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07 Jan 2023

Indian economic growth to slow to 7% in 2022/23, govt predicts

India's government expects economic growth to slow in the financial year ending March, as pandemic-related distortions ease and pent-up demand for goods levels out going into 2023. Gross domestic product (GDP) will likely rise 7% this fiscal year, compared with 8.7% the previous year: MoS. The government uses the estimates as a basis for its growth and fiscal projections for the next budget due on Feb. 1.

05 Oct 2021

Moody's upgrades outlook on India to stable from negative

Moody's said India's decision to keep the financial institutions flush with liquidity also reduced the risk to the country from the financial sector. The latest move by Moody`s supports the government view that India is rebounding at a pace faster than earlier anticipated and doubts about its economic revival have been put to rest. India's economy grew 20.1% during the April-June period, versus a 24.4% contraction during the same period last year.

28 Jan 2020

India's budget likely to raise spending to revive economic growth

India is facing its worst economic slowdown in a decade. Growth slipped to 4.5% in the July-September quarter, worsening the job prospects for millions of youth entering the workforce each year.

02 Oct 2016

Indian GDP to grow 7.9% this fiscal, agriculture at 4%: Crisil

With agriculture income growth "at an above-trend 4 per cent", India`s real gross domestic product (GDP) is expected to grow this fiscal at 7.9 per cent, while annual retail inflation would remain contained at 5 per cent, Indian rating agency Crisil said on Sunday.

Care Ratings report

01 May 2016

Steady economic growth fails to revive job market: Report

Notwithstanding the Indian economy's steady growth, sectors such as telecom, engineering and electronics have witnessed a decline in employment rate over the last four years, says a report.

ASSOCHAM-Resurgent India

30 Apr 2016

India can save $50 billion if logistics costs are brought down to 9% of GDP: Study

India can save up to USD 50 billion if logistics costs are brought down from 14 percent to nine per cent of country`s gross domestic product (GDP) thereby making domestic goods more competitive in global markets, an ASSOCHAM-Resurgent India joint study said on Saturday.

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