Gdp Data

GDP or GVA: Take your pick for methodology to compute growth numbers

he raging debate may boil down to what you are looking for

TMS Ep445: GDP data, JioMart consolidation, new age stocks, WTO

What does GDP data tell us about the economy? What's behind Reliance Retail's JioMart consolidation? Are new age stocks a good bet post Q4 results? What is WTO? All answers here

Global environment gloomier, India to grow at 6% next year: CRISIL

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

Centre revises calendar, MoSPI to give GDP numbers post Budget in 2023

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

6.5% growth plausible in FY24, says EAC-PM chairman Bibek Debroy

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

India Inc's profit declines sharply to 3.48% of GDP in Q2 of FY23

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

Economy will grow over 6.8% in FY23, says CEA V Anantha Nageswaran

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

Rupee gains 17 paise to 81.55 against US dollar ahead of GDP data

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 .

OECD cuts India FY23 GDP forecast to 6.6% on slowdown at home, global fears

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 cuts India's FY23 GDP growth forecast to 6.9% from 7%

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

Q1 GDP growth below expectation, cause for concern: Ex-RBI guv Subbarao

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 ..

Day after Q1 GDP data, a spate of forecast cuts by banks, institutions

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

Sensex drops over 1,000 pts intra-day: Top factors behind Thursday's crash

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

India will not miss estimated 11.1% FY23 nominal GDP growth: Bibek Debroy

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

Economy faces resilience test as policymakers prioritise prices over growth

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

India at 75: Here's how much our per capita income has zoomed since 1950

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

Corporate profit-to-GDP ratio attains 11-year high of 4.3% in FY22

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

IMF may lower India's GDP growth projection for 2022 to below 8.2%

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

Sensex ends 814 pts higher ahead of Budget-day in broad-based rally

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

What do Q2 GDP numbers say about India's economic recovery?

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