Gva

Growth in private consumption in the Q1FY25 GDP numbers took all by surprise. But granular data from segments such as auto, cement and some discretionary consumer goods could pose as risks to sustained demand expansion

What GVA data tell us about the structural change in the Indian economy

The share of manufacturing in total GVA was higher in the June 2011, June 2014 and June 2019 quarters than in the June 2024 quarter 

Slowdown in Q1 GDP due to elections, fall in govt capex: CEA Nageswaran

The GDP growth fell to a five quarter low of 6.7 percent in the first quarter of FY25 compared with 7.8 percent in the previous quarter.

Exclusive: Modi Govt sets eight goals to improve statistics, data accuracy over next 5 years after elections

A base year change for inflation and IIP data, improving administrative data from ministries, overhaul of National Statistical Commission on cards.

Manufacturing to outpace services sector growth; services to contribute 42% in India's GVA by 2030, says report

PLI schemes for 14 different sectors, worth $25 billion, is likely to lead to production worth over $370 billion in the next five years, said the report

The Macro Puzzle: What explains the big divergence between GDP and GVA

Most likely the government might have not spent heavily on subsidies while tax flows, especially GST, has been highly robust. Interestingly, the second highest difference between GDP and GVA is in 2018-19, which coincides with the period during the previous Lok Sabha election. However, one has to be careful before jumping to any conclusions as the GDP data is revised significantly in multiple stages

Breaking Down Govt's Last Economic Report Card: Surging GDP Growth & Election Implications

Moneycontrol deep dives into the GDP numbers for Q3 of FY 24 -the fine print behind 8.4% growth. Making sense of data perplexities. The wide gap between GDP and GVA. Can the growth momentum continue? Will Q4 growth be slower? The big economic message from the GDP numbers.

Live: India's Q3 GDP surprises at 8.4%, beating estimates | Why the gap between GDP & GVA?

India's gross domestic product (GDP) grew 8.4% in the December quarter, according to data from the Ministry of Statistics and Programme Implementation. In conversation with Moneycontrol's Santosh Nair, Morgan Stanley’s Chief India Economist, Upasana Chachra decodes what these numbers mean for India and discusses growth estimates and risks.

Economists focus on Q3 GVA growth to keep out noise in GDP from volatile taxes, subsidies

Even as India's GDP soared by 8.4 percent in October-December, the 6.5 percent increase in Gross Value Added was in line with expectations

Why did economists miss the January-March GDP growth upswing?

Economists’ consensus forecast for January-March GDP growth was off by one percentage point. Moneycontrol tries to understand why this may have happened.

What the Q3 corporate results tell us about GDP growth

Real GVA growth for the December 2022 quarter for the services sector may disappoint while that for manufacturing may be slightly better than the September quarter performance

In five graphs: Are we cheering December PMI numbers too soon?

Nomura’s economists write that PMI numbers have been poor indicators of economic growth

GDP noses ahead of pre-COVID-19 levels, but don’t pop the champagne yet

To assess how far the economy has recovered from the piling rubble of COVID-19’s devastation, it will be more prudent to compare the current year’s metrics with that of 2019-20, the immediate pre-COVID-19 year.

Q4 GDP | Some numbers look pretty, but a rebound from the second wave could be several months away

India GDP: India’s ability to bounce back from the impact of the second Covid-19 wave will depend mainly on one factor: the pace of vaccination.

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.

Macro Matters | No green shoots, only slowdown blues in GDP numbers

Private sector gross value added was the lowest in the new GDP series

What corporate profits and other indicators say about Q3 GDP growth

Numbers will show a continuing slowdown

Macro Matters |The government’s share in the economy is now the highest in sixty years

India's government spending as percentage of GDP well above those of most East Asian peers, except China

Macro Matters | How government spending has propped up economic growth since demonetisation

Growth in the private sector has been lower, sometimes much lower, than what the headline numbers indicate

Chart of the Day | SBI leading indicator points to sharp slowdown

SBI’s composite leading indicator now at much lower level than in March 2014 quarter

Fresh Row: What is India’s GDP and how is it calculated?

An NSSO survey has found many companies as untraceable, triggering a debate whether India has been overestimating its GDP levels and growth

Opinion | GDP data shows pain points in farms; economy in slowdown mode

High inflation hurts people’s buying power, while low levels can indicate poor demand and weak economic activity. Currently, it is the latter that seems to be playing out in the rural economy.

Centre revises FY18 GDP growth rate to 7.2% from 6.7%

It has also revised its FY18 nominal GDP growth to 11.3 percent, up from 10.0 percent earlier.

SBI expects Q1 GDP growth at 7.7 percent

The report says major indicators driving the GVA in Q1 FY19 are cement production, passenger traffic, sale of both commercial vehicle and passenger vehicles, non-food credit growth and aircraft movement.

Public capex building key source of support for economy: DBS

India's GDP grew at the fastest pace in seven quarters at 7.7 per cent in January-March, retaining the fastest growing major economy tag on robust performance by manufacturing and service sectors as well as good farm output.