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India to clock 7% GDP growth in FY25, says HSBC Global Research
3 months, 3 weeks ago

India to clock 7% GDP growth in FY25, says HSBC Global Research

Live Mint  

The Indian economy will likely grow 7% in fiscal year 2025, despite a slowdown to 6.7% in Q1FY25, which marked the lowest growth rate in five quarters, according to HSBC Global Research. This optimistic forecast is driven by strong underlying growth momentum and the narrowing of key economic data gaps, the research arm of the banking and financial services major …

India Growth Report Billion Gva Gdp Q1Fy25
GDP growth slows to 15-month low of 6.7% in April-June
3 months, 3 weeks ago

GDP growth slows to 15-month low of 6.7% in April-June

The Hindu  

India’s economic growth slowed to a 15-month low of 6.7% in April-June 2024-25, mainly due to poor performance of the agriculture and services sectors, government data showed on Friday. Ceiling on net borrowing: Supreme Court to set up five-judge bench to hear Kerala’s plea against Centre Kerala government in the Supreme Court on Friday made an oral mentioning about the …

India Growth Singapore Justice Kerala Supreme Court Salman Khan
GDP growth maintaining pace seen in Q4, says RBI bulletin
6 months ago

GDP growth maintaining pace seen in Q4, says RBI bulletin

Live Mint  

Mumbai: The Indian economy is likely to sustain the growth momentum of the January-March quarter in the three months through June as private consumption grows and manufacturing and services pick up pace, Reserve Bank of India officials said. “More recent indicators suggest that private consumption is resuming its role as the main driver of demand and is getting broad-based to …

Growth Consumption Rbi Gva Article Gdp Mpc
India’s GDP grew 8.4% in Q3; 2023-24 growth scaled up to 7.6% from 7.3%
9 months, 3 weeks ago

India’s GDP grew 8.4% in Q3; 2023-24 growth scaled up to 7.6% from 7.3%

The Hindu  

India’s economic growth has upgraded to 8.4% in the third quarter of 2023-24. There will be no automatic vacation of stay orders with lapse of time, Supreme Court holds The Supreme Court on February 29 clarified it could not shrink the time period of interim orders passed by State High Courts or trial courts staying criminal or civil proceedings. The …

India Supreme Court High Courts Court Congress Courts Order
India’s real GDP growth for 2023-24 estimated at 7.3%
11 months, 2 weeks ago

India’s real GDP growth for 2023-24 estimated at 7.3%

The Hindu  

India’s real GDP growth in 2023-24 is estimated at 7.3%, compared to 7.2% a year ago, as per the first advance estimates of national income released by the National Statistical Office on Friday, which reckon the economy will outperform the 7% uptick recently projected by the Reserve Bank of India. With GDP growth in the first half of this year …

India Growth Rbi Gva Gdp Estimates Nso
PM Modi hails GDP numbers, says 'displays Indian economy’s strength'
1 year ago

PM Modi hails GDP numbers, says 'displays Indian economy’s strength'

Hindustan Times  

Prime Minister Narendra Modi on Thursday said that the Gross Domestic Product numbers for the second quarter of the year display the resilience and strength of the Indian economy in the middle of "testing times globally". "The GDP growth numbers for Q2 display the resilience and strength of the Indian economy in the midst of such testing times globally. We …

India Economy Growth Indian Quarter Gva Modi Hails
Economy grew 7.8% in first quarter, just below RBI estimate
1 year, 3 months ago

Economy grew 7.8% in first quarter, just below RBI estimate

The Hindu  

Growth in India’s Gross Domestic Product and the Gross Value Added in the economy sped to a four-quarter high of 7.8% in the first quarter of this financial year, but economists reckon that a weak monsoon, high inflation and global headwinds could temper the pace of growth through the rest of 2023-24. ‘Below expectations’ “Although a supportive base propelled GDP …

Growth Quarter Gva Nso First Quarter Economy Grew
India’s GDP expanded 6.1% in 2022-23’s last quarter
1 year, 6 months ago

India’s GDP expanded 6.1% in 2022-23’s last quarter

The Hindu  

India’s GDP growth accelerated to 6.1% in the January to March 2023 quarter, lifting the economy’s uptick in 2022-23 to 7.2% from the 7% estimated earlier, according to the provisional national income data released by the National Statistical Office on Wednesday. The higher-than-expected GDP growth last year could also temper growth expectations for this year, which the government and central …

India Services Economic This Year Quarter Last Year Gdp
Indian economy expected to grow at 7% in 2022-23, says government data
1 year, 11 months ago

Indian economy expected to grow at 7% in 2022-23, says government data

The Hindu  

India’s real GDP is expected to grow 7% in 2022-23, slowing from 8.7% in FY22, as per the First Advance Estimates of National Income for the year released by the National Statistical Office on Friday. For the full year, gross value added is expected to rise 6.7%, compared with 8.1% in 2021-22, with trade, hotels, transport and communication services recording …

Expected Nso Gva Grow
Manufacturing shrinks, slowing Q2 GDP growth to 6.3%
2 years ago

Manufacturing shrinks, slowing Q2 GDP growth to 6.3%

The Hindu  

Manufacturing and mining output contracted year-on-year in the July-September quarter, dragging Gross Value Added growth to a slower-than-expected 5.6%, which together with high inflation and weak exports combined to slow overall Gross Domestic Product growth to a 6.3% pace, as per estimates released by the National Statistical Office. Chief Economic Advisor V Anantha Nageswaran said the data confirms that the …

India Growth Gva Gdp Gdp Growth Manufacturing Shrinks
India's GDP growth slips to 6.3 pc in Q2, but remains fastest-growing major economy
2 years ago

India's GDP growth slips to 6.3 pc in Q2, but remains fastest-growing major economy

India TV News  

India GDP: India's economic growth slowed down to 6.3 per cent in the July-September quarter of this fiscal, dragged down mainly by the poor performance of manufacturing and mining sectors, official data showed on Wednesday. The second quarter GDP growth is almost at par with the RBI's projection of 6.1 per cent to 6.3 per cent released earlier this month …

India Growth Second Crore Cent Quarter Rbi
Goods and Services Tax: Faulty by design
2 years, 5 months ago

Goods and Services Tax: Faulty by design

The Hindu  

Published : Jul 10, 2022 18:00 IST Five years ago, India began its tryst with a brand new tax, one that promised deliverance to all Indians. The GST design revolves around the concept of a single unified tax replacing two sets of taxes in force until then: one was sacrificed by the Centre and the other by the States. Studies …

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Covid-hit Economy Estimated to Contract 7.7% in 2020-21: Govt Data
3 years, 11 months ago

Covid-hit Economy Estimated to Contract 7.7% in 2020-21: Govt Data

News 18  

India’s GDP is estimated to contract by a record 7.7 per cent during 2020-21 as the COVID-19 pandemic severely hit the key manufacturing and services segments, as per government projections released on Thursday. “Real GDP or GDP at Constant Prices in the year 2020-21 is likely to attain a level of Rs 134.40 lakh crore, as against the Provisional Estimate …

India Contract Growth Services Crore Covid Cent