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Indian economy grows 7.3% in 2014-15; manufacturing, services shine

May 30, 2015

Indian economy grows 7.3% in 2014-15; manufacturing, services shine

The country's manufacturing output grew by 8.4 percent in the quarter to March, but farming retreated by 1.4 percent, the data showed. #Economy #GDP #Narendra Modi #NewsTracker #Fiscal deificit
Deutsche expects RBI to cut policy rates by 0.25% next week

May 29, 2015

Deutsche expects RBI to cut policy rates by 0.25% next week

Germany's Deutsche Bank joined the chorus of rate cut-callers on Friday saying it expects Reserve Bank Governor Raghuram Rajan to effect a quarter percentage point reduction in the policy rates on Tuesday. #Business #Economy #GDP #RBI #NewsTracker #Germany #Raghuram Rajan #Deutsche Bank #Deutsche
Industry says downside risks persist even as economy picks up

May 29, 2015

Industry says downside risks persist even as economy picks up

The Indian economy grew at 7.3 percent in 2014-15 due to improvement in the performance of both services as well as manufacturing sectors. #Economy #GDP #NewsTracker #ASSOCHAM #Agriculture #Repo rate #FICCI #CII #PHD Chamber
Jaitley rebuts Manmohan's comments, says economy not fragile

May 29, 2015

Jaitley rebuts Manmohan's comments, says economy not fragile

The minister said 7 percent plus manufacturing growth sends signals of economic revival. #Manmohan Singh #GDP #NewsTracker #Arun Jaitley #manufacturing #Rajiv Mehrishi
Modi meets budget deficit goal; cut in capital spending, low crude price help

May 29, 2015

Modi meets budget deficit goal; cut in capital spending, low crude price help

With banks weighed down by bad loans, company profits squeezed, rural demand weak and exports depressed, the government recognises it will have to take the lead to meet its jobs and growth goals. #Economy #HowThisWorks #GDP #Narendra Modi #fiscal deficit #Subsidy #Tax #Budget deficit
Sensex closes 322 points higher marking biggest single-day gain in nine sessions; Bharti Airtel leads rally

May 29, 2015

Sensex closes 322 points higher marking biggest single-day gain in nine sessions; Bharti Airtel leads rally

On a month-on-month basis, the Sensex registered its first monthly gain in May over the previous two months #Sensex #GDP #nifty #Moody's
Moody's sees March quarter GDP slowing to 7.2 percent on weak global demand

May 28, 2015

Moody's sees March quarter GDP slowing to 7.2 percent on weak global demand

Lower production and weak global demand to temper growth output #Economy #GDP #Commodity #Moody's #Reserve Bank
India tipped to grow faster than China in PM Modi's first year

May 28, 2015

India tipped to grow faster than China in PM Modi's first year

When India releases Gross Domestic Product (GDP) data on Friday that is expected to show the economy growing faster than China for a second consecutive quarter, skeptics could be forgiven for asking: Why does it feel so slow? #Business #India #China #market #GDP #Narendra Modi #NewsTracker #Modi government
FY15 GDP may have grown lower at 7.3% than CSO estimate, says study

May 27, 2015

FY15 GDP may have grown lower at 7.3% than CSO estimate, says study

The agency expects a 22.5 percent year-on-year decline in net exports for FY15 as against the CSO advance estimate of a decline of 19.5 percent. #Economy #GDP #NewsTracker #CSO #IndiaRatings