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For 3rd consecutive year, India's nominal GDP growth will be strongest in Asia: Morgan Stanley

For 3rd consecutive year, India's nominal GDP growth will be strongest in Asia: Morgan Stanley

Tue, Jan 16, 2024

Within Asia, India offers a compelling opportunity from a domestic demand alpha standpoint, the report said.

7.3% GDP growth very positive, economic climate encouraging: SBI chairman

7.3% GDP growth very positive, economic climate encouraging: SBI chairman

Wed, Jan 10, 2024

State Bank of India chairman Dinesh Kumar Khara on Wednesday termed the 7.3 per cent growth estimate for the country for FY24 as a "very positive" development.

India's GDP growth is reflection of transformative reforms of last 10 years: PM Modi

India's GDP growth is reflection of transformative reforms of last 10 years: PM Modi

Sat, Dec 09, 2023

Addressing the 'Infinity Forum 2.0' conference at the GIFT City here via video link, Modi said his government wants to turn the Gujarat International Finance Tec (GIFT) City into a global nerve centre of the new age global financial and technology services.

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India is keen to increase its manufacturing share in GDP from 17% to 25%: Union Minister Hardeep Puri

India is keen to increase its manufacturing share in GDP from 17% to 25%: Union Minister Hardeep Puri

Sat, Sep 30, 2023

Addressing the 118th Annual Convention of the PHD Chamber of Commerce and Industry (PHDCCI), Hardeep Singh Puri said, "Global supply chains are realigning. India is emerging as an alternative supply source given its raw materials, low labour costs, growing manufacturing know-how, and entrepreneurial ability.

India to be third largest contributor to global GDP, says CEA

India to be third largest contributor to global GDP, says CEA

Thu, Jun 15, 2023

India will be the third largest contributor to the global gross domestic product (GDP) this year, Chief Economic Advisor, Dr V. Anantha Nageswaran said on Thursday.

9 Years of Modi: Unveiling India's Digital & Economic Revolution from Digital India to Make in India

9 Years of Modi: Unveiling India's Digital & Economic Revolution from Digital India to Make in India

Thu, Jun 08, 2023

Prime Minister Modi-led NDA government has completed nine years in office! When PM Modi took oath for the first time, his moto was Sabka Sath, Sabka Vikas, and with this the BJP government embarked upon their journey in 2014 to create an India that is self-sufficient in all aspects. 9 years have passed by, and it is now time to look back at the progress that the country has made in various sectors.

Financial experts applaud India's resilient economy and growth story

Financial experts applaud India's resilient economy and growth story

Fri, Jun 02, 2023

India's economy continued to show resilience and strong growth in the fourth quarter of the FY23. With a total size of $3.3 trillion, this accomplishment has increased the yearly growth rate to 7.2%. Commenting on this, top financial minds hailed the India’s astonishing achievement.

GDP growth to 5.5% for FY24 in India, predicts J.P. Morgan

GDP growth to 5.5% for FY24 in India, predicts J.P. Morgan

Thu, Jun 01, 2023

J.P. Morgan raised its forecast for India's annual growth by 50 basis points to 5.5% for fiscal 2024.

Pace of India's GDP growth increases!

Pace of India's GDP growth increases!

Thu, Jun 01, 2023

Today i,e, 1st June 2023, is considered to be a very important trigger for the stock market. Today has proved to be a very important day for the Indian economy and an increase in the rate of GDP growth has been seen. Know the latest updates of the share market.

Commodities Live: India's GDP Grows At 6.1% In January-March 2023, Shows Govt Data

Commodities Live: India's GDP Grows At 6.1% In January-March 2023, Shows Govt Data

Wed, May 31, 2023

Today there has been a huge fall in the prices of crude oil. Brent crude slipped below $72. While the Gold was trading above Rs 60,000 on MCX. Apart from this, there has been a consecutive decline in the base metals. Palm oil fell to a 9-month low. Apart from this, the latest figures of India's GDP have come today. India's GDP grew 6.1 per cent in the fourth quarter of FY23, according to official data released by the government. This is better than what the RBI and most economists had predicted.

India's GDP soars with 6.1% in Q4, manufacturing sector boosts recovery

India's GDP soars with 6.1% in Q4, manufacturing sector boosts recovery

Wed, May 31, 2023

India's economy is on the rise as it records a growth rate of 6.1% in Q4, driven by a resurgence in manufacturing activity. The government data reveals a significant improvement from the previous quarters, indicating a positive economic outlook.

