India's GDP growth slows to seven-quarter low of 5.4 percent
Nov 29, 2024, at 11:58 pm
India's gross domestic production (GDP) has slowed down to 5.4 percent year-on-year in the July-September quarter of the current financial year 2024-25, as per government data released on Friday.
GDP growth slowed in first qtr of FY25 due to elections: CEA Nageswaran
Aug 31, 2024, at 03:14 am
New Delhi: India's GDP growth slowed in the first quarter of the current fiscal year due to the general elections and a reduction in government capital spending during that period, according to Chief Economic Advisor (CEA) V Anantha Nageswaran.
May 27, 2024, at 10:53 pm
New Delhi/IBNS: India's Gross Domestic Product (GDP) in the fourth quarter of the financial year 2023-24 is projected to have grown between 6.1 percent and 6.7 percent, a decline from the over 8 percent growth rate noticed in the previous three quarters, reports said.
IMF revises India's FY25 GDP growth by 30 bps to 6.8% on buoyant domestic demand
May 01, 2024, at 04:52 am
New Delhi: The International Monetary Fund (IMF) revised India's GDP growth projection for 2024-25 upward by 30 basis points to 6.8% in its update to the World Economic Outlook (WEO) on the back of buoyant domestic demand in the country.
Morgan Stanley raises India's FY25 GDP growth to 6.8%
Mar 28, 2024, at 03:03 am
Mumbai: Global brokerage firm Morgan Stanley on Wednesday increased its GDP growth forecast for India in FY25 to 6.8 percent, up from the previous estimate of 6.5 percent.
Ahead of Budget, IMF raises India's GDP growth forecast to 6.5%
Jan 31, 2024, at 04:16 am
New Delhi: The International Monetary Fund (IMF) has increased its GDP growth prediction for India in the 2024-25 fiscal year by 20 basis points to 6.5 percent.
Govt projects FY24 GDP growth at 7.3%
Jan 06, 2024, at 07:42 am
New Delhi: India's gross domestic product (GDP) is projected to grow by 7.3 percent in 2023-24, surpassing the 7.2 percent recorded in the previous fiscal year, the Ministry of Statistics and Programme Implementation said Friday.
RBI's statistical model predicts India's FY25 GDP growth at 6%
Dec 21, 2023, at 04:35 am
Mumbai: The Reserve Bank of India's statistical model predicts India's GDP growth for the next year (FY25) at 6.0%, which is 50 basis points lower than the central bank's official forecast of 6.5%.
India to grow at 6.3% in FY24, likely to slowdown to 6.1% in FY25: OECD
Nov 30, 2023, at 05:26 am
New Delhi: The Organization for Economic Cooperation and Development (OECD) Wednesday maintained its forecast for India's growth at 6.3 percent for the fiscal year 2024.
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.
ICRA projects India's Q1FY24 GDP growth at 8.5 pc, higher than RBI's estimate
Aug 22, 2023, at 11:19 pm
New Delhi: Rating agency ICRA has projected India's gross domestic product (GDP) growth in the April-June quarter (Q1) of FY24 at 8.5% driven primarily by front-loading of government capex, a continued catch-up in services demand and improved investment activity.
FY23 GDP growth may be higher than 7.2 pc when final revision comes: CEA
Jun 10, 2023, at 08:08 am
Lucknow: Chief Economic Advisor (CEA) V Anantha Nageswaran on Friday said India will grow at 6.5-7% in financial year 2023-24 amid an encouraging environment for business investments and fast-paced digital transformation.
India's GDP grows 6.3 pc in 2nd qtr in line with RBI's projection
Dec 01, 2022, at 01:41 am
New Delhi/IBNS: India’s Gross Domestic Product (GDP) grew at 6.3 percent in the Q2FY23 year-on-year, according to data released by the government on Wednesday.
World Bank cuts down India's FY23 GDP growth forecast to 6.5 pc
Oct 07, 2022, at 06:06 am
New Delhi: Amid fears of a recession in advanced economies, the World Bank on Thursday cut India's gross domestic product (GDP) growth forecast for the financial year 2022-23 to 6.5 percent from its earlier estimate of 7.5 percent.
India's GDP grows by 13.5 pc in April-June quarter of FY23
Sep 01, 2022, at 12:37 am
New Delhi: India's GDP grew at a rate of 13.5 percent in the April-June quarter in FY23 compared to the previous quarter (Jan-March), according to the data released by the National Statistical Office (NSO) on Wednesday.
IMF further slashes India's GDP forecast for 2022 to 7.4 pc
Jul 27, 2022, at 06:24 am
New Delhi: The International Monetary Fund (IMF) on Tuesday reduced India's gross domestic product (GDP) growth forecast to 7.4 percent in 2022 from 8.2 percent projected in April this year.
OECD cuts down India's FY23 growth to 6.9 pc amid inflation
Jun 10, 2022, at 06:31 pm
The organisation for Economic Cooperation and Development has slashed India's growth projection for this fiscal year (FY23) to 6.9 percent, down sharply from 8.1 percent estimated previously and the Reserve Bank's 7.2 percent anticipated rise.
India's GDP grows 8.7 pc in 2021-22, taking economy above pre-pandemic level
Jun 01, 2022, at 04:29 am
New Delhi: India recorded a growth of 8.7 percent in the year 2021-22 while it was 4.1 percent in the March quarter.
India's GDP may expand at 9.5 pc in 2022: Moody's
Feb 26, 2022, at 04:52 am
India may grow at 9.5 percent during the current calendar year from 7 percent predicted earlier, Moody's Investors Service said Thursday, citing a stronger-than-expected economic recovery in the post-Covid period from the national lockdown of 2020 and third wave of Covid.
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'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.
GDP growth for FY2019-20 pegged at 5%
Jan 07, 2020, at 09:45 pm
New Delhi/IBNS: The government on Tuesday forecast 5% growth for the current fiscal.
Centre clarifies after ex-Chief Economic Adviser Arvind Subramanian says growth was 'overestimated'
Jun 12, 2019, at 08:46 am
New Delhi, June 12 (IBNS): As former Chief Economic Adviser Arvind Subramanian suggested that India's growth figures are overestimated, the Centre on Tuesday clarified that the country's economic growth are based on "accepted procedures, methodologies and available data".
GDP growth drops to 5.8 percent in March quarter
May 31, 2019, at 05:56 pm
New Delhi, May 31 (IBNS): The rate of India's gross domestic product (GDP) growth in the January-March quarter of 2018-19 moved down to touch 5.8 percent, official data released on Friday revealed.
India's GDP estimated to grow at 7.2 per cent in 2018-19: Officials
Jan 07, 2019, at 06:43 pm
New Delhi, Jan 7 (IBNS): India's Gross Dometic Product will grow at a rate of 7.2 per cent in 2018-2019 session, official data released on Monday said.
India races ahead of China to become fastest growing economy with 7.2 percent
Mar 01, 2018, at 03:17 am
New Delhi, Feb 28 (IBNS): India has once again raced ahead of China to become the fastest growing economy in October-December quarter.
Economic Survey presented : GDP to grow 7-7.5 per cent in 2018-19
Jan 29, 2018, at 06:57 pm
New Delhi, Jan 29 (IBNS) : The government on Monday tabled in Parliament the Economic Survey of India which projected GDP growth between 7 and 7.5 per cent in 2018-19, reports said.
GDP growth will become more robust in 2018-19: NITI Aayog
Jan 06, 2018, at 12:09 am
New Delhi, Jan 5 (IBNS): Vice Chairman of NITI Aayog Rajiv Kumar has said that the GDP growth will become more robust in 2018-19.