S&P lowers India's GDP growth forecast for the next two fiscal years
Nov 25, 2024, at 10:31 pm
New Delhi/IBNS: S&P Global Ratings has maintained India's GDP growth forecast for the current financial year 2024-25 at 6.8 percent, but has revised down its growth projections for the next two fiscal years.
World Bank's latest report ups India's growth forecast for FY25 to 7 percent
Sep 03, 2024, at 10:12 pm
The World Bank on Tuesday upgraded India's growth forecast for the FY24/25 to seven percent, giving a boost to the country's financial journey.
Indian GDP growth slows to 6.7 pct in April-June quarter
Aug 31, 2024, at 12:32 am
India's real Gross Domestic Product (GDP) growth moderated to 6.7 percent year-on-year during April-June quarter (Q1) of current financial year 2024-25 in contrary to 8.2% registered during the same quarter in the previous year, s per data released by the Indian government on Friday.
Aug 21, 2024, at 10:14 pm
New Delhi/IBNS: Ruchir Sharma, the chairman of Rockefeller International, said it may not be mathematically possible for India to become a developed country by 2047 with an annual Gross Domestic Product (GDP) growth rate of 6 percent.
India's March GDP growth touches 7.8 per cent, pushing annual growth rate to 8.2 percent
May 31, 2024, at 11:40 pm
India's GDP growth touched 7.8 percent in the March quarter, pushing the annual growth rate to 8.2 per cent, as per data released by the Indian government on Friday.
India's GDP grows at 7.8 pct in Q1
Sep 02, 2023, at 12:03 am
Helped by continued growth momentum, especially in the services and construction sectors, India's gross domestic product (GDP) accelerated to 7.8% in the April-June quarter (Q1) of the current financial year 2023–24.
India's GDP moves up by 6.1 pc in Q4
Jun 01, 2023, at 12:11 am
New Delhi: India's gross domestic product (GDP) grew 6.1% year-on-year in January-March quarter (Q4) of financial year 2022-23, as per data released by Ministry of Statistics & Programme Implementation (MoSPI) on Wednesday.
India to witness GDP growth of 6 to 6.8 pct in 2023-24: Economic Survey
Jan 31, 2023, at 08:10 pm
New Delhi: India to witness GDP growth of 6.0 per cent to 6.8 per cent in 2023-24, depending on the trajectory of economic and political developments globally, as per the Economic Survey released on Tuesday.
FICCI downgrades India GDP growth to seven percent for FY23
Jul 21, 2022, at 09:18 pm
New Delhi/UNI: Amid continuing geo-political uncertainties and apprehensions of some of the major economies slipping into recession, industry body FICCI on Thursday projected the Indian economy to grow at seven percent in the FY 2022-23.
Morgan Stanley moves down India's GDP growth for FY23 to 7.6 pc
May 11, 2022, at 09:28 pm
New Delhi: As high oil prices and geo-political tensions weigh on the global growth, Morgan Stanley has trimmed India's GDP projection for financial year 2022-23 to 7.6% from 7.9% estimated earlier.
India's GDP in Q2 FY22 grows at 8.4 percent on low base, rise in economic activities
Dec 01, 2021, at 02:15 am
New Delhi/UNI: Helped by low base and rise in economic activities post second wave of pandemic, India's Gross Domestic Product (GDP) grew at 8.4 percent in the July-September quarter (Q2) of financial year 2021-22.
India's April-June quarter GDP expands by 20.1 percent
Aug 31, 2021, at 11:45 pm
New Delhi: India's gross domestic product (GDP) showed an impressive positive development as it shot up to record a 20.1 per cent rise in the April-June period or the first quarter of 2021-22, as per government data released on Tuesday.
India to grow over 10 pc in fiscal 2021-22, but growth uneven, says World Bank
Apr 01, 2021, at 12:10 am
New Delhi/UNI: India is expected to grow more than 10 per cent in the fiscal year 2021-22, the World Bank said on Wednesday, making a substantial upward revision of 4.7 percentage points from its January forecast.
India's GDP turns positive in December quarter, moves up by 0.4 pct
Feb 26, 2021, at 11:44 pm
New Delhi: India's October-December quarter witnessed positive growth as the country's gross domestic product (GDP) grew by 0.4 percent year-on-year, as per government released data on Friday.
India’s GDP estimated to reach 28 trillion dollars by 2050, says Gautam Adani
Dec 09, 2020, at 11:51 pm
Hyderabad/UNI: Adani Group Founder and Chairman Gautam Adani on Wednesday said India’s GDP is estimated to reach USD 28 trillion by 2050 from the current GDP and will contribute 15 per cent to the global economy.
FY20 GDP growth estimate at 5 pc Vs 6.1 pc in 2018-2019
Feb 28, 2020, at 06:32 pm
New Delhi/UNI: The growth in Gross Domestic Product during 2019-20 is estimated at 5.0 percent as compared to 6.1 per cent in 2018-19, the government said on Friday.
India's GDP for July-September drops to 4.5 pct
Nov 29, 2019, at 05:53 pm
New Delhi/IBNS: Hinting that the country's economy might be witnessing a slowdown, India's second-quarter GDP stood at 4.5 percent, the lowest in six years, as per government data released on Friday.
Indian market: Sensex moves down by over 600 points
Sep 03, 2019, at 03:06 pm
Mumbai, Sept 3 (IBNS): The Sensex moved down by over 600 points on Tuesday, just days after lower-than-expected GDP numbers for the April-June quarter was unveiled by the Indian government.
India to grow at 7 percent in 2019: IMF
Jul 24, 2019, at 09:00 am
Mumbai, July 24 (IBNS): The International Monetary Fund (IMF) on Tuesday said the growth rate of India will touch 7 percent for the current fiscal.
India’s GDP growth rate for Q2 touches 7.1 percent
Nov 30, 2018, at 06:29 pm
New Delhi, Nov 30 (IBNS): India's economy grew at 7.1 percent in the July-September quarter of current fiscal, government data released on Friday said.
India's GDP grows 6.3 pct in Q2
Dec 01, 2017, at 12:12 am
New Delhi, Nov 30 (IBNS): India's GDP growth for the second quarter of the current fiscal that ended on Sept 30 moved up to 6.3 percent, government data released on Thursday said.
India retains lead as fastest growing major economy in the world
Mar 01, 2017, at 08:05 pm
New Delhi, Mar 1 (IBNS): India's gross domestic product (GDP) grew seven per cent annually during the October-December quarter beating expectations, the media reported on Wednesday.
India's GDP growth estimated at 7.1 per cent in 2016-17 compared to 7.6 per cent in 2015-16
Jan 07, 2017, at 09:31 pm
New Delhi, Jan 7 (IBNS): India's GDP growth during 2016-17 is estimated at 7.1 per cent compared to the growth rate of 7.6 per cent in 2015-16, reported the Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation, in its First Advance estimates of national income, 2016-17, published on Friday.