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Noteban effect RBI must cut rates: India Inc - The Hans India;

Noteban effect RBI must cut rates: India Inc - The Hans India

The Hans IndiaNoteban effect RBI must cut rates: India IncThe Hans IndiaNew Delhi : The government's note ban move clearly had a debilitating impact on the domestic economy, feels India Inc. After GDP data showed growth declined to 6.1 per cent in the January-March quarter, India lost the tag of the world's fastest growing ...and more »

GDP growth at 3 year low as note ban takes a toll - The Hans India;

GDP growth at 3 year low as note ban takes a toll - The Hans India

The Hans IndiaGDP growth at 3 year low as note ban takes a tollThe Hans IndiaNew Delhi: Hit hard by demonetisation, India lost the tag of the fastest growing economy to China in the March quarter with a GDP growth of 6.1 per cent, pulling down the 2016-17 expansion to a three-year low of 7.1 per cent. The bad news of the ...and more »

Note ban makes India fall behind China in GVA growth, but agriculture improves - Yahoo India News;

Note ban makes India fall behind China in GVA growth, but agriculture improves - Yahoo India News

Yahoo India NewsNote ban makes India fall behind China in GVA growth, but agriculture improvesYahoo India NewsPrime Minister Narendra Modi's note ban impacted the Indian economy massively in the fourth quarter of Financial Year 2016-17, bringing down its growth in terms of gross value added (GVA) from 8.7% in the same period last year to 5.6%. India's full ...and more »

DeMolished India's top rank - Calcutta Telegraph;

DeMolished India's top rank - Calcutta Telegraph

Calcutta TelegraphDeMolished India's top rankCalcutta TelegraphNew Delhi, May 31: India is no longer the fastest-growing major economy in the world: it has lost its bragging rights to China. The Central Statistics Office (CSO) today put out its provisional estimates on national income that showed real GDP growth ...and more »

Gauging note ban hit a complex task: Anant - Business Standard;

Gauging note ban hit a complex task: Anant - Business Standard

Business StandardGauging note ban hit a complex task: AnantBusiness StandardThe government has refused to state demonetisation as a primary reason for gross domestic product (GDP) growth falling to a four-quarter low of 6.1 per cent in January-March of 2016-17. Chief Statistician T C A Anant said at a press conference the ...and more »

India's economy grew at 7.1% in 2016-17, Q4 GDP growth at 6.1% - Free Press Journal;

India's economy grew at 7.1% in 2016-17, Q4 GDP growth at 6.1% - Free Press Journal

Free Press JournalIndia's economy grew at 7.1% in 2016-17, Q4 GDP growth at 6.1%Free Press JournalAlmost all sectors, with the exception of agriculture, showed deceleration in the aftermath of demonetisation. New Delhi : Demonetisation took a toll on the Indian economy with the Gross Domestic Product during the fourth quarter, ending March this ...and more »

Moody's forecast to lift mood - Calcutta Telegraph

Moody's forecast to lift moodCalcutta TelegraphMumbai, May 31: India's economic growth in the fourth quarter of 2016-17 may have slowed because of demonetisation, but it could accelerate to 7.5 per cent in the current fiscal, while the government's reforms will help the country to achieve an 8 per ...and more »

India's economy grows at slowest pace since 2014 - The Straits Times

India's economy grows at slowest pace since 2014The Straits TimesNEW DELHI • India's economy grew at the slowest pace in more than two years in the first quarter of this year, dragged down by Prime Minister Narendra Modi's cash ban in November and the weight of the country's bad bank debts. The unexpectedly slowed ...and more »

India no longer fastest growing economy in the world: 10 points - India.com;

India no longer fastest growing economy in the world: 10 points - India.com

India.comIndia no longer fastest growing economy in the world: 10 pointsIndia.comThe weak GDP data will be a setback for Narendra Modi government, which completed three years in office last week. By Zeeshan Shaikh | Published: June 1, 2017 1:11 AM IST Follow Email. 0 Shares. Facebook share; Twitter share; Share on Google+ ...and more »

Economy slows to 3-year low - The Tribune;

Economy slows to 3-year low - The Tribune

The TribuneEconomy slows to 3-year lowThe TribuneDemonetisation of high-value notes hit India's economic growth in financial year 2016-17 which slowed down to 7.1% with the growth for the fourth quarter of the year falling sharply to 6.1%. Experts said it appears that the 2016-17 was already seeing ...and more »

Impact of note ban seen in Q4 data - Deccan Chronicle;

