Page 7 - Gdp Growth
FM should take growth responsibility away from monetary policy: Pronab Sen
'The robust tax collections give the finance minister a fair amount of headroom for an expansionary fiscal policy', he said
 "FM should take growth responsibility away from monetary policy: Pronab Sen")
Nearly half of GDP in cities at risk from nature loss: WEF survey
Cities contribute nearly 80% to the global economy but they also account for nearly three-fourths of greenhouse gas emissions, a new study showed
 "Nearly half of GDP in cities at risk from nature loss: WEF survey")
Year-on-year analysis of economic performance serves a very limited purpose
A year-on-year analysis is useful in a conceptual way as it accounts for the seasonal impact on the data, but it tells you next to nothing about the current state of the economy.
UBS slashes FY22 GDP forecast to 9.1%; ups projection for FY23 to 8.2%
Swiss brokerage UBS Securities has revised downwards its India's growth forecast for the current financial year to 9.1% from 9.5% earlier
 "UBS slashes FY22 GDP forecast to 9.1%; ups projection for FY23 to 8.2%")
Citigroup revises India GDP forecast down by 80 bps to 9% for FY22
It says the economic impact of the Omicron wave in the fourth quarter could be lower than in previous waves, but activity momentum in the third quarter was much lower than expected
 "Citigroup revises India GDP forecast down by 80 bps to 9% for FY22")
FY22 GDP estimate on expected lines, but there can be a downward bias
The next fiscal year (FY23) will be the one to watch out for and assuming that there would be no more Covid shocks, growth would be more real
 "FY22 GDP estimate on expected lines, but there can be a downward bias")
India's GDP likely to grow 9.2% in FY22: First advance estimates
According to the statistics office, agriculture is expected to grow at 3.9% in FY22 while manufacturing is likely to expand by 12.5% and trade and hotel sector are expected to grow at 11.9%
 "India's GDP likely to grow 9.2% in FY22: First advance estimates")
Top headlines: India FY22 GDP may rise 9.2%; new rules for overseas flyers
Business Standard brings you the top headlines on Friday
 "Top headlines: India FY22 GDP may rise 9.2%; new rules for overseas flyers")
India will log one of highest growth rates, says Ashima Goyal
Goyal said monetary-fiscal coordination has worked well and stimulus has been adequate but not excessive
 "India will log one of highest growth rates, says Ashima Goyal")
India needs sustained 8% growth, low cost of capital: FICCI president
India needs to focus on ease of doing business, consistent tax policy and lower cost of capital to achieve a sustained growth rate of over eight per cent in the long term
CEOs expect 9-10% economic growth in current fiscal, says CII poll
The poll is based on responses of about 100 CEOs
 "CEOs expect 9-10% economic growth in current fiscal, says CII poll")
Top headlines: Rs 76k-cr scheme for semiconductors; RBI penalty on 2 banks
Business Standard brings you the top stories on Wednesday
 "Top headlines: Rs 76k-cr scheme for semiconductors; RBI penalty on 2 banks")
Sensex gains 620 pts, Nifty ends above 17,150; RIL, IT, banks shine
Stock market LIVE: A slew of positive macro economic data coupled with supportive overseas cues helped the markets rally today
 "Sensex gains 620 pts, Nifty ends above 17,150; RIL, IT, banks shine")
Abject failure of govt's policies: Congress on latest GDP figures
The Congress on Tuesday claimed the latest GDP figures "reveal the continued abysmal performance" of the economy and the "abject failure" of the government's policies
 "Abject failure of govt's policies: Congress on latest GDP figures")
Omicron a mere speed breaker for GDP, vaccination drive will quell impact
While the non-services segments are expected to accelerate in Q3 and Q4, the omicron effect can play a role in guiding growth of services
Top headlines: Q2 GDP grows at 8.4%; fiscal deficit at 36.3% of FY22 target
Business Standard brings you the top stories on Tuesday
 "Top headlines: Q2 GDP grows at 8.4%; fiscal deficit at 36.3% of FY22 target")
Indian economy likely picked up in Sept quarter before Omicron spread: Poll
Reuters survey of 44 economists projected GDP data will show 8.4% year-on-year growth: the fastest among major economies.
 "Indian economy likely picked up in Sept quarter before Omicron spread: Poll")
India's GDP seen growing at 8.3% in Q2, 9.4% full year: Report
Leading rating agency India Ratings expects the economy to grow 8.3 per cent in Q2 and close the year with 9.4 per cent in FY'22, which is 10 bps lower than the consensus forecast. The agency has attributed the higher growth to the nine consecutive quarters of over 3 per cent agriculture growth, which has brightened consumer spending and the resultant uptick in private final consumption expenditure, which is likely to clip at around 10 per cent in the September quarter of the current fiscal. Another major reason is the near three-fold jump in vaccination, which soared to 890.21 million as of October-end from 335.72 million at June-end. The government will announce the numbers on Tuesday. Noting that Q1 was impacted by the second wave leading to reduced workplace mobility and in turn economic activities, which at end-Q1 was 26 per cent lower than the base line and 16 per cent lower than baseline in FY21, it said mobility started improving only in Q2 yet it was only 7 per cent ...
Indian GDP likely boosted in July-Sept as lockdowns lifted: Reuters poll
The Reserve Bank of India has pegged growth for the same period at 7.9%
India's GDP expected to grow by 8.5% YoY in Q2FY22: Acuite
India's Q2FY22 GDP is expected to grow by 8.5 per cent on a year-on-year (YoY) basis amid support from a favourable base, Acuite Ratings and Research said
