Data for FY19 growth rate, along with second advance estimates, is set to be released by Central Statistics Office on Thursday
The country's steady march from competitive populism toward competitive good governance will benefit the common man
The growth rate, along with the second advance estimates for FY19, are set to be released by the Central Statistics Office on Thursday
Reserve Bank of India, in its latest monetary policy review released last week, too projected an economic growth rate of 7.4% for the next financial year
He also said that India has made rapid strides in achieving COP21 targets and are on way to achieve those
India retained the fastest growing large economic growth tag as its nearest rival China is projected to have grown 6.6 per cent in 2018 and 6.2 per cent in 2019
An urgent revisit to population policy is indispensable
China's economic growth is projected to slow down to 6.2% each in 2019 and 2020 and 6 per cent in 2021
Nominal GDP though is expected to grow at a healthy 12.3 per cent in FY19, against the Union Budget's assumption of 11.5 per cent
Niti Aayog's plan to create a "New India" in less than four years should invite skepticism, writes T N Ninan
SBI group chief economist says growth in the second half would be less than 7%
Said to be indicative of low demand for employment, may point to need for investment in labour-intensive industries
The data also shows that in 2010-11, just after one of the worst droughts, India clocked perhaps one of its best growth rates in agriculture at 8.8%
The growth rates of exports and imports, in dollar terms, are estimated at 11.8% and 16.9%, respectively
Some economists expect economic growth could slow to around 7 per cent in the second half of the current fiscal year
Exciting new GDP variables: Under which ruling party did the growth happen...and under which party was it measured?
FM Jaitley said CSO, which came out with the revised numbers, was a credible organisation and maintains arm's length distance from the finance ministry.
The country is facing many challenges, including currency depreciation and a widening current account gap
On the impact of rising crude oil prices, the RBI estimates that a 10 per cent increase in crude oil prices pushes the headline inflation rate up by 13 bps
For long these two sectors have been a drag on GDP growth, and a cause for serious worry