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Australia's economy slows to decade low, government spurns stimulus

Australia’s much-vaunted economy grew at its slowest pace in a decade last quarter as cash-strapped consumers went on strike, an urgent argument for m...
Priyanka Gandhi slams govt over state of economy

Congress leader Priyanka Gandhi Vadra on Tuesday attacked the government over the state of the economy and said it should now admit that there is a "h...
All round mismanagement of Modi govt responsible for worrisome economy: Manmohan Singh

As the economic growth slumped to a seven-year low of 5 per cent in April to June quarter, former Prime Minister and seasoned economist Manmohan Singh...
Priyanka Gandhi Vadra: BJP govt deflated economy

As the economic growth slumped to a seven-year low of 5 per cent in April to June quarter, Congress leader Priyanka Gandhi alleged that BJP government...
India's GDP expansion much higher than global growth: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Friday said the India's GDP continues to grow at a faster pace than the global economy and any other major econ...
Rupee slips 13 paise to 69.05 vs USD in early trade

The rupee opened on a weak note and declined by 13 paise to 69.05 against the US dollar in opening trade on Tuesday
Economic Survey: India to become a five trillion dollar economy by 2025

India needs to sustain a GDP growth rate of 8 percent to become a five trillion dollar economy by 2025, stated the Economic Survey on Thursday.
GDP growth slows to five-year low at 5.8 pc in Jan-Mar

India's economic growth rate slowed to five-year low of 5.8 per cent in January-March 2018-19, due to poor performance in agriculture and manufacturin...
RBI cuts repo rate by 25 basis points to 6 pc

The Reserve Bank of India (RBI) on Thursday cut repo rate for the second consecutive time this year to 6 per cent from the current 6.25 per cent, a mo...
ADB: Indian economy to grow at 7.2 pc in FY 19 due to rising consumption

Domestic demand is expected to remain the main driver as India's GDP picks up to grow at 7.2 per cent in 2018-19 and 7.3 per cent in 2019-20, the Asia...
Nobody has hurt India's global reputation more than Modi govt, says Congress

Nobody has hurt India's global reputation and credibility more than the Modi government, the Congress alleged on Friday after over 100 economists and...
DEA Secretary Garg: Revised GDP estimate of 7 pc due to higher base

The Department of Economic Affairs (DEA) said on Friday that the revised gross domestic product (GDP) estimate for 2018-19 to 7 per cent is at a highe...
World Bank pegs India's growth rate at 7.3 pc for current fiscal

India's growth rate is expected to accelerate to 7.3 per cent during the current financial year ending March 2019, the World Bank has said.
Chidambaram pokes fun at BJP for celebrating GDP data

Congress leader P Chidambaram poked fun at the BJP Saturday over the GDP growth data, saying it did not warrant any jubilation by the ruling party.
Arun Jaitley hits back at Chidambaram, says new data series on GDP more realistic

Finance Minister Arun Jaitley on Thursday asserted that the new data provides greater clarity about the real state of Indian economy and can easily be...
Sensex, Nifty rally on robust GDP data, rupee recovery

The BSE Sensex rallied nearly 300 points in early session Monday on fresh buying in IT, teck and capital goods counters following robust GDP growth ra...
China sets GDP growth target of 6.5 percent for 2018

China set its Gross Domestic Product (GDP) growth target at around 6.5 percent for the year 2018-19, according to a government work report.
Govt to change base year for GDP, IIP to 2017-18

The government will change the base year to 2017-18 for the calculation of GDP and IIP numbers while for retail inflation the year will be revised to...
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