Sat, Dec 01, 2018
The government data released Friday shows India's economy grew at 7.1 per cent in July-September, lowest in three quarters.
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Sat, Sep 01, 2018
He was responding to a query about senior Congress leader P Chidambaram expressing scepticism over India's GDP growth prospects, saying it would "not be so favourable" in third and fourth quarters, despite the GDP growing at 8.2 per cent in the current fiscal's first quarter.
Fri, Dec 01, 2017
GDP growth rate has increased from the first quarter of this financial year but has fallen compared to second quarters of previous financial years.
SBI has pointed out a sluggish demand trend that may impact GDP growth rate in the financial year 2017-18.
Sun, Jun 04, 2017
India's economic growth is expected to remain flat at 7.1 % in current fiscal as investment is still weak and government spending might not be as high given the fiscal consolidation, says an HSBC report.
Wed, Jan 18, 2017
"While Chinese growth looks stable into early 2017, a more marked slowdown by the second quarter appears inevitable," Gene Frieda, global emerging markets strategist at asset management giant PIMCO, said in a note this week.
Thu, Jan 12, 2017
India's GDP growth numbers are expected to see a decline of 2% in the third and fourth quarters of the current fiscal, as effective currency in circulation has contracted significantly, says an HSBC report.
Sat, Jan 07, 2017
"Given the impact of demonetisation on actual activity from mid-November 2016 onward, projecting GDP growth for the full year by extrapolating the trends up to October 2016 for several sectors, may introduce more errors than in earlier years. This would be particularly apt for cash intensive sectors such as construction," Icra said in a statement.
"Our assessment of a 6.7 per cent GDP growth (in FY17) with a downward bias is based on the premise that the liquidity shock has led to a drastic consumer spending shock," an SBI Research's Ecowrap report said.
Mon, Nov 21, 2016
Demonetisation of higher denominations in India has led to a short term state of paralysis as in the fight against black money, the purchasing power of the people has also been curtailed.
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