Page 8 - Gdp

Trump admin may exclude govt spending from GDP, obscuring DOGE cuts' impact

Commerce Secretary Howard Lutnick said Sunday that government spending could be separated from gross domestic product reports in response to questions about whether the spending cuts pushed by Elon Musk's Department of Government Efficiency could possibly cause an economic downturn. You know, that governments historically have messed with GDP, Lutnick said on Fox News Channel's Sunday Morning Futures. They count government spending as part of GDP. So I'm going to separate those two and make it transparent. Doing so could potentially complicate or distort a fundamental measure of the US economy's health. Government spending is traditionally included in the GDP because changes in taxes, spending, deficits and regulations by the government can impact the path of overall growth. GDP reports already include extensive details on government spending, offering a level of transparency for economists. Musk's efforts to downsize federal agencies could result in the layoffs of tens of thousands

Sustainable recovery: The policy challenge is to increase trend growth

In recent years, government capital expenditure has been a key driver of growth and is likely to continue playing this role in the foreseeable future

BS Manthan: Bilateralism now topping the agenda, says FM Sitharaman

The global churn and India's reset played out on day one of BS thought summit, with the who's who from government, economy, banking, defence coming together

India's Q3 GDP grows at 6.2%, FY25 forecast revised to 6.5%: Govt

Q3 GDP growth rebounds in second half of the year led by uptick in agricultural and industrial activity, along with resilient rural demand

Uday Kotak expresses concern on excessive financialisation, protectionism

He emphasized the need for India to improve productivity, avoid excessive protectionism and increase manufacturing as a percentage of GDP

US tariff hike may hit India's GDP growth by up to 0.6 pp: Goldman Sachs

This forecast considers various scenarios, including the US government's planned reciprocal tariffs in early April and the price elasticity of US demand for Indian exports

India's GDP growth likely rebounded to around 6.4% in Q3FY25: Poll

Poll of 12 forecasters shows pickup in rural demand, govt capex

India's share in world equity mcap declines to 18-month low of 3.63%

Combined mcap of country's listed companies down nearly $1,050 bn since September-end

Rajasthan trade bodies call for investment in agro-processing, agri-biz

In Rajasthan, a vibrant agri and food processing sector contributes to around 27 per cent of the state GDP and provides huge employment opportunities to the people

India can achieve 7% growth rate and should aspire for more: RBI Governor

RBI prioritises growth as inflation cools, cuts repo rate to 6.25% in Feb 2025 MPC meeting

Tax incentives will not lead to inflation: Revenue and Finance Secretary

He is confident of the government achieving 14.4 per cent growth in income-tax collection even after forgoing Rs 1 trillion revenue

Budget 2025: Defence still below 2% of GDP; 'Aatmanirbharta' push continues

Latest allocation continues five-year trend of declining defence spending as a share of GDP and budget, with FY26 showing a slight recovery in the latter but remaining unchanged in the former

Budget ready reckoner: Mkt borrowings' share declines, Centre's capex up

Reduction in sovereign debt-to-GDP ratio requires a decline in fiscal deficit in proportion to GDP

Epochal Budget to Dream Budget: 5 speeches that left an indelible mark

Since the independence of India, several finance ministers have presented Budgets that determined the course of the country's progress. Here are the five Budgets that left an indelible mark on economy

Economic Survey: 8% growth needed to reach 'Viksit Bharat' goal by 2047

Investment, jobs, and deregulation vital for India's development

Germany's GDP falls 0.2% in Dec qtr, recession fears return ahead of poll

Germany's gross domestic product fell by 0.2% in the fourth quarter compared with the previous three-month period, preliminary data from the statistics office showed on Thursday

Budget 2025: Why scrapping home loan tax benefits could hurt the common man

The socio-economic implications of scrapping the old tax regime for India's real estate sector - currently valued at $493 billion and contributing 7.3 per cent to GDP - deserve careful scrutiny

Disappointing Q2 GDP numbers aren't a blip but slowdown in economy: Cong

The Congress on Wednesday claimed that it is becoming clear that the "disappointing" Quarter 2 GDP growth numbers are not a blip but a clear slowdown in the economy and the post-pandemic bump is not broad-based enough to power long-term growth. Congress general secretary in-charge communications Jairam Ramesh cited an article in a newspaper which claimed that the fallout of limited job creation and muted wage growth can be seen in the greater recourse to debt. Ramesh said the article confirms the growing concerns on the Indian economy. "It is becoming clear that the disappointing Q2 GDP growth numbers aren't a blip but a clear slowdown in the economy. The Government's attempts to pass the buck on to the RBI's interest rate regime and foreign exchange market interventions is an attempt to escape responsibility," he said. The post-pandemic bump in growth was driven by a service exports boom and its knock-on effects but this is not broad-based enough to power long-term growth, Ramesh

Bad economics is corrupting politics, undermining good governance in India

Economic reformers should not remain beholden to free-market ideologies, corporate lobbies, or the sentiments of fickle stock markets

India's economy likely to grow 6.6% in 2025, 6.7% in 2026: UN report

The report highlighted that capital expenditure on infrastructure development is expected to have strong multiplier effects on growth in the coming years