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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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Industrial Production Rises Marginally To 3.2% In October From 3.1% In September
Index of Industrial Production (IIP Data), October 2021: Industrial production gauged by the industrial production index, slipped to 3.2 per cent in October, compared to 4,5 per cent in the year-ago period.
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Economy Rises 8.4% In July-September, Surpasses Pre-COVID Levels: Highlights
The economy rebounded in the July-September quarter of the financial year 2021-22, as the gross domestic product (GDP) grew by 8.4 per cent from a year earlier on stronger consumer spending. The data came in line with a recent poll conducted by news agency Reuters, where all 44 economists who took part in the survey, said that the GDP grew by 8.4 p...
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Industrial Production Slips To 3.1% In September From 11.9% In August: 10 Points
Industrial production stood at 3.1 per cent in September 2021, government data showed on Friday, November 12, as a result of waning low base effect due to the pandemic that affected economic activity last year. Industrial production rose to 11.9 per cent in August 2021 - for the second consecutive month.
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IMF Retains India's Growth At 9.5% For 2021, Cuts Global Rate To 5.9%
The International Monetary Fund (IMF) retained India's growth projection at 9.5 per cent for 2021, after it downgraded the growth rate by three percentage pointsfrom 12.5 per cent in July, following the severe second wave of COVID-19 pandemic in the country.
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Industrial Production Rises To 11.9% In August On Low Base Effect
Industrial production grew by 11.9 per cent in August 2021 from a year earlier, government data showed on Tuesday, October 12. registering a recovery as a result of the base effect due to the pandemic that affected economic activity last year. The industrial production grew above the 11 per cent mark for the second consecutive month in August.
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Industrial Production Rises To 11.5% In July On Low Base Effect: All You Need To Know
Industrial production grew by 11.5 per cent in July 2021 from a year earlier, government data showed on Friday, September 10, registering a recovery as a result of the base effect due to the COVID-19 lockdown that affected economic activity last year.
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Economy Rebounds In June Quarter; Yet To Reach Pre-Covid Levels: Highlights
The economy rebounded in the April-June quarter of the financial year 2021-22, as the gross domestic product (GDP) grew by a record 20.1 per cent driven by the low base of the year-ago period, and despite the deadly second wave of the COVID-19 pandemic in the country. The data came in line with a recent poll conducted by news agency Reuters, where ...
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Industrial Production Rises To 13.6% In June Due To Low Base Effect
Index of Industrial Production, June 2021:The manufacturing sector, which comprises 77.63 per cent of the index of industrial production, grew 13 per cent last month
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IMF Downgrades India's Growth Projection To 9.5% From 12.5% For 2021-22
The International Monetary Fund (IMF) lowered India's growth projection from 12.5 per cent to 9.5 per cent for fiscal 2021-22 - down by three percentage points, following the severe second wave of COVID-19 pandemic in the country. For the current fiscal year, India witnessed the largest drop in growth projections made by IMF, even as the global eco...
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Industrial Production Growth Estimated At 134.4% In April Due To Low Base Effect
Index of Industrial Production, April 2021: The indices for the mining, manufacturing, and electricity sectors for April 2021 stand at 108.0, 125.1, and 174.0, respectively.
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India One Of Few Economies To Witness Growth In 2 Consecutive Quarters: Report
According to Department of Economic Affairs, the higher economic growth during the fourth quarter may be linked to the unlocking phase and revival in business that was underway during the period.
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"Double Whammy" Of Low Growth, High Inflation: Congress On GDP Figures
Attacking the government over the state of the economy, the Congress on Friday said the people have been hit by the "double whammy" of low growth and high inflation for which the Modi government's "gross mismanagement" is responsible.
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Congress's P Chidambaram Slams Centre For "Incompetent Economic Mismanagement"
Congress leader P Chidambaram told the Rajya Sabha today that the government has failed to stimulate demand for growth in the country and the GDP will go back to the figures of three years ago because of "incompetent economic mismanagement".
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At 11.5%, India To Be Fastest Growing Economy In FY22, Says IMF
Revising its figures, the International Monetary Fund said that in 2020, the Indian economy is estimated to have contracted by eight per cent
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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.
