Gross Domestic-product

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Gross Domestic-product - Total results - 190
India's GDP 11 times more than Bangladesh in purchasing power parity terms, say govt sources
Business

India's GDP 11 times more than Bangladesh in purchasing power parity terms, say govt sources

The government sources said this in the backdrop of IMF's growth projections showing Bangladesh closing in on India in terms of per capita GDP this year.

Indian economy may contract by 10.3% in 2020, to bounce back with 8.8% growth in 2021, says IMF
Business

Indian economy may contract by 10.3% in 2020, to bounce back with 8.8% growth in 2021, says IMF

Revisions to the growth forecast are particularly large for India, where GDP contracted much more severely than expected in the second quarter

India reports 7,466 COVID-19 cases, 175 deaths in 24 hours; Jan-March GDP figures paint a gloomy picture ahead
India

India reports 7,466 COVID-19 cases, 175 deaths in 24 hours; Jan-March GDP figures paint a gloomy picture ahead

The number of COVID-19 cases in India climbed to 1,65,799 while toll reached 4,706 with the country registering over 7,000 new cases on Friday

COVID-19 Impact: GDP growth dips to 3.1% in Jan-Mar quarter, slowest growth in 8 years; economy grows at 4.2% in FY20
Business

COVID-19 Impact: GDP growth dips to 3.1% in Jan-Mar quarter, slowest growth in 8 years; economy grows at 4.2% in FY20

The gross domestic product (GDP) had expanded by 5.7 percent in the corresponding quarter of 2018-19, according to data released by the National Statistical Office (NSO) on Friday.

Coronavirus Lockdown: India faces worst recession in current fiscal; economy to shrink by 5%, says CRISIL
Business

Coronavirus Lockdown: India faces worst recession in current fiscal; economy to shrink by 5%, says CRISIL

India's fourth recession since independence, the first since liberalisation and perhaps the worst to date, is here, CRISIL said on Tuesday as it predicted the economy to shrink by 5 percent in the current fiscal because of coronavirus lockdown

GDP growth seen at 1.2% for Q4 FY20; economic activity came to standstill due to nationwide lockdown: SBI report
Business

GDP growth seen at 1.2% for Q4 FY20; economic activity came to standstill due to nationwide lockdown: SBI report

The country's GDP is estimated to have grown at 1.2 percent in the last quarter of the previous fiscal as economic activity came to a standstill in the last week of March due to the nationwide lockdown to contain the spread of COVID-19, a report said

Coronavirus Lockdown: ICRA expects GDP to contract by 20% in June quarter; 2% fall in current fiscal
Business

Coronavirus Lockdown: ICRA expects GDP to contract by 20% in June quarter; 2% fall in current fiscal

After the government announced graded relaxations in the lockdown, domestic rating agency ICRA on Monday estimated that the country's GDP might contract by as much as 20 percent in the June quarter and is expected to overcome some lost ground in the remainder of the year but still close 2020-21 down by up to 2 percent

Coronavirus Outbreak: US economy shrinks at 4.8% in January-March quarter, first-time in six years; recession fear looms
Business

Coronavirus Outbreak: US economy shrinks at 4.8% in January-March quarter, first-time in six years; recession fear looms

The US economy shrank at a 4.8 percent annual rate last quarter as the coronavirus pandemic shut down much of the country and began triggering a recession that will end the longest expansion on record

Coronavirus pandemic 'severe demand shock' for Indian economy; will moderate GDP growth: D&B report
Business

Coronavirus pandemic 'severe demand shock' for Indian economy; will moderate GDP growth: D&B report

The coronavirus pandemic is a "severe demand shock" for the Indian economy and could lead to further moderation in the country's GDP growth as the coronavirus-induced lockdown is causing significant disruption across multiple sectors, says a report

Coronavirus Outbreak: ADB expects India's economic growth to slow down to 4% in FY21
Business

Coronavirus Outbreak: ADB expects India's economic growth to slow down to 4% in FY21

India's economic growth is likely to slow down to 4 percent this fiscal on the back of the current global health emergency, Asian Development Bank said in its outlook for the financial year 2020-21 on Friday

Coronavirus Outbreak: GDP likely contract by 4.5% in Apr-Jun quarter; will grow by just 2% in 2020-21, says ICRA
Business

