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RBI dumps GVA model, switches back to GDP to measure economy

RBI dumps GVA model, switches back to GDP to measure economy

Thu, Apr 05, 2018

The Reserve Bank today switched back to the gross domestic product (GDP)-based measure to offer its growth estimates from the gross value added (GVA) methodology, citing global best practices.

Economic Survey: India to clock 6.75% GDP in FY18

Economic Survey: India to clock 6.75% GDP in FY18

Mon, Jan 29, 2018

Here are key takeaways from the economic survey of the year gone by.

Indian economy's four-year low data surprise experts, analysts

Indian economy's four-year low data surprise experts, analysts

Mon, Jan 08, 2018

GDP numbers stood at 6.3% in the second quarter of FY18 (Q2FY18) from 5.7% in the preceding quarter.

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Government hopeful of higher GVA in agriculture sector in 2017-18

Government hopeful of higher GVA in agriculture sector in 2017-18

Mon, Jan 08, 2018

Following release of the Advance Estimate (AEs) of GDP and GVA for the economy for 2017-18, the Ministry of Agriculture and Farmers` Welfare on Sunday said that the agriculture sector is estimated to register a higher GVA in the next financial year.

RBI's neutral policy stance a recognition of under-control inflation: Finance Ministry

RBI's neutral policy stance a recognition of under-control inflation: Finance Ministry

Wed, Dec 06, 2017

"The Monetary Policy Committee (MPC) recognized that inflation remains firmly under control, retaining its inflation projection for the second half of FY 2018 and assessing that the risks to this projection are evenly balanced. For that reason, it has maintained a neutral policy stance," a Ministry statement said.

Rate cut or status quo: 14 factors will revolve around RBI decision

Rate cut or status quo: 14 factors will revolve around RBI decision

Wed, Dec 06, 2017

RBI kept repo rate unchanged at 6% in the last monetary policy meet with a neutral stance citing that rising consumer prices will threaten the trajectory for inflation.

Reforms by government slows GDP growth rate in Q2 FY18

Reforms by government slows GDP growth rate in Q2 FY18

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 cautions: GDP growth rate recovers but hurdles remain

SBI cautions: GDP growth rate recovers but hurdles remain

Fri, Dec 01, 2017

SBI has pointed out a sluggish demand trend that may impact GDP growth rate in the financial year 2017-18.

Three charts that show what changed India's GDP in Q1 FY18

Three charts that show what changed India's GDP in Q1 FY18

Thu, Aug 31, 2017

Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation on Thursday released the GDP data for Q1 FY18. The growth of the gross domestic product (GDP) slowed in the first quarter of the current financial year to 5.7%. India's GDP stood at 6.1% for January - March 201

GDP growth rate at 2 year low; RBI's action in next policy will be keenly watched

GDP growth rate at 2 year low; RBI's action in next policy will be keenly watched

Thu, Jun 01, 2017

India's GDP data for Q4FY17 dropped to a two year low. Now the next trigger would be RBI's action on Indian economy during second monetary policy meet.

Q4FY17 GDP at 6.1% but some sectors defied demonetisation impact

Q4FY17 GDP at 6.1% but some sectors defied demonetisation impact

Thu, Jun 01, 2017

India's GDP numbers were at 6.1% in Q4FY17 – indicating a strong demonetisation impact. Difference between nominal and real GVA reflects slowdown was due to higher deflator.

Demonetisation impacts India's GDP: 10 key things to know

Demonetisation impacts India's GDP: 10 key things to know

Wed, May 31, 2017

Ministry of Statistics & Programme Implementation on Wednesday released India's Gross Domestic Product (GDP) numbers for the January-March 2017 quarter.

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

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

Mon, May 29, 2017

Reserve Bank of India keeps repo rate unchanged; pegs GVA at 8.1% in FY19

Reserve Bank of India keeps repo rate unchanged; pegs GVA at 8.1% in FY19

Thu, Apr 06, 2017

The analysts were expecting RBI Governor Urjit Patel and Monetary Policy Committee (MPC) to maintain status-quo on interest rates as the main focus will be towards liquidity surplus.

India's GDP growth is likely to be 5.8% in third quarter of FY17, says SBI

India's GDP growth is likely to be 5.8% in third quarter of FY17, says SBI

Wed, Feb 22, 2017

SBI's chief economic adviser Dr Soumya Kanti Ghosh in its Ecowrap report has said India's GDP will be at 5.8% in the third quarter (Q3) and will recover to 6.4% in the fourth quarter (Q4) of FY17.

Monetary Policy: Five reasons why RBI did not cut interest rates

Monetary Policy: Five reasons why RBI did not cut interest rates

Wed, Feb 08, 2017

In its sixth bi-monthly monetary policy the Reserve Bank of India (RBI) did not cut interest rates for the fifth month in a row on Wednesday. Here are a few reasons why RBI maintained status quo: 1. RBI expects inflation stickiness as broadly ‘discernible’

Monetary Policy: RBI expects GVA growth at 7.4%, CPI Inflation at 5% by FY18

Monetary Policy: RBI expects GVA growth at 7.4%, CPI Inflation at 5% by FY18

Wed, Feb 08, 2017

While maintaining a status quo on its sixth bi-monthly monetary policy, the Reserve Bank of India (RBI) pointed out on economic factors like Gross Value Added (GVA) growth and Consumer Price Index (CPI) or Retail Inflation growth for the coming fiscal year (FY18).

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.

Demonetisation may pull down India's near-term economic growth

Demonetisation may pull down India's near-term economic growth

Fri, Jan 06, 2017

With India's GDP growth expected to slow down to 7.1% during 2016-17 from 7.6% in the previous fiscal, India Inc on Friday said further downward risks to growth prevail as demonetisation may pull down economic growth in the next one or two quarters.

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