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India's GDP growth in Q2 slows down to 7.1 pct from 8.2 pct in Q1

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.

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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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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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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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India's GDP growth: Economists cut their forecasts

India's GDP growth: Economists cut their forecasts

Tue, Dec 05, 2017

Fitch alone is not disappointed by the country's current growth rate, CRISIL too has projected India's GDP at 6.8% with downside bias from previous 7% for FY18.    

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GDP data fails to cheer markets; Sensex, Nifty50 slump over 2%

GDP data fails to cheer markets; Sensex, Nifty50 slump over 2%

Sat, Dec 02, 2017

According to market observers, upbeat gross domestic product (GDP) growth data for the second quarter of 2017-18 failed to cheer the equity markets as investors remained cautious ahead of major events in the upcoming week.

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GST has made made trade easier, expanded market for business: Jaitley

GST has made made trade easier, expanded market for business: Jaitley

Sat, Dec 02, 2017

Referring to the GDP growth rising to 6.3 percent afer a five quarter slump, he said it shows that structural reforms benefit in the medium and long term.

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Will India's GDP reverse course in Q2FY18?

Will India's GDP reverse course in Q2FY18?

Wed, Nov 29, 2017

Niti Aayog's Vice-Chairman Rajiv Kumar earlier expressed his confidence stating that India's economic growth in Q2FY18 is expected to soar between 7% and 7.5%. Considering an economist's forecast, this number was a higher projection.

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India's GVA growth can inch up to 6.3% in Q2FY18

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.

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From GST to bank reforms, here's what Arvind Subramanian said about Indian economy

From GST to bank reforms, here's what Arvind Subramanian said about Indian economy

Tue, Nov 21, 2017

Talking on list of factors in regards to Indian economy, the CEA Arvind Subramanian laid out various measures which the government can adapt for the country's long term prosperity.

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India GDP: IMF's forecast not surprising; problems way beyond demonetisation, GST

India GDP: IMF's forecast not surprising; problems way beyond demonetisation, GST

Thu, Oct 12, 2017

IMF and many economists have forecasted India's GDP growth to range between 6.5% to below 7% for fiscal year 2017-18 (FY18)

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India loses fastest growing economy rank; IMF slashes 2017 growth rate by 0.5 % to 6.7%

India loses fastest growing economy rank; IMF slashes 2017 growth rate by 0.5 % to 6.7%

Tue, Oct 10, 2017

But according to the report, it is only a temporary setback for India, and it projected India to regain the top spot next year with a 7.4% growth rate for the gross domestic product (GDP) even though that estimate was also down from the 7.7% made in July.

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Focus on infra, power and exports to boost GDP growth, says Rajan

Focus on infra, power and exports to boost GDP growth, says Rajan

Fri, Sep 08, 2017

For the quarter ended June, India's GDP growth slumped to a three-year low of 5.7 per cent -- lagging China for the second straight quarter -- as manufacturing slowed ahead of the GST launch amid the lingering effect of demonetisation.

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Five things Arun Jaitley said on India's falling first quarter GDP

Five things Arun Jaitley said on India's falling first quarter GDP

Thu, Aug 31, 2017

Finance Minister Arun Jaitley's views on India's GDP summed up.

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Three charts that show what changed India's GDP in Q1 FY18

Three charts that show what changed India's GDP in Q1 FY18

Thu, Aug 31, 2017

Central Statistics Office (CSO), Ministry of  Statistics and  Programme Implementation on Thursday released the GDP data for Q1 FY18. The growth of the gross domestic product (GDP) slowed in the first quarter of the current financial year to 5.7%. India's GDP stood at 6.1% for January - March 201

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GDP grew at 5.7% in first quarter

GDP grew at 5.7% in first quarter

Thu, Aug 31, 2017

In Q4FY17, India's GDP numbers missed estimates and dropped to 6.1%. While Real GDP at constant (2011-12) prices for FY17 is estimated at Rs 121.90 lakh crore showing a growth rate of 7.1% over the year 2015-16 of Rs 113.81 lakh crore, as per CSO.

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India's Q1FY18 GDP: What will be the numbers this time?

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. 

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India seen posting stronger economic growth as shock from cash clampdown fades

India seen posting stronger economic growth as shock from cash clampdown fades

Thu, Aug 31, 2017

Gross domestic product (GDP) is expected to have expanded 6.6 percent in the April-June quarter from a year earlier, according to economists polled by Reuters. 

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India's strong GDP data leaves economists scratching their heads

India's strong GDP data leaves economists scratching their heads

Wed, Mar 01, 2017

The strong data have also reignited the debate about the credibility as well as the quality of the official GDP data.

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