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Latest Articles in economic growth

'India Growing At 10% In 3 Years Is Achievable'

In an exclusive interview with BW Businessworld, Shobana Kamineni, who is the first woman President of CII, shares her candid views on the implementation of the GST, farm loans and job creation in the country

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Bullish US Federal Reserve Holds Interest Rates Steady, Downplays Economic Weakness

The US Federal Reserve kept interest rates unchanged on Wednesday and downplayed weak first-quarter economic growth while emphasising the strength of the labour market, in a sign it was still on track for two more rate rises this year

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Economy To Grow 7.4 Per Cent In FY 18; GST, Bankruptcy Law Big Positives, Says ADB

The Indian economy will grow 7.4 per cent this fiscal and 7.6 per cent in the next as the bankruptcy and GST laws will help create a better business friendly environment, the Asian Development Bank said

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India To Clock 7.1 Per Cent GDP This Year, 7.5 Per Cent In 2018, Predicts UN Report

India is expected to clock 7.1 per cent growth this year before edging up to 7.5 per cent in 2018, according to a UN report, which warned that the country faces heightened risks related to the concentration of bad loans in the public sector banks

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FM Jaitley Promises No Surprises In GST Rate Fixation

Finance Minister Arun Jaitley has promised not to spring any surprises in fixing tax rates under the new GST regime but asked India Inc to pass on benefit of reduced taxes to consumers and not profiteer

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Waiving Agricultural Loans Could Cost 2 Per Cen Of GDP, Says CEA Arvind Subramanian

Chief Economic Adviser Arvind Subramanian has expressed concern over the recent waiving of farmers' loans by state governments in India, saying it could increase the deficit by two per cent of the GDP if the practice is carried out nationwide

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India Will Be $7.25 Trillion Economy By 2030: Niti Aayog Vice-chairman Arvind Panagariya

The Indian economy will see an over three-fold expansion at $7.25 trillion by 2030 and clock an average growth rate of 8 per cent over the next 15 years, Niti Aayog vice chairman Arvind Panagariya said

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India's GDP To Expand At 7.5 Per Cent In 2017-18, Says FM Arun Jaitley

Indian economy will grow at a clip of 7.5 per cent this fiscal, up from 7.1 per cent in the previous year, and remains resilient with low inflation, fiscal prudence and low deficit, Finance Minister Arun Jaitley has said

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India Records Impressive Growth In Recent Years: IMF

India’s growth has been “impressive” in the recent years which makes room for tax broadening efforts by the government, according to a top IMF official

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IMF Trims India's Growth Forecast To 7.2 Per Cent For 2017

The IMF has trimmed India's annual growth forecast by 0.4 percentage points to 7.2 per cent for 2017, citing the impact of demonetisation

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Farm Loan Waivers To Touch 2 Per Cent Of GDP In Run Up To 2019 Polls, Says BofA-ML

Within a fortnight of Uttar Pradesh's farm loan waiver and calls for the same in other states, a foreign brokerage on Monday estimated the burden from such populist measures to touch 2 per cent of GDP by the 2019 elections.

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CAD To Widen Significantly To 1.6 Per Cent Of GDP In 2017, Says Report

India's current account deficit (CAD) is expected to widen to 1.6 per cent of GDP this year from 0.5 per cent in 2016, owing to higher commodity prices and an expected strong domestic recovery, says a report

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China First-quarter GDP Grows 6.9 Per Cent, Better Than Expectations

China's economy grew 6.9 per cent in the first quarter from a year earlier, slightly faster than expected, supported by a government infrastructure spending spree and a frenzied housing market that is showing signs of overheating

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India's GDP Growth May Slip To 6.7% In March Quarter: Nomura

India's GDP growth is likely to decelerate to 6.7 per cent in March quarter but it will gradually recover to around 7.7 per cent in 2018 supported by higher consumption and public spending, says a report

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RBI Projects Inflation To Rise To 5%

The Reserve Bank on Thursday projected retail inflation to increase to 5 per cent in the second half of the current fiscal citing risks of El Nino impacting the monsoon and one-off effects of the Goods and Services Tax

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