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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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Ind-Ra Expects India's GDP to Grow 5.9% In FY24, 'Recovery on Course But Emerging Fault Lines Need Attention'
1 year, 10 months ago

Ind-Ra Expects India's GDP to Grow 5.9% In FY24, 'Recovery on Course But Emerging Fault Lines Need Attention'

News 18  

India’s gross domestic product is expected to grow 5.9 per cent year-on-year in the financial year 2023-24, according to India Ratings and Research. Sunil Kumar Sinha, principal economist at Ind-Ra, said, “Although there are a few positives for India such as – sustained government capex, deleveraged corporates, low NPA in the banking sector, production-linked Incentive scheme and likelihood of global …

India Growth Demand Yoy Gdp Grow Fy24
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 …

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If NSO Numbers Show Drop in Manufacturing, Why're Growth Projections Still High?
2 years ago

If NSO Numbers Show Drop in Manufacturing, Why're Growth Projections Still High?

The Quint  

These are two terms one needs to be familiar with while studying the manufacturing sector: GVA and PMI. Now, according to NSO data, the manufacturing gross value added contracted by 5.6 percent, but the PMI for the same sector came in at 55.7 for the month of November. India's manufacturing PMI has been over 50 since July 2021, indicating that …

Manufacturing Pmi Gva Manufacturing Pmi
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 …

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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
India's GDP to grow at 9.2% in 2021-22, to surpass pre-Covid level, says govt data
2 years, 11 months ago

India's GDP to grow at 9.2% in 2021-22, to surpass pre-Covid level, says govt data

India TV News  

Highlights The Indian economy is estimated to grow at 9.2 per cent in the 2021-22 fiscal. The Indian economy is estimated to grow at 9.2 per cent in the 2021-22 fiscal, surpassing pre-Covid level in actual terms mainly on account of improved performance especially in farm, mining and manufacturing sectors. The improvement in the economy comes over a GDP contraction …

India Growth Crore Cent Lakh Gdp Grow
NSO report shows stark digital divide affects education
4 years, 3 months ago

NSO report shows stark digital divide affects education

The Hindu  

Schools across the country have now been closed for six months due to COVID-19, but this means vastly different things for different people. A recent report on the latest National Statistical Organisation survey shows just how stark is the digital divide across States, cities and villages, and income groups. Kerala shows the least inequality: more than 39% of the poorest …

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