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India GVA growth News
India GVA growth
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.
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.
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.
Rate Cut or No; RBI may lower India's growth forecast for FY18
Wed, Oct 04, 2017
RBI has kept forecast for GVA growth unchanged at 7.3% in August 2017 policy compared to June policy. Analysts expect the forecast for this indicator to be lowered for coming quarters of FY18.
Demonetisation, GST were not the only reasons for three-year low GDP in Q1FY18
Fri, Sep 01, 2017
India's GDP for first quarter of financial year 2017-18 (Q1FY18) came in at 5.7% below market expectation of 6.6%. This has resulted in Indian economy at three-year low.
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.
Gap between India's GDP and GVA widens further
Thu, Mar 02, 2017
Teresa John of Nirmal Bang in a report said, “Our earlier estimates had assumed no significant difference between GVA and GDP as both had exhibited a converging trend in the earlier quarters. However, the CSO believes that higher indirect tax collection and lower subsidies have pushed up the indirect tax component of GDP, resulting in divergence between GVA and GDP. “
Monetary Policy: RBI expects GVA growth at 7.4%, CPI Inflation at 5% by FY18
Wed, Feb 08, 2017
While maintaining a status quo on its sixth bi-monthly monetary policy, the Reserve Bank of India (RBI) pointed out on economic factors like Gross Value Added (GVA) growth and Consumer Price Index (CPI) or Retail Inflation growth for the coming fiscal year (FY18).