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).
More >
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, Nov 23, 2018
"The recent decline in oil prices might compress the CAD by around $5 bn-$6 bn from our estimates of $78 bn in current fiscal. This will imply CAD settling down at 2.6 per cent of GDP (previously 2.8 per cent). Additionally, if crude averages $65 and rupee stays at 70, then petrol and diesel prices could fall further on average by Rs 4 or more," the report said.
Following decline in oil prices, the country's current account deficit (CAD) is expected to touch 2.6 per cent of GDP in the current fiscal against an earlier expectation of 2.8 per cent, a report said.
Tue, Oct 30, 2018
It is lack of adequate liquidity in the hands of individual investors, the absence of any inflows from the foreign investors, a significant correction in the global equities and unnecessary exaggerated fear on the markets have led to steep fall in the domestic equity wealth which is unprecedented in terms of magnitude.
Wed, Oct 10, 2018
Despite the growth rate in the Indian economy, we are having a high unemployment rate in the country as per the new research conducted by the privately-run Azim Premji University which says that the improvement in employment rate in the country is less than one percent.
Sat, Oct 06, 2018
"Government welcomes MPC statement and decision to keep the rates unchanged. Government's assessment of inflation is in line with the MPC's assessment. We believe growth should turn out to be higher than that projected by MPC (monetary policy committee)," he tweeted.
Sat, Sep 01, 2018
He was responding to a query about senior Congress leader P Chidambaram expressing scepticism over India's GDP growth prospects, saying it would "not be so favourable" in third and fourth quarters, despite the GDP growing at 8.2 per cent in the current fiscal's first quarter.
Enthused by 8.2 per cent GDP growth in the first quarter of 2018-19, the finance ministry exuded confidence that the economy could exceed estimated 7.5 per cent growth in the current fiscal.
Sun, Aug 19, 2018
"India's current account deficit is likely to widen to 2.5 per cent in FY 2018-19, up from 1.5 per cent in fiscal 2017 due to higher oil prices and strong non-oil import demand as domestic demand accelerates," he said. "Net oil imports accounted for 2.6 per cent of GDP in FY 2017-18 and will increase further in fiscal 2019."
Sat, Aug 18, 2018
While the Congress and the BJP continue to fight over India's GDP numbers, a new official data throw some interesting numbers on India's economic growth rate.
Fri, Aug 03, 2018
For non-corporate sector, which accounts for 27% of the economy activity, the figures will come by this year-end or early next year. These figures are available only once in five years and evidences so far indicate that this sector has not been doing well, particularly after demonetisation and rollout of GST.
Wed, Jul 18, 2018
In a latest move, the International Monetary Fund (IMF) has trimmed India's GDP growth forecast for Indian economy to 7.3% for FY19 fiscal from previous 7.5%.
Sat, Jun 02, 2018
Real GDP growth improved to 7.7% in Q4FY18 compared to 7% in Q3FY18, 6.3% in Q2FY18 and three-year low number of 5.7% in Q1FY18. Such would be fastest pace of growth in seven quarters.
Thu, May 31, 2018
Q4 GDP growth: As per the provisional estimates of national income, the growth rate of GDP at constant (2011-12) prices for the financial year 2017-18 is estimated at 6.7 per cent.
India's Gross Domestic Product (GDP) came in at 7.2% in third quarter October - December 2017 (Q3FY18) - higher compared to 6.3% in Q2FY18.
Wed, May 30, 2018
India's GDP has reached a 1-year high. The last time, the economy stood near 7% mark, it was in the corresponding period of the previous year.
Tue, May 29, 2018
The Central Statistics Office (CSO) is scheduled to release GDP numbers for the fourth quarter as well as the 2017-18 fiscal on May 31.
Sun, Apr 29, 2018
The Reserve Bank expects India's economic growth rate to strengthen to 7.4 per cent in the current fiscal, from 6.6 per cent in 2017-18, on account of revival in investment activity.
Thu, Mar 01, 2018
Sensex today: The benchmark indices on Thursday pared initial gains to slip in red with the Nifty50 dipping below its crucial 10,500 level, tracking negative trend in Asian markets, which fell after Wall Street marked its worst monthly performance in two years as the impact from new Federal Reser
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%.
Wed, Feb 07, 2018
RBI has kept policy repo rate unchanged at 6% in the past two monetary policy meetings along with accommodative stance due to fear of higher inflation and macro-economic data.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
