Tag: GDP growth

'Acche din' to continue for FD investors as high fixed deposit interest rates will not drop soon: All eyes on RBI MPC on June 7
Posted in Finance

‘Acche din’ to continue for FD investors as high fixed deposit interest rates will not drop soon: All eyes on RBI MPC on June 7

“Acche din” will continue for fixed deposit (FD) investors as they are likely to keep getting higher interest. This is because the Reserve Bank of…

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India's average growth rate likely to be 6.7% till FY27, consumer activity to be lead driver: S&P
Posted in Economy

India’s average growth rate likely to be 6.7% till FY27, consumer activity to be lead driver: S&P

Indian economy is expected to clock an average growth rate of 6.7 per cent till 2026-27 fiscal driven by domestic consumption, S&P Global Ratings Senior…

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Withdrawal of Rs 2,000 note can boost growth by pushing consumption: Report
Posted in Economy

Withdrawal of Rs 2,000 note can boost growth by pushing consumption: Report

The ₹2,000 note withdrawal decision and response to it so far suggest that the move can help boost FY24 GDP growth to beyond 6.5% estimated…

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In next 3-5 years, 6.5% GDP growth is par: Bibek Debroy
Posted in Economy

In next 3-5 years, 6.5% GDP growth is par: Bibek Debroy

In 2022-23, the real GDP growth was 7.2%. This was higher than what many people had expected. Many forecasters underestimated India’s growth recovery and momentum….

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China's economy slows in May, more stimulus expected
Posted in China News

China’s economy slows in May, more stimulus expected

BEIJING: China’s economy stumbled in May with industrial output and retail sales growth missing forecasts, adding to expectations that Beijing will need to do more…

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CEA says country's GDP growth for year ending March 2023 was 7.2 per cent, surpassing expectations
Posted in Economy

CEA says country’s GDP growth for year ending March 2023 was 7.2 per cent, surpassing expectations

The Chief Economic Advisor to the Government of India, Dr V Anantha Nageswaran, on Monday said the real GDP growth for the year ending March…

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gdp growth: Domestic GDP growth on firm footing, growth slightly revised upwards: SBI study
Posted in Economy

gdp growth: Domestic GDP growth on firm footing, growth slightly revised upwards: SBI study

Country’s largest commercial lender State Bank of India (SBI) said that domestic GDP growth is now on firm footing with urban demand showing good traction,…

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Cash-strapped Pakistan's economy shows just 0.29 per cent GDP growth & over 29 per cent inflation
Posted in Pakistan News

Cash-strapped Pakistan’s economy shows just 0.29 per cent GDP growth & over 29 per cent inflation

ISLAMABAD: Cash-strapped Pakistan’s economy showed a dismal performance during the outgoing financial year with just 0.29 per cent GDP growth and spiralling inflation at over…

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Accelerated implementation of reforms to accelerate India's growth: World Bank
Posted in Economy

Accelerated implementation of reforms to accelerate India’s growth: World Bank

India’s potential growth could benefit from accelerated implementation of an already ambitious reform agenda, the World Bank said in a new report that warns that…

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Posted in Economy

9 states may post higher nominal GDP growth than country’s 10.5%

Nine states have projected growth rates higher than the 10.5% forecast for the country in 2023-24, according to an ET analysis of budgets of 17…

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