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Indicators-Economy-News-The Economic Times

News on Indicators and Statistics of Economy Parameters such as GDP, Inflation, Fiscal Deficit, Oil Prices, Monetary Policy, RBI rates, CRR and other Global Economic Indicators.

Last Build Date: Thu, 08 Dec 2016 22:02:23 GMT

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Cash crash: Consumption shrinks big time on liquidity squeeze

Thu, 08 Dec 2016 19:44:29 GMT

(image) With very little cash at their disposal, consumers not only put their leisure plans on hold, but also cut back on purchase of durables and appliances.

70 per cent corporate employees say note ban will curb corruption: EY

Thu, 08 Dec 2016 16:35:44 GMT

(image) 94 per cent of the respondents believe the private sector should be covered under the amendments proposed in the Prevention of Corruption Act, it added.

RBI lowers growth forecast to 7.1%

Wed, 07 Dec 2016 09:46:42 GMT

(image) The Central bank lowered the country's growth forecast for 2016-17 to 7.1 per cent from 7.6 per cent during its fifth bi-monthly monetary policy review.

Demonetisation impact on various sectors: Government needs to inject positive sentiment, led by tax cuts

Wed, 07 Dec 2016 00:57:30 GMT

(image) Demonetisation torpedoed India’s economy just when it was getting into a cruise mode, fired by good monsoon-led rural demand and urban buying.

India, China will help maintain Asia's growth rate in 2017: Asian Development Bank

Tue, 06 Dec 2016 16:19:47 GMT

(image) It said that India's growth prospects have got a boost from the acceptance of the 7th pay panel recommendations and likely implementation of the Goods and Services Tax.

Analysts expect 25 bps cut tomorrow, more later

Tue, 06 Dec 2016 14:21:33 GMT

(image) The rate cut will help revive private investments and can act as a counter to the demonetisation drive, which is slated to impact growth in the short-term.

Nikkei services index slumps to 46.7; biggest monthly fall since November 2008

Mon, 05 Dec 2016 20:04:35 GMT

(image) “Cash shortages resulted in fewer new business intakes, which in turn caused a fall in activity and ended a 16-month expansion sequence.”

Gold imports to dictate size of current account deficit in second half of 2017: ICRA

Mon, 05 Dec 2016 14:06:10 GMT

(image) Anecdotal evidence suggests a sharp rise in gold imports in Nov 2016, on the back of inventory replenishment, festive season and wedding demand.

Demonetisation hits services, PMI shrinks after 16 months

Mon, 05 Dec 2016 05:24:01 GMT

(image) Data released by the same agency last week had shown slowing manufacturing production growth due to cash shortages.

Medical tourism earnings to enter growth figures

Sun, 04 Dec 2016 19:45:52 GMT

(image) The cost of medical treatment in India is much cheaper as compared to Western Europe, North America and some South East Asian countries.

Forecasters say India may still be the fastest-growing economy

Sun, 04 Dec 2016 19:40:12 GMT

(image) Crisil, the country’s biggest rating agency, sees growth in the year to March next year at 6.9 per cent. Citi sees it at 7.2 per cent with a downside risk.

Demonetisation will push country's GDP growth: Union Minister Piyush Goyal

Sat, 03 Dec 2016 12:03:08 GMT

(image) Notwithstanding economists' prediction that demonetisation would hit the country's GDP growth, Union Minister Piyush Goyal said when informal economy goes into the formal mode with the banning of high-value currency, this will add to the GDP.

RBI may cut interest rate by 50 bps on December 7: HDFC CEO

Fri, 02 Dec 2016 14:48:31 GMT

(image) "Everybody who had any amount of currency notes with them of Rs 500 and Rs 1,000, would deposited the money," Mistry said.

India Ratings lowers GDP forecast to 6.8% post demonetisation

Fri, 02 Dec 2016 13:49:19 GMT

(image) "We have revised GDP growth forecast for 2016-17 to 6.8 per cent, 100 basis points lower than earlier projection of 7.8 per cent," it said.

India projected to grow 7.6 per cent in 2017: UN report

Fri, 02 Dec 2016 06:44:15 GMT

(image) The report said India's economic growth is expected to remain at 7.6% in 2017 as investment regains momentum and the manufacturing base strengthens.