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.
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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.
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.
Thu, Aug 31, 2017
Finance Minister Arun Jaitley's views on India's GDP summed up.
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
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.
GDP numbers of first quarter of FY18 will be announced on August 31, analysts believe the growth will be better compared to previous quarter. However, the economy will see some impact of GST implementation.
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.
Wed, Mar 01, 2017
The strong data have also reignited the debate about the credibility as well as the quality of the official GDP data.
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