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The fundamentals of the Indian economy are sound as the real GDP in Q3 and Q4 of FY'21 already crossed the pre-pandemic level, former Niti Aayog vice-chairman Arvind Panagariya said on Sunday.
Experts believe that investments are down and driven by government, PSUs
The Nifty Realty index jumped 5 per cent today while the Nifty Metal index slipped 1.8 per cent
Morgan Stanley on Wednesday maintained its estimate of India GDP growth at 10.5 per cent for FY2022 versus the general consensus of 9.2 per cent
Indian shares hit all-time highs on Wednesday, helped by financials and automaker stocks, and after data showed the economy grew more than 20% in the June-quarter
Growth yet to get back to pre-covid level, CEA sees it happening next year
GDP data for first quarter reaffirms govt's prediction of an imminent V-shaped recovery made last year, says CEA K V Subramanian
Indian shares hit record highs for a second straight session, boosted by technology stocks and telecom firm Bharti Airtel, with investors focusing on economic growth data due later in the day
The intensity of the second wave of Coronavirus (Covid-19) and the subsequent lockdowns across almost all states disrupted the contact intensive services again in Q1
Nearly 0.7 per cent of the GDP was spent every year on research and development, including strengthening of science and technology infrastructure, during 2014-15 to 2018-19, Rajya Sabha was informed on Tuesday. In a written response to a question in Rajya Sabha, Science and Technology Minister Jitendra Singh said the Gross Expenditure on Research and Development (GERD) has been consistently following an increasing trend and during the last 10 years, the GERD of India in gross terms has increased by three times. However, the investments by the private sector to R&D have been inadequate. Unlike other advanced countries where more than 70 per cent contribution of GERD comes from the private sector, in India the private sector contribution to GERD is less than 40 per cent, he said. "As per the latest available R&D statistics, nearly 0.7 per cent of GDP (gross domestic product) is spent every year on R&D, including strengthening Science and Technology infrastructure during ...
Centre's spending showed volatile trend during April-June period
The country's gross domestic product (GDP) growth is likely to be 8.8 to 9 per cent in the current financial year, driven by agriculture and industry sectors, Care Ratings said in a report.
Motilal Oswal Financial Services has projected real GDP growth of 8.7 per cent in FY22, down from 11.1 per cent it had forecast earlier
India's and Brazil's first-quarter 2021 real GDP data show a strong rebound in both economies following a contraction last year of 4.4% in Brazil and 7.1% in India, Moody's Investors Service said
GDP, according to their estimates, is likely to contract by 4.3 per cent quarter-on-quarter (q-o-q) in Q2, much smaller than during the first wave (-24.7 per cent)
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Monetary policy committee's decisions show there is slim chance of repo rate being increased in near future
Banks begin to slash FY22 growth forecasts; personal credit defaults and unemployment rising