Page 12 - Latest Updates on Gross Domestic Product (GDP)
Explained: Why RBI's repo rate cuts are not enough to bolster GDP growth
Transmission of rate cuts by banks has been slow because any lowering of interest rate, with deposit rates unchanged, will reduce banks' net interest income spread, affecting their revenue
 "Explained: Why RBI's repo rate cuts are not enough to bolster GDP growth")
S&P reaffirms India's sovereign rating at BBB- with a stable outlook
S&P's reiteration of India's rating and outlook is good news for the government as it fights multiple fires on the economic front
 "S&P reaffirms India's sovereign rating at BBB- with a stable outlook")
Markets at a high, economy at a low
The markets are clear 5 per cent growth is not the new normal
 "Markets at a high, economy at a low")
GDP growth slows to 4.5% in Q2 as manufacturing, services disappoint
Private consumer spending grew by 5 per cent year-on-year, improving slightly from the previous quarter
 "GDP growth slows to 4.5% in Q2 as manufacturing, services disappoint")
Sensex falls 336 pts ahead of GDP data; FPIs sell shares worth Rs 1,900 cr
Sensex fell 336 points, or 0.82 per cent, to end at 40,794; Nifty closed at 12,056, down by 95 points or 0.8 per cent
 "Sensex falls 336 pts ahead of GDP data; FPIs sell shares worth Rs 1,900 cr")
GDP growth tanks to 4.5% in Q2; core industries' output shrinks 5.8% in Oct
Fiscal deficit in the first seven months of FY20 already at 102% of government's target for full financial year
 "GDP growth tanks to 4.5% in Q2; core industries' output shrinks 5.8% in Oct")
India's Q2 GDP growth dips to over 6-yr low of 4.5%; manufacturing weighs
This GDP growth data for the September 2019 quarter is the lowest since January-March of 2012-13, when it was registered at 4.3%
 "India's Q2 GDP growth dips to over 6-yr low of 4.5%; manufacturing weighs")
Govt on track to make India $5 trillion economy by 2024: P K Misra
Describing the country's economic fundamentals as strong, Mishra said the annual average GDP growth of 7.5 per cent during 2014-2019 was the highest since independence
 "Govt on track to make India $5 trillion economy by 2024: P K Misra")
GDP growth numbers: Will there be some good news?
The upcoming data will likely show the economy had its weakest performance last quarter in more than six years, with the growth rate dropping below the symbolically important 5% mark
 "GDP growth numbers: Will there be some good news?")
As news goes from bad to worse, Modi govt scrambles to revive the economy
Finance Minister Nirmala Sitharaman said this week she's not closing the door on additional steps to support the economy.
 "As news goes from bad to worse, Modi govt scrambles to revive the economy")
Top events today: Sept GDP numbers, Yes Bank to consider fundraising & more
From September GDP data, SAT hearing on Karvy ban by Sebi to opposition parties and academicians attending slowdown conclave, Business Standard brings you the top news events of the day.
Letter to BS: Sitharaman's remark on Indian economy doesn't hold ground
Corporations across sectors are facing the heat due to low demand from consumers
 "Letter to BS: Sitharaman's remark on Indian economy doesn't hold ground")
GDP growth seen slipping under 5% in Sep quarter; may be in 4.2-4.7% range
A look at six indicators shows all of them have collapsed from positive growth in April to contraction in Sept
 "GDP growth seen slipping under 5% in Sep quarter; may be in 4.2-4.7% range")
India's economic growth to weaken in second half of FY20, says DBS Bank
New project announcements remain at a multi-year low, while production was depressed by weak consumer durables, non-durables, intermediate and capital goods, the bank pointed out.
$5-trillion GDP needs 12.4% nominal growth a year, says NITI Aayog
This is 0.4 percentage points higher than estimated by the Economic Survey for 2018-19, owing to a slowing economy
 "$5-trillion GDP needs 12.4% nominal growth a year, says NITI Aayog")
Need to adopt AI to collect more scientific agri-data: Chief Statistician
One of the reason for considerable time gap in availability of quality data, Chand said that the welfare country is still depend on manual reporting from revenue officials.
 "Need to adopt AI to collect more scientific agri-data: Chief Statistician")
Economists estimate India's July-September GDP growth at 4.2-4.7%
Nomura chief economist Sonal Varma has put the Q2 growth at 4.2 per cent, similar to what SBI has estimated
 "Economists estimate India's July-September GDP growth at 4.2-4.7%")
Nomura slashes India's FY20 GDP forecast to 4.9% from 5.7% earlier
While there have been a rash of growth estimate cuts, including a 0.70 percentage points reduction by the RBI last month to 6.1%, the Japanese brokerage's estimate is so far the lowest
Is South Asia ready for take off?
To ensure the region's growth path remains strong and sustainable, new policies and initiatives need to remain mindful of fiscal, financial and environmental risks
Govt may change new base year for GDP to 2017-18; decision likely soon
MoSPI secretary said that earlier when new series with 2011-12 base year was being worked out, the ministry thought of revising it to 2009-10
 "Govt may change new base year for GDP to 2017-18; decision likely soon")
