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Tag Archives: growth

Economic Survey 15 -16: 8 pc growth in next couple of years possible

New Delhi, Feb 26: The Economic Survey 2015-16 presented in the Parliament on Friday by Union Finance Minister Arun Jaitley emphasizes that Indian economy will continue to grow more than 7 percent for the third year in succession in 2016-17 helped by a normal monsoon, despite global meltdown. The Economic Survey also states that due to Government’s commitment to carry ...

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Growth would be meaningful and inclusive only if it results in improving the standards of the last man, says President

New Delhi, Dec 28 : President Pranab Mukherjee inaugurated the 98th annual conference of the Indian Economic Association (IEA) on Sunday at Hyderabad. Speaking on the occasion, the President said emphasis has to be on providing adequate employment opportunities. Growth would be meaningful and inclusive only if it results in improving the standards of the last man, as welfare economists ...

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GDP growth slows to 7%

New Delhi, Aug 31: India’s gross domestic product (GDP) grew 7% during April-June quarter, government data released on Monday said. It is slower than the previous quarter where it saw a 7.5% expansion. “The economic activities which registered growth of over 7 percent in Q1 of 2015-16 over Q1 of 2014-15 are ‘manufacturing’, ‘trade, hotels and transport & communication and ...

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Core sector growth slows at 3 pct in June

New Delhi, July 31: The out put of eight Core Industries stood at 3.0 higher for June this year as compared to the index of June, 2014, government data revealed on Friday. It was lower than the 4.4 percent growth in the eight core industries’ performance as registered in May this year. “The Eight Core Industries comprise nearly 38 % ...

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Cyrus Mistry emphasises sustainable profitable growth and agility

Mumbai/Kolkata, July 30 : Chairman of Tata Sons Cyrus P. Mistry on Wednesday asked Tata companies to ensure sustainable profitable growth and to develop agile businesses amidst a changing and volatile world business environment. He was addressing the group’s leadership and senior management at the Tata group’s Annual Group Leadership Conference (AGLC). In his address, Mistry outlined critical enablers for ...

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Jaguar XJ records highest growth of 300 pc in 12 months

Kolkata / Mumbai, June 2 : Jaguar announced that its flagship model XJ, has achieved remarkable performance with a growth of 300% in just one year since start of its local manufacturing in India in June 2014. Rohit Suri, President, Jaguar Land Rover, India said: “We are delighted with the outstanding sales performance of Jaguar XJ. This performance is a ...

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Tata Motors exports witness growth of 47% in May 

Kolkata / Mumbai, June 2 : Tata Motors continued to witness strong growth in certain key segments as passenger cars (excluding UV’s), M&HCV and Exports grew by 32%, 17% and 47%, respectively, year-on-year; with the total commercial and passenger vehicles sales (including exports) in May 2015 of 39,496 vehicles, a growth of 5% over 37,538 vehicles sold in May 2014. ...

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Double-Digit Economic Growth Trajectory now a possibility: Economic Survey

New Delhi, Feb 27: Indian Economy is looking up with brighter prospects amongst the world’s major economies, said the Economic Survey 2014-15 presented by Union Finance Minister Arun Jaitley to the Parliament Friday indicating that a clear political mandate for reform and a benign external environment now is expected to propel India on to a double digit trajectory. It states ...

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Economic Survey projects over 8 pc GDP growth in 2015-16

New Delhi, Feb 27 : The Economic Survey 2014-15 tabled in Parliament on Friday ahead of the General Budget said the GDP growth at constant market prices is expected to accelerate to between 8.1 and 8.5 percent in 2015-16, indicating that it is time for big bang reforms. Macroeconomic fundamentals in 2014-15 have dramatically improved, said the Economic Survey. It ...

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“Government will facilitate the growth of Petrochemical sector”

Gurgaon, Feb 12 : Union Minister of Chemicals & Fertilizers Ananth Kumar on Thursday said that the Government will act as a facilitator and not as regulator of the Petrochemicals sector. Speaking at Petrochemical Conclave at Gurgaon, he said that the sector needs an investment of over Rs. 60,000 crore in near future and assured that the Government is ready to provide ...

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