GDP

06:28 PM
GDP growth slows to five-year low at 5.8 pc in Jan-Mar

India's economic growth rate slowed to five-year low of 5.8 per cent in January-March 2018-19, due to poor performance in agriculture and manufacturing sectors, official data released Friday said.

12:18 PM
RBI cuts repo rate by 25 basis points to 6 pc

The Reserve Bank of India (RBI) on Thursday cut repo rate for the second consecutive time this year to 6 per cent from the current 6.25 per cent, a move that will cheer industry leaders over relief from high borrowing costs a week before the first ph

12:39 PM
ADB: Indian economy to grow at 7.2 pc in FY 19 due to rising consumption

Domestic demand is expected to remain the main driver as India's GDP picks up to grow at 7.2 per cent in 2018-19 and 7.3 per cent in 2019-20, the Asian Development Bank said on Wednesday.

12:32 PM
Nobody has hurt India's global reputation more than Modi govt, says Congress

Nobody has hurt India's global reputation and credibility more than the Modi government, the Congress alleged on Friday after over 100 economists and social scientists expressed concerns over "political interference" in statistical data in the countr

04:49 PM
DEA Secretary Garg: Revised GDP estimate of 7 pc due to higher base

The Department of Economic Affairs (DEA) said on Friday that the revised gross domestic product (GDP) estimate for 2018-19 to 7 per cent is at a higher base.

10:28 AM
World Bank pegs India's growth rate at 7.3 pc for current fiscal

India's growth rate is expected to accelerate to 7.3 per cent during the current financial year ending March 2019, the World Bank has said.

12:35 PM
Chidambaram pokes fun at BJP for celebrating GDP data

Congress leader P Chidambaram poked fun at the BJP Saturday over the GDP growth data, saying it did not warrant any jubilation by the ruling party.

03:54 PM
Arun Jaitley hits back at Chidambaram, says new data series on GDP more realistic

Finance Minister Arun Jaitley on Thursday asserted that the new data provides greater clarity about the real state of Indian economy and can easily be used for global comparison.

10:53 AM
Sensex, Nifty rally on robust GDP data, rupee recovery

The BSE Sensex rallied nearly 300 points in early session Monday on fresh buying in IT, teck and capital goods counters following robust GDP growth rate for the April-June quarter of fiscal and recovery in rupee.

11:04 AM
China sets GDP growth target of 6.5 percent for 2018

China set its Gross Domestic Product (GDP) growth target at around 6.5 percent for the year 2018-19, according to a government work report.

04:19 PM
Govt to change base year for GDP, IIP to 2017-18

The government will change the base year to 2017-18 for the calculation of GDP and IIP numbers while for retail inflation the year will be revised to 2018, Union minister D V Sadananda Gowda said today.

10:42 AM
World Bank: GDP growth to touch 7.3 percent in 2018-19

India's Gross Domestic Product (GDP) is expected to grow by 6.7 percent in FY 2017-18 and will pick up to 7.3 percent in 2018-19, and to 7.5 percent a year in the medium term, a report released by the World Bank stated.

01:03 PM
Rahul mocks Modi-Jaitley over GDP growth

In the wake of Ministry of Statistics and Programme Implementation releasing Gross Domestic Product (GDP) numbers during 2017-18, Congress President Rahul Gandhi on Saturday took to Twitter to make a witty remark about Prime Minister Narendra Modi an

01:21 PM
NITI: Institutions' autonomy hinges on academic quality

Entrusted with a task to suggest reform measures for the higher education sector, Niti Aayog has said centrally funded educational institutions that are performing well will get more financial and operational autonomy.

04:30 PM
Rahul Gandhi slams Centre: 'Falling GDP, Rising unemployment'

Congress vice-president Rahul Gandhi on Thursday took to Twitter announcing the GDP figures with rising unemployment growing in the country.

03:50 PM
Arun Jaitley: Several factors responsible for decline in GDP growth

"Seven-eight per cent growth is fairly reasonable level of growth and very good by global standard and reasonable by Indian standard," Jaitley said while addressing media on completion of three years of the Modi government.

01:14 PM
PM Modi: 2.5 percent GDP to be spent on health sector

The aim of our government is to spend 2.5 percent from GDP in the health sector in the coming years," Prime Minister Modi said.