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Income tax return relief, cash for farmers to boost growth in India: Moody's
Wed, Feb 06, 2019
Moody's Investors Service said on Tuesday that the income tax return relief and direct cash transfer programme for farmers will give a fiscal stimulus of about 0.45 per cent of GDP, and support growth through increased consumption, though at a fiscal cost.
India's GVA growth can inch up to 6.3% in Q2FY18
Tue, Nov 21, 2017
"We expect GVA growth at basic prices to record a sequential recovery to 6.3% in the second quarter from 5.6% in the first quarter, led by a broad-based pick up in industrial growth, even as agriculture, forestry and fishing and services are likely to moderate," rating agency Icra said in a report today.
India FY18 GDP growth likely at 7.1%: Nomura
Wed, Sep 13, 2017
Nomura further said the ongoing remonetisation will have a positive impact on the cash-intensive services sectors and this in turn will help to augur growth numbers.
India's Q1FY18 GDP: What will be the numbers this time?
Thu, Aug 31, 2017
GDP numbers of first quarter of FY18 will be announced on August 31, analysts believe the growth will be better compared to previous quarter. However, the economy will see some impact of GST implementation.
India's GDP defied demonetisation impact earlier; will it escape uncertainties of GST in Q1FY18?
Wed, Aug 30, 2017
Last quarter of FY17 showcased that indicators of Gross Valua Added (GVA) have defied the impact of demonetisation. This time GST is in picture and analysts and economists feel Q1FY18 economy numbers may not escape its affect.
Will demonetisation impact India's GDP for the last quarter of FY17?
Wed, May 31, 2017
CSO will announce India's fourth quarter GDP on May 31, 2017. GDP numbers for October – December 2016 period stood at 7.1% as against GDP growth of 7.4% in Q2FY17 and 7.2% in Q1FY17.