Tue, Jan 31, 2023
Economic Survey 2023: India will remain the fastest-growing major economy in the world, highlighted the Finance Minister while presenting the economic survey.
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Wed, Nov 30, 2022
India GDP Data Release: The Reserve Bank of India (RBI) in its report had estimated the real GDP growth at 7 per cent in 2022-23 and 6.3 per cent in Q2. RBI also expects the GDP growth at 4.6 per cent in each Q3 and Q4 – with risks broadly balanced around this baseline path.
Tue, Nov 30, 2021
S&P Global Ratings on Tuesday kept India's economic growth forecast in the fiscal year to March 2022 unchanged at 9.5 per cent but raised its predictions for the subsequent year on broadening out of the recovery.
Mon, Jan 08, 2018
GDP numbers stood at 6.3% in the second quarter of FY18 (Q2FY18) from 5.7% in the preceding quarter.
Thu, Aug 31, 2017
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.
Thu, Mar 02, 2017
Teresa John of Nirmal Bang in a report said, “Our earlier estimates had assumed no significant difference between GVA and GDP as both had exhibited a converging trend in the earlier quarters. However, the CSO believes that higher indirect tax collection and lower subsidies have pushed up the indirect tax component of GDP, resulting in divergence between GVA and GDP. “
What is hard to believe in the given GDP numbers was the performance of cash-dominated sectors where analysts expected a significant slowdown post demonetisation, but has seen uptick compared to Q2FY17.
Wed, Mar 01, 2017
State Bank of India (SBI) in its report said, “The Q3FY17 estimates are crucial in the sense that it should have given the impact of what happened in the economy during those two months of demonetisation.”
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