Gdp Growth

Thursday, Dec 09, 2021 | Last Update : 01:38 AM IST

The manufacturing sector, which contracted by 1.5 per cent in Q2 FY21, staged a robust comeback with a growth of 5.5 per cent in the second quarter. (Representational Photo:AFP)

GDP grows 8.4% in Q2 amid positive signals in economy

The official data Tuesday also showed that the economy has surpassed the pre-Covid level

01 Dec 2021 1:43 AM

Though the GDP numbers grew with low base effect, there are also other significant reasons which suggest a recovery in the economy. (Twitter)

Sign of recovery? GDP sees rise of 20 per cent in April-June

Briefing to the media about the GDP numbers, chief economic adviser KV Subramanian said that the data is an indicative of economic recovery

01 Sep 2021 6:53 AM

The state of our economy today is a good example of this deliberate fabrication. Representational Image. (PTI)

Pavan K Varma | Look, honey, how they shrank your savings!

In a situation where incomes have either steeply declined, or are static, price rise has hit like a whip lash

08 Aug 2021 2:23 AM

The immediate concern of the finance minister has been to reinvigorate the economy, stimulate demand and alleviate widespread distress emerging from the Covid-19 setback. (PTI/Manvender Vashist)

Chandrajit Banerjee | Game-changer that will help enable growth with inclusion

This is a development-oriented and pragmatic Budget which will help reset growth while promoting social inclusion

02 Feb 2021 7:24 AM

Indian economy to contract in FY21; lockdown compounds economic challenges, says Moody's. (PTI Photo)

Economic damage for India from lockdown to be significant, says Moody's

Indian economy already was growing at its slowest pace in six years and with the stimulus measures falling short of expectations

22 May 2020 2:06 PM

India's rating outlook reflects rising risk of slower GDP growth, low policy effectiveness. (PTI Photo)

India's rating outlook reflects rising risk of slower GDP growth: Moody's

The agency pointed out that the negative outlook reflects increasing risks that economic growth will remain significantly lower than in past

08 May 2020 11:55 AM

Fitch Ratings sees India growth slipping to 0.8% in FY21. (PTI Photo)

Fitch slashes India's economic growth to 0.8% in FY21

Unparalleled global recession was underway due to disruptions caused by the outbreak of coronavirus pandemic and resultant lockdowns: Fitch

23 Apr 2020 12:14 PM

In the December quarter, private investment grew 5.9 per cent, up from 5.6 per cent in the previous quarter.

Indian economic growth slows, with coronavirus impact to come

The annual GDP figure for the September quarter was ramped up from an earlier estimate of 4.5 per cent

29 Feb 2020 11:33 AM

Budget 2020 provides 'discreet and considered' stimulus: Sitharaman

Sitharaman said divestments are necessary to get transparency in the working of companies.

07 Feb 2020 1:37 PM

Highlights of RBI's sixth bi-monthly monetary policy statement for 2019-20

Next meeting of the MPC scheduled during March 31, April 1 and 3, 2020.

06 Feb 2020 1:04 PM

RBI has many other tools to revive growth, not just interest rates: Das

The governor said the continuity in policy from last pause should not be read as a pointer to future actions.

06 Feb 2020 12:50 PM

Real GDP growth for 2019-20 was projected at 5 per cent in the December 2019 policy.

RBI estimates GDP to expand at 6 pc in FY21

The survey, tabled in Parliament last month, estimated the GDP growth during FY21 at 6-6.5 per cent.

06 Feb 2020 12:32 PM

The Union Budget 2020-21 was announced in the backdrop of unfavourable economic environment, with real GDP growth weakening to sub-5 per cent.

Near-term market volatility likely over unmet expectations

Given the constraints, the FM seemed to have been able to only partially meet some of the high expectations the market had.

02 Feb 2020 4:07 AM

The report comes on the heels of the US Federal Reserve deciding to keep rates unchanged. (Photo: File)

US economy growing moderately in 4th qtr; likely missed Trump's 3 pc goal

The Trump administration’s 18-month-long trade war with China last year fueled fears of a recession.

30 Jan 2020 2:06 PM

Despite cuts in corporate taxes and monetary easing by the central bank, investments have failed to pick up.

India's budget likely to raise spending to revive economic growth

India is facing its worst economic slowdown in a decade. Growth slipped to 4.5 per cent in the July-September quarter.

29 Jan 2020 10:11 AM

IMF this month cut India’s growth forecast to 4.8 per cent for the ongoing fiscal year - its lowest level in 11 years.

Govt likely to fund some USD 28 bn of expenditure via off-budget borrowings: sources

India’s committed spending, excluding capital spending, could be targeted at near 27 trillion rupees for the next fiscal year.

24 Jan 2020 10:50 AM

India’s slowing economy will weigh on insurance premium growth over the next two to three years, however, low insurance penetration and supportive measures put in place by the insurance regulator will help counterbalance the deteriorating economic environment, global rating agency Moody’s Investor Services said on Tuesday.

Slowdown to hurt insurance sector

By the Irdai’s December 2019 data, the non-life insurance sector witnessed a significant slowdown.

22 Jan 2020 6:51 AM

Out of the net income of Rs 1,23,414 crore for the year 2018-19, the RBI had already transferred Rs 28,000 crore to the government as interim dividend in March 2019.

Interim dividend issue may come up in next RBI's board meeting

The country's GDP growth is seen dipping to an 11-year low of 5 per cent in the current fiscal as compared to 6.8 per cent in 2018-19.

20 Jan 2020 12:01 PM

Global trade growth is expected to improve modestly in 2020 to 1.9 per cent from 1.4 per cent in 2019.

World Bank trims 2020 growth forecast amid slow recovery for trade, investment

The World Bank shaved 0.2 percentage point off of growth for both years.

09 Jan 2020 9:53 AM

The estimated growth of real GVA (Gross Value Added) in 2019-20 is 4.9 per cent as against 6.6 per cent in 2018-19.

GDP growth seen slipping to 11-yr low of 5 pc this fiscal: Govt data

RBI had also lowered its forecast for the economic growth to 5 per cent while announcing its bi-monthly monetary policy last month.

08 Jan 2020 9:53 AM

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Sunanda K Datta Ray

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