Tue, Dec 05, 2017
Fitch alone is not disappointed by the country's current growth rate, CRISIL too has projected India's GDP at 6.8% with downside bias from previous 7% for FY18.
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Wed, Nov 29, 2017
Niti Aayog's Vice-Chairman Rajiv Kumar earlier expressed his confidence stating that India's economic growth in Q2FY18 is expected to soar between 7% and 7.5%. Considering an economist's forecast, this number was a higher projection.
Sat, Mar 11, 2017
The report also said the overall business climate should improve with the medium-term positive effects of demonetisation starting to gain traction.
Wed, Mar 01, 2017
The strong data have also reignited the debate about the credibility as well as the quality of the official GDP data.
Tue, Feb 28, 2017
Soon after the announcement of the ban on Rs 500 and Rs 1000 notes, the experts and economists, who were expecting GDP around 7.6% revised the numbers to below 7%.
Mon, Feb 27, 2017
The First Advance Estimates of National Income, 2016-17, did not take into account the impact of demonetisation.
Sat, Jan 07, 2017
"Given the impact of demonetisation on actual activity from mid-November 2016 onward, projecting GDP growth for the full year by extrapolating the trends up to October 2016 for several sectors, may introduce more errors than in earlier years. This would be particularly apt for cash intensive sectors such as construction," Icra said in a statement.
Fri, Jan 06, 2017
The Indian government said economic growth would slow down to 7.1 % in the fiscal year ending in March from 7.6 % a year earlier.
The growth in GDP during 2016-17 is estimated at 7.1% as compared to the growth rate of 7.6% in 2015-16, Ministry of Statistics & Programme Implementation said.
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