Page 13 - India Gdp

GDP figure exposes lies of Rahul's 'market of hate' against India: BJP

The BJP on Wednesday accused Rahul Gandhi of "spreading a market of pessimism, hate and distrust" against India's development journey as it cited the robust 7.2 per cent annual economic growth of the country to target the Congress leader. Addressing a press conference, BJP leader and former Union minister Ravi Shankar Prasad said Gandhi's claim of spreading the message of love amid alleged hatred is merely an excuse for him as his priority is to spread hate against India's development under Prime Minister Narendra Modi's leadership. "The GDP figure has exposed the lies of your market of hate," he said, attacking the former Congress president. Prasad cited an interaction between Gandhi and former RBI governor, an apparent reference to Raghuram Rajan, to note that the opposition leader had claimed that India's exports were slowing down and the country would be lucky to have five per cent growth. "Every prediction of the sponsored expert has proved wrong," he claimed, dubbing Gandhi a

Manufacturing PMI hits 31-month high in May, helped by demand and output

Last month's data points to 23-month rise in factory orders straight: Survey

JPMorgan hikes India's FY24 GDP forecast to 5.5%; warns of global slowdown

The economy also grew at a better-than-expected 7.2% for fiscal 2023

Curb your enthusiasm

The detail of the GDP data also throws up some inconsistencies, curbing one's enthusiasm from the fear of future data revisions

Sensex slips 347 pts on profit-taking, Nifty holds 18,500; RIL, SBI dip 2%

Stock market live updates: At 7:15, the SGX Nifty futures were down around 30 points at 18,680

GDP preview: Why is India likely to retain fastest-growing economy tag

Growth in services and manufacturing and private investment rebound likely to have helped economy in Q4

Per capita GDP for Bangladesh higher than India till 2022, says IMF

Despite having the fastest growth, India experienced a contraction in FY21, and growth is expected to slow down during the current fiscal year

India's additional green financing need at 2.5% of GDP: RBI report

PSBs more vulnerable to shocks than private banks

India's GDP to grow at 6.2% in FY24, RBI to cut rate in Q1: Morgan Stanley

The report also said the inflation in India is likely to be below 5 per cent in the second quarter of calendar year 2024

Nine states may surpass national nominal GDP growth of 10.5%: Report

According to data available with the Ministry of Statistics and Programme Implementation (MoSPI), Uttar Pradesh, under the leadership of CM Yogi Adityanath, expects to be the top performer

Global environment gloomier, India to grow at 6% next year: CRISIL

CRISIL said that the risks to inflation are 'tilted upward' due to the predictions of El Nino over the next couple of months

Fiscal slippage in FY23 likely as govt seeks to spend Rs 1.5 trillion more

The additional spending demands are led by fertiliser subsidy, defence pensions, allocation for Universal Service Obligation Fund (USOF) and GST compensation to states and UTs

GDP growth may exceed 7% this fiscal, says CEA V Anantha Nageswaran

Chief Economic Advisor V Anantha Nageswaran on Thursday expressed hope that the GDP growth for the current financial year will exceed the projected 7 per cent in view of the expected revision of high frequency data. On Tuesday, the second advance estimate released by the National Statistical Office (NSO) maintained the growth projection of 7 per cent as was projected in the first advance estimate which was released in January. "Given the high frequency indicators and the pace at which they are recovering, I do believe that the current year's (GDP numbers)... are more likely to (be) revised upward than downward," he said here. Real GDP or GDP at Constant (2011-12) Prices in the year 2022-23 is estimated at Rs 159.71 lakh crore as against the first revised estimate of GDP for the year 2021-22 of Rs 149.26 lakh crore. The growth in real GDP during 2022-23 is estimated at 7 per cent as compared to 9.1 per cent in 2021-22, the NSO had said. The growth slowed to 4.4 per cent in the ...

How will the markets read into the state election outcome in 2023?

While markets eye both economic and political issues, in the medium-to-long term, analysts believe election results do not matter much

TMS Ep379: GDP slowdown, fake websites, textile stocks, Jan Vishwas Bill

What's behind the GDP slowdown in Q3? How big is the fake website problem? Will softening cotton prices firm up textile stocks? What is the Jan Vishwas Bill? All answers here

India's GDP growth slows to 4.4% in Q3; manufacturing woes remain

Manufacturing output shrinks for second straight quarter

GDP growth rate seen below 5% in December quarter on a normalising base

FY23 quarterly, annual estimates may be revised on Tuesday

Moderation in India's trade deficit could be transitory: Acuite Ratings

Acuite Ratings in a report maintaining the trade deficit at $106 billion or 3.1 per cent of gross domestic product (GDP) for FY23

Growth, Budget and macro balances

The responsible revenue and expenditure projections are to be lauded, but efforts on trade and fiscal targets fall short

Signs of a weakening public sector

States may have got more through tax transfer, but the composition of the PSU capital outlay causes concern