Coronavirus Outbreak: GDP likely contract by 4.5% in Apr-Jun quarter; will grow by just 2% in 2020-21, says ICRA

Despite the Reserve Bank of India's (RBI) massive actions to spur the economy, India's gross domestic product (GDP) is likely to contract by 4.5 percent in the April-June 2020 quarter and will rise by only 2 percent in 2020-21 on the coronavirus impact, according to domestic rating agency ICRA

India's GDP growth in next two quarters won't be over 3%: Former chief statistician Pronab Sen
Business

India's GDP growth in next two quarters won't be over 3%: Former chief statistician Pronab Sen

Former chief statistician Pronab Sen on Thursday said the country's growth in the next two quarters will not be more than 3 percent due to the lockdown across the country

GDP growth slows to nearly 7-year low at 4.7% in Q3 on poor performance by manufacturing, construction sectors
Business

GDP growth slows to nearly 7-year low at 4.7% in Q3 on poor performance by manufacturing, construction sectors

GDP at Constant (2011-12) prices in Q3 of 2019-20 is estimated at Rs 36.65 lakh crore, as against Rs 35 lakh crore in Q3 of 2018-19, showing a growth rate of 4.7 percent," the NSO said.

Finance Ministry to assuage concerns of rating agencies; economy remains robust: Economic Affairs Secretary Atanu Chakraborty
Business

Finance Ministry to assuage concerns of rating agencies; economy remains robust: Economic Affairs Secretary Atanu Chakraborty

The finance ministry has said it will try to assuage concerns of rating agencies on opting for higher deficit and other Budget numbers while stressing that fundamentals of the economy are strong

Moody's says India's growth projections ambitious; GDP expansion likely at 4.9% in FY20, 5.5% in FY21
Business

Moody's says India's growth projections ambitious; GDP expansion likely at 4.9% in FY20, 5.5% in FY21

Moody's Investors Service on Tuesday said economic growth projections made by Finance Minister Nirmala Sitharaman in her Budget for 2020-21 appear ambitious given the structural and cyclical challenges facing the Indian economy

Economy not in recession, recorded highest average growth among G-20 nations during 2014-19 : Union minister Anurag Thakur
Business

Economy not in recession, recorded highest average growth among G-20 nations during 2014-19 : Union minister Anurag Thakur

The government on Monday said the economy is not in recession and India recorded the highest average growth among the G-20 nations during 2014-19

GDP growth rate for 2018-19 revised downwards to 6.1% from 6.8% on deceleration in mining, manufacturing, farm sectors
Business

GDP growth rate for 2018-19 revised downwards to 6.1% from 6.8% on deceleration in mining, manufacturing, farm sectors

The government on Friday revised downwards the economic growth rate for 2018-19 to 6.1 percent from 6.8 percent estimated earlier, mainly due to deceleration in mining, manufacturing and farm sectors

Moody's cuts India's GDP growth forecast to 5.6% for 2019; says slow employment growth weighs on consumption
Business

Moody's cuts India's GDP growth forecast to 5.6% for 2019; says slow employment growth weighs on consumption

Moody's Investors Service on Friday said it has lowered its 2019 GDP growth forecast for India to 5.6 percent as slow employment growth weighs on consumption

Q2 GDP growth at 4.5%: Manmohan Singh says state of economy 'unacceptable,' country's aspiration is to grow at 8-9%
Business

Q2 GDP growth at 4.5%: Manmohan Singh says state of economy 'unacceptable,' country's aspiration is to grow at 8-9%

Manmohan Singh stressed that there was a need to change the 'current climate' in our society from one of fear to one of confidence for our economy to start growing at 8 percent per annum.

Q2 GDP at 4.5%: With record-low nominal growth at 6.1%, economy is slipping to deeper pain; forget the $5-trillion target
Business

Q2 GDP at 4.5%: With record-low nominal growth at 6.1%, economy is slipping to deeper pain; forget the $5-trillion target

India’s Gross Domestic Product (GDP) for the July-September quarter has come at 4.5 percent, the lowest growth in at least six-and-half years or in 26 quarters and even worse than the first quarter when the economy grew at 5 percent