Impact of note ban seen in Q4 data - Deccan Chronicle

Deccan ChronicleImpact of note ban seen in Q4 dataDeccan ChronicleIndia loses fastest growing economy tag to China, records slowest GDP growth in three years. GDP had grown by 8 per cent in 2015-16, 7.5 per cent in 2014-15 and 6.4 per cent in 2013-14, according to new series. New Delhi: The economy hit a bump in ...and more »

India is no longer the fastest-growing economy - The Hindu;

India is no longer the fastest-growing economy - The Hindu

The HinduIndia is no longer the fastest-growing economyThe HinduIndia lost its fastest-growing major economy tag in the fourth quarter of 2016-17, with GDP growth coming in at 6.1% compared with China's 6.9% in the same period. Data from the Ministry of Statistics on Wednesday showed GDP grew 7.1% in the financial ...and more »

Moody's pegs economic growth at 7.5% in FY18 - Deccan Herald;

Moody's pegs economic growth at 7.5% in FY18 - Deccan Herald

Deccan HeraldMoody's pegs economic growth at 7.5% in FY18Deccan HeraldIndia's economic growth will accelerate to 7.5% in current fiscal and the government's reform push will help achieve 8% GDP growth rate in about four years, Moody's said on Thursday. In itsGlobal Macro Outlook, Moody's Investors Service said the ruling ...and more »

Expert Views - India's economy grows 6.1 percent in Jan-March | Reuters - Firstpost

Expert Views - India's economy grows 6.1 percent in Jan-March | ReutersFirstpostMUMBAI India's economy grew 6.1 percent in the three months through March from a year earlier, slowing from a provisional 7.0 percent in the previous quarter, government data showed on Wednesday.That was much lower than the forecasts for annual ...and more »

India's annual GDP growth slowed to 7.1% after historic demonetization - Nikkei Asian Review;

India's annual GDP growth slowed to 7.1% after historic demonetization - Nikkei Asian Review

Nikkei Asian ReviewIndia's annual GDP growth slowed to 7.1% after historic demonetizationNikkei Asian ReviewNEW DELHI -- India's demonetization drive that sucked 86% of cash out of circulation has most likely hurt its economy, with a government report revealing that year-on-year growth slowed to 6.1% in the January-March quarter. The data released Wednesday ...and more »

Construction sector performed particularly poorly during Q4FY17: Panagariya - Business Standard;

Construction sector performed particularly poorly during Q4FY17: Panagariya - Business Standard

Business StandardConstruction sector performed particularly poorly during Q4FY17: PanagariyaBusiness StandardThe revised estimates of India's gross domestic product (GDP), released by the Central Statistics Office (CSO) on Wednesday, showed that the economy slowed down to 6.1 per cent in the fourth quarter of 2016-17, from 7.9 per cent in the first quarter.and more »

Indian economy grew at 7.1% in 2016-17, Q4 GDP growth at 6.1% - ABP Live;

Indian economy grew at 7.1% in 2016-17, Q4 GDP growth at 6.1% - ABP Live

ABP LiveIndian economy grew at 7.1% in 2016-17, Q4 GDP growth at 6.1%ABP LiveNew Delhi: India's gross domestic product during the past fiscal grew at a lower rate of 7.1 per cent, the official statistician said on Wednesday. "Real GDP at constant (2011-12) prices for the year 2016-17 is estimated at Rs 121.90 lakh crore showing ...and more »

Growth Lower Than Expected: Has Notes Ban Hit Economy Hard? - NDTV;

Growth Lower Than Expected: Has Notes Ban Hit Economy Hard? - NDTV

NDTVGrowth Lower Than Expected: Has Notes Ban Hit Economy Hard?NDTVThe latest Gross Domestic Product or GDP numbers show unexpected slowdown of growth to 6.1 per cent - the lowest in more than two years - against the 7.1 per cent forecast by analysts. With China's growth rate at 6.9 per cent for the same quarter ...and more »

Indian economy growing steadily despite global headwind: FICCI - New Kerala

Indian economy growing steadily despite global headwind: FICCINew KeralaNew Delhi , May 31 : Despite the ongoing global economic headwind, the Indian economy is moving steadily on the growth trajectory, according to the Federation of Indian Chambers of Commerce and Industry (FICCI).and more »

Slowdown in GDP growth intensified by note ban, notes ICRA - New Kerala

Slowdown in GDP growth intensified by note ban, notes ICRANew KeralaNew Delhi , May 31 : Soon after the Central Statistics Office (CSO) released the new estimates of the growth of the Gross Domestic Product (GDP) in the fourth quarter of the current financial year, credit-rating body ICRA asserted that the slowdown in ...and more »