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'Megaquake' Warning Hits Japan's Growth In Third Quarter
Japan's growth slowed in the third quarter after warnings of a major earthquake hit activity, official data showed, as Prime Minister Shigeru Ishiba seeks to jumpstart the world's fourth-largest economy.
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Factors That Point To Strong GDP Growth In Coming Quarters: 10 Points
India's real gross domestic product growth rate is at a strong 6.7 per cent despite a high base effect of the last few years, according to officials. Manufacturing grew 7 per cent as against 5 per cent last year; construction saw 8.6 per cent growth.
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GDP Grows 7.8% In March Quarter, Pushes India's Annual Growth Rate To 8.2%
India's economy grew 7.8 per cent in the March quarter, pushing up the annual growth rate to 8.2 per cent, according to official data released today.
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Strong Domestic Demand Supporting India's Growth: Morgan Stanley
Morgan Stanley is firm on India's growth outlook, given the support it is getting from domestic demand. Citing high-frequency data, the global investment banking firm said it remains constructive on the growth outlook.
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Opinion: GDP Growth-Rising Investment Can Sustain This Momentum
The NSO recently announced that GDP growth for FY24 would reach 7.6%, surpassing its previous forecast of 7.3%. Though consumption, which accounts for approximately 60% of GDP, presents a mixed picture.
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GDP Growth Beats Estimates In 3rd Quarter, Economy To Expand 7.6% This Year
India's economy expanded 8.4 per cent in the December quarter from a year earlier, compared with 7.6 per cent growth in the previous quarter, government data showed on Thursday.
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Russia's Economy Grows By 3.6% Due To Boost In Military Orders
Russia's economy grew 3.6 percent last year thanks to a boost in military spending because of the offensive in Ukraine although long-term economic challenges remain, official data showed on Wednesday.
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China's 2023 Economic Growth Weakest In 3 Decades
China's economy likely grew at its weakest annual rate for more than three decades in 2023, data is expected to show Wednesday, as it was battered by a crippling property crisis, sluggish consumption and global uncertainties.
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GDP Grew By 7.6% In Q2 Compared To 7.8% In Q1
India's economy grew 7.6 per cent in the September quarter of this fiscal and remained the fastest-growing large economy, mainly due to better performance by manufacturing, mining and services sectors, the government data showed on Thursday.
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IMF Hikes India's 2023 GDP Growth Forecast to 6.3%, Downgrades China
The International Monetary Fund on Tuesday revised India's 2023 growth forecast upwards to 6.3 per cent - in line with its unchanged outlook for 2024 - to reflect "stronger-than-expected consumption" in the April-June quarter.
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India's Economy Set To Grow At Its Fastest Pace In A Year: Report
India's economy grew at its fastest pace in a year in the April-June quarter, driven by services and manufacturing, data is expected to show on Thursday, though economists warn of a slowdown ahead.
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Q3 Economic Growth Stronger Than Data Suggests: Economists
The lower-than-expected growth was led by an upward adjustment in the base year GDP, Pranjul Bhandari, chief India economist at HSBC said, adding that the level of output compared to pre-pandemic quarters continued to improve.
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Data Revision Of Past 3 Years Behind Decline In Manufacturing In Q3: Chief Economic Advisor
The National Statistical Office (NSO) on Tuesday revised GDP growth data for the past three years -- 2019-20, 2020-21 and 2021-22 and also released the second advance estimates of GDP for 2022-23.
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7% Growth Forecast For Current Fiscal "Very Realistic": Chief Economic Advisor
Chief Economic Advisor V Anantha Nageswaran on Tuesday said high frequency data indicate buoyant economic growth momentum and the 7 per cent GDP growth estimate for the current fiscal is very realistic.
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GDP Growth Rate Slows For Second Quarter, Q3 Growth At 4.4%
India's GDP (gross domestic product) may grow 7 per cent for financial year 2022-23, according to the second advance estimates released by the government today. The Q3 growth rate stood at 4.4%, according to the data released.
