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Indian GDP

India's Q4 FY24 GDP likely to have grown at 6.1-6.7%: Economists

India's Q4 FY24 GDP likely to have grown at 6.1-6.7%: Economists

Sun, May 26, 2024

The Indian economy grew 8.2 per cent in the June quarter, 8.1 per cent in the September quarter and 8.4 per cent in the December quarter of 2023-24.

Deloitte projects India's FY25 GDP growth at 6.6%

Deloitte projects India's FY25 GDP growth at 6.6%

Fri, Apr 26, 2024

In its India's economic outlook report, Deloitte said the rapid growth of the middle-income class has led to rising purchasing power and even created demand for premium luxury products and services.

TS Singh Deo Criticises Incumbent Government's GDP Performance

TS Singh Deo Criticises Incumbent Government's GDP Performance

Fri, Feb 09, 2024

Former Deputy Chief Minister of Chhattisgarh and Congress leader TS Singh Deo criticised the Bharatiya Janata Party (BJP) government's economic performance, citing discrepancies in the data presented in the 'White Paper' tabled in the Lok Sabha. Deo highlighted that the GDP growth during the UPA regime outperformed both past and present administrations, disputing the accuracy of the government's claims.

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Morgan Stanley raises India GDP forecast after Q1 data "surprises positively"

Morgan Stanley raises India GDP forecast after Q1 data "surprises positively"

Sun, Sep 03, 2023

Morgan Stanley has upwardly revised their economic growth forecast for India for fiscal year 2024 after April-June quarter data showed it grew at its quickest pace in a year.

Financial experts applaud India's resilient economy and growth story

Financial experts applaud India's resilient economy and growth story

Fri, Jun 02, 2023

India's economy continued to show resilience and strong growth in the fourth quarter of the FY23. With a total size of $3.3 trillion, this accomplishment has increased the yearly growth rate to 7.2%. Commenting on this, top financial minds hailed the India’s astonishing achievement.

India's GDP soars with 6.1% in Q4, manufacturing sector boosts recovery

India's GDP soars with 6.1% in Q4, manufacturing sector boosts recovery

Wed, May 31, 2023

India's economy is on the rise as it records a growth rate of 6.1% in Q4, driven by a resurgence in manufacturing activity. The government data reveals a significant improvement from the previous quarters, indicating a positive economic outlook.

India to contribute 16% of global GDP: Morgan Stanley

India to contribute 16% of global GDP: Morgan Stanley

Tue, May 16, 2023

According to Morgan Stanley, India is benefitting from a combination of cyclical and structural tailwinds and is expected to contribute 16 per cent of the global gross domestic product (GDP) over 2023-24.

India's economic resilience: IMF predicts Indian economy will grow by nearly 6 per cent this fiscal year

India's economic resilience: IMF predicts Indian economy will grow by nearly 6 per cent this fiscal year

Fri, Apr 28, 2023

Despite facing formidable challenges, India stands tall and steadfast, emerging as a beacon of resilience in the global economy., says IMF.

Growth Outlook: Indian economy to continue its rising momentum in 2023 on THESE factors – know what Morgan Stanley says in report

Growth Outlook: Indian economy to continue its rising momentum in 2023 on THESE factors – know what Morgan Stanley says in report

Sun, Dec 11, 2022

India's economic growth slowed to 6.3 per cent in the September quarter of 2022-23 compared to 13.5 per cent in the preceeding three months amid a contraction in output of manufacturing and mining sectors.

RBI Monetary Policy: Inflation Projected At 6.7%, GDP Growth Seen At 7.2% This Fiscal

RBI Monetary Policy: Inflation Projected At 6.7%, GDP Growth Seen At 7.2% This Fiscal

Wed, Jun 08, 2022

Real GDP growth for the year has been retained at 7.2%. MPC noted that inflation is likely to remain elevated for the first three quarters of the current financial year, seeing inflation fot the year at 6.7%.

India's GDP growth estimated at 7.8% in FY2023; see why CRISIL reiterates its forecast?

India's GDP growth estimated at 7.8% in FY2023; see why CRISIL reiterates its forecast?

Thu, Mar 10, 2022

On Thursday, CRISIL reiterated its December 2021 forecast of India’s gross domestic product (GDP) growth at 7.8 per cent in fiscal 2023.

