Page 10 - India Gdp Growth

Rating agency ICRA revises India's Q2FY22 GDP growth to 7.9%, up by 20 pts

Rating agency ICRA has revised India's gross domestic product (GDP) for Q2 FY22 upward by 20 basis points to 7.9 per cent.

Icra ups Q2 GDP growth estimate to 7.9% after jump in govt spending

A jump in government spending in September has led Icra to upgrade its GDP growth estimate for the second quarter of FY2021-22 to 7.9%

Pity Indian policymakers who don't know which data to go by for economy

Designing policies meant for a smaller economy that is actually larger is sure to have unintended side effects.

UBS revises India's GDP growth forecast to 9.5% from 8.9% for FY22

The Reserve Bank also forecasts 9.5 per cent GDP growth this fiscal while the average projection ranges from 8.5 to 10 per cent. The government projection is around 10 per cent.

Morgan Stanley sees emerging markets struggle in 2022 amid rich valuation

Despite downgrading India, the global research and brokerage house remains 'structurally bullish' on Indian equities and is looking for stock-level opportunities to hold exposure

Modi govt so far: Not the feared 'disaster', not the anticipated success

Three-quarters into the 10 years that Mr Modi had sought for transforming India, the "output" numbers look impressive, but the key "outcome" numbers don't show up much, if at all, writes T N Ninan

GDP to expand at 9.5% as growth impulses strong: RBI Governor Das

Stating that growth impulses and the fast-moving economic indicators are strong, RBI Governor Shaktikanta Das exuded confidence in the economy clipping at the projected 9.5% growth this fiscal

India's GDP likely to grow at 10-10.5% in FY2022: Brickwork Ratings

Brickwork Ratings revised its growth estimate for the country's gross domestic product

PHDCCI expects strong GDP growth expected in coming quarters

Industry chamber PHDCCI on Sunday said it expects strong GDP growth in the coming quarters with the economic recovery gaining momentum.

How India can achieve high GDP growth in the medium term

The optimism surrounding the Indian economy has gone up considerably in recent times. But, is all this optimism warranted, especially when we consider India's economic prospects in the medium term?

Does India have a case for the upgrade it seeks from rating agencies?

The economy is yet to reach pre-pandemic level on many fronts, fiscal deficit and debt-to-GDP ratio remain pain points; however, key reforms could work in the country's favour

RBI monetary policy: Report pegs FY23's economic growth at 7.8%

Survey shows inflation to soften further

Reserve Bank retains economic growth forecast at 9.5% for FY '22

RBI retained the GDP forecast for the current financial year at 9.5 per cent and flagged semiconductor shortages, elevated commodity prices and potential global market volatility as downside risks

Fitch cuts GDP growth projections to 8.7% for FY22 from 10% earlier

A day ahead of policy review, it expects RBI to hold policy rates during FY22

Expect more than 7% growth for India this decade: CEA Subramanian

Chief Economic Adviser K V Subramanian on Wednesday said India will clock over 7 per cent annual growth during this decade on the back of strong economic fundamentals

Economy slowly returning to pre-Covid, cloud over topping level two yrs ago

Economic recovery: GDP at constant prices during Q1 of FY22 was still 9.2 per cent lower than in Q1 of 2019-20, a pre-Covid period. But economists expect GDP to hit the pre-pandemic level by Q3FY22

ADB scales down India's economic growth forecast for this fiscal to 10%

The Asian Development Bank on Wednesday revised down India's economic growth forecast for the current fiscal to 10 per cent, from 11 per cent predicted earlier

India to post strong GDP growth in coming quarters even with inflation: S&P

India is expected to post strong economic growth in the coming quarters, even as inflation, led by food prices, is likely to remain elevated, S&P Global Ratings said on Wednesday. The economy is expected to clock 9.5 per cent growth in the current fiscal year, followed by 7 per cent expansion in the next year, it said, adding high nominal GDP growth would be important for ensuring fiscal consolidation going forward. "Given India's weak fiscal settings and high stock of debt around 90 per cent of GDP, the nominal GDP growth is going to be very important to prevent any further erosion of fiscal settings in the country and to enable some degree of fiscal consolidation going forward," S&P Global Ratings Director (Sovereign) Andrew Wood said. He said the fiscal deficit would remain elevated over the next two years but debt/GDP ratio is expected to stabilise or flatten out. Wood further said India's external position has strengthened in the context of the pandemic and India has been

GDP: The base matters but it is not the only thing that matters

Economic recovery is taking place: you can argue over its pace but denying it altogether is being wilfully blind.

Low base not sole contributor to GDP growth in June quarter: CEA

'The decline and the subsequent recovery was not reflecting anything about the fundamentals of the economy. It is only reflecting the economic restrictions that were placed or removed', said CEA