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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
Read MoreIndia 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.
Read More'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
Read MoreIndia 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
Read MoreThe 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
Read MoreIndia'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
Read MoreIndia 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)
Read MoreIndia’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.
Read MoreIndia 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.
Read MoreIndia 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
Read MoreValuables 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.
Read MoreBank 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
Read MoreBofA 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.
Read MoreRunway 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?
Read MoreIndia'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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