GDP Data

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CRISIL said that the risks to inflation are 'tilted upward' due to the predictions of El Nino over the next couple of months

MoSPI to release first revised estimates of national income, consumption expenditure, saving, and capital formation of the previous fiscal year on the last day of February starting this year

'Global headwinds apart, there is consensus that the Indian economy this year (FY23) will grow 6.8-7 per cent'

Ratio for manufacturing firms at 9-quarter low of 0.93%

While on the growth outlook of the next financial year FY24, he said he is optimistic on the growth story than many of global agencies forecast

The rupee appreciated 17 paise to 81.55 against the US dollar in early trade on Wednesday on broad dollar weakness and a positive trend in domestic equities. At the interbank foreign exchange, the domestic unit opened at 81.63 against the dollar, then gained ground to touch 81.55, registering a rise of 17 paise over its previous close. On Tuesday, the rupee declined 4 paise to close at 81.72 against the US dollar. Forex traders said investors will focus on the US Federal Reserve Chairman Jerome Powell's speech and the release of key domestic macro economic data for further cues. "Market is looking forward to Fed Chair Powell's speech today. He is likely to signal a slowdown in the pace of rate hikes but push back against expectations of a pivot," IFA Global Research Academy said in a note. Domestic Q2 FY'23 GDP print, April-October fiscal deficit and October core sector data are scheduled to be released later in the day. Meanwhile, the dollar index, which gauges the greenback's .

Says India is set to be second-fastest growing G-20 economy in FY23, despite decelerating global demand and tightening of monetary policy to manage inflationary pressures

India Ratings projects GDP growth of 7.2 percent in July-September FY23 quarter, 4 percent in October-December and 4.1 percent in February-March

India's GDP growth of 13.5 per cent in the April-June quarter of 2022-23 has turned out be a cause for 'disappointment and concern', as there was expectation of a bigger bounce back from the first quarter of last year when economic activity was crippled by the Delta wave of COVID-19, former RBI governor D Subbarao said on Sunday. Subbarao added that risk factors for the country's growth outlook in the short term include high commodity prices, possibility of a global recession, monetary tightening by the RBI and an uneven monsoon that could threaten crop output, especially of rice. "The economy clocked growth of 13.5 per cent in the first quarter (April-June) of this fiscal year which would have been cause for celebration in any other circumstance. "In the event, it's turned out be a cause for disappointment and even concern," he told PTI in an interview. India's economy expanded 13.5 per cent in the April-June quarter, the quickest pace in a year. As per the RBI's estimates, the ..

Moody's cut its forecast to 7.7%, from 8.8%, citing dampening economic momentum in the coming quarters on rising interest rates, uneven monsoon, and slowing global growth

Index heavyweights, Reliance Industries and Tata Consultancy Services contributed the most to the sharp cuts as they slipped between 2-3 per cent.

Says country will the milestone assumed in the Budget despite the tense geopolitical situation

Gross domestic product is estimated to rise 15.4% in the three months to June from a year ago, according to a Bloomberg survey

Since 1950, India's per capita income (PCI) has jumped over 500 times. In 1950, it stood at Rs 265, and increased to Rs 1,28,829 in 2020-21

Performance comes on the back of 48% YoY growth in bottomline. GDP also expanded 19.5% in FY22 after contracting in FY21 due to Covid-19 disruptions

The IMF had cut India's gross domestic product (GDP) growth projection for 2022 to 8.2 per cent from 9 per cent in its World Economic Outlook report in April

Large part of today's rally in the headline indices was led by IT stocks such Tech M, Wipro, Infosys and HCL Tech; financials such as Bajaj twins and SBI, and index heavyweights RIL

India's GDP grew by 8.4% in the second quarter of this financial year, a major rebound from an economic contraction last year. Let's look at what the growth numbers mean for India's economic recovery