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GDP growth News
Stock markets not bothered by GDP numbers, say experts
Fri, Nov 29, 2019
After GDP numbers were revealed, experts are expecting at least 25bps RBI Repo Rate cut, which is expected to fuel the share market.
Govt may raise Rs 95,000 core via infrastructure bonds to boost GDP
Wed, Jun 26, 2019
Aiming to propel the economy growth, the government may soon issue infrastructure bonds via special purpose vehicle (SPV), which could help in raising over Rs 95,000 crore or 0.5 percent of GDP.
India's GDP growth rate comes in at 5.8% in Q4FY19 - Here's how various sectors performed
Fri, May 31, 2019
India’s Gross Domestic Product (GDP) was logged at 5.8% during the fourth quarter of FY19.
India's GDP growth forecast at 7.1% for FY20: FICCI survey
Fri, May 31, 2019
The median growth forecast for agriculture and allied activities was pegged at 3 per cent for FY20, while industry and services sectors are expected to grow by 6.9 per cent and 8 per cent, respectively, during the year.
Fitch flags high joblessness, rural distress due to GDP growth deceleration
Thu, Apr 04, 2019
The agency, which also affirmed the sovereign rating at BBB- with stable outlook, said the Reserve Bank will be on hold for the remainder of 2019 after Thursday's second consecutive 0.25 percent rate cut.
Fitch Ratings cuts India GDP growth forecast for FY20 to 6.8 per cent
Fri, Mar 22, 2019
Fitch Ratings cut India's FY19 GDP growth forecast to 7.2 per cent from 7.8 per cent on December 6. The rating agency has also cut growth forecasts for FY20 and FY21 to 7 per cent from 7.3 per cent and 7.1 per cent from 7.3 per cent, respectively.
Nomura sees GDP slowing to 6.6% in H1 on polls,global slowdown
Fri, Jan 25, 2019
The brokerage said it estimates that global GDP growth will slow to around 2.8 percent in 2019 from 3.2 percent in 2018, led by a slow down in China and the US and the Euro area moderating towards their long-term trends.
India a $5 tn economy by 2025: This is how to do it?
Thu, Jan 17, 2019
The report identified specific policy recommendations for the three sectors. For the agri sector, it has suggested encouraging public and private investments to develop infrastructure like cold chains; special attention for north-eastern, eastern and rain-fed states for augmenting scope of access to institutional credit; and rationalisation and targeting of input subsidies towards small and marginal farmers.
India's GDP expected to grow at 7.3 per cent in 2018-19: World Bank
Wed, Jan 09, 2019
In 2018, the Chinese economy is estimated to have grown by 6.5 per cent as against India's 7.3 per cent. In 2017, China with 6.9 per cent growth was marginally ahead of India's 6.7 per cent, mainly because the slowdown in the Indian economy due to demonetisation and implementation of the Goods and Services Tax (GST), the report said.
Indian economy gets Agriculture, Manufacturing push ahead of general elections to grow at 7.2% in FY19: What CSO data says
Tue, Jan 08, 2019
The latest Central Statistics Office (CSO) data on Indian economy has brought cheers for the Narendra Modi government, which is facing odds on several fronts in the wake of recent debacle in assembly elections.
GDP to grow at 7.4% next fiscal, rupee at 69 per dollar by March 2019: ICICI Bank
Fri, Dec 21, 2018
ICICI Bank today said it expects the economy to grow at 7.4 per cent in next fiscal year 2019-2020, supported by ongoing recovery in investment growth.
Fitch Ratings lowers India's FY19 growth forecast to 7.2%
Fri, Dec 07, 2018
"We have lowered our growth forecasts on weaker-than-expected momentum in the data, higher financing costs and reduced credit availability," the agency said in its Global Economic Outlook for December.
India's GDP growth in Q2 slows down to 7.1 pct from 8.2 pct in Q1
Fri, Nov 30, 2018
India`s $2.6 trillion economy, Asia`s third largest, grew 6.3 percent in the July-September quarter of 2017, the data released by the statistics ministry showed.
GDP growth in India may ease to 7.2% in July-Sept on sluggish economy: Icra
Wed, Nov 21, 2018
The dip in the growth number will be largely on account of a pull down from industry where growth is expected to slow down to 7.1 per cent in the September quarter as compared to 10.3 per cent in June and the farm sector, which may slow down to 3.5 per cent from 5.3 per cent, domestic rating agency Icra said in a report.
Economy at $5 tn? PM Modi sets mission impossible target?
Fri, Sep 28, 2018
Though the Indian economy clocked an 8.2% GDP growth in the first quarter of this fiscal, many economists have forecast a slowdown in the second of half of this year in the wake of the global slowdown, trade war, strained fiscal and current account deficits, falling rupee and inflationary pressure.
Stock markets in overvalued territory; 5 macro risks escalating: Ambit Capital
Tue, Aug 28, 2018
"Even as the Sensex's valuations clearly seem to be benefitting from record investor optimism, it is worth noting that with the exception of India's GDP growth, several macro variables are precariously poised," Ambit Capital said in a research note.
India is world's 6th largest economy; this is whom it beat
Thu, Jul 12, 2018
Good news! World Bank data says India has emerged as the world's 6th largest economy and that too in 2017, beating France and likely to go past the United Kingdom, which is at the fifth position right now. Let us look at other facts based on an analysis of data compiled by the World Bank.
Arun Jaitley lauds GDP growth at 7.7 pct, says job creation is on track
Mon, Jun 18, 2018
"The fourth quarter result of GDP data showed a phenomenal 7.7 per cent growth rate and has established India firmly as the fastest growing global economy. This trend, according to experts, is likely to continue for the next few years, he wrote.
India will achieve 10% GDP growth by Q4 of fiscal: Piyush Goyal
Mon, Jun 18, 2018
"I see double digit growth happening by the fourth quarter of this year. There is a demand optic in the country and this growth will be driven by a society that has become very aspirational," he said.
After 7.7% Q4 GDP jump, Centre retains 7.5% FY19 growth projection; here is why
Thu, May 31, 2018
Saying that the GDP data indicated a turnaround in manufacturing and construction activity, Economic Affairs Secretary Subhash Chandra Garg told reporters, "I don't think we are revising our forecast for the current year 2018-19 which was indicated at 7.5 per cent. We retain it at this moment at this level. There has been some downward revision by Moody's and others taking oil prices into consideration, but there is no one to one relation between oil price and GDP growth."