Indian Economy

Result: 1- 8 out of 773 Article found
Kolkata Chit fund scam: Five held for duping investors across country of ‘crores’

Q1FY19 Earnings: Modest show despite help from a weak base

Heightened competition across sectors — from telecom to two-wheelers — is robbing firms of pricing power and they are struggling to pass on the increased costs of raw materials.

Simply Put: Why a currency war is a worry

Trade skirmishes raise fears of a global currency war. A look at how it can affect India and other economies.

Arun Jaitley: Changes in anti-graft law to prevent harassment of honest officers

India poised to pip Britain to become 5th largest economy next year : Arun Jaitley

“India’s growth story at a fast pace is likely to continue as per assessment of all credible agencies. Obviously, a high trajectory growth leads to a higher revenue,” Jaitley said in his blog

cii, industry growth, gdp, ceo opinion poll, confedaration of indian industry, indian express

India becomes sixth largest economy in the world, overtakes France

The country’s economy grew at a seven-quarter high of 7.7 per cent in the three months ended March 2018, helped by higher government spending and investment.

karnataka budget, karnataka government, indian economy, indian farmers, msp crops, crop loans, farm loans, indian express

Costly gambit

On Thursday, the Karnataka government announced a Rs 34,000-crore scheme waiving defaulted crop loans up to Rs 2 lakh taken by 17.32 lakh farmers in the state till December 31 last year.

The lurking bear

India is not in a bear market yet. But the risks are high enough for investors to turn vigilant.

moodys rating, moody rates india, amit shah, narendra modi, amit shah, congress, gdp, india news, india express, indian express news

India among least vulnerable to currency pressures: Moody’s

Although India’s debt affordability is relatively weak, the average maturity of debt is close to 10 years and over 96 per cent of it is in local currency.

Rupee, Rupee value, Rupee vs dollar, Rupee value today, rupee today, Share market, Sensex, Srock market, Rupee fall, Rupee gain, business news, Indian express news

FPI fund flight over trade war fears increases pressure on Rupee

According to FPI fund flow data sourced from CDSL, the net outflows in the calendar 2018 (till June 28) aggregated to an all-time high of Rs 46,195 crore, even higher than the outflow of Rs 41,216 crore witnessed in 2008 — during global financial crisis.

The FIU has been intensely involved in collection and collation of several reports related to demonetisation during November-December, 2016.

CAD for fiscal 2018 rises to 1.9 per cent on higher trade deficit

According to the central bank, CAD for the quarter ended March 2018 was at $13 bn (1.9 per cent of GDP) as against $2.6 bn (0.4 per cent) in Q4 of 2016 -17, but moderated marginally from $13.7 bn (2.1 per cent of GDP) in the preceding quarter.

Ficci said the GDP growth of 7.7 per cent recorded in the fourth quarter of 2017-18 clearly shows that Indian economy is on an uptrend.

India has only 10 years to be a developed nation: SBI study

The SBI report has said India has only one decade to change its status into a developed country and will need to focus on education, failing which the much-hailed ‘demographic dividend’ will turn into a disadvantage.

Former finance minister P Chidambaram.

Chidambaram launches 10-point attack on Modi govt over economic policies

Talking about unemployment in the country, Chidambaram said, “So far, nobody has bought the innovative idea that ‘frying pakoras is also a job’.” He also added that demonetisation and GST have had an adverse impact on the Indian economy.

economic development, indian economy, economy, job survey, gdp, epfo data, industrial production, epfo payroll

Measuring Economic Development: Data points undergo changes in 4 yrs

GDP growth rates for pre-2011-12 years, making it impossible to compare the new growth data with the growth during the UPA years.

Biggest outflow of foreign institutional money in 10 years

While the net FPI outflow in April stood at Rs 15,561 crore ($2.35 bn) and Rs 29,775 crore ($4.4 bn) in May, the aggregate for the first five months this year amounted to a net outflow of Rs 32,078 crore ($4.4 bn).

The FIU has been intensely involved in collection and collation of several reports related to demonetisation during November-December, 2016.

Purchasing Managers’ Index: Services sector shrinks for first time in three months

The Nikkei/IHS Markit Services Purchasing Managers’ Index fell to 49.6 in May from April’s 51.4, sinking below the 50-mark that separates growth from contraction.

Provisional estimates: Good rabi crop, uptick in factory output lift GDP up to 7.7%

The country had recorded GDP growth of 7.1 per cent in the previous financial year (2016-17). Growth is projected to rebound to 7.5 per cent this year.