India's GDP grows 5.4% in Q3; remains world's fastest growing major economy

India's GDP grows 5.4% in Q3; remains world's fastest growing major economy

Mon, Feb 28, 2022

India's economic growth slowed to 5.4 percent in the third quarter of 2021-22.

Fitch cuts India GDP forecast for FY22 to 8.4%; raises growth projection to 10.3%

Fitch cuts India GDP forecast for FY22 to 8.4%; raises growth projection to 10.3%

Wed, Dec 08, 2021

Fitch Ratings on Wednesday cut India's economic growth forecast to 8.4 per cent for the current fiscal year ending March 31, 2022, but raised GDP growth projection for the next financial year to 10.3 per cent.

Govt may raise Rs 95,000 core via infrastructure bonds to boost GDP

Govt may raise Rs 95,000 core via infrastructure bonds to boost GDP

Wed, Jun 26, 2019

Aiming to propel the economy growth, the government may soon issue infrastructure bonds via special purpose vehicle (SPV), which could help in raising over Rs 95,000 crore or 0.5 percent of GDP.

Sensex, Nifty trade in green despite GDP growth at 3-year low; Dr Reddy's gains over 7%

Sensex, Nifty trade in green despite GDP growth at 3-year low; Dr Reddy's gains over 7%

Fri, Sep 01, 2017

In pre-open market, the 31-scrip index was trading at 31,770-level, while the 51-scrip was near 9,938-mark - higher from previous day closings.

India's GDP to reach nearly 8% in four years: Moody's poll

India's GDP to reach nearly 8% in four years: Moody's poll

Mon, Jul 31, 2017

"Given economic and institutional reforms in India, and further changes that could follow, India will likely grow faster than similarly rated peers over the next 12-18 months, despite a short-term drag caused by demonetisation," said Marie Diron, a Moody's Associate Managing Director.

India's economy set to reclaim top spot for growth this year: Poll

India's economy set to reclaim top spot for growth this year: Poll

Wed, Jul 19, 2017

India will reclaim its position as the fastest growing major global economy this year, partly propelled by benefits from a new tax system and bolstered by an expected central bank interest rate cut, a Reuters poll showed.

IIP and CPI data: What to expect?

IIP and CPI data: What to expect?

Wed, Jul 12, 2017

Ministry of Statistics & Programme Implementation (MoSPI) is set to announce India's monthly macro-economic data on July 12, 2017. The Ministry will be releasing retail inflation or Consumer Price Index (CPI) and factory output or Index of Industrial Production (IIP) data.

GST: The transition issues and what it means for India

GST: The transition issues and what it means for India

Fri, Jun 30, 2017

However, GST, as accepted by the Government, is going to see some hiccups in the beginning as is the case with any disruption. Past few weeks has seen companies destocking their products at a rate faster than expected. Industry experts believe that normalisation may return to the Indian economy only by the third quarter (Q3FY18) of the current fiscal, i.e. September to December 2017 period.

NITI Aayog proposes break-up of Coal India into seven firms

NITI Aayog proposes break-up of Coal India into seven firms

Wed, Jun 28, 2017

India should split the seven units of state-controlled Coal India Ltd into independent companies to make it more competitive, the government`s policy think-tank said on Tuesday in a draft of a new energy policy.

India's GDP to grow at 7.4%-7.6% in the next two fiscals, Fitch Ratings says

India's GDP to grow at 7.4%-7.6% in the next two fiscals, Fitch Ratings says

Tue, Jun 20, 2017

Gross Domestic Product (GDP) or India's economic growth is expected to rise by 7.4% and 7.6% in the next two fiscal years, Fitch Ratings said on Tuesday in its Global Economic Outlook report.

GDP growth rate at 2 year low; RBI's action in next policy will be keenly watched

GDP growth rate at 2 year low; RBI's action in next policy will be keenly watched

Thu, Jun 01, 2017

India's GDP data for Q4FY17 dropped to a two year low. Now the next trigger would be RBI's action on Indian economy during second monetary policy meet.

Q4FY17 GDP at 6.1% but some sectors defied demonetisation impact

Q4FY17 GDP at 6.1% but some sectors defied demonetisation impact

Thu, Jun 01, 2017

India's GDP numbers were at 6.1% in Q4FY17 – indicating a strong demonetisation impact. Difference between nominal and real GVA reflects slowdown was due to higher deflator.

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