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Tag: India Gdp

GDP Growth
Growth Curve: India's FY22 GDP Expected To Grow At 9.2%

India's economy is estimated to clock a growth of 9.2 per cent in terms of real GDP for FY22, official data showed on Friday. In 2020-21, India's economy had contracted by (-)7.3 per cent.

Higher Fiscal Spending, Consumption Recovery Lift India's Q2FY22 GDP Above 8%
Higher Fiscal Spending, Consumption Recovery Lift India's Q2FY22 GDP Above 8%

On year-on basis, there was a sharp increase in expenditure on public administration, defence and other services, which recorded a growth of 17.4 per cent from (-)9.2 per cent in the like quarter of the previous fiscal and 5.8 per cent in Q1FY22.

Gita Gopinath
IMF keeps India's 2021-22 GDP growth at 9.5%, retains top global spot

According to the International Monetary Fund (IMF) projections released on Tuesday, India will continue to be the world's fastest growing major economy, clocking a growth rate of 9.5 per cent this fiscal year and 8.5 per cent in the next.

India's Economy Recovered More Strongly Than It Got Impacted During Pandemic: PM Modi
India's Economy Recovered More Strongly Than It Got Impacted During Pandemic: PM Modi

Prime Minister Narendra Modi on Saturday said that India's economy recovered more strongly as compared to the impact it suffered due to the COVID-19 outbreak.

GDP
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.

India To Be Third Contributor To Global GDP By 2040: US Report
India To Be Third Contributor To Global GDP By 2040: US Report

New Delhi/Washington: While China will overtake the United States as the largest economy in the world by 2040, India will be a distant third contributor to the global GDP. This…

I Hope Next Quarter Will Take GDP In Plus Direction: Amit Shah
I Hope Next Quarter Will Take GDP In Plus Direction: Amit Shah

Gandhinagar: Union Home Minister Amit Shah on Monday said he hoped that the next quarter of the financial year will take the GDP in the plus direction. He was speaking at a virtual public dedication ceremony of two flyovers in Ahmedabad connecting Rajkot and Gandhinagar, built at a cost of around Rs 70 crore. “Due […]

India GDP Rate Down
India's Q4 FY20 GDP Down To 3.1%, 2019-20 Growth Shrinks To 4.2%

New Delhi: A massive contraction in manufacturing and construction activities pulled India’s GDP growth rate down to 3.1 per cent in the last quarter of 2019-20 from Q3’s 4.1 per cent and 5.7 per cent rise reported for the like period of the previous fiscal. Consequently, India’s FY20 GDP declined to 4.2 per cent from […]

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