friday to boost economy by extending partial credit to NBFCs and measures to revive automobile sector.

RBI rate cut will boost economic growth and make loans affordable: Piyush Goyal

RBI rate cut will boost economic growth and make loans affordable: Piyush Goyal

Thu, Feb 07, 2019

Finance Minister Piyush Goyal said the RBI rate cut will boost economic growth and make loans affordable. Watch this video to know more.

Indian businesses most optimistic globally about rise in exports: Report

Indian businesses most optimistic globally about rise in exports: Report

Fri, Jan 25, 2019

Commenting on the global outlook, Global Leader, Grant Thornton International, Francesca Lagerberg, said that while global financial markets are increasingly volatile, business leaders in the real economy remain optimistic because global GDP is forecast to continue growing and they know their business will grow with it.

Asia's central banks have almost no reasons to hike rates in 2019

Asia's central banks have almost no reasons to hike rates in 2019

Thu, Dec 20, 2018

Weaker economic growth and tepid price pressures in Asia will leave central banks in the region with few reasons to tighten policy next year -- especially as U.S. rate hikes slow -- unless a new bout of currency weakness forces them to do so.

India needs multiple reforms to be $6-7 tn economy by 2030: Ajay Chhibber

India needs multiple reforms to be $6-7 tn economy by 2030: Ajay Chhibber

Tue, Dec 18, 2018

"To achieve the target of USD 6-7 trillion economy by 2030, India needs to address challenges of competitiveness to compete in the global market on many fronts with the economic and administrative reforms along with transformation in health, education, labour, finance, police and judicial reforms," eminent economist Ajay Chhibber said.

India's high growth enough to offset worries about independence of RBI: S&P Global

India's high growth enough to offset worries about independence of RBI: S&P Global

Thu, Dec 13, 2018

India`s BBB- rating puts it on the bottom rung of the investment grade ladder, and sentiment towards the country was hit on Monday when central bank governor Urjit Patel resigned following a months-long tussle over policy with the government.

General elections 2019: Economic growth slows as PM Modi prepares for re-election

General elections 2019: Economic growth slows as PM Modi prepares for re-election

Sat, Dec 01, 2018

India`s economic growth fell to a worse-than-expected 7.1 percent in the July-September quarter, dragged down by a slower consumer spending and farm growth, in a setback for Prime Minister Narendra Modi who faces a national election by May.

Expert Views: India's economy grows 7.1 percent in July-September

Expert Views: India's economy grows 7.1 percent in July-September

Sat, Dec 01, 2018

India`s economy grew a lower-than-expected 7.1 percent in the July-September quarter from a more than two-year high of 8.2 percent in the previous quarter, government data showed on Friday.

Jobs 2018: This is what is slowing down employment growth

Jobs 2018: This is what is slowing down employment growth

Mon, Oct 22, 2018

Higher government spending, automation and sluggish growth in the real estate sector have been slowing down job growth rate to below economic growth rate in the last few years

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