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India GDP News

17 Sep 2024

State Share Of National GDP: West Bengal Saw Steepest Decline

While Maharashtra clocked broadly steady performance throughout the 1960-61 to 2023-24 period, West Bengal’s share has been in continuous decline while Tamil Nadu, after a mid-way decline, picked up post-1991, according to the EAC-PM paper.

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.

28 Jul 2024

India Needs To Strive To Be USD 30 Trillion Economy By 2047 To Become Develope

The World Bank defines high income countries as those whose annual per capita income is more than US $ 14,005 (in 2023).

26 Jun 2024

India's Debt-GDP Ratio Dips To 18.7 Per Cent In March 2024

India's external debt stood at $663.8 billion, an increase of $39.7 billion over its level at end-March 2023.

18 Jun 2024

Fitch Raises India's GDP Growth Forecast For FY25 To 7.2%

The rating agency said in its report that recovery in consumer spending and increasing investment trends are the main factors for this update.

14 Jun 2024

India To Remain Asia-Pacific's Fastest Growing Economy In 2024: Moody’s

A stronger economic growth prospect has been propelled by a good show in the Lok Sabha elections, that has led to Moody's analysis of a uptick in the economy.

08 May 2024

High Possibility Of 8% GDP Growth For India In 2023-24: CEA Nageswaran

Speaking at an event here, the CEA said that he expected a 7 per cent GDP growth rate for 2024-25 and it was important to maintain it.

23 Apr 2024

RBI Sees India's GDP Growth Trend Surging Past 7%

It also points out that the global growth momentum has been sustained in the first quarter of 2024 and the outlook for global trade is turning positive.

11 Apr 2024

ADB Raises India's GDP Growth Forecast For FY25 To 7%

The ADB's growth forecast for FY25 is in line with the projections made by the Reserve Bank of India (RBI).

03 Apr 2024

World Bank Raises India's GDP Growth Forecast To 7.5% For 2023-24

The World Bank has raised India's economic growth forecast by 1.2 per cent to 7.5 per cent for 2023-24, on the back of robust activity in services and industry in its latest update for South Asia.

06 Mar 2024

DNA: How much does it cost to educate a child in India?

India Q3 GDP Data

29 Feb 2024

8.4% GDP Growth Shows Economy's Strength, Potential: PM Modi

Beating estimates, India's economic growth shot to 8.4 percent in the third quarter of 2023-24.

29 Feb 2024

India's GDP Grows At 8.4% In Q3; Economy To Expand At 7.6% In FY24: Govt Data

This growth forecast surpasses the revised estimate of 7 percent growth for the previous fiscal year, FY23.

28 Feb 2024

GDP To Grow 6.7-6.9% In Third Quarter Of FY24: SBI

The SBI report has said that Corporate India has continued its robust performance buoyed by incrementally accelerating consumption patterns across urban-rural landscape.

29 Jan 2024

India To Become 3rd Largest Economy With GDP Of USD 5 Trillion In 3 Years

Ten years ago, India was the 10th largest economy in the world, with a GDP of USD 1.9 trillion at current market prices.

23 Jan 2024

India could be $5 trillion economy by 2025: Hardeep Puri

At present, the Indian economy is estimated to be about USD 3.7 trillion.

30 Nov 2023

Q2 GDP Numbers Show Strength Of Indian economy: PM Narendra Modi

India's economic performance in the first half of the fiscal year 2023-24 has positioned it as a positive standout on the global stage. The first quarter of FY24 witnessed an impressive 7.8% year-on-year growth in GDP, reflecting the country's economic strength.

30 Nov 2023

India's Q2 GDP Data Released Today; Growth At 7.6% In Second Half Of FY24

The Indian economy is recognized as a positive standout on the global stage, demonstrating robust performance in the initial half of FY24, marked by a significant 7.8 percent year-on-year growth in GDP during Q1FY24.

30 Nov 2023

India's Q2 GDP data To Be Released Today; Economists See Growth Slowing

RBI Governor Shaktikanta Das had also said recently that the July-September growth rate could spring a positive surprise.

25 Oct 2023

India Likely To Surpass Japan To Become World’s 3rd Largest Economy By 2030

The report attributes India's economic growth to a notable acceleration of foreign direct investment inflows over the past ten years, reflecting the nation's favorable long-term growth prospects.

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