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India GDP

India is keen to increase its manufacturing share in GDP from 17% to 25%: Union Minister Hardeep Puri

India is keen to increase its manufacturing share in GDP from 17% to 25%: Union Minister Hardeep Puri

Sat, Sep 30, 2023

Addressing the 118th Annual Convention of the PHD Chamber of Commerce and Industry (PHDCCI), Hardeep Singh Puri said, "Global supply chains are realigning. India is emerging as an alternative supply source given its raw materials, low labour costs, growing manufacturing know-how, and entrepreneurial ability.

India to be third largest contributor to global GDP, says CEA

India to be third largest contributor to global GDP, says CEA

Thu, Jun 15, 2023

India will be the third largest contributor to the global gross domestic product (GDP) this year, Chief Economic Advisor, Dr V. Anantha Nageswaran said on Thursday.

9 Years of Modi: Unveiling India's Digital & Economic Revolution from Digital India to Make in India

9 Years of Modi: Unveiling India's Digital & Economic Revolution from Digital India to Make in India

Thu, Jun 08, 2023

Prime Minister Modi-led NDA government has completed nine years in office! When PM Modi took oath for the first time, his moto was Sabka Sath, Sabka Vikas, and with this the BJP government embarked upon their journey in 2014 to create an India that is self-sufficient in all aspects. 9 years have passed by, and it is now time to look back at the progress that the country has made in various sectors.

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Will demonetisation impact India's GDP for the last quarter of FY17?

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.

7.3% growth expected in GDP in FY17 | वित्त वर्ष 17 में जीडीपी में 7.3% वृद्धि की उम्मीद

7.3% growth expected in GDP in FY17 | वित्त वर्ष 17 में जीडीपी में 7.3% वृद्धि की उम्मीद

Wed, May 31, 2017

A growth of over 7.3% in GDP is expected in financial year 2017. Moreover, all figures relating to GST will also be declared today. जीडीपी में करीब 7.3% की वृद्धि वित्तीय वर्ष 2017 में होने की संभावना है। इसके अलावा, जीएसटी से संबंधित सभी आंकड़े भी आज घोषित किए जाएंगे।

India GDP numbers today: Here's what to expect

India GDP numbers today: Here's what to expect

Wed, May 31, 2017

Indian economy is likely to post healthy GDP (Gross Domestic Product) numbers for the quarter ended March 31, 2017 when they are released later today.

Deceptively quick, India's economy seen staying course as global pacesetter

Deceptively quick, India's economy seen staying course as global pacesetter

Wed, May 31, 2017

India is set to hang onto its status as the world`s fastest growing major economy thanks to stronger consumer demand, if data due out later on Wednesday matches economists expectations for a 7.1 percent year-on-year expansion in the March quarter.

How much will new IIP, WPI series impact India's GDP?

How much will new IIP, WPI series impact India's GDP?

Tue, May 30, 2017

Analysts and industry experts believe that the new series of India's factory output data or Index of Industrial Production (IIP) would mean that the GDP numbers could be significantly higher than the earlier quarters.

India's macro-economic indicators improved in last three years: PM Narendra Modi

India's macro-economic indicators improved in last three years: PM Narendra Modi

Tue, May 23, 2017

Fuelled by Aadhaar and Jan Dhan Yojana, India has improved upon all the macro-economic indicators over the last three years, Prime Minister Narendra Modi said on Tuesday.

15% of India's GDP is from fake goods, Survey finds

15% of India's GDP is from fake goods, Survey finds

Mon, May 15, 2017

In just 7 sectors of India, the illicit trade of fake goods has crossed Rs 1.05 lakh crore, representing a multi-billion-dollar industry globally that continued to grow. FICCI CASCADE reports found that approximately 8-15% of India's GDP was made up of fake goods dealings.

Can govt's focus on job creation help Indian IT sector?

Can govt's focus on job creation help Indian IT sector?

Wed, May 10, 2017

While there were worries about Indian employees of IT companies overseas losing their jobs. Now it seems that employees of IT firms within the country too are going to losing their jobs.

