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Gross Domestic Product

GDP numbers for FY24 show discrepancies of Rs 2.59 lakh crore: NSO

GDP numbers for FY24 show discrepancies of Rs 2.59 lakh crore: NSO

Sun, Jan 07, 2024

Discrepancies in the statistical GDP data refer to the difference in national income under production method and expenditure method.

India to remain fastest-growing major economy in 2024

India to remain fastest-growing major economy in 2024

Sun, Dec 31, 2023

The growth moved up to 7.8 per cent in the June quarter and was 7.6 per cent in the September quarter. For the first six months of this fiscal, the growth was 7.7 per cent.

Turkey GDP grew 5.9% in Q3, higher than forecast

Turkey GDP grew 5.9% in Q3, higher than forecast

Thu, Nov 30, 2023

The annual reading was the highest since the second quarter of last year. Growth in the second quarter of this year was revised up to 3.9 per cent from 3.8 per cent, the data also showed.

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US economy grows 5.2% in third quarter; higher interest rates eroding momentum

US economy grows 5.2% in third quarter; higher interest rates eroding momentum

Thu, Nov 30, 2023

The U.S. economy grew faster than initially thought in the third quarter as businesses built more warehouses and accumulated machinery equipment, but momentum appears to have since waned as higher borrowing costs curb hiring and spending.

India’s FY23 GDP may come around 6%; low growth, high inflation top risks, say economists

India’s FY23 GDP may come around 6%; low growth, high inflation top risks, say economists

Sat, May 27, 2023

The gross domestic product (GDP) was forecast to have grown at an annual 5 per cent in January-March, up from 4.4 per cent in the preceding quarter.

India's Q3 GDP slows down to 4.4% on contraction in manufacturing; FY23 economic growth pegged at 7%

India's Q3 GDP slows down to 4.4% on contraction in manufacturing; FY23 economic growth pegged at 7%

Tue, Feb 28, 2023

This is the second time in a row, the GDP has gone down. The rate stood at 6.3% in the July-September quarter.

India's Q2 GDP data to be released today: Check how Indian economy is likely to perform in July-September quarter

India's Q2 GDP data to be released today: Check how Indian economy is likely to perform in July-September quarter

Wed, Nov 30, 2022

India GDP Data Release: The Reserve Bank of India (RBI) in its report had estimated the real GDP growth at 7 per cent in 2022-23 and 6.3 per cent in Q2. RBI also expects the GDP growth at 4.6 per cent in each Q3 and Q4 – with risks broadly balanced around this baseline path.

Fitch slashes India's FY23 GDP growth forecast to 7% on slowing global economy, rising interest cost

Fitch slashes India's FY23 GDP growth forecast to 7% on slowing global economy, rising interest cost

Thu, Sep 15, 2022

As per official GDP estimates, the Indian economy expanded 13.5 per cent in June quarter, higher than 4.10 per cent growth clocked in January-March

India’s GDP grows at 13.5% in Q1FY23 - Key Things To Know

India’s GDP grows at 13.5% in Q1FY23 - Key Things To Know

Wed, Aug 31, 2022

The National Statistical Office has released the data for India's Gross Domestic Product (GDP) growth at 13.5% in April-June quarter on Aug 31.

13 gold mines in Andhra Pradesh and Uttar Pradesh may be sold this month- Here's why

13 gold mines in Andhra Pradesh and Uttar Pradesh may be sold this month- Here's why

Sun, Aug 14, 2022

The states have auctioned 199 mineral blocks as on August 4. The allocation of mineral blocks through auction route kicked off after amendment in the Mining Act in 2015.

Economy on course to achieve 8-8.5% growth based on Q1 data, says Finance Ministry

Economy on course to achieve 8-8.5% growth based on Q1 data, says Finance Ministry

Tue, Jul 19, 2022

Finance ministry on Tuesday said that the economy is on course to achieve projected 8-8.5 per cent growth based on high-frequency indicators for the first quarter of the current fiscal

Real GDP growth estimated at 8.7% for FY22 vs 6.6% contraction in last fiscal

Real GDP growth estimated at 8.7% for FY22 vs 6.6% contraction in last fiscal

Tue, May 31, 2022

Real GDP or Gross Domestic Product (GDP) or the Financial Year 2021-22 (April-March) is estimated at 8.7 per cent as compared to a contraction of 6.6 per cent in 2020-21

Uttar Pradesh GSDP rises 40% in last five years: Uttar Pradesh FM Suresh Kumar Khanna

Uttar Pradesh GSDP rises 40% in last five years: Uttar Pradesh FM Suresh Kumar Khanna

Mon, Apr 18, 2022

Uttar Pradesh Finance Minister Suresh Kumar Khanna on Monday said despite the difficult situation amid the COVID-19 pandemic, the state's gross state domestic product (GSDP) increased by 40 percent in the last five years.

