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Q3 growth negates negative speculations about note ban impact

Economic Affairs Secretary Shaktikanta Das said the third quarter and the 7.1 percent growth projected for full fiscal are "definitely something noteworthy".

Expect Q4 numbers to reflect the impact of demonetisation: Ghosh

"Possibly we could see some impact in Q4 numbers, they could be a little lower than Q3 numbers. We are not going to revise the projections because we are at 6.6 percent [GDP growth] for the full year and I think the fourth quarter number possibly could reflect some amount of the impact of demonetisation," Soumya Kanti Ghosh said.

Profit booking pulls Sensex down for 2nd day, Midcap outperforms

Auto stocks were under pressure ahead of February sales figures that will be announced on March 1. Bajaj Auto and Hero Motocorp fell 1-1.5 percent. Tata Motors and Maruti Suzuki declined 0.25-0.5 percent.

India firms fear lingering economic aftershocks from cash ban

Struggling with customers unable to pay on time and plummeting sales, Indian small-business owner Ravi Jain fears the government's crackdown on cash will have a much larger impact than predicted by top policymakers.

India faces 1.5 mn white-collar job crisis in telecom, IT, BFSI

India is staring at an imminent jobs crisis as three leading service sectors â€” which have been engines of job creation for two decades now â€” get ready to shed jobs by the tens of thousands, each driven by its own dynamic.

Budget strikes a balance between fiscal consolidation & capex

The Union Budget has truly managed to strike a fine balance between fiscal consolidation and public spending to spruce growth, against the backdrop of challenging global and domestic environment.

Sensex, Nifty volatile ahead of Budget; SBI, BHEL gainers

SBI, Adani Ports, ONGC, BHEL and Axis Bank are top gainers while Infosys, Bharti, ICICI Bank, NTPC and Coal India are losers.

Get ready for higher price earning multiples, new highs

The markets made an effort Thursday to follow an old adage on Dalal Street â€“â€˜Buy the rumour Sell the fact‘ when the GST Bill was passed in Rajya Sabha, but it failed as the benchmark clawed into the green and triggered a massive short covering on Friday that marked the highest closing this year.

Brexit gain: India will emerge as 'must invest' destination

Brexit threatens to alter the world economic order, with resultant decline in global GDP, volatility in currencies, rebalancing of trade ties and a possibility of the UK slipping into a recession. In such a situation, it is imperative for global policy makers to take remedial measures to minimize damage.

Keqiang Index shows FY16 growth slowed: Ambit economist

This conclusion has drawn on basis of the Regional Keqiang Index (named after a similar China-based index) launched by Ambit, which has been conducting extensive research on ground-level economic indicators across the country, Mankar says.

Allowing women to do more aid work may boost India's GDP

Indian women can add USD 2.9 trillion, or 60 percent to annual GDP, by as early as 2025, if allowed to participate in the workforce on an equal basis as men, according to the 2015 McKinsey Global Institute Report.

Economy may grow 4.5-5% in H2FY14: CII

The industry body does not see any possibility of a significant improvement in the GDP growth for the October- March period as against the first half of the current fiscal, and asked the government to take necessary steps to improve investment climate in the country and boost domestic demand.