GDP

New Delhi: The government on Tuesday said the growth of the country was dependent on multiple factors, of which demonetisation was only a part, as no direct data was available to measure the impact of note ban on the GDP. "Gross Domestic…

Mumbai: India's current account deficit (CAD) narrowed during last fiscal due to a contraction in the country's trade deficit. According to data furnished by the Reserve Bank of India (RBI), the CAD for last fiscal narrowed to 0.7 per cent…

New Delhi, June 1: Finance Minister Arun Jaitley on Thursday sought to discount the impact of demonetisation on the Indian economy in the wake of the latest GDP figures and dismissed criticism of the government that it has only promoted…

New Delhi, May 31: India's gross domestic product during the past fiscal grew at a lower rate of 7.1 per cent, the official statistician said on Wednesday. "Real GDP at constant (2011-12) prices for the year 2016-17 is estimated at Rs…

By Gaurav Sharma Beijing, May 11 India's competitive economy may pose a challenge to China which may become an "unfortunate bystander" watching India succeed if it didn't develop a more effective growth strategy, a Chinese think-tank has…

New Delhi, April 25: The NITI Aayog on Tuesday said it has proposed to reduce the fiscal deficit be brought down to three per cent of the GDP by 2018-19. It has also set the target for the revenue deficit to be reduced to 0.9 per cent of…

Beijing, Jan 20: China's economy grew 6.7 per cent year-on-year in 2016, the slowest pace of growth in 26 years, but well within the government's target range, official data showed on Friday. Growth in the fourth quarter came in at…

Kolkata, Jan 8: MIT scientist Harvey Lodish has said that India needs to invest at least three times more in research and incorporate entrepreneurship courses in academia to shore up its biotech start-up scenario. "India needs more…

New Delhi, Jan 7: The advance estimate of 7.1 per cent GDP released by Central Statistical Organisation (CSO), will have major errors as it does not include the data for the months after demonetisation, domestic rating agency Icra has…

New Delhi, Dec 3: Notwithstanding economists' prediction that demonetisation would hit the country's Gross Domestic Product (GDP) growth, Union Minister Piyush Goyal on Saturday said when informal economy goes into the formal mode with the…