Tag: India GDP

‘Globalisation is here to stay, we proved sceptics wrong’

Globalisation is here to stay and those who were sceptical about the success of India’s “new policies” 25 years ago have been proven wrong, says former prime minister Manmohan Singh. It was a matter of pride that the broad thrust and direction of economic policies had remained unchanged in the last 25 years, added the...

September 23, 2017

India growing pretty robustly: World Bank chief

India has been growing “pretty robustly”, World Bank President Jim Yong Kim has said as he predicted a strong global growth this year. Speaking at the Bloomberg Global Business Forum meeting here on Wednesday, Kim also called for more cooperation among the multilateral system, private sector and the governments to take advantage of the current win-win...

September 21, 2017

India’s GDP growth likely to slip below 7 per cent this fiscal: DBS

India’s GDP growth is likely to face near-term headwinds and might slip below 7 per cent mark to a three-year low this financial year, says a DBS report. According to the global financial services major, two recent policy measures — demonetisation in November 2016 and GST rollout in July 2017 had a short term impact...

September 15, 2017

GDP slowdown temporary, not linked to demonetisation: Amit Shah

The dip in GDP growth to 5.7 per cent in the first quarter of this financial year is “temporary” and not linked to demonetisation, BJP President Amit Shah said here on Thursday. “The demonetisation has not had any negative impact (on economic growth). ‘Notebandi’ cannot be the reason for GDP coming down to 5.7 per...

September 7, 2017

‘GDP growth to slow to 6% in Oct-Dec 2016’

Demonetisation has stymied India's GDP growth and the October-December quarter show is likely to be around 6 per cent, while for January-March it could climb down to 5.7 per cent, forecasts a Nomura report. According to the Japanese financial services major, the consumption and services, which were the fastest growing segments pre-demonetisation, were the worst-hit....

January 25, 2017

‘GDP growth to slow to 6% in Oct-Dec 2016’

Demonetisation has stymied India's GDP growth and the October-December quarter show is likely to be around 6 per cent, while for January-March it could climb down to 5.7 per cent, forecasts a Nomura report. According to the Japanese financial services major, the consumption and services, which were the fastest growing segments pre-demonetisation, were the worst-hit....

January 25, 2017