Gross domestic product

Indian Economy Can Grow At 8% Till 2047, Says Subramanian

The growth rate in October-December helped take the estimate for the current fiscal to 7.6 percent.

Mar 28, 2024, 18:06 PM IST

Fiscal Deficit At Jan-End Touches 63.6% Of Full-Year Target: Govt Data

This comprised Rs 18.8 lakh crore of tax revenue (net), Rs 3.38 lakh crore of non-tax revenue, and Rs 34,219 crore of non-debt capital receipts.

Feb 29, 2024, 17:42 PM IST

India's Q2 GDP Data Released Today; Growth At 7.6% In Second Half Of FY24

The Indian economy is recognized as a positive standout on the global stage, demonstrating robust performance in the initial half of FY24, marked by a significant 7.8 percent year-on-year growth in GDP during Q1FY24.

Nov 30, 2023, 17:47 PM IST

GST Collection Rises 10% To Over Rs 1.62 Lakh Crore In September

The revenue in September 2023 was 10 percent higher than the GST revenue of Rs 1.47 lakh crore in the same month last year, the finance ministry said in a statement.

Oct 02, 2023, 18:06 PM IST

India's GDP Growth Stands At 7.8% For First Quarter Of 2023-24, Lesser Than RBI's Estimate Of 8%

However, compared to the 6.1 percent growth recorded in the January-March period of 2022-23, the GDP growth for the first quarter of 2023-24 was higher at 7.8 percent.

Aug 31, 2023, 19:43 PM IST

Fitch Hikes India's GDP Forecast To 6.3% For Current Fiscal

Fitch further said that GDP growth in January-March was higher than expected, saying there has been a recovery in manufacturing after two consecutive quarterly contractions, a boost from construction, and an increase in farm output.

Jun 22, 2023, 23:22 PM IST

RBI releases Annual Report 2021-22: From inflation to GDP forecast, check 6 important points

The RBI has released the RBI Annual Report 2021-22. 

May 27, 2022, 13:17 PM IST

India Ratings cuts GDP growth forecast to 7 per cent for 2022-23

Ind-Ra said the 7.6 per cent growth projection announced in January 2022, is unlikely to hold due to the global geo-political situation arising out of the Russia-Ukraine conflict. 

Mar 30, 2022, 16:24 PM IST

India's GDP growth slows to 5.4 per cent in Q3

The growth in GDP during 2021-22 is estimated at 8.9 per cent as compared to a contraction of 6.6 per cent in 2020-21.

Feb 28, 2022, 19:34 PM IST

GDP expected to grow 7.8% in FY23: Crisil Report

CRISIL estimated FY23 real GDP growth at 7.8 per cent as compared with the 8.5 per cent projected in the Economic Survey.

Feb 02, 2022, 15:25 PM IST

Indian economy contracts by 6.6% in 2020-21

As per the provisional estimates released in May 2021, the GDP had contracted by 7.3 per cent in 2020-21.

Jan 31, 2022, 17:52 PM IST

Indian economy likely to grow 9% next fiscal: Credit Suisse

Credit Suisse predicts the Indian economy to continue to show positive surprises and record up to 9 per cent growth in the next fiscal. 

Dec 09, 2021, 19:23 PM IST

India's GDP grows 20.1% in April-June quarter

The government had imposed a nationwide lockdown at the onset of the COVID-19 pandemic last year.

Aug 31, 2021, 18:37 PM IST

Indian economy contracts 7.3%, Q4 GDP grows 1.6%

In the first quarter, the Indian economy contracted 24.4 percent due to COVID-19 forced lockdown, and that heavily affected the manufacturing of essential goods and provision of essential services. With ease in lockdown from June 8, the scenario remained bleak as several service sector industries were shut down.

May 31, 2021, 17:50 PM IST

India's 2021 GDP growth forecast to come down to 10.2%: Oxford Economics

India is struggling with a second wave of the pandemic with more than 3,00,000 daily new coronavirus cases being reported in the past few days, and hospitals in several states are reeling under a shortage of medical oxygen and beds 

Apr 26, 2021, 19:08 PM IST

India's GDP grows at 4.7 per cent in 2019-20 October-December quarter

India registered an economic growth rate of 4.7 per cent in the October-December quarter (Q3) of financial year 2019-2020, according to the data released by the government on Friday (February 28, 2020). In the second quarter of the 2019-2020 finacial year India's Gross Domestic Product (GDP) growth rate was 5.5 per cent.

Feb 28, 2020, 17:55 PM IST

GDP estimated to grow at 5% in 2019-20: Government data

India's Gross Domestic Product (GDP) is estimated to register a growth of 5 per cent in 2019-20 as against 6.8 per cent in the previous fiscal, according to government data released on Tuesday (January 7).

Jan 07, 2020, 20:18 PM IST

GDP not a gospel truth, will not remain very useful in future, says BJP MP Nishikant Dubey in Lok Sabha

BJP MP Nishikant Dubey said in Lok Sabha that instead of focusing on GDP, which is not going to remain useful in future, we should concentrate on sustainable economic welfare of citizens. 

Dec 02, 2019, 18:39 PM IST

China's growth miracle has run out of steam, says expert

Gross Domestic Product (GDP) growth must not be seen as an indicator of China's underlying economic performance, a Beijing-based economic theorist and financial strategist has said.

Nov 22, 2017, 09:48 AM IST

Moody`s raises Greece`s soverign bond rating after bailout

The move reduces the spectra of a short-term crisis, after euro zone governments agreed to give Greece a new credit lifeline of some 8.5 billion Euros.

Jun 24, 2017, 11:17 AM IST