Tag: gdp
India poised for world-beating growth, says CEA V Anantha Nageswaran
India’s strong credit demand and softening crude oil prices could buoy the economy, putting the South Asian country on course for a 6.5% expansion this…
India’s GDP growth in FY23 may exceed 7%: RBI governor Shaktikanta Das
India’s gross domestic product in the financial year 2022-23 could be more than the estimated 7 per cent, said Reserve Bank of India governor Shaktikanta…
india: India’s economic resilience: IMF predicts Indian economy will grow by nearly 6 per cent this fiscal year
In its flagship World Economic Outlook report, the International Monetary Fund (IMF) projected that India would be the fastest-growing economy in the world, despite confronting…
Public and private sector FY22 wage bill gap widens
The gap between the private sector and public sector wage bills has widened further in fiscal 2022 to nearly a percentage point, shows an analysis…
US economy grows at 1.1 per cent in first quarter: Report
The US economy slowed sharply from January through March, decelerating to just a 1.1% annual pace as higher interest rates hammered the housing market and…
Personal income tax to GDP ratio rises to 2.94 per cent in FY22
Personal income tax as a percentage of GDP has gone up from 2.11 per cent in 2014-15 to 2.94 per cent in 2021-22 fiscal, indicating…
Credit growth momentum may moderate to 10 pc in FY24, report suggests
India’s credit growth momentum is waning and the crucial non-food loans growth is likely to slip to 10 per cent in FY24 from more than…
India likely to have stable debt-to-GDP ratio going forward, says IMF official
India is expected to have a stable debt-to-GDP ratio going forward, a senior official from the International Monetary Fund said on Wednesday and recommended rationalization…
States set to trim FY24 spend on roads, bridges
States are set to spend less on road and bridge construction in this financial year, even as the Centre pushes ahead with spending on infrastructure…
World Bank news: World Bank lowers India FY24 growth forecast to 6.3%
The World Bank on Tuesday said it has lowered its forecast for India‘s economic growth in the current fiscal year that started on April 1…