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Q3 GDP growth rate reaches 4.7% from 4.5%, major growth in agriculture sector

Q3 GDP growth rate reaches 4.7% from 4.5%, major growth in agricu...

Fri, Feb 28, 2020

According to official data released by the government on Friday evening, India's gross domestic product (GDP) reaches 4.7 percent in the third quarter (October-December) of 2019-20.

FM: 'There is no relief in Income Tax for Now'

FM: 'There is no relief in Income Tax for Now'

Tue, Dec 03, 2019

The government will not provide any relief in Income tax, they will deduct it on right time.

India's GDP growth slip to 4.5% from 7%

India's GDP growth slip to 4.5% from 7%

Fri, Nov 29, 2019

India's GDP growth slipped to 4.5%. Watch this video to know more.

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India's manufacturing index eases in Sept; RBI may cut rates: Survey

India's manufacturing index eases in Sept; RBI may cut rates: Survey

Mon, Oct 03, 2016

The growth of India's manufacturing industry eased in September with decline in growth of new orders, while weak inflationary rates may prompt RBI to cut rates in the upcoming monetary policy meet, according to a latest survey.

India's Ease of Doing Business rank should improve: Kaushik Basu

India's Ease of Doing Business rank should improve: Kaushik Basu

Sun, Oct 02, 2016

Hoping India will improve its ranking on World Bank's Ease of Doing Business Index, eminent economist Kaushik Basu has said the government also needs to be more active in promoting cohesiveness and diversity in the society, as economic reforms with political and social inclusiveness can help the

FPI inflows surpass Rs 20,000 crore in September, at 11-month high

FPI inflows surpass Rs 20,000 crore in September, at 11-month high

Sun, Oct 02, 2016

Foreign investors pumped in more than Rs 20,000 crore into the capital market in September, making it the highest net inflow in 11 months. This also marks the third consecutive month of positive inflows (equity and debt).

Index of Eight Core Industries rises 3.2% in August

Index of Eight Core Industries rises 3.2% in August

Fri, Sep 30, 2016

Index of Eight Core Industries comprising 38% of weight of items included in Index of Industrial Production (IIP) rose 3.2% in August 2016 as againt the same month of last year.

ICICI Prudential Life will outpace market growth in next few years: Chanda Kochhar

ICICI Prudential Life will outpace market growth in next few years: Chanda Kochhar

Thu, Sep 29, 2016

ICICI Prudential Life Insurance will outpace the market growth in next few years, the company's chairperson Chanda Kochhar said on Thursday.

Assure that GST will be applicable from April 1 across India: Arjun Ram Meghwal

Assure that GST will be applicable from April 1 across India: Arjun Ram Meghwal

Thu, Sep 22, 2016

The union government is abiding by the target date for implementing the goods and services tax (GST) to ensure that it is applicable from April 1, 2017 across India, Minister of State for Finance, Arjun Ram Meghwal said at an Assocham event held in New Delhi on Thursday.

Union Cabinet to consider presenting Budget for 2017-18 on February 1

Union Cabinet to consider presenting Budget for 2017-18 on February 1

Tue, Sep 20, 2016

Breaking from tradition, the general budget of the union government is likely to be presented on February 1 instead of the last day of the month, as part of an overhaul that would also scrap the practice of a separate railway budget.

Entrepreneurial spirit needed in society to achieve 9-10% growth: Amitabh Kant

Entrepreneurial spirit needed in society to achieve 9-10% growth: Amitabh Kant

Mon, Sep 19, 2016

The country needs to inculcate an "entrepreneurial spirit" in society to achieve 9 to 10% growth rate and expedite the process of scrapping unnecessary regulations to further improve ease of doing business, Niti Aayog CEO Amitabh Kant said in Mumbai on Monday.

India to clock 8% growth over next few years: S&P

India to clock 8% growth over next few years: S&P

Mon, Sep 19, 2016

Backed by broadening of domestic consumption base, S&P Global Ratings on Monday projected India to clock a "steroid-free" growth of 8% over the next few years.

