Fy18
Recent Highlights
All Stories for Fy18
GDP growth seen at four-year low of 6.5% in 2017-18, dragged by agriculture, manufacturing
•"The growth in GDP during 2017-18 is estimated at 6.5 percent as compared to the growth rate of 7.1 percent in 2016-17," said the Central Statistics Office (CSO) while announcing the first advance estimates of National Income 2017-18.
NCAER ups FY'18 GDP growth to 7.6% on normal monsoon
•In its quarterly review of the economy, NCAER said prospects for the agricultural sector in 2017-18 remain optimistic on forecast of good rains.
RBI monetary policy: Central bank lowers growth forecast to 7.3% for FY18
•Hit hard by demonetisation, India lost the tag of the fastest growing economy to China in the March quarter with a GDP growth of 6.1 percent
World Bank forecasts Indian economy to grow 7.2% in FY18; GST to have positive impact
•In its report on South Asian Economy, the World Bank said that "significant risks" to economic growth could emanate from fallout of demonetisation on small and informal economy, stress in the financial sector and uncertainty in global environment.