The investment rate is expected to go up in the second half
The cut in growth rates for India was sharper for both the years than the other seven economies
FM Nirmala Sitharaman is expected to announce steps to revive India's economic growth. Catch all LIVE updates here
Lately, India's banking system has been beset by a bad debt crisis, which is crimping credit to productive sectors, dampening domestic investment and leading to subdued employment and GDP growth
From a probe at CG Power finding fraudulent related-party transactions to the IL&FS board seeking NCLT approval to sell 7 wind assets to Orix Corp, here are the top business headlines for Wednesday
A latest report by KPMG and industry body NAREDCO has projected the sector to grow to equal 15% of India's gross domestic product by 2030 from the current 7%
To contain high bad loans in the MUDRA scheme, the managers suggested that a national portal be floated to verify the borrower and whether multiple lending has happened
The focus has to be as much on keeping the risk premium in check as on controlling the levels of the risk-free rate
Earlier in April this year, too, the Manila-based multi-lateral funding agency had lowered India's growth forecast for FY20 to 7.2% from 7.6% estimated previously
Data given in the Budget is 100% above board, Sitharaman said
The former CEA said that India had sustained high growth rate after 2011
Will Modi 2.0 prove to be an exception after having achieved such a decisive mandate?
The revised fiscal glide path, as per the Survey released on Thursday, envisages achieving fiscal deficit of 3 per cent of GDP by FY 2020-21
Reuters poll forecasts GDP grew 6.3% in January-March quarter; slowest since late 2017
Fitch expects India's real GDP growth to rise to 7.8% in FY19
However, Credit Suisse expects economic growth to gradually get support from strengthening bank balance sheets as more companies exit bankruptcy, and as GST implementation progresses further
In the absence of Union Finance Minister Arun Jaitley, Garg is leading the Indian delegation for the annual Spring Meeting of the International Monetary Fund and the World Bank
To do so, the government will have to tackle a number of broad development challenges successfully
The proportion of casual labourers in the workforce is considerable, 30.9% and growing
He expressed confidence that India will 'exceed' seven per cent overall growth rate this year