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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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India's GDP growth in Q2 slows down to 7.1 pct from 8.2 pct in Q1

India's GDP growth in Q2 slows down to 7.1 pct from 8.2 pct in Q1

Fri, Nov 30, 2018

India`s $2.6 trillion economy, Asia`s third largest, grew 6.3 percent in the July-September quarter of 2017, the data released by the statistics ministry showed.

GDP growth in India may ease to 7.2% in July-Sept on sluggish economy: Icra

GDP growth in India may ease to 7.2% in July-Sept on sluggish economy: Icra

Wed, Nov 21, 2018

The dip in the growth number will be largely on account of a pull down from industry where growth is expected to slow down to 7.1 per cent in the September quarter as compared to 10.3 per cent in June and the farm sector, which may slow down to 3.5 per cent from 5.3 per cent, domestic rating agency Icra said in a report.

Economy at $5 tn? PM Modi sets mission impossible target?

Economy at $5 tn? PM Modi sets mission impossible target?

Fri, Sep 28, 2018

Though the Indian economy clocked an 8.2% GDP growth in the first quarter of this fiscal, many economists have forecast a slowdown in the second of half of this year in the wake of the global slowdown, trade war, strained fiscal and current account deficits, falling rupee and inflationary pressure.

Stock markets in overvalued territory; 5 macro risks escalating: Ambit Capital

Stock markets in overvalued territory; 5 macro risks escalating: Ambit Capital

Tue, Aug 28, 2018

"Even as the Sensex's valuations clearly seem to be benefitting from record investor optimism, it is worth noting that with the exception of India's GDP growth, several macro variables are precariously poised," Ambit Capital said in a research note.

India is world's 6th largest economy; this is whom it beat

India is world's 6th largest economy; this is whom it beat

Thu, Jul 12, 2018

Good news! World Bank data says India has emerged as the world's 6th largest economy and that too in 2017, beating France and likely to go past the United Kingdom, which is at the fifth position right now. Let us look at other facts based on an analysis of data compiled by the World Bank.

Arun Jaitley lauds GDP growth at 7.7 pct, says job creation is on track

Arun Jaitley lauds GDP growth at 7.7 pct, says job creation is on track

Mon, Jun 18, 2018

"The fourth quarter result of GDP data showed a phenomenal 7.7 per cent growth rate and has established India firmly as the fastest growing global economy. This trend, according to experts, is likely to continue for the next few years, he wrote.

India will achieve 10% GDP growth by Q4 of fiscal: Piyush Goyal

India will achieve 10% GDP growth by Q4 of fiscal: Piyush Goyal

Mon, Jun 18, 2018

"I see double digit growth happening by the fourth quarter of this year. There is a demand optic in the country and this growth will be driven by a society that has become very aspirational," he said.

After 7.7% Q4 GDP jump, Centre retains 7.5% FY19 growth projection; here is why

After 7.7% Q4 GDP jump, Centre retains 7.5% FY19 growth projection; here is why

Thu, May 31, 2018

Saying that the GDP data indicated a turnaround in manufacturing and construction activity, Economic Affairs Secretary Subhash Chandra Garg told reporters, "I don't think we are revising our forecast for the current year 2018-19 which was indicated at 7.5 per cent. We retain it at this moment at this level. There has been some downward revision by Moody's and others taking oil prices into consideration, but there is no one to one relation between oil price and GDP growth."

Q4 GDP growth jumps 7.7%: From per capita income to agri, check out 10 key takeaways

Q4 GDP growth jumps 7.7%: From per capita income to agri, check out 10 key takeaways

Thu, May 31, 2018

"GDP at 2011-12 prices in the fourth quarter (Q4) of financial year 2017-18 registered growth rate of 7.7 per cent as against 5.6 per cent , 6.3 per cent and 7 per cent respectively, in the first three quarters, Q1, Q2 and Q3 of 2017-18. Rapid growth in agriculture (4.5 per cent), manufacturing (9.1 per cent) and construction sectors (11.5 per cent) contributed to the overall growth," the statement by Ministry of Statistics and Programme Implementation said.

