Sat, Nov 30, 2024
India's Gross Domestic Product (GDP) is expected to fall below 6.5 per cent for the current financial year 2025, as GDP growth in the second quarter (Q2 FY25) slowed to 5.4 per cent, according to a report by the State Bank of India (SBI).
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Mon, Nov 25, 2024
The report highlighted that India's stock market has been another cornerstone of economic strength, delivering positive returns in 26 of the past 33 years despite periodic downturns.
Wed, Nov 20, 2024
Domestic rating agency Icra on Wednesday said India's real GDP growth for the September quarter is likely to decline to 6.5 per cent due to heavy rains and weaker corporate performance.
Fri, Dec 24, 2021
Warning that the new year will be riskier than the previous two in terms of growth, inflation and the perils of monetary policy normalisation on consumption demand in particular, along with other external risks, a Wall Street brokerage has pencilled in an 8.2 per cent GDP growth next fiscal.
Tue, Oct 05, 2021
According to industry experts, with the increasing focus of the government on domestic manufacturing of electronics components, the electronics sector will see its contribution to GDP almost double in the next few years.
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).
Thu, Aug 26, 2021
Indian economic growth likely touched a record high in the quarter through June, reflecting a very weak base last year and a rebound in consumer spending, a Reuters poll found.
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.
Fri, Nov 20, 2020
The SBI Ecowrap research report from the State Bank of India’s Economic Research Department has revealed that positive events improve India’s Q2 GDP projections
Thu, Jul 04, 2019
Post Economic Survey announcement, experts believe a few measures can actually help achieve this target, and one can expect certain announcements tomorrow during the presentation of Budget 2019.
Thu, Jun 06, 2019
In the latest Monetary Policy released Thursday, Reserve Bank of India has revised the GDP estimate for GY 2019-20.
Sat, Jun 01, 2019
India’s economic growth rate slowed to five-year low of 5.8% in January-March 2018-19, due to poor performance in agriculture and manufacturing sectors, official data released on May 31 said
Fri, May 31, 2019
India’s Gross Domestic Product (GDP) was logged at 5.8% during the fourth quarter of FY19.
Tue, May 28, 2019
On Tuesday, the index finished at 11,928.75 mostly subdued compared to previous trading session. Gainers were stocks like Yes Bank, Infosys, Coal India and Power Grid.
Thu, May 23, 2019
Prasanna A and Abhishek Upadhyay, analysts at ICICI Securities believe, a more stable government will have greater success in tackling critical issues.
Thu, Feb 28, 2019
A Reuters poll of economists had forecast a growth of 6.9% for the December quarter, compared with a downwardly revised 7.0% rise in July-September.
Mon, Feb 25, 2019
According to SBI’s Composite Index for February month increases marginally to 50.60 which is a low growth compared to same month a year ago.
Sun, Jan 20, 2019
According to World Bank data, India became the world's sixth largest economy in 2017 surpassing France and was likely to go past the UK which stood at the fifth position. PwC's Global Economy Watch is a short publication that looks at the trends and issues affecting the global economy and details its latest projections for the world's leading economies.
Wed, Jan 09, 2019
In 2018, the Chinese economy is estimated to have grown by 6.5 per cent as against India's 7.3 per cent. In 2017, China with 6.9 per cent growth was marginally ahead of India's 6.7 per cent, mainly because the slowdown in the Indian economy due to demonetisation and implementation of the Goods and Services Tax (GST), the report said.
Tue, Dec 18, 2018
India-born Harvard professor Gopinath, 46, is set to take charge as the chief economist at the International Monetary Fund (IMF) next month. The paper further said that districts experiencing more severe demonetisation had relative reductions in economic activity, faster adoption of alternative payment technologies and lower bank credit growth.
Fri, Dec 07, 2018
"We have lowered our growth forecasts on weaker-than-expected momentum in the data, higher financing costs and reduced credit availability," the agency said in its Global Economic Outlook for December.
Fri, Nov 30, 2018
Many analysts are predicting the GDP growth rate between 7.4% to 7.6% during Q2FY19. This would be lower than the performance of GDP witnessed in Q1FY19.
Q1FY19 GDP came in at 8.2% as against the last quarter came in at 7.7%. Whereas Gross Value Added (GVA) grew at 8.0%.
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