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Q2 GDP growth likely to slow to 7.5-7.6%, says SBI research report; data to be out on Friday
Business

Q2 GDP growth likely to slow to 7.5-7.6%, says SBI research report; data to be out on Friday

The GDP growth at constant prices (2011-12) was 8.2 percent in the April-June quarter of 2018-19.

Indian economy likely to grow at 7.4% in FY19, says economic policy think-tank NCAER
Business

Indian economy likely to grow at 7.4% in FY19, says economic policy think-tank NCAER

Economic policy think-tank NCAER has retained India's growth forecast for the current fiscal at 7.4 percent citing comfortable agricultural sector outlook and a marked improvement in the external sector

GDP game: How to cherry-pick your convenient growth figures, reasons and always claim the winner’s prize
Business

GDP game: How to cherry-pick your convenient growth figures, reasons and always claim the winner’s prize

In the GDP debate, both the Congress party and the BJP are winners by their own measuring yardstick, But where does the common man stand in this debate?

Economy seems set on recovery path; but dangers lurk, the biggest being election eve populism
Business

Economy seems set on recovery path; but dangers lurk, the biggest being election eve populism

There’s no denying that economic growth under the Modi government has been subdued but stable. The year ahead will determine whether it will maintain this or endanger it for political gains.

Monetary policy: RBI dumps GVA model, switches back to GDP to measure economy
Business

Monetary policy: RBI dumps GVA model, switches back to GDP to measure economy

RBI deputy governor Viral Acharya on Thursday said the switch to GDP from GVA is mainly to conform to international standards

As GDP rises to 7.2% in December, economy shows signs of recovery; but Q4 won't be a cakewalk
Business

As GDP rises to 7.2% in December, economy shows signs of recovery; but Q4 won't be a cakewalk

The leeway for the government to continue pushing money into construction/manufacturing segment will be limited in Q4, which might cause problems in achieving an impressive full-year GDP figure

GDP growth at 7.2% in December quarter: Economy at revival threshold, says corporate India
Business

GDP growth at 7.2% in December quarter: Economy at revival threshold, says corporate India

heering the five-quarter high 7.2 percent GDP growth in the October-December period, India Inc on Wednesday said the economy is on the cusp of a sustained rebound and expressed hope that it will gather a good pace in the next fiscal beginning April

CSO data shows India's GDP grew at five-quarter high of 7.2% in Q3, beats China with 6.8% growth rate
Business

CSO data shows India's GDP grew at five-quarter high of 7.2% in Q3, beats China with 6.8% growth rate

The growth in GDP during 2017-18 is estimated at 6.6 percent as compared to the growth rate of 7.1 percent in 2016-17, CSO added.

Services, industrials to lift Q3 GVA print to 6.8%; GDP to improve to around 7.5% in fourth quarter: Icra
Business

Services, industrials to lift Q3 GVA print to 6.8%; GDP to improve to around 7.5% in fourth quarter: Icra

Growth in the services sector is likely to record a base-effect led pick-up to nearly 8.8 percent in Q3 from 7.1 percent in Q2.

Falling inflation, GDP pain: Why RBI will have to give in to growth lobby sooner than later
Business

Falling inflation, GDP pain: Why RBI will have to give in to growth lobby sooner than later

Pick up in factory output and slowing inflation augurs well for the economy and, if sustains, can support the revival in GDP growth

RBI monetary policy review: Three reasons why MPC chose to hold repo rate at 6% on Wednesday
Business

RBI monetary policy review: Three reasons why MPC chose to hold repo rate at 6% on Wednesday

RBI considered first advance estimate for GVA growth that central statistics office (CSO) revised down to 6.1 percent for 2017-18

WEF 2018: Economy turning around, GDP to clock 7% in second half, says Chandra Kochhar
World

WEF 2018: Economy turning around, GDP to clock 7% in second half, says Chandra Kochhar

Here to participate in the World Economic Forum's (WEF) annual meeting, to be addressed by Prime Minister Narendra Modi and other world leaders, the ICICI Bank chief Chanda Kochhar said the full fiscal GDP growth for 2017-18 should also be in excess of 6.5 percent

World Bank India GDP estimate: Eight reasons why forecast must be taken with a pinch of salt
Business

World Bank India GDP estimate: Eight reasons why forecast must be taken with a pinch of salt

The euphoria over the GDP numbers is a misplaced triumphalism as they do not in any way reveal a sustainable revival in Indian economy

Agriculture sector growth likely to be higher than CSO estimate of 2.1%, says ministry
Business

Agriculture sector growth likely to be higher than CSO estimate of 2.1%, says ministry

The agriculture sector is expected to grow higher than projected 2.1 percent growth by the Central Statistics Office for the current fiscal, following better Rabi crop prospects

India's GDP growth to slip below 7% this fiscal as effects of GST, demonetisation linger on: Experts
Business

India's GDP growth to slip below 7% this fiscal as effects of GST, demonetisation linger on: Experts

Former Planning Commission Deputy Chairman Montek Singh Ahluwalia said GDP growth would be around 6.2 percent to 6.3 percent for current fiscal.

From banks' recapitalisation to job creation, five areas that Arun Jaitley should lay emphasis on in budget
Business

From banks' recapitalisation to job creation, five areas that Arun Jaitley should lay emphasis on in budget

Govt needs to have a war-room strategy on irrigation in budget as according to Bibek Debroy biggest problem of agriculture is the dry land issue

RBI's neutral policy stance a recognition of under-control inflation, says Finance Ministry
Business

RBI's neutral policy stance a recognition of under-control inflation, says Finance Ministry

RBI's Monetary Policy Committee recognised inflation remains firmly under control, retaining its inflation projection

Jul-Sep GDP at 6.3%: Recovery vindicates govt but more reforms need of the hour to further boost growth
Business

Jul-Sep GDP at 6.3%: Recovery vindicates govt but more reforms need of the hour to further boost growth

Agriculture is a source of worry – growth has been slipping after Q3 of FY17. Rains this year have been poor and things could be a bit iffy going forward because of a warmer winter.

Jul-Sep GDP seen 6.4%; analysts forecast better show as demonetisation, GST impact fades
Business

Jul-Sep GDP seen 6.4%; analysts forecast better show as demonetisation, GST impact fades

GDP growth had slid to a three-year low of 5.7 percent for the three months to June on the spillover effects of the note ban and the GST implementation