Page 6 - Gross Domestic Product

Q2 growth disappointing but 6.5% GDP target for FY25 'not in danger': CEA

The Economic Survey projected India's GDP to grow at 6.5-7 per cent in 2024-25, down from a high of 8.2 per cent in the the preceding financial year

India's economy: Extended tight monetary policy may curb growth further

The forward-looking policy bias might create room to lower rates in early 2025

Thailand set to reap $2 bn Rainbow Tourism boon with same-sex marriage law

The same-sex law that's slated to take effect in January will also create 152,000 full-time equivalent jobs and will help lift the nation's gross domestic product by 0.3 per cent

India to release GDP data 90 minutes earlier at 4 pm, to align with markets

The first GDP data release under the new schedule is set for November 29, covering the second quarter of FY25

Economic growth questions: Some high-frequency indicators remain puzzling

Growth in GDP in the first quarter this financial year declined to a five-quarter low of 6.7 per cent

BS Samriddhi: UP's GSDP to surpass Rs 32 trillion in FY25, says CM Yogi

UP Yogi Adityanath added that the crackdown on land mafias by the anti-land mafia squad has freed 64,000 hectares of land

Net financial wealth of households touched all-time high in Q1 FY25

Motilal Oswal report shows assets have grown at a faster pace since the pandemic

Not just lateral appointments, India needs major administrative reforms

If India wants to be "Viksit Bharat" in 21st century, it can't do so with a 19th-20th century colonial-style administration. Core govt functions need a more professionally trained civil service

Economic momentum intact for 6.5-7% growth in FY25: Finance Ministry

The ministry added that both the consumer and industrial outlook surveys, which showed a declining trend, need to be monitored for future trends

Onwards to Viksit Bharat

Initiating policy reforms on the priorities outlined in the Budget without delay is crucial for India's developmental goal

Strategic reforms can enhance India's appeal to global investors: GTRI

Strategic reforms are needed to enhance India's appeal to global investors as despite having huge potential, FDI data shows that the country has not fully capitalised on its opportunities, think tank GTRI said on Thursday. Suggesting a four-step plan, the Global Trade Research Initiative (GTRI) said that measures which can help India position itself as a leading choice for foreign investors include reducing cost disadvantages for companies relocating to India, improving the Ease of Doing Business throughout the business lifecycle, and establishing a framework for evaluating investment proposals. India attracted USD 44.4 billion in FDI (foreign direct investment) in FY2024, which is only 1.1 per cent of its GDP. The country lagged significantly behind countries like China (USD 189.1 billion), Brazil (USD 86.1 billion) , Australia (USD 61.6 billion), and Canada (USD 52.6 billion) as noted in the World Development Report 2023, it said. It suggested that India must offer a more ...

PM Modi urges states to attract FDI, suggests 'investor-friendly charter'

Investor friendly charter, zero poverty and demographic management plans highlights of NITI Aayog meet

The questions for policymakers

What is the state of the economy, and the implications for policy?

Data dynamics

The advisory committee has its task cut out

Uncle Sam's dollar Ponzi scheme

US's terrible political and economic leadership will ultimately cost the dollar its value. India must act early to avoid being dragged down

A progressive era for India?

The primary focus of development policy must shift decisively to expanding opportunities for the underprivileged

Trickling down to Viksit Bharat

Strong trickle-down through wage growth would eventually lead to a higher consumption of essential items such as basic clothing, utensils, and personal care products like soaps

Building blocks

Next govt must build on macro strengths

India's GDP growth rate jumps to 7.8% in Q4; FY24 growth at 8.2%

In the previous quarter, GDP growth rate accelerated to 8.4%, it was 7.6% in the July-September quarter

India's GDP growth likely to outpace China's in 2024-28, says EIU

The report suggests that as India's economic heft expands, there would be a crossover in the mid-2040s with BRICS nations taking over the G7 in terms of nominal gross domestic product (GDP)