Page 30 - India Gdp Growth

How India can achieve high GDP growth in the medium term

The optimism surrounding the Indian economy has gone up considerably in recent times. But, is all this optimism warranted, especially when we consider India's economic prospects in the medium term?

Does India have a case for the upgrade it seeks from rating agencies?

The economy is yet to reach pre-pandemic level on many fronts, fiscal deficit and debt-to-GDP ratio remain pain points; however, key reforms could work in the country's favour

RBI monetary policy: Report pegs FY23's economic growth at 7.8%

Survey shows inflation to soften further

Reserve Bank retains economic growth forecast at 9.5% for FY '22

RBI retained the GDP forecast for the current financial year at 9.5 per cent and flagged semiconductor shortages, elevated commodity prices and potential global market volatility as downside risks

Fitch cuts GDP growth projections to 8.7% for FY22 from 10% earlier

A day ahead of policy review, it expects RBI to hold policy rates during FY22

Expect more than 7% growth for India this decade: CEA Subramanian

Chief Economic Adviser K V Subramanian on Wednesday said India will clock over 7 per cent annual growth during this decade on the back of strong economic fundamentals

Economy slowly returning to pre-Covid, cloud over topping level two yrs ago

Economic recovery: GDP at constant prices during Q1 of FY22 was still 9.2 per cent lower than in Q1 of 2019-20, a pre-Covid period. But economists expect GDP to hit the pre-pandemic level by Q3FY22

ADB scales down India's economic growth forecast for this fiscal to 10%

The Asian Development Bank on Wednesday revised down India's economic growth forecast for the current fiscal to 10 per cent, from 11 per cent predicted earlier

India to post strong GDP growth in coming quarters even with inflation: S&P

India is expected to post strong economic growth in the coming quarters, even as inflation, led by food prices, is likely to remain elevated, S&P Global Ratings said on Wednesday. The economy is expected to clock 9.5 per cent growth in the current fiscal year, followed by 7 per cent expansion in the next year, it said, adding high nominal GDP growth would be important for ensuring fiscal consolidation going forward. "Given India's weak fiscal settings and high stock of debt around 90 per cent of GDP, the nominal GDP growth is going to be very important to prevent any further erosion of fiscal settings in the country and to enable some degree of fiscal consolidation going forward," S&P Global Ratings Director (Sovereign) Andrew Wood said. He said the fiscal deficit would remain elevated over the next two years but debt/GDP ratio is expected to stabilise or flatten out. Wood further said India's external position has strengthened in the context of the pandemic and India has been

GDP: The base matters but it is not the only thing that matters

Economic recovery is taking place: you can argue over its pace but denying it altogether is being wilfully blind.

Low base not sole contributor to GDP growth in June quarter: CEA

'The decline and the subsequent recovery was not reflecting anything about the fundamentals of the economy. It is only reflecting the economic restrictions that were placed or removed', said CEA

Jobs lost, wages cut: India's world-beating GDP masks pain of the pandemic

An economy that performs well below potential for too long will suffer a permanent loss, writes Andy Mukherjee.

Low base pushes up India's economic growth way ahead of others in Q1 FY22

Q1 GDP data: India's economic growth closer to UK's

Q1 GDP growth to set tone for economic revival in coming quarters: NITI VC

India's growth rebound in the first quarter of this fiscal will be the foundation of sustained expansion in successive quarters, Niti Aayog Vice Chairman Rajiv Kumar said on Tuesday

Top headlines: India's Q1 GDP grows 20.1%; PayU buys BillDesk for $4.7 bn

Business Standard brings you the top stories this evening

BSE m-cap hits Rs 250 trn as Sensex zooms 663 pts, Nifty climbs 17,100

Bharti Airtel (up 6.7 per cent) was the biggest gainer on the Sensex today, followed by Bajaj Finance, Bajaj Finserv, Asian Paints, TCS, Titan, and Tech Mahindra

India's GDP expected to grow at 22-23% in June quarter: Acuite Rating

The intensity of the second wave of Coronavirus (Covid-19) and the subsequent lockdowns across almost all states disrupted the contact intensive services again in Q1

GDP growth likely touched record in April-June, riding on weak base: Poll

Reuters poll of 41 economists confirmed gross home product rose 20.0% in the three-month interval, in contrast with a record contraction of 24.4% in the identical quarter a year earlier

India's GDP likely to grow at 18.5% in Q1FY22: SBI report

The country's gross domestic product (GDP) is expected to grow at around 18.5 per cent with an upward bias in the first quarter of the current financial year, according to SBI research report Ecowrap

Ind-Ra revises GDP growth projection to 9.4% in FY22 and 15.3% in Q1

In June, the rating agency had said that the GDP would grow by 9.6 per cent if the country is able to vaccinate its entire adult population by December 31 this year