India GDP

India GDP News

GDP and its assumptions

New GDP back series does what the government needs it to — shows that growth during its term has been higher than during the UPA regime.

Lost opportunity

India missed the chance to usher in second generation reforms and free up private enterprise

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Fiscal Deficit: India could cut capex to meet target, says Moody’s

Moody’s had in November 2017 revised up India’s sovereign rating for the first time in around 14 years to Baa2 from the lowest investment-grade ranking of Baa3, with a stable outlook.

Higher than revised: Govt’s fiscal deficit at 3.53 per cent for FY18

The higher deficit is despite a reduction of `75,000 crore in expenditure from the RE level of Rs 22.18 lakh crore and a marginal upward revision in nominal GDP.

India Development Update: World Bank sees FY19 growth at 7.3 per cent, flags subdued private investment

The World Bank in its report expects growth to accelerate to 7.5 per cent for India for 2019-20 from 6.7 per cent in the current fiscal ending March 31.

India's GDP growth for financial year 2016-17 unchanged at 7.1 per cent

As per the new methodology followed by the CSO, GDP is calculated by adding product taxes to GVA at basic prices and removing subsidies.

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India's GDP to grow at 7.5 per cent in 2018, says Nomura report

The Reserve Bank in its fifth bi-monthly review of this fiscal kept repo rate unchanged at 6 per cent and reverse repo at 5.75 per cent, while raising the inflation forecast for the remainder of 2017-18 to 4.3-4.7 per cent.

India moves up one notch to 126 in GDP per capita rankings, shows IMF report

India has seen its per capita GDP rise to $7,170 in 2017, from $6,690 last year, helping improve its rank by one slot. Qatar remains top-ranked with per capita GDP of $1,24,930

GDP to remain below 6 per cent in second quarter of 2017-18: SBI report

As per the document, India's exports growth has started coming down again after picking up for a few initial months in this calendar year. It noted that exports have started their downward trajectory from May.

India GDP growth to remain flat at 7.1 per cent in 2017-18: HSBC

"Looking ahead, our below-consensus view is that growth will remain flat at 7.1 per cent in 2017-18," HSBC Chief India Economist Pranjul Bhandari said in a research note. According to official data, India's growth rate slipped to 6.1 per cent in the January-March quarter and 7.1 per cent during 2016-17

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