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New GDP series
Page 44 - Latest Updates on New GDP series
India on path of economic recovery aided by govt reforms: DEA Secy
Notwithstanding the pandemic, he said, the government continued with the reform process and many strategic reforms were announced even during Covid-19
 "India on path of economic recovery aided by govt reforms: DEA Secy")
India current account surplus at 0.9% in Q1FY22 after previous qtr deficit
Low fuel demand, higher NRI remittances drive surplus
 "India current account surplus at 0.9% in Q1FY22 after previous qtr deficit")
BS Number Wise: Home truths about Indian real estate in the pandemic
Top tenants of commercial real estate-mostly IT companies-actually added to their office stock and demand for residential space is reviving.
 "BS Number Wise: Home truths about Indian real estate in the pandemic")
Icra revises up India's fiscal 2022 GDP growth forecast to 9%
Icra said it expects the second half of the fiscal year to have brighter prospects.
 "Icra revises up India's fiscal 2022 GDP growth forecast to 9%")
Indian economy on sustained path of revival: Finance Minister Sitharaman
She said that the confidence in the Indian stock market is growing as retail and small investors are keenly investing money in the share market.
 "Indian economy on sustained path of revival: Finance Minister Sitharaman")
The VW recovery and beyond
Covid scars may outweigh growth gains from reforms in the medium term
 "The VW recovery and beyond")
Most FDI proposals in 3 depts from nations sharing land border with India
Electronics and IT, industry and internal trade, and heavy industries are the three industries
 "Most FDI proposals in 3 depts from nations sharing land border with India")
9.5% growth projection for whole year seems on track: RBI Dy Governor Patra
Reserve Bank will remain in surplus mode and the liquidity management framework will continue in absorption mode, he added
 "9.5% growth projection for whole year seems on track: RBI Dy Governor Patra")
Household debt may have declined to 34% in Q1 FY22, says SBI report
The household debt as a percentage of gross domestic product (GDP) may have declined to 34 per cent in the first quarter of 2021-22, according to an estimate by the State Bank of India's research report Ecowrap. The COVID-19 pandemic has resulted in a spike in household debt to the GDP rate. As per the report, it rose sharply to 37.3 per cent in 2020-21 from 32.5 per cent in 2019-20. We estimate that household debt as a percentage of GDP has declined to 34 per cent in Q1 FY22 with the commensurate rise in GDP in the first quarter, though it has increased in absolute terms, the research report released on Wednesday showed. In absolute numbers, the household debt has increased to Rs 75 lakh crore in the first quarter of FY22 from Rs 73.59 lakh crore in FY21, it said. It said the recently released India Debt & Investment Survey (AIDIS) report for 2018 showed an increase in the average amount of debt among rural as well as urban households between 2012 and 2018. The average amount of
 "Household debt may have declined to 34% in Q1 FY22, says SBI report")
Why has India's growth slowed?
The slowdown in growth is primarily on account of the banking crisis
 "Why has India's growth slowed?")
RBI optimistic about 9.5% GDP growth estimate for FY22 being met: Das
'We don't anticipate a scenario of high inflation getting generalised, high asset prices not feeding price rise,' says RBI Governor
 "RBI optimistic about 9.5% GDP growth estimate for FY22 being met: Das")
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 market capitalisation to GDP ratio hits 13-year high of 122%
Comes in the backdrop of 0.7% growth in India's annualised GDP at current price
 "India's market capitalisation to GDP ratio hits 13-year high of 122%")
Low base drives up India's GDP growth to record 20.1% in Q1FY22
Growth yet to get back to pre-covid level, CEA sees it happening next year
 "Low base drives up India's GDP growth to record 20.1% in Q1FY22")
Apr-Jul fiscal deficit narrows to 9-year low, reaches 21.3% of FY22 target
Non-tax revenues such as dividends from RBI and public sector banks yielded Rs 1.39 trillion
 "Apr-Jul fiscal deficit narrows to 9-year low, reaches 21.3% of FY22 target")
Why GDP expansion by 20.1% in Q1 of FY22 is misleading
Distorted base of last year's stringent nationwide lockdown obscured devastation of second wave of Covid-19 that came with staggered state-wise curbs in Q1 of current fiscal
 "Why GDP expansion by 20.1% in Q1 of FY22 is misleading")
Economy to see robust growth on back of structural reforms, capex push: CEA
GDP data re-affirms govt's prediction of an imminent V-shaped recovery, says K V Subramanian
 "Economy to see robust growth on back of structural reforms, capex push: CEA")
Two years lost
Second wave damped hopes of recovery in Q1
 "Two years lost")
India's GDP growth accelerates to 20.1% in Q1FY22 on low base
The rebound came despite the drag from the deadly second wave of the coronavirus, which forced states across India to reimpose localised lockdowns
 "India's GDP growth accelerates to 20.1% in Q1FY22 on low base")
Q1 GDP more of a statistic rather than a reflection of the state of economy
These growth numbers will moderate going ahead, as the base effect becomes weaker provided there are no further lockdowns
 "Q1 GDP more of a statistic rather than a reflection of the state of economy")