you are here: HomeNewsGdp
gdp
Jump to
4200 Results Found
  • Credit Suisse cuts India's FY22 GDP forecast to 8.5-9% May 07, 2021 09:07 AM IST

    Credit Suisse cuts India's FY22 GDP forecast to 8.5-9%

    The Swiss brokerage has also warned that it will delay the economy reaching potential growth rate by an additional two-three years beyond 2022-23.

  • COVID-19 resurgence bringing renewed challenges for India; GDP growth seen at 9.5%: Fitch May 06, 2021 02:36 PM IST

    COVID-19 resurgence bringing renewed challenges for India; GDP growth seen at 9.5%: Fitch

    The sudden and steep surge in the number of coronavirus cases – the highest-ever 4,12,262 new infections and a record 3,980 daily death toll in a day – has swamped the health system, which seemed to have collapsed.

  • S&P slashes India's GDP growth forecast to 9.8% for this fiscal May 05, 2021 01:36 PM IST

    S&P slashes India's GDP growth forecast to 9.8% for this fiscal

    The US-based rating agency in March had a 11 per cent GDP growth forecast for India for the April 2021-March 2022 fiscal on account of a fast economic reopening and fiscal stimulus.

  • Barclays cuts India's FY22 GDP growth forecast to 10%; says local lockdowns to cost $38 billion till June May 03, 2021 03:37 PM IST

    Barclays cuts India's FY22 GDP growth forecast to 10%; says local lockdowns to cost $38 billion till June

    If the ongoing localised lockdowns continue till June, it will lead to economic losses of USD 38.4 billion, it said.

  • Macro Minutes Podcast | Cost of vaccination to exchequer could be Rs 60,000 crore: Tanvee Gupta Jain, UBS Apr 29, 2021 08:28 PM IST

    Macro Minutes Podcast | Cost of vaccination to exchequer could be Rs 60,000 crore: Tanvee Gupta Jain, UBS

    While the centre has provided a vaccination budget of Rs 35,000 crore, the actual cost could be around Rs 60,000 crore, says Tanvee Gupta Jain, India Chief Economist at UBS, in this latest episode of Moneycontrol Macro Minutes.

  • US economy grows 6.4% in January-March quarter: Govt Apr 29, 2021 06:16 PM IST

    US economy grows 6.4% in January-March quarter: Govt

    But business reopenings and increased spending also pushed prices higher, with a key inflation measure jumping 3.5 percent in the January-March period, compared to an rise of just 1.5 percent in the prior quarter, the Commerce Department reported.

  • ICRA revises down India's GDP growth forecast to 10.5% in FY22 Apr 28, 2021 05:01 PM IST

    ICRA revises down India's GDP growth forecast to 10.5% in FY22

    ICRA cautions that the localised restrictions have started to impede the sequential momentum in many sectors.

  • Ind Ra revises down India's FY22 GDP growth forecast to 10.1% Apr 23, 2021 01:17 PM IST

    Ind Ra revises down India's FY22 GDP growth forecast to 10.1%

    At a time when large parts of the country are experiencing tremendous pressure on medical infrastructure, the agency said it expects the second wave to start subsiding by mid-May.

  • Fitch affirms BBB- rating, says COVID surge may delay economic recovery Apr 22, 2021 09:34 PM IST

    Fitch affirms BBB- rating, says COVID surge may delay economic recovery

    It projected a 12.8 per cent recovery in GDP in the fiscal year ending March 2022 (FY22), moderating to 5.8 per cent in FY23, from an estimated contraction of 7.5 per cent in 2020-21.

  • Second COVID wave could spark greater uncertainty; govt will respond with fiscal steps if required: Niti Aayog vice chairman Apr 18, 2021 11:55 AM IST

    Second COVID wave could spark greater uncertainty; govt will respond with fiscal steps if required: Niti Aayog vice chairman

    The country's economy is projected to contract by 8 per cent in 2020-21, as per official estimates.

  • After Goldman Sachs and Nomura, economists warn of more cuts in FY22 GDP forecasts Apr 15, 2021 02:22 PM IST

    After Goldman Sachs and Nomura, economists warn of more cuts in FY22 GDP forecasts

    Economists of other agencies like SBI and ICRA say that the impact of rising COVID cases and more localized lockdowns will have a significant impact on their GDP forecasts.

  • Macro Minutes Podcast | The economic impact of second Covid 'surge' will not be as large as the first one: Chief Economic Advisor Apr 13, 2021 08:26 PM IST

    Macro Minutes Podcast | The economic impact of second Covid 'surge' will not be as large as the first one: Chief Economic Advisor

    Speaking on the latest episode of “Moneycontrol Macro Minutes” podcast, Subramanian said that the government had been deliberately conservative in its forecasts for the current financial year. While not ruling out an economic intervention like last year should the need arise, Subramanian said any further measures announced would likely be on the fiscal support and capital expenditure side.