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'Megaquake' Warning Hits Japan's Growth In Third Quarter
Japan's growth slowed in the third quarter after warnings of a major earthquake hit activity, official data showed, as Prime Minister Shigeru Ishiba seeks to jumpstart the world's fourth-largest economy.
-
Factors That Point To Strong GDP Growth In Coming Quarters: 10 Points
India's real gross domestic product growth rate is at a strong 6.7 per cent despite a high base effect of the last few years, according to officials. Manufacturing grew 7 per cent as against 5 per cent last year; construction saw 8.6 per cent growth.
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GDP Grows 7.8% In March Quarter, Pushes India's Annual Growth Rate To 8.2%
India's economy grew 7.8 per cent in the March quarter, pushing up the annual growth rate to 8.2 per cent, according to official data released today.
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Strong Domestic Demand Supporting India's Growth: Morgan Stanley
Morgan Stanley is firm on India's growth outlook, given the support it is getting from domestic demand. Citing high-frequency data, the global investment banking firm said it remains constructive on the growth outlook.
-
Opinion: GDP Growth-Rising Investment Can Sustain This Momentum
The NSO recently announced that GDP growth for FY24 would reach 7.6%, surpassing its previous forecast of 7.3%. Though consumption, which accounts for approximately 60% of GDP, presents a mixed picture.
-
GDP Growth Beats Estimates In 3rd Quarter, Economy To Expand 7.6% This Year
India's economy expanded 8.4 per cent in the December quarter from a year earlier, compared with 7.6 per cent growth in the previous quarter, government data showed on Thursday.
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Russia's Economy Grows By 3.6% Due To Boost In Military Orders
Russia's economy grew 3.6 percent last year thanks to a boost in military spending because of the offensive in Ukraine although long-term economic challenges remain, official data showed on Wednesday.
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China's 2023 Economic Growth Weakest In 3 Decades
China's economy likely grew at its weakest annual rate for more than three decades in 2023, data is expected to show Wednesday, as it was battered by a crippling property crisis, sluggish consumption and global uncertainties.
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GDP Grew By 7.6% In Q2 Compared To 7.8% In Q1
India's economy grew 7.6 per cent in the September quarter of this fiscal and remained the fastest-growing large economy, mainly due to better performance by manufacturing, mining and services sectors, the government data showed on Thursday.
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IMF Hikes India's 2023 GDP Growth Forecast to 6.3%, Downgrades China
The International Monetary Fund on Tuesday revised India's 2023 growth forecast upwards to 6.3 per cent - in line with its unchanged outlook for 2024 - to reflect "stronger-than-expected consumption" in the April-June quarter.
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India's Economy Set To Grow At Its Fastest Pace In A Year: Report
India's economy grew at its fastest pace in a year in the April-June quarter, driven by services and manufacturing, data is expected to show on Thursday, though economists warn of a slowdown ahead.
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Q3 Economic Growth Stronger Than Data Suggests: Economists
The lower-than-expected growth was led by an upward adjustment in the base year GDP, Pranjul Bhandari, chief India economist at HSBC said, adding that the level of output compared to pre-pandemic quarters continued to improve.
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Data Revision Of Past 3 Years Behind Decline In Manufacturing In Q3: Chief Economic Advisor
The National Statistical Office (NSO) on Tuesday revised GDP growth data for the past three years -- 2019-20, 2020-21 and 2021-22 and also released the second advance estimates of GDP for 2022-23.
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7% Growth Forecast For Current Fiscal "Very Realistic": Chief Economic Advisor
Chief Economic Advisor V Anantha Nageswaran on Tuesday said high frequency data indicate buoyant economic growth momentum and the 7 per cent GDP growth estimate for the current fiscal is very realistic.
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GDP Growth Rate Slows For Second Quarter, Q3 Growth At 4.4%
India's GDP (gross domestic product) may grow 7 per cent for financial year 2022-23, according to the second advance estimates released by the government today. The Q3 growth rate stood at 4.4%, according to the data released.
