Page 3 - Gdp

Economic revival 'complicated' due to growing global competition: Xi

This is the slowest growth of China's economy since the 2.3 per cent registered in GDP in 1974

India's GDP likely to grow at 6.2% in FY24, says Morgan Stanley

Earlier, the Budget for FY24 had projected nominal GDP growth at 10.5 per cent, as the centre increased the capital investment outlay steeply for the third year in a row by 33 per cent to Rs 10 trn

Turkey cracks down on builders; cost of earthquake pegged at 10% of GDP

Death toll in Turkey, Syria crosses 33,000; UN sees this rising to 50,000

What makes Delhi Mumbai Expressway the crown jewel of India's road infra

The project, being built at a cost a trillion rupees, is the country's longest expressway, and is endowed with hundreds of amenities and facilities

Rising India rates to upset PM Modi's Budget math on small savings

Bonds have since pared their gains, with the budget math increasingly looking daunting as commercial interest rates soar tracking a tight monetary policy

Top headlines: Adani stcks remain in MSCI indices, TikTok fires India staff

Business Standard brings you the top headlines at this hour

Four economic trends that will impact India

The Budget reflects the shift globally in government capital expenditure, inflation, fiscal deficit and globalisation

RBI MPC: When and where to watch policy announcement by Shaktikanta Das

RBI monetary policy: In December, Das had said that despite consecutive rate hikes, core inflation had continued to remain 'sticky'

What will drive global growth?

Ageing populations are likely to slow capital formation in North Asia, hurting global growth

Decluttering the defence budget

There is a need to streamline allocations and make the budgetary document less complicated to assess its true impact

IMF projects slowdown in Pakistan's GDP from 3.5% to 2%, shows report

The International Monetary Fund projected a slowdown in the Gross Domestic Product (GDP) from 3.5 per cent to 2 per cent for the current fiscal, The News International reported

Mexico's economy logs 3% growth in 2022 with push from 3 sectors: Report

The Mexican economy expanded by 3 per cent in 2022, thanks to its three major productive sectors, the National Institute of Statistics and Geography said in a preliminary report

Canada's real GDP grows 3.8% in 2022 on back of post-pandemic revival

Canada's real gross domestic product (GDP) grew 3.8 per cent in 2022, the national statistical agency announced

Euro zone economy unexpectedly grows in Q4 but weak 2023 looms

France registers unexpected GDP expansion while Italy shrinks

CAD may reach manageable levels in second half of FY23: Economic Survey

This could be owing to cheaper crude oil, resilient net services exports and buoyant inward remittances

India's nominal GDP to reach $3.5-trn mark by March-end: Economic Survey

India has already become the world's fifth largest economy in the 75th year of Independence and will reach the USD 3.5 trillion mark by end-March, said the Economic Survey tabled in Parliament on Tuesday. In real terms, the economy is expected to grow at 7 per cent for the year ending March 2023. This follows an 8.7 per cent growth in the previous financial year. "For India, 2022 was special. It marked the 75th year of India's Independence. India became the world's fifth largest economy, measured in current dollars. Come March, the nominal GDP of India will be around USD 3.5 trillion," the Survey said. India's economy crossed the USD 3 trillion mark last year. It further said the fundamentals of the Indian economy are sound as it enters its Amrit Kaal, the 25-year journey towards its centenary as a modern, independent nation. "It is befitting that during India's Amrit Kaal, it assumed the Presidency of G-20 nations in December 2022," the survey said. Global problems need global .

Modi govt has mostly failed in meeting fiscal targets set in Budgets

It seems the glide path given in budgets has been the govt's intention, but the actual conditions turned out to be quite different

States do Centre a good turn

A sharp reduction in states' deficit augurs well for the Centre's fiscal planning

WEF 2023: 'Fragmentation can cost up to 7% of global GDP', says IMF chief

Asking the world to be pragmatic and collaborate, IMF chief Kristalina Georgieva on Friday said fragmentation can cost up to 7 per cent of the global GDP. "If we don't unite now, we'll face significant risk to the economy and people's wellbeing," she said during a session on global economy on the last day of the World Economic Forum Annual Meeting 2023. The International Monetary Fund Managing Director said if we look at medium-term growth prospects, how we handle the supply chain issues, that will decide our future prospects. She said her message to the world is to "be pragmatic and collaborate". Asked what will take the IMF to upgrade its global growth forecast, she said, "Last year, we downgraded the growth projections three times and not downgrading further itself is good news at the moment." Also, the labour market needs to be looked at seriously, as for anyone, having a cost of living crisis and a job is much better than having no cost of living crisis and no job, she ...

General elections 2024: The BJP chief has his task cut out for him

Unemployment, a general decline in incomes, and high food, health and medical bills are not good auguries for the party