Gdp Growth | The Asian Age

Thursday, Dec 07, 2023 | Last Update : 08:22 PM IST

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"We at Fitch Solutions believe that growth has likely bottomed out and will start to rebound over the coming quarters. However, noting ongoing pressure on the external sector and private consumption, we now expect this rebound to be weaker than before," the rating agency said in its comments on India's growth.

Fitch Solutions says India GDP growth to rebound at slower pace

India's real GDP growth slumped in Q1 of FY2019/20 (April-March) to 5 pc year-on-year, from 5.8 pc in Q4 (January-March) FY2018/19.

02 Sep 2019 3:12 PM

5 per cent GDP signals slowdown: Manmoha Singh

India’s GDP growth was five per cent in the first quarter of FY20 vis-a-vis 5.8 per cent in the previous quarter.

02 Sep 2019 2:12 AM

Finance Minister Nirmala Sitharaman. (Photo: File | ANI)

Govt making all out effort to tackle economic situation: Nirmala Sitharaman

I am meeting industries and taking their inputs, suggestions on what they would want and expect from govt, said FM.

01 Sep 2019 3:06 PM

Manmohan Singh said it is particularly distressing that the manufacturing sector's growth is tottering at 0.6 per cent. (Photo: File)

State of economy deeply worrying: Manmohan Singh

Former PM Manmohan Singh said the last quarter GDP growth rate of 5 per cent signals that 'we are in midst of a prolonged slowdown'.

01 Sep 2019 11:07 AM

A view of A deserted Lal Chowk area in Srinagar Wednesday. (Photo: PTI)

Three decisions that can split India apart

The final National Register of Citizens is out and India has excluded 19 lakh people from it.

01 Sep 2019 12:32 AM

The government announced four major mergers of public sector banks, bringing down their total number to 12 from 27 in 2017, a move aimed at making state-owned lenders global sized banks.

Banks merger reflects govt resolve to address economic slowdown: India Inc

Manufacturing output and subdued farm sector activity pulled down India's GDP growth to 5 pc in April-June quarter.

31 Aug 2019 11:08 AM

Finance minister Nirmala Sitharaman. (Photo: ANI)

Fiscal deficit crosses 77 pc of budgeted target in first 4 months of 2019-20

The government has set a fiscal deficit target of 3.4 per cnet for 2019-20, same as 2018-19.

30 Aug 2019 4:23 PM

Union Home Minister Amit Shah. (Photo: ANI twitter)

India's economic fundamentals are strong, says Amit Shah

Shah said India's goal is to become a USD 5 trillion economy in the next five years.

30 Aug 2019 9:48 AM

Central bank will likely ease its benchmark rate by 25 basis points again to 5.15 per cent at its October meeting. (Photo: AP)

Indian economy set for weakest quarter of growth in five years: report

The RBI lowered its outlook for the fiscal year 2019-2020 at its August meeting.

27 Aug 2019 11:07 AM

Current account deficit forecast pegged at 2.3 per cent of GDP for 2019-20.

India's GDP to grow at 6 per cent in Apr-Jun: survey

The country's economy grew at 8.2 per cent in April-June 2018-19.

26 Aug 2019 3:46 PM

The impact of rollback of enhanced tax surcharge will be about Rs 1,400 crore.

Announcements made by FM are major enablers to support growth: SBI chairman

Bank recapitalisation at one go will provide a big impetus to credit growth.

24 Aug 2019 5:14 PM

India Inc is worried that the slowdown may deepen further. We need action,” Adi Godrej, chairman of the Godrej Group, said in an interview. (Photo: File)

India Inc grows impatient as economy dips and Modi is distracted

FPIs seeking a tax cut and automakers demanding easier access to finance for dealers and buyers flocked to lobby FM Nirmala Sitharaman.

23 Aug 2019 1:25 PM

Infosys co-founder N R Narayana Murthy. (Photo: PTI)

India's fiscal scene has never been better in 300 years: Narayana Murthy

According to the Forbes magazine, the number of billionaires in India is increasing.

23 Aug 2019 11:36 AM

NITI Aayog Vice Chairman Rajiv Kumar. (Photo: PTI)

'Unprecedented' situation in financial sector: NITI Aayog Vice Chairman

GDP growth is set to slow further in April-June quarter of this year to 5.7 pc amid contraction in consumption, weak investments.

23 Aug 2019 10:45 AM

Two goals of the Narendra Modi government make for an interesting comparison. One is of course the overarching goal of taking the Indian economy to the level of $5 trillion by 2024-25 and the other is doubling the share of public health spending to 2.5 per cent of GDP by 2024-25.

Think big to reach goal of a $5 trillion economy, boost healthcare for all

Actually, the relationship between India’s health sector and GDP growth is much more complex.

23 Aug 2019 1:41 AM

The findings are based on an analysis of 2,976 companies which have reported their quarterly numbers by domestic rating agency Care Ratings. (Photo: Representational | pixabay)

India Inc reports lower revenue, profit growth in Q1: Report

India Inc's net sales growth for the June quarter slid to 4.6 per cent as against 13.5 per cent for the same period last year.

21 Aug 2019 7:13 PM

Despite growth being strong, overall, the investment climate was pretty weak, said Prachi Mishra, India Chief Economist, Goldman Sachs in a podcast wherein she discussed the drivers of India's economy. (Photo: File | AP)

Weak investment, muted monetary transmission big challenges for Indian economy: Goldman

India's GDP growth increased from an average of 6.7 per cent during 2010 to 2014 to 7.3 per cent during 2015 to 2019.

16 Aug 2019 1:34 PM

A rapid GDP growth which involves faster growth in agriculture, and especially in rain-fed areas where most of the poor live, will be much more inclusive than one driven entirely by mining for exports.

Focus on growth process that is most inclusive

GDP simply totals up everything made within an economy in a year, from widgets to whizzy financial products, at their market value.

14 Aug 2019 1:27 AM

According to latest depositories data, foreign portfolio investors (FPIs) withdrew a net amount of Rs 11,134.60 from equities while pumping in Rs 1,937.54 into the debt segment during August 1-9. (Photo: Representational)

FPIs remain in sell-off mode, pull out Rs 9,197 cr in Aug so far

However, analysts said the trend may reverse if the government addresses the tax concerns of overseas investors.

11 Aug 2019 11:55 AM

NEFT operated by the RBI as a retail payment system is available for customers from 8 am to 7 pm on all working days.

RBI to allow round-the-clock fund transfers under NEFT from December

RBI had said that it will make available the NEFT system on a 24x7 basis from December 2019.

07 Aug 2019 1:46 PM

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Dilip Cherian