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India's GDP growth skyrockets to 8.2%, emerges as fastest growing economy, but what of employment rate?

India's GDP growth skyrockets to 8.2%, emerges as fastest growing economy, but what of employment rate?

Wed, Oct 10, 2018

Despite the growth rate in the Indian economy, we are having a high unemployment rate in the country as per the new research conducted by the privately-run Azim Premji University which says that the improvement in employment rate in the country is less than one percent.

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India's GDP growth may exceed RBI's projection of 7.4 pc in FY19: Garg

India's GDP growth may exceed RBI's projection of 7.4 pc in FY19: Garg

Sat, Oct 06, 2018

"Government welcomes MPC statement and decision to keep the rates unchanged. Government's assessment of inflation is in line with the MPC's assessment. We believe growth should turn out to be higher than that projected by MPC (monetary policy committee)," he tweeted.

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India will remain world's fastest growing economy even if hit: FinMin official

India will remain world's fastest growing economy even if hit: FinMin official

Sat, Sep 01, 2018

He was responding to a query about senior Congress leader P Chidambaram expressing scepticism over India's GDP growth prospects, saying it would "not be so favourable" in third and fourth quarters, despite the GDP growing at 8.2 per cent in the current fiscal's first quarter.

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GDP growth to exceed 7.5% this fiscal, says DEA Secy

GDP growth to exceed 7.5% this fiscal, says DEA Secy

Sat, Sep 01, 2018

Enthused by 8.2 per cent GDP growth in the first quarter of 2018-19, the finance ministry exuded confidence that the economy could exceed estimated 7.5 per cent growth in the current fiscal.

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India's Current Account Deficit to widen to 2.5% of GDP in FY19: Moody's, experts

India's Current Account Deficit to widen to 2.5% of GDP in FY19: Moody's, experts

Sun, Aug 19, 2018

"India's current account deficit is likely to widen to 2.5 per cent in FY 2018-19, up from 1.5 per cent in fiscal 2017 due to higher oil prices and strong non-oil import demand as domestic demand accelerates," he said. "Net oil imports accounted for 2.6 per cent of GDP in FY 2017-18 and will increase further in fiscal 2019."

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Vajpayee, Manmohan to Modi: Interesting numbers behind GDP slugfest

Vajpayee, Manmohan to Modi: Interesting numbers behind GDP slugfest

Sat, Aug 18, 2018

While the Congress and the BJP continue to fight over India's GDP numbers, a new official data throw some interesting numbers on India's economic growth rate. 

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Centre gung-ho on India being fastest growing economy at 7.7%, but GDP growth feared to be not that good

Centre gung-ho on India being fastest growing economy at 7.7%, but GDP growth feared to be not that good

Fri, Aug 03, 2018

For non-corporate sector, which accounts for 27% of the economy activity, the figures will come by this year-end or early next year. These figures are available only once in five years and evidences so far indicate that this sector has not been doing well, particularly after demonetisation and rollout of GST.

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Experts split over Indian economy; here is what makes economists cut growth forecast

Experts split over Indian economy; here is what makes economists cut growth forecast

Wed, Jul 18, 2018

In a latest move, the International Monetary Fund (IMF) has trimmed India's GDP growth forecast for Indian economy to 7.3% for FY19 fiscal from previous 7.5%.  

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India’ GDP at 18-month high; Private consumption, crude oil still remains concern

India’ GDP at 18-month high; Private consumption, crude oil still remains concern

Sat, Jun 02, 2018

Real GDP growth improved to 7.7% in Q4FY18 compared to 7% in Q3FY18, 6.3% in Q2FY18 and three-year low number of 5.7% in Q1FY18. Such would be fastest pace of growth in seven quarters.

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India logs Q4 GDP growth of 7.7%, beats expectations, but 2017-18 expansion slows to 6.7%

India logs Q4 GDP growth of 7.7%, beats expectations, but 2017-18 expansion slows to 6.7%

Thu, May 31, 2018

Q4 GDP growth: As per the provisional estimates of national income, the growth rate of GDP at constant (2011-12) prices for the financial year 2017-18 is estimated at 6.7 per cent.

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India GDP growth over 7%; Will Q4FY18 number bring a pleasant surprise?

India GDP growth over 7%; Will Q4FY18 number bring a pleasant surprise?

Thu, May 31, 2018

India's Gross Domestic Product (GDP) came in at 7.2% in third quarter October - December 2017 (Q3FY18) - higher compared to 6.3% in Q2FY18. 

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These sectors set to boost India’s GDP numbers past 7% in Q4FY18

These sectors set to boost India’s GDP numbers past 7% in Q4FY18

Wed, May 30, 2018

India's GDP has reached a 1-year high. The last time, the economy stood near 7% mark, it was in the corresponding period of the previous year. 

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India's Q4 GDP growth seen at 7.1%: Ficci survey

India's Q4 GDP growth seen at 7.1%: Ficci survey

Tue, May 29, 2018

The Central Statistics Office (CSO) is scheduled to release GDP numbers for the fourth quarter as well as the 2017-18 fiscal on May 31.

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India likely to clock 7.5% growth in FY19: Deutsche Bank

India likely to clock 7.5% growth in FY19: Deutsche Bank

Sun, Apr 29, 2018

The Reserve Bank expects India's economic growth rate to strengthen to 7.4 per cent in the current fiscal, from 6.6 per cent in 2017-18, on account of revival in investment activity.

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India's GDP at 7.2% in Q3FY18; second advance estimate stands at 6.6% for FY18

India's GDP at 7.2% in Q3FY18; second advance estimate stands at 6.6% for FY18

Wed, Feb 28, 2018

GDP at constant (2011-12) prices in Q3 of 2017-18 is estimated at Rs 32.50 lakh crore, as against Rs 30.32 lakh crore in Q3 of 2016-17, showing a growth rate of 7.2%.

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List of factors to surround RBI decision on monetary policy

List of factors to surround RBI decision on monetary policy

Wed, Feb 07, 2018

RBI has kept policy repo rate unchanged at 6% in the past two monetary policy meetings along with accommodative stance due to fear of higher inflation and macro-economic data.

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First revised GDP estimates of FY15, FY16 and FY17 to be released today

First revised GDP estimates of FY15, FY16 and FY17 to be released today

Wed, Jan 31, 2018

Based on these estimate, then accordingly the CSO will revise further the GDP and GVA estimate for FY18 as second advance estimate on February 2018.    

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IBC a helping tool for twin balance-sheet, investment crisis: Economic Survey

IBC a helping tool for twin balance-sheet, investment crisis: Economic Survey

Mon, Jan 29, 2018

The issue of twin balance-sheet and low private investment due to banks' stressed assets and over-leveraged corporate books hampering the growth prospects.

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IMF's 7.4% growth forecast for India in FY19 a boost to Modi govt

IMF's 7.4% growth forecast for India in FY19 a boost to Modi govt

Tue, Jan 23, 2018

 IMF in its World Economic Outlook update, January 2018, said that India will grow 7.4% and 7.8% in  FY19  and FY20, respectively. 

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Indian economy's four-year low data surprise experts, analysts

Indian economy's four-year low data surprise experts, analysts

Mon, Jan 08, 2018

GDP numbers stood at 6.3% in the second quarter of FY18 (Q2FY18) from 5.7% in the preceding quarter.

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