Saraswat said India intended to achieve 25% contribution by manufacturing sector to its GDP by 2022
Gross domestic product slowed sharply to 6.1% in Q4
GVA growth at 2-year low of 5.6%; Farming only bright spot
Industrial production is input in estimating gross value added for unorganised manufacturing sector
Says PSBs should be capitalised and their NPAs fully recognised
'We expect growth to bounce back to 7.3% in second half of 2017 and 7.7% in 2018,' Nomura said
Structural changes in the factor, product and labour markets should be given priority
Former chief statistician asserted that sales from manufacturers to dealers raised GDP growth in Q3
Govt has pegged GDP growth at a higher-than-expected 7.1% for the current FY
US-based agency however projected growth to slow to 6.4% in the January-March quarter
The broader NSE Nifty eased by 17.10 points, or 0.19%, to close at 8,879.60
It is also higher than China's 6.8% growth for the last three months of 2016
As per projections made by Soumya Kanti Ghosh, this would be lowest expansion in at least 7 qtrs
Revised Estimate of GDP for 2015-16 show that economy grew 7.9% in 2015-16, rather than 7.6 per cent
A V-shaped recovery is expected to take hold in the second half of 2017
Earlier today, the Economic Survey fixed the country's economic growth at 6.5%
However, the figure for 2014-15 has remained unchanged at 7.2% in the second revision
Chinese growth to remain at around the 6% mark
Moreover, refinancing needs are manageable for most corporates in 2017
GDP growth this financial year is expected to witness a decline due to demonetisation of 500 and 1000 rupee notes, but the range varies from 0.5-2%