Tag: gdp

The New Zealand dollar was trading in the late afternoon at US$0.5626 -- down about 1.8 percent from the previous day.
Posted in Business

New Zealand falls into recession with abrupt economic slowdown

New Zealand tipped into recession in the third quarter, official data showed Thursday, with the economy suffering an unexpectedly sharp slump that sent the country’s…

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RBI will remain 'alert and agile' to meet challenges, says newly appointed governor Malhotra
Posted in Economy

RBI will remain ‘alert and agile’ to meet challenges, says newly appointed governor Malhotra

The newly appointed Reserve Bank of India governor during his first press conference on Wednesday said the central bank will maintain continuity and stability in…

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Growfast
Posted in Economy

Sanjay Malhotra takes charge as RBI governor

Sanjay Malhotra assumed office as the 26th Governor of the Reserve Bank of India on Wednesday, succeeding his role as the former Revenue Secretary. He…

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The Union government is also planning to conduct the Periodic Labour Force Survey, which gives official employment and unemployment data, more frequently than it currently does (Shutterstock)
Posted in Business

Government changing base year for GDP, Rao Inderjit Singh tells Parliament

NEW DELHI: The Centre has decided to update the base year for calculating India’s gross domestic product or GDP, the widest measure of national income,…

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India to revise GDP base year from 2011-12 to 2022-23
Posted in Economy

India to revise GDP base year from 2011-12 to 2022-23

The Government of India is set to update the base year for calculating Gross Domestic Product (GDP) from 2011-12 to 2022-23, aiming to provide a…

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India GDP news: Govt taking steps to help achieve GDP growth target: DEA Secy Ajay Seth
Posted in Economy

India GDP news: Govt taking steps to help achieve GDP growth target: DEA Secy Ajay Seth

The Indian government is taking steps to help the economy achieve the FY25 GDP growth target of 6.5%-7%, the country’s economic affairs secretary said on…

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Consumption hit, but outlook stays positive: CARE Ratings CEO Mehul Pandya
Posted in Economy

Consumption hit, but outlook stays positive: CARE Ratings CEO Mehul Pandya

The current consumption slowdown in India could impact growth if it persists. Exports which have done better than expected could also be affected by tariff…

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India's GDP growth expected to rebound to 6.7 pc in H2, full-year forecast at 6.4 pc: JP Morgan
Posted in Economy

India’s GDP growth expected to rebound to 6.7 pc in H2, full-year forecast at 6.4 pc: JP Morgan

India’s economic growth is expected to accelerate to 6.7 per cent in the second half (H2) of the fiscal year, bringing the full-year 2024-25 GDP…

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Time to cut interest rate to spur GDP growth, says economist Charan Singh
Posted in Economy

Time to cut interest rate to spur GDP growth, says economist Charan Singh

Expressing his disappointment at the second-quarter estimates of 5.4 per cent GDP growth, Charan Singh, Chief Executive Officer, EGROW Foundation, has said that corrective measures…

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Posted in Economy

GDP boom loses steam in Q2, growth at 7-quarter low

New Delhi: India’s economic growth slumped more than expected to a seven-quarter low of 5.4% in the September quarter, dragged down by weak manufacturing and…

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