Tag: gdp
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…
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…
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…
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,…