The data for East Asia & Pacific, excludes high income countries such as Japan, South Korea, Taiwan, Hong Kong, Australia, and New Zealand
The rural-urban imbalance reflects the inequality of opportunities that need to be addressed, he added
Growth in South Asia will decelerate to 4.1 per cent in FY2021 and then recover to 6 per cent in FY2022, largely tracking the trend in the dominant Indian economy, according to ADB
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Assuring that there will be no harassment of taxpayers, Sitharaman said the intent of the government is to further simplify taxation systems including removal of exemption.
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Franklin Templeton is betting on banks, automobiles, consumer firms and software exporters to report good profit and revenue growth for the next few years
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The report said the impact of the rising oil prices is offset by robust domestic demand and rising exports, particularly of manufactures
India currently ranks 131 out of 188 countries on the HDI, lowest amongst BRICS nations in the most recent 2016 rankings
RBI expects India's economic growth rate to strengthen to 7.4% in the current financial, from 6.6% in 2017-18
EY's Forensic Outlook 2018 outlines some of the key trends that could accelerate growth in technologically disruptive times
The UN, in its latest report, projected India's growth rate to be 7.2 per cent in 2018 and 7.4 per cent in 2019
Maurice Obstfeld said state of India's economy is quite good, GST will have a payoff in the longer term
Japanese financial services major said there could be some downside to RBI's near-term projections
Dip in manufacturing output, business investment among factors leading to downward revision
Says procedural reforms, public investment in infrastructure will also contribute to it
This can be achieved by targeting 1 per cent additional growth each year, said CII president
India recorded a growth rate of 7.1 per cent during 2016-17