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India Eyes Global Role in Growing Semiconductor, Electronics Sector: MoS Chandrasekhar

India Eyes Global Role in Growing Semiconductor, Electronics Sector: MoS Chandrasekhar

Wed, Jan 24, 2024

Minister Rajeev Chandrasekhar emphasised the Indian government's commitment to nurturing a high-skilled tech workforce. This talent, he said, will not only drive India's own growth but also contribute significantly to the global tech landscape, particularly in the field of semiconductors and electronics. He highlighted the ongoing investments and infrastructure development aimed at building a competitive Indian semiconductor ecosystem.

India could be $5 trillion economy by 2025, says Union Petroleum Minister Hardeep Puri

India could be $5 trillion economy by 2025, says Union Petroleum Minister Hardeep Puri

Tue, Jan 23, 2024

The Indian economy is expected to grow 7.3 per cent in the current financial year 2023-24, remaining the fastest-growing major economy, the National Statistics Office said on January 5.

Nifty Hits Record High: Analyzing the Journey from 21000 to 22000 in 2024!

Nifty Hits Record High: Analyzing the Journey from 21000 to 22000 in 2024!

Mon, Jan 15, 2024

Nifty has crossed 22000 for the first time, How was the journey from 21000 to 22000? What are the targets of brokerages on NIFTY for 2024?

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India's international service export stands at $15.39 billion in November

India's international service export stands at $15.39 billion in November

Mon, Jan 15, 2018

Monthly data on services are provisional and would undergo revision when the BoP data are released on a quarterly basis, RBI said.

India has huge potential, projects 7.3% growth in 2018, says World Bank

India has huge potential, projects 7.3% growth in 2018, says World Bank

Wed, Jan 10, 2018

With an "ambitious government undertaking comprehensive reforms", India has "enormous growth potential" compared to other emerging economies, the World Bank said today, as it projected country's growth rate to 7.3 per cent in 2018 and 7.5 for the next two years.

Growth in bank credit a positive sign: CARE Ratings

Growth in bank credit a positive sign: CARE Ratings

Mon, Jan 08, 2018

The CARE report said the higher growth in credit during the first 9 months of the year needs to be interpreted in the relevant perspective.

Reforms pave the way for India's stronger medium-term growth: Report

Reforms pave the way for India's stronger medium-term growth: Report

Mon, Jan 08, 2018

Key highlights:

Indian economy's four-year low data surprise experts, analysts

Indian economy's four-year low data surprise experts, analysts

Mon, Jan 08, 2018

GDP numbers stood at 6.3% in the second quarter of FY18 (Q2FY18) from 5.7% in the preceding quarter.

GDP growth will become more robust in 2018-19: Dr Rajiv Kumar

GDP growth will become more robust in 2018-19: Dr Rajiv Kumar

Fri, Jan 05, 2018

Reacting on the growth estimates released today, the Vice Chairman of NITI Aayog said that the second half GDP growth in 2017-18 has risen to 7% bringing the annual growth rate to 6.5%.

What will be India's advanced GDP numbers for FY18?

What will be India's advanced GDP numbers for FY18?

Fri, Jan 05, 2018

India’s GDP growth surged by 6.3% in the September quarter compared to 7.5% in the corresponding period of the previous year.

India's December Nikkei manufacturing PMI rises to 54.7

India's December Nikkei manufacturing PMI rises to 54.7

Tue, Jan 02, 2018

Key highlights:

India economy went through challenging phases in 2017: CARE Ratings

India economy went through challenging phases in 2017: CARE Ratings

Fri, Dec 29, 2017

For the first half of the year, growth has come in lower at 6% compared with 7.7% in H1-FY17. There was only one sector, trade, transport, hotels etc, which registered higher growth in H1-FY18 at 10.5% compared with 8.3% last year, the rating agency said.

Additional central borrowing a negative surprise: BofAML

Additional central borrowing a negative surprise: BofAML

Fri, Dec 29, 2017

The global brokerage expects Finance Minister Arun Jaitley to hold to the fiscal deficit target of 3.2 per cent of GDP, same as 2017-18, with net borrowing of Rs 4,92,000 crore.

Indian economy to be 5th largest in 2018: World Economic League

Indian economy to be 5th largest in 2018: World Economic League

Wed, Dec 27, 2017

It would be the first time when the Indian economy will overtake the UK and France in real money dollar terms, the ninth-edition of the report released by London-based Centre for Economics and Business Research showed.

India's GDP growth to be around 7.5% in 2018: Nomura report

India's GDP growth to be around 7.5% in 2018: Nomura report

Mon, Dec 25, 2017

The Nomura report noted that a tightening of monetary policy is likely owing to inflationary pressures and higher oil prices.

Microsoft AI helping Indian farmers increase crop yields

Microsoft AI helping Indian farmers increase crop yields

Sun, Dec 17, 2017

New technologies such as Artificial Intelligence (AI), Cloud Machine Learning, Satellite Imagery and advanced analytics are empowering small-holder farmers in India to increase their income through higher crop yield and greater price control, Microsoft India said.

Need to continue momentum on building infrastructure: FM Jaitley

Need to continue momentum on building infrastructure: FM Jaitley

Thu, Dec 14, 2017

Explaining the rationale for massive capital infusion plan in public sector banks, Jaitley said that lending capacity of banks was constrained due to capital inadequacy.

India growth to normalise in next four to six quarters, says Standard Chartered

India growth to normalise in next four to six quarters, says Standard Chartered

Thu, Dec 14, 2017

The report said that economic growth has bottomed out after slowing to a 13-quarter low of 5.7% in April-June 2017, but predicted growth recovering further to 7% over the next few quarters (6.3% in July-September 2017), supported by several factors.

India's current account deficit more than doubles in Q2 FY18

India's current account deficit more than doubles in Q2 FY18

Wed, Dec 13, 2017

RBI said that India's CAD rose to $7.2 billion (1.2%) in the second quarter of 2017-18 as against $3.4 billion, or 0.6% of the GDP in thte same quarter of last year. The data further revealed that CAD narrowed sharply from $15 billion in the first quarter of the current fiscal year (2.5% of the GDP).

ADB lowers India's 2017 growth outlook to 6.7%

ADB lowers India's 2017 growth outlook to 6.7%

Wed, Dec 13, 2017

The recovery in the Indian economy "is more subdued than assumed earlier due to rising crude oil prices, soft private investment growth, and weather-related risks to agriculture," the ADB said.

India's growth rate to accelerate to 7.2% in 2018, 7.4% in 2019: UN

India's growth rate to accelerate to 7.2% in 2018, 7.4% in 2019: UN

Tue, Dec 12, 2017

The report warned that for India "the anaemic performance of private investment remains a key macroeconomic concern." "Gross fixed capital formation as a share of GDP has declined from about 40 per cent in 2010 to less than 30 per cent in 2017," the report said.

FM asked to raise old age pension, give more thrust on disinvestment of PSUs

FM asked to raise old age pension, give more thrust on disinvestment of PSUs

Mon, Dec 11, 2017

As part of pre-budget consultation meeting with leading economists, it was suggested that farmers should be given more remunerative prices for their produce keeping in view the target of maintain inflation between 4-6 per cent.

FY19 Union Budget not likely to be populist, says PMEAC member

FY19 Union Budget not likely to be populist, says PMEAC member

Sun, Dec 10, 2017

The prime minister's economic advisory panel member Rathin Roy has expressed hope that the forthcoming budget will not be a 'populist' and will reflect the commitment of the government to improve quality of expenditure.

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