Gdp Growth

GDP To Register Record Expansion Of 11% In Next Fiscal Year: Report

Business | Edited by Nikita Prasad | Thursday February 25, 2021

Countercyclical stance of Budget 2021 has cemented expectations of growth recovery continuing well into the next fiscal, and the range of real GDP growth prognosis varies between 10-15 per cent

Economy Likely Returned To Growth In December Quarter: Poll

Business | Reuters | Wednesday February 24, 2021

The median forecast from a survey of 58 economists, conducted between February18-24, put year-on-year growth at 0.5 per cent in the December quarter, as the economy stabilised after contracting 23.9 per cent and 7.5 per cent in April-June and July-Sept quarters respectively.

Fiscal Deficit Of States To Moderate To 4.3% Of GDP In Next Financial Year: Report

Business | Edited by Nikita Prasad | Friday February 19, 2021

The agency estimates the nominal GDP to grow 14.5 per cent in the next fiscal year and also that a gradual pick-up in revenue collections could lead to an improvement in the capital expenditure

GDP To Bounce Back To 10.4% Next Fiscal Year By Base Effect: Rating Agency

Business | Edited by Nikita Prasad | Friday February 19, 2021

Although the recovery in the next fiscal on a year-on-year basis will be V-shaped, the size of the GDP will barely surpass the level attained in the financial year 2019-20

GDP To Expand 0.08% In December Quarter, Growth Pegged At 8.5%: Barclays

Business | Edited by Nikita Prasad | Thursday February 18, 2021

In its Monetary Policy Review presented on February 5, the Reserve Bank of India projected 10.5 per cent GDP growth in the financial year 2021-22.

High Fiscal Deficit To Pose Challenge In Lowering Debt To GDP Ratio: Rating Agency

Business | Press Trust of India | Wednesday February 10, 2021

Fitch Ratings estimated India to clock an 11 per cent growth in the fiscal beginning April and then grow at 6.5 per cent a year through to 2025-26 fiscal.

Expect Double Digit, 11% Growth In The Coming Year: Foreign Minister

India News | ANI | Saturday February 6, 2021

External Affairs S Jaishankar said on Saturday that the country is expected to see 11 per cent GDP growth in the coming year.

At 10.5%, RBI Pegs Economic Growth Lower Than IMF And Eco Survey

Business | Edited by Nikita Prasad | Friday February 5, 2021

RBI Monetary Policy 2021: In its bi-monthly policy review and its first meeting after Budget 2021, the six-member Monetary Policy Committee unanimously decided to keep the lending rates unchanged

India's GDP Will Grow At 10.5% In FY22, Says RBI Governor

Business | Edited by Peter Noronha | Friday February 5, 2021

India's gross domestic product (GDP) will grow at 10.5 per cent in FY22 as the economy is bouncing back from a low base after this pandemic stricken year, Reserve Bank of India (RBI) Governor Shaktikanta Das said and exuded confidence that the Indian economy is poised to move only in one direction - upwards. "It is our strong conviction backed by f...

RBI Monetary Policy Highlights: Repo Rate Unchanged, GDP Growth Projected At 10.5%

Business | Edited by Nikita Prasad (With inputs from Agencies) | Friday February 5, 2021

RBI MPC Meet LIVE: RBI Governor Shaktikanta Das today announced the Monetary Policy Committee's decision to keep the repo rate and reverse repo rate unchanged

Wider Fiscal Deficits Could Pressure Government's Sovereign Ratings: Fitch

Business | Reuters | Tuesday February 2, 2021

Fitch said higher infrastructure and expenditure will support near-term recovery alongside falling coronavirus cases and the vaccine rollout, and possibly reduce longer-term economic scarring

Lockdown Saved Lives and Livelihoods: Krishnamurthy Subramanian

Business | Edited by Peter Noronha | Friday January 29, 2021

India's policy response to Covid-19 was guided by the realization that GDP growth will come back, but not lost human lives, Krishnamurthy Subramanian said

At 11.5%, India To Be Fastest Growing Economy In FY22, Says IMF

Business | Press Trust of India | Tuesday January 26, 2021

Revising its figures, the International Monetary Fund said that in 2020, the Indian economy is estimated to have contracted by eight per cent

Government Expects Economy To Contract 7.7% In Current Financial Year

Business | Press Trust of India | Thursday January 7, 2021

Agriculture sector is estimated to see a growth of 3.4 per cent in 2020-21. However, it will be lower than 4 per cent growth recorded in 2019-20.

RBI Revises Real GDP Growth Projection For 2020-21 To -7.5%

Business | Edited by Peter Noronha | Friday December 4, 2020

The upward revision in the GDP projection comes days after RBI Governor Shaktikanta Das said the economy is showing a stronger-than-expected pickup in recovery