Gross Domestic Product

SBI's research report Ecowrap, in its latest edition, projected India's GDP growth for FY22 to be at 8.2-8.5%

Latest official data showed a contraction in industrial output for the first time since 2020 and a jump in the surveyed jobless rate to 6.1% in April, close to a record

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The provisional GDP grow­th rate for the year 2021-22 is estimated at 5.97 per cent, ann­ounced the Planning Ministry after a meeting of the National Accounts Committee

Citing the second highest business activity index reading in 13 months in April, rating agency Icra on Tuesday forecast the economy to grow 12-13 per cent in the first quarter of the current fiscal.

Bajaj said that to counter inflationary pressures, the central and state governments should cut taxes on petrol and diesel further

Range between RBI's 7.2% and IMF's 8.2% a reasonable prediction, says CEA

The GDP also grew by 11.9 per cent compared to the same period last year, Xinhua news agency quoted the country's national institute of statistics (INE) as saying

The report has projected government expenditure at 18.4 per cent of the GDP in 2022 and 17.1 per cent in 2023 compared to 18.6 per cent in 2021

India's CAD expanded to 2.7 per cent of GDP in the December quarter from 1.3 per cent in September quarter on account of higher import bill

The incoming govts will have to work on creating more job opportunities to bring these states' unemployment rates close to the national average, besides containing inflation and meeting poll promises

Bank of Korea data on Tuesday showed GDP expanded 4.0% in 2021, as demand for exports soared

The ratings agency said it estimates investments, as measured by gross fixed capital formation (GFCF), to grow 8.7 per cent YoY in FY23

Housing down-cycle shaved more than 1 per cent from growth annually for nearly a decade; it is turning now

The committee held the lending rate, or the repo rate , at 4%. The reverse repo rate, or the key borrowing rate, was also maintained at 3.35%

Central bank maintains FY22 GDP forecast at 9.5 per cent and projected retail inflation to be at 5.3 per cent.

However, Fitch raised GDP growth projection for the next financial year to 10.3 per cent

Afghanistan's gross domestic product likely will drop from $20 billion to $16 billion within a year, a 20% plunge, the UN Development Programme has projected

GDP remained almost flat, barely managing to expand 0.3% over the pre-Covid period of Q2 FY20

While India's economy still has to recover compared to the pre-Covid economic activities at a reasonable rate, the story around the world is no different