Driven by private consumption and increased industrial activity, India's growth is projected to notch up to 7.5 per cent in 2016 17, overtaking China's GDP by more than 1 per cent, the IMF said on Tuesday
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India's annual consumer inflation eased for the second straight month to 4.83 per cent in March, helped by smaller rises in food prices, government data showed on Tuesday
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There will be 'above normal' monsoon this year, the Met office predicted on Tuesday, easing fears over farm and economic growth after two consecutive years of drought
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The expected slowdown in the region is mainly due to the continued moderation of growth in China, which is likely to see growth slow to 6.7 per cent in 2016 and 6.5 per cent in 2017, from 6.9 per cent in 2015, the bank said
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The eight core sectors expanded to a 15-month high of 5.7 per cent in February due to sharp pick-up in natural gas, refinery products, fertiliser, cement and electricity generation
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Says the economy will again accelerate in FY 2017 as the benefits of banking sector reforms and an expected pickup in private investment begin to flow
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There was some bad news in the GDP report, with corporate profits falling for a second straight quarter as a strong dollar and cheap oil undercut the earnings of multinational and energy companies
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In February the agriculture ministry forecast India's 2016 wheat output at 93.82 million tonnes, lower than a target of 94.75 million tonnes
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The Commerce Ministry said the trend of falling exports is in tandem with that in other major world economies
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There is more to the inflation numbers than meets the eye. May be statisticians and economists will be able to explain these 'mysteries'
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