Page 5 - India Gdp Growth

ADB scales down India's economic growth forecast for this fiscal to 10%

The Asian Development Bank on Wednesday revised down India's economic growth forecast for the current fiscal to 10 per cent, from 11 per cent predicted earlier

India to post strong GDP growth in coming quarters even with inflation: S&P

India is expected to post strong economic growth in the coming quarters, even as inflation, led by food prices, is likely to remain elevated, S&P Global Ratings said on Wednesday. The economy is expected to clock 9.5 per cent growth in the current fiscal year, followed by 7 per cent expansion in the next year, it said, adding high nominal GDP growth would be important for ensuring fiscal consolidation going forward. "Given India's weak fiscal settings and high stock of debt around 90 per cent of GDP, the nominal GDP growth is going to be very important to prevent any further erosion of fiscal settings in the country and to enable some degree of fiscal consolidation going forward," S&P Global Ratings Director (Sovereign) Andrew Wood said. He said the fiscal deficit would remain elevated over the next two years but debt/GDP ratio is expected to stabilise or flatten out. Wood further said India's external position has strengthened in the context of the pandemic and India has been

GDP: The base matters but it is not the only thing that matters

Economic recovery is taking place: you can argue over its pace but denying it altogether is being wilfully blind.

Low base not sole contributor to GDP growth in June quarter: CEA

'The decline and the subsequent recovery was not reflecting anything about the fundamentals of the economy. It is only reflecting the economic restrictions that were placed or removed', said CEA

Jobs lost, wages cut: India's world-beating GDP masks pain of the pandemic

An economy that performs well below potential for too long will suffer a permanent loss, writes Andy Mukherjee.

Low base pushes up India's economic growth way ahead of others in Q1 FY22

Q1 GDP data: India's economic growth closer to UK's

Q1 GDP growth to set tone for economic revival in coming quarters: NITI VC

India's growth rebound in the first quarter of this fiscal will be the foundation of sustained expansion in successive quarters, Niti Aayog Vice Chairman Rajiv Kumar said on Tuesday

Top headlines: India's Q1 GDP grows 20.1%; PayU buys BillDesk for $4.7 bn

Business Standard brings you the top stories this evening

BSE m-cap hits Rs 250 trn as Sensex zooms 663 pts, Nifty climbs 17,100

Bharti Airtel (up 6.7 per cent) was the biggest gainer on the Sensex today, followed by Bajaj Finance, Bajaj Finserv, Asian Paints, TCS, Titan, and Tech Mahindra

India's GDP expected to grow at 22-23% in June quarter: Acuite Rating

The intensity of the second wave of Coronavirus (Covid-19) and the subsequent lockdowns across almost all states disrupted the contact intensive services again in Q1

GDP growth likely touched record in April-June, riding on weak base: Poll

Reuters poll of 41 economists confirmed gross home product rose 20.0% in the three-month interval, in contrast with a record contraction of 24.4% in the identical quarter a year earlier

India's GDP likely to grow at 18.5% in Q1FY22: SBI report

The country's gross domestic product (GDP) is expected to grow at around 18.5 per cent with an upward bias in the first quarter of the current financial year, according to SBI research report Ecowrap

Ind-Ra revises GDP growth projection to 9.4% in FY22 and 15.3% in Q1

In June, the rating agency had said that the GDP would grow by 9.6 per cent if the country is able to vaccinate its entire adult population by December 31 this year

India's GDP likely to grow 13-23% in first quarter, say economists

The IIP was up 45 per cent in the first quarter due to the 134.63 per cent rise in April owing to a low base

MPC reassures status quo on rates, but changes view on inflation

The temporary supply shocks that have led to higher inflation has been kept aside by the MPC while focusing on growth

Covid 3rd wave may pull GDP growth down to 7%: Economist Abhijit Banerjee

Nobel laureate economist Abhijit Vinayak Banerjee on Thursday apprehended that the impending third wave of the COVID-19 pandemic might adversely impact the GDP

India's GDP growth expected to be 8.8-9% in FY22: Care Ratings

The country's gross domestic product (GDP) growth is likely to be 8.8 to 9 per cent in the current financial year, driven by agriculture and industry sectors, Care Ratings said in a report.

Top headlines: Govt may get 30% more from asset sale, Q1 GDP growth at 22%

Business Standard brings you the top headlines on Friday

India's June services PMI at 41.2, the fastest drop in 11 months

This is expected to affect GDP growth rate during April-June quarter

India's CAD stood at 1% of GDP in Q4FY21, full year in surplus at 0.9%

Experts say surge in gold imports contributed to widening of CAD in Q4FY21, in spite of spike in exports