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GDP NEWS IN ENGLISH

  • government plans to use big data analytics for tax

    Government plans to use Big Data, Analytics for tax collections: Infosys

    November 04, 2013 21:10 IST

    New Delhi: As government looks at ways to analyse huge amounts data available on corporate as well as individuals to increase tax collections by studying various parameters like spending patterns, IT companies expect strong growth

  • world bank cuts india s 2013 14 gdp forecast to 4.7

    World Bank cuts India's 2013-14 GDP forecast to 4.7%

    October 17, 2013 17:59 IST

    New Delhi: Close on the heels of the IMF, the World Bank on Wednesday slashed India's economic growth forecast for the current financial year to 4.7 percent from an earlier projection of 6.1 percent.“The report

  • india emerging economies may not return to 8 pc growth imf

    India, emerging economies may not return to 8 pc growth: IMF

    October 09, 2013 15:30 IST

    Washington: Emerging economies including India may not be able to return to growth rates of 8 per cent and more under present circumstances and neither would it be advisable for them, an IMF official said.“The

  • worst is over for rupee 60 65 per dollar fair value montek

    Worst is over for rupee, 60-65 per dollar fair value: Montek Singh Ahluwalia

    October 08, 2013 23:41 IST

    NEW DELHI: Planning Commission Deputy Chairman Montek Singh Ahluwalia today said the worst is over for the rupee and the fair value for the currency could be between 60 and 65 against the US dollar.“I

  • trade gap set for huge improvement on lower imports analysts

    Trade gap set for huge improvement on lower imports: Analysts

    October 02, 2013 20:10 IST

    Mumbai: India's Current Account Deficit is likely to narrow during 9 months (July-March) of the current fiscal to touch a low of 1.5 per cent of GDP because of lower gold imports, higher overall exports

  • planning commission likely to cut average gdp growth in

    Planning Commission likely to cut average GDP growth in 12th Plan to 6%

    September 29, 2013 18:46 IST

    NEW DELHI: Planning Commission is likely to cut the annual average economic growth rate target of 8 per cent for the 12th Plan (2012-17) to around 6 to 6.5 per cent in its mid-term review

  • india s gdp will improve in second half manmohan singh

    India's GDP will improve in second half: Manmohan Singh

    September 28, 2013 18:54 IST

    New York: Asserting that the fundamentals of the Indian economy are strong, Prime Minister Manmohan Singh has said GDP will improve in the second half of fiscal 2013—14 and that the government is commitment to

  • cbec eyes rs 1.24 trillion from service tax

    CBEC eyes Rs 1.24 trillion from service tax

    July 13, 2012 18:05 IST

    Mumbai, Jul 13 :  With the new service tax regime coming into effect from July 1, the government expects to collect a revenue of Rs 1.24 trillion this fiscal, the Central Board of Excise and

  • syrian opposition rejects un transition plan

    Syrian opposition rejects UN transition plan

    World | July 01, 2012 16:21 IST

    Beirut, Jul 1: Syrian opposition groups on Sunday rejected a U.N.-brokered peace plan for a political transition in Syria, calling it ambiguous and a waste of time and vowing not to negotiate with President Bashar

  • consumer confidence slipped in june

    Consumer confidence slipped in June

    World | June 26, 2012 20:45 IST

    New York, Jun 26: Americans can't seem to shake their uneasy feeling about the economy.Consumer confidence fell in June for the fourth straight month in the row as lingering worries about the economy outweighed relief

  • india cannot expect outside help to tackle economic woes

    India cannot expect outside help to tackle economic woes says PM

    India | June 24, 2012 16:57 IST

    New Delhi, June 24:  As government prepares to unveil some measures to revive the economy, Prime Minister Manmohan Singh says India cannot expect “outside help” on a scale which can see the country through its

  • low growth not just due to high interest rate says rbi

    Low growth not just due to high interest rate, says RBI

    June 09, 2012 14:15 IST

    Mumbai , June 9: Reserve Bank of India (RBI) Deputy Governor K. C. Chakrabarty, on Friday, sought to stave off criticism that the nine-year low GDP (gross domestic product) growth was primarily due to high

  • no need to panic over economic slowdown says pranab

    No need to panic over economic slowdown, says Pranab Mukherjee

    June 07, 2012 17:10 IST

    New Delhi, June 7: Finance Minister Pranab Mukherjee today said economic slowdown is a matter of concern but there is no need for panic, and reverting to high growth path is achievable as India's fundamentals

  • government to increase health outlay to 2.5 of gdp

    Government To Increase Health Outlay To 2.5% Of GDP

    February 29, 2012 16:11 IST

    New Delhi, Feb 29: Government today decided to increase its total health expenditure to 2.5 per cent of GDP by the end of the 12th Plan, from the current 1.4 per cent.A high-level meeting chaired

  • economic growth slows down to 6.1 in q3 lowest in 2 yrs

    Economic Growth Slows Down To 6.1% In Q3, Lowest In 2 Yrs

    February 29, 2012 13:18 IST

    New Delhi, Feb 29: India's economic growth rate slipped to 6.1 per cent in the third quarter this fiscal, lowest in more than 2 years due to poor performance of the manufacturing, mining and farm

  • india s gdp to grow 8.1 in 2011 second only to china unctad

    India's GDP To Grow 8.1% In 2011, Second Only To China: UNCTAD

    September 06, 2011 22:32 IST

    New Delhi, Sep 6: The Indian economy is likely to expand by 8.1 per cent in 2011, the fastest growth rate in the world after China, UN agency said today.In its global release of Trade

  • morgan stanley lowers india s gdp growth forecast to 7.4 pc

    Morgan Stanley Lowers India's GDP Growth Forecast To 7.4 PC

    August 19, 2011 22:57 IST

    New Delhi, Aug 19: Investment banking major Morgan Stanley has revised downwards its India's economic growth forecast for 2012 to 7.4 per cent.The global brokerage firm has also reduced its year-end target for the Bombay

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