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GDP

Healthcare expenditure in India less than 2 per cent of GDP, says Ex-RBI Governor C Rangarajan

Healthcare expenditure in India less than 2 per cent of GDP, says Ex-RBI Governor C Rangarajan

Fri, Nov 15, 2024

India's healthcare expenditure is currently less than 2 per cent of its GDP, and the government must urgently increase it, former Reserve Bank governor C Rangarajan said on Friday.

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025

Tue, Oct 22, 2024

India's GDP growth is likely to moderate from 8.2 per cent in 2023 to 7 per cent in 2024 and 6.5 per cent in 2025 because the pent-up demand accumulated during Covid has exhausted, as the economy reconnects with its potential, the International Monetary Fund (IMF) said on Tuesday.

India's logistics cost will come down to 9% of GDP in next two years: Nitin Gadkari

India's logistics cost will come down to 9% of GDP in next two years: Nitin Gadkari

Thu, Oct 17, 2024

Union Road Transport and Highways Minister Nitin Gadkari on Thursday said India's logistics cost will come down to 9 per cent of GDP within the next two years as the ministry is constructing several highways and expressways.

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Whopping $463 billion! Ahead of LIC IPO, assets of insurance behemoth exceed the GDP of several economies

Whopping $463 billion! Ahead of LIC IPO, assets of insurance behemoth exceed the GDP of several economies

Tue, Jan 04, 2022

LIC is the largest asset manager in India with Rs 36.7 trillion AUM. LIC's AUM on a standalone basis was equal to 18 per cent of India's GDP for FY21.

RBI Monetary Policy December 2021: Key announcements by Governor Shaktikanta Das - GDP, Inflation, Repo Rate, IPO UPI payments and more

RBI Monetary Policy December 2021: Key announcements by Governor Shaktikanta Das - GDP, Inflation, Repo Rate, IPO UPI payments and more

Wed, Dec 08, 2021

- RBI mulls to launch UPI-based payment products for feature phone users, Governor Shaktikanta Das says.

Double-digit growth likely this year; fiscal deficit target to be met, says CEA

Double-digit growth likely this year; fiscal deficit target to be met, says CEA

Tue, Nov 30, 2021

Chief Economic Adviser (CEA) K V Subramanian on Tuesday exuded confidence that India would achieve double-digit growth in the current financial year on the back of policy initiatives and continuing reforms

India’s Q2FY22 GDP: 8.4% YoY growth reported - Key things to know

India’s Q2FY22 GDP: 8.4% YoY growth reported - Key things to know

Tue, Nov 30, 2021

India reported an 8.4 per cent growth in its Gros Domestic Product (GDP) for July-September 2021 quarter which is estimated at Rs 35.73 lakh crore at Constant (2011-12) versus 32.97 lakh crore during the corresponding period in FY21 according to a data released by the NSO on Tuesday

India's Q2FY22 GDP growth likely at 7.8-9.6% YoY on demand improvement, service sector rebound, vaccination: Reports

India's Q2FY22 GDP growth likely at 7.8-9.6% YoY on demand improvement, service sector rebound, vaccination: Reports

Tue, Nov 30, 2021

While Barclays forecasts the GDP expansion at 9.6% YoY in Q3CY21 (July-September or Q2 of fiscal year 2021-22) aided by a strong rebound in service sector, HDFC Bank estimated the July-September GDP growth at 7.8% y-o-y. SBI forecasts GDP growth for Q2 FY22 to be around 8.1%

GDP seen growing at 8.3% in September-end quarter, 9.4% in FY22: Report

GDP seen growing at 8.3% in September-end quarter, 9.4% in FY22: Report

Mon, Nov 29, 2021

India Ratings expects the economy to grow 8.3 per cent in Q2 and close the year with 9.4 per cent in FY'22.

Indian GDP to grow 7.8% in Q2, 9.4% in FY22: HDFC Bank Report

Indian GDP to grow 7.8% in Q2, 9.4% in FY22: HDFC Bank Report

Wed, Nov 24, 2021

Real GDP will grow 9.4 per cent in FY22 and decelerate to 7.5 per cent for FY23 as the base effects result in the higher growth in the ongoing fiscal wear-off, according to the report by economists at HDFC Bank released on Wednesday

Q3 GDP Preview: Economy to record double-digit growth (10% y/y) in FY2021-22, anticipates Barclays India

Q3 GDP Preview: Economy to record double-digit growth (10% y/y) in FY2021-22, anticipates Barclays India

Tue, Nov 23, 2021

Barclays India says, "We anticipate the economy will record double-digit growth (10% y/y) in FY2021-22."

