Page 17 - Indian Economic Growth
GDP growth to slow in Apr-Jun quarter to 5.7% on weak consumption: Nomura
India's economic growth slowed to 6.8% in 2018-19 - the slowest pace since 2014-15
 "GDP growth to slow in Apr-Jun quarter to 5.7% on weak consumption: Nomura")
UBI mulls special loan offers for start-ups, brainstorms on $5-trn GDP goal
The PSB has organised a meeting of all branch heads wherein collective consultative and ideation process was undertaken to align banking with national priorities
 "UBI mulls special loan offers for start-ups, brainstorms on $5-trn GDP goal")
India's economic growth was negative more often before 1947 than after
The average growth in the 50 years leading to Independence was 0.06%
 "India's economic growth was negative more often before 1947 than after")
At $2.73 trn, India's economy pushed to 7th spot; UK, France march ahead
UK's economy grew to $2.82 trillion and the French economy expanded to $2.78 trillion in 2018, against India's $2.73 trillion, World bank data showed
Former CEA Arvind Subramanian defends stance on GDP overestimation
The former CEA said that India had sustained high growth rate after 2011
 "Former CEA Arvind Subramanian defends stance on GDP overestimation")
Time to shift towards growth as fiscal policy space remains limited
With a distinct positive output gap opening up from the RBI's potential growth estimate, we believe that a consecutive third 25-bps rate cut is warranted
 "Time to shift towards growth as fiscal policy space remains limited")
Wealth disparity rose six-fold in 17 years, says development study
The study talks of widening wealth inequalities at a time when there is speculation in certain quarters about restoring the inheritance tax in the Budget for 2019-20
 "Wealth disparity rose six-fold in 17 years, says development study")
India's GDP to exceed $3 trillion; to become 5th largest economy in 2019
According to IHS Markit, the Indian economy is set to overtake England in 2019 and Japan by 2025
 "India's GDP to exceed $3 trillion; to become 5th largest economy in 2019")
After surpassing France, India may pip UK in world economy rankings: PwC
According to World Bank data, India became the world's sixth largest economy in 2017 surpassing France
 "After surpassing France, India may pip UK in world economy rankings: PwC")
Three telling recent indicators and why slowing economy needs a boost
There is a need for an economic stimulus, especially when demand growth is slowing and there is spare capacity in the system, but the policy response has been anything but, writes T N Ninan
GDP growth to pick up in 2018; oil prices, inflation may spoil the party
Over the past three months, crude oil prices have increased by about 28%
Note ban shock over? Economic growth to end 5-quarter slide in Q2: Poll
The Reuters poll of 52 economists over past week showed GDP growth likely rose to 6.4%