GDP growth
GDP growth News
Square pegs, round holes
Possibly the most problematic aspect of evaluating the budget is the opaqueness of the underlying data.
Ahead of Budget announcement, govt revises GDP growth from 6.7 to 7.2 per cent
"Real GDP or GDP at constant (2011-12) prices for 2017-18 and 2016-17 stand at Rs 131.80 lakh crore and Rs 122.98 lakh crore, respectively, showing growth of 7.2 per cent during 2017-18 and 8.2 per cent during 2016-17," the Central Statistics Office (CSO) informed.
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Indian economy poised to pick up in 2019, says IMF
"India's economy is poised to pick up in 2019, benefiting from lower oil prices and a slower pace of monetary tightening than previously expected, as inflation pressures ease," the IMF said.
An agenda for energy
India needs to bring structural changes, reset targets, influence global policy and choices.
Fitch ups India's growth forecast to 7.8 per cent for financial year 2019
"This robust performance was partly attributable to a powerful base effect, with GDP growth dampened in 2Q17 (April-June) by companies de-stocking ahead of the rollout of the goods and services tax," Fitch said.
India's rising economic fortunes mean better prospects for common man: Amit Shah
"India's rising economic fortunes mean better prospects for the common man, who will now have more means and opportunities to realise his or her dreams. New India, under PM Modi's leadership, is now empowered more than ever," Shah tweeted.
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Growth in the machine
If done right, artificial intelligence can jump-start India’s productivity, help the country get out of the emerging economy trap, propel it into the ranks of nations that matter.
India fastest growing major economy, trend to continue for some years, says Arun Jaitley
Taking a dig at the critics of the government, Jaitley said that India's GDP has not declined by 2 per cent on account of demonetisation and GST implementation, nor will it India live in poverty as predicted by former finance minister.
Chidambaram says his take on growth rate cut has come true
"A day after demonetisation was announced, I had said in Parliament that it would lead to a cut in the growth rate by 1.5 per cent," Chidambaram recalled. While the GDP growth rate was 8.2 per cent in 2015-16, it was 6.7 per cent in 2017-18.
Higher crude, interest rate may cap GDP at 7.5 per cent: Nomura
It can be noted that there was a dip in the growth in the first half of the previous fiscal, which was attributed by analysts to GST implementation and the waning effects of demonetisation.
GDP growth Videos
‘Think of it the other way, not about govt raiding RBI, but how RBI could have behaved differently’
In this edition of the Idea Exchange, Former Chief Economic Adviser Arvind Subramanian talks about demonitisation, defends GST, explains the reasons why growth has not been robust and reflects back on his tenure as Chief Economic Adviser of India.
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