India's GDP likely to grow 8.1% in Q2 FY22: SBI research report

India's GDP likely to grow 8.1% in Q2 FY22: SBI research report

Mon, Nov 22, 2021

The projected 8.1 per cent growth rate in Q2 FY22 is the highest growth across all economies, it said.

India's GDP to rise by USD 406 bn by 2050 in net-zero scenario; aims to create 43 mn jobs

India's GDP to rise by USD 406 bn by 2050 in net-zero scenario; aims to create 43 mn jobs

Thu, Nov 11, 2021

At the 2021 Climate Change Conference, also known as COP26, Prime Minister Narendra Modi outlined a net-zero emissions target by 2070 for India.

Strong GDP growth expected in coming quarters: PHDCCI

Strong GDP growth expected in coming quarters: PHDCCI

Sun, Oct 24, 2021

Out of the 12 lead economic and business indicators of QET (Quick Economic Trends), tracked by the industry body, nine have shown an uptick in the sequential growth for the month of September 2021 as compared to six showing the uptrend in August 2021

Indian economy expected to grow 10.5% or higher in FY22: Niti Aayog Vice Chairman Rajiv Kumar

Indian economy expected to grow 10.5% or higher in FY22: Niti Aayog Vice Chairman Rajiv Kumar

Thu, Oct 21, 2021

"India Purchasing Managers' Index (PMI) for both manufacturing and services have shown a very smart uptick last month. This (Indian economy) will strengthen even further," he said.

Moody's upgrades banking system outlook to 'stable'; economic recovery likely to drive credit growth

Moody's upgrades banking system outlook to 'stable'; economic recovery likely to drive credit growth

Tue, Oct 19, 2021

"The pick-up in economic activity will drive credit growth, which we expect to be 10-13 per cent annually. Weak corporate financials and funding constraints at finance companies have been key negative factors for banks but these risks have receded," Moody's said in its 'Banking system outlook - India' report

Fitch cuts India's FY22 GDP growth forecast to 8.7%

Fitch cuts India's FY22 GDP growth forecast to 8.7%

Thu, Oct 07, 2021

Fitch Ratings has cut India's economic growth forecast to 8.7 per cent for the current fiscal but raised GDP growth projection for FY23 to 10 per cent.

Moody's affirms India's sovereign rating, upgrades outlook to 'stable' from 'negative'

Moody's affirms India's sovereign rating, upgrades outlook to 'stable' from 'negative'

Tue, Oct 05, 2021

Ratings agency Moody's on Tuesday affirmed India's sovereign rating and upgraded the country's outlook to 'stable' from 'negative', citing receding downside risks to the economy and financial system. The sovereign rating by Moody's stands at 'Baa3' -- which is the lowest investment grade, just a notch above junk status

RBI optimistic about 9.5 pc GDP growth estimate for FY22 being met: RBI Governor Shaktikanta Das

RBI optimistic about 9.5 pc GDP growth estimate for FY22 being met: RBI Governor Shaktikanta Das

Thu, Sep 09, 2021

RBI Governor Shaktikanta Das on Thursday said many fast indicators are showing an uptick in economic activity and the Reserve Bank is quite optimistic about its 9.5 per cent GDP growth estimate for FY2021-22 at present.

India to post strong GDP growth in coming quarters: S&P

India to post strong GDP growth in coming quarters: S&P

Wed, Sep 08, 2021

The economy is expected to clock 9.5 per cent growth in the current fiscal year, followed by 7 per cent expansion in the next year

India's GDP grows 20.1 pc in April-June

India's GDP grows 20.1 pc in April-June

Tue, Aug 31, 2021

The GDP had contracted by 24.4 per cent in the corresponding April-June quarter of 2020-21, according to data released by the National Statistical Office (NSO).

Growth Data: India's GDP grows 1.6 pc in Jan-Mar! Check key details from the OFFICIAL statement of NSO

Growth Data: India's GDP grows 1.6 pc in Jan-Mar! Check key details from the OFFICIAL statement of NSO

Mon, May 31, 2021

India GDP Growth Rate: India's economy grew by 1.6 per cent in the fourth quarter of 2020-21, restricting the full-year contraction to 7.3 per cent, official data showed on Monday.

Budget in a Minute: What is 80C and 24B? Anil Singhvi explains how to save money through income tax exemptions on home loans!

Budget in a Minute: What is 80C and 24B? Anil Singhvi explains how to save money through income tax exemptions on home loans!

Wed, Jan 27, 2021

We all have a dream to have our own house whether you buy it or construct it. Even the government wants you to have your own house. This is why there are a lot of income tax returns exemptions provided. Every Union Budget brings some changes with respect to these income tax returns exemptions. One of the most important sections is the Section 80C of the Income Tax Act

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