India's salary growth at 0.2% since 2008 recession, China's at 10.6%

India's salary growth at 0.2% since 2008 recession, China's at 10.6%

Thu, Sep 15, 2016

India has seen a salary growth of just 0.2% since the great recession eight years back, while China recorded the largest real salary growth of 10.6% during the period under review, says a report.

Air Pollution deaths cost global economy about $225 billion in 2013: World Bank

Air Pollution deaths cost global economy about $225 billion in 2013: World Bank

Thu, Sep 08, 2016

Air pollution deaths have cost the global economy about $225 billion in lost labour income in 2013, according to a new study.

US employment growth slowed after two months gain

US employment growth slowed after two months gain

Fri, Sep 02, 2016

US employment growth slowed more than expected in August after two straight months of robust gains and wage gains moderated, which could effectively rule out an interest rate increase from the US Federal Reserve this month.

India likely to post current account surplus of $4 billion in April-June quarter: Nomura

India likely to post current account surplus of $4 billion in April-June quarter: Nomura

Fri, Sep 02, 2016

Japanese brokerage Nomura on Friday said the country is likely to post first quarterly current account surplus in nine years in the June quarter at $4 billion (nearly Rs 26,611 crore) or 0.8% of the gross domestic product (GDP).

Big News | GDP growth rate decreased from 7.9 to 7.1% in Q-1 (QoQ)

Big News | GDP growth rate decreased from 7.9 to 7.1% in Q-1 (QoQ)

Wed, Aug 31, 2016

GDP growth rate decreased from 7.9 to 7.1% in Q-1 (QoQ). Watch complete news story of News @ 5:30 PM for getting detailed updates!

India's first quarter GDP growth slows to 7.1%

India's first quarter GDP growth slows to 7.1%

Wed, Aug 31, 2016

Abheek Barua, Chief Economist, HDFC Bank said, "While an unfavorable base effect is at play, there is a likely slowdown in services sector activity, which alone explains more than half of the moderation in overall growth. Within the industrial sector, while mining has shown positive traction, there is a possible moderation in activity for manufacturing and construction sectors."

Despite 1.2 billion population, why does India struggle to win Olympic medals?

Despite 1.2 billion population, why does India struggle to win Olympic medals?

Thu, Aug 25, 2016

The Indian contingent to Rio Olympics 2016 was made up of 118 players competing for 15 disciplines. At the last tally, we returned home with two medals, one silver, and one bronze.

Where does India stand globally on defence spends?

Where does India stand globally on defence spends?

Mon, Aug 22, 2016

While the US' spends on defence is the maximum on defence reaching to $571 billion in 2014, but in terms of military expenditure as a percentage of the GDP it ranks fourth with 3.5%.

Moody's retains India GDP forecast, ups China's estimates

Moody's retains India GDP forecast, ups China's estimates

Thu, Aug 18, 2016

A change in US policy stance that contributes to a weakening of the current global trade and security architecture could have a detrimental impact on global confidence and growth, and would prompt us to revise our forecasts, Moody's said.

Middle class families scared of Income Tax authorities, I will change that: PM Modi

Middle class families scared of Income Tax authorities, I will change that: PM Modi

Mon, Aug 15, 2016

Prime Minister Modi said in the last 60 years, 14 crore people were given gas connections, while the present government provided gas connections to over four crore people in 60 weeks."We have connected 70 crore Indians to Aadhaar and social security schemes. We are working to bring in social change. In such a short span of time we have built two crore toilets. Over 70,000 villages are free from open-defecation," he added.

Services PMI rises to three-month high in July on buoyant orders

Services PMI rises to three-month high in July on buoyant orders

Wed, Aug 03, 2016

"The Indian service economy started the second semester on a solid footing, posting its strongest performance since April and thereby indicating that underlying demand conditions remained reasonably firm," said Pollyanna De Lima, economist at survey compiler Markit.

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