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GDP growth

RBI Governor Shaktikanta Das says incoming data on GDP growth mixed but positives outweigh negatives

RBI Governor Shaktikanta Das says incoming data on GDP growth mixed but positives outweigh negatives

Wed, Nov 06, 2024

Das said the RBI tracks over 70 high-speed indicators to arrive at its estimates and described both the positive factors pushing the number and the negatives pulling it down.

SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth will be closer to 7%

SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth will be closer to 7%

Wed, Nov 06, 2024

However, they said Q2 with a 6.5 per cent growth would be a blip and an impasse when it comes to growth, and added that tailwinds of recovery are now reinvigorated by a surge in rural demand.

Economy set to achieve 6.5-7% GDP growth in FY25: Finance Ministry

Economy set to achieve 6.5-7% GDP growth in FY25: Finance Ministry

Thu, Sep 26, 2024

For the remaining part of the financial year, according to the Finance Ministry, a reasonable expectation is that public expenditure will pick up, providing added growth and investment impetus.

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RBI retains GDP growth projection at 7% for FY25

RBI retains GDP growth projection at 7% for FY25

Fri, Apr 05, 2024

The RBI retained the GDP growth projection at 7 per cent for 2024-25 fiscal on the back of expectations of a normal monsoon, moderating inflationary pressures, and sustained momentum in manufacturing and services sector.

World Bank raises Sri Lanka's growth forecast to 2.2% for 2024

World Bank raises Sri Lanka's growth forecast to 2.2% for 2024

Tue, Apr 02, 2024

The Indian Ocean island nation secured an agreement in principle with China, India and the Paris Club nations last November to restructure its debt and now needs agreements with each bilateral creditor - a key condition in its IMF bailout.

Good news from GDP data: Country's GDP increased with bumper growth of 8.4% in December quarter | Anil Singhvi

Good news from GDP data: Country's GDP increased with bumper growth of 8.4% in December quarter | Anil Singhvi

Fri, Mar 01, 2024

Editor's Take | The country's GDP increased with a bumper growth of 8.4% in the December quarter... The growth estimate for this financial year increased from 7.3% to 7.6%... How encouraging are these figures for our market? What kind of action in the bond market after GDP data? Know from Anil Singhvi.

World Bank VP Optimistic About India's Potential to Lead the World in Modest Emission High Growth Path

World Bank VP Optimistic About India's Potential to Lead the World in Modest Emission High Growth Path

Thu, Feb 08, 2024

Martin Raiser, World Bank VP for South Asia, highlighted India's potential to pioneer a sustainable growth model with modest emissions. He emphasized India's unique opportunity, driven by technology and a service-oriented economy, to achieve high growth while minimizing emissions. Raiser expressed optimism about India's ability to leverage domestic innovation and strong capital markets through partnerships to realize this goal.

ICRA projects GDP growth to moderate to below 6% in Q3

ICRA projects GDP growth to moderate to below 6% in Q3

Thu, Jan 18, 2024

India had registered a Gross Domestic Product (GDP) growth rate of 7.6 per cent in the July to September period. The rating agency said the year-on-year growth in ICRA Business Activity Monitor eased for the second consecutive month to a six-month low of 8.1 per cent in December 2023 -- as against 7.9 per cent in December 2022 and 9.6 per cent in November 2023.

India's GDP to surpass USD 4 trillion in 2024-25: PHDCCI Report

India's GDP to surpass USD 4 trillion in 2024-25: PHDCCI Report

Wed, Jan 10, 2024

Observing that despite global challenges, India's economy remains resilient, the report said the country is poised to attain the status of a developed economy by 2047 under the initiative of 'Viksit Bharat'.

Asia-Pacific power and renewable projects gear up for growth in 2024: Fitch Ratings

Asia-Pacific power and renewable projects gear up for growth in 2024: Fitch Ratings

Tue, Dec 26, 2023

Governments in the APAC region are expected to continue advocating for clean energy investments amid the global energy crisis.

India's resilient economic growth will boost demand of corporates: Fitch Ratings

India's resilient economic growth will boost demand of corporates: Fitch Ratings

Sun, Dec 24, 2023

Rising demand and easing input cost pressure should boost margins of the corporates in the next financial year, Fitch said.

