Page 11 - Latest Updates on Gross Domestic Product (GDP)
World Bank lowers Pak growth rate at 2.4% in FY20 on tight monetary policy
"Pakistan's growth is expected to rise to 3 per cent in the next fiscal year after bottoming out at 2.4 per cent in FY2019-20, which ends June 30," the World Bank said
 "World Bank lowers Pak growth rate at 2.4% in FY20 on tight monetary policy")
Yashwant Sinha questions 'imaginary' GDP numbers, says economy in bad shape
Talking to reporters, Sinha also demurred Prime Minister Narendra Modi holding "pre-budget consultation", saying it is "unprecedented" and asked what the latter's Finance Minister is doing
 "Yashwant Sinha questions 'imaginary' GDP numbers, says economy in bad shape")
India's GDP growth for FY20 maybe just 5%; lowest in 11 years
In nominal terms, India's gross domestic product is expected to grow at 7.5 per cent, a multi-decade low, suggesting that tax revenues and individual incomes may remain under stress
 "India's GDP growth for FY20 maybe just 5%; lowest in 11 years")
Share of investment in GDP to hit all-time low in FY20: Advance estimates
India's investment activity growth is also estimated to touch a 17-year low in FY20
 "Share of investment in GDP to hit all-time low in FY20: Advance estimates")
GDP advance estimates: Farm growth likely to remain subdued at 2.8% in FY20
Food inflation may increase; farmer income to see reversal after 4-year fall
 "GDP advance estimates: Farm growth likely to remain subdued at 2.8% in FY20")
Govt set to breach fiscal deficit target, shows GDP advance estimates
If the fiscal deficit for the year can be maintained at Rs 7.04 trillion, the deficit as a percentage of GDP will slip to 3.44 per cent
 "Govt set to breach fiscal deficit target, shows GDP advance estimates")
Record industrial slump to restrict GDP growth to 5% this year
NSO sees investment growth at 0.97%, lowest in 15 years
 "Record industrial slump to restrict GDP growth to 5% this year")
India predicts slower 5% growth, likely prompting budget stimulus
The government is expected to announce tax concessions for individuals and increase spending on infrastructure after cutting corporate tax rates last year
 "India predicts slower 5% growth, likely prompting budget stimulus")
India's GDP growth rate for 2019-20 estimated at 5% against 6.8% in FY19
GDP growth stood at 4.8 per cent for the first half of the current fiscal year
 "India's GDP growth rate for 2019-20 estimated at 5% against 6.8% in FY19")
Former Karnataka CMs hit out at PM Narendra Modi over state visit
Kumaraswamy said Karnataka's coffer has dried up, financial position is in doldrums and the revenue has plummeted.
 "Former Karnataka CMs hit out at PM Narendra Modi over state visit")
Restore data credibility
Govt move to set up new panel of statisticians welcome
 "Restore data credibility")
Housing Finance Companies growth to remain subdued: Care Ratings
Funding challenges and slow GDP growth continue to spoil the show
 "Housing Finance Companies growth to remain subdued: Care Ratings")
Unravelling India's growth story
Major structural reforms are needed to raise growth rates to the highs achieved between 2003 and 2008
 "Unravelling India's growth story")
Govt must batten down on expenditure, play long innings to fix economy
NRI and foreign economists should be ignored as completely as commentators are ignored by top class batsmen, writes TCA Srinivasa Raghavan.
 "Govt must batten down on expenditure, play long innings to fix economy")
It's India's 'Great Slowdown', economy headed to ICU: Ex-CEA Subramanian
India's GDP growth in the July-September quarter slowed to a six-year low of 4.5 per cent. This was the sixth consecutive quarter when the growth rate had fallen.
 "It's India's 'Great Slowdown', economy headed to ICU: Ex-CEA Subramanian")
GDP and IIP gap may widen to over 900 bps in third quarter, says Moody's
In fact, the gap between the two macro variables is likely to reach its highest level since the 2008 Lehman Brothers crisis
 "GDP and IIP gap may widen to over 900 bps in third quarter, says Moody's")
Economy: This is as good as it gets
Structural reforms are much less about privatisation, land, and labour, and more about expanding the scope of private enterprises and allowing them to be more competitive and productive
 "Economy: This is as good as it gets")
DFIs: Look before you leap
Before setting up any new development bank, the govt must examine the contribution and performance of the existing ones
 "DFIs: Look before you leap")
Base year for calculating GDP revised due to socio-economic changes: Govt
Rao Inderjit Singh said that over the past 70 years, the base year has been changed seven times
 "Base year for calculating GDP revised due to socio-economic changes: Govt")
Global economy on the mend; growth to pick up in 2020, say analysts
Despite the optimism surrounding the likely pick-up in the global economy, most economists remain cautious on the road ahead for India after the recent GDP print of 4.5 per cent for Q2FY20
 "Global economy on the mend; growth to pick up in 2020, say analysts")