-
Industrial Production Rises Marginally To 3.2% In October From 3.1% In September
Index of Industrial Production (IIP Data), October 2021: Industrial production gauged by the industrial production index, slipped to 3.2 per cent in October, compared to 4,5 per cent in the year-ago period.
-
Economy Rises 8.4% In July-September, Surpasses Pre-COVID Levels: Highlights
The economy rebounded in the July-September quarter of the financial year 2021-22, as the gross domestic product (GDP) grew by 8.4 per cent from a year earlier on stronger consumer spending. The data came in line with a recent poll conducted by news agency Reuters, where all 44 economists who took part in the survey, said that the GDP grew by 8.4 p...
-
Industrial Production Slips To 3.1% In September From 11.9% In August: 10 Points
Industrial production stood at 3.1 per cent in September 2021, government data showed on Friday, November 12, as a result of waning low base effect due to the pandemic that affected economic activity last year. Industrial production rose to 11.9 per cent in August 2021 - for the second consecutive month.
-
IMF Retains India's Growth At 9.5% For 2021, Cuts Global Rate To 5.9%
The International Monetary Fund (IMF) retained India's growth projection at 9.5 per cent for 2021, after it downgraded the growth rate by three percentage pointsfrom 12.5 per cent in July, following the severe second wave of COVID-19 pandemic in the country.
-
Industrial Production Rises To 11.9% In August On Low Base Effect
Industrial production grew by 11.9 per cent in August 2021 from a year earlier, government data showed on Tuesday, October 12. registering a recovery as a result of the base effect due to the pandemic that affected economic activity last year. The industrial production grew above the 11 per cent mark for the second consecutive month in August.
-
Industrial Production Rises To 11.5% In July On Low Base Effect: All You Need To Know
Industrial production grew by 11.5 per cent in July 2021 from a year earlier, government data showed on Friday, September 10, registering a recovery as a result of the base effect due to the COVID-19 lockdown that affected economic activity last year.
-
Economy Rebounds In June Quarter; Yet To Reach Pre-Covid Levels: Highlights
The economy rebounded in the April-June quarter of the financial year 2021-22, as the gross domestic product (GDP) grew by a record 20.1 per cent driven by the low base of the year-ago period, and despite the deadly second wave of the COVID-19 pandemic in the country. The data came in line with a recent poll conducted by news agency Reuters, where ...
-
Industrial Production Rises To 13.6% In June Due To Low Base Effect
Index of Industrial Production, June 2021:The manufacturing sector, which comprises 77.63 per cent of the index of industrial production, grew 13 per cent last month
-
IMF Downgrades India's Growth Projection To 9.5% From 12.5% For 2021-22
The International Monetary Fund (IMF) lowered India's growth projection from 12.5 per cent to 9.5 per cent for fiscal 2021-22 - down by three percentage points, following the severe second wave of COVID-19 pandemic in the country. For the current fiscal year, India witnessed the largest drop in growth projections made by IMF, even as the global eco...
-
Industrial Production Growth Estimated At 134.4% In April Due To Low Base Effect
Index of Industrial Production, April 2021: The indices for the mining, manufacturing, and electricity sectors for April 2021 stand at 108.0, 125.1, and 174.0, respectively.
-
India One Of Few Economies To Witness Growth In 2 Consecutive Quarters: Report
According to Department of Economic Affairs, the higher economic growth during the fourth quarter may be linked to the unlocking phase and revival in business that was underway during the period.
-
"Double Whammy" Of Low Growth, High Inflation: Congress On GDP Figures
Attacking the government over the state of the economy, the Congress on Friday said the people have been hit by the "double whammy" of low growth and high inflation for which the Modi government's "gross mismanagement" is responsible.
-
Congress's P Chidambaram Slams Centre For "Incompetent Economic Mismanagement"
Congress leader P Chidambaram told the Rajya Sabha today that the government has failed to stimulate demand for growth in the country and the GDP will go back to the figures of three years ago because of "incompetent economic mismanagement".
-
At 11.5%, India To Be Fastest Growing Economy In FY22, Says IMF
Revising its figures, the International Monetary Fund said that in 2020, the Indian economy is estimated to have contracted by eight per cent
