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Barclays Raises India's GDP Growth Estimate | Will Strong GDP Figures Boost Market Confidence?

Barclays Raises India's GDP Growth Estimate | Will Strong GDP Figures Boost Market Confidence?

Fri, Dec 01, 2023

Editors Take | Q2 GDP growth strong, more than expected, Barclays increased India's GDP growth estimate, how much enthusiasm will the GDP figures bring to the market? Will FIIs be attracted towards the market due to GDP growth? Know from AnilSinghvi...

India360: GDP growth figures were as per estimates

India360: GDP growth figures were as per estimates

Thu, Aug 31, 2023

GDP Growth: GDP growth figures remained as expected, year-on-year decline, but quarter-on-quarter growth increased from 6.1% to 7.8%, see Aditi Nair, Chief Economist, ICRA's special conversation

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.

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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.

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.

India's GDP Grews By 6.1% In Jan-Mar Quarter; FY23 GDP Reaches 7.2%

India's GDP Grews By 6.1% In Jan-Mar Quarter; FY23 GDP Reaches 7.2%

Wed, May 31, 2023

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.

Finance Minister Sitharaman at IMF meet says India projected to grow at 7% in 2022-23

Finance Minister Sitharaman at IMF meet says India projected to grow at 7% in 2022-23

Sat, Apr 15, 2023

Finance Minister Sitharaman underlined the learning from the pandemic that digitalisation, especially digital public infrastructure (DPI) is a positive-catalyst for the global economy and how India`s DPI revolutionised access and created a vibrant entrepreneurial ecosystem.

Stock Market HIGHLIGHTS: Sensex ends 449 pts higher, Nifty reclaims 17,450 as bulls return to D-Street after eight days

Wed, Mar 01, 2023

Stock Market HIGHLIGHTS: Indian equity benchmarks Sensex and Nifty50 finished higher on Wednesday, shrugging off weakness across global markets as fears persisted among investors about higher-for-longer benchmark interest rates. Gains across sectors pushed the headline indices higher, with financial, IT, metal and oil & gas shares being the biggest boosts. Official GDP data released on Tuesday showed India's economic growth slowed to 4.4 per cent in October-December 2022 but stood in tandem with RBI estimates. A majority of auto shares rose as the likes of Maruti Suzuki, Tata Motors, TVS and Mahindra & Mahindra reported their monthly sales numbers.

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 GDP growth slows down to 4.4% in December quarter

India's GDP growth slows down to 4.4% in December quarter

Tue, Feb 28, 2023

India’s GDP expanded at an annual 4.4 per cent in the October-December period, in line with an RBI estimate, according to official data released on Tuesday. The GDP growth has slowed down sequentially for a second straight time.

India GDP data today: Economic growth likely to have slowed to 4.6% in December quarter

India GDP data today: Economic growth likely to have slowed to 4.6% in December quarter

Tue, Feb 28, 2023

India GDP growth rate: An official reading of changes in the country's GDP in the quarter ended December 2022 is due later on Tuesday, February 28. According to Zee Business research, the economy is likely to have expanded 4.6 per cent in the period — the third quarter of the current financial year.

Stock Market HIGHLIGHTS: Sensex ends 522 pts below day's high, Nifty50 near 17,300 ahead of GDP data

Tue, Feb 28, 2023

Stock Market HIGHLIGHTS: Indian equity benchmarks Sensex and Nifty50 extended losses to the eighth session in a row on Tuesday amid cautious gains across global markets as investors continue to fret over the possibility of aggressive hikes in interest rates and their impact on growth. Investors await key data on India's GDP due later in the day for domestic cues.

RBI Monetary Policy: Inflation Projected At 6.7%, GDP Growth Seen At 7.2% This Fiscal

RBI Monetary Policy: Inflation Projected At 6.7%, GDP Growth Seen At 7.2% This Fiscal

Wed, Jun 08, 2022

Real GDP growth for the year has been retained at 7.2%. MPC noted that inflation is likely to remain elevated for the first three quarters of the current financial year, seeing inflation fot the year at 6.7%.

