GDP growth

NSO Data on India’s GDP Rate in Q1

Recently, the National Statistical Office (NSO), Ministry of Statistics and Program Implementation released the estimates of Gross Domestic Product (GDP) at constant (2022-23) and current prices for the first quarter (April-June) of 2022-23. Key Findings In the first quarter (April-June) ..

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What are current trends in India’s GDP growth forecast?

Recently, India’s GDP Growth Forecast for current financial year was lowered to 7.2 percent by Morgan Stanley. It marked a reduction by 40 basis points, as compared to last forecast. Growth forecast was lowered in light of a slowdown in ..

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Economic Survey of Delhi 2021-22

According to the Economic Survey of Delhi 2021-22, the nation’s capital is one of the country’s most prosperous states. It has ranked third as per the per capita income behind the states of Goa and Sikkim. Overview: This survey was ..

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S&P Cuts India’s Growth Forecast to 9.5%

Global rating agency, S&P, has cut India’s growth forecast for fiscal year 2021-2022 to 9.5 per cent. Earlier, it was kept at 11 per cent. Highlights Rating agency has warned of risk to the growth rate from upcoming waves of ..

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SBI revises FY22 GDP projection to 7.9%

Economic research department of State Bank of India has published “Ecowrap 2021” report and revised real GDP projection for Financial Year 2022 to 7.9 percent from 10.4 percent earlier. Report highlights disproportionately larger impact of second wave of Covid-19 pandemic ..

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Fiscal Deficit Estimated to be 9.5% of GDP for FY 2020-21

Finance Minister Nirmala Sitharaman highlighted, while presenting the union budget for 2021-2022, that the fiscal deficit in the next financial year is estimated as 6.8 percent of the gross domestic product (GDP). Highlights The finance minister highlighted that the fiscal ..

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RBI Monetary Policy Committee Meeting: Key Highlights

The RBI recently held its Monetary Policy Committee meet. During the meet, the Reserve Bank of India has kept the repo rate unchanged at 4%. Repo rate is the rate at which RBI lends to banks. The Reverse Repo Rate ..

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IMF: World Economic Outlook

On June 24, 2020, the International Monetary Fund projected a sharp decline in the growth of Indian Economy. According to the IMF, the Indian economy is to contract by 4.5%. Highlights According to IMF, though India’s growth is to decline, ..

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