Exclusive: PLI schemes for auto, battery, textiles, bulk drugs, among others, to be tweaked to spur investments

Exclusive: PLI schemes for auto, battery, textiles, bulk drugs, among others, to be tweaked to spur investments

Tue, Dec 19, 2023

PLI schemes are a crucial part of Prime Minister Narendra Modi’s vision of making India a $5-trillion economy by strengthening the nation’s manufacturing sector by incentivising domestic and foreign investments.

Annual GDP of Modi government 5.4%, but highlighting quarterly growth:Congress

Annual GDP of Modi government 5.4%, but highlighting quarterly growth:Congress

Sun, Dec 10, 2023

Congress General Secretary Jairam Ramesh in a post on X said, "The Prime Minister and Finance Minister are repeatedly talking up the 'transformative GDP growth in India' based on the recent numbers for July-September 2023.

India poised to become world's 3rd largest economy by 2030: S&P Global

India poised to become world's 3rd largest economy by 2030: S&P Global

Tue, Dec 05, 2023

India is poised to become the world's third-largest economy by 2030 with an estimated 7 per cent GDP growth in 2026-27, according to a S&P Global Ratings forecast released on Tuesday.

Barclays Raises India's GDP Growth Estimate | Will Strong GDP Figures Boost Market Confidence?

Barclays Raises India's GDP Growth Estimate | Will Strong GDP Figures Boost Market Confidence?

Fri, Dec 01, 2023

Editors Take | Q2 GDP growth strong, more than expected, Barclays increased India's GDP growth estimate, how much enthusiasm will the GDP figures bring to the market? Will FIIs be attracted towards the market due to GDP growth? Know from AnilSinghvi...

Indian economy expands 7.6% in September quarter

Indian economy expands 7.6% in September quarter

Thu, Nov 30, 2023

The gross domestic product (GDP) expanded by 6.2 per cent in the July-September quarter of 2022-23. India remained the fastest-growing major economy, as China posted a 4.9 per cent growth in July-September 2023.

Second quarter GDP numbers likely to be good, says Economic Affairs Secretary Ajay Seth

Second quarter GDP numbers likely to be good, says Economic Affairs Secretary Ajay Seth

Wed, Nov 29, 2023

The GDP numbers for the second quarter are scheduled to be released on Thursday. The economy grew at 7.8 per cent in the first quarter (April-June) of the current financial year.

'China slows, India grows': S&P pegs 7% GDP growth for India by 2026

'China slows, India grows': S&P pegs 7% GDP growth for India by 2026

Tue, Nov 28, 2023

The US-based rating agency on Monday projected India's GDP to expand at 6.4 per cent in the current fiscal year and in the next. For 2025 it projected growth rate to rise to 6.9 per cent, followed by 7 per cent in 2026.

PM advisor slams gold import habit, says Modi's $5 trillion GDP target would have been met long before

PM advisor slams gold import habit, says Modi's $5 trillion GDP target would have been met long before

Mon, Nov 20, 2023

Mutual fund industry veteran Nilesh Shah, a part-time member of the Economic Advisory Council to the PM (EACPM), said that in the last 21 years, Indians have spent around USD 500 billion on gold imports alone.

GDP growth to dip marginally to 6.3% in 2024; political uncertainty in election year main risk: Report

GDP growth to dip marginally to 6.3% in 2024; political uncertainty in election year main risk: Report

Mon, Nov 20, 2023

The brokerage said risks around the growth outlook are evenly balanced but added that "the main domestic risk" is emanating from political uncertainty, with elections approaching in the April-June quarter of 2024.

Finance ministry says fiscal position remains solid, headline inflation to stay within target

Finance ministry says fiscal position remains solid, headline inflation to stay within target

Tue, Oct 24, 2023

A Reuters poll last month projected India to be the fastest-growing major economy this fiscal year, supported by government spending ahead of next May's general election.

IMF raises India's GDP growth forecast for 2023-24 to 6.3%

IMF raises India's GDP growth forecast for 2023-24 to 6.3%

Tue, Oct 10, 2023

The IMF maintained its forecast for the country's economy for the next financial year at 6.3 per cent.

World Bank estimates Indian economy to grow at 6.3% in FY24; predicts service sector activity to grow at 7.4%

World Bank estimates Indian economy to grow at 6.3% in FY24; predicts service sector activity to grow at 7.4%

Tue, Oct 03, 2023

The bank said that the expected moderation is mainly due to challenging external conditions and waning pent-up demand.

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