Tag: gdp
Govt mulls change in base year for computation of GDP to 2022-23 from 2011-12
New Delhi, The government is considering to change the base year for computation of the GDP to 2022-23, from 2011-12 at present, to reflect an…
Qcomm data may turn key input for new GDP maths
New Delhi: The government is considering tapping into purchases made through quick commerce platforms such as Zepto, Blinkit, Instamart and BigBasket to understand changes in…
Mixed growth signals, India’s FY25 GDP may slow to 6.7%: Nomura
New Delhi: Brokerage major Nomura Tuesday forecast India’s gross domestic product (GDP) growth to soften to 6.7% in FY25, below the Reserve Bank of India’s…
Lower Q1 GDP numbers a blip, no letup in growth: RBI Governor Shaktikanta Das
India’s robust growth prospects and consumption demand are unhurt despite June’s first sub-7% expansion rate in five quarters that central bank governor Shaktikanta Das Thursday…
India needs faster growth for a decade to meet goals, says RBI deputy governor Michael Patra
India will need rapid economic growth for a decade in order to achieve Prime Minister Narendra Modi’s goals of becoming a developed country by 2047,…
Nomura lowers its FY25 GDP forecast for India to 6.7%
Nomura lowered its FY25 economic growth forecast for India to 6.7% year-on-year from 6.9% after official data on Friday showed the country’s gross domestic product…
Centre’s fiscal deficit narrows to 17.2% of FY25 target till July
The central government’s fiscal deficit in the first four months of this financial year hit 17.2% of the annual target, against 33.9% a year before,…
India’s fiscal deficit at 17.2% of FY25 target as of July
The central government’s fiscal deficit in the first four months of FY25 touched 17.2% of the annual target, against 33.9% a year before, government data…
GDP data: India’s rapid growth set to moderate as consumers remain wary
India’s rapidly growing economy is facing a number of risks in coming months that’s prompting economists to downgrade their forecasts and call for interest-rate cuts….
Fitch affirms India’s ‘BBB-‘ rating, says outlook stable
International ratings agency Fitch on Thursday affirmed India‘s long-term ‘BBB-‘ rating, keeping its outlook stable. “India’s ratings are underpinned by its strong medium-term growth outlook,…