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Economic growth

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RBI policy: How governor Raghuram Rajan lobbed the ball into Arun Jaitley's court

Feb 03, 2016

RBI policy: How governor Raghuram Rajan lobbed the ball into Arun Jaitley's court

The RBI has noted that domestic economic activity lost momentum in the third quarter of 2015-16, due to slackening agricultural and industrial growth #Interest rate #Economic growth #Arun Jaitley #Raghuram Rajan #spending #fiscal consolidation #Rate cut #Union Budget 2016 #Budget & Economy
Rajan's about-turn on GDP: Why central bankers should be clear on what they speak

Feb 01, 2016

Rajan's about-turn on GDP: Why central bankers should be clear on what they speak

the governor possibly didn’t intent to question the accuracy of India’s GDP numbers or the method of calculating GDP. But, clearly, his comments did appear to do so and spread confusion #RBI #Economic growth #Raghuram Rajan #GDP calculation #new GDP
Ahead of Budget, RBI's Rajan warns of debt-driven growth, reminds of fiscal road map

Jan 30, 2016

Ahead of Budget, RBI's Rajan warns of debt-driven growth, reminds of fiscal road map

Ahead of the Budget, RBI Governor Raghuram Rajan on Friday warned against generating economic growth through additional debt saying that any deviation from the fiscal consolidation path will hurt stability of the economy. #GDP #Debt #NewsTracker #Economic growth #fiscal deficit #stocks #Raghuram Rajan #Modi #Union Budget 2016 #Budget & Economy
Isn't it time we stopped thumping our chests for being

Jan 29, 2016

Isn't it time we stopped thumping our chests for being "fastest-growing economy"? We are not

Here's the tail-sting to puncture the fastest-growing economy claim: for three consecutive years, our GDP in dollar terms has barely budged from $2 trillion, thanks to the rupee's decline #GDP #Economic growth #Arun Jaitley #Raghuram Rajan #revival #new methodology #fastest growing economy
IMF retains FY17 India GDP forecast at 7.5%, cuts world growth

Jan 19, 2016

IMF retains FY17 India GDP forecast at 7.5%, cuts world growth

The International Monetary Fund (IMF) today kept India's growth projection unchanged at 7.3 per cent in the current fiscal and 7.5 per cent in the next, even as it cut world economic outlook to 3.4 per cent for 2016. #World #India #China #GDP #US #IMF #Economic growth #Forecast
Bright spot: World Bank sees India growing 7.8% next yr but flags political logjam among risks

Jan 07, 2016

Bright spot: World Bank sees India growing 7.8% next yr but flags political logjam among risks

The report expects India to grow 7.8 percent in 2016-17, up from 7.3 percent in 2015-16 #World Bank #China slowdown #Economic growth #Parliament logjam
Dec PMI shows deeper stress in manufacturing, but it is not a trigger for panic

Jan 05, 2016

Dec PMI shows deeper stress in manufacturing, but it is not a trigger for panic

One should watch the PMI numbers over a period of time and should not press the panic button as yet #Inflation #Economic growth #manufacturing #Slowdown #PMI #RBI rate cut #US Fed rate hike #Chennai Floods
It's high time Congress party rethinks its GST stance. Here's why

Jan 04, 2016

It's high time Congress party rethinks its GST stance. Here's why

In the current context, where the BJP is seemingly agreeing to two out of three demands of the Congress on GST, the Congress party should rethink its stance on the GST Bill, considering the merits it can bring to the economy, and support its passage #Congress #BJP #reform #Economic growth #Chidambaram #Venkaiah Naidu #GST Bill #additional levy #standard GST rate
Govt pares FY16 growth forecast to 7-7.5% from 8.1-8.5% earlier

Dec 19, 2015

Govt pares FY16 growth forecast to 7-7.5% from 8.1-8.5% earlier

The revision came after Asia's third-largest economy grew 7.2 percent in the first half of the 2015/16 fiscal year #Inflation #Economic growth #fiscal deficit #Arvind Subramanian #Winter session #Mid-year economic review