GDP likely to grow more than 9.5% in FY22: SBI

GDP likely to grow more than 9.5% in FY22: SBI

Wed, Dec 01, 2021

The country's gross domestic product (GDP) is likely to grow more than 9.5 per cent in fiscal 2021-22, an SBI research report-Ecowrap said.

GDP likely to grow at 10% in FY22: Economic Advisory Council Chairman Bibek Debroy

GDP likely to grow at 10% in FY22: Economic Advisory Council Chairman Bibek Debroy

Wed, Nov 17, 2021

India's economy is moving towards a higher growth trajectory and is likely to grow at around 10 per cent in 2021-22, Economic Advisory Council to the Prime Minister (EAC-PM) Chairman Bibek Debroy said on Wednesday.

Indian economy outlook 2021: This is why FY 2021 GDP performance will be better than projection—Finance Ministry EXPLAINS

Indian economy outlook 2021: This is why FY 2021 GDP performance will be better than projection—Finance Ministry EXPLAINS

Sat, Mar 06, 2021

With the economic activity gaining momentum post Covid 19 lockdown and rollout of coronavirus vaccines, the Indian economy is likely to do better than the projection of an 8 per cent shrinkage in the current fiscal, says Finance Ministry.

Government pegs FY19 GDP growth at 7.2%: Which sectors will boost Indian economy?

Government pegs FY19 GDP growth at 7.2%: Which sectors will boost Indian economy?

Tue, Jan 08, 2019

The Central Statistics Office (CSO) predicts Indian economy to grow at a rate of 7.2% by end of fiscal 2019, which is higher compared to 6.7% in the previous fiscal. What is noteworthy is that Indian government’s estimate for GDP is lower compared to RBI’s projection of 7.4%.

Nomura optimistic on India; sees GDP to grow by 7.7 pct in January-March

Nomura optimistic on India; sees GDP to grow by 7.7 pct in January-March

Mon, May 14, 2018

Nomura says despite the moderation in March, industrial production growth averaged 6.2 per cent in the January-March period, up from 5.9 per cent in Q4 (October-December).

India GDP growth forecast: World Bank says 8 pct acceleration possible, but there is a catch

India GDP growth forecast: World Bank says 8 pct acceleration possible, but there is a catch

Wed, Mar 14, 2018

India GDP growth forecast: India's economic growth had slipped to a three year low of 5.7 per cent in April-June quarter of the current fiscal, though it recovered in the subsequent quarters. The economy is expected to grow at 6.6 per cent in the current fiscal ending March 31, as per the second advanced estimates of the Central Statistics Office (CSO), compared to 7.1 per cent in 2016-17. The earlier estimate was 6.5 per cent.

First revised GDP estimates of FY15, FY16 and FY17 to be released today

First revised GDP estimates of FY15, FY16 and FY17 to be released today

Wed, Jan 31, 2018

Based on these estimate, then accordingly the CSO will revise further the GDP and GVA estimate for FY18 as second advance estimate on February 2018.

IMF's 7.4% growth forecast for India in FY19 a boost to Modi govt

IMF's 7.4% growth forecast for India in FY19 a boost to Modi govt

Tue, Jan 23, 2018

IMF in its World Economic Outlook update, January 2018, said that India will grow 7.4% and 7.8% in FY19 and FY20, respectively.

Government hopeful of higher GVA in agriculture sector in 2017-18

Government hopeful of higher GVA in agriculture sector in 2017-18

Mon, Jan 08, 2018

Following release of the Advance Estimate (AEs) of GDP and GVA for the economy for 2017-18, the Ministry of Agriculture and Farmers` Welfare on Sunday said that the agriculture sector is estimated to register a higher GVA in the next financial year.

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