According to the Morgan Stanley, the structural growth story in India remains strong from a medium-term perspective
GDP was 7.1% in 2016-17 and 8% in the preceding year. It was 7.5% in 2014-15
Advance Estimates are used for computing Budget numbers such as fiscal deficit
According to HSBC, once the impact of transient factors wanes, inflation will settle around RBI's 4% target
Debroy claimed revenue worth 5 per cent of GDP is lost to exemptions and if these exemptions are eliminated, the tax-to-GDP ratio will be 22 per cent
He claimed that the Modi government will not be able to equal the UPA government's 10-year average growth rate
To achieve at least 6.7% growth for full year, Indian economy must grow by at least 7.57% in each of the Oct-Dec and Jan-Mar quarters; performance of manufacturing, services sectors to be key
Chief statistician says figure might go up once indirect tax data fully in; however, agrees pvt expenditure yet to pick up
Q2 GDP growth at 6.3%, rises from 5.7% in June quarter
This halts a five-quarter slide as businesses started to overcome teething troubles after the bumpy launch of GST
The demand has been made following a finance ministry assessment of the financial health of 14 state cos
The report assumes the Indian economy will grow at 10% (in nominal US GDP) in the next 10 years, well ahead of Japan's 1.6%
GDP, despite its known limitations, is the most used summary statistic of macroeconomic performance
GDP growth could be close to 6.5 percent for the fiscal year, he said, although that is lower than the government's earlier estimate of about 7.3 percent.
The Niti Aayog vice chairman said the country did very well from 2007-13 and the downward cycle started in 2013-14
Prasad tried to deflect the criticism arising from the steep fall in growth numbers
According to DBS, demonetisation in Nov 2016 & GST rollout in July 2017 had short term impact on economic activity
The GDP stood at a three year low at 5.7 per cent for April-June quarter of 2017-18
Nomura said ongoing remonetisation will have positive impact on cash-intensive services sectors
Terming the current scenario for exports as challenging, incoming Commerce and Industry Minister Suresh Prabhu has said that the export to Gross Domestic Product (GDP) ratio should rise significantly. Addressing the press on Wednesday, Prabhu said manufacturing growth can be leveraged through promoting exports. For the first quarter of the current financial year, the rate of exports in the GDP calculated on current prices stands at 18.2 per cent, down from the 19.3 per cent rate in the corresponding quarter of financial year 2016-17. Last week, the latest GDP data showed a three-year plunge in economic growth at 5.7 per cent in the first quarter of the current financial year, the lowest reading over the last three years of the Modi government. Prabhu said underutilization of exiting capacities in the manufacturing sector is partly responsible for this slow growth was partly caused due to underutilization of existing capacity. He added these dormant capacities can be used to fire up ...