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GDP growth

ICRA projects GDP growth to moderate to below 6% in Q3

ICRA projects GDP growth to moderate to below 6% in Q3

Thu, Jan 18, 2024

India had registered a Gross Domestic Product (GDP) growth rate of 7.6 per cent in the July to September period. The rating agency said the year-on-year growth in ICRA Business Activity Monitor eased for the second consecutive month to a six-month low of 8.1 per cent in December 2023 -- as against 7.9 per cent in December 2022 and 9.6 per cent in November 2023.

India's GDP to surpass USD 4 trillion in 2024-25: PHDCCI Report

India's GDP to surpass USD 4 trillion in 2024-25: PHDCCI Report

Wed, Jan 10, 2024

Observing that despite global challenges, India's economy remains resilient, the report said the country is poised to attain the status of a developed economy by 2047 under the initiative of 'Viksit Bharat'.

Asia-Pacific power and renewable projects gear up for growth in 2024: Fitch Ratings

Asia-Pacific power and renewable projects gear up for growth in 2024: Fitch Ratings

Tue, Dec 26, 2023

Governments in the APAC region are expected to continue advocating for clean energy investments amid the global energy crisis.

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Moody's outlook for Indian corporate sectors stable; Telecom gets negative rating

Moody's outlook for Indian corporate sectors stable; Telecom gets negative rating

Thu, Dec 14, 2017

Telecom sector of India received a negative outlook from the Moody's Investors Service, which said that intense competition and heavy debt loads continue to pressure cash flows, ultimately driving consolidation activity towards a three player market.

ADB lowers India's 2017 growth outlook to 6.7%

ADB lowers India's 2017 growth outlook to 6.7%

Wed, Dec 13, 2017

The recovery in the Indian economy "is more subdued than assumed earlier due to rising crude oil prices, soft private investment growth, and weather-related risks to agriculture," the ADB said.

India's growth rate to accelerate to 7.2% in 2018, 7.4% in 2019: UN

India's growth rate to accelerate to 7.2% in 2018, 7.4% in 2019: UN

Tue, Dec 12, 2017

The report warned that for India "the anaemic performance of private investment remains a key macroeconomic concern." "Gross fixed capital formation as a share of GDP has declined from about 40 per cent in 2010 to less than 30 per cent in 2017," the report said.

India's GDP growth to rise to 7.5% in 2018: Morgan Stanley

India's GDP growth to rise to 7.5% in 2018: Morgan Stanley

Fri, Dec 08, 2017

The global brokerage is confident about prospects for a recovery in private capital spending as demand conditions are improving post demonetisation and GST implementation.

GDP growth in FY'19 likely to see marginal pick up at 7.2%: BofA-ML

GDP growth in FY'19 likely to see marginal pick up at 7.2%: BofA-ML

Wed, Dec 06, 2017

The country's economic growth is expected to continue with a "shallow recovery" next year, and is likely to inch up to 7.2 per cent in 2018-19 from an estimated 6.5 per cent in the current fiscal, says a report.

Fitch Ratings cut India's FY18 GDP growth forecast to 6.7%, says rebound weaker than expected

Fitch Ratings cut India's FY18 GDP growth forecast to 6.7%, says rebound weaker than expected

Mon, Dec 04, 2017

The US-based ratings agency said growth has "repeatedly disappointed" in recent quarters, partly because of one-off factors including the demonetisation programme of November 2016 and disruptions related to the implementation of the Goods and Services Tax (GST) in July 2017.

Sensex shrugs off GDP rebound, sinks 316 points

Sensex shrugs off GDP rebound, sinks 316 points

Fri, Dec 01, 2017

The 30-share benchmark, after scaling a high of 33,300.81 in early deals, slipped into the negative zone to touch 32,797.78, before settling at 32,832.94, down 316.41 points, or 0.95 per cent. This was its weakest closing since November 15, when it had finished at 32,760.44

Growth policies being drawn up for each sector: Suresh Prabhu

Growth policies being drawn up for each sector: Suresh Prabhu

Fri, Dec 01, 2017

The government is working towards drawing up policies for various sectors of the Indian economy to be able to increase their business that would, in aggregate, result in higher GDP growth, Commerce Minister Suresh Prabhu said on Friday.

