The IMF's January World Economy Outlook update says India will remain the fastest growing major economies of the world.
Obstfeld said one risk that has become much more evident in the last few years has been non-bank finance, usually called shadow banking.
Prabhu said the aim is to increase the GDP of each district in the country, which will cumulatively contribute for the GDP growth of the nation
The measure, compiled by Bloomberg News, reflects a sharp drop in a liquidity indicator, a sign of tight financial conditions, as well as slowing growth in infrastructure industries
India is the third military power of the world, said former president Pranab Mukherjee
Future growth in output, incomes and employment will depend on how macro, financial and regulatory issues are handled now
An HSBC report estimates that the size of China's economy by 2030 will be $20 trillion bigger than India's, and Bangladesh will record the highest GDP growth rate
The government needs to play an active role in encouraging basic research as well as protecting the environment
For a prime minister who spent considerable time globe-trotting, Modi would be hoping that the world pays back when he wants it the most
Recent measures to shore up rupee have underwhelmed and pressure is building on the authorities to do more to curb the yawning trade- and current-account deficits
Here are some indicators to show why India today is better off than five years ago
In overall ranking, India was evenly placed among BRICS nations
Modi said the Indian economy will grow at over 8% rate with massive employment generation being seen in IT and retail sectors
This decline is in contrast to the trend in most countries where public confidence was similarly pronounced in 2017 and 2018
Data on Friday showed gross domestic product grew 8.2 percent in the three months ended June from a year ago, the fastest in nine quarters
With more than 90% of India's labor force employed in the nation's informal economy, the government has struggled to produce reliable jobs data to even get an accurate read on the level of joblessness
Arun Jaitley said India has the potential to be among top three economies of the world in the next 10-20 years
For India, the main factor is the rise in oil prices
Changyong Rhee said 'India has to open up, has to have more international linkages so that the world can benefit a lot'
Auto industry is a barometer of consumption demand