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GDP News

16 Dec 2024

India's Trend GDP Growth To Move Closer To 6.5-7 Per Cent In FY25: Crisil

Private consumption grew 6.7 per cent on average in the first half of this fiscal, compared with 4.1 per cent in the corresponding period last year.

08 Dec 2024

CII Urges Government To Maintain 4.9% Fiscal Deficit Target For 2024-25

CII has also welcomed the announcement in the Union Budget 2024-25 to keep the fiscal deficit at levels that help reduce the debt to GDP ratio.

30 Nov 2024

Time To Cut Interest Rate To Spur GDP Growth, Says Economist Charan Singh

India's GDP grew by 5.4 per cent in the July-September quarter of FY2024-25, significantly below the Reserve Bank of India's (RBI) forecast of 7 per cent.

29 Nov 2024

Fiscal Deficit At 46.5% Of Full-year Target At October End

The deficit stood at 45 per cent of the Budget Estimates (BE) in the corresponding period of 2023-24.

29 Nov 2024

India's Economic Growth Slows To 5.4% In July-September 2024

India remained the fastest-growing major economy as China's GDP growth in the July-September quarter this year was 4.6 per cent.

24 Nov 2024

Stocks In India May React To Assembly Polls Outcome, Fund Flows For Fresh Cues

IT and banking played a pivotal role in capping losses and driving the recovery in the benchmark. Broader indices also edged higher, with gains ranging between 0.9 per cent and 1.8 per cent

14 Nov 2024

India Poised To Surpass Japan In GDP Ranking By 2025

The article, published in Japan Times, is based on discussions with some economists from Japan including Marcel Thieliant, head of Asia-Pacific for Capital Economics.

Gross domestic product

08 Nov 2024

Government Changes Timing Of Revealing GDP Data --Check New Timings

MoSPI has decided to revise the release time for the Press releases of GDP estimates from 5.30 PM to 4.00 PM.

09 Oct 2024

Infosys, Microsoft Expand Collaboration To Help Boost GenAI Adoption Globally

Many of these solutions will be available on Azure Marketplace, allowing customers to utilise their Microsoft Azure Consumption Commitment (MACC), creating a mutually beneficial market proposition.

18 Sep 2024

India’s Richest And Poorest States: Southern States Lead GDP

Karnataka, Andhra Pradesh, Telangana, Kerala, and Tamil Nadu collectively contribute 30 per cent of the country’s GDP, as highlighted in the report.

17 Sep 2024

State Share Of National GDP: West Bengal Saw Steepest Decline

While Maharashtra clocked broadly steady performance throughout the 1960-61 to 2023-24 period, West Bengal’s share has been in continuous decline while Tamil Nadu, after a mid-way decline, picked up post-1991, according to the EAC-PM paper.

03 Sep 2024

World Bank Raises India Growth Forecast To 7 Per Cent For FY25

According to Economic Survey, the country's real gross domestic product (GDP) will grow at 6.5-7 per cent in 2024-25. However, the Reserve Bank of India estimates a higher 7.2 per cent for the current financial year.

31 Aug 2024

Q1 GDP Dip Due to Elections Code, Limited Govt Spending: RBI Governor

The Governor also showed confidence that in the coming quarters when the government spending will increase the RBI will be able to achieve the target of 7.2 per cent growth projection for this fiscal year.

30 Aug 2024

India's GDP Growth Slows To 15-Month Low Of 6.7 Per Cent In April-June

According to the National Statistical Office (NSO) data, the agriculture sector gross value added (GVA) growth decelerated to 2 per cent from 3.7 per cent in the April-June quarter of 2023-24.

24 Jul 2024

Maharashtra Economy Bigger Than Pakistan’s, Here’s The Data

Deputy Chief Minister Ajit Pawar presented the Economic Survey 2023-24.

23 Jul 2024

Budget 2024: Here's List Of Items That Got Cheaper And Costlier

The Budget 2024 includes price changes, with some items becoming cheaper, like mobile components, and others costlier, like plastic products.

Econoimc Survey 2024

22 Jul 2024

Economic Survey 2024: Financial Outlook Bright, But Vulnerabilities Remain

As India embarks on the vision to become a developed country by 2047, financial intermediation costs must decline globally; the Survey prepared by Chief Economic Adviser V Anantha Nageswaran and his team said.

17 May 2024

Real Estate Sector To Contribute 15% To India’s GDP By 2050: NAREDCO President

Real Estate sector is likely to touch a market size of one trillion dollars by 2030.

28 Mar 2024

Indian Economy Can Grow At 8% Till 2047, Says Subramanian

The growth rate in October-December helped take the estimate for the current fiscal to 7.6 percent.

28 Mar 2024

Fiscal Deficit At Feb-End Touches 86.5% Of Full-Year Target: Govt Data

The total expenditure incurred by the Centre was Rs 37.47 lakh crore.

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