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India GDP growth News

24 Sep 2024

S&P Global Ratings Retains India's GDP Growth At 6.8%, Cuts China's Forecast

The rating agency also retained India's growth forecast for FY 2025-26 at 6.9 per cent. Meanwhile, S&P further reduced China's GDP growth to 4.3 per cent in the calendar year 2025.

31 Aug 2024

SBI Adjusts Full-Year GDP Growth to 7% After Q1 FY25 Hits 6.7%

According to a recent report by the State Bank of India (SBI), the moderation in India's GDP growth for the first quarter (Q1) of the financial year 2024-25 (FY25) is still higher than the average decadal growth of 6.4 per cent for Q1.

30 Aug 2024

India's GDP Growth Slows To 15-Month Low Of 6.7 Per Cent In April-June

According to the National Statistical Office (NSO) data, the agriculture sector gross value added (GVA) growth decelerated to 2 per cent from 3.7 per cent in the April-June quarter of 2023-24.

01 Mar 2024

know about India's fast growing economy

India GDP growth

01 Sep 2023

India Becomes World's Fastest-Growing Economy Again, Thanks To Modinomics: BJP

India recorded a 7.8-per cent GDP growth in the April-June period of 2023-24, the highest in the last four quarters, on the back of double-digit expansion in the services sector.

11 May 2023

'Stop Looking For A China Fix': S Jaishankar On How Indian Economy Should Grow

The External Affairs Minister has said it is important for India to move to a "strategic economy, have a clear sense of who are our partners, where are our opportunities.''

23 Dec 2022

IMF projects 6.8 % growth in current fiscal for India - Check details

Projecting a growth rate of 6.8 per cent and 6.1 per cent in the current and the next fiscal respectively: IMF. These projections are much better than they have been projecting earlier, Nada, IMF's India Mission Chief, said. We are seeing the global economy slowing down next year.

India GDP growth

31 Aug 2022

India's GDP grows at 13.5 % in April-June 2022-23

India's GDP grows at 13.5 % in April-June 2022-23. RBI predicted the GDP growth rate to touch 16.2 per cent in Q1 FY23. In the four months from April to June 2022, China's economy grew by 0.4%.

25 May 2022

Indian economy seen growing 9.2% in FY22 on upbeat rural sector: BoB report

BoB said it expects the economy to post higher growth in the last quarter ended March 2022. Contact-intensive sectors are expected to make stronger recovery, the report said. A much needed pick up will be visible in services sector, it added.

India GDP growth

23 Nov 2021

India's GDP likely to grow 8.1% in Q2 FY22: SBI report

In the first quarter of FY 22, the economy grew 20.1 per cent. For the fiscal 2022, RBI has estimated real GDP growth to be at 9.5 per cent -- 7.9 per cent in Q2, 6.8 per cent in Q3 and 6.1 per cent in Q4.

India GDP growth

20 Apr 2021

Icra cuts its FY22 GDP estimate by 0.5%, sees economy expanding by 10.5%

Pace of GDP growth in ongoing quarter may be tempered. Recent surge in COVID-19 cases resulted in a dip in consumer confidence. Reignited uncertainty regarding the near-term outlook.

27 Nov 2020

India's 2020-21 Q2 GDP growth contracts by 7.5%

GDP for the second quarter of 2020-21. Q2 GDP both at Constant and Current Prices. Q1 GDP had slowed down to 23.9 percent.

31 Aug 2020

Growth decline due to intense lockdown; V-shaped recovery in some sectors: CEA

CEA said railway freight traffic has reached 95% of the level seen in July last year and was 6% higher in the first 26 days of August, compared to the same time last year Power consumption is just 1.9% lower than last year, he said, adding "E-way bills capture interstate trade, and yet the e-way bills are at 99.8 percent in August so far" Talking about 8 core infrastructure sectors, he said core sector output declined by 38% in April, but since then the rate of contraction has come down to 22% in May, 13% in June, and 9.6% in July

31 Aug 2020

India's 2020-21 GDP growth suffers largest quarterly slump of 23.9%

GDP at Constant Prices in Q1 is estimated at Rs 26.90 lakh crore. Quarterly GVA at Basic Price at Constant Prices for Q1 of 2020-21 is estimated at Rs 25.53 lakh crore. The COVID-19 led restrictions had impact on economic activities.

04 May 2020

India's GDP growth to contract by 20% in June quarter, says ICRA amid lockdown

On May 2, Prime Minister Narendra Modi, however, underlined the need for new structural reforms and expedite work on infrastructure projects to revive the economy reeling under the impact of lockdown.

India GDP growth

09 Apr 2020

UN projects India's GDP growth for FY21 at 4.8% amid COVID-19 impact globally

India's GDP growth for the fiscal year 2019-2020 was estimated at 5 per cent and is forecast to slow down to 4.8 per cent for the current fiscal 2020-21. Economic growth for the country could stand at 5.1 per cent for the fiscal year 2021-22, the report said.

India GDP growth

03 Apr 2020

Fitch cuts India growth forecast to 30-year low amid COVID-19 outbreak

Stating that an economic recession gripped global economy following the lockdowns due to COVID-19 pandemic, Fitch Ratings on Friday said the initial disruptions to regional manufacturing supply chains in China have now broadened to include local discretionary spending and exports.

30 Aug 2019

India's 2019-20 Q1 GDP growth slows down to 5%, lowest in 7 years

The first quarter estimates are based on agricultural production during Rabi season of 2018-19, government said.

31 May 2019

India's Q4 GDP at 5-year low of 5.8%, FY19 GDP at 6.8%

The GDP had expanded by 7.1 percent in 2016-17 and 8.2 percent in 2015-16.

28 Feb 2019

India's GDP growth slows to 5-quarter low of 6.6% in Q3

The Gross Domestic Product (GDP) at constant prices (2011-12) had grown at 7 percent in October-December quarter of the previous financial year.

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