What moved your economy: Check out Q4 GDP growth highlights

What moved your economy: Check out Q4 GDP growth highlights

Thu, May 31, 2018

GDP at 2011-12 prices in the fourth quarter (Q4) of financial year 2017-18 registered growth rate of 7.7 per cent as against 5.6 percent, 6.3 percent and 7.0 percent respectively, in the first three quarters, Q1, Q2 and Q3 of 2017-18.

Bangladesh likely to top India's per capita income by 2020

Bangladesh likely to top India's per capita income by 2020

Mon, May 28, 2018

In terms of economic growth and on social development indicators, Bangladesh has gone ahead of India. Bangladesh’s gross domestic product (at current prices) in dollar terms grew at a compounded annual rate (CAGR) of 12.9 per cent, more than twice of India's 5.6 per cent in the three years ending 2016.

Why Raghuram Rajan did not join Twitter revealed; find out

Why Raghuram Rajan did not join Twitter revealed; find out

Fri, Mar 23, 2018

Renowned economist Raghuram Rajan today said he has not joined microblogging site Twitter as he was not quick to respond to tweets in a few words in 30 seconds. "I don't have time. My sense is that in many of these things, once you start engaging, you have to be consistent..

Raghuram Rajan: India does not have jobs to lose

Raghuram Rajan: India does not have jobs to lose

Fri, Mar 23, 2018

Raghuram Rajan said that driverless cars will become a reality in future, but people need to be reassured about their viability. Machines will reduce dependence on doctors, he said, but added that humans are still cheaper to programme than a robot.

India GDP growth forecast: World Bank says 8 pct acceleration possible, but there is a catch

India GDP growth forecast: World Bank says 8 pct acceleration possible, but there is a catch

Wed, Mar 14, 2018

India GDP growth forecast: India's economic growth had slipped to a three year low of 5.7 per cent in April-June quarter of the current fiscal, though it recovered in the subsequent quarters. The economy is expected to grow at 6.6 per cent in the current fiscal ending March 31, as per the second advanced estimates of the Central Statistics Office (CSO), compared to 7.1 per cent in 2016-17. The earlier estimate was 6.5 per cent.

Economic growth in India at 8-9% over 20 yrs can solve social issues: Rangarajan

Economic growth in India at 8-9% over 20 yrs can solve social issues: Rangarajan

Tue, Mar 06, 2018

Economic growth: According to Rangarajan, in the industrialised world growth happened first, followed by provision of social safety nets. "But, that is not possible in the 21st century. It is not possible to say let's grow and then we will take care of the other things. We need to combine growth with the need to take care of the vulnerable and the disadvantaged," he said.

Sensex live today: Index slips in red on negative global cues; ICICI Bank top loser

Thu, Mar 01, 2018

Sensex today: The benchmark indices on Thursday pared initial gains to slip in red with the Nifty50 dipping below its crucial 10,500 level, tracking negative trend in Asian markets, which fell after Wall Street marked its worst monthly performance in two years as the impact from new Federal Reser

India on the cusp of explosive growth: Gautam Adani

India on the cusp of explosive growth: Gautam Adani

Sat, Feb 03, 2018

Adani said over the past few years, the Narendra Modi government has introduced "game changing" policies which will drive foundational changes across India

Growth rate will depend on range of factors: CEA Arvind Subramanian

Growth rate will depend on range of factors: CEA Arvind Subramanian

Tue, Jan 30, 2018

If oil prices rise it can affect growth next year, as it has direct bearing on GST growth and inflation

GDP growth not justifiable unless benefits reach farmers: FM

GDP growth not justifiable unless benefits reach farmers: FM

Sun, Jan 14, 2018

Ahead of the Budget, Finance Minister Arun Jaitley today said the agriculture sector is the top priority for the government because the country's economic growth is not "justifiable and equitable" unless the benefits are "clear and evident" in the farm sector.

Markets may go up as WB report suggests uptick in macro environment

Markets may go up as WB report suggests uptick in macro environment

Wed, Jan 10, 2018

The markets is now consolidating and it should move up in the near term and long term

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