Gdp
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WEF Davos: Kamal Nath refers GDP as 'fancy figure', says growth must translate to well being on ground
Business | Jan 23, 2019, 04:06 PM ISTAt a session on the emerging market outlook at the World Economic Forum Annual Meeting 2019, Nath also strongly defended his government's farm loan waiver decision and said the agricultural sector in India and particularly in his state has been in distress.
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India's GDP expected at 7.3 per cent in FY 2018-19, says World Bank
Business | Jan 09, 2019, 06:36 AM IST"India's growth outlook is still robust. India is still the fastest growing major economy," World Bank Prospects Group Director Ayhan Kose said.
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Direct tax-GDP ratio of 5.98 per cent during FY18 best in 10 years: Finance Ministry
Business | Jan 02, 2019, 06:52 PM ISTIn its 2018 review said, the ministry said: "There is a constant growth in direct tax-GDP ratio over last three years and the ratio of 5.98 per cent in Fiscal Year 2017-18 is the best DT-GDP ratio in last 10 years".
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Centre set to increase public health spending to 2.5 per cent of GDP by 2025: PM Narendra Modi
Business | Dec 12, 2018, 11:36 AM ISTIndia reached 32.8 million children and 8.4 million pregnant women over the last three years under Mission Indradhaush, PM said.
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Base year for GDP calculation revised 5-6 times since independence: Arun Jaitley
Business | Dec 05, 2018, 11:44 PM ISTJaitley said the opposition went overboard on the issue of CBI versus CBI and it did have a lack of understanding of the issue.
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Indian economy slows down to 3-month low of 7.1% in Q2; retains fastest growing major economy tag
Business | Nov 30, 2018, 09:24 PM ISTAccording to government data released on Friday, the Gross Domestic Product (GDP) at constant prices (2011-12) had grown at 6.3 per cent in July-September quarter of the last fiscal.
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Arun Jaitley defends revision in GDP data; Chidambaram calls it 'hatchet job'
National | Nov 29, 2018, 11:51 PM ISTJaitley said the CSO, in 2015, changed the way of calculating Gross Domestic Product (GDP). GDP growth rate estimates were revised from the year 2012-13 onwards with 2011-12 being the base year.
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China's GDP grows 6.7% in first 3 quarters
Business | Oct 19, 2018, 01:45 PM ISTIn the third quarter, China's GDP rose 6.5 per cent from a year ago, compared to a 6.7 per cent increase in the second quarter, the NBS said in a statement.
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India's manufacturing sector to record robust growth in Q2: Report
Business | Oct 11, 2018, 10:12 PM ISTAccording to the survey, high growth is expected in cement and ceramics, capital goods, automotive and medical devices and technologies in Q2 2018-19.
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Government determined to contain fiscal deficit at 3.3 per cent of GDP
Business | Sep 13, 2018, 01:02 PM ISTThe government's finances have shown improvement in July with fiscal deficit at 86.5 per cent of the Budget Estimate (BE), mainly on account of higher revenue collection, as per official data.
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Weaker rupee, rising oil prices likely to induce GDP slowdown: Report
Business | Sep 12, 2018, 03:12 PM ISTAccording to a report by the firm, the 8.2 per cent GDP growth for the April-June quarter of this year, though "encouraging", was largely owing to base effects.
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Chidambaram expresses scepticism over GDP growth prospects in coming year
India | Aug 31, 2018, 11:27 PM IST"Going forward, the base effect will not be so favourable. And when we reach Q3 and Q4, the rate of growth may decline and the annual growth rate may be more or less like last year's," he said on Twitter.
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8.2% growth represents potential of New India: Jaitley on GDP
India | Aug 31, 2018, 11:24 PM IST"India's GDP for the first quarter this year growing at 8.2 per cent in an otherwise environment of global turmoil represents the potential of New India," Jaitley said in a tweet.
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At 8.2%, India’s Q1 GDP for 2018-19 registers fastest growth in 15 quarters
Business | Aug 31, 2018, 09:03 PM ISTThe Q1 GDP growth, highest in last 15 quarters, cemented India's position as the fastest growing major economy, clocking higher expansion rate than China's 6.7 in the same quarter.
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India expected to surpass Britain to become world's 5th largest economy next year: Arun Jaitley
Business | Aug 30, 2018, 01:27 PM IST"This year, in terms of size, we have overtaken France. Next year we are likely to overtake Britain. Therefore, we will be the fifth largest (economy)," Jaitley said.
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Back series GDP calculation shows best years of economic growth came during UPA rule: Chidambaram
Business | Aug 18, 2018, 04:28 PM IST"Truth has triumphed. The back series calculation of GDP has proved that the best years of economic growth were the UPA years 2004-2014," Chidambaram said in a tweet.
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Q1 GDP to grow 7.1%, rupee to remain under pressure in FY19: Study
Business | Aug 14, 2018, 11:27 PM ISTThe "Ficci Economic Outlook Survey" also said that several economists are of the opinion that the rupee is likely to remain under pressure during the financial year 2018-19.
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China economic growth slows in second quarter; expands 6.7% in April-June, down from 6.8% in first quarter
World | Jul 16, 2018, 01:52 PM ISTChina's gross domestic product (GDP) grew 6.8 per cent year-on-year in the first half of 2018 to about 41.90 trillion yuan ($6 trillion)
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India surpasses France to become world's sixth largest economy
Business | Jul 11, 2018, 06:50 PM ISTWith GDP of USD 19,390,604 million, United States has topped the list, followed by China with USD 12,237,700 million.
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Higher crude prices, interest rate may cap GDP at 7.5%: Nomura
Business | Jun 15, 2018, 05:09 PM ISTThe rate hike by RBI and the oil prices raise concerns over the sustainability of what was termed as a "cyclical, broad-based recovery", Nomura's chief India economist Sonal Varma said.