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India's growth News

31 May 2023

India Meets FY2023 Fiscal Deficit Target Of 6.4%

The government's capital spending on infrastructure projects increased 24.2% from last year to 7.36 trillion rupees, aiding the economy.

03 Apr 2019

India set to grow at 7.2% this fiscal on rising consumption: ADB

India is expected to rebound to 7.2 percent in 2019 and 7.3 percent in 2020.

17 Apr 2018

India will grow at 7.4 percent in 2018, China at 6.6 percent, projects IMF

India has made progress on structural reforms in the recent past.

India's economic growth

26 Dec 2017

India to become world’s 5th largest economy in 2018, passing UK and France: Report

India looks set to leapfrog Britain and France next year to become the world's fifth-largest economy in dollar terms, a report showed on Tuesday.

13 Dec 2017

ADB lowers India's GDP forecast for FY-18 to 6.7%

India rebounded to 6.3 percent growth in the second quarter ended in September for this fiscal.

23 May 2017

India must be an engine of global growth: PM Narendra Modi

Our aim is that India must be an engine of growth as well as an example in climate friendly development in the years to come, Prime Minister Narendra Modi said on Tuesday.

08 May 2017

India to grow 7.5% next year on higher infra spending: UN

The Indian economy will grow 7.5 percent next year by virtue of consumption revival and higher infrastructure spending, says a report by the UN Economic and Social Commission for Asia and the Pacific (ESCAP).

28 Apr 2017

GST to push India's growth but bad loans still a problem: IMF

Lower global oil prices have boosted economic activity, and helped lower inflation.

India's Q3 GDP growth

28 Feb 2017

India’s Q3 GDP grows at 7%; full year growth projection retained at 7.1% despite demonetisation concerns

India's Gross Domestic Product (GDP) grew at a rate of 7% in the October-December quarter of the fiscal year 2016-17 after factoring in the note ban impact.

13 Feb 2017

India not impacted by protectionism talk, global slowdown: FM Jaitley

The rhetoric of protectionism in developed economies and unpredictable global slowdown have not affected India and it is determined to grow with focus on investments, Finance Minister Arun Jaitley said on Monday.

25 Nov 2016

Despite demonetisation, India's GDP growth to be higher than China's: Fitch Ratings

While there are many facets to India`s demonetisation measure making it difficult to predict the impact on real gross domestic product (GDP) growth, the growth will still be higher than China`s in the medium term, said Fitch Ratings.

04 Oct 2016

Rate cut to boost liquidity, achieve near 8% growth: Finance Ministry

The Finance Ministry on Tuesday said the 0.25 percent rate cut by the Reserve Bank will inject liquidity in the system and help achieve closer to 8 percent growth in the current fiscal.

India's economic growth

31 Aug 2016

India's Q1 GDP growth slows to 7.1%, lowest in 6 quarters

Indian economy grew at the slowest pace in last six quarters at 7.1 percent in the April-June period of current fiscal mainly on subdued performance of mining, construction and farm sectors.

15 Aug 2016

Special report on India's growth in the past 70 years

27 Jul 2016

'India more than capable of achieving 100 Smart City goal'

The notification provided for a consolidated pay package of Rs 4.5 lakh for Chairpersons of sector regulators.

05 Jul 2016

'India's growth to be challenged by subdued global demand'

India's growth over the coming years will be challenged by lacklustre global demand, high corporate leverage and impaired credit supply, Moody's Investors Service Tuesday said.

15 Jun 2016

India has low debt burden, growth outlook promising: HSBC

India with a low leverage score looks promising among emerging Asian countries, which can deliver a solid growth rate and where the potential for a significant expansion is maximum, says an HSBC report.

07 Apr 2016

Exceedingly high oil prices can create problem: Jaitley

Even if oil prices move a little higher, they will not be negative for India but "exceedingly high" rates create problems for the country, Finance Minister Arun Jaitley said on Thurday.

India's economic growth

03 Feb 2016

India's economy on much higher, stabler footing: FM Jaitley

Amid global uncertainty, Finance Minister Arun Jaitley on Wednesday said it is important for India to emerge out of the crisis stronger as it is on a much higher and stabler footing than other nations.

India's economic growth

30 Jan 2016

FM Arun Jaitley pitches for reforms, not populism, to push growth

Jaitley said the government would not pursue retrospective tax claims and added that he would like the remaining two or three disputes to get resolved "as expeditiously as possible".

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