GDP growth

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.

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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.

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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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GDP growth will become more robust in 2018-19: Dr Rajiv Kumar

Fri, Jan 05, 2018

Reacting on the growth estimates released today, the Vice Chairman of NITI Aayog said that the second half GDP growth in 2017-18 has risen to 7% bringing the annual growth rate to 6.5%. 

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India's FY18 GDP growth estimated at 6.5%, says CSO data

Fri, Jan 05, 2018

Anticipated growth of real GVA at basic prices in 2017-18 is 6.1 percent as against 6.6 percent in 2016-17, said the CSO report.

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India's medium-term growth potential highest among emerging markets: Fitch

Thu, Jan 04, 2018

Key highlights:

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India economy went through challenging phases in 2017: CARE Ratings

Fri, Dec 29, 2017

For the first half of the year, growth has come in lower at 6% compared with 7.7% in H1-FY17. There was only one sector, trade, transport, hotels etc, which registered higher growth in H1-FY18 at 10.5% compared with 8.3% last year, the rating agency said.

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India's GDP growth to be around 7.5% in 2018: Nomura report

Mon, Dec 25, 2017

The  Nomura report noted that a tightening of monetary policy is likely owing to inflationary pressures and higher oil prices.

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FinMin shows strong macro-economic fundamentals, reforms for sustained growth in 2017

Mon, Dec 18, 2017

Union Finance Ministry on Monday released its year end review showing strong macro-economic fundamentals and reforms for sustained growth for the year 2017-18. 

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India growth to normalise in next four to six quarters, says Standard Chartered

Thu, Dec 14, 2017

The report said that economic growth has bottomed out after slowing to a 13-quarter low of 5.7% in April-June 2017, but predicted growth recovering further to 7% over the next few quarters (6.3% in July-September 2017), supported by several factors.

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Moody's outlook for Indian corporate sectors stable; Telecom gets negative rating

Thu, Dec 14, 2017

Telecom sector of India received a negative outlook from the Moody's Investors Service, which said that intense competition and heavy debt loads continue to pressure cash flows, ultimately driving consolidation activity towards a three player market.  

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ADB lowers India's 2017 growth outlook to 6.7%

Wed, Dec 13, 2017

The recovery in the Indian economy "is more subdued than assumed earlier due to rising crude oil prices, soft private investment growth, and weather-related risks to agriculture," the ADB said.  

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India's growth rate to accelerate to 7.2% in 2018, 7.4% in 2019: UN

Tue, Dec 12, 2017

The report warned that for India "the anaemic performance of private investment remains a key macroeconomic concern." "Gross fixed capital formation as a share of GDP has declined from about 40 per cent in 2010 to less than 30 per cent in 2017," the report said. 

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India's GDP growth to rise to 7.5% in 2018: Morgan Stanley

Fri, Dec 08, 2017

The global brokerage is confident about prospects for a recovery in private capital spending as demand conditions are improving post demonetisation and GST implementation.

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GDP growth in FY'19 likely to see marginal pick up at 7.2%: BofA-ML

Wed, Dec 06, 2017

The country's economic growth is expected to continue with a "shallow recovery" next year, and is likely to inch up to 7.2 per cent in 2018-19 from an estimated 6.5 per cent in the current fiscal, says a report.

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Fitch Ratings cut India's FY18 GDP growth forecast to 6.7%, says rebound weaker than expected

Mon, Dec 04, 2017

The US-based ratings agency said growth has "repeatedly disappointed" in recent quarters, partly because of one-off factors including the demonetisation programme of November 2016 and disruptions related to the implementation of the Goods and Services Tax (GST) in July 2017.

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Sensex shrugs off GDP rebound, sinks 316 points

Fri, Dec 01, 2017

The 30-share benchmark, after scaling a high of 33,300.81 in early deals, slipped into the negative zone to touch 32,797.78, before settling at 32,832.94, down 316.41 points, or 0.95 per cent. This was its weakest closing since November 15, when it had finished at 32,760.44

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Growth policies being drawn up for each sector: Suresh Prabhu

Fri, Dec 01, 2017

The government is working towards drawing up policies for various sectors of the Indian economy to be able to increase their business that would, in aggregate, result in higher GDP growth, Commerce Minister Suresh Prabhu said on Friday.

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Growth in manufacturing, trade and transport helped GDP data: Care

Fri, Dec 01, 2017

The Care Ratings said "Manufacturing would continue to do well due to GST tax concessions which will help demand as well as the restocking process which should pick up."

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Sensex recovers 140 points on positive GDP data

Fri, Dec 01, 2017

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Rise in Q2 GDP signals economic recovery: India Inc

Fri, Dec 01, 2017

India Inc. on Thursday said the rise in the second quarter (Q2) GDP numbers showed signs of economic recovery. "Growth numbers are in sync with the expectations and re-affirm that signs of recovery are in sight," said Pankaj Patel, President of Ficci.

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Positive GDP data another boost for Modi govt

Thu, Nov 30, 2017

Today's development seems to show that Indian economy is shaking off the effects of demonetisation and GST rollout after witnessing a low growth of 5.7% in the June quarter

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India's economic growth may rebound as demonetisation, GST impact fades

Thu, Nov 30, 2017

Finance Minister Arun Jaitley said that India has standardised itself for a 7-8 per cent growth rate on the back of improving macroeconomic fundamentals.

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