Gross Domestic Product
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GDP to grow by 7.4% in FY2025-26: Govt's advance estimates
Business | Jan 07, 2026, 04:57 PM ISTReal GDP or GDP at Constant Prices is estimated to attain a level of Rs 201.90 lakh crore in FY 2025-26, against the Provisional Estimates (PE) of GDP for the FY 2024-25 of Rs 187.97 lakh crore.
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Gross GST collections surge 16.4 per cent to over Rs 2.01 lakh crore in May 2025
Business | Jun 01, 2025, 03:50 PM ISTIn May, revenue from domestic transactions increased by 13.7 per cent, totalling approximately Rs 1.50 lakh crore. Meanwhile, GST from imports jumped 25.2 per cent to Rs 51,266 crore.
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GDP growth slows to 6.4 per cent for 2024-25, down from 8.2 per cent in previous year: Govt Data
Business | Jan 07, 2025, 04:46 PM ISTIndia's GDP growth rate is projected to slow to 6.4 per cent in the financial year 2024-25, down from the 8.2 per cent recorded in 2023-24, as per government data. The decline is attributed to global economic uncertainties and domestic challenges.
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SBI forecasts India's GDP growth at 6.3 pc, lower than RBI's projection for financial year 2025
Business | Dec 07, 2024, 02:34 PM ISTThe current downward revision to 6.6 per cent for FY25 reflects the RBI's acknowledgement of potentially missing earlier projections by a significant margin.
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India's GDP grows at 6.7 per cent in April-June quarter in FY2024-25
Business | Aug 30, 2024, 06:40 PM ISTIndia remains the fastest-growing major economy, as China's GDP growth in the April-June quarter was 4.7 per cent. The economy grew by 7.2 per cent in 2022-23 and 8.7 per cent in 2021-22, according to official data.
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India records current account surplus of 0.6 per cent of GDP in March quarter: RBI
Business | Jun 24, 2024, 06:50 PM ISTFor FY24, the current account deficit narrowed to USD 23.2 billion or 0.7 per cent of GDP against USD 67 billion or 2 per cent of GDP in FY23, the RBI said in a release on the Developments in India's Balance of Payments.
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'Robust 8.4 per cent GDP growth in Q3 2023-24 shows strength of Indian economy': PM Modi
Business | Feb 29, 2024, 10:26 PM ISTIndian GDP growth: The NSO, in its second advance estimate of national accounts, pegged the country's growth at 7.6 per cent for 2023-24. It had projected a growth of 7.3 per cent for the current fiscal in its first advance estimates released earlier in January 2024.
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Economic experts analyse Rs 2.59 lakh crore discrepancy in India's GDP estimates for 2023-24
Business | Jan 07, 2024, 04:17 PM ISTThe NSO's initial estimates for this fiscal year also disclose that the country's Gross Value Added (GVA) is projected to grow at 6.9% in 2023–24, a decrease from the 7% recorded in 2022–23.
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PM Modi's advisor dwells on how India could have become $5 trillion economy long ago | Details here
Business | Nov 21, 2023, 07:24 AM ISTMutual fund industry veteran Nilesh Shah said that Indians have spent USD 375 billion on gold imports on a net basis in the last 21 years and added that we keep reading about Customs' gold seizures on a regular basis, which makes it evident that smuggling is rampant.
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India records economic growth of 7.8 per cent in first quarter of 2023-24: NSO data
Business | Aug 31, 2023, 06:19 PM ISTIndia remains the fastest-growing major economy as China's GDP growth in the April-June quarter was 6.3 per cent.
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Central debt increased by 174% between 2013-14 and 2022-23, external debt by 100%: Finance Ministry
Business | Aug 14, 2023, 08:29 AM ISTThe government's external debt, which was 374,484 crore in 2013–14, will increase by 100% to 7,48,895 crore in 2022–23.
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Can India become a developed nation by 2047? Here's what RBI says in its article
Business | Jul 18, 2023, 01:03 PM ISTIndia achieved growth of 7.2 per cent in 2022–2023. The GDP growth forecast for the current fiscal year by the RBI is 6.5 per cent.
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GDP growth projected to spike to four-quarter high 13.0 per cent in Q1 FY2023, says ICRA
Business | Aug 24, 2022, 01:17 PM ISTBusiness news: ICRA expects the sectoral growth in Q1 FY2023 to be driven by the services sector (+17-19 per cent; +5.5 per cent in Q4 FY2022), followed by the industry (+9-11 per cent; +1.3 per cent).
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In falling GDP, Agriculture output is only positive
Business | Sep 01, 2020, 02:52 PM ISTThe Gross Domestic Product (GDP) had grown by 5.2 per cent in the corresponding quarter of FY2019-20. In the quarter just preceding Q1 FY21, the economic growth was at 3.1 per cent. The country had observed mobility restrictions as mandated under the lockdown measures for the better part of the first quarter of FY21.
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India's GDP growth slips to 4.7 per cent in December quarter
India | Feb 28, 2020, 06:56 PM ISTIndia's economic growth slowed to 4.7 percent in October-December 2019, according to official data released on Friday.
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Land reform to boost economic growth in South China
World | Sep 04, 2019, 10:48 AM ISTAccording to the report, what stands out in this land reform is Shunde District in the city of Foshan, south China's Guangdong Province, which recorded a gross domestic production (GDP) of over 150 billion yuan (around $21 billion) in the first half of 2019, up 7.1 per cent year-on-year.
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GST collections drop below Rs 1 lakh crore to Rs 98,202 crore in August
Business | Sep 01, 2019, 05:39 PM ISTGross revenue collections from the Goods and Services Tax (GST) in July stood at Rs 1.02 lakh crore.
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Who is responsible for 'destroying' economy? Congress demands government to clarify
India | Aug 31, 2019, 05:39 PM ISTGandhi on Twitter said the government that trumpeted of bringing "achche din" (good days) has now "punctured" the economy.
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India's economic growth dips to 7 year low of 5 per cent in April-June
Business | Aug 30, 2019, 07:07 PM ISTThe previous low was recorded at 4.9 per cent in April-June 2012-13. The economic growth was 8 per cent in the same quarter of 2018-19.
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Congress asks government to issue white paper on economy
India | Aug 27, 2019, 05:04 PM ISTAddressing a press conference at the party headquarters, Congress leader Anand Sharma said: "India is in a deep financial crisis. The economy is in shambles. All indicators of development are low. And India's GDP is continuously falling."