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  • Economy set to slow in FY24. How bad can it get? March 29, 2023 02:21 PM IST

    Economy set to slow in FY24. How bad can it get?

    India’s economy is entering a slow lane as multiple economic indicators suggest activity is levelling off after recovering from its pandemic low.

  • Private sector investment push in infrastructure pivotal for GDP momentum March 28, 2023 05:14 PM IST

    Private sector investment push in infrastructure pivotal for GDP momentum

    Power and roads show maximum promise; a doubling in the share of private sector investment in infrastructure by fiscal 2027 would put India’s GDP on a higher trajectory

  • Centre working to reduce logistics cost to GDP to 7.5% in 5 years: Amit Shah March 28, 2023 01:12 PM IST

    Centre working to reduce logistics cost to GDP to 7.5% in 5 years: Amit Shah

    Addressing the annual session of Assocham, Amit Shah said, without the development of the country's infrastructure and reduction of logistics costs, development was not possible.

  • Will weak monsoons sap rural demand? Rural sector much bigger than just agriculture, says Jefferies March 27, 2023 02:37 PM IST

    Will weak monsoons sap rural demand? Rural sector much bigger than just agriculture, says Jefferies

    Only 40 percent of rural economy is agriculture, and services and manufacturing account for a substantial chunk of rural incomes.

  • Morning Scan: All the big stories to get you started for the day March 27, 2023 07:27 AM IST

    Morning Scan: All the big stories to get you started for the day

    A round-up of all the top stories from newspapers to get you started for the day.

  • India current account deficit likely narrowed to 2.7% of GDP in Q4: Poll March 24, 2023 09:03 AM IST

    India current account deficit likely narrowed to 2.7% of GDP in Q4: Poll

    The median forecast of 22 economists polled March 16-23 showed a current account deficit of $23.0 billion in October-December 2022, or 2.7% of gross domestic product (GDP). Forecasts ranged from $15.0-$28.0 billion, or 2.0%-3.2% of GDP.

  • Himachal Pradesh Economic Survey: GDP growth to be 6.4% in FY23 against 7.6% in 2021-22 March 16, 2023 05:52 PM IST

    Himachal Pradesh Economic Survey: GDP growth to be 6.4% in FY23 against 7.6% in 2021-22

    The Economic Survey presented in the Vidhan Sabha by Chief Minister Sukhvinder Sukhu on Thursday pegged the GDP at constant prices (2011-12) in Financial Year 2022-23 at Rs 1,34,576 crore against a provisional GDP estimate of Rs 1,26,433 crore for 2021-22.

  • Nomura doesn't foresee 25 bps hike, expects RBI to hold rates in April policy review March 14, 2023 09:20 AM IST

    Nomura doesn't foresee 25 bps hike, expects RBI to hold rates in April policy review

    Consumer Price Index (CPI) inflation decreased from 6.5% in January to 6.4% year-on-year in February. Like the headline inflation rate, food inflation also cooled a bit in February to 5.95 percent from 6 percent in the previous month

  • China's new Premier Li Qiang says achieving 5% GDP target this year not easy March 13, 2023 10:50 AM IST

    China's new Premier Li Qiang says achieving 5% GDP target this year not easy

    Li Qiang, the long-term aide of Chinese President Xi Jinping who succeeded Li Keqiang, in his first press conference, drew on Chinese folklore to demonstrate the country's resilience in the face of difficulties but concedes the economy faces challenges.

  • Rising heat and inflation to dampen consumption demand March 09, 2023 10:13 AM IST

    Rising heat and inflation to dampen consumption demand

    The current consumption demand is not broad-based but skewed towards goods and services consumed largely by households falling in the upper-income bracket. Thus, sustaining the recovery of consumption demand has become a challenge

  • Slowdown in GDP growth late last year temporary: Moody's Analytics March 08, 2023 08:24 AM IST

    Slowdown in GDP growth late last year temporary: Moody's Analytics

    The government data released last week showed India's gross domestic product (GDP) growth slowed to a three quarter low of 4.4 per cent in October-December,2022, mainly due to contraction in manufacturing and low private consumption expenditure.