Indian economy poised for recovery, but high crude prices worrisome : CEA V Anantha Nageswaran

Indian economy poised for recovery, but high crude prices worrisome : CEA V Anantha Nageswaran

Thu, Feb 24, 2022

Chief Economic Advisor (CEA) V Anantha Nageswaran on Thursday said that the Indian economy is now poised for recovery but high crude oil price is a cause for concern.

Moody's ups India's growth forecast to 9.5% for 2022; 8.4% for next fiscal

Moody's ups India's growth forecast to 9.5% for 2022; 8.4% for next fiscal

Thu, Feb 24, 2022

"We have raised our 2022 calendar year growth forecasts for India to 9.5 per cent from 7 per cent, and maintained our forecast for 5.5 per cent growth in 2023. This translates into 8.4 per cent and 6.5 per cent in fiscal years 2022-23 and 2023-24, respectively," Moody's said in a statement

Budget 2022 Expectations: Consumer confidence to be restored?

Budget 2022 Expectations: Consumer confidence to be restored?

Fri, Jan 21, 2022

To restore consumer confidence, which was severely dented by waves of the Covid-19 pandemic and to sustain the growth recovery, the Budget is expected to provide support through various measures.

Market Outlook 2022- Investors likely to make good money in next 10 years; invest in new-age companies: Raamdeo Agrawal of Motilal Oswal

Market Outlook 2022- Investors likely to make good money in next 10 years; invest in new-age companies: Raamdeo Agrawal of Motilal Oswal

Wed, Jan 05, 2022

Investors are likely to make good money over the next 10 years and planning for long term investment in new-age companies was required, Raamdeo Agrawal, Chairman and Co-Founder at Motilal Oswal Financial Services Ltd tells Zee Business Managing Director Anil Singhvi in a show 'Market Outlook 202

IMF delays release of new forecast to January 25 to factor in COVID-19 developments

IMF delays release of new forecast to January 25 to factor in COVID-19 developments

Wed, Jan 05, 2022

The International Monetary Fund’s spokesperson has said on Tuesday that the World Economic Outlook would be released on Jan. 25, a week later than anticipated, to take into account the latest COVID-19 developments, amid concerns that another downgrade is on the way.

Rupee pares initial losses, settles almost flat at 74.28/USD in first trading session of 2022

Rupee pares initial losses, settles almost flat at 74.28/USD in first trading session of 2022

Mon, Jan 03, 2022

The rupee pared its initial losses and closed with slim gains in the first trading session of 2022 on Monday, tracking positive domestic equities.

India’s Q2FY22 GDP: 8.4% YoY growth reported - Key things to know

India’s Q2FY22 GDP: 8.4% YoY growth reported - Key things to know

Tue, Nov 30, 2021

India reported an 8.4 per cent growth in its Gros Domestic Product (GDP) for July-September 2021 quarter which is estimated at Rs 35.73 lakh crore at Constant (2011-12) versus 32.97 lakh crore during the corresponding period in FY21 according to a data released by the NSO on Tuesday

India's Q2FY22 GDP growth likely at 7.8-9.6% YoY on demand improvement, service sector rebound, vaccination: Reports

India's Q2FY22 GDP growth likely at 7.8-9.6% YoY on demand improvement, service sector rebound, vaccination: Reports

Tue, Nov 30, 2021

While Barclays forecasts the GDP expansion at 9.6% YoY in Q3CY21 (July-September or Q2 of fiscal year 2021-22) aided by a strong rebound in service sector, HDFC Bank estimated the July-September GDP growth at 7.8% y-o-y. SBI forecasts GDP growth for Q2 FY22 to be around 8.1%

Government health expenditure share in GDP increases from 1.15% to 1.35%

Government health expenditure share in GDP increases from 1.15% to 1.35%

Mon, Nov 29, 2021

There has been an increase in the share of government health expenditure in the total GDP of the country, according to the National Health Account Estimate report. It has increased from 1.15 per cent in 2013-14 to 1.35 per cent in 2017-18.

Indian GDP to grow 7.8% in Q2, 9.4% in FY22: HDFC Bank Report

Indian GDP to grow 7.8% in Q2, 9.4% in FY22: HDFC Bank Report

Wed, Nov 24, 2021

Real GDP will grow 9.4 per cent in FY22 and decelerate to 7.5 per cent for FY23 as the base effects result in the higher growth in the ongoing fiscal wear-off, according to the report by economists at HDFC Bank released on Wednesday

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