Former Chief Economic Adviser Arvind Subramanian has said that India’s GDP growth estimate has been exaggerated by around 2.5 percentage points between 2011-12 and 2016-17, the year transitioning the UPA to NDA... Read more »
India Ratings and Research believes a rate cut, which is almost certain, in the second bi-monthly monetary policy statement for 2019-20, is unlikely to stimulate demand in the near term due to... Read more »
In a bid to tackle the liquidity crisis, the RBI has cut rates by 25 basis points. This move comes a month prior to the 2019 Budget presented by the Modi’s government... Read more »
India’s fiscal deficit was at Rs 8.51 lakh crore in February-end reaching 4.52 per cent of GDP, a senior Finance Ministry source told a news agency. The receipts are enough to cover... Read more »
India Ratings and Research (Ind-Ra) has cut its FY20 gross domestic product (GDP) growth estimate marginally by 0.2%, down to 7.3% from its previous forecast of 7.5%. The key reasons for the... Read more »
The likelihood of Indian GDP growth coming at below 7 percent in 2019-20 is quite high despite aiding factors like low oil prices and an expansionary budget, a report said Wednesday. Global... Read more »
The curtains are down for the southwest monsoon in 2018. The season has ended with rainfall 9% short of the long period average (LPA), which is considered ‘normal’ by the Indian Meteorological... Read more »
ICRA expects the growth of the Indian GDP and the gross value added (GVA) at basic prices in year-on-year (YoY) terms to improve substantially to 7.5% and 7.4%, respectively, in Q1 FY2019,... Read more »
India’s leading technical textiles company Garware-Wall Ropes Ltd. (GWRL) announced change in corporate brand name and identity to Garware Technical Fibres Ltd. (GTFL). The rebranding is a part of a focused vision... Read more »
The General Insurance sector in the country grew at a slower rate of 17% in FY2018 after a robust growth of 32% in FY2017. As per ICRA research, the Private sector growth... Read more »