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Indian economy to grow 7.3% in 2023-24: Government estimates

Indian economy to grow 7.3% in 2023-24: Government estimates

Fri, Jan 05, 2024

GDP at current prices in the year 2023-24 is estimated at Rs 296.58 lakh crore against the provisional estimate of GDP of Rs 272.41 lakh crore for the year 2022-23, released on May 31, 2023, it stated.

China's frail Q2 GDP growth raises urgency for more policy support

China's frail Q2 GDP growth raises urgency for more policy support

Mon, Jul 17, 2023

Private fixed-asset investment shrank 0.2 per cent in the first six months, a sharp contrast to the 8.1 per cent growth in investment by state entities, suggesting weak private business confidence.

Anil Singhvi On China GDP | China's GDP Up 4.5% (YoY) In Q1, What Data Is Indicating? Watch Here

Anil Singhvi On China GDP | China's GDP Up 4.5% (YoY) In Q1, What Data Is Indicating? Watch Here

Tue, Apr 18, 2023

China's GDP up 4.5% (YoY) in Q1, what do the data say? Why is the dollar index and bond yields strong? Where is the focus of the US markets? What is special in the global market today? Know from Anil Singhvi.

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China's economic recovery speeds up, global headwinds point to bumpy outlook

China's economic recovery speeds up, global headwinds point to bumpy outlook

Tue, Apr 18, 2023

China's gross domestic product (GDP) grew 4.5 per cent year-on-year in the first three months of the year, data from the National Bureau of Statistics showed on Tuesday, faster than the 2.9 per cent in the previous quarter and beating analyst forecasts for a 4 per cent expansion.

China lowers GDP target to 5.5% for 2022

China lowers GDP target to 5.5% for 2022

Sat, Mar 05, 2022

China on Saturday lowered its GDP target to 5.5 per cent for this year from last year's 6.1 per cent.

China Q3 GDP growth hits 1-year low, raising heat on policymakers

China Q3 GDP growth hits 1-year low, raising heat on policymakers

Mon, Oct 18, 2021

China`s economy grew at the slowest pace in a year in the third quarter, hurt by power shortages, supply bottlenecks and sporadic COVID-19 outbreaks and raising heat on policymakers amid rising jitters over the property sector.

China sets 2019 GDP growth target at 6-6.5%

China sets 2019 GDP growth target at 6-6.5%

Tue, Mar 05, 2019

President Xi Jinping has called for maintaining stability across the board in year a filled with politically sensitive anniversaries, including the 70th year of Communist Party rule and 30 years since the military crushed the Tiananmen Square protests.

China's Q2 GDP growth seen easing to around 6.7 percent - official think tank

China's Q2 GDP growth seen easing to around 6.7 percent - official think tank

Sat, May 19, 2018

The forecast was slightly slower than the 6.8 percent expansion posted in the first quarter. The SIC is an official think tank affiliated with the National Development and Reform Commission, the country`s top economic planning agency.

China's $175bn defence budget three times higher than India's

China's $175bn defence budget three times higher than India's

Mon, Mar 05, 2018

China's defence budget: China has the world`s largest standing Army and spends the most on defence after the US in the world. President Xi Jinping has vowed to make the Chinese Army a modern force by cutting down its troops.

China fourth-quarter GDP grows 6.8% year-on-year, beats expectations

China fourth-quarter GDP grows 6.8% year-on-year, beats expectations

Thu, Jan 18, 2018

Chinese policymakers have been trying to contain financial risks and slow an explosive build-up in debt without stunting economic growth.

China to not set target to double GDP from 2021

China to not set target to double GDP from 2021

Thu, Oct 26, 2017

The government will not solely pursue economic growth and will emphasise the quality of its growth.

China third quarter GDP growth likely to cool as property, debt curbs bite

China third quarter GDP growth likely to cool as property, debt curbs bite

Thu, Oct 19, 2017

China is expected on Thursday to post a modest slowdown in third quarter economic growth from the previous quarter as the government`s efforts to rein in the property market and debt risks weigh on activity in the world`s second-largest economy.

China factory growth fastest in three months as new orders, output rise

China factory growth fastest in three months as new orders, output rise

Fri, Jun 30, 2017

China`s manufacturing sector expanded at the quickest pace in three months in June, buoyed by strong production and new orders, reassuring news for authorities trying strike a balance between deleveraging and keeping the economy on an even keel.

China's second-quarter GDP growth seen at around 6.8%, says State Information Center

China's second-quarter GDP growth seen at around 6.8%, says State Information Center

Sat, May 20, 2017

China's economic think tank the State Information Center has recently said in an article that the country's economy is likely to expand around 6.8% in the second quarter of 2017.

China's first quarter GDP growth picks up to 6.9%, beats forecast

China's first quarter GDP growth picks up to 6.9%, beats forecast

Mon, Apr 17, 2017

Analysts polled by Reuters had expected the world`s second-largest economy to have expanded by a steady 6.8% in the quarter, the same pace as in the fourth quarter of 2016.

China's economy to grow by 6.8% in Q1: Report

China's economy to grow by 6.8% in Q1: Report

Sun, Apr 09, 2017

Goldman Sachs expected China's industrial production to rise 6.4% in March, slightly higher than the 6.3% growth for January and February.

China sets 2017 growth target at 25-year low

China sets 2017 growth target at 25-year low

Sun, Mar 05, 2017

China`s 6.7% growth last year outpaced most other economies and accounted for more than 30% of global growth, according to the report.

China banks extend record 12.65 trillion yuan in loans in 2016 as debt worries mount

China banks extend record 12.65 trillion yuan in loans in 2016 as debt worries mount

Thu, Jan 26, 2017

China's banks have extended a record 12.65 trillion yuan ($1.84 trillion) of loans in 2016 as the government encouraged more credit-fueled stimulus to meet its economic growth target.

IMF cuts India's GDP forecast for FY17 to 6.6%

IMF cuts India's GDP forecast for FY17 to 6.6%

Mon, Jan 16, 2017

The International Monetary Fund (IMF) cut India's growth forecast for the current financial year (FY17) by 1% and cut it by 0.4% for the next fiscal year. The reason for this is primarily due to the demonetisation move taken by the government in November 2016.

World stocks hit 1-1/2 year high after strong China data

World stocks hit 1-1/2 year high after strong China data

Thu, Jan 05, 2017

World stocks hit their highest level since mid-2015 on Thursday after strong Chinese data added to the optimism about global growth and inflation that has been driving markets since the start of the new year.

India's GDP growth will be better than China's: Fitch Ratings

India's GDP growth will be better than China's: Fitch Ratings

Fri, Nov 25, 2016

In October 2016, Fitch forecast 7.4% growth for the current fiscal for India.

Sensex trading flat after biggest rally in 5 months

Sensex trading flat after biggest rally in 5 months

Wed, Oct 19, 2016

UPDATE: At 0956 hours markets spiralled downwards as Sensex fell 0.11% to 28,022.51 points and Nifty 50 fell 0.08% to 8,671.30 points.

China's GDP growth stable at 6.7% in third quarter: Govt

China's GDP growth stable at 6.7% in third quarter: Govt

Wed, Oct 19, 2016

China's growth was steady at 6.7% in the third quarter (Q3), government data showed on Wednesday, a sign of stabilisation in the world's second-largest economy. The results slightly exceeded the median analyst expectation of 6.6% in an AFP poll.

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