Page 7 - Gross Domestic Product

Challenges ahead for new govts in UP, Punjab, Uttarakhand, Goa and Manipur

The incoming govts will have to work on creating more job opportunities to bring these states' unemployment rates close to the national average, besides containing inflation and meeting poll promises

South Korea's GDP growth at 11-year high in 2021 as exports boom

Bank of Korea data on Tuesday showed GDP expanded 4.0% in 2021, as demand for exports soared

India Ratings sees FY23 GDP growth at 7.6% on sustained govt spending

The ratings agency said it estimates investments, as measured by gross fixed capital formation (GFCF), to grow 8.7 per cent YoY in FY23

The shovel returns

Housing down-cycle shaved more than 1 per cent from growth annually for nearly a decade; it is turning now

RBI leaves key rates on hold amid Omicron risks; analysts weigh in

The committee held the lending rate, or the repo rate , at 4%. The reverse repo rate, or the key borrowing rate, was also maintained at 3.35%

RBI leaves rates unchanged, says economy better prepared to deal with Covid

Central bank maintains FY22 GDP forecast at 9.5 per cent and projected retail inflation to be at 5.3 per cent.

Fitch cuts India GDP forecast for FY22 to 8.4% in Nov from 8.7% in Oct

However, Fitch raised GDP growth projection for the next financial year to 10.3 per cent

Afghanistan's GDP is likely to drop 20% within a year, says UNDP

Afghanistan's gross domestic product likely will drop from $20 billion to $16 billion within a year, a 20% plunge, the UN Development Programme has projected

GDP grows 8.4% in Q2; demand, services drag down economic activities

GDP remained almost flat, barely managing to expand 0.3% over the pre-Covid period of Q2 FY20

GDP grows at 8.4% in Q2: India still fastest growing large economy in world

While India's economy still has to recover compared to the pre-Covid economic activities at a reasonable rate, the story around the world is no different

India's GDP passes pre-Covid level, but by a tad; France still 0.4% below

The structure of each country's GDP was different, with different components driving up growth, even before the pandemic

Two years lost

Private consumption continues to remain weak

GDP growth to accelerate further to 9.8% in FY23: Goldman Sachs

The GDP is widely expected to grow at a faster pace due to the base effect in 2021-22

India's GDP to rise by $406 bn by 2050 in net-zero scenario: Report

India's GDP will rise by USD 406 billion by 2050 and more than 43 million jobs will be created, as the Asia's third-largest economy leaps towards a net-zero target, according to a report

Nifty top 18,000 pts a day after IMF's bullish economic forecasts for India

The Nifty50 closed at 18,162, up 170 points, or nearly 1%, extending its year-to-date gains to 30%

RBI keeps rates on hold to support recovery, 'sail towards normal times'

Repo rate and the reverse repo rate remain unchanged at 4% and 3.35%

Why GDP expansion by 20.1% in Q1 of FY22 is misleading

Distorted base of last year's stringent nationwide lockdown obscured devastation of second wave of Covid-19 that came with staggered state-wise curbs in Q1 of current fiscal

Two years lost

Second wave damped hopes of recovery in Q1

Q1 GDP growth to set tone for economic revival in coming quarters: NITI VC

India's growth rebound in the first quarter of this fiscal will be the foundation of sustained expansion in successive quarters, Niti Aayog Vice Chairman Rajiv Kumar said on Tuesday

Inflation angst spreads to India bonds as Reserve Bank downplays risk

RBI is widely expected to leave its key rates unchanged on Friday and continue with its easy monetary stance