  • Consumption In India: Two steps forward and one step backward March 07, 2023 08:29 AM IST

    Consumption In India: Two steps forward and one step backward

    Lower-income groups tend to have a high propensity to consume, while higher-income groups are more likely to save or invest in assets. This means a rise in income among lower income groups has a higher chance of boosting consumption in the economy than the increase in income for higher income groups

  • The need for a consumption-led growth strategy March 06, 2023 09:07 AM IST

    The need for a consumption-led growth strategy

    The current trickle-down economics is not working for the masses of the population. We need to transform workers into consumers to broaden the market

  • CEA Nageswaran says monthly data suggests FY23 GDP may be revised upwards March 02, 2023 02:45 PM IST

    CEA Nageswaran says monthly data suggests FY23 GDP may be revised upwards

    Data released earlier this week showed India's GDP growth rate fell to 4.4 percent in October-December

  • Moneycontrol Pro Panorama | GDP numbers sharpen central bank’s dilemma March 01, 2023 02:22 PM IST

    Moneycontrol Pro Panorama | GDP numbers sharpen central bank’s dilemma

    In today’s edition of Moneycontrol Pro Panorama: China’s play in Middle East discomforts Iran, workers in informal sector rising, lessons for businesses from Ukraine conflict, shipping containers have a story to tell, and more

  • GDP Data: Momentum maintained, but downside risks persist March 01, 2023 12:40 PM IST

    GDP Data: Momentum maintained, but downside risks persist

    For FY24, we estimate GDP growth at 6.0 percent amidst a slowing global economy, an anticipated moderation in urban leveraged consumption and a cutback in real revenue spending by the central government

  • India December quarter GDP growth stronger than data suggests: Economists March 01, 2023 12:25 PM IST

    India December quarter GDP growth stronger than data suggests: Economists

    India's GDP grew 4.4% in October-December, down from 6.3% in July-September, and below the 4.6% forecast in a Reuters poll.

  • Q3 GDP data: Services keep firing but manufacturing, consumption a worry March 01, 2023 11:24 AM IST

    Q3 GDP data: Services keep firing but manufacturing, consumption a worry

    The Statistics Ministry's estimate for GDP growth in the last quarter of 2022 is slightly lower than what was expected. But the bad news does not stop there. Economists say the 5.1 percent growth implied by the government for the fourth quarter is highly unlikely

  • GDP Data: Glass half full March 01, 2023 09:25 AM IST

    GDP Data: Glass half full

    GDP growth relative to the pre-COVID level firmed up quite considerably to 11.6 percent in Q3 FY2023 from 9.4 percent in Q2 FY2023. We are taking this as a signal of an improvement in the underlying momentum of growth, which nevertheless remains quite uneven

  • FY23 GDP growth retained at 7% despite slower growth in Q3 and upgraded estimate for FY22 March 01, 2023 09:08 AM IST

    FY23 GDP growth retained at 7% despite slower growth in Q3 and upgraded estimate for FY22

    The outlook for private consumption remains relatively sombre as pent-up demand has been met this fiscal year with a complete recovery from the pandemic

  • CEA Nageswaran rejects weak manufacturing showing in GDP data, says sector in good health February 28, 2023 09:24 PM IST

    CEA Nageswaran rejects weak manufacturing showing in GDP data, says sector in good health

    As per data released on February 28, the manufacturing sector contracted by 1.1 percent in October-December

  • India's economic growth slows down further to 4.4% in Dec quarter March 01, 2023 06:21 AM IST

    India's economic growth slows down further to 4.4% in Dec quarter

    The Indian economy's growth rate was 6.3 percent in July-September

  • Govt to release second advance GDP estimate for 2022-23 today February 28, 2023 10:26 AM IST

    Govt to release second advance GDP estimate for 2022-23 today

    The ministry will also release the revised estimate of economic growth for 2021-22 which was estimated at 8.7 per cent in May last year.

  • India's GDP in Q3: How strong is the economy? | What's driving the growth? | Explained February 28, 2023 07:36 AM IST

    India's GDP in Q3: How strong is the economy? | What's driving the growth? | Explained

    The NSO is set to announce the Q3 or October-December GDP estimate. According to a CNBC TV18 poll, the economy is expected to have grown by 4.7%. The RBI estimated the Q3 GDP growth at 4.4%. But considering that the growth in Q3 last year was 5.4% and growth a quarter ago was 6.3%, why are economists saying that if the GDP grew 4.7% YoY it’s actually a good showing? Latha Venkatesh explains

  • Kamath says digital economy can contribute 25% GDP by FY29 February 26, 2023 02:40 PM IST

    Kamath says digital economy can contribute 25% GDP by FY29

    The government and planners see the economy becoming the third largest in the world by FY29, overtaking Japan, with a GDP of USD 7 trillion from the present USD 3.3 trillion.