RBI growth estimate too optimistic, will pivot to rate cuts in October: Nomura

RBI growth estimate too optimistic, will pivot to rate cuts in October: Nomura

Fri, Apr 07, 2023

Nomura said it agrees with the Reserve Bank's projections on price rise, and said that the worst of headline inflation is behind us.

India's GDP growth to remain ‘strong’ among South Asian economies: UN

India's GDP growth to remain ‘strong’ among South Asian economies: UN

Sat, Feb 25, 2023

The UN report said growth in India is expected to remain strong at 5.8 per cent, albeit slightly lower than the estimated 6.4 per cent in 2022, as higher interest rates and a global slowdown weigh on investment and exports.

Workers with advanced digital skills contribute Rs 10.9 lakh cr to India's GDP, says study

Workers with advanced digital skills contribute Rs 10.9 lakh cr to India's GDP, says study

Wed, Feb 22, 2023

According to the study conducted by Gallup on behalf of AWS, workers with advanced digital skills earn 92 per cent higher salaries in India compared to those with a similar education who do not use digital skills at work.

Union Budget 2023: UBS expects Modi government’s last full budget to focus on rural economy and infrastructure

Union Budget 2023: UBS expects Modi government’s last full budget to focus on rural economy and infrastructure

Tue, Jan 17, 2023

UBS India economist Tanvee Gupta Jain expects the upcoming budget to increase rural/agri spending by $10 billion

Indian economy estimated to grow at 7 pc in 2022-23, as against 8.7 pc expansion in FY22: Govt data

Indian economy estimated to grow at 7 pc in 2022-23, as against 8.7 pc expansion in FY22: Govt data

Fri, Jan 06, 2023

The output of the manufacturing sector is estimated to slide down to 1.6 per cent as against a growth of 9.9 per cent in 2021-22, as per the recent estimates.

India’s economic growth to beat expectations in 2023, believes Credit Suisse: Know what triggers will drive growth next year

India’s economic growth to beat expectations in 2023, believes Credit Suisse: Know what triggers will drive growth next year

Thu, Dec 15, 2022

The brokerage reasons it out in its statement on economic growth as ‘many broad-based high-frequency indicators, including consumption of energy, point to growth being stronger than reported.’

Q2 GDP data to be released on November 30; SBI Research pegs growth at 5.8%

Q2 GDP data to be released on November 30; SBI Research pegs growth at 5.8%

Mon, Nov 28, 2022

The SBI forecast, based on its composite leading index which is a basket of 41 leading indicators based on monthly data, shows declining economic activity between June and September but increased economic activity in October making Q3 growth more optimistic.

India 360: India's GDP Growth Forecast Continues To See Cuts, $5 Trillion Economy Target Postponed To 2027

India 360: India's GDP Growth Forecast Continues To See Cuts, $5 Trillion Economy Target Postponed To 2027

Tue, Nov 22, 2022

CRISIL reduced the growth forecast for the second quarter of the financial year 2022-23 by 0.30% to 7%, while ICRA expected it to be 6.5%. The government estimates that inflation will reach the tolerance band of 2-6 per cent in FY23-Q4. India, now eyes achieving the $5 trillion economy mark by FY27. According to experts, the pace of India's growth has slowed down due to the Corona-War. Watch this special report on India 360.

Why Morgan Stanley believes India to become world’s 3-largest economy, stock market by this decade-end – know factors

Why Morgan Stanley believes India to become world’s 3-largest economy, stock market by this decade-end – know factors

Tue, Nov 01, 2022

India is gaining power in the world economy, and in Morgan Stanley's opinion these idiosyncratic changes imply a once-in-a-generation shift and an opportunity for investors and companies.

ADB cuts India's GDP growth forecast for FY23 to 7% on high inflation, monetary tightening

ADB cuts India's GDP growth forecast for FY23 to 7% on high inflation, monetary tightening

Wed, Sep 21, 2022

India's economy grew 13.5 per cent year-on-year in the first quarter of 2022-23, reflecting strong growth in services, ADB said in a supplement to its flagship ADO report on Wednesday.

India Q1 GDP data to be released today: Estimated range 13% to 15.7%

India Q1 GDP data to be released today: Estimated range 13% to 15.7%

Wed, Aug 31, 2022

According to rating agency ICRA the Gross Domestic Product (GDP) is expected to grow at 13 per cent, while State Bank of India in its report pegged the growth rate at 15.7 per cent.

Sustained growth of 7 to 7.5% for next 25 years achievable, says Bibek Debroy

Sustained growth of 7 to 7.5% for next 25 years achievable, says Bibek Debroy

Wed, Aug 31, 2022

India, the world's sixth largest economy with a GDP of USD 2.7 trillion, is currently classified as a developing nation.

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