GDP data

India's GDP growth in Q2 slows down to 7.1 pct from 8.2 pct in Q1

Fri, Nov 30, 2018

India`s $2.6 trillion economy, Asia`s third largest, grew 6.3 percent in the July-September quarter of 2017, the data released by the statistics ministry showed.

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Sensex closing: Index ends 137 points lower despite better-than-expected GDP data

Thu, Mar 01, 2018

Sensex closing: Banking stocks, particularly state-run lenders were among the biggest laggards on unabated nervous off-loading by participants amid growing concerns over a spate of fraud cases. Select auto stocks, however, were in some demand on the back of encouraging February sales numbers.

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Sensex shrugs off GDP rebound, sinks 316 points

Fri, Dec 01, 2017

The 30-share benchmark, after scaling a high of 33,300.81 in early deals, slipped into the negative zone to touch 32,797.78, before settling at 32,832.94, down 316.41 points, or 0.95 per cent. This was its weakest closing since November 15, when it had finished at 32,760.44

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Growth policies being drawn up for each sector: Suresh Prabhu

Fri, Dec 01, 2017

The government is working towards drawing up policies for various sectors of the Indian economy to be able to increase their business that would, in aggregate, result in higher GDP growth, Commerce Minister Suresh Prabhu said on Friday.

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Growth in manufacturing, trade and transport helped GDP data: Care

Fri, Dec 01, 2017

The Care Ratings said "Manufacturing would continue to do well due to GST tax concessions which will help demand as well as the restocking process which should pick up."

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Growth to pick up to 7.6% in second half of this fiscal: Crisil

Fri, Dec 01, 2017

The agency said "Gross value-added (GVA) growth, which measures the economy from the producer or supply side – and is supposed to be a better measure of economy activity – improved to 6.1% in Q2 from 5.6% in Q1, largely on account of revival in industrial activity."

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Sensex recovers 140 points on positive GDP data

Fri, Dec 01, 2017

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Rate cut hopes, healthy domestic cues lift equity indices

Sat, Sep 02, 2017

On a weekly basis, the 30-scrip Sensitive Index (Sensex) of the BSE surged by 296.17 points or 0.94% to close at 31,892.23 points. 

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MoSPI to release IIP for April, CPI for May data today

Mon, Jun 12, 2017

Ministry on May 12 released the new series of Wholesale Price Index (WPI) and IIP with new base year of 2011-12, which was considered as a long pending demand of the economists. 

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Positive GDP number, new IIP series to put RBI under pressure, says SBI report

Mon, May 29, 2017

Highlights

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IMF trims India's growth forecast to 7.2% for 2017

Tue, Apr 18, 2017

The Indian government in February had pegged GDP growth at a higher-than-expected 7.1% for the current fiscal despite the note ban.

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Market outlook: Geo-political strains, Q4 results to drive markets

Sun, Apr 16, 2017

This week, Yes Bank, Hindustan Zinc, MindTree, ACC and HDFC Bank are due to come with their report cards.

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Gap between India's GDP and GVA widens further

Thu, Mar 02, 2017

Teresa John of Nirmal Bang in a report said, “Our earlier estimates had assumed no significant difference between GVA and GDP as both had exhibited a converging trend in the earlier quarters. However, the CSO believes that higher indirect tax collection and lower subsidies have pushed up the indirect tax component of GDP, resulting in divergence between GVA and GDP. “

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GDP numbers: How did cash-dominated sectors perform so well despite demonetisation?

Thu, Mar 02, 2017

What is hard to believe in the given GDP numbers was the performance of cash-dominated sectors where analysts expected a significant slowdown post demonetisation, but has seen uptick compared to Q2FY17. 

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Nifty regains 8,900-mark; auto stocks in focus ahead of sales data

Wed, Mar 01, 2017

Analysts at HDFC Securities said, "Domestic market could react to better GDP numbers, along with auto sales data that is set to be released today. Realty and Metal is expected to trade in positive zone, while Auto and FMCG sectors are likely to trade in the negative zone. Crucial support for Nifty is at 8850 level, while strong immediate resistance is at 8950."

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Demonetisation impact: Here's what experts say about India's GDP growth

Tue, Feb 28, 2017

Soon after the announcement of the ban on Rs 500 and Rs 1000 notes, the experts and economists, who were expecting GDP around 7.6% revised the numbers to below 7%. 

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Indices open flat ahead of GDP data; ONGC, Idea in focus

Tue, Feb 28, 2017

On Monday, BSE Sensex closed at 28,812.88, down 80.09 points or 0.28%.

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CSO to unveil Q3 GDP estimate with note ban impact tomorrow

Mon, Feb 27, 2017

The First Advance Estimates of National Income, 2016-17, did not take into account the impact of demonetisation.

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BSE, NSE ends in green ahead of GDP data; RIL-ONGC falls

Wed, Aug 31, 2016

The shares of Reliance Industries closed at Rs 1058 per piece, down 0.73%, or Rs 7.80.

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India Inc believes growth number today is likely to spring up a surprise

Wed, Aug 31, 2016

Looking at the prediction, India Inc hopes for a slight pick-up in GDP (Gross Domestic Product) this fiscal between the range of 7.5%-7.8%.

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