Analysts polled by Reuters were expecting the output to grow 3.5 per cent.

The Reuters poll of over 30 economists, conducted this week, forecast inflation to ease to 3.6 per cent in August year-on-year, from July's already all-time-low of 3.78 per cent.

Nearly two-thirds of India's gold demand comes from rural areas where jewellery is a traditional store of wealth for millions who have no access to the formal banking system.

Business Today's 12th annual listing of women achievers. We drew up a long list of over 150 women and then shortlisted 55 contenders. Finally, 25 made the cut after jury deliberations.

China's slowdown has hit at a time when US is showing signs of recovery. As a result, rupee suffered a 4.5 per cent depreciation since January 2015. But, should India worry if a currency war kicks off?