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  India's GDP shows remarkable recovery, grows 8.4% in Q2FY22 to beat estimates

  India | November 30, 2021 18:46 IST

  The GDP growth in April-June quarter this fiscal stood at 20.1 per cent. The Indian economy had contracted by 24.4 per cent in April-June last year.

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  India's GDP likely to grow 8.1% in Q2 FY22: SBI report

  Business | November 22, 2021 17:52 IST

  In the first quarter of FY 22, the economy grew 20.1 per cent. For the fiscal 2022, RBI has estimated real GDP growth to be at 9.5 per cent -- 7.9 per cent in Q2, 6.8 per cent in Q3 and 6.1 per cent in Q4.

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  Emerging from 'very tough' 2nd wave, India keeps top global spot with 9.5% GDP growth

  Business | October 12, 2021 20:28 IST

  India’s growth projection released by the latest World Economic Outlook remains unchanged from its previous WEO (World Economic Outlook) update of July this summer but is a three-percentage point in 2021 and 1.6 percentage point drop from its April projections.

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  RBI retains economic growth forecast at 9.5 for FY22

  Business | October 08, 2021 17:45 IST

  In his address after the three-day meeting of the rate-setting panel, RBI Governor Shaktikanta Das said recovery in aggregate demand gathered pace in August-September, and it is reflected in high-frequency indicators, like railway freight traffic; port cargo; cement production; electricity demand; e-way bills; GST and toll collections.

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  Rise in GDP for govt is rising prices of gas, diesel, petrol: Rahul Gandhi

  News | September 01, 2021 18:08 IST

  Taking on the Modi government, Congress leader Rahul Gandhi on Wednesday once again hit out at the Centre over inflation saying increase in GDP means hike in gas, diesel, petrol prices. addressing a presser, Rahul Gandhi said, "In the last 7 years, we have seen a new economic paradigm. Demonetisation on one side, and monetisation on the other side."

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  India on course for 9% GDP growth in FY 2022, 3rd wave still a concern

  Business | September 01, 2021 14:06 IST

  The data released by th Ministry of Statistics on Tuesday showed that the country's GDP has recovered swiftly to clock a growth of 20.1 pc in the Apr-June quarter of FY22 as against a contraction of 24.4 pc seen in the same period of previous year.

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  India's GDP grows 20.1% in April-June 2021, says Govt

  Business | August 31, 2021 18:02 IST

  The gross domestic product (GDP) had contracted by 24.4 per cent in the corresponding April-June quarter of 2020-21, according to data released by the National Statistical Office (NSO).

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  Projection for real GDP growth is retained at 9.5% for 2021-22: RBI Governor

  News | August 06, 2021 14:15 IST

  Reserve Bank of India (RBI) has decided to retain projection for real GDP growth at 9.5% for 2021-22. "The projection for real GDP growth is retained at 9.5% for 2021-22... Consumer Price Index (CPI) inflation is projected at 5.7 % during 2021-22 - this consists of 5.9% in Q2, 5.3% in Q3 and 5.8% in Q4 of 2021-22 with risks broadly balanced. CPI inflation for the first quarter of 2022-23 is projected at 5.1%," said RBI Governor Shaktikanta Das on August 06.

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  Pandemic-hit economy started to look up in late-May and early June: RBI Governor

  Business | July 01, 2021 22:56 IST

  Reserve Bank of India (RBI) Governor Shaktikanta Das said that the second wave of pandemic has taken grievous toll on India.

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  RBI lowers GDP growth projection to 9.5 pc for 2021-22

  Business | June 04, 2021 12:30 IST

  The Reserve Bank on Friday lowered the country's growth projection for the current financial year to 9.5 percent from 10.5 percent.

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  2020-21 darkest year of economy in four decades, laments Chidambaram

  Business | June 01, 2021 20:52 IST

  The former finance minister attacked the Central government over the GDP numbers.

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  '2020-21 darkest year of economy': P Chidambaram

  News | June 01, 2021 17:48 IST

  During a video-conferencing interaction, Congress Leader P Chidambaram highlighted economical situation of the country amid COVID crisis and said that the 2020-21 is the "darkest year" of the economy in four decades.

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  Moody's pegs India GDP growth at 9.3% in FY22

  Business | June 01, 2021 12:25 IST

  "We expect a decline in economic activity in the April-June quarter, followed by a rebound, resulting in real, inflation-adjusted GDP growth of 9.3 per cent in the fiscal year ending March 2022 and 7. 9 per cent in fiscal 2022-23," Moody’s Investors Service said

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  India's GDP grows 1.6% in Jan-March; shrinks 7.3% in 2020-21

  Business | May 31, 2021 18:10 IST

  ​India's economy grew by 1.6 per cent in the fourth quarter of 2020-21, restricting the full-year contraction to 7.3 per cent, official data showed on Monday.  

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  Oxford Economics lowers India's GDP growth forecast to 10.2%

  Business | April 26, 2021 17:55 IST

  The IMF has projected an impressive 12.5 per cent growth rate for India in 2021, while S&P Global Ratings has said the Indian economy is projected to grow at 11 per cent in the current fiscal

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  Good News! India exits recession with 0.4% GDP growth in FY21 Q3

  Business | February 27, 2021 0:14 IST

  The National Statistical Office (NSO) data on Friday showed that the Q2FY21 GDP on a year-on-year basis contracted by 7.3 per cent from (-)24.4 per cent in the preceding quarter.

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  Covid Impact! Economy likely to contract 7.7% in 2020-21, Govt data shows

  Business | January 07, 2021 18:40 IST

  Real GDP or GDP at Constant Prices (2011-12) in the year 2020-21 is likely to attain a level of Rs 134.40 lakh crore, as against the Provisional Estimate of GDP for the year 2019-20 of Rs 145.66 lakh crore.

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  India to become 5th largest economy in 2025, 3rd largest by 2030

  Business | December 26, 2020 12:52 IST

  India, which appears to have been pushed back to being the world's sixth biggest economy in 2020, will again overtake the UK to become the fifth largest in 2025 and race to the third spot by 2030, a think tank said on Saturday. 

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  India's GDP: Quickest to fall, fastest to recover

  Business | December 25, 2020 23:17 IST

  The covid-19 induced turmoil showed weakness as well as resilience of India's economy in 2020, as the country's GDP recorded abysmal fall and breathtaking recovery.

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  India's GDP made comeback in 2nd quarter: Anand Sharma

  News | December 21, 2020 16:03 IST

  Congress leader and Rajya Sabha member, Anand Sharma on December 21 submitted the COVID report in the upper house.