Economic Survey

Timelines
India's GDP growth rises to 4.7% in October-December quarter

28 Feb 2020

India's GDP growth rises to 4.7% in October-December quarter

India recorded a Gross Domestic Product (GDP) growth rate of 4.7% in the third quarter of the fiscal year 2019-2020, according to government data released on Friday.

5 big takeaways of Nirmala Sitharaman's budget you should know

01 Feb 2020

5 big takeaways of Nirmala Sitharaman's budget you should know

Finance Minister Nirmala Sitharaman presented her second Union Budget at a time when the Indian economy is struggling, raising concerns among world bodies like the International Monetary Fund (IMF).

For 2020-21, Economic Survey pegs India's growth at 6-6.5%

31 Jan 2020

For 2020-21, Economic Survey pegs India's growth at 6-6.5%

A day before Finance Minister Nirmala Sitharaman will present the Union Budget, the Economic Survey was tabled in the Parliament today.

Banks go on a strike: Which services would be affected?

31 Jan 2020

Banks go on a strike: Which services would be affected?

Across India, banking services are expected to be impacted greatly this weekend as bank unions go on strike from today (January 31, 2020).

Violence in name of protests weakens country, says President Kovind

31 Jan 2020

Violence in name of protests weakens country, says President Kovind

President Ram Nath Kovind believes violence under the garb of protests weakens the nation and the strengthening of democracy is paramount.

Budget 2020: What to expect? When will it be presented?

17 Jan 2020

Budget 2020: What to expect? When will it be presented?

With the economy in crisis, all eyes are on the upcoming Union Budget for the fiscal year 2020-21.

Bank unions announce nationwide strike on Jan 31, Feb 1

15 Jan 2020

Bank unions announce nationwide strike on Jan 31, Feb 1

Bank employee unions on Wednesday announced a two-day nationwide strike starting January 31.

Union Budget 2019: 7 announcements which Nirmala Sitharaman could make

05 Jul 2019

Union Budget 2019: 7 announcements which Nirmala Sitharaman could make

India's first full-time female finance minister, Nirmala Sitharaman, will present the Union Budget in a short while from now.

Economic Survey 2019 proposes increasing investments, retirement age: Details here

05 Jul 2019

Economic Survey 2019 proposes increasing investments, retirement age: Details here

On Thursday, Finance Minister Nirmala Sitharaman tabled her first Economic Survey, which shapes a roadmap for how the government could bring the economy back on track.

They brought down Weinstein, we can't even touch Nana: Tanushree

29 Sep 2018

They brought down Weinstein, we can't even touch Nana: Tanushree

Tanushree Dutta is angry and rightly so. Her sexual harassment allegations against Nana Patekar should have opened Pandora's Box of similar stories, but nothing much happened this week.

India's economy continues on robust growth path: Asian Development Bank

26 Sep 2018

India's economy continues on robust growth path: Asian Development Bank

India's economy continues on a robust growth path, the Asian Development Bank (ADB) said today while maintaining the growth forecast for the current fiscal at 7.3%.

Fitch Ratings ups India's growth forecast to 7.8% for FY19

21 Sep 2018

Fitch Ratings ups India's growth forecast to 7.8% for FY19

Fitch Ratings today upped India's growth forecast for the current fiscal to 7.8% from 7.4% projected earlier.

Chidambaram dares BJP to contradict official data on economy growth

10 Sep 2018

Chidambaram dares BJP to contradict official data on economy growth

Senior Congress leader P Chidambaram Sunday dared BJP to contradict an official data on growth which has said the economy clocked a 10.08% growth in 2006-07 under the UPA rule, the highest since liberalization in 1991.

#CareerBytes: Tips to crack the UPSC exam

06 Sep 2018

#CareerBytes: Tips to crack the UPSC exam

The UPSC Civil services exam is one of the toughest exams in India, thus thorough preparation and solid determination are the keys to cracking it.

India likely to replace UK as world's fifth-largest economy: Jaitley

30 Aug 2018

India likely to replace UK as world's fifth-largest economy: Jaitley

India is likely to surpass the UK to become the world's fifth largest economy next year on growing consumption and strong economic activity, Finance Minister Arun Jaitley said today.

India fastest growing economy; on track to meet FY18-target: ADB

19 Jul 2018

India fastest growing economy; on track to meet FY18-target: ADB

South Asia continues to be the fastest growing sub-region, led by India, whose economy is on track to meet the fiscal year 2018 projected growth of 7.3% and further accelerating to 7.6% in 2019, as measures taken to strengthen the banking system and tax reform boost investment, Asian Development Bank (ADB) said.

Chief Economic Adviser Arvind Subramanian quits months before term ends

20 Jun 2018

Chief Economic Adviser Arvind Subramanian quits months before term ends

Indian Chief Economic Adviser (CEA) Arvind Subramanian is quitting and moving to the US due to "pressing family commitments," Finance Minister Arun Jaitley announced today.

Indians continue to be top foreigners visiting Nepal in 2017

29 May 2018

Indians continue to be top foreigners visiting Nepal in 2017

Indians continued to account for the maximum number of tourists who visited Nepal in 2017, which recorded the arrival of nearly one million foreigners, according to government data.

Economic Freedom Index: India ranks 130; up by 13 spots

12 Apr 2018

Economic Freedom Index: India ranks 130; up by 13 spots

With an economic freedom score of 54.5, India was ranked 130 in the 2018 annual index of Economic Freedom released by The Heritage Foundation, an American conservative public policy think-tank based in Washington.

