Page 16 - Gdp Growth

RBI's GDP projections, gains in IT stocks help Indian shares trade higher

The NSE Nifty 50 index was up 1% at 23,060 points and the S&P BSE Sensex added 1.2% to 75,941 points after the rate decision

Policy, valuations could keep rural stocks in play post-2024 polls result

A refocus on defensive stocks with relatively lower valuations and a rural exposure is likely to be where the smart money will go

Financial markets were given artificial booster dose by exit polls: Cong

As financial markets went for a tumble on Tuesday after the trends of the Lok Sabha poll results showed that the BJP was not getting a majority on its own, the Congress said the markets were given an artificial booster dose by the exit polls and have now turned turbulent. The Congress also recalled the words of former prime minister Manmohan Singh in 2004 to say that the party is committed to an orderly and healthy development of the financial markets that reflect the fundamentals of the economy. Congress general secretary Jairam Ramesh said the party-led United Progressive Alliance (UPA) government provided a fear-free and intimidation-free 10-year period (2004-14) for the private sector that helped the country achieve its highest GDP growth. "Financial markets that were given an artificial booster dose by the exit polls are turbulent today. In this context, it is wise to recall the words of Dr Manmohan Singh on May 17th 2004, the last occasion on which the markets were faced with

India Q4 GDP data: Big-bang ending for FY24

The data for the fourth quarter takes FY24's GDP growth to 8.2 per cent Y-o-Y, which is 0.4 percentage points higher than our projected estimate for the year

India's GDP exceeds estimates, grows at 8.2% in FY24 and 7.8% in Q4

Grows 7.8% in Q4, thanks to increased tax mop-up

GDP growth slows down in USA and Japan; remains same in Germany

The OECD expects the US and China, the two largest economies, to slow down in 2025

Highlights: India's FY24 fiscal deficit lower than full-year target, shows data

India GDP data release updates: Catch all the news updates on the release of India's Q4 GDP data here

India's GDP growth rate jumps to 7.8% in Q4; FY24 growth at 8.2%

In the previous quarter, GDP growth rate accelerated to 8.4%, it was 7.6% in the July-September quarter

India Q4 GDP numbers today: Will the actual data match the predictions?

India's GDP growth rate accelerated to 8.4% in Q3FY24; FY24 growth estimate at 7.6%

India to grow 7% in FY25, fastest among major economies: RBI annual report

Indian economy is projected to grow at 7 per cent -- the fastest among major economies across the world -- in the current fiscal year, underpinned by a sustained strengthening of macroeconomic fundamentals, the Reserve Bank of India (RBI) said in its latest annual report on Thursday. While the central bank expected headline inflation to moderate further, it flagged risks to food inflation saying that it remains vulnerable to supply-side shocks. The RBI's balance sheet size surged 11.08 per cent to Rs 70.48 lakh crore (about USD 845 billion) as of March 31, 2024. This was nearly 2.5 times that of Pakistan's entire GDP of close to USD 340 billion. The Indian economy, it said, expanded at a robust pace in 2023-24 (April 2023 to March 2024 financial year), with real GDP growth accelerating to 7.6 per cent from 7.0 per cent in the previous year -- the third consecutive year of 7 per cent or above growth pace. The economy showed resilience in FY24 (2023-24 fiscal) despite persistent ...

IMF upgrades China's 2024, 2025 GDP growth forecasts after 'strong' Q1

The global lender now expects the world's second-largest economy to grow 5 per cent in 2024 and to slow to 4.5 per cent in 2025

India's GDP growth in Q4 likely slowed to at least a four-quarter low

NSO to release Q4 growth numbers, FY24 provisional estimates on Friday

Electricity subsidies are getting done better

On-Budget subsidies create more gratitude in the voter

A better way to fix MGNREGS

The problems of the rural job scheme should be tackled through stricter monitoring, not by burden-sharing

Pakistan's GDP grows 2.09% in Q3 supported by higher growth in agriculture

The bureau revised the first and second quarter GDP estimates for financial year 2023-2024 to 2.71 per cent and 1.79 per cent respectively, compared to earlier estimates of 2.5 per cent and 1 per cent

India's digital economy is growing 2.8x of GDP: Rajeev Chandrasekhar

'We are already the fastest-growing digital economy in the world, and for me, it is clear that we are aiming for a $1 trillion digital economy by 2027-28', he further added

UN revises India's GDP growth forecast by 70 basis points to 6.9%

The UN body also noted that surging demand for critical minerals presented new opportunities for developing economies but pointed to a need for innovation and policy and institutional reforms

UK exits recession with better-than-expected forecast 0.6% GDP growth

The Office for National Statistics said gross domestic product expanded by 0.6 per cent in the three months to March, the strongest expansion since the fourth quarter of 2021

India expects FY25 growth of over 7%, says CEA V Anantha Nageswaran

The possibility of growth touching 8% in the last fiscal year that ended on March 31 is quite high, he added

Economy will regress into 'fragile five' if Cong manifesto implemented: FM

If Congress' poll manifesto were to be implemented, the Indian economy currently ranked among the top five globally, would regress into the "fragile five", Union Finance Minister Nirmala Sitharaman said on Saturday. She claimed the Congress poll document is "more akin to a Muslim League document" and the BJP is duty-bound to question its import. Sitharaman's attack comes against the backdrop of the 'conducting an economic survey and x-ray of society' remarks made by Rahul Gandhi and the BJP's allegation that Congress is planning redistribution of wealth if voted to power. "It is the worst manifesto which is not in the interest of the nation," Sitharaman said. Speaking at a meeting with select journalists in Pune, the finance minister wondered whether the Congress has conducted the necessary financial planning to fulfil the assurances listed in its manifesto. "I know they are not coming to power, but I would still like to ask, even if the subject of the Congress manifesto were to b