Search For "gdp"
Domestic and global headwinds to drag FY20 GDP growth to six-year low: Ind
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 28 (ANI): India Ratings and Research (Ind-Ra) on Wednesday revised India's gross domestic product (GDP) growth in current financial year downwards to 6.7 per cent -- marking a six-year low -- from its earlier forecast of 7.3 per cent.
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Moody's cautious over Indian government measures to boost economy
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 27 (ANI): Global financial consulting major Moody's said on Tuesday that recent measures announced by the Indian government to stimulate economy will provide some support to investor confidence, resulting in 6.4 per cent real GDP growth in the current fiscal
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Q1 FY20 GDP growth pegged at 6 pc: FICCI Economic Outlook Survey
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 26 (ANI): FICCI's latest Economic Outlook Survey released on Monday puts the quarterly median forecast at 6 per cent for GDP growth in the first quarter of 2019-20.
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Sitharaman announces withdrawal of surcharge on capital gains on FPIs
Updated : 6 years, 7 months ago IST
New Delhi, Aug 23 (ANI): The surcharge levied in the union budget on short-term and long-term capital gains of foreign portfolio investors (FPI) and the one on equity in the case of domestic investors have been abolished, Finance Minister Nirmala Sitharaman announced on Friday restoring t
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Moody's lowers India's GDP growth forecast for 2019 to 6.2 pc from 6.8 pc
Updated : 6 years, 7 months ago IST
Singapore, Aug 23 (ANI): Moody's Investors Service on Friday cut India's GDP growth forecast for the calendar year 2019 to 6.2 per cent from its previous estimate of 6.8 per cent.
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Sensex falls 286 points after RBI rate cut, Nifty ends below 10,900
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 7 (ANI): Equity indices fell to low levels during the last hour of trading on Wednesday after the Reserve Bank of India (RBI) cut the repo rate by 35 bps at 5.4 per cent.
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RBI cuts repo rate by 35 basis points to 5.4 pc, reduces growth forecast t
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 7 (ANI): The Reserve Bank of India (RBI) on Wednesday cut repo rate for the fourth consecutive time this calendar year to 5.4 per cent from the current 5.75 per cent amid low inflation, faltering economic growth and uncertain global scenario.
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Repo rate could touch 5 pc level by March 2020: SBI report
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 5 (ANI): The Reserve Bank of India (RBI) may cut repo rate by 25 basis points (bps) in its August 7 policy meet and further reduce it by 50 to 75 bps to achieve the level of less than or equal to 5 per cent by March 2020, according to State Bank of India's r
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CRISIL cuts India's GDP growth in FY20 to 6.9 pc
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 1 (ANI): Global analytical firm CRISIL on Thursday sliced its estimate of India's gross domestic product (GDP) growth by 20 basis points to 6.9 per cent for the current fiscal 2019-20 following a triangulation of downside risks: weak monsoon, slowing global growth and
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Defence expenditure is increasing every year in absolute terms: Shripad Na
Updated : 6 years, 8 months ago IST
New Delhi [India], July 24 (ANI): Government on Wednesdayh said in the Lok Sabha that defence expenditure is increasing every year in absolute terms showing an increase of Rs. 90,089 crore over a period of three years from 2016-17 to 2019-20.
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IMF cuts India's GDP growth forecast to 7 per cent for FY20
Updated : 6 years, 8 months ago IST
Washington DC [India], July 23 (ANI): The International Monetary Fund (IMF) has cut its projection for India's economic growth by 0.3 percentage points to 7 per cent for the fiscal year 2019-20 owing to the "weaker-than-expected outlook" for the domestic demand.
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Current account deficit to print at $16-17 billion in Q1 FY20: ICRA
Updated : 6 years, 8 months ago IST
New Delhi [India], July 21 (ANI): India's current account deficit (CAD) is expected to remain largely steady at 16 billion to 17 billion dollars or 2.3 per cent of GDP in the first quarter (April to June) of the current fiscal year 2019-20 despite recent contraction in merchandise exports an
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