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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 Governor ZEE BIZ EXCLUSIVE INTERVIEW: Inflation has peaked, rupee better placed than other currencies: Shaktikanta Das tells Anil Singhvi

RBI Governor ZEE BIZ EXCLUSIVE INTERVIEW: Inflation has peaked, rupee better placed than other currencies: Shaktikanta Das tells Anil Singhvi

Fri, Sep 02, 2022

Anil Singhvi-Shaktikanta Das interview: In an exclusive interview with Zee Business Managing Editor Anil Singhvi, Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that inflation has peaked out in India.

India’s GDP grows at 13.5% in Q1FY23 - Key Things To Know

India’s GDP grows at 13.5% in Q1FY23 - Key Things To Know

Wed, Aug 31, 2022

The National Statistical Office has released the data for India's Gross Domestic Product (GDP) growth at 13.5% in April-June quarter on Aug 31.

India may become $5 trillion economy by FY29 only if...: Former RBI Governor D Subbarao

India may become $5 trillion economy by FY29 only if...: Former RBI Governor D Subbarao

Tue, Aug 16, 2022

Subba Rao further said Modi triggered a debate on State subsidies and all political parties are at fault for the situation.

Need to boost manufacturing to create jobs, says Mahindra Group chairman Anand Mahindra

Need to boost manufacturing to create jobs, says Mahindra Group chairman Anand Mahindra

Fri, Aug 05, 2022

Addressing shareholders at the company's 76th annual general meeting here, Mahindra said that there are some gaps that need to be filled in to take full advantage of the opportunities arising out for the country.

India to become $30 trillion economy in next 30 years, no 'rocket science' needed: Piyush Goyal

India to become $30 trillion economy in next 30 years, no 'rocket science' needed: Piyush Goyal

Tue, Jul 26, 2022

Piyush Goyal said that women would play an important role in the growth of India and there is always space for them on the high table.

RBI Monetary Policy: Inflation Projected At 6.7%, GDP Growth Seen At 7.2% This Fiscal

RBI Monetary Policy: Inflation Projected At 6.7%, GDP Growth Seen At 7.2% This Fiscal

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%.

India's GDP grows 8.4% y/y in July-September quarter

India's GDP grows 8.4% y/y in July-September quarter

Tue, Nov 30, 2021

India’s economy grew 8.4% year-on-year in the July-Sept quarter, official data on Tuesday showed.

ADB lowers India's GDP growth projection for this fiscal to 10 pc on COVID disruptions

ADB lowers India's GDP growth projection for this fiscal to 10 pc on COVID disruptions

Wed, Sep 22, 2021

In April, ADB had projected a growth rate of 11 per cent in 2021-22 for India.

Stock markets not bothered by GDP numbers, say experts

Stock markets not bothered by GDP numbers, say experts

Fri, Nov 29, 2019

After GDP numbers were revealed, experts are expecting at least 25bps RBI Repo Rate cut, which is expected to fuel the share market.

Govt may raise Rs 95,000 core via infrastructure bonds to boost GDP

Govt may raise Rs 95,000 core via infrastructure bonds to boost GDP

Wed, Jun 26, 2019

Aiming to propel the economy growth, the government may soon issue infrastructure bonds via special purpose vehicle (SPV), which could help in raising over Rs 95,000 crore or 0.5 percent of GDP.

India's GDP growth rate comes in at 5.8% in Q4FY19 - Here's how various sectors performed

India's GDP growth rate comes in at 5.8% in Q4FY19 - Here's how various sectors performed

Fri, May 31, 2019

India’s Gross Domestic Product (GDP) was logged at 5.8% during the fourth quarter of FY19.

India's GDP growth forecast at 7.1% for FY20: FICCI survey

India's GDP growth forecast at 7.1% for FY20: FICCI survey

Fri, May 31, 2019

The median growth forecast for agriculture and allied activities was pegged at 3 per cent for FY20, while industry and services sectors are expected to grow by 6.9 per cent and 8 per cent, respectively, during the year.

Fitch flags high joblessness, rural distress due to GDP growth deceleration

Fitch flags high joblessness, rural distress due to GDP growth deceleration

Thu, Apr 04, 2019

The agency, which also affirmed the sovereign rating at BBB- with stable outlook, said the Reserve Bank will be on hold for the remainder of 2019 after Thursday's second consecutive 0.25 percent rate cut.

Fitch Ratings cuts India GDP growth forecast for FY20 to 6.8 per cent

Fitch Ratings cuts India GDP growth forecast for FY20 to 6.8 per cent

Fri, Mar 22, 2019

Fitch Ratings cut India's FY19 GDP growth forecast to 7.2 per cent from 7.8 per cent on December 6. The rating agency has also cut growth forecasts for FY20 and FY21 to 7 per cent from 7.3 per cent and 7.1 per cent from 7.3 per cent, respectively.

Nomura sees GDP slowing to 6.6% in H1 on polls,global slowdown

Nomura sees GDP slowing to 6.6% in H1 on polls,global slowdown

Fri, Jan 25, 2019

The brokerage said it estimates that global GDP growth will slow to around 2.8 percent in 2019 from 3.2 percent in 2018, led by a slow down in China and the US and the Euro area moderating towards their long-term trends.

India a $5 tn economy by 2025: This is how to do it?

India a $5 tn economy by 2025: This is how to do it?

Thu, Jan 17, 2019

The report identified specific policy recommendations for the three sectors. For the agri sector, it has suggested encouraging public and private investments to develop infrastructure like cold chains; special attention for north-eastern, eastern and rain-fed states for augmenting scope of access to institutional credit; and rationalisation and targeting of input subsidies towards small and marginal farmers.

India's GDP expected to grow at 7.3 per cent in 2018-19: World Bank

India's GDP expected to grow at 7.3 per cent in 2018-19: World Bank

Wed, Jan 09, 2019

In 2018, the Chinese economy is estimated to have grown by 6.5 per cent as against India's 7.3 per cent. In 2017, China with 6.9 per cent growth was marginally ahead of India's 6.7 per cent, mainly because the slowdown in the Indian economy due to demonetisation and implementation of the Goods and Services Tax (GST), the report said.

Indian economy gets Agriculture, Manufacturing push ahead of general elections to grow at 7.2% in FY19: What CSO data says

Indian economy gets Agriculture, Manufacturing push ahead of general elections to grow at 7.2% in FY19: What CSO data says

Tue, Jan 08, 2019

The latest Central Statistics Office (CSO) data on Indian economy has brought cheers for the Narendra Modi government, which is facing odds on several fronts in the wake of recent debacle in assembly elections.

GDP to grow at 7.4% next fiscal, rupee at 69 per dollar by March 2019: ICICI Bank

GDP to grow at 7.4% next fiscal, rupee at 69 per dollar by March 2019: ICICI Bank

Fri, Dec 21, 2018

ICICI Bank today said it expects the economy to grow at 7.4 per cent in next fiscal year 2019-2020, supported by ongoing recovery in investment growth.

Fitch Ratings lowers India's FY19 growth forecast to 7.2%

Fitch Ratings lowers India's FY19 growth forecast to 7.2%

Fri, Dec 07, 2018

"We have lowered our growth forecasts on weaker-than-expected momentum in the data, higher financing costs and reduced credit availability," the agency said in its Global Economic Outlook for December.

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