Economic Growth

India's economic growth to slow in second half of current fiscal on tighter financial conditions, high oil prices: UBS

UBS expects real GDP growth to slow to 7-7.3 percent in the second half of this fiscal from 8.2 percent in June 2018 quarter

Nitin Gadkari asks auto industry to change its mindset, tells companies to be more future-oriented

Speaking at the MOVE global mobility summit, Nitin Gadkari said the government was clear with its policy to reduce import of oil and end pollution, for which it is encouraging alternative fuel technologies such as biofuels and electric mobility.

Indian economy seen growing steadily at 7.6% pace in April-June on improvement in manufacturing, finds poll

A few economists expect a slight slowdown in growth due to greater global economic uncertainty and domestic political risks from national elections scheduled for May 2019

Arun Jaitley cites IMF report to highlight economic growth under Narendra Modi govt, says India has 'come a long way'

Arun Jaitley drew a comparison between 2014 and 2018 IMF staff reports in order to highlight the economic growth that took place under Narendra Modi government

DBS raises real GDP forecast to 7.4% for current fiscal from 7.2% earlier on consumption and higher public spending

"The economy has recovered since the transitory shocks of demonetisation and GST rollout," DBS said in a research note adding that consumption both urban and non-farm and higher public spending is expected to lift growth.

International Labour Organisation for stronger implementation of wage law in India; cites low pay, inequality

ILO's India Wage Report said that the country's economy in the past two decades has seen an annual average GDP rate of 7 percent but low pay and inequality persist

GDP back series calculation: Mundle committee has shown the way but more work needed; politicising statistics must end

The NDA government needs to come out with a back series sooner rather than later.

India Ratings pegs down FY19 GDP forecast to 7.2% citing rising inflationary risks

The key reasons for the downward revision (GDP forecast) is the headwinds emanating from the elevated global crude prices and government's decision to fix MSPs of all kharif crops, India Ratings said

Narendra Modi says govt is committed to promoting ease of doing business; ensure 'robust' economic growth

Narendra Modi says govt has taken a "major decision" to change its approach towards central public sector enterprises (CPSEs) for "efficient management of public assets

Why Narendra Modi is a better bet for Indian economy in 2019; Rahul Gandhi-led Opposition has only anti-BJP rhetoric

Modi has a clear upper hand over the Opposition on economic issues in Asia’s third-largest economy, seen to be a contender to China in the race to become the world’s manufacturing hub in the next three decades.