GDP growth

India's GDP expected to grow at 7.5 per cent in 2019-20: World Bank

On the demand side, domestic consumption remained the primary growth driver, but gross fixed capital formation and exports both made growing contributions.

published on : 8th April 2019

If revenues don’t perk up, it could upset Centre’s fiscal deficit applecart

Slower than anticipated GDP growth raises concerns about fiscal deficit breach yet again, even as tax and non-tax revenue cont inue to disappoint.

published on : 2nd March 2019

BJP interested only in giving speeches, writing blogs: Kapil Sibal on decline in GDP growth

His statement came a day after the economic growth of India slowed to a low of 6.6 per cent in the October-December period of the current fiscal year 2018-19.

published on : 1st March 2019

US economy grew 2.9% in 2018, but shows signs of slowing

Even the slower fourth-quarter expansion was better than expected, as economists had predicted lackluster consumer spending over the holiday period would take a deeper cut out of growth.

published on : 1st March 2019

Downward revision of current fiscal growth does not indicate economic slowdown: Economic Affairs Secretary

The Central Statistics Office (CSO), which releases the national account data, had last month revised its forecast for GDP growth for 2017-18 to 7.2 per cent from the earlier estimate of 6.7 per cent.

published on : 1st March 2019

GDP growth rate for 2017-18 revised upwards to 7.2 per cent  from 6.7 per cent

According to the Central Statistics Office, the real GDP at constant prices grew by Rs 8.82 lakh crores from 2016-17 to 2017-18.

published on : 31st January 2019

India remains fastest growing economy ahead of China despite ups, downs

According to Niti Aayog Vice-Chairman Rajiv Kumar, the focus of the government in 2019 will be to expedite reforms with a view to accelerate growth.

published on : 1st January 2019

7.1 per cent GDP growth in Q2 'disappointing' but growth rate healthy: Finance Ministry

In January -March quarter the growth was 7.7 per per cent, while it was at 7 per cent in October-December last year.

published on : 30th November 2018

Chidambaram attributes high GDP growth to low-base effect

Former Union finance minister P Chidambaram said Saturday that the GDP growth, reported at 8.2 per cent in April-June quarter, can decline going forward.

published on : 1st September 2018

Chidambaram expresses scepticism over GDP growth prospects in coming year

The Indian economy grew at a 15-quarter high of 8.2 per cent in the April-June quarter of current fiscal on good show by manufacturing and farm sectors, according to the government data.

published on : 31st August 2018

GDP growth to exceed 7.5 per cent this fiscal, says Finance Ministry

The country's economy is on steady growth path, Economic Affairs Secretary S C Garg said while commenting on the April-June quarter growth number.

published on : 31st August 2018

India's GDP expected to reach USD 5 trillion by 2025: Economic Affairs Secretary to World Bank

Giving an overview of the South Asian countries, Bhutan, Nepal, Bangladesh and Sri Lanka, Subhash Chandra Garg said India continued to be a beacon of growth in the region.

published on : 22nd April 2018

Q2 GDP numbers reflect reversal of downtrend: Union Finance minister Arun Jaitley

The minister said the impact of the Demonetisation and GST reforms is behind us and that the country can look forward to upward growth.

published on : 30th November 2017

Rise in GDP growth rate pause in declining trend: P Chidambaram

The former Finance minister said that we should wait for the growth rates over the next 3-4 quarters before reaching a definite conclusion.

published on : 30th November 2017