Tag: GDP growth
17 Results
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Economic Survey: India’s 2023-24 GDP growth in real terms projected at 6.5 pc
The survey said that India's economic recovery from the Covid pandemic is complete and the economy is expected to grow in the range of 6 percent to 6.8 percent
January 31, 2023 -
Global slowdown may hit India’s growth in 2023-24
India's GDP growth is on course to print close to 7 per cent this year in 2022-23, foreign brokerage, JP Morgan said in a report.
December 16, 2022 -
World Bank makes upward revision of India’s GDP growth forecast due to robust economic activities
India's real GDP growth is expected to be at 6.9 per cent in FY22-23 compared to 8.7 per cent in FY21-22, according to World Bank's latest India Development Update.
December 6, 2022 -
“A logistical marvel”: IMF on India’s direct cash transfer scheme
This praise for India's cash transfer scheme comes as the country continues to maintain its position as the fastest-growing major economy in the world.
October 13, 2022 -
Economic growth to improve in coming months, says FinMin
The monthly economic review released by the Finance Ministry noted that as external pressures will diminish, inflationary pressures are expected to wear down.
September 17, 2022 -
India’s FY23 GDP growth projected at 7.8%: RBI Guv
On Thursday, RBI retained its key short-term lending rates during the sixth and final monetary policy review of FY22.
February 10, 2022 -
Japan’s April-June GDP growth rises 1.9% on capital expenditure
The revised figure was slightly better than an averagely predicted annual growth of 1.8 percent by private-sector economists surveyed by local media.
September 8, 2021 -
India’s FY22 GDP growth rate now expected at 9.6%: Ind-Ra
As per Ind-Ra, the Indian economy was witnessing a consumption slowdown even before the Covid-19 pandemic.
June 25, 2021 -
Rethink Development
Some policy changes may be required to rejuvenate the economy, the first being to remove the focus from big business and promote small enterprises, primarily, by reducing their burden of taxation. As of now, the tax structure favours the rich; the rate of taxation on firms and individuals is almost double the corporate tax rate.
June 20, 2021 -
SBI lowers India’s FY22 growth forecast to 7.9%
The latest SBI Ecowrap report has projected a 7.9 per cent growth for India's GDP, down from its previous projection of 10.4 per cent growth.
June 1, 2021 -
India’s economy shrinks, GDP down by record 7.3 pc in FY21
The NSO had projected a GDP contraction of 7.7 per cent in 2020-21 in its first advance estimates of national accounts released in January this year.
May 31, 2021 -
India’s double-digit GDP growth expected in FY22: PHD CCI report
PHDCI Economy GPS Index was 103 in February 2020, with an improvement of 19 points in February 2021 over February 2020.
March 11, 2021 -
The NPA Conundrum
The principal factor for accumulating bad loans in the Indian banking system is exaggerated economic growth expectations and over-ambitious projections erroneously or otherwise accepted by lending institutions
November 30, 2020 -
GDP growth rate expected to be negative in FY21: RBI
1. Governor Das said that the Reserve Bank of India (RBI) expects country’s real GDP growth rate for the first half of FY21 to remain in the negative territory. 2. The MPC expects elevated inflation levels during the second quarter but may ease in the second half of the current fiscal year.
August 6, 2020 -
India reports GDP growth for January-March quarter at 3.1%; 4.2% for FY20
An economist poll conducted by Reuters had pegged GDP growth at 2.1 per cent in the last quarter of FY 2019-20.
May 29, 2020 -
India’s GDP growth seen at 1.2 pc for Q4 FY20: SBI report
1. According to the SBI's research report Ecowrap - the gross domestic product (GDP) growth is likely to be 4.2 per cent for FY20 and (-) 6.8 per cent for FY21. 2. The report further said COVID-19 cases in the country could peak anytime in the last week of June.
May 26, 2020 -
GDP growth for FY20-21 likely to remain in negative territory: Shaktikanta Das
The outlook of inflation also remains "highly uncertain", RBI Governor Shaktikanta Das said while announcing a 40-basis point cut in the repo rate as part of the monetary measures to deal with the current crisis.
May 22, 2020