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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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This budget will be Modi government's biggest challenge in 4 years

This budget will be Modi government's biggest challenge in 4 years

Tue, Jan 16, 2018

The tinkering of indirect taxes, which was an aspect of the budget that affected everyone in all corners of the country, is not within the Centre`s domain anymore.

Audi, BMW workers stage strikes amid talks over wages, hours

Audi, BMW workers stage strikes amid talks over wages, hours

Fri, Jan 12, 2018

Workers at German companies including premium carmakers Audi and BMW are staging further walkouts on Friday amid labour talks seeking higher pay and shorter working hours which are set to continue next week.

Indian origin lawmakers can be catalysts in India's growth: PM Modi

Indian origin lawmakers can be catalysts in India's growth: PM Modi

Tue, Jan 09, 2018

A record USD 16 billion of FDI came into the country last year, Modi said. This, the prime minister said, had happened due to far- reaching policy changes ushered in by his government, with "reform and transform" being its guiding principle.

Why you should invest in equity after retirement too

Why you should invest in equity after retirement too

Mon, Jan 08, 2018

As the interest rates on fixed deposit have gone down by around 2.5 per cent, senior citizen can keep their money growing by investing in equity.

Global Markets: Asian shares near record high, dollar weak as job, wage data awaited

Global Markets: Asian shares near record high, dollar weak as job, wage data awaited

Fri, Jan 05, 2018

Asian shares inched closer to a record high on Friday as U.S. jobs data pointed to firm economic growth although the greenback was soft as the spectre of benign inflation capped domestic bond yields.

Early indicators for Nov 2017 signal rebound in industrial growth: ICRA

Early indicators for Nov 2017 signal rebound in industrial growth: ICRA

Thu, Dec 21, 2017

The performance of ten of the 16 early volume-based indicators improved sequentially in November 2017, while several of the remaining indicators displayed a base effect-led moderation in the pace of YoY growth, said the report.

Modi govt may announce India's first employment policy in upcoming budget

Modi govt may announce India's first employment policy in upcoming budget

Fri, Dec 15, 2017

This policy that will outline a comprehensive road map for creation of quality jobs across sectors through economic, social and labour policy interventions.

India November inflation likely exceeded RBI's 4 percent target: Poll

India November inflation likely exceeded RBI's 4 percent target: Poll

Mon, Dec 11, 2017

India`s retail inflation likely breached the central bank`s 4.0 percent medium-term target in November after unseasonably heavy rains sent food prices soaring, a Reuters poll showed.

GDP growth in FY'19 likely to see marginal pick up at 7.2%: BofA-ML

GDP growth in FY'19 likely to see marginal pick up at 7.2%: BofA-ML

Wed, Dec 06, 2017

The country's economic growth is expected to continue with a "shallow recovery" next year, and is likely to inch up to 7.2 per cent in 2018-19 from an estimated 6.5 per cent in the current fiscal, says a report.

India's GDP growth recovers to 6.3% in second quarter of FY18

India's GDP growth recovers to 6.3% in second quarter of FY18

Thu, Nov 30, 2017

The CSO said that GDP at constant (2011-12) prices in Q2 of 2017-18 is estimated at Rs 31.66 lakh crore, as against Rs 29.79 lakh crore in Q2 of 2016-17, showing a growth rate of 6.3 percent.

India's economic growth may rebound as demonetisation, GST impact fades

India's economic growth may rebound as demonetisation, GST impact fades

Thu, Nov 30, 2017

Finance Minister Arun Jaitley said that India has standardised itself for a 7-8 per cent growth rate on the back of improving macroeconomic fundamentals.

Sensex edges higher ahead of GDP data; cautious on North Korea

Sensex edges higher ahead of GDP data; cautious on North Korea

Wed, Nov 29, 2017

Boader gains on Wednesday were capped as caution over the latest missile test by North Korea and softness in Chinese shares hit Asian markets. MSCI`s broadest index of Asia-Pacific shares outside Japan was down 0.08 percent.

Asian markets hit 10-year high on strong economy, oil gains

Asian markets hit 10-year high on strong economy, oil gains

Wed, Nov 01, 2017

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.6%, led by 1.1% gains in South Korea while Japan's Nikkei gained 1.4%.

TCS under GST would have slowed down e-commerce, economic growth, job creation, says FICCI

TCS under GST would have slowed down e-commerce, economic growth, job creation, says FICCI

Tue, Jun 27, 2017

FICCI says that the TCS provision under GST would have led to a slowdown in e-commerce, economic growth and job creation as it would have a direct impact on sellers on these platforms.

India's growth rate to nearly touch 8% next year, says UN Report

India's growth rate to nearly touch 8% next year, says UN Report

Tue, May 16, 2017

The UN economic report raised India's growth rate for next year by 0.3% to bring it to 7.9%.

Indian economy to grow at 7.4% this year, FICCI Survey finds

Indian economy to grow at 7.4% this year, FICCI Survey finds

Mon, May 15, 2017

KEY HIGHLIGHTS: 1. Indian economy to grow between 7% to 7.6% this year. 2. Agricultural sector is estimated to growth at 3.5% in 2017-18 3. Majority of economists surveyed supported Universal Basic Income

Only 21% feel millennials will have comfortable retirement

Only 21% feel millennials will have comfortable retirement

Mon, May 15, 2017

It said 40 per cent of Baby Boomers believe that their own generation is in the best position to retire comfortably.

Protectionism can blunt US firms' efficiency & can affect Indian companies, says FM Arun Jaitley

Protectionism can blunt US firms' efficiency & can affect Indian companies, says FM Arun Jaitley

Sun, May 07, 2017

India's finance minister Arun Jaitley while speaking at 'Asia's Economic Outlook: Talking Trade' on the sidelines of Asian Development Bank's 50th annual meet in Japan said that the US firms may become sluggish if cheaper products and efficient services are cut off to them due to protectionist policies.

Emerging economies account for over 75% of global growth: Arun Jaitley

Emerging economies account for over 75% of global growth: Arun Jaitley

Sat, Apr 22, 2017

The discussion sessions focused on the Compact with Africa, Financial Sector Development and Regulations, International Financial Architecture and Global Financial Governance.

India's gold demand may touch up to 950 tonnes level by 2020 on economic growth, greater transparency says WGC

India's gold demand may touch up to 950 tonnes level by 2020 on economic growth, greater transparency says WGC

Wed, Mar 08, 2017

World Gold Council on Wednesday said India's gold demand may go up to 950 tonnes level by 2020 on back of economic growth and greater transparency.

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