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Omicron hurts Q4, GDP grows 8.7% in FY22

June 01, 2022 2:15 am

India’s GDP grew at 8.7 per cent in the financial year 2021-22, while the GDP for the January-March quarter (Q4 of FY22) rose 4.1 per cent, data released by the National Statistical Office (NSO) showed.

Germany inflation hits 30-year high at 7.3%, growth outlook dims

March 31, 2022 1:52 pm

Growth expectations have been slashed amid fears the Ukraine conflict with hit Europe's biggest economy hard.

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Cash with public at new high this fiscal even as digital payments rise by a third

March 28, 2022 7:01 am

INOX stockholders to get 3 PVR shares for every 10 shares held

GDP growth rate revised down to 8.9%, construction sector contracts

March 01, 2022 1:07 am

The Indian economy is estimated to have grown at 20.3 per cent in April-June as against earlier estimate of 20.1 per cent, and at 8.5 per cent in July-September against earlier estimate of 8.4 per cent.

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With expenditure lagging, Centre likely to use additional fiscal space to rein in deficit

January 09, 2022 12:40 am

🔴 Nominal GDP estimate of 17.6 pre cent leaves space of around Rs 65K crore

India at COP26 says its solar energy capacity increased 17 times in 7 years; now at 45 GW

November 07, 2021 6:37 pm

India said this while giving a presentation on its third Biennial Update Report (BUR) during the 11th Facilitative Sharing of Views (FSV) at the ongoing COP26 climate summit here.

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Q1 growth rate 20.1%, real GDP still below pre-Covid level

September 01, 2021 1:33 am

The first quarter’s high growth rate, however, has come despite a brutal second wave of the pandemic which peaked in April-May.

Covid pandemic result of degradation of natural areas, species' loss, exploitation: UNEP India

June 20, 2021 12:01 pm

India has taken the path of short-term economic interest over decades and this has diminished the ability of ecosystems to provide and support both humans and other life forms, the United Nations Environment Programme (UNEP) official said while speaking to PTI.

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India’s GDP contracts 7.3% in FY21, but uptick in Q4 with push from manufacturing

June 01, 2021 5:04 am

The uptick in the fourth quarter was driven mainly by the manufacturing sector even as services remained comparatively sluggish, provisional estimates of annual national income and quarterly estimates released by the National Statistical Office (NSO) on Monday showed.

Virus spread in rural areas may hit recovery further

May 12, 2021 7:12 am

On the other hand, in urban areas, the pent-up demand for consumer goods — a major contributor to the pick-up in consumption in the second half of 2020-21 — is unlikely to be a factor this year, further denting the growth prospects.