Tag: gdp

GDP likely to grow 6.2 pc in Q2: Barclays
Posted in Economy

GDP likely to grow 6.2 pc in Q2: Barclays

India is projected to record economic growth of 6.2% in the second quarter (July-September) of 2024-25, due to a high year-earlier base and excessive rainfall,…

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India GDP time: Centre revises release time of GDP estimates to 4 PM
Posted in Economy

India GDP time: Centre revises release time of GDP estimates to 4 PM

The Government of India on Friday announced a change in the release timing for its quarterly Gross Domestic Product (GDP) estimates, moving the release time…

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Posted in Economy

Fiscal deficit in 1st Half of FY25 drops to 29.4% of annual target

The central government’s fiscal deficit in the first half of 2024-25 touched 29.4% of the annual target, compared with 39.3% a year before, as it…

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Fiscal deficit in 5 months hits 27% of FY25 target
Posted in Economy

Fiscal deficit in 5 months hits 27% of FY25 target

The Centre’s fiscal deficit in the first five months of 2024-25 stood at 27% of the annual target – lower than 36% a year ago…

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Growfast
Posted in Economy

current account deficit: India moves to current account deficit of $9.7 bn in Q1FY25 from surplus in previous quarter

India’s current account deficit (CAD) widened marginally to $9.7 billion (1.1 per cent of GDP) in Q1 FY2024-25 from $8.9 billion (1.0 per cent of…

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S&P Global emphasizes the need for reforms, infrastructure development, and advanced technologies to sustain India's economic growth.
Posted in Business

India to be third largest economy by 2030-31; grow 6.7% per annum: S&P Global

India is on track to become the third-largest economy by fiscal 2030-31, driven by a robust projected annual growth rate of 6.7, the credit rating…

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Govt mulls change in base year for computation of GDP to 2022-23 from 2011-12
Posted in Economy

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…

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Posted in Economy

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…

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Mixed growth signals, India’s FY25 GDP may slow to 6.7%: Nomura
Posted in Economy

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…

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Lower Q1 GDP numbers a blip, no letup in growth: RBI Governor Shaktikanta Das
Posted in Economy

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…

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