Page 18 - Gdp Growth

Markets in India's decade

Have the markets already played out their dynamics before the economy has even properly taken off?

Interim Budget 2024-25 likely to set nominal GDP growth at 10-10.5%

Govt may finalise FY25 Interim Budget assumption this week

Growth adjustments

Weak consumption demand is a risk

GDP numbers for FY24 show discrepancies of Rs 2.59 trillion: NSO data

Discrepancies in computation of advance estimates of the country's Gross Domestic Product for 2023-24 stood at Rs 2.59 lakh crore as against (-) Rs 3.80 lakh crore in 2022-23 and (-) Rs 4.47 lakh crore in 2021-22, according to National Statistical Office (NSO). On Friday, the NSO released its first advance estimates of national accounts which showed that the Gross Domestic Product (GDP) or Indian economy will grow at 7.3 per cent in 2023-24, slightly higher than 7.2 per cent in 2022-23. According to data, there were discrepancies of Rs 2.59 lakh crore as against (-) Rs 3.80 lakh crore in 2022-23 and (-) Rs 4.47 lakh crore in 2021-22. Discrepancies in the statistical GDP data refer to the difference in national income under production method and expenditure method. According to experts, there will always be some discrepancies in national accounts because of delay in reporting of information by various agencies including state governments. About the high level of discrepancies in th

GDP growth data suggests a robust recovery

Economy-wide modelling while facing multiple exogenous shocks is clearly a task that is challenging and risky

Containing fiscal deficit at 5.9%: Low nominal GDP growth a challenge

The Budget had assumed nominal GDP to grow 10.5 per cent during 2023-24, but advance estimates have projected it to expand by just 8.9 per cent

Govt capex leads investment growth, 'skewed consumption' a concern

Sunil Kumar Sinha, principal economist, India Ratings says that a robust growth in GFCF reflects the sustained focus of the government on capital expenditure

UN report revises India's GDP projection downward to 6.2% for 2024

Despite revising the growth estimates for 2024 downward by 0.5 percentage points, the report projects a rebound in 2025, with a GDP growth projection of 6.6 per cent

India's GDP may grow 7.3% in FY24: Govt's first advance estimates

Construction, manufacturing likely key drivers; weak consumption growth among major concerns

CERC's new draft electricity tariffs: Little change for power utilities

Among companies, the Power Grid will see a minimal impact since most of its new assets are being built via competitive bidding

India's GDP growth pegged at 7.3% for FY24: Govt's first advance estimates

According to a statement, the growth in real GDP during 2023-24 is estimated at 7.3 per cent compared to 7.2 per cent in 2022-23

India likely to project higher GDP growth estimates of 7% for FY24: Report

S&P expects India, currently the world's fifth-largest economy, to grow at 6.4% this fiscal and estimates growth will pick up to 7% by fiscal 2027

Centre expected to maintain fiscal discipline in Interim Budget 2024

Interim budget likely to prioritise fiscal consolidation over populist spending, anticipating fiscal deficit at 4.5% of GDP by FY26

Ind-Ra ups FY24 GDP growth estimate to 6.7%, warns of fiscal challenges

On inflation, the Ind-Ra report said it expects retail inflation to cool off to 5.1 per cent and 4.7 per cent, respectively, in the third and fourth quarter of this fiscal, respectively

UK economy shrinks in Q3 as GDP contracts 0.1%, shows signs of recession

The medium-term outlook for the UK economy is far more optimistic than these numbers suggest," Hunt said in a statement

Gross fiscal deficit of Centre, states stays under 7% of GDP: RBI article

Lower disinvestment receipts are likely to be offset by sharp gains in non-tax revenues, mainly attributable to higher dividends from the Reserve Bank and other financial institutions

For us, India may become larger than China: Schneider Electric CEO

Peter Herweck, chief executive officer (CEO), spoke to Amritha Pillay about India outpacing global growth, labour-related challenges, and growth drivers

Inflation to ease to 4.6% in the first three quarters of 2024-25: RBI

The RBI bulletin released on Wednesday said that global growth continues to remain fragile and may slow down further in 2024

India's ad to GDP: Stuck at 0.4%

Why is the ratio low? What could be the underlying causes?

India's exports shrink again in Nov after Oct high; trade deficit narrows

The deficit had widened to a record $31.5 billion in October, as festival demand led to a sharp increase in the import of gold and silver