Gross Domestic Product (GDP)
Downward revision of current fiscal growth does not indicate economic slowdown: Garg
Fri, Mar 01, 2019
"GDP estimates for 2018-19 released today needs to be viewed in correct perspective. Downward revision to 7 per cent from 7.2 per cent in 1st Adv Est is against revision of GDP of 2017-18 from 6.7 per cent to 7.2 per cent.'' said Economic Affairs Secretary Subhash Chandra Garg.
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Data not cooked up, GDP figures to go up further: Government
Tue, Feb 19, 2019
Refuting charges of destroying the credibility of Indian data, the government said the revised GDP figures for demonetisation year was not cooked up and, in fact, the growth rates are likely to go up further due to the GST.
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StatAttack! Spotlight on fiscal deficit, tax collection targets
Tue, Feb 12, 2019
The Union Budget which was placed on February 1, has fixed the fiscal deficit target at 3.4 per cent of the Gross Domestic Product (GDP), while the gross tax revenue is estimated to grow at 17.15 per cent, as per the revised estimates for 2018-19.
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Narendra Modi government sticks to fiscal deficit target; silent on fuel tax cuts - Details here
Sun, Sep 16, 2018
After the meeting, Jaitley exuded confidence of surpassing the 7-7.5 per cent GDP growth target projected in the last Budget presented on February 1, meeting capital expenditure targets, surpassing tax collections projections and exceeding the record Rs 1 lakh crore target of revenue mobilisation from government stake sale in PSUs.
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Price control, ad-hoc regulatory changes may hamper pharma
Sun, Sep 02, 2018
The Indian pharma market (IPM) stood at Rs 121,833 crore at the end of financial year 2018, growing at 6.3 per cent over the last 12 months period. This represents a significant slowdown from the historic 13-14 per cent CAGR trends (2010-2016).
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FDI growth up 23 per cent in Apr-June quarter this fiscal
Mon, Aug 27, 2018
Key sectors that received maximum foreign investment during the first quarter of the fiscal include services (USD 2.43 billion), trading (USD 1.62 billion), telecommunications (USD 1.59 billion), computer software and hardware (USD 1.4 billion), and power (USD 969 million).
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DBS raises real GDP estimate to 7.4% for this fiscal
Tue, Aug 21, 2018
As per the report, while private consumption is likely to benefit from better urban and non-farm spending, the agricultural sector will have to deal with easing real wage growth, falling crop prices and weak terms of trade.
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In Manmohan Singh government, macro economic instability was highest, says PM Modi's EAC
Sat, Aug 18, 2018
According to the back series data prepared by the by the Committee on Real Sector Statistics, constituted by the National Statistical Commission, Indian economy clocked a 10.08 per cent growth rate in 2006-07 under the then Prime Minister Manmohan Singh, the highest since liberalisation of the economy in 1991.
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Japan''s economy rebounds on brisk spending but trade rifts cloud outlook
Fri, Aug 10, 2018
Japan`s economy grew more than expected in the second quarter, helped by strong household and business spending and recovering from a contraction earlier this year, but global trade tensions loom as major risks to the export and investment outlook.
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4 defining points that show GDP growth is on a roll, 1 that doesn't
Fri, Jun 01, 2018
The Gross Domestic Product (GDP) growth for the March quarter at 7.7 per cent remained highest since demonetisation. For the full fiscal year 2017-18, the growth came in at 6.7 per cent against the expectations of 6.6 per cent.
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India to achieve 9 pct growth rate by 2022: NITI Aayog
Tue, May 22, 2018
NITI Aayog vice-chairman Rajiv Kumar today exuded confidence that Indian economy will achieve 9 per cent growth rate on sustained basis by 2022 on the back of reforms like GST, demonetisation and the Insolvency and Bankruptcy Code (IBC).
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