Economy and Business

India’s growth story is treading on thin ice

By all estimates, the Indian economy has entered a phase of recovery. After a period of subdued growth that was marred by a spate of disruptions, India has regained the fastest-growing major economy tag and a growth rate exceeding seven per cent is expected this year.

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GST impact to slowdown India's 2017-18 GDP growth to 6.5%

Implementation of GST and subsequent slowdown in the manufacturing sector is expected to drag down India's growth to 6.5 per cent in 2017-18, official data showed on Friday, even as industry analysts projected economic growth to be higher due to a favourable base effect.

India to “leapfrog” Britain, France to become world's 5th largest economy

India will “leapfrog” Britain and France to become the world’s fifth largest economy next year ahead of an oncoming major global economic shift towards Asia, according to a British research organisation.

NPAs a drag on Indian economy: IMF

The International Monetary Fund (IMF) has cautioned that the high volume of nonperforming assets (NPA) and the slow pace of mending corporate balance sheets are holding back investment and growth in India even though structural reforms have helped the nation record strong growth.

You Don’t Need an “India Strategy” — You Need a Strategy for Each State in India

The Indian economy has long been an attractive investment destination for multinational corporations. Already a large domestic market, Frontier Strategy Group’s estimates suggest the country will average growth rates between 7.4% and 7.6% over the next three years.

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India poised to join China as global leaders in renewables: Report

India is poised to join China as the two global leaders in the renewable energy technology-led transformation, a US-based research institute said.

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India’s growth story is treading on thin ice

By all estimates, the Indian economy has entered a phase of recovery. After a period of subdued growth that was marred by a spate of disruptions, India has regained the fastest-growing major eco...

Read more...