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Real GDP growth may hit 8% this fiscal year, signals FinMin
9 months ago

Real GDP growth may hit 8% this fiscal year, signals FinMin

The Hindu  

India’s economy may well end up growing by about 8% this fiscal, outstripping the 7.6% real GDP growth projected by the National Statistical Office, the Finance Ministry signalled on Friday, citing the continuing momentum in economic activity in the ongoing final quarter of 2023-24. Despite risks such as “hardening crude oil prices” and “global supply chain bottlenecks to trade”, the …

India Inflation Ministry Nso
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 …

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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
Inflation rises to 4.81% but factory output surprises positively with 5.2% growth
1 year, 5 months ago

Inflation rises to 4.81% but factory output surprises positively with 5.2% growth

Hindustan Times  

After moderating for four months, retail inflation grew higher-than-expected in the month of June on the back of higher food prices. HT Image Retail inflation, as measured by the Consumer Price Index, grew 4.81% in June, compared to a 25-month low of 4.31% in May. Even on a sequential basis, the CPI index grew 1% in June from May, the …

Food Growth Inflation Index Food Inflation This Year Rbi
India likely to loose its 'fastest growing economy tag' as growth took hit from weakening demand
1 year, 11 months ago

India likely to loose its 'fastest growing economy tag' as growth took hit from weakening demand

India TV News  

India's GDP updates: Hit by weakening demand, the Indian economy is expected to grow at a slower 7 per cent rate in the current fiscal ending March 2023, setting the stage for the country losing the fastest-growing major economy tag. The 7 per cent expansion projected in the first official estimate released by the Statistics Ministry compares with 8.7 per …

India Crore Sector Cent Gdp Fiscal Nso
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
GDP grew 5.4% in Q3, as construction and manufacturing take a hit
2 years, 9 months ago

GDP grew 5.4% in Q3, as construction and manufacturing take a hit

The Hindu  

India’s gross domestic product is estimated to grow at 8.9% in 2021-22 instead of 9.2% estimated earlier, with year-on-year growth in the October to December 2021 period slipping to 5.4% from 8.5% in the previous quarter, as per the second advance national income estimates released on Monday. India’s GDP had shrunk 6.6% in 2020-21, with the first half of the …

Growth Quarter Gdp Grow Nso
Budget 2022: India set for modest fiscal consolidation amid slow economic recovery
2 years, 11 months ago

Budget 2022: India set for modest fiscal consolidation amid slow economic recovery

Firstpost  

The government is expected to lower its fiscal deficit target modestly in the next financial year given the pressure its revenue sources may face and the imperative of providing a boost to the rural economy ahead of elections in five states After Budget 2020 was blown apart in a couple of months by the onset of the coronavirus pandemic, Finance …

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India's GDP Expected To Grow At 9.2 Per Cent in FY22: Govt
2 years, 11 months ago

India's GDP Expected To Grow At 9.2 Per Cent in FY22: Govt

ABP News  

New Delhi: India’s GDP estimated to grow at 9.2 per cent in FY22, as against a contraction of 7.3 per cent in the previous fiscal, mainly due to improvement in the performance of agriculture and manufacturing sectors, the National Statistical Office said on Friday. The NSO, after releasing the first advance estimates of National Income for 2021-22, said, “The growth …

India Cent Gdp Grow Nso Fy22
GDP Estimates: Industries Showing Signs of Recovery, Says Niti VC
3 years, 11 months ago

GDP Estimates: Industries Showing Signs of Recovery, Says Niti VC

News 18  

Niti Aayog Vice Chairman Rajiv Kumar on Friday said industries are showing signs of recovery and fiscal measures announced by the government are projected to offset the impact of the COVID-19 pandemic. Kumar was commenting on the first advance estimates of national income released by the National Statistical Office on Thursday, which projected 7.7 per cent contraction in GDP for …

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