The current datelines imply the GDP changes will happen only after the general elections of 2024
Many expect the RBI to lower the GDP growth estimate to 7%
At a more macro level, Fitch now expects world GDP to grow by 2.4 per cent in 2022 - revised down by 0.5 percentage points (ppt) since the June assessment
Sustainable demand revival will need policy certainty
The link between the size of the economy and prosperity is tenuous
It should 'localise smallest of the components' and invest in new technology, says business leader
In India, the main reasons for the slowdown were decreases in government spending and net trade (exports minus imports), according to OECD calculations.
The policy is being brought in tandem with Prime Minister's ambitious GatiShakti national master plan
Says credit profile reflects strengths like large and diversified economy, but warns that country is highly exposed to climate change events
India has seen GDP growth of 7% or more for five straight years only once in the past 30 years
India's CAD stood at 1.5% of GDP in the March quarter of FY22 compared to a CAD of 2.6% of GDP in the preceding quarter of FY22
Moody's cut its forecast to 7.7%, from 8.8%, citing dampening economic momentum in the coming quarters on rising interest rates, uneven monsoon, and slowing global growth
Expect capex to pick up in the second half of the year and inch closer to 6.4% Budget estimate for full year
Here is the best of Business Standard's opinion pieces for Thursday
India's Q1 GDP grows at 13.5%: What does it mean? Will creditors lose out in RCap resolution? How long before the primary market revs up? What is Floor Area Ratio? All answers here
India's Q1 GDP grows at 13.5%: What does it mean? Will creditors lose out in RCap resolution? How long before the primary market revs up? What is Floor Area Ratio? All answers here
Analysts said there are signs of the waning of the intensity of tailwind generated by economic reopening
The 13.5% print is lower than consensus estimates, and more so, when compared with the Reserve Bank of India's Q1 forecast of 16.2%
The GDP numbers, Finance Secretary T V Somanathan said this trend was par for the course, as GFCF in Q1 was usually lower than the previous year's Q4.
Lower than expected growth poses hard questions