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Gross Domestic Product

Anarock budget wish list for realty sector: Industry status, more bank funds, ITC benefit in GST

Anarock budget wish list for realty sector: Industry status, more bank funds, ITC benefit in GST

Fri, Jun 14, 2019

The liquidity crisis is the major factor preventing completion of over 5.6 lakh stalled units across top seven cities.

India's GDP growth rate comes in at 5.8% in Q4FY19 - Here's how various sectors performed

India's GDP growth rate comes in at 5.8% in Q4FY19 - Here's how various sectors performed

Fri, May 31, 2019

India’s Gross Domestic Product (GDP) was logged at 5.8% during the fourth quarter of FY19.

Falling NPAs can give a 60-bps booster shot to GDP this fiscal

Falling NPAs can give a 60-bps booster shot to GDP this fiscal

Mon, Apr 15, 2019

The brokerage report said for the past nine years, the banking system has grappled with non-performing assets, where ballooning credit costs impaired their capital, constrained credit supply, and was associated with a decline in credit and investment growth.

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India's current account deficit likely to be 1.3% of GDP in 2017: Nomura

India's current account deficit likely to be 1.3% of GDP in 2017: Nomura

Mon, Jan 16, 2017

India's current account deficit (CAD) is expected to be around 1.3% of GDP in 2017 as against a deficit of 0.8% in 2016, says a report.

Limited room to reduce fiscal deficit to 3% in FY18: Moody's

Limited room to reduce fiscal deficit to 3% in FY18: Moody's

Mon, Jan 16, 2017

The government is likely to achieve its fiscal deficit target of 3.5% of GDP in the current fiscal but higher infrastructure spending will limit the room to reduce it further to 3% in 2017-18, Moody's said on Monday.

Assocham calls for a Budget that revives economy post note-ban

Assocham calls for a Budget that revives economy post note-ban

Sun, Jan 15, 2017

Industry chamber Assocham on Sunday appealed to political parties to ensure that the Union Budget for fiscal 2017-18 to be presented to Parliament on February 1 aids the revival of economic sentiment at a time of depressed demand and investment.

RBI may cut repo rate by 25 basis points in February: HSBC report

RBI may cut repo rate by 25 basis points in February: HSBC report

Fri, Jan 13, 2017

With uncertanity over implementation of GST, rising crude oil prices and the challenging 4% CPI in medium term, Reserve Bank of India (RBI) may cut repo rate for the final time by a 25 basis points (bps) in the February policy, says a report.

India to see lower GDP growth for two quarters on cash crunch: HSBC

India to see lower GDP growth for two quarters on cash crunch: HSBC

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.

Citi lowers India's GDP growth forecast to 6.8% for 2016-17

Citi lowers India's GDP growth forecast to 6.8% for 2016-17

Mon, Jan 09, 2017

Global brokerage Citigroup has lowered India's growth forecast to 6.8% for this fiscal from 7.2% earlier, as cash crunch has affected pick-up in consumption while uncertainty around demonetisation may further delay any recovery in private investments.

Demonetisation will have adverse effect on GDP: Manmohan Singh

Demonetisation will have adverse effect on GDP: Manmohan Singh

Mon, Jan 09, 2017

Manmohan Singh has been highly critical of demonetisation decision and has predicted a 2% drop in the country's GDP due to it.

Expert Views: India forecasts GDP growth to slow to 7.1% in 2016-17

Expert Views: India forecasts GDP growth to slow to 7.1% in 2016-17

Fri, Jan 06, 2017

The Indian government said economic growth would slow down to 7.1 % in the fiscal year ending in March from 7.6 % a year earlier.

FM Jaitley to target fiscal deficit of 3.5% of GDP in FY18: BofA-ML

FM Jaitley to target fiscal deficit of 3.5% of GDP in FY18: BofA-ML

Fri, Jan 06, 2017

India remained the fastest growing major economy with its GDP accelerating to 7.3% in the July-September quarter.

India's economy trumped Britain in 2016

India's economy trumped Britain in 2016

Mon, Jan 02, 2017

It is no mean achievement when Indian economy flexed its muscles in 2016 and briefly nosed ahead of Britain -- its once colonial master.

India's demonetisation drive drags down Nepal's economy

India's demonetisation drive drags down Nepal's economy

Thu, Dec 15, 2016

India`s scrapping of high-value bank notes last month has dragged down economic growth in neighbouring Nepal with trade, remittances and tourist numbers all down, BMI Research, a group company of the Fitch rating agency, said on Wednesday.

Current account deficit narrows to 0.6% of GDP in September quarter

Current account deficit narrows to 0.6% of GDP in September quarter

Tue, Dec 13, 2016

Non-resident Indian (NRI) deposits also witnessed a 50% decline to $2.1 billion from $4.2 billion in the same quarter of the previous fiscal.

Mark Mobius says demonetisation will have an impact on confidence

Mark Mobius says demonetisation will have an impact on confidence

Thu, Dec 08, 2016

He mentioned that it will take few months to recover from this event.

India's growth outlook strong despite China's slowdown, says Fitch

India's growth outlook strong despite China's slowdown, says Fitch

Tue, Dec 06, 2016

India's weighted growth likely to be 5.2% in 2017.

India's economic growth will remain at 7.6% in 2017: UN Report

India's economic growth will remain at 7.6% in 2017: UN Report

Fri, Dec 02, 2016

Initially, growth will be driven by a rebound in agriculture due to normal monsoon rain.

BofA downgrades FY17 growth forecast to 6.9% amid demonetisation

BofA downgrades FY17 growth forecast to 6.9% amid demonetisation

Thu, Dec 01, 2016

India's GDP accelerated to 7.3% in the September quarter.

India's second quarter GDP growth slows down

India's second quarter GDP growth slows down

Wed, Nov 30, 2016

According to the median consensus of 35 economists, GDP was forecasted ranged from 6.5% to 8.7%.

10 key things S&P said about Indian economy

10 key things S&P said about Indian economy

Wed, Nov 02, 2016

S&P Global Ratings on Wednesday has retained India's ratings at 'BBB-' with a stable outlook and ruled out any upgrade in two years citing weak pubic finances.

S&P retains India's rating at 'BBB-', rules out upgrade for 2 years

S&P retains India's rating at 'BBB-', rules out upgrade for 2 years

Wed, Nov 02, 2016

Dashing the government's hope of improved credit rating, S&P on Wednesday retained India's rating at 'BBB-' with a stable outlook and ruled out any upgrade in two years, citing weak public finances.

Indian economy to grow 8%, agriculture 4% in FY17: Meghwal

Indian economy to grow 8%, agriculture 4% in FY17: Meghwal

Mon, Oct 24, 2016

India's economy will grow 8% this fiscal while agricultural growth is expected to be over 4%, Union Minister Arjun Ram Meghwal said on Sunday.

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