Search For "gdp growth"
Sensex ends 246 points higher, Yes Bank climbs by 8 pc
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Oct 18 (ANI): Equity benchmark indices extended morning gains on Friday and ended with gains of 0.6 per cent as global peers slumped after China's GDP growth slipped to a 27-year low of 6 per cent in the third quarter of 2019.
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India Ratings lowers its FY20 GDP growth forecast to 6.1 pc
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 10 (ANI): India Ratings and Research (Ind-Ra) on Thursday revised its forecast of India's gross domestic product (GDP) growth in current financial year downward to 6.1 per cent following the Central Statistical Organisation (CSO) estimating Q1 growth to be 5 per cent,
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Sensex drops 434 points after RBI cuts repo rate and GDP forecast
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 4 (ANI): The interest rate cut by Reserve Bank of India (RBI) failed to boost market sentiment on Friday as equity benchmarks fell after the central bank also lowered its forecast of GDP growth rate to 6.1 per cent for the current financial year.
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RBI's dovish stance point to further rate reductions but lower GDP forecas
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 4 (ANI): Reduction of interest rate by 0.25 per cent by the Reserve Bank of India (RBI) and the accompanying dovish statement keeps the door open for future reductions to revive economic growth amid volatile global trade, experts said on Friday.
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Sensex turns red after RBI lowers GDP forecast to 6.1 pc
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 4 (ANI): Equity benchmark indices reversed early morning trends and turned red on Friday afternoon after the Reserve Bank of India cut repo rate by 25 basis points to 5.15 per cent but also lowered its GDP growth forecast for the current financial year to 6.
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RBI cuts repo rate by 25 basis points to 5.15 pc, reduces growth forecast
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 4 (ANI): The Reserve Bank of India (RBI) on Friday cut repo rate for the fifth consecutive time this calendar year to 5.15 per cent from the current 5.4 per cent in a bid to support government measures for boosting economic activity amid benign inflation.
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Increase in internet traffic to have an impact of GDP Growth
Updated : 6 years, 5 months ago IST
New Delhi [India] Sept 28 (ANI/NewsVoir): Broadband India Forum and Bharat Exhibitions had come together to organise the flagship event on Fiber-to-the-Home called FTTH India Summit 2019 with the title, 'Vision of FTTH in India and Current Trends of FTTH Technology across the Globe' in Mumba
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Tax cuts may bolster growth eventually but fiscal impact comes sooner: Fit
Updated : 6 years, 5 months ago IST
Hong Kong, Sep 26 (ANI): India's corporate tax cuts support efforts to stimulate investment and GDP growth in the medium term but will cause the fiscal deficit to widen in the near term, Fitch Ratings said on Thursday.
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Corporate tax rate cuts will help India become $ 5 trillion economy: Yogi
Updated : 6 years, 5 months ago IST
Lucknow (Uttar Pradesh) [India], Sept 22 (ANI): Chief Minister Yogi Adityanath on Sunday backed the Centre's decision to cut corporate tax rates, saying that this will pave the way for India becoming a $ 5 trillion economy, while Uttar Pradesh will be a $ 1 trillion economy by 2024.
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Challenging environment to dent profitability of domestic steel makers in
Updated : 6 years, 5 months ago IST
New Delhi [India], Sept 18 (ANI): The domestic steel consumption growth is expected to decelerate to about 5 to 6 per cent in the current financial year as compared to 7.9 per cent in FY19 on the back of an unprecedented slowdown in economic activity as reflected by the GDP growth tapering d
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GDP growth rate slump is temporary: Javadekar
Updated : 6 years, 6 months ago IST
New Delhi [India], Sept 8 (ANI): Union Minister Prakash Javadekar on Sunday said that the fundamentals of the economy were "good" and the "temporary" fall in GDP growth rate would come back on "track very soon".
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Sensex crashes by 770 points on dismal macro data, Nifty PSU bank down by
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 3 (ANI): Equity benchmark indices suffered bruising losses on Tuesday in all-round selling led by bank, financial, metal and auto stocks after the government last week reported 5 per cent GDP growth during the first fiscal quarter of April to June.
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