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Gross Domestic Product

Market cap of BSE-listed companies touches $5 trillion

Market cap of BSE-listed companies touches $5 trillion

Tue, May 21, 2024

Last week, Sensex jumped about 2,000 points, on a cumulative basis. On Tuesday, i.e., today, Sensex closed a shy lower than its Friday closing at 73,953 points (0.07 per cent lower).

Current Account Deficit expected to reach year's high of 1.2 % of GDP in FY24 third quarter, predicts ratings agency

Current Account Deficit expected to reach year's high of 1.2 % of GDP in FY24 third quarter, predicts ratings agency

Tue, Mar 12, 2024

In 3QFY24, merchandise exports experienced a year-on-year growth of 1.1 per cent, driven by demand from key markets such as the US, the UAE, and the Netherlands.

GDP numbers for FY24 show discrepancies of Rs 2.59 lakh crore: NSO

GDP numbers for FY24 show discrepancies of Rs 2.59 lakh crore: NSO

Sun, Jan 07, 2024

Discrepancies in the statistical GDP data refer to the difference in national income under production method and expenditure method.

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RBI's task gets complicated as analysts lower India's GDP forecast

RBI's task gets complicated as analysts lower India's GDP forecast

Mon, Sep 04, 2017

India's GDP growth came in at 5.7% above market expectation of 6.6% compared to 6.1% in Q4FY17 and 7.9% in Q1FY17.

Demonetisation, GST were not the only reasons for three-year low GDP in Q1FY18

Demonetisation, GST were not the only reasons for three-year low GDP in Q1FY18

Fri, Sep 01, 2017

India's GDP for first quarter of financial year 2017-18 (Q1FY18) came in at 5.7% below market expectation of 6.6%. This has resulted in Indian economy at three-year low.

Five things Arun Jaitley said on India's falling first quarter GDP

Five things Arun Jaitley said on India's falling first quarter GDP

Thu, Aug 31, 2017

Finance Minister Arun Jaitley's views on India's GDP summed up.

Three charts that show what changed India's GDP in Q1 FY18

Three charts that show what changed India's GDP in Q1 FY18

Thu, Aug 31, 2017

Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation on Thursday released the GDP data for Q1 FY18. The growth of the gross domestic product (GDP) slowed in the first quarter of the current financial year to 5.7%. India's GDP stood at 6.1% for January - March 201

GDP grew at 5.7% in first quarter

GDP grew at 5.7% in first quarter

Thu, Aug 31, 2017

In Q4FY17, India's GDP numbers missed estimates and dropped to 6.1%. While Real GDP at constant (2011-12) prices for FY17 is estimated at Rs 121.90 lakh crore showing a growth rate of 7.1% over the year 2015-16 of Rs 113.81 lakh crore, as per CSO.

India seen posting stronger economic growth as shock from cash clampdown fades

India seen posting stronger economic growth as shock from cash clampdown fades

Thu, Aug 31, 2017

Gross domestic product (GDP) is expected to have expanded 6.6 percent in the April-June quarter from a year earlier, according to economists polled by Reuters.

Moody's says G20 GDP growth to exceed 3%, warns of geopolitical risks

Moody's says G20 GDP growth to exceed 3%, warns of geopolitical risks

Wed, Aug 30, 2017

Moody`s Investors Service kept its forecast for G20 economic growth at just over 3 percent for this year and next, but warned of geopolitical risks, U.S. protectionism and spillovers from global monetary tightening and China`s deleveraging measures.

CAD to remain manageable at 1.2% of GDP in FY18: UBS

CAD to remain manageable at 1.2% of GDP in FY18: UBS

Tue, Aug 15, 2017

The bulk of the narrowing in CAD over the past five years has been largely led by lower oil imports and drop in gold imports, UBS report said.

India's economy set to reclaim top spot for growth this year: Poll

India's economy set to reclaim top spot for growth this year: Poll

Wed, Jul 19, 2017

India will reclaim its position as the fastest growing major global economy this year, partly propelled by benefits from a new tax system and bolstered by an expected central bank interest rate cut, a Reuters poll showed.

