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Latest Articles in gross domestic product

GDP Growth To Decline To 6.0% In FY2024 Amid External Slowdown; Weak Monsoon

The potential return of El Nino conditions could hurt the prospects of crop output and rural demand and put upward pressure on food inflation

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India’s Real GDP Likely To Grow By 9.1% In 2021-22, 7% In 2022-23: MoS Finance

The International Monetary Fund (IMF) and the World Bank projected India to be the fastest-growing major economy in 2023

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Normalising Base To Compress YoY GDP Growth To 5.1% In Q3 FY2023: ICRA

ICRA stated that the YoY rise in gross value added (GVA) at basic prices is anticipated to moderate to 4.9 per cent in Q3 FY2023 from 5.6 per cent in Q2 FY2023

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SBI Estimates India’s GDP Growth For Q3FY23 At 4.6%

A research report from the State Bank of India stated US labour markets continue to reveal declining unemployment and high vacancy rates, a situation not pleasant to Fed and emerging economies' central banks in terms of a rate pause

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18% GDP Growth Necessary A Year To Meet India's Current Job Requirement: Report

The majority of the new jobs will be in large urban-industrial centres, however, there is a need to push the industry to provide better contractual arrangements, it states

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Fiscal Deficit For FY24 Likely To Be Set Close To 6.0% Of GDP: SBI

The budget FY24 presents a challenge to the Modi government to stick to the road map for fiscal consolidation, amidst a global environment of declining inflation

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Revenue Of States Shows Positive Growth: Report

The report mentioned that despite the finance commission setting the proportions, the overall total is based on gross taxes collected by the government

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India's Q1FY23 GDP Trending At 15.7% With An Upward Bias: SBI

"In Q2FY23, leading indicators have continued to accelerate with 81 per cent of the indicators, for which data is available showing an uptrend relative to Q1FY22," the report said

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Reckitt Contributes Rs 7,880 Cr To India's GDP In 2021: Oxford Economics

Oxford Economics, which has published its independent analysis of the economic impact of Reckitt in India said it is a "high GDP multiplier"

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Slowdown In GDP Growth Expected In India In 2023, Says Nomura

Nomura has cut India's growth forecast for 2023 from 5.4 per cent to 4.7 per cent due to recession issues across the globe that are prevailing in an inflationary environment

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RBI Retains GDP Growth At 7.2% For FY23

The central bank said that rural consumption should benefit from the likely normal south-west monsoon and the expected improvement in agricultural prospects

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Union Budget 2022: Finance Minister Nirmala Sitharaman Would Expand Budget By 14% Y-o-Y To Rs. 39.6 Trillion

Budget 2022 is around the corner, so a survey by the Economists shows that wealth has increased for the rich globally during the pandemic due to a rise in crypto markets, etc.

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Indian GDP Likely Boosted In July-Sept As Lockdowns Lifted: Poll

The Indian economy expanded 1.6% and 20.1% in the Jan-March and April-June quarters

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Centre To Emphasise Development Of MSMEs In North East: Union Minister

India can develop only when the NE region makes progress and this is the topmost priority of his ministry, he said while addressing the North East MSME Conclave here.

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Higher Inflation A Transitory Hump, To Help RBI Remain Dovish In Aug Review: Report

The repo rate has been at record low of 4 per cent since June 2020, after lowering it by 115 bps during the first half of the pandemic-hit year, and the reverse repo, which has become the effective rate given the surplus liquidity, at 3.35 per cent, after it was slashed by 155 bps during the same period, resulting in an asymmetric +25/-65 bps policy corridor.

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