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Latest Articles in gdp growth

World Bank Slashes India's GDP Forecast To 8% From 8.7% In FY23

The international lender lowered its growth estimate for India, the region's largest economy, to 8 per cent from 8.7 per cent for the current fiscal year to March, 2023 and cut by a full percentage point the growth outlook for South Asia, excluding Afghanistan, to 6.6 per cent

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India GDP Growth Forecast Cut To 7.9%, Morgan Stanley Says

India is affected through three key channels — higher prices for oil and other commodities; trade, and tighter financial conditions, influencing business/investment sentiment.

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'GDP To Be 1% Above Pre-COVID Level In FY22; RBI May Continue With Easy Policy'

Making it clear that India's slide on growth began in 2017, much before the pandemic, RBI Dy Guv Patra said the country has lost up to 15 per cent of output forever, which has resulted in the loss of livelihoods as well

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India Ratings Pegs FY22 GDP Growth At 8.6% On Data Revision

According to an India Ratings analysis, NSO is likely to peg the FY22 real gross domestic product growth at Rs 147.2 lakh crore. This translates into a GDP growth rate of 8.6 per cent, down from 9.2 per cent forecast in the first advance estimate released on January 7, 2022

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The Nominal GDP Growth This Year Will Be 17.6%, Says Revenue Secy. Tarun Bajaj

The Indian economy is poised for double-digit growth. Discussing this, the Budget 2022 and the future of GDP, Tarun Bajaj, Revenue Secretary to Government of India, speaks to Dr Annurag Batra, Chairman & Editor-in-Chief, BW Businessworld, on some of the government's plans

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India's GDP Likely To Grow At 5.8% In Oct-Dec, Says SBI Report

India's gross domestic product (GDP) is likely to grow at 5.8% in the third quarter of fiscal 2022 from October to December, says Ecowrap- SBI's research report

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India Can Add $20 Bn To GDP If Import Dependence On China Is Halved: Report

In FY21, out of the USD 65 billion of imports from China, around USD 39.5 billion were commodities and goods where PLI scheme has been announced (textile, agri, electronics goods, pharmaceuticals & chemicals)

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India’s Manufacturing GDP To Grow At 9% AAGR Between 2022-2026: Forecasts GlobalData

The Indian Ministry of Electronics and Information Technology launched the India Semiconductor Mission (ISM) on 29 December 2021, which will act as the nodal agency for the implementation of schemes on semiconductors and display ecosystem.

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India Cuts Growth Estimates For 2021-22 Amid Surging COVID Cases

The economy has been on the mend after the government lifted mobility curbs in June to curb the coronavirus. But after a surge in Omicron cases this week, many private economists have cut growth estimates to near 9% from over 10% estimates earlier.

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India To Overtake Japan As Asia's 2nd Largest Economy By 2030: IHS

Currently, India is the sixth-largest economy in the world, behind the US, China, Japan, Germany and the United Kingdom

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Valuables Purchase: A Push To India's GDP Growth

According to a section of economists, the 8.4 per cent GDP growth in the last quarter was a good sign which relived the stress that the informal economy witnessed, amid the ongoing Coronavirus pandemic.

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Bank Of America Expects India's FY23 GDP Growth At 8.2% With More Downside Risks

Since GDP is GVA plus the indirect taxes on goods net of subsidies, a hike in subsidies like last year, leads to a wider gap between GDP and GVA growth, as last year

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BofA Estimates 8.2% GDP Growth In FY23 For India

On the positive side, they see the fiscal deficit improving to 5.8 per cent of GDP next fiscal from 6.8 per cent seen for the current fiscal while the current account deficit is seen rising to 2 per cent.

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Runway To Recovery

Virtually grounded a year ago in the wake of the pandemic, the domestic civil aviation sector has seen a quick turnaround thanks to pent up demand, right policy push and a slew of decisions helping the sector become future ready. Will Omicron play spoilsport?

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India's GDP Growth At 8.4% In July-Sept

The GDP growth in April-June quarter this fiscal stood at 20.1 per cent. The Indian economy had contracted by 24.4 per cent in April-June last year.

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