China second-quarter GDP growth tops forecasts on strong investment, consumption

China second-quarter GDP growth tops forecasts on strong investment, consumption

Mon, Jul 17, 2017

China`s economy grew faster than expected in the second quarter as industrial output and consumption picked up and investment remained strong, though analysts expect slower growth over the rest of the year as policymakers seek to reduce financial risk.

Asia shares rise on accommodative Fed, China stocks narrow losses on strong GDP

Asia shares rise on accommodative Fed, China stocks narrow losses on strong GDP

Mon, Jul 17, 2017

Asian stocks mostly rose on Monday, spurred by record high closes for the Dow and S&P 500 on bets that the Federal Reserve`s policy will remain accommodative following lacklustre U.S. data, which sent the dollar reeling to a 10-month low.

India's GDP to grow at 7.4%-7.6% in the next two fiscals, Fitch Ratings says

India's GDP to grow at 7.4%-7.6% in the next two fiscals, Fitch Ratings says

Tue, Jun 20, 2017

Gross Domestic Product (GDP) or India's economic growth is expected to rise by 7.4% and 7.6% in the next two fiscal years, Fitch Ratings said on Tuesday in its Global Economic Outlook report.

Beauty, personal care market to touch $10 billion by 2021: IBHA

Beauty, personal care market to touch $10 billion by 2021: IBHA

Sun, Jun 11, 2017

Beauty and personal care (BPC) market in the country is expected to touch USD 10 billion by 2021 growing at an annual rate of 5-6 per cent on the back of evolving consumer awareness and aspirations, according to a report by IBHA.

Nifty is predicted to triple in next 5 years & Sensex to hit 34,000 by June'18, says Morgan Stanley's MD Ridham Desai

Nifty is predicted to triple in next 5 years & Sensex to hit 34,000 by June'18, says Morgan Stanley's MD Ridham Desai

Tue, Jun 06, 2017

Morgan Stanley MD Ridham Desai has projected NSE index Nifty to triple in next five years as the profit share to GDP is close to all-time low and factors like consumption, real wages, exports,among others are likely to push it further.

Growing middle class, GDP helps India top list of developing countries for retail investment

Growing middle class, GDP helps India top list of developing countries for retail investment

Mon, Jun 05, 2017

A.T. Kearney’s Global Retail Development Index has named India as the top market for retail investment. The country has managed to gain this position on the back of its growing middle class and GDP. The GRDI ranks the top 30 developing countries for retail investment worldwide.

India GDP growth to remain flat at 7.1% in FY18: HSBC

India GDP growth to remain flat at 7.1% in FY18: HSBC

Sun, Jun 04, 2017

India's economic growth is expected to remain flat at 7.1 % in current fiscal as investment is still weak and government spending might not be as high given the fiscal consolidation, says an HSBC report.

India's slower GDP nasty surprise, self-goal: Chinese media

India's slower GDP nasty surprise, self-goal: Chinese media

Fri, Jun 02, 2017

A state-run Chinese daily said today that India has suffered a setback and a "nasty surprise" in the "elephant versus dragon" race as its GDP growth slowed down in the January-April quarter helping China re-emerge as the fastest growing major economy.

What will India's FY18 GDP growth look like?

What will India's FY18 GDP growth look like?

Fri, Jun 02, 2017

Demonetisation may have impacted India's GDP growth for the fourth quarter ended March 31, 2017 but its effects may not be over so soon.

Rupee strengthens by 14 paise against dollar in early trade

Rupee strengthens by 14 paise against dollar in early trade

Fri, Jun 02, 2017

The rupee strengthened by 14 paise to 64.34 against the US dollar in early trade on Friday on back of sustained selling of the American currency by banks and exporters.

GDP disappointed, will GST be a surprise for Indian economy?

GDP disappointed, will GST be a surprise for Indian economy?

Thu, Jun 01, 2017

Ministry of Statistics & Programme Implementation on Wednesday released India's Gross Domestic Product (GDP) numbers for the quarter January-March 12017. It said that India's GDP for the fourth quarter stood at 6.1%. And, for the full financial year, GDP stood at 7.1%.

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