India’s core sector output contracts by record 38.1% in April
The eight core sectors had expanded by 5.2 per cent in April 2019, the data released by the Commerce and Industry Ministry on Friday showed.
May 29, 2020, 17:24 PM IST
India's GDP growth for Q4 FY20 estimated at 1.2%: Report
According to the SBI's research report Ecowrap - the gross domestic product (GDP) growth is likely to be 4.2 per cent for FY20 and (-) 6.8 per cent for FY21.
May 26, 2020, 16:54 PM IST
Full Text: Statement of RBI Governor Shaktikanta Das on developmental and regulatory policies
This Statement sets out various developmental and regulatory policy measures to improve the functioning of markets and market participants.
May 22, 2020, 13:31 PM IST
GDP growth in 2020-21 to be in negative territory: RBI Governor Shaktikanta Das
Das said that domestic economic activity has been impacted severely by the lockdown which has extended over the past two months.
May 22, 2020, 12:02 PM IST
India's Rs 20 lakh crore Atmanirbhar Bharat Abhiyan almost 83% of Pakistan’s annual GDP
Not only Pakistan, the stimulus value in dollar terms is higher than the annual GDP of 149 countries, a world bank GDP indicator shows.
May 13, 2020, 12:37 PM IST
India's GDP grows at 4.7 per cent in 2019-20 October-December quarter
India registered an economic growth rate of 4.7 per cent in the October-December quarter (Q3) of financial year 2019-2020, according to the data released by the government on Friday (February 28, 2020). In the second quarter of the 2019-2020 finacial year India's Gross Domestic Product (GDP) growth rate was 5.5 per cent.
Feb 28, 2020, 17:55 PM IST
Budget 2020: RBI Governor stresses on the need for more structural reforms to revive growth
Reserve Bank Governor Shaktikanta Das also listed out some of the priority areas where structural reforms are necessary and if carried out in earnest can act as potential growth drivers and through backward and forward linkages can give significant push to growth.
Jan 24, 2020, 19:55 PM IST
GDP estimated to grow at 5% in 2019-20: Government data
India's Gross Domestic Product (GDP) is estimated to register a growth of 5 per cent in 2019-20 as against 6.8 per cent in the previous fiscal, according to government data released on Tuesday (January 7).
Jan 07, 2020, 20:18 PM IST
Crisil cuts India's FY 2020 GDP growth forecast to 6.3%
Just a week back, a plunge in domestic private consumption demand, slump in manufacturing, halving of merchandise exports growth, and a high-base effect from last year gnawed away at first-quarter growth which came in at 5 per cent.
Sep 05, 2019, 12:37 PM IST
India's 2019-20 Q1 GDP growth slows down to 5%, lowest in 7 years
The first quarter estimates are based on agricultural production during Rabi season of 2018-19, government said.
Aug 30, 2019, 17:45 PM IST
GDP growth pegged at 6% in Q1: FICCI survey
The growth numbers for the first quarter are expected to be released by Central Statistics Office (CSO) next week. Ficci said boosting agriculture sector, strengthening MSMEs, undertaking factor market reforms are key to steering the economy out of the slowdown.
Aug 26, 2019, 15:12 PM IST
No country can escape recession if protectionism continues: Piyush Goyal
Goyal stated that the policies of protectionism being followed by some countries in the developed world are affecting engagement between countries for trade in goods, services and protection of investments.
Aug 23, 2019, 09:52 AM IST
India's growth may slow down further to 5.7% in Q1: Nomura
It attributed the slowdown to the ongoing crisis in shadow banks, which were funding the consumption drive before liquidity crisis hit them hard last September, as well as weakening global growth and the resultant demand slump.
Aug 21, 2019, 16:58 PM IST
Slowdown slayer: PSBs to suggest steps to boost economy
At present, a culmination of factors such as high GST rates, natural calamities, subdued farm produce prices, stagnant income levels and low job generation have led to the slowdown.
Aug 21, 2019, 11:56 AM IST
RBI revises GDP growth forecast for 2019-20 to 6.9% from 7.0%
In the MPC’s June resolution, real GDP growth for 2019-20 was projected at 7.0 percent – in the range of 6.4-6.7 percent for H1:2019-20 and 7.2-7.5 percent for H2 – with risks evenly balanced.
Aug 07, 2019, 12:16 PM IST
FM Nirmala Sitharaman to meet bank heads over key sector credit growth
The Financial Stability Report (FSR) of RBI in June stated credit growth of scheduled commercial banks (SCBs) picked up, with public sector banks (PSBs) registering near double digit growth.
Aug 05, 2019, 10:20 AM IST
IMF cuts India's GDP growth forecast to 7% for FY20
The growth is expected to rise to 7.2 percent points in FY21, down by the projected growth rate of 7.5 in the earlier report."India`s economy is set to grow at 7.0 percent in 2019, picking up to 7.2 percent in 2020.
Jul 24, 2019, 11:05 AM IST
Budget advances economic reform, fiscal settings unchanged: Fitch
Fitch said that the extent and timing of any benefits from the budget measures to GDP growth will depend on policy details that are yet to be announced and on effective implementation.
Jul 10, 2019, 15:14 PM IST
Going for growth, India set to borrow more: Economists
The median forecast in the series from the June 28-July 2 poll of over 45 economists showed the government will revise its fiscal deficit target up to 3.5% of gross domestic product (GDP) for the current fiscal year and 3.3% for 2020-21.
Jul 03, 2019, 10:44 AM IST
EAC-PM releases detailed analysis on robustness of India’s GDP estimation methodology
The note also provides a point-to-point rebuttal to a recently published paper titled ‘India’s GDP Mis-estimation: Likelihood, Magnitudes, Mechanisms, and Implications’ by former CEA Arvind Subramanian.
Jun 19, 2019, 17:29 PM IST
