- Tag results for GDP
India became the sixth largest economy with a GDP of $2.59 trillion in 2017.
Ranking below the United Kingdom, India has recorded a GDP of USD 2,597,491 million, followed by USD 2,582,501 of France, while the United Kingdom recorded a GDP of USD 2,622,434 million.
The last revision for gross domestic product (GDP), the index of industrial production (IIP) and the consumer price index (CPI), or retail inflation happened between 2011-2012 and 2012 respectively.
He was speaking after launching the platinum jubilee celebrations of chartered accountants' apex body ICAI.
Connectivity, trade, energy cooperation to mutually benefit Bangladesh, India: Bangladeshi High Commissioner
The High Commissioner said that both India and Bangladesh are working to restore road, rail and coastal shipping links that existed in the pre-Partition period.
Noting that the NDA government was committed to being an enabler of growth, Goyal said its focus had been providing on providing political and macroeconomic stability.
Taking a dig at the critics of the government, Jaitley said that India's GDP has not declined by 2 per cent on account of demonetisation and GST implementation.
The government will maintain stability in the economy and meet all economic parameters fixed by the government, Piyush Goyal said at an event today.
A CEOs opinion poll showed that 82 per cent of them expect GDP growth to be higher than 7 per cent for the year 2018-19.
Prabhu exuded confidence that the growth in 2018-19 will be better than the preceding fiscal.
The benchmark had rallied 276 points yesterday after the RBI hiked the policy rate after a four-year pause on inflation concerns but maintained its neutral stance.
In a snap poll of 56 economists taken after GDP data on Thursday, 26 of those respondents, or about 46 per cent, expect the RBI to take the repo rate higher at the June 6 meeting.
Official data released after market hours yesterday showed that India's January-March 2018 GDP growth soared to a seven-quarter high of 7.7 per cent.
Forex dealers said besides sustained selling of the American currency by exporters as well as banks, a higher opening in the domestic equity market supported the rupee.
After registering a growth of 7.7 per cent in the January-March quarter of 2017-18 fiscal, the Union government expressed confidence about a 7.5 per cent growth in the economy this financial year.