  • China to contribute more than one-fifth of increase in global GDP: Report Apr 07, 2021 04:04 PM IST

    China to contribute more than one-fifth of increase in global GDP: Report

    The IMF report predicted that the US will be the second biggest contributor to global growth, followed by India, Japan and Germany.

  • RBI Monetary Policy: GDP growth forecast retained at 10.5 percent, COVID surge adds uncertainty to growth Apr 07, 2021 10:28 AM IST

    RBI Monetary Policy: GDP growth forecast retained at 10.5 percent, COVID surge adds uncertainty to growth

    The RBI said the projection of real GDP growth for 2021-22 consists of 26.2 percent in Q1, 8.3 percent in Q2, 5.4 percent in Q3 and 6.2 percent in Q4.

  • Data shows economy well-poised to deal with second COVID wave; but concerns remain Apr 06, 2021 09:48 PM IST

    Data shows economy well-poised to deal with second COVID wave; but concerns remain

    While data points like GST, housing and vehicle sales indicate that the economy is still on a strong path to recovery, industrial production and manufacturing sentiment numbers show that there is still a cause of concern. As COVID numbers spike again, Moneycontrol takes a look at some key high-frequency data.

  • MPC outcome: RBI likely to keep FY2022 GDP estimate at 10.5%, says Suvodeep Rakshit of Kotak Institutional Equities Apr 06, 2021 06:04 PM IST

    MPC outcome: RBI likely to keep FY2022 GDP estimate at 10.5%, says Suvodeep Rakshit of Kotak Institutional Equities

    The RBI MPC is likely to keep the repo rate unchanged and maintain an accommodative stance over the near term, says Rakshit.

  • India records current account deficit of 0.2% in December quarter Mar 31, 2021 07:38 PM IST

    India records current account deficit of 0.2% in December quarter

    In the current fiscal, as the pandemic impacted trade, the current account had been in surplus in the previous two quarters, at $15.1 billion and USD 19 billion, respectively, as per the data on balance of payments released by the RBI on Wednesday.

  • India bounced back big way but not out of woods; real GDP growth to be 7.5 to 12.5%: World Bank Mar 31, 2021 10:34 AM IST

    India bounced back big way but not out of woods; real GDP growth to be 7.5 to 12.5%: World Bank

    .The Washington-based global lender, in its latest South Asia Economic Focus report released ahead of the annual Spring meeting of the World Bank and the International Monetary Fund (IMF), said that the economy was already slowing when the COVID-19 pandemic unfolded.

  • Services could be the engine of India’s growth, finds Yale Research Mar 25, 2021 09:09 AM IST

    Services could be the engine of India’s growth, finds Yale Research

    Productivity growth in sectors such as retail, hospitality, or transportation account for one third of welfare growth between 1987 and 2011

  • Household debt soars to 37.1% of GDP, savings plunge 10.4% in Q2: RBI report Mar 21, 2021 01:57 PM IST

    Household debt soars to 37.1% of GDP, savings plunge 10.4% in Q2: RBI report

    The household savings plunged as the pandemic has led to tens of millions losing jobs and almost all forced to take deep pay-cuts, forcing them to borrow more or dip into their savings to meet expenses.

  • DAILY VOICE | About two-thirds of the mid-cap stocks are still relatively undervalued: Dr. Joseph Thomas of Emkay Wealth Mar 19, 2021 07:19 AM IST

    DAILY VOICE | About two-thirds of the mid-cap stocks are still relatively undervalued: Dr. Joseph Thomas of Emkay Wealth

    Thomas shares his views on the outlook for the market, especially in the scenario of rising US bond yields, commodity prices and PSU privatisation. Read on

  • India may become ‘fastest growing economy’ again, OECD projects 12.6% GDP growth Mar 10, 2021 10:20 AM IST

    India may become ‘fastest growing economy’ again, OECD projects 12.6% GDP growth

    If the projected growth is “realised” it could allow India to “reclaim its status as the fastest growing major economy from China,” the OECD report said.

  • India's GDP expected to grow by 11% in FY22: Crisil Mar 09, 2021 02:42 PM IST

    India's GDP expected to grow by 11% in FY22: Crisil

    Crisil expects GDP growth to average 6.3 per cent between fiscals 2022-23 and 2024-25, which would be lower than the 6.7 per cent average growth seen in the decade preceding the pandemic.

  • Coronavirus-hit Maharashtra economy to contract by 8% in FY21: Survey Mar 05, 2021 03:59 PM IST

    Coronavirus-hit Maharashtra economy to contract by 8% in FY21: Survey

    Deputy Chief Minister and Finance Minister Ajit Pawar tabled the survey in the state Assembly, while Minister of State for Finance Shambhuraj Desai presented it in the Council.

  • Surge in COVID-19 cases poses downside risks to growth: Finance Ministry Mar 05, 2021 02:54 PM IST

    Surge in COVID-19 cases poses downside risks to growth: Finance Ministry

    The 'Monthly Economic Review' for February also stated that higher-than-expected subsidy outlay in 2020-21 has led to real GDP contraction projections to be larger than that of real GVA, an unusual occurrence in itself.

Sections