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Indian GDP Growth News
Indian GDP Growth
Nirmala Sitharaman accepts Indian GDP growth is slow but blasts recession rumours
Wed, Nov 27, 2019
Even though the gross domestic product (GDP) growth might have slowed, the country had not entered a recessionary phase, said Finance Minister Nirmala Sitharaman in Parliament on Wednesday.
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.
GST to boost GDP growth by 4.2%, make products cheaper: US Fed paper
Sun, Apr 23, 2017
"GST is expected to raise overall Indian welfare and is projected to be an inclusive policy in that it would be welfare improving for all Indian states," the paper dated March 24 said.
9 things to watch out for before RBI's bi-monthly monetary policy
Thu, Apr 06, 2017
RBI's repo and reverse repo rates are kept unchanged at 6.25% and 5.75% respectively, where it has been since October 2016. Marginal standing facility (MSF) rate and bank rate at 6.75% each.
India's GDP growth to pick up again to 7.6% next year on improving consumption, timely rains: DBS
Fri, Mar 31, 2017
DBS has predicted India's GDP growth to pick up again to 7.6% next year on improving consumption, timely rains, higher public sector spending, and better export growth.
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.