Fri, Apr 12, 2024
CII President R Dinesh emphasizes the need for 'big-ticket' reforms and suggests launching employment-linked incentive schemes akin to PLI to stimulate growth ahead of Lok Sabha Elections.
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Thu, Aug 31, 2023
GDP Growth: GDP growth figures remained as expected, year-on-year decline, but quarter-on-quarter growth increased from 6.1% to 7.8%, see Aditi Nair, Chief Economist, ICRA's special conversation
Tue, Feb 28, 2023
According to Chief Economic Advisor V Anantha Nageswaran, there are enough signs that manufacturing is in good health, but India has to be prepared to deal with El Nino and weather-related uncertainties.
Wed, Nov 30, 2022
According to the latest official data, the GDP growth in India has been 6.3 percent in the second quarter of September 2022. These figures have been according to the estimates of RBI. RBI's real GDP growth for FY23 is 7.2%. India's economic growth is considered better. India's condition is better than other countries. Inflation is making economic activities sluggish. According to experts, the effect of inflation and interest rates will be seen on the growth rate. Watch this special report on India 360.
The Indian economy has maintained its pace amid fears of a global recession and rising inflation. According to the latest official data, the GDP growth in India has been 6.3 percent in the second quarter of September 2022. These figures have been according to the estimates of RBI. GDP growth was 13.5% in the first quarter. Watch Commodities Live for more details.
Fri, Jul 29, 2022
There is good growth in the global markets. The US market has registered a jump for the second consecutive day. Dow Jones jumped 330 points to close at the high of the day. While Nasdaq and S&P 500 index gained 1%. SGX Nifty is trading above 17100. Japan's Nikkei rose 0.27%. South Korea's Kospi is up by 0.6% and Kosdaq is up by 0.56%. Apart from this, America's GDP (Gross Domestic Product) growth rate declined by 0.9% in the April-June quarter, from 6.7% in the same quarter last year.
Wed, Jun 08, 2022
Real GDP growth for the year has been retained at 7.2%. MPC noted that inflation is likely to remain elevated for the first three quarters of the current financial year, seeing inflation fot the year at 6.7%.
Tue, May 31, 2022
In the fourth quarter of the financial year 2021-22, the government has suffered a setback on the GDP front, India's GDP growth rate was 4.1% in the fourth quarter (January-March). According to experts, the main reason for the slowdown in the growth rate is inflation. GDP growth for the financial year 2021-22 was recorded at 8.7%. At the same time, in the third quarter of the financial year (October-December), the economic growth rate i.e. GDP was 5.4%. The country's GDP growth rate stood at 20.1% in the April-June quarter and 8.4% in the July-September quarter.
Sat, Dec 01, 2018
The government data released Friday shows India's economy grew at 7.1 per cent in July-September, lowest in three quarters.
Sat, Sep 01, 2018
He was responding to a query about senior Congress leader P Chidambaram expressing scepticism over India's GDP growth prospects, saying it would "not be so favourable" in third and fourth quarters, despite the GDP growing at 8.2 per cent in the current fiscal's first quarter.
Fri, Dec 01, 2017
GDP growth rate has increased from the first quarter of this financial year but has fallen compared to second quarters of previous financial years.
SBI has pointed out a sluggish demand trend that may impact GDP growth rate in the financial year 2017-18.
Sun, Jun 04, 2017
India's economic growth is expected to remain flat at 7.1 % in current fiscal as investment is still weak and government spending might not be as high given the fiscal consolidation, says an HSBC report.
Wed, Jan 18, 2017
"While Chinese growth looks stable into early 2017, a more marked slowdown by the second quarter appears inevitable," Gene Frieda, global emerging markets strategist at asset management giant PIMCO, said in a note this week.
Thu, Jan 12, 2017
India's GDP growth numbers are expected to see a decline of 2% in the third and fourth quarters of the current fiscal, as effective currency in circulation has contracted significantly, says an HSBC report.
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.
"Our assessment of a 6.7 per cent GDP growth (in FY17) with a downward bias is based on the premise that the liquidity shock has led to a drastic consumer spending shock," an SBI Research's Ecowrap report said.
Mon, Nov 21, 2016
Demonetisation of higher denominations in India has led to a short term state of paralysis as in the fight against black money, the purchasing power of the people has also been curtailed.
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