GDP growth

Not yet 'V-shaped' recovery, sectors of economy still 'crippled': P Chidambaram

'Let us extend a cautious welcome. It is NOT yet a 'V' shaped recovery. The fine print will bear that out,' the former finance minister tweeted.

published on : 30th November 2021

India registers highest growth across all economies in Q2, but now there's Omicron...

The eight broad metrics of growth are decidedly back to black in Q2. Among them, mining and quarrying and public administration clocked double-digit growth over last year.

published on : 30th November 2021

ICRA ups Q2 GDP growth estimate to 7.9 per cent

Economic activity in Q2 FY22 was supported by a pick-up in industrial and service sector volumes after the second wave of Covid-19 subsided and rising vaccine coverage revived confidence.

published on : 18th November 2021

GDP to expand at 9.5 per cent as growth impulses strong: RBI Governor

The fiscal and taxation reforms have played key role in driving growth and reviving confidence, Das said.

published on : 10th November 2021

The futility of demonetisation

The GDP growth rate has been clocking an underwhelming below 7% ever since (barring a couple of quarters in Financial Year 2018).

published on : 9th November 2021

Eight core sectors' output up 11.6 per cent in August, says data

The eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had contracted by 6.9 per cent in August 2020.

published on : 30th September 2021

ICRA revises up FY22 GDP growth forecast to 9 per cent from 8.5 per cent

The RBI expects the economy to grow at 9.5 per cent. Icra on Monday said it expects the second half of the fiscal year to have brighter prospects.

published on : 27th September 2021

Ongoing economic recovery will take India above pre-pandemic levels in most sectors: Economist

Varma, who is also a member of the Monetary Policy Committee (MPC) of the Reserve Bank, said high and persistent inflation is a major constraint on monetary policy.

published on : 2nd September 2021

20.1% surge in GDP growth helped by low base, economy yet to recover fully: Chidambaram

We have still some distance to go before the economy can be said to have achieved the pre-pandemic level, Congress leader P Chidambaram tweeted.

published on : 31st August 2021

GDP to expand by deceptively high 20% in Q1, to be lower than pre-COVID levels: ICRA

Icra said the low base of the last year, when the GDP had contracted by close to 24 per cent, "conceals" the impact of the second wave of COVID-19 infections.

published on : 18th August 2021

IMF cuts India's GDP growth forecast to 9.5 per cent for fiscal year 2021-22

For the next fiscal, however, the IMF has forecast an 8.5% growth for India, 160 basis points higher than its April forecast.

published on : 27th July 2021

COVID fallout: World Bank cuts India’s FY22 growth forecast to 8.3 per cent

The multinational financier cited the country’s struggle with the second wave of the Covid-19 pandemic, which it says has hampered India’s economic recovery.

published on : 9th June 2021

India's dreams of being a developed economy set back by an unknown number of years, say experts

Initially, the view was that India would grow at up to 15% in 2021-22 and 10% in the next financial year. However, all those hopes are now dashed.

published on : 4th June 2021

RBI leaves key rates unchanged, cuts GDP forecast to 9.5 per cent for FY22

The central bank has projected real GDP growth at 9.5% which is down from 10.5% estimated earlier

published on : 4th June 2021

SBI economists cut FY22 GDP growth estimate to 7.9 per cent; recovery to be 'W-shaped'

The economists at the state-run lender seemed to attribute the impact of the second wave of COVID-19 infections as a key factor for the revision in the growth estimate.

published on : 1st June 2021
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