Page 46 - Gdp

OECD cuts global GDP forecast amid Covid-19 variant concerns

Global growth is set to hit 5.6% this year before moderating to 4.5% in 2022 and 3.2% in 2023, the Organisation for Economic Cooperation and Development said

Top headlines: Omicron variant scare; GDP passes pre-Covid level

Vaccine makers in India say they can scale up production to deal with new crises. More on that in our top headlines.

GDP grows 8.4% in Q2; demand, services drag down economic activities

GDP remained almost flat, barely managing to expand 0.3% over the pre-Covid period of Q2 FY20

S&P keeps India GDP growth forecast unchanged at 9.5% in FY22

S&P Global Ratings on Tuesday kept India's economic growth forecast in the fiscal year to March 2022 unchanged at 9.5 per cent but raised its predictions for the subsequent year on broadening out of the recovery. The Indian economy had shrunk by 7.3 per cent in 2020-21 fiscal (April 2020 to March 2021) as pandemic induced restrictions battered business activity. The gradual lifting of the restrictions has helped the economy to rebound from pandemic lows. "India is learning to live with the virus. Following the peak in COVID-19 cases around mid-year, the stringency index has declined, mobility has recovered, and consumer and business confidence has improved," S&P Global Ratings said in a report. Rising inflation is a pressure point, unlike elsewhere in emerging Asia. But external demand continues to support growth. Recent high-frequency indicators such as the October services purchasing managers' index reading of 58.4 suggest a strong recovery is underway. "We leave our growth .

GDP grows at 8.4% in Q2: India still fastest growing large economy in world

While India's economy still has to recover compared to the pre-Covid economic activities at a reasonable rate, the story around the world is no different

India's GDP passes pre-Covid level, but by a tad; France still 0.4% below

The structure of each country's GDP was different, with different components driving up growth, even before the pandemic

GDP report card: Agriculture sees 4.5% growth in second quarter

In 2020-21, pulses production went down by 6.65 per cent between the first and fourth advance estimates

Omicron a mere speed breaker for GDP, vaccination drive will quell impact

While the non-services segments are expected to accelerate in Q3 and Q4, the omicron effect can play a role in guiding growth of services

Govt health expenditure share in GDP increases from 1.15% to 1.35%

There has been an increase in the share of government health expenditure in the total GDP of the country, according to the National Health Account Estimate report

GDP growth to accelerate further to 9.8% in FY23: Goldman Sachs

The GDP is widely expected to grow at a faster pace due to the base effect in 2021-22

India's FY22 GDP projection upgraded to 9.3%-9.6% range: SBI Ecowrap

SBI Ecowrap also lists 5 growth enablers despite Modi's U-turn on farm laws

Time to harvest the tailwind in exports

The current high tide in global trade offers an opportunity for India to get its exports strategy in order before growth dips again

India's GDP is likely to grow at 10% in FY22, says Bibek Debroy

India's economy is moving towards a higher growth trajectory and is likely to grow at around 10 per cent in 2021-22, Economic Advisory Council to the Prime Minister Chairman Bibek Debroy said

India set to re-emerge as among fastest-growing economies, says RBI

RBI report is bullish on India prospects despite uncertain global conditions amid risk of faster policy normalisation by central banks leading to tighter financial conditions, stifled growth impulses

Growth to exceed 10% in FY22 on strong agri recovery, says Niti VC

Indian economy is expected to grow by more than 10 per cent in the current fiscal supported by a record kharif crop and bright rabi prospects, Niti Aayog Vice-Chairman Rajiv Kumar has said

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

India Inc's profit-to-GDP ratio rebounds to highest in a decade

Huge improvement in share to 4% from just 1.6% in FY20, shows study by ICICI Securities

China's prosperity goals and the world

Xi Jinping's new vision for the economy means less prosperity for people globally

UK GDP grew 0.4% in Aug as Covid curbs continue to ease

The UK's GDP is estimated to have grown by 0.4 per cent monthly in August as Covid-19 restrictions continued to ease across the country, the Office for National Statistics (ONS) said.

Govt debt likely to breach 90% of GDP this year, says IMF report

The Centre's debt was at 58.8 per cent of GDP in FY21. It fell slightly to 57.6 per cent in the first quarter of FY22