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India GDP data

India GDP growth at 7.8% in Q4, better than economists' expectations; FY242 expansion at 8.2%

India GDP growth at 7.8% in Q4, better than economists' expectations; FY242 expansion at 8.2%

Fri, May 31, 2024

India's gross domestic product (GDP) expanded 7.8 per cent in the January-March period, beating economists' expectations. The quarterly and yearly GDP readings come days ahead of the much-anticipated outcome of a mega, six-week-long polling exercise to elect a new administration for the world's largest democracy.

Stock Market HIGHLIGHTS: Sensex ends 449 pts higher, Nifty reclaims 17,450 as bulls return to D-Street after eight days

Wed, Mar 01, 2023

Stock Market HIGHLIGHTS: Indian equity benchmarks Sensex and Nifty50 finished higher on Wednesday, shrugging off weakness across global markets as fears persisted among investors about higher-for-longer benchmark interest rates. Gains across sectors pushed the headline indices higher, with financial, IT, metal and oil & gas shares being the biggest boosts. Official GDP data released on Tuesday showed India's economic growth slowed to 4.4 per cent in October-December 2022 but stood in tandem with RBI estimates. A majority of auto shares rose as the likes of Maruti Suzuki, Tata Motors, TVS and Mahindra & Mahindra reported their monthly sales numbers.

India's Q3 GDP slows down to 4.4% on contraction in manufacturing; FY23 economic growth pegged at 7%

India's Q3 GDP slows down to 4.4% on contraction in manufacturing; FY23 economic growth pegged at 7%

Tue, Feb 28, 2023

This is the second time in a row, the GDP has gone down. The rate stood at 6.3% in the July-September quarter.

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India's GDP growth slows down to 4.4% in December quarter

India's GDP growth slows down to 4.4% in December quarter

Tue, Feb 28, 2023

India’s GDP expanded at an annual 4.4 per cent in the October-December period, in line with an RBI estimate, according to official data released on Tuesday. The GDP growth has slowed down sequentially for a second straight time.

Investors lose Rs 10.6 lakh crore in eight days as Sensex, Nifty50 continue to fall ahead of GDP data

Investors lose Rs 10.6 lakh crore in eight days as Sensex, Nifty50 continue to fall ahead of GDP data

Tue, Feb 28, 2023

The Sensex and the Nifty50 finished lower for the eighth session in a row on Tuesday. Investors lost Rs 10.5 lakh crore in wealth since February 16 as the market capitalisation of BSE-listed companies reduced to Rs 257.8 lakh crore, according to provisional exchange data.

India GDP data today: Economic growth likely to have slowed to 4.6% in December quarter

India GDP data today: Economic growth likely to have slowed to 4.6% in December quarter

Tue, Feb 28, 2023

India GDP growth rate: An official reading of changes in the country's GDP in the quarter ended December 2022 is due later on Tuesday, February 28. According to Zee Business research, the economy is likely to have expanded 4.6 per cent in the period — the third quarter of the current financial year.

Stock Market HIGHLIGHTS: Sensex ends 522 pts below day's high, Nifty50 near 17,300 ahead of GDP data

Tue, Feb 28, 2023

Stock Market HIGHLIGHTS: Indian equity benchmarks Sensex and Nifty50 extended losses to the eighth session in a row on Tuesday amid cautious gains across global markets as investors continue to fret over the possibility of aggressive hikes in interest rates and their impact on growth. Investors await key data on India's GDP due later in the day for domestic cues.

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 GDP Data: Manufacturing sector driving the growth, takes front seat in Q4 FY21

India GDP Data: Manufacturing sector driving the growth, takes front seat in Q4 FY21

Tue, Jun 01, 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.

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.

India's GDP at 7.2% in Q3FY18; second advance estimate stands at 6.6% for FY18

India's GDP at 7.2% in Q3FY18; second advance estimate stands at 6.6% for FY18

Wed, Feb 28, 2018

GDP at constant (2011-12) prices in Q3 of 2017-18 is estimated at Rs 32.50 lakh crore, as against Rs 30.32 lakh crore in Q3 of 2016-17, showing a growth rate of 7.2%.