Delhi's economy improves, estimated to grow at 11.22%

20 Mar 2018

Delhi's economy improves, estimated to grow at 11.22%

Even as Delhi CM Arvind Kejriwal goes on an apology spree, he has one thing to feel proud of.

World Bank projects India's FY19 GDP growth at 7.3%

14 Mar 2018

World Bank projects India's FY19 GDP growth at 7.3%

World Bank on Wednesday projected India's GDP growth at 7.3% for the next financial year and accelerated further to 7.5% in 2019-20.

12.9% of total households in Maharashtra headed by women: Survey

08 Mar 2018

12.9% of total households in Maharashtra headed by women: Survey

According to an Economic Survey tabled in the Maharashtra Legislative Assembly on Thursday, at least 12.9% of the total households in the state are headed by women.

Back from hospital, Goa CM Manohar Parrikar presents Budget

22 Feb 2018

Back from hospital, Goa CM Manohar Parrikar presents Budget

Goa CM Manohar Parrikar presented the Budget, merely hours after being discharged from the hospital. He was rushed to the hospital on February 15 for inflamed pancreas. He underwent treatment at Mumbai's Lilavati hospital.

Just 28% urban Indians live in rented houses: Economic Survey

02 Feb 2018

Just 28% urban Indians live in rented houses: Economic Survey

Only 28% of India's urban population lives in rented houses today, a sharp contrast from the housing pattern in 1961 when more than half of us (54%) didn't own a house and lived in a rented one, finds the Economic Survey for 2017-18.

Indians' preference for sons has left 2 million girls "unwanted"

30 Jan 2018

Indians' preference for sons has left 2 million girls "unwanted"

Indians are so in love with male heirs that in their quest for sons, they have produced 21 million "unwanted" girls, the government said in its 2018 Economic Survey.

India to grow 7-7.5% in FY18, retain fastest-growing economy tag

29 Jan 2018

India to grow 7-7.5% in FY18, retain fastest-growing economy tag

The Economic Survey 2017-18, tabled in the Lok Sabha at the start of the Budget Session, has pegged India's GDP growth in the next year at 7-7.5%.

Union budget to be presented on February 1

05 Jan 2018

Union budget to be presented on February 1

Parliamentary affairs minister Ananth Kumar announced that the Parliament's budget session is set to begin on January 29. The Cabinet Committee on Parliamentary Affairs has recommended that the budget be presented on February 1.

Budget 2018 likely on February 1, GST might affect presentation

04 Dec 2017

Budget 2018 likely on February 1, GST might affect presentation

The last budget for the current government, the first after GST, is likely to be presented on February 1 next year.

RBI rate cut unlikely, July retail inflation surges to 2.36%

15 Aug 2017

RBI rate cut unlikely, July retail inflation surges to 2.36%

The possibility of a near-term interest rate cut by the apex bank of India looks bleak, as India's retail inflation reversed its downward trend and stood at 2.36% in July from 1.46% noticed in June.

India loses the fastest-growing economy tag to China

01 Jun 2017

India loses the fastest-growing economy tag to China

India's economic growth slowed for the fourth consecutive quarter in the three months that ended in March, losing out the fastest-growing economy tag to China.

Universal Basic Income only after withdrawing current schemes: Arvind

26 Feb 2017

Universal Basic Income only after withdrawing current schemes: Arvind

Universal Basic Income (UBI) can only be implemented after existing welfare schemes are withdrawn, said Chief economic advisor Arvind Subramanian, as the total costs will otherwise be extremely high.

The core team that drafted the Budget

07 Feb 2017

The core team that drafted the Budget

Finance Minister Arun Jaitley was closely assisted by a team of seven top officials in drafting the Budget for 2017-18.

Economic Survey: Universal Basic Income will replace subsidies

31 Jan 2017

Economic Survey: Universal Basic Income will replace subsidies

The Economic Survey suggested the Universal Basic Income (UBI) model to replace the existing range of subsidies and other schemes combating poverty.

Arun Jaitley presents Economic Survey 2016-17 to Parliament

31 Jan 2017

Arun Jaitley presents Economic Survey 2016-17 to Parliament

Finance Minister Arun Jaitley tabled the Economic Survey 2017-18 prepared by Chief Economic Advisor Arvind Subramanian.

Nitin Gadkari agrees with Venkaiah Naidu on car parking

06 Jan 2017

Nitin Gadkari agrees with Venkaiah Naidu on car parking

On Thursday, Union Minister Nitin Gadkari said that he agreed "in-principle" with cabinet colleague M Venkaiah Naidu on allowing registration to vehicles only after an evidence of parking space availability is provided.

India may endorse 'Universal Basic Income'

05 Jan 2017

India may endorse 'Universal Basic Income'

India may endorse and subsequently introduce a 'Universal Basic Income' (UBI) that all Indian citizens will be entitled to.

Rs.1000 fine for parking on roads

25 Dec 2016

Rs.1000 fine for parking on roads

The Centre is looking to implement more stringent penalties for parking on roads; Union minister for road transport Nitin Gadkari said the penalty for parking on roads would be increased to Rs.1000 from Rs.200.

Car buyers may need to show proof of parking

23 Dec 2016

Car buyers may need to show proof of parking

Union government is working on a proposal that would impact everyone planning to buy a car.

Delhi overtakes Mumbai as India's economic hub

28 Nov 2016

Delhi overtakes Mumbai as India's economic hub

In a study published by Oxford Economics, India's capital city of Delhi overtook Mumbai as the nation's commercial and business centre.