Page 26 - India Gdp

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

Nearly 0.7% of GDP spent on R&D, strengthening of S&T infra from 2014-19

Nearly 0.7 per cent of the GDP was spent every year on research and development, including strengthening of science and technology infrastructure, during 2014-15 to 2018-19, Rajya Sabha was informed on Tuesday. In a written response to a question in Rajya Sabha, Science and Technology Minister Jitendra Singh said the Gross Expenditure on Research and Development (GERD) has been consistently following an increasing trend and during the last 10 years, the GERD of India in gross terms has increased by three times. However, the investments by the private sector to R&D have been inadequate. Unlike other advanced countries where more than 70 per cent contribution of GERD comes from the private sector, in India the private sector contribution to GERD is less than 40 per cent, he said. "As per the latest available R&D statistics, nearly 0.7 per cent of GDP (gross domestic product) is spent every year on R&D, including strengthening Science and Technology infrastructure during ...

Tax buoyancy curtails Centre's fiscal deficit to an eight-year low

Centre's spending showed volatile trend during April-June period

India's GDP growth expected to be 8.8-9% in FY22: Care Ratings

The country's gross domestic product (GDP) growth is likely to be 8.8 to 9 per cent in the current financial year, driven by agriculture and industry sectors, Care Ratings said in a report.

Real GDP growth likely to be 8.7% in FY22: Motilal Oswal Financial Services

Motilal Oswal Financial Services has projected real GDP growth of 8.7 per cent in FY22, down from 11.1 per cent it had forecast earlier

India's, Brazil's Q1 GDP data suggest strong post-pandemic rebound: Moody's

India's and Brazil's first-quarter 2021 real GDP data show a strong rebound in both economies following a contraction last year of 4.4% in Brazil and 7.1% in India, Moody's Investors Service said

Nomura ups India's 2022 GDP forecast to 7.7%; sees inflation at 5.3%

GDP, according to their estimates, is likely to contract by 4.3 per cent quarter-on-quarter (q-o-q) in Q2, much smaller than during the first wave (-24.7 per cent)

Top headlines: WB pegs India's FY22 GDP at 8.3%; Piramal faces a new hurdle

Business Standard brings you the top news of the evening

Growth it shall be: RBI's future stance for the economy very clear now

Monetary policy committee's decisions show there is slim chance of repo rate being increased in near future

Coronavirus disaster leaves deep psychological scars on India's economy

Banks begin to slash FY22 growth forecasts; personal credit defaults and unemployment rising

2020-21 darkest year in four decades: Chidambaram on economy, growth

Congress leader P Chidambaram said that most Indians are poorer than they were two years ago with most economic indicators being worse for the period. He said that 2020-21 has been "the darkest year of the economy in four decades". Watch the video for his statement on economy.

Manufacturing PMI drops to 50.8 in May from 55.5 the previous month

The seasonally adjusted Purchasing Managers' Index (PMI) for manufacturing stood at 50.8 in May, down from 55.5 in April

Bangladesh rises to be South Asia's standout star as India, Pak fall behind

Bangladesh's growth rests on three pillars: exports, social progress and fiscal prudence

Top headlines: India FY21 GDP hits 4-decade low; core sector output rises

Business Standard brings you the top news of the day

GDP growth springs a positive surprise: Four implications for FY22

The positives apart, it is clear consumption can't rebound meaningfully without large-scale vaccination; the good news is the rate is likely to improve steadily in the coming months

India's GDP grows 1.6% in fourth quarter, contracts 7.3% in FY21

This is the first full-year contraction in the Indian economy in the last four decades since 1979-80, when GDP had shrunk by 5.2 per cent

GDP growth number: A pleasant surprise, but will it help in FY22?

With the second wave leading to a close down of services, in particular, progress will remain retarded

India's Q4 GDP data likely to be better than estimates, say experts

However, for the full fiscal year, they see economy contracting 7-8%

Barclays cuts India's FY22 GDP estimate to 9.2% on second wave impact

A British brokerage on Tuesday cut India's FY22 GDP growth estimate by a sharp 0.80 per cent to 9.2 per cent, saying the economic impact of the second wave of infections has been deeper than expected

India remains greatest rising power despite Covid-19 tragedy: Report

India remains the "greatest rising power" on the planet and has a number of fundamental strengths that will make it one of the "most powerful" countries in the world, according to report