Page 12 - Gdp Growth

India's inclusive growth lauded by international community: K Subramanian

The world is bullish on India, the country's top economist, currently executive director of the International Monetary Fund has said, noting that India's public digital infrastructure and inclusive growth is not only being talked about but also applauded by the international community. I think the Indian economy has been growing overall very well. Post-COVID, the growth rate has consistently been seven per cent. Of course, there's been a little bit of a dip this quarter. Partly it is because of the slowdown in capital expenditures. That itself is because of some of the election cycles. Also, there's been some impact on exports. But I expect this dip to be temporary, Krishnamurthy V Subramanian, Executive Director at IMF. From the vantage point that I've been sitting on the IMF board, I have no hesitation in saying the world is bullish on India. The kind of public digital infrastructure that India has enacted, is something that almost every of my board colleagues often finds a mention

Q2 GDP showing not a systemic slowdown, says FM Nirmala Sitharaman

India's growth slowed to a seven-quarter low of 5.4 per cent in the July-September period of FY25

RBI keeps repo rate unchanged at 6.5%, lowers FY25 GDP growth forecast

Reserve Bank of India Monetary Policy Committee: Food prices likely to keep headline inflation up in the near future

Maharashtra aims $1 trillion GDP with growth in manufacturing, services

Maharashtra plans to double its GDP to $1 trillion by 2030, focusing on manufacturing, EVs, semiconductors, and power reforms while maintaining its lead in FDI inflows and boosting infra development

DRI to celebrate 67 yrs of service: Fortifying India's economic frontlines

DRI must continuously adapt to these evolving trends, inter alia, utilising international collaboration and advanced intelligence-gathering techniques

MPC meet in spotlight amid speculation over Governor Shaktikanta Das' term

Meeting begins on Wednesday against backdrop of Q2 GDP growth slowdown

India's potential GDP growth is in range of 6.5-7%, says CEA Nageswaran

India's potential GDP growth is in the range of 6.5-7 per cent and the country should be able to achieve it on the back of things that done already in the last 10 years, Chief Economic Advisor V Anantha Nageswaran said on Monday. The Economic Survey projected India's GDP to grow at 6.5-7 per cent in 2024-25, down from a high of 8.2 per cent in the preceding financial year. Addressing IVCA's GreenReturns Summit, he said, "India's potential GDP growth is in the range of 6.5-7 per cent and we should be able to achieve it on the back of things that we have done already in the last 10 yearswhether it is in terms of augmenting the physical infrastructure or achieving financial inclusion." Emphasising the investment areas, he said, "We all know about the issue of intermittency. The investment shouldn't focus on setting up solar power plants or wind energy plants as we need to take into consideration the increasing cost of recycling solar panel waste and wind turbine waste. That is an area

Govt to take steps for better GDP growth in H2FY25: DEA Secretary

The government is expected to push capital expenditure (capex), which has reached only 42 per cent of the full-year FY25 target by the end of October

Q2 GDP growth low but 2nd half numbers expected to be better: DEA secretary

Economic Affairs Secretary Ajay Seth on Monday said second quarter GDP growth at 5.4 per cent is lower than the potential but exuded confidence that the second half to be better. Several high-frequency indicators in the month of October are pointing towards that, he told reporter here. Seth also said that quarterly estimates have been revised upwards in the past when full GDP numbers are available. "Numbers are lower than what our potential is but not alarming...GDP growth will be much higher in the third and fourth quarter," he said. The Economic Survey projected India's GDP to grow at 6.5-7 per cent in 2024-25, down from a high of 8.2 per cent in the the preceding financial year. India's economic growth slowed to near two-year low of 5.4 per cent in the July-September quarter of this fiscal due to poor performance of manufacturing and mining sectors as well as weak consumption. The gross domestic product (GDP) had expanded by 8.1 per cent in the July-September quarter of 2023-2

GDP growth likely bottomed out; inflation to prevent December RBI rate cut

The CPI inflation for Q3 FY2025 is expected to overshoot the MPC's estimate of 4.8 per cent for the quarter by at least 60-70 bps

Markets Today: GDP; Nov Mfg PMI; Dow & S&P 500 at record; FIIs; auto sales

The preceding week ended on a positive note for equity benchmarks. On Friday, the BSE Sensex surged 0.96 per cent to close at 79,802.79, while Nifty also gained 0.91 per cent to settle at 24,131.10

Sharp slowdown: Solutions will need to go beyond interest rate cuts

Some economists believe that a pickup in government capital expenditure will help accelerate growth

GDP growth hits 7-quarter low of 5.4% in Q2 as manufacturing slows

Slowdown prompts calls for policy rate cuts in February

Q2 growth disappointing but 6.5% GDP target for FY25 'not in danger': CEA

The Economic Survey projected India's GDP to grow at 6.5-7 per cent in 2024-25, down from a high of 8.2 per cent in the the preceding financial year

Markets Today: GDP; Sensex, Bankex new expiry day; Enviro Infra IPO listing

Thursday's session proved challenging for domestic markets, with benchmarks plunging sharply on the monthly F&O expiry. Sensex crashed 1,190 pts to 79,043.74, while Nifty slid 360.75 pts to 23,914.15

Sluggish demand likely weighed on India's GDP growth in Sept quarter: Poll

Passenger vehicle sales recorded their first decline in 10 quarters and sales of two-wheelers experienced a sharp slowdown

S&P Global cuts India's GDP growth forecast to 6.7% for FY26, 6.8% for FY27

S&P Global Ratings on Monday revised down its estimate for India's economic growth in the next two financial years as high interest rate and lower fiscal impulse temper urban demand. In an update to its economic forecast for Asia-Pacific economies after US election results, the rating agency projected a 6.7 per cent GDP growth rate in 2025-26 financial year (April 2025 to March 2026) and 6.8 per cent in the following fiscal year, down from 6.9 per cent and 7 per cent, respectively in previous projections. For FY25, S&P Global pegged GDP growth rate at 6.8 per cent. "In India we see GDP growth easing to 6.8 per cent this fiscal year as high interest rates and a lower fiscal impulse temper urban demand. While purchasing manager indices (PMIs) remain convincingly in the expansion zone, other high-frequency indicators indicate some transitory softening of growth momentum due to the hit to the construction sector in the September quarter," it said. The agency expects India's GDP to

Impacting growth, liquidity management: Shifting sands of fiscal policy

There is a very high chance that the actual fiscal deficit target will undershoot even 4.9 per cent of GDP as there was a decline in government expenditure during the general elections

Heady to steady: Economic growth slows but becomes more broad-based

Using the widest variety of data available should give a more thorough picture of growth trends

GDP growth likely to slip to 6.5%, FY25 growth estimate at 7%: ICRA

Domestic rating agency Icra on Wednesday said India's real GDP growth for the September quarter is likely to decline to 6.5 per cent due to heavy rains and weaker corporate performance. The agency, however, maintained its FY25 growth estimate at 7 per cent on expectations of a pick up in economic activity in the second half of the fiscal. The estimates and commentary on the outlook come at a time when there are concerns around the growth slowdown on a slew of factors like slowing down urban demand. The RBI is sticking to its estimate of 7.2 per cent growth for the fiscal, but a majority of watchers expect it to be under the 7 per cent figure and many have been revising down in the last few weeks. Official data for the Q2 economic activity is expected to be published on November 30. In Q1, the GDP expansion had come at 6.7 per cent. Icra said the dip in Q2 will be due to factors like heavy rains and weak corporate margins. "While government spending and kharif sowing have shown ..