India lost its spot as the fastest-growing major economy to China, clocking a disappointing 5.8% in the January-March quarter as a chill in domestic and global consumer demand hit manufacturers and service providers.

India's GDP growth slips to 5.8 percent in Q4

India's gross domestic product (GDP) growth in the January-March quarter of 2018-19 slipped to 5.8 per cent against 6.6% in the third quarter, due to poor performance in agriculture and manufacturing sectors, official data released by Central Statistics Office showed.

India's GDP growth rate slows to 5.8% in Jan-March quarter, slowest in two years

France said that India and nations like Germany, Brazil and Japan are "absolutely needed" as permanent members of the UN Security Council. Watch full video to know more.

India ' Absolutely Needed' as permanent UN Security Council members, says France

Revamping global food production, retooling the financial sector, moving beyond GDP as a measure of progress and other "transformative changes" are needed to save nature and ourselves, a major UN biodiversity report is set to conclude.

'Move beyond GDP,' suggests UN report to fix nature and avoid human misery

Sri Lanka faces a likely collapse in tourism following Easter Sunday bomb attacks on churches and hotels, which would deal a severe blow to the island's economy and financial markets, and potentially force it to seek further IMF assistance.

Sri Lanka may need more IMF help as blasts threaten tourism

India’s GDP growth is expected to accelerate moderately to 7.5 per cent in Fiscal Year 19-20, driven by continued investment strengthening, particularly private-improved export performance and resilient consumption, the World Bank has said.

India’s GDP expected to accelerate moderately to 7.5% in 2019-20: World Bank

The Reserve Bank of India(RBI) today cut benchmark lending rate by 0.25 per cent to 6 per cent. The decision came as a relief for home loan buyers. The RBI maintained a neutral stance on the monetary policy.

RBI cuts lending rate by 0.25 per cent to 6 per cent; projects GDP growth for 2019-20 at 7.2%

US economic growth was revised sharply lower for the final three months of 2018, with data showing GDP expanded 2.2 per cent rather than the 2.6 per cent originally reported, the government said Thursday.

US GDP growth revised down sharply to 2.2% in Q4

Globally, real estate development is an important parameter to measure economic growth. If one just looks at the demand for homes in India, the growth potential is huge.

Indian real estate will power Indian economy into the ‘big league’

Russia's economic growth climbed to a six-year high in 2018, but the growth was fuelled by one-off factors that mean the goals set by President Vladimir Putin won't be achieved without an increase in household incomes, economists said.

Russia's GDP growth, at six-year high, raises question of durability

Pakistan has revised its economic growth figures for the last financial year to 5.2 per cent from a previously reported figure of 5.8 per cent, after a sharp cut in the figure for large-scale manufacturing, the statistics office said.

Pakistan cuts 2017/18 economic growth estimate to 5.2 per cent

India's April-December fiscal deficit narrowed to 7.01 trillion rupees ($97.80 billion), or 112.4 per cent of the budgeted target for the current fiscal year, government data showed on Monday.

India's April-December fiscal deficit narrows to 7.01 trillion rupees: Government

India must sign NPT to gain entry into NSG, patient negotiations required: China India must sign the Non-Proliferation Treaty(NPT) to gain entry into the Nuclear Suppliers Group, China said Thursday, asserting that "patient negotiations" were required for New Delhi's admission into the group as there is no precedent for the inclusion of non-NPT countries.

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The government Thursday revised the economic growth rate upwards to 7.2 per cent for 2017-18 from the 6.7 per cent estimated earlier. "Real GDP or GDP at constant (2011-12) prices for 2017-18 and 2016-17 stand at Rs 131.

GDP growth rate for 2017-18 revised upwards to 7.2%

The International Monetary Fund said Monday it was "imperative" to resolve the uncertainty surrounding how Britain will leave the European Union, which it said was posing a threat to the British and global economy.

Imperative to resolve Brexit uncertainty immediately: IMF

The government wants to focus on the districts as part of a bottom-up approach for boosting growth, industry minister Suresh Prabhu said here Saturday. The idea is to focus on one district at a time and increase its GDP growth by 3-4 percentage points annually, which will help increase the national GDP, the minister said speaking at an Association of National Exchanges Members of India event here.

District-focused approach to boost GDP growth faster: Suresh Prabhu

Growth of the world economy is expected to slow as the US-China trade conflict takes its toll and undermines confidence, the World Bank said Tuesday in its semi-annual forecast.

World economy to slow this year due to US-China trade conflict: World Bank

India's GDP (gross domestic product) is estimated to grow at 7.2 per cent in 2018-19 compared to 6.7 per cent attained during the previous fiscal, official data showed here on Monday.

Government estimates GDP growth at 7.2% for 2018-19

British Prime Minister Rishi Sunak, who is currently dealing with an economic crisis before the general elections, is in the news for a private jet he took last year that was apparently funded by an entrepreneur named Akhil Tripath who is also a minor Tory donor.

RBI likely to give government bumper interim dividend: Sources

It further said there is a growth of over 80 per cent in the number of returns filed in the last four financial years from 3.79 crores in 2013-14 to 6.85 crore in 2017-18.

Direct tax-GDP ratio of 5.98% during Fiscal Year 2018 best in 10 years: Finance Ministry

The government is looking at bringing untaxed sectors in the tax net as well as improving compliance to raise the tax-to-GDP ratio, Revenue Secretary Ajay Bhushan Pandey said.

Focussing on improving compliance, identifying areas which escaped tax net: Revenue Secretary AB Pandey

The US central bank sent a strong signal on Friday that it would be willing to reconsider expected interest rate hikes amid new data showing President Donald Trump's multi-front trade wars are dragging on the economy and shaking up investors.

US Federal could rethink rate hikes as Trump trade wars drag on economy

India is set to increase its public health spending to 2.5 per cent of its gross domestic product (GDP) by 2025, Prime Minister Narendra Modi said Wednesday. He also said India is one of the first countries to advocate focused attention on adolescence and to implement a full-fledged health promotion and prevention programme for adolescents.

India to increase public health spending to 2.5 per cent of GDP, says PM Narendra Modi

India's current account deficit (CAD) widened to 2.9 per cent of the GDP in the second quarter of the fiscal compared to 1.1 per cent in the year-ago period, mainly due to a large trade deficit, the RBI said Friday.

Current account deficit widens to 2.9% of GDP in Q2

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