Growth in manufacturing, trade and transport helped GDP data: Care

Growth in manufacturing, trade and transport helped GDP data: Care

Fri, Dec 01, 2017

The Care Ratings said "Manufacturing would continue to do well due to GST tax concessions which will help demand as well as the restocking process which should pick up."

Sensex recovers 140 points on positive GDP data

Sensex recovers 140 points on positive GDP data

Fri, Dec 01, 2017

Rise in Q2 GDP signals economic recovery: India Inc

Rise in Q2 GDP signals economic recovery: India Inc

Fri, Dec 01, 2017

India Inc. on Thursday said the rise in the second quarter (Q2) GDP numbers showed signs of economic recovery. "Growth numbers are in sync with the expectations and re-affirm that signs of recovery are in sight," said Pankaj Patel, President of Ficci.

Positive GDP data another boost for Modi govt

Positive GDP data another boost for Modi govt

Thu, Nov 30, 2017

Today's development seems to show that Indian economy is shaking off the effects of demonetisation and GST rollout after witnessing a low growth of 5.7% in the June quarter

India's economic growth may rebound as demonetisation, GST impact fades

India's economic growth may rebound as demonetisation, GST impact fades

Thu, Nov 30, 2017

Finance Minister Arun Jaitley said that India has standardised itself for a 7-8 per cent growth rate on the back of improving macroeconomic fundamentals.

Moody's says Indian corporates to see improved credit profiles in 2018

Moody's says Indian corporates to see improved credit profiles in 2018

Wed, Nov 22, 2017

The agency, however, singled out telecom sector for having a negative outlook as intensifying competition will continue to pressure revenues and margins over the next 12 months

Demonetisation cut cash in economy by 20%: Economic Survey-II

Demonetisation cut cash in economy by 20%: Economic Survey-II

Sat, Aug 12, 2017

Describing the impact of demonetisation on the Indian economy, Chief Economic Adviser (CEA) Arvind Subramanian said on Friday that there has been a 20 per cent reduction in cash in the economy.

Full Text: Here's what RBI said in its bi-monthly monetary policy

Full Text: Here's what RBI said in its bi-monthly monetary policy

Wed, Aug 02, 2017

India's central bank, the Reserve Bank of India (RBI) on Wednesday cut repo rate by 25 basis points making it the lowest since 2010. While announcing its bi-monthly monetary policy the RBI reduced the repo rate to 6% from 6.25% and slashed reverse repo rate to 5.75% from 6%.

RBI cuts repo rate by 25 basis points; lowest since 2010

RBI cuts repo rate by 25 basis points; lowest since 2010

Wed, Aug 02, 2017

The decision was taken considering the majority of MPC, as four out of six MPC members were in favour of 25 bps cut in policy rate.

10 things to know before RBI's August bi-monthly monetary policy

10 things to know before RBI's August bi-monthly monetary policy

Wed, Aug 02, 2017

Policy repo rate stands at 6.25% presently. Markets are expecting a rate cut while few analysts believe it would be another status quo in this monetary policy review.

WPI data today: How low will May wholesale inflation go?

WPI data today: How low will May wholesale inflation go?

Wed, Jun 14, 2017

Wholesale price index or wholesale inflation numbers will be revealed for the month of May on June 14, Wednesday. Analysts expect wholesale inflation to drop.

Demonetisation impact long gone from Indian markets

Demonetisation impact long gone from Indian markets

Fri, Jun 09, 2017

Indian markets faced difficult times due to demonetisation. However, this has been heavily offset by economic reforms taken during the period Dec - till date.

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