gdp growth - Latest News, Analysis, Opinion

Economy

FM, on a visit to Harvard Kennedy School on Thursday, said that India is expected to grow at double-digit figures.

Global Debt Jumps To A New High Of USD 226 Trillion: IMF

Advanced economies and China contributed more than 90 per cent to the accumulation of world-wide debt in 2020.

Ficci Projects 9.1 % GDP Growth For FY22

The industry body cautioned that a likely surge in people''s movement during Diwali can lead to a rise in the number of COVID cases again.

IMF Reduces Global GDP Growth Forecast For 2021

Economy

According to IMF Chief, Kristalina Georgieva, the reasons include debt, inflation and divergent economic trends in the wake of COVID-19 pandemic. Inequality with respect to the availability of vaccines also poses a threat to the growth of the global economy.

FinMin Officials Pitch For Better Sovereign Rating Outlook With Moody's

The Indian economy contracted 7.3 percent in 2020-21 fiscal. In the April-June quarter of current fiscal, the economy grew 20.1 percent.

ADB Scales Down India's Economic Growth Forecast For This Fiscal To 10%

The growth forecast for India in fiscal year 2021 (ending in March 2022) was revised down, as the spike in COVID-19 cases during May dented the recovery, the Asian Development Bank (ADB) said in its latest economic outlook.

The Average Indian family’s income Gone Down; That is The Real economic Indicator: Praveen Chakravarty, Data Analytics Chairman, Congress

Praveen Chakravarty, chairman of Congress' data analytics department, speaks with BW Businessworld on the range of issues that impact Indian economy. He talks about the real yardstick of measuring economic well being which is more about the falling average income and so the distress among the average Indian. He speaks on the untimely monetization of the critical asset and talks about the lack of sound macroeconomic policy for the emerging India. On the welfare, he sights the MGNREGA--and without such scheme, country would have faced riot- like situation.

RBI Optimistic About 9.5% Growth In FY22; Will Gradually Move To Soften Inflation To 4%: Governor Das

National

As a result of high inflation, which also breached the 6 per cent band in between, the RBI has been maintaining a status quo on rates for over a year now and calls for higher attention to its core mandate of price rise are growing.

India To Post Strong GDP Growth In Coming Quarters: S&P

"India's external position is very strong and this is quite supportive of India's sovereign rating despite the fact that we have had this deterioration in fiscal position concurrently,"

India's GDP Growth Likely Touched A Record In April-June

The August 20-25 Reuters poll of 41 economists confirmed gross home product rose 20.0% in the three-month interval, in contrast with a record contraction of 24.4% in the identical quarter a yr earlier.

Ind Ra Revises Up FY22 GDP Estimate To 9.4%; Flags Rising Inequality In 'K-shaped' Recovery

The rating agency had earlier expected the economy to grow by 9.1 per cent in a scenario where vaccinating all the adults gets pushed back to March 2022 and 9.6 per cent if the government achieves its target of rendering vaccine doses by December.

GDP To Expand By Deceptively High 20% In Q1, To Be Lower Than Pre-COVID Levels: Icra

The low base of the last year, when the GDP had contracted by close to 24 per cent, 'conceals' the impact of the second wave of COVID-19 infections.

RBI Keeps Interest Unchanged

Companies & Markets Sector Reports

Inflation has breached RBI's upper tolerance limit of 6 per cent in the past two months - a trend that Das termed as transitory and that the economy needed continued support from all sides - fiscal and monetary - to nurture the nascent recovery.

India's GDP Growth Expected To Be 8.8-9 % In FY22: Care Ratings