Page 32 - Gdp Growth
Indian economy likely picked up in Sept quarter before Omicron spread: Poll
Reuters survey of 44 economists projected GDP data will show 8.4% year-on-year growth: the fastest among major economies.
 "Indian economy likely picked up in Sept quarter before Omicron spread: Poll")
India's GDP seen growing at 8.3% in Q2, 9.4% full year: Report
Leading rating agency India Ratings expects the economy to grow 8.3 per cent in Q2 and close the year with 9.4 per cent in FY'22, which is 10 bps lower than the consensus forecast. The agency has attributed the higher growth to the nine consecutive quarters of over 3 per cent agriculture growth, which has brightened consumer spending and the resultant uptick in private final consumption expenditure, which is likely to clip at around 10 per cent in the September quarter of the current fiscal. Another major reason is the near three-fold jump in vaccination, which soared to 890.21 million as of October-end from 335.72 million at June-end. The government will announce the numbers on Tuesday. Noting that Q1 was impacted by the second wave leading to reduced workplace mobility and in turn economic activities, which at end-Q1 was 26 per cent lower than the base line and 16 per cent lower than baseline in FY21, it said mobility started improving only in Q2 yet it was only 7 per cent ...
 "India's GDP seen growing at 8.3% in Q2, 9.4% full year: Report")
Indian GDP likely boosted in July-Sept as lockdowns lifted: Reuters poll
The Reserve Bank of India has pegged growth for the same period at 7.9%
India's GDP expected to grow by 8.5% YoY in Q2FY22: Acuite
India's Q2FY22 GDP is expected to grow by 8.5 per cent on a year-on-year (YoY) basis amid support from a favourable base, Acuite Ratings and Research said
India's Q2 GDP likely to grow 8.1%, says SBI research report
FY22 projection raised to 9.3-9.6% range
Bright crop prospects will boost rural demand, says NITI Aayog
The consumer price index (CPI) fell to 4.3 per cent in September 2021, the lowest since April 2021.
 "Bright crop prospects will boost rural demand, says NITI Aayog")
Real GDP expected to grow at 8-9% YoY in Q2FY22: Motilal Oswal
The real GDP is the inflation adjusted figure of all the finished goods and services produced in a country within a specific time period
 "Real GDP expected to grow at 8-9% YoY in Q2FY22: Motilal Oswal")
Festival cheer and beyond: Admirable sangfroid in the face of negative news
The government's recent spate of programmes should be expected to generate some momentum, but the macro-economic numbers are not encouraging, notes T N Ninan
RBI's dovish policy gives Sensex 381-pts boost; RIL up 4%, IT stocks shine
The central bank also retained the GDP growth forecast at 9.5% for the on-going fiscal year and revised CPI inflation projection downward to 5.3% which also supported sentiment
 "RBI's dovish policy gives Sensex 381-pts boost; RIL up 4%, IT stocks shine")
Expect more than 7% growth for India this decade: CEA Subramanian
CEA told an American audience from the corporate sector that 'the fundamentals of the economy were strong, even before the pandemic. There were only financial problems'
 "Expect more than 7% growth for India this decade: CEA Subramanian")
Sharp rise in natural gas prices, power outages worsen inflation worries
Brent crude up nearly 20% in the past month and hit a 3-yr high on Tuesday
 "Sharp rise in natural gas prices, power outages worsen inflation worries")
India economy to grow at 7.2% in 2021 but could decelerate next year: UN
The report said that India suffered a contraction of 7 per cent in 2020 and is expected to grow 7.2 per cent in 2021.
 "India economy to grow at 7.2% in 2021 but could decelerate next year: UN")
Expect real GDP growth of 7 to 8% in 2Q FY22, says Motilal Oswal
Motilal Oswal Financial Services on Monday projected a real gross value added growth of 7 to 8 per cent year-on-year in the second quarter of current fiscal year versus 20.1 per cent growth in 1Q FY22
 "Expect real GDP growth of 7 to 8% in 2Q FY22, says Motilal Oswal")
Top headlines: Car sales skid, Prosus joins top global investors, and more
From vehicle sales taking a beating in August to Jet Airways' plans to resume service by early 2022, Business Standard brings you the top headlines at this hour
 "Top headlines: Car sales skid, Prosus joins top global investors, and more")
India's core sector output grows 9.4% in July on the back of low base
Except crude oil, 7 sectors have shown an uptick YoY
 "India's core sector output grows 9.4% in July on the back of low base")
Economic growth may not hold if private spend dips, say economists
Economists say revival will hinge on govt spending, policy support
 "Economic growth may not hold if private spend dips, say economists")
BSE m-cap hits Rs 250 trn as Sensex zooms 663 pts, Nifty climbs 17,100
Bharti Airtel (up 6.7 per cent) was the biggest gainer on the Sensex today, followed by Bajaj Finance, Bajaj Finserv, Asian Paints, TCS, Titan, and Tech Mahindra
 "BSE m-cap hits Rs 250 trn as Sensex zooms 663 pts, Nifty climbs 17,100")
Economists project GDP growth at 14%-23% in Q1FY22
The growth was projected on a low base of 24.4 per cent contraction in the gross domestic product in Q4 of the previous financial year.
 "Economists project GDP growth at 14%-23% in Q1FY22")
Govt aims to raise auto sector contribution to GDP, job creation: Gadkari
The government looks to increase contribution of automobile sector to India's GDP to 12 per cent from the present 7.1 per cent and grow employment generation to 50 million from the current 37 million
 "Govt aims to raise auto sector contribution to GDP, job creation: Gadkari")
India's GDP likely to grow at 18.5% in Q1FY22: SBI report
The country's gross domestic product (GDP) is expected to grow at around 18.5 per cent with an upward bias in the first quarter of the current financial year, according to SBI research report Ecowrap
 "India's GDP likely to grow at 18.5% in Q1FY22: SBI report")