India Gdp Growth
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India shines as fastest growing major economy with 6.3 % growth projection in 2025: UN report
India | May 16, 2025, 10:18 PM ISTIndia’s capital markets have played a pivotal role in channeling domestic savings into investment. As of December 2024, the stock market reached record highs, outperforming many other emerging markets despite global and domestic headwinds.
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S&P upgrades outlook on India's sovereign rating to 'positive' based on robust economic expansion
Business | May 30, 2024, 01:07 PM ISTThe rating agency's positive outlook on India is predicated on its robust economic growth, pronounced improvement in the quality of government spending, and political commitment to fiscal consolidation.
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India to become world's third-largest economy by 2027, says Jefferies
Business | Feb 22, 2024, 01:06 PM ISTOver the past decade, India's GDP has surged at a CAGR of 7%, reaching $3.6 trillion and climbing to the 5th position globally. With forecasts predicting GDP to surpass $5 trillion in four years, India is poised to overtake Japan and Germany to claim the third spot.
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S&P Global Ratings projects India's GDP growth 7 per cent by 2026 compared to 4.6 per cent for China
Business | Nov 28, 2023, 09:50 PM ISTAmerican Rating agency S&P in its report titled- 'China slows, India grows' pegged India's GDP growth at 7 per cent by by 2026, while China's GDP growth is projected at 4.6 per cent.
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World Bank maintains India's GDP growth forecast for 2023-24 at 6.3%
Business | Oct 03, 2023, 12:59 PM ISTThe report attributes this resilience to robust domestic demand, substantial public infrastructure investments, and a strengthening financial sector.
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India's GDP grows at 6.1 per cent in January-March 2023: Government data | DETAILS
Business | May 31, 2023, 06:14 PM ISTIndia's GDP growth: As per the official data. India's GDP has witnessed a hike of 6.1 percent in January-March 2023.
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'India GDP will be fastest-growing economy over next few years, but bureaucracy...': Moody's report
Business | May 23, 2023, 10:41 PM ISTIt said despite the economy's strong potential, there is a risk that the pace of investment in India's manufacturing and infrastructure sectors could slow because of limited economic liberalization or slower policy implementation.
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GDP grew 8.7% in 2021-22 against 6.6% in previous fiscal: Govt
Business | May 31, 2022, 06:22 PM ISTIndia's economy grew by 4.1 per cent in the fourth quarter of 2021-22, pushing up the annual growth rate to 8.7 per cent
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India's GDP shows remarkable recovery, grows 8.4% in Q2FY22 to beat estimates
India | Nov 30, 2021, 06:46 PM ISTThe 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 | Nov 22, 2021, 05:52 PM ISTIn 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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India's GDP likely to grow at 18.5 per cent in April-June quarter this fiscal: SBI report
Business | Aug 24, 2021, 11:50 AM ISTState Bank of India has developed the 'Nowcasting Model' with 41 high-frequency indicators associated with industrial activity, service activity, and the global economy.
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India’s GDP to grow at 11% this fiscal, surge in COVID cases may put economic recovery at risk: ADB
Business | Apr 28, 2021, 02:52 PM ISTThe Indian economy is projected to grow at 11 per cent in the current financial year amid the "strong" vaccine drive, said ADB on Wednesday, while cautioning that the recent surge in COVID cases may put the country's economic recovery at "risk".
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Reserve Bank of India retains GDP growth forecast at 10.5% for FY22
Business | Apr 07, 2021, 02:31 PM ISTThe IMF on Tuesday projected an impressive 12.5 per cent growth rate for India in 2021, stronger than that of China, the only major economy to have a positive growth rate last year during the COVID-19 pandemic.
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India's FY21 GDP to contract 7.7%, says Economic Survey
Business | Jan 29, 2021, 02:54 PM ISTThe document which was tabled by Finance Minister Nirmala Sitharaman in the Lok Sabha in its debt simulations for worst-case debt analysis assumed the contraction at (-) 7.7 per cent.
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India's GDP to expand by 11% in 2021-22 after falling by 9.4%: Fitch
Business | Jan 14, 2021, 10:39 AM ISTFitch said India's coronavirus-induced recession has been among the most severe in the world, amid a stringent lockdown and limited direct fiscal support.
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FY21 GDP to contract at 7.4% on better recovery: SBI report
Business | Dec 16, 2020, 12:16 PM ISTIndia's GDP growth is expected to be at (-) 7.4 per cent in FY21 on better than projected recovery, said a SBI research report, upgrading its earlier forecast of (-) 10.9 per cent. The report also believes that it would take seven quarters from the fourth quarter of FY21 for GDP to reach the pre-pandemic level in nominal terms.
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India’s GDP expected to contract by 9.6 per cent this fiscal: World Bank
Business | Oct 08, 2020, 12:24 PM ISTThe Washington-based global lender, in its latest South Asia Economic Focus report ahead of the annual meeting of the World bank and International Monetary Fund, forecasts a sharper than expected economic slump across the region, with regional growth expected to contract by 7.7 per cent in 2020, after topping six per cent annually in the past five years.
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'Hope is not a strategy' India needs more banks to double credit-to-GDP ratio to 100%: RBI member
Business | Sep 08, 2020, 10:50 PM ISTRBI board member Manish Sabharwal, who is the chairman of Teamlease Services, also said the country needs immediate reforms in banking, compliance, labour laws and education because "hope is not a strategy".
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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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Fitch Solution cuts India's FY21 GDP growth forecast to 1.8 per cent
Business | Apr 20, 2020, 11:29 AM ISTFitch Solutions on Monday cut India's economic growth forecast for the financial year 2020-21 to 1.8 per cent saying private consumption is likely to contract due to large-scale loss of income in the face of worsening domestic outbreak of COVID-19.