First revised GDP estimates of FY15, FY16 and FY17 to be released today

First revised GDP estimates of FY15, FY16 and FY17 to be released today

Wed, Jan 31, 2018

Based on these estimate, then accordingly the CSO will revise further the GDP and GVA estimate for FY18 as second advance estimate on February 2018.

IMF's 7.4% growth forecast for India in FY19 a boost to Modi govt

IMF's 7.4% growth forecast for India in FY19 a boost to Modi govt

Tue, Jan 23, 2018

IMF in its World Economic Outlook update, January 2018, said that India will grow 7.4% and 7.8% in FY19 and FY20, respectively.

Indian economy's four-year low data surprise experts, analysts

Indian economy's four-year low data surprise experts, analysts

Mon, Jan 08, 2018

GDP numbers stood at 6.3% in the second quarter of FY18 (Q2FY18) from 5.7% in the preceding quarter.

India's GDP growth: Economists cut their forecasts

India's GDP growth: Economists cut their forecasts

Tue, Dec 05, 2017

Fitch alone is not disappointed by the country's current growth rate, CRISIL too has projected India's GDP at 6.8% with downside bias from previous 7% for FY18.

GDP data fails to cheer markets; Sensex, Nifty50 slump over 2%

GDP data fails to cheer markets; Sensex, Nifty50 slump over 2%

Sat, Dec 02, 2017

According to market observers, upbeat gross domestic product (GDP) growth data for the second quarter of 2017-18 failed to cheer the equity markets as investors remained cautious ahead of major events in the upcoming week.

GST has made made trade easier, expanded market for business: Jaitley

GST has made made trade easier, expanded market for business: Jaitley

Sat, Dec 02, 2017

Referring to the GDP growth rising to 6.3 percent afer a five quarter slump, he said it shows that structural reforms benefit in the medium and long term.

Will India's GDP reverse course in Q2FY18?

Will India's GDP reverse course in Q2FY18?

Wed, Nov 29, 2017

Niti Aayog's Vice-Chairman Rajiv Kumar earlier expressed his confidence stating that India's economic growth in Q2FY18 is expected to soar between 7% and 7.5%. Considering an economist's forecast, this number was a higher projection.

India's GVA growth can inch up to 6.3% in Q2FY18

India's GVA growth can inch up to 6.3% in Q2FY18

Tue, Nov 21, 2017

"We expect GVA growth at basic prices to record a sequential recovery to 6.3% in the second quarter from 5.6% in the first quarter, led by a broad-based pick up in industrial growth, even as agriculture, forestry and fishing and services are likely to moderate," rating agency Icra said in a report today.

From GST to bank reforms, here's what Arvind Subramanian said about Indian economy

From GST to bank reforms, here's what Arvind Subramanian said about Indian economy

Tue, Nov 21, 2017

Talking on list of factors in regards to Indian economy, the CEA Arvind Subramanian laid out various measures which the government can adapt for the country's long term prosperity.

India GDP: IMF's forecast not surprising; problems way beyond demonetisation, GST

India GDP: IMF's forecast not surprising; problems way beyond demonetisation, GST

Thu, Oct 12, 2017

IMF and many economists have forecasted India's GDP growth to range between 6.5% to below 7% for fiscal year 2017-18 (FY18)

India loses fastest growing economy rank; IMF slashes 2017 growth rate by 0.5 % to 6.7%

India loses fastest growing economy rank; IMF slashes 2017 growth rate by 0.5 % to 6.7%

Tue, Oct 10, 2017

But according to the report, it is only a temporary setback for India, and it projected India to regain the top spot next year with a 7.4% growth rate for the gross domestic product (GDP) even though that estimate was also down from the 7.7% made in July.

Focus on infra, power and exports to boost GDP growth, says Rajan

Focus on infra, power and exports to boost GDP growth, says Rajan

Fri, Sep 08, 2017

For the quarter ended June, India's GDP growth slumped to a three-year low of 5.7 per cent -- lagging China for the second straight quarter -- as manufacturing slowed ahead of the GST launch amid the lingering effect of demonetisation.

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