Tag: GDP growth
17 Results
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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 -
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