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Latest Articles in economic growth

Favourable Domestic Factors To Accelerate Growth: RBI

The Reserve Bank of India on Thursday said economic growth in the current fiscal will accelerate to 7.4 per cent compared to 6.7 per cent in 2016-17 on the back of several favourable domestic factors and improvement in global environment

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India's Growth To Accelerate To 7.4 Per Cent In 2017-18: ADB

The Asian Development Bank on Thursday said that India's growth rate will improve to 7.4 per cent during 2017-18 and go up further to 7.6 per cent in the next fiscal, remaining ahead of China

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India To Grow At 7.7 Per Cent In 2018; Emerging Markets Face Newer Challenges: FM Jaitley

Emerging markets face newer challenges in the form of inward looking policies of protectionism and increased geopolitical tension, Finance Minister Arun Jaitley said on Saturday as he pegged India's GDP growth at 7.7 per cent in 2018

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CEA Arvind Subramanian Says India's Economic Data Not Politically Influenced

India's chief economic adviser rejected the notion that official data was politically influenced as 'utter nonsense', after surprisingly strong growth in the wake of a government ban on high denomination bank notes caused raised eyebrows among independent analysts

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Fed Expected To Raise Rates As US Economy Flexes Muscle

The Federal Reserve is expected to raise interest rates for the second time in three months on Wednesday, encouraged by strong monthly job gains and confidence that inflation is finally rising to its target

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Reserve Bank Says Note-ban Impact On GDP Over; Warns Of Inflation Spike

Post-demonetisation, the RBI has warned of a possible spike in inflation and stressed the need to make digital payments "safe and secure", even as it felt that the adverse and transient impact on the economy has "by and large" dissipated already

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Factory Output Bounces Back In January, Expands By 2.7 Per Cent

Industrial production bounced back in January expanding by 2.7 per cent year-on-year mainly due to better performance by the capital goods segment, a barometer of investment activities

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Economy To Grow 7.1 Per Cent In FY17, December Quarter GDP Surprising, Says Fitch

Global rating agency Fitch on Tuesday said Indian economy will grow by 7.1 per cent in the current fiscal before stepping up to 7.7 per cent in the next two financial years

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Govt May Unveil Factory Output, Wholesale Inflation With 2011-12 Base Year By April-end

The government may launch two macroeconomic indicators — the index of industrial production and the wholesale price index — with new base year 2011-12 by April-end to ensure compatibility with growth number

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Services Activity Grows For First Time In Four Months As Demand Slowly Recovers

India's dominant services industry returned to growth in February for the first time in four months as demand slowly recovers after the government's cash crackdown late last year, a private business survey showed on Friday

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India's Economic, Political Systems Yet To Mature, Says CEA Arvind Subramanian

Economic and political systems in India have "not developed maturity" for nuanced interventions and tend to take recourse to bans and restrictions, Chief Economic Advisor Arvind Subramanian said

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Freight And Fridge Sales: Indian Economists Seek GDP Clues Amid Data Doubts

Surprised again by India's strong official growth statistics, economists are relying increasingly on high-frequency indicators like bank credit and rail freight to gauge the real health of Asia's third-largest economy

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Demonetisation To Cut Tax Avoidance, Corruption; Credit Positive: Moody's

Demonetisation will be credit positive for India as it is likely to reduce tax avoidance and corruption, Moody's Investors Service said on Wednesday

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FY17 GDP To Grow At 6.9%, Will Recover To 7.2 In FY18: BofAML

India is expected to clock a GDP growth of 6.9 per cent this fiscal, which is likely to recover to 7.2 per cent in 2017-18, says a Bank of America Merrill Lynch report

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India Retains Fastest-growing Major Economy Tag Despite PM Modi's Cash Crackdown

Despite expectations of a lower Gross domestic product growth, India's economy performed better than expected at 7 per cent in the third quarter of this financial year

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