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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 GDP at 7.2% in Q3FY18; second advance estimate stands at 6.6% for FY18

India's GDP at 7.2% in Q3FY18; second advance estimate stands at 6.6% for FY18

Wed, Feb 28, 2018

GDP at constant (2011-12) prices in Q3 of 2017-18 is estimated at Rs 32.50 lakh crore, as against Rs 30.32 lakh crore in Q3 of 2016-17, showing a growth rate of 7.2%.

India GDP growth rate for 2018 pegged at 7.6% by Moody's

India GDP growth rate for 2018 pegged at 7.6% by Moody's

Wed, Feb 28, 2018

Moody's Investors Service today said Indian economy is starting to recover from the negative impact of demonetisation and disruption caused by GST roll out, but kept GDP growth estimates unchanged at 7.6 per cent for 2018.

India's growth pace for October-December quarter could top China's rate

India's growth pace for October-December quarter could top China's rate

Wed, Feb 28, 2018

If there was 6.9 percent growth, that would top China`s 6.8 percent annual pace for October-December. The last time India had a faster growth rate was in the final three months of 2016.

Definite change is now visible, says PM Modi

Definite change is now visible, says PM Modi

Sat, Feb 24, 2018

He said this change in the economic and social content, represents the essence of the new rules for the new India and the new economy

Incentives for green tech, artificial intelligence likely in new industrial policy

Incentives for green tech, artificial intelligence likely in new industrial policy

Sun, Feb 18, 2018

The proposed policy, the draft of which has been released by the commerce and industry ministry for consultation with various stakeholders, will completely revamp the Industrial Policy of 1991.

Task to strengthen public finances left to next govt: Fitch Ratings

Task to strengthen public finances left to next govt: Fitch Ratings

Tue, Feb 06, 2018

The fiscal slippage of 0.3 per cent of GDP in both 2017 -18 and 2018-19 is relative to last year's budget targets of 3.2 per cent and 3 per cent of GDP, respectively. The target for current fiscal was missed largely because of higher expenditure, Fitch said.

'Modicare' to cost about $1.7 billion a year: Source

'Modicare' to cost about $1.7 billion a year: Source

Fri, Feb 02, 2018

Prime Minister Narendra Modi’s plan to provide health insurance for about half the country`s population would require an estimated 110 billion rupees ($1.72 billion) in central and state funding each year, an official told Reuters.

Budget philosophy in overall national interest: Jaitley

Budget philosophy in overall national interest: Jaitley

Fri, Feb 02, 2018

"To have a stressed agriculture sector and ramshackle infrastructure does not serve the country`s interests," Jaitley said, adding that the farm sector had been under "a lot of stress for the last seven to eight years."

High govt debt burden constrains India's rating: Fitch

High govt debt burden constrains India's rating: Fitch

Fri, Feb 02, 2018

Fitch Ratings today said high debt burden of the government constrains India's rating upgrade, a day after Finance Minister Arun Jaitley projecting a fiscal deficit of 3.5 per cent of GDP against the earlier target of 3.2 per cent.

Jaitley makes an effort to please all through his budget

Jaitley makes an effort to please all through his budget

Thu, Feb 01, 2018

Finance Minister Arun Jaitley today presented the Budget for 2018-19 with several important announcements. Jaitley spoke of massive spending on rural infrastructure, to win over voters in the countryside where two-thirds of India`s people.

1 or 2 states may roll out universal income in two years: CEA

1 or 2 states may roll out universal income in two years: CEA

Mon, Jan 29, 2018

Chief Economic Advisor (CEA) Arvind Subramanian today expressed hope that at least one or two states will implement the idea of universal basic income (UBI) in the next two years.

Sensex, Nifty end at record high as Economic Survey projects higher GDP in FY19

Sensex, Nifty end at record high as Economic Survey projects higher GDP in FY19

Mon, Jan 29, 2018

The S&P BSE Midcap and the S&P BSE Smallcap underperformed and shed up to 1 per cent.

Priority to social infrastructure like education, health: Economic Survey.

Priority to social infrastructure like education, health: Economic Survey.

Mon, Jan 29, 2018

As the way forward, the Economic Survey 2017-18 recommends that though macro-economic growth and efficient markets are essential, it is necessary to equally ensure that the benefits of growth are equitably accessible to all citizens to make growth broad-based.

Economic Survey: India to clock 6.75% GDP in FY18

Economic Survey: India to clock 6.75% GDP in FY18

Mon, Jan 29, 2018

Here are key takeaways from the economic survey of the year gone by.

Modi stoutly defends his economic policy, says note ban a huge success

Modi stoutly defends his economic policy, says note ban a huge success

Mon, Jan 22, 2018

Modi said his government was taking decisions to fulfil the needs and aspirations of the common man.

India's fiscal deficit may widen to 3.5% in FY19: Report

India's fiscal deficit may widen to 3.5% in FY19: Report

Sun, Jan 21, 2018

The mix will still be favourable and hence we don't expect macro stability risks to arise, the report said

Gender parity can boost India's GDP by 27%: WEF co-chairs

Gender parity can boost India's GDP by 27%: WEF co-chairs

Sun, Jan 21, 2018

Women would account for 21% of the overall participation at the meeting to be attended by over 3,000 world leaders

India to become fastest growing large economy in 2018: Report

India to become fastest growing large economy in 2018: Report

Sun, Jan 21, 2018

The report says when the rest of the world offers low growth and insufficient structural change, India, by contrast, is seen as a reforming economy with the prospect of strong long-term growth

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.

Realty sector seeks infra status, tax rationalisation in upcoming Budget

Realty sector seeks infra status, tax rationalisation in upcoming Budget

Mon, Jan 15, 2018

Extending infra status to the sector will help developers raise funds at lower rates and, in turn, reduce their project costs

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