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India GDP

India's GDP expected to fall below 6.5% in FY25 amid slowdown in GDP growth in second quarter: SBI

India's GDP expected to fall below 6.5% in FY25 amid slowdown in GDP growth in second quarter: SBI

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).

$8 trillion of $14 trillion invested in India since 1947 came in last 10 years

$8 trillion of $14 trillion invested in India since 1947 came in last 10 years

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.

India's GDP growth likely to slip at 6.5%, maintains 7% estimate for FY25: Icra

India's GDP growth likely to slip at 6.5%, maintains 7% estimate for FY25: Icra

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.

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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.

IBC a helping tool for twin balance-sheet, investment crisis: Economic Survey

IBC a helping tool for twin balance-sheet, investment crisis: Economic Survey

Mon, Jan 29, 2018

The issue of twin balance-sheet and low private investment due to banks' stressed assets and over-leveraged corporate books hampering the growth prospects.

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.

Government hopeful of higher GVA in agriculture sector in 2017-18

Government hopeful of higher GVA in agriculture sector in 2017-18

Mon, Jan 08, 2018

Following release of the Advance Estimate (AEs) of GDP and GVA for the economy for 2017-18, the Ministry of Agriculture and Farmers` Welfare on Sunday said that the agriculture sector is estimated to register a higher GVA in the next financial year.

India's FY18 GDP growth estimated at 6.5%, says CSO data

India's FY18 GDP growth estimated at 6.5%, says CSO data

Fri, Jan 05, 2018

Anticipated growth of real GVA at basic prices in 2017-18 is 6.1 percent as against 6.6 percent in 2016-17, said the CSO report.

Indian economy to be 5th largest in 2018: World Economic League

Indian economy to be 5th largest in 2018: World Economic League

Wed, Dec 27, 2017

It would be the first time when the Indian economy will overtake the UK and France in real money dollar terms, the ninth-edition of the report released by London-based Centre for Economics and Business Research showed.

Fitch Ratings cut India's FY18 GDP growth forecast to 6.7%, says rebound weaker than expected

Fitch Ratings cut India's FY18 GDP growth forecast to 6.7%, says rebound weaker than expected

Mon, Dec 04, 2017

The US-based ratings agency said growth has "repeatedly disappointed" in recent quarters, partly because of one-off factors including the demonetisation programme of November 2016 and disruptions related to the implementation of the Goods and Services Tax (GST) in July 2017.

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.

Sensex edges higher ahead of GDP data; cautious on North Korea

Sensex edges higher ahead of GDP data; cautious on North Korea

Wed, Nov 29, 2017

Boader gains on Wednesday were capped as caution over the latest missile test by North Korea and softness in Chinese shares hit Asian markets. MSCI`s broadest index of Asia-Pacific shares outside Japan was down 0.08 percent.

Govt not disappointed by S&P rating action: Eco Affairs Secy

Govt not disappointed by S&P rating action: Eco Affairs Secy

Sat, Nov 25, 2017

S&P kept the rating for India unchanged at 'BBB-minus' with 'stable' outlook saying vulnerabilities stemming from low per capita income and high government debt balance strong GDP growth.

India moves up one notch to 126 in GDP per capita terms

India moves up one notch to 126 in GDP per capita terms

Sun, Nov 19, 2017

The data, which forms part of the latest World Economic Outlook report of the International Monetary Fund, ranks over 200 countries in terms of per capita GDP based on purchasing power parity (PPP).

1-year of Demonetisation: This move became "ache din" for mutual funds industry and Indian markets

1-year of Demonetisation: This move became "ache din" for mutual funds industry and Indian markets

Wed, Nov 08, 2017

On November 08, 2016, Modi scrapped high denomination notes namely Rs 500 and Rs 1000 - accounting 86% of India's currency. This event has been a hot topic since then across the country.

Job creation in India Inc grows at slower pace; Banks, IT, Healthcare top employers

Job creation in India Inc grows at slower pace; Banks, IT, Healthcare top employers

Tue, Oct 31, 2017

Banks, IT, retailing, and healthcare continue to provide increasing job opportunities while sectors like mining, power, telecom have witnessed reduction in the employees.

MPC minutes: Bleak chances of rate cuts in Dec, says Nomura

MPC minutes: Bleak chances of rate cuts in Dec, says Nomura

Thu, Oct 19, 2017

Though the economy has bottomed out in the first quarter and retail inflation may stay under 3 per cent in October, since core inflation is likely to be above 4 per cent, we expect the rates to remain unchanged even in the December policy, said Japanese brokerage Nomura.

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)

RBI chooses inflation over growth, keeps repo rate unchanged

RBI chooses inflation over growth, keeps repo rate unchanged

Wed, Oct 04, 2017

RBI has decided to keep key rates unchanged during its bi-monthly monetary policy meeting in Mumbai on October 4, 2017. RBI also revised GVA growth downwards to 6.7% from its earlier projection of 7.3%.

Fitch lowers India's 2017-18 growth forecast to 6.9%

Fitch lowers India's 2017-18 growth forecast to 6.9%

Tue, Oct 03, 2017

Fitch said that economic activity "may have been disrupted" in 2Q17 by firms running down inventory ahead of the implementation of the Goods and Services Tax (GST) in July.

After ADB, India Ratings revises India's growth projection to 6.7% in FY18

After ADB, India Ratings revises India's growth projection to 6.7% in FY18

Wed, Sep 27, 2017

IndRa in its research report said that the combined effect of demonetisation and introduction of goods and services tax (GST) is proving to be more disruptive for the economy than was expected earlier.

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