Gross Domestic Product

GDP may hit lowest since 1947, warns N R Murthy

GDP may hit lowest since 1947, warns N R Murthy

He also pitched for developing a new system that should allow every player in every sector of the country's economy to operate at full st...Read More

India's GDP to contract by 3% in FY21: BofA

India's GDP to contract by 3% in FY21: BofA

BofA Securities also said the RBI will monetise the fiscal deficit through purchase of government bonds of up to USD 95 billion through o...Read More

Interest-free moratorium will lead to loss close to 1% of GDP: RBI to SC

Interest-free moratorium will lead to loss close to 1% of GDP: RBI to SC

The Reserve Bank of India has opposed waiving off the interest during the moratorium period, insisting that the aim and object of allowin...Read More

'India's Q1 GDP may contract 40%, states to lose Rs 30 lakh cr on Covid'

'India's Q1 GDP may contract 40%, states to lose Rs 30 lakh cr on Covid'

It also estimated that total Gross State Domestic Product (GSDP) loss due to Covid-19 for states stands at Rs 30.3 lakh crore, which is 1...Read More

India facing its worst recession in current fiscal, says Crisil

India facing its worst recession in current fiscal, says Crisil

"The first quarter (April to June 2020) will suffer a staggering 25 per cent contraction," it said in its assessment of India's GDP.

Total fiscal impact of 'Rs 20L cr package' to be Rs 1.50 lakh cr: Report

Total fiscal impact of 'Rs 20L cr package' to be Rs 1.50 lakh cr: Report

"We estimate that the actual fiscal impact on the budget will be only Rs 1.5 lakh crore (0.75 per cent of GDP), based on our calculations...Read More

Virus-hit Chinese economy shrinks 6.8 pct in Q1

Virus-hit Chinese economy shrinks 6.8 pct in Q1

The country's economic and social development witnessed overall stability in Q1, the NBS said at a press conference, while acknowledging ...Read More

India set to become world's 4th largest economy with USD 5 trillion GDP by 2026: Report

India set to become world's 4th largest economy with USD 5 trillion GDP by 2026: Report

India is expected to overtake Germany to become fourth-largest economy in 2026 and Japan to become third largest in 2034, according a rep...Read More

'Our next FM?':  Twitter trolls BJP MP for saying GDP ‘isn’t Bible or Ramayana’

'Our next FM?': Twitter trolls BJP MP for saying GDP ‘isn’t Bible or Ramayana’

Nishikant Dubey's comments come at a time when the Modi govt has been pushing to make India a $5% trillion economy.

India's GDP growth slumps to 4.5% in Q2 FY20

India's GDP growth slumps to 4.5% in Q2 FY20

New Delhi: The economic growth slowed to 4.5 per cent in the July to September quarter from 7.1 per cent in the corresponding period of l...Read More

Gross Happiness is also important along with GDP: Pranab Mukherjee

Gross Happiness is also important along with GDP: Pranab Mukherjee

New Delhi: Former President Pranab Mukherjee said here on Thursday that Gross Happiness is no less important than Gross Domestic Product ...Read More

Government rebuts ex-CEA Arvind Subramanian's contention on GDP; says right methodology followed

Government rebuts ex-CEA Arvind Subramanian's contention on GDP; says right methodology followed

The government rebutted former CEA Arvind Subramanian's contention regarding over-estimation of the GDP data and stated that proper metho...Read More

India can attract 1.5-2 pc FDI to GDP ratio: Nomura

India can attract 1.5-2 pc FDI to GDP ratio: Nomura

New Delhi:  India can attract FDI to a ratio of 1.5 pc to 2 pc of its Gross Domestic Product (GDP) by further improving on ease of doing ...Read More

Chartered Accountant’s stand up in favour of Government data

Chartered Accountant’s stand up in favour of Government data

New Delhi: As the financial year’s end approaching and hardly around a month for the Lok Sabha polls, the chartered accountants and econo...Read More

Education spend rose to 4.6 percent of GDP, target 6 percent, says Prakash Javadekar

Education spend rose to 4.6 percent of GDP, target 6 percent, says Prakash Javadekar

Mumbai: Union Human Resource Development Minister Prakash Javadekar on Sunday said the government expenditure on education has gone up fr...Read More

Focus on fine print of GDP estimates

Focus on fine print of GDP estimates

While there is much storm over the Gross Domestic Product (GDP) estimates, and the accusation that the latter is being used as a pre-elec...Read More

Capital markets set to be growth catalyst for India

Capital markets set to be growth catalyst for India

By 2025, India will have one of the most sophisticated financial markets in the world, with the best practices and adoption of cutting ed...Read More

China GDP growth hits 28-year low

China GDP growth hits 28-year low

Beijing: China’s Gross Domestic Product (GDP) grew at 6.6 per cent in 2018, its slowest rate since 1990, official figures showed on Monda...Read More

Farm loan waivers to widen states’ fiscal deficit

Farm loan waivers to widen states’ fiscal deficit

New Delhi: Competitive populism in the form of farm loan waivers and other schemes ahead of the general polls would inflate cumulative fi...Read More

Moody’s estimates India’s real GDP to grow at 7.2% in FY 2018-19

Moody’s estimates India’s real GDP to grow at 7.2% in FY 2018-19

New Delhi: Moody’s Investors Service’s annual Banking System Outlook on India estimated the country’s real gross domestic product (GDP) f...Read More

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