Fitch Ratings pegs India's real GDP at 7.7% in FY17

Fitch Ratings pegs India's real GDP at 7.7% in FY17

Tue, May 02, 2017

Fitch Ratings said, "India's sovereign ratings balance a strong medium-term growth outlook and favourable external balances with a weak fiscal position and difficult business environment. However, the business environment is likely to gradually improve with the implementation and continued broadening of the government's structural reform agenda."

India's growth rate to hit 7.5% in 2018, but US policies pose risk, says UN Commission

India's growth rate to hit 7.5% in 2018, but US policies pose risk, says UN Commission

Tue, May 02, 2017

The UN Economic and Social Council for Asia and Pacific (ESCAP) survey on Monday said India`s economic growth is projected to be stable at 7.1 % in 2017, before rising to 7.5 % in 2018, driven by higher private and public consumption and increased infrastructure spending.

India to grow at 7.7% in 2018; Emerging markets face newer challenges: FM Jaitley

India to grow at 7.7% in 2018; Emerging markets face newer challenges: FM Jaitley

Sat, Apr 01, 2017

Jaitley said India has sought USD 2 billion loans for various projects from the NDB, which is set up by the emerging nations India, China, Brazil, Russia and South Africa.

Boosting private sector investment in India challenging: Arvind Subramanian

Boosting private sector investment in India challenging: Arvind Subramanian

Wed, Mar 29, 2017

Boosting private sector investment remains a challenge for the Indian economy, Arvind Subramanian, chief economic adviser to the finance ministry told the annual Credit Suisse Asian Investment Conference in Hong Kong on Wednesday.

India's GDP growth to slow to 6.7% in fourth quarter of FY17: Nomura

India's GDP growth to slow to 6.7% in fourth quarter of FY17: Nomura

Wed, Mar 22, 2017

Nomura has projected India's gross domestic product (GDP) to slow to 6.7% in the January to March quarter of fiscal year 2016-17 (FY17).

India's manufacturing PMI in February grows but more jobs lost

India's manufacturing PMI in February grows but more jobs lost

Wed, Mar 01, 2017

Indeed, the vast majority of survey participants signalled unchanged payroll numbers. Evidence provided by panellists indicated that current staffing levels were sufficient to cope with existing production requirements, Nikkei said.

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.

India's third quarter GDP growth surprises at 7%

India's third quarter GDP growth surprises at 7%

Tue, Feb 28, 2017

Analysts expected demonetisation to hit India's third quarter ended December 31, 2016 GDP growth hard but that has not been the case.

India's GDP growth is likely to be 5.8% in third quarter of FY17, says SBI

India's GDP growth is likely to be 5.8% in third quarter of FY17, says SBI

Wed, Feb 22, 2017

SBI's chief economic adviser Dr Soumya Kanti Ghosh in its Ecowrap report has said India's GDP will be at 5.8% in the third quarter (Q3) and will recover to 6.4% in the fourth quarter (Q4) of FY17.

Gold imports shrink 32.7% to $19.74 billion in April-Jan

Gold imports shrink 32.7% to $19.74 billion in April-Jan

Sun, Feb 19, 2017

According to industry experts, softening prices of the precious metal in the domestic and world markets could be the reason for the dip in imports.

Note ban punches holes in Q3 results; Cos hopeful of 'gains'

Note ban punches holes in Q3 results; Cos hopeful of 'gains'

Sun, Feb 19, 2017

An analysis of the latest-quarter results of listed firms shows that the government's ambitious exercise of withdrawing old Rs 500/1,000 notes led to adverse impact on businesses across the sectors, though not many have publicly criticised the move and the likes of Rajiv Bajaj are only an exception.

GVA growth for 2017-18 is projected at 7.4 per cent, RBI said

GVA growth for 2017-18 is projected at 7.4 per cent, RBI said

Wed, Feb 08, 2017

The Reserve Bank of India (RBI) on Wednesday said that it is keeping repo rate unchanged at 6.25%.

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