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Latest Articles in gdp

Indian Economy's Fundamentals Strong; Private Investment Picking Up: Arvind Panagariya

The Indian economy grew by a record 20.1 percent in the April-June quarter this fiscal, helped by a very weak base of last year and a sharp rebound in the manufacturing and services sectors in spite of a devastating second wave of COVID-19.

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India To Witness 9% GDP Growth In FY22: Icra

Icra on Monday said it expects the second half of the fiscal year to have brighter prospects.

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Icra Revises Up FY22 GDP Growth Forecast To 9%

A ramp-up in COVID-19 vaccination, healthy advance estimates of kharif (summer) crop and faster government spending were the factors which led to the revision

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A Synopsis Of America's Economy Through An Inventor's Eye

Jensen's book, Optimizing America, is the synopsis of America's economy through an inventor's eye. In his book, he has explained in detail the existing, rising, and future

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Good Monsoon, Consumption To Help Rural India Stay Afloat, Post Deadly Second COVID-19 Wave

During the deadly second wave of the Coronavirus pandemic, rural areas were also impacted severely, however, it also witnessed a strong rural consumption in July-21, and growth yet again outpaced Urban.

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CII Expects GDP Growth Of 9.5% For This Fiscal Year

Sitharaman at CII interaction in Chennai shared that liquidity is no longer a major concern. From 15 Oct, there would be a special drive to reach out credit to those who need it, CII informed on Twitter.

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April-July Fiscal Deficit At 21.3% Of Rs 15.07 Lakh Cr: Union Govt

The Union Government has transferred a total amount of Rs 1,65,064 crore to state governments as a share of taxes as of July 2021, said the Ministry of Finance.

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States' Fiscal Deficit To Moderate To 4.1% Of GDP In FY'22: India Ratings

The revenue receipts of state governments are expected to improve, backed by an economic recovery, resulting from a large section of the populace receiving vaccinations

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Household Debt Jumps To 37.3 % Of GDP In FY21: Report

Household debt includes retail loans, crop loans and business loans from financial institutions like banks, credit societies, non-banks and housing finance companies.

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Indian Cos' M-Cap Grew Fastest Last Year, Presents Fin Stability Risk: SBI Economists

The rise in the stock market without significant development in the real economy may raise the issue of financial stability which as per our financial stability index shows modest improvement in April 2021

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'Fixing TN's Financial Position & Increasing GDP Are Priorities Of Govt'

The government would adopt a more inclusive approach in taking all policy decisions to achieve this, he said here on Saturday, addressing members of Confederation of Indian Industry (CII) Tamil Nadu unit.

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Pandemic Has Household Savings Jumping To 22.5% Of GDP: Report

The RBI data also show that gross financial savings fell to 13.2 per cent of GDP, while financial liabilities amounted to 4.8 per cent of GDP in the December quarter.

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India's Tax Revenue Below Potential By About 4% Of GDP: NK Singh

The 15th Finance Commission report, tabled in Parliament in February, had highlighted that the actual tax collections by the Centre during the last ten years, on average, was 4 per cent less than what was budgeted.

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Icra Cuts Its FY22 GDP Estimate By 0.5% , Sees Economy Expanding By 10.5 %

Starting with Maharashtra, a slew of other pockets in the country like Delhi have been taking to localised lockdowns to arrest the climbing COVID-19 cases, which derails economic activity.

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India's Fuel Consumption Contracts 9.1 Pc In FY21; First Since 1998-99

The GDP is estimated to have contracted by 7-8 per cent in 2020-21 after economic activity showed signs of recovery in last quarter of 2020.

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