Tag: Gdp

GDP growth, relative to pre-Covid levels, to double to 8.0% in Q2 FY2023: ICRA

The momentum of economic activity widened in August 2022 amid some moderation in rainfall, easing of supply-side issues like semiconductor availability for the auto sector, and pre-festive accumulation of inventories, even as the slowdown in external demand continued to act as a dampener.

  • Thursday, 15 September 2022
Health Care
India: 3.16% of GDP went to healthcare, Rs4,470 per head in 2018-19

As per the report, the Current Health Expenditure (CHE) is Rs. 5,40,246 crores which is 90.58 per cent of THE and capital expenditures is Rs. 56,194 crores, which is 9.42 per cent of THE.

  • Monday, 12 September 2022
Current account deficit likely to grow, pushing up inflation, straining forex reserves

Experts though feel that it would be a tough task as current account deficit may further go up to more than 3 per cent of the GDP in the current financial year.

  • Saturday, 10 September 2022
T. V. Somanathan
Economy on course to achieve 7% growth in 2022-23: Finance Secretary

India's economy is on course to achieve 7 per cent growth in 2022-23, Finance Secretary T.V. Somanathan said on Wednesday.

  • Wednesday, 31 August 2022
India's real GDP growth for FY23 seen at 7.5%, says SBI Research

SBI Research said it expects central bank RBI to be supportive of growth and hike repo rates gradually, but mostly front load it in June and August policy review meetings.

  • Thursday, 02 June 2022
Global Headwinds: RBI Lowers FY23 GDP Growth Forecast To 7.2%

RBI Governor Shaktikanta Das said the real GDP growth is projected at 16.2 per cent in Q1FY23, at 6.2 per cent in Q2; at 4.1 per cent in Q3 and Q4 at 4 per cent, assuming that crude oil (Indian basket) price is at $100 per barrel during 2022-23.

  • Friday, 08 April 2022
India Ratings Revise Its FY23 GDP Growth Forecast Downwards To 7-7.2%

As per the agency, consumption demand as measured by private final consumption expenditure (PFCE) has been subdued in FY22, despite sales of select consumer durables showing some signs of revival during the festive season.

  • Wednesday, 30 March 2022
GDP To Grow 8-8.5 Pc In FY'23; Economy Well Placed To Meet Challenges: Survey

The survey expects private sector investment to pick as financial system is in good position to provide support necessary for speedy revival of the economy.

  • Monday, 31 January 2022
India's Current Account Slips Into Deficit In Q2, CAD Now At 1.3 Pc Of GDP
India's Current Account Slips Into Deficit In Q2, CAD Now At 1.3 Pc Of GDP

Private transfer receipts, which mainly represent remittances by Indians employed overseas, increased 3.7 per cent over the year-ago period to USD 21.1 billion.

  • Friday, 31 December 2021
Govt Health Expenditure Share In GDP Increases From 1.15% To 1.35%

The share of primary healthcare in current government health expenditure has increased from 51.1 per cent in 2013-14 to 54.7 per cent in 2017-18.

  • Monday, 29 November 2021
GDP Growth
Goldman Sachs sees India's GDP at 9.1%, CPI at 5.8% for 2022

Goldman Sachs on Tuesday said that India's GDP is expected to rise to 9.1 per cent in calendar year 2022, as compared to an estimated 8 per cent in 2021.

  • Tuesday, 23 November 2021
India's August industrial production rises by 11.9% YoY

Low base effect, along with a rise in demand, pushed India's industrial output higher by 11.9 per cent in August, on a year-on-year basis.

  • Tuesday, 12 October 2021
India On Course For 9% GDP Growth In FY22, 3rd Wave Still A Concern

Agriculture sector has been pandemic resilient. Its output is 8 per cent above pre-pandemic level. A below normal monsoon poses a risk to its growth in FY22.

  • Wednesday, 01 September 2021
GST will help GDP grow by 2%, say experts

Bhubaneswar:  The implementation of the proposed Goods and Services Tax (GST) bill will pave the way for creation of a unified market for goods and services, and promises to boost the country’s gross domestic product (GDP) growth rate by up to 2 per cent, said experts who attended a workshop on GST organised by the […]

  • Thursday, 22 July 2021
Rise in health spending pushing 100mn people to extreme poverty: WHO

Geneva: Health spending, which accounts for 10 per cent of global gross domestic product (GDP), is pushing 100 million people into extreme poverty each year, says a report by the World Health Organization (WHO). Health spending is made up of government expenditure, out-of-pocket payments (people paying for their own care) and sources such as voluntary […]

  • Friday, 09 July 2021