Tag: GDP growth
17 Results
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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 -
Moody’s lowers India 2020 GDP growth projection to 5.4 per cent
In its update on Global Macro Outlook, Moody's said India's economy has decelerated rapidly over the last two years and expects economic recovery to begin in the current quarter.
February 17, 2020 -
Country could be passing through recession: Economist Abhijit Banerjee
Abhijit Banerjee, during an address at the Kolkata Literary Meet, also said the priority of the government should be on refinancing the banking sector, which is in 'doldrums'.
January 28, 2020 -
India needs 6.3% labour productivity growth for 8% GDP growth: India Research
The labour productivity growth in the current financial year (FY19) is at 5.2 per cent.
January 9, 2020 -
India’s growth forecast trimmed to 5.1% by ADB, cites consumption slowdown
Further, it has also cut the estimate for the next fiscal, FY 2020-21 to 6.5 per cent from 7.2 per cent.
December 11, 2019 -
CM Mamata Banerjee slams centre over economy
Mamata Banerjee congratulates West Bengal for ranking first in GDP growth rate in India.
August 12, 2019 -
India’s GDP growth projection lowered to 7% in 2018-19
"The growth in GDP during 2018-19 is estimated at 7 per cent as compared to the growth rate of 7.2 per cent in 2017-18," said the official data released here on Thursday.
February 28, 2019 -
India’s GDP expected to grow at 7.3% in 2018-19
India's GDP is expected to grow at 7.3 per cent in the fiscal year 2018-19, and 7.5 per cent in the following two years, the World Bank has forecast, attributing it to an upswing in consumption and investment.
January 9, 2019 -
Increase productivity with better efficiency
With huge manpower available, India needs to create trained workforce of skilled individuals.
December 21, 2018 -
India needs to have a good oil hedging policy: Raghuram Rajan
Rajan said the issue has been discussed in the past and it began with a strategic petroleum reserve, but beyond that there is a need to think about hedging oil prices especially when it comes to levels such as now.
December 12, 2018 -
India fares better, but…
Oddly enough, India's improved ranking coincides with an extraordinary discord within the premier investigative agency called the Central Bureau of Investigation and between the Centre and the Reserve Bank of India. Fringe elements in the political spectrum have disrupted business activity in Gujarat, Maharashtra and elsewhere, upsetting free movement of labour.
December 8, 2018 -
RBI monetary policy committee leaves repo rate unchanged at 6.5%, GDP growth projection at 7.4%
The MPC noted that crude oil prices have declined sharply, reflecting higher supplies and easing of geopolitical tensions.
December 5, 2018 -
RBI retains GDP growth forecast at 7.4 per cent for FY’19
In the third bi-monthly monetary policy statement for 2018-19, RBI said various indicators suggest that economic activity has continued to be strong.
August 1, 2018 -
Revamping an economy
Amartya Sen has recently observed that despite the fact that India boasts the fastest-growing economy in the world, the country has taken a “quantum jump in the wrong direction” since 2014 ~ the year the BJP-led NDA government assumed power. And because of this movement in reverse, India’s economy is now the second worst in …
Continue reading "Revamping an economy"
July 21, 2018 -
GDP growth to strengthen to 7.4% in FY19: RBI
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. The growth will accelerate from 7.3-7.4 per cent in first half of 2018-19 to 7.3-7.6 per cent in the second of half of the …
Continue reading "GDP growth to strengthen to 7.4% in FY19: RBI"
April 5, 2018