Page 27 - India Gdp Growth

Investments must stand before they can run

Key flank of India's growth gambit runs into the knock-on effects of the Russia-Ukraine war

GDP growth projections in Budget not credible, says P Chidambaram

He urged Finance Minister Nirmala Sitharaman that she must reassess these growth projections and tell the House about the more realistic nominal and real GDP growth numbers

India's 2022 GDP growth downgraded to 4.6% due to war in Ukraine: UN report

The report noted that a number of developing country central banks also engaged in quantitative easing: active purchasing of bonds in the open market

Moody's lowers India growth estimate for CY22 to 9.1% on Ukraine conflict

Last month, the agency revised India's economic growth estimates in CY2022 upwards to 9.5 per cent from 7 per cent on stronger than expected recovery.

Morgan Stanley cuts India GDP growth forecast to 7.9% for FY23

As higher oil prices torpedo economic recovery worldwide, Morgan Stanley has cut India's GDP forecast for the fiscal year beginning April 1 by 50 basis points to 7.9 per cent

India's GDP growth expected at 7.8% in fiscal 2023, says Crisil

India's gross domestic product (GDP) growth is expected to come in at 7.8 per cent in fiscal 2023, said ratings agency Crisil.

Ukraine conflict likely to affect growth: RBI MPC member Jayanth Varma

Asia's third-largest economy is projected to grow 8.9 per cent in the fiscal year ending March 31, slower than previously anticipated 9.2 per cent, according to the recent government data.

Higher nominal GDP may give Centre a leeway to cut duty on petrol, diesel

Former RBI governor C Rangarajan believes it would be 13 per cent, though his projection came before the war

India's economy faces headwinds amid Russia-Ukraine crisis, says Emkay

India will see lower than previously forecast economic growth because of disruptions from the latest wave of coronavirus cases

GDP advance estimates may be cut to 8.6%, says India Ratings

India Ratings said that according to the revised estimates, the GDP growth in FY20 now stands at 3.7 per cent compared to 4 per cent earlier.

India Ratings pegs GDP growth for FY22 at 8.6% after data revision

India Ratings has revised downwards its GDP growth forecast for 2021-22 to 8.6 per cent from the consensus 9.2 per cent projected earlier. The National Statistical Organisation (NSO), which has forecast 9.2 per cent real GDP growth for the year, will release the second advance estimate of national income on Monday. According to an India Ratings analysis, NSO is likely to peg the FY22 real gross domestic product growth at Rs 147.2 lakh crore. This translates into a GDP growth rate of 8.6 per cent, down from 9.2 per cent forecast in the first advance estimate released on January 7, 2022. The major reason for the likely downward revision is the upward revision of FY21 GDP to Rs 135.6 lakh crore in the first revised estimate of national income for FY21, which was released on January 31, 2022, the agency said. As a result, GDP for FY21 is improved to (-) 6.6 per cent from the provisional estimate of (-)7.3 per cent released on May 31, 2021. Besides this, the second revised estimate of

Barclays forecasts India's GDP growth at 6.6% in December quater

Foreign brokerage Barclays said the Indian economy is likely to have expanded by 6.6 per cent in the December quarter.

India's GDP likely to grow at 5.8% in Oct-Dec, says SBI report

India's gross domestic product (GDP) is likely to grow at 5.8% in the third quarter of fiscal 2022 from October to December, says Ecowrap- SBI's research report.

Top headlines: CBI quizzes ex-NSE CEO, IndiGo co-founder resigns from board

Here are the top headlines on Friday

Economy may have grown 5-6.3% in Q3, likely to expand by 8.5-9.1% in FY22

Both these numbers--the second advance estimates for 2021-22 and the actual GDP growth for Q3 of the year--are slated to be released on February 28

Budget brings stability, inflation less than that during 2008 crisis: FM

There is no question of a slowdown or recession, said Sitharaman, as she cited an estimated 9.2 per cent GDP growth in the current fiscal year ending March 31

Real GDP growth for FY23 projected at 7.8%, says RBI Governor

The Reserve Bank's growth projection for next financial year is lower than 8-8.5 per cent projected by the Finance Ministry in the recent Economic Survey

Little fiscal headroom for govt to respond to future shocks: Fitch

Rating agency says it revised Outlook on India's rating to Negative from Stable in June 2020, partly due to its assumptions about pandemic impact on public finance metrics

Will wholesale inflation fall in FY23 as the Centre expects it to?

Govt's conservative nominal GDP growth estimate suggests it expects a low-inflation, high-growth FY23. But there are potential downsides to growth & upsides to inflation, especially wholesale

Don't blame Covid alone: $5 trn economy goal to be delayed by two years

Next three years will have to deliver 17% nominal GDP growth to take economy to $5 trn by FY25; If Budget assumption on growth is accepted, FY24 and FY25 should yield 20% growth each