Q2 GDP Numbers Show Strength Of Indian economy: PM Narendra Modi
India's economic performance in the first half of the fiscal year 2023-24 has positioned it as a positive standout on the global stage. The first quarter of FY24 witnessed an impressive 7.8% year-on-year growth in GDP, reflecting the country's economic strength.
Nov 30, 2023, 19:16 PM IST
Indian economy contracts 7.3%, Q4 GDP grows 1.6%
In the first quarter, the Indian economy contracted 24.4 percent due to COVID-19 forced lockdown, and that heavily affected the manufacturing of essential goods and provision of essential services. With ease in lockdown from June 8, the scenario remained bleak as several service sector industries were shut down.
May 31, 2021, 17:50 PM IST
GDP slumps to 4.5% in Q2 FY20; things will improve in second half of current fiscal, says FICCI
India's economic growth has slowed to 4.5 per cent in the July to September quarter from 7.1 per cent in the corresponding period of last year, said the government data on Friday (November 29). The slowdown in Q2 FY20 was largely due to a sharp dip in the manufacturing sector and agriculture output, said the Ministry of Statistics and Programme Implementation in a statement.
Nov 29, 2019, 22:19 PM IST
State of Indian economy 'deeply worrying': Ex-PM Manmohan Singh
Reacting to the ''freefall in the national economy,'', Singh's party Congress too launched a blistering attack on the Narendra Modi government at the Centre for failing to wrest the decline in the economy.
Nov 29, 2019, 18:58 PM IST
GDP plummets to 4.5% in Q2 FY20; here are some quick reactions
Chief Economic Advisor KV Subramanian on Gross Domestic Product (GDP) data said "We are saying again that the fundamentals of the Indian economy continue to be strong. GDP is expected to pick in Quarter 3."
Nov 29, 2019, 18:46 PM IST
India's July-September quarter GDP growth rate at 4.5%; lowest in 6 years
According to the data released by the government, India's GDP grew at a measly 4.5 per cent in the July-September quarter of this fiscal.
Nov 29, 2019, 17:50 PM IST
Sensex, Nifty end slightly lower ahead of GDP data
The benchmark indices ended marginally lower on Tuesday ahead of Gross Domestic Product (GDP) to be released on Wednesday.
Feb 27, 2018, 16:00 PM IST
Retail inflation hits 17-month high of 5.21%, IIP grows to grows 8.4%
The CPI-based retail inflation jumped to 5.21 percent in December on annual basis, as compared to 4.88 percent in the preceding month.
Jan 12, 2018, 18:02 PM IST
Sensex recovers 140 points on positive GDP data
All the sectoral indices led by realty, auto and healthcare were trading in the positive zone with gains up to 1.29 percent.
Dec 01, 2017, 09:53 AM IST
GDP data for Q1 of 2017 to be out today
The economy clocked a 6.1 per cent growth rate in the January–March period — its lowest pace of growth in the past nine quarters, mainly due to demonetisation.
Aug 31, 2017, 12:09 PM IST
Deceptively quick, India's economy seen staying course as global pacesetter
India is set to hang onto its status as the world`s fastest growing major economy thanks to stronger consumer demand, if data due out later on Wednesday matches economists expectations for a 7.1 percent year-on-year expansion in the March quarter.
May 31, 2017, 14:03 PM IST
India's Q2 GDP growth improves to 7.3% vs 7.1% in Q1
Showing signs of recovery, India's economic growth rate improved to 7.3 percent in July-September compared to 7.1 percent in April-June.
Nov 30, 2016, 17:35 PM IST
HSBC says GDP data concerns stay, India to grow slower at 7.4%
India's economy may grow at a slightly slower pace of 7.4 percent this fiscal amid weaker global demand and risk aversion, says an HSBC report, flagging "methodological concerns" in computation of official GDP data.
Jul 07, 2016, 15:09 PM IST
'GDP growth slowing; official data counter-intuitive'
Indian economy has been losing momentum since middle of financial year 2014-15, a new study says, citing corporate results and 'real economic indicators', while questioning the 'counter-intuitive' official GDP data.
May 08, 2016, 12:25 PM IST
India's GDP for December quarter grows at 7.3%
The government, however, expressed confidence and forecast the annual economic growth to accelerate to 7.6 percent in the fiscal year ending March 2016.
Feb 08, 2016, 18:00 PM IST
Sensex takes 330-point hit on global woes ahead of GDP data
Equities snapped a two-day rally as the market benchmark Sensex plunged by 330 points to 24,287.42 ahead of the release of GDP numbers for the third quarter as selling pressure intensified in the second half of the session on bearish European cues.
Feb 08, 2016, 17:20 PM IST
RBI policy, GDP data to set tone for market this week
RBI monetary policy review on Tuesday, outcome of September quarter GDP data and developments related to GST Bill in the ongoing Winter Session of Parliament would drive the market sentiment this week, say experts.
Nov 29, 2015, 11:02 AM IST
Post GDP data, India Inc presses for cheaper capital
With economic growth slowing to 7 percent in the April-June quarter, India Inc said on Monday the subdued performance indicates that the cost of capital needs to come down, demanding a rate cut by RBI.
Aug 31, 2015, 22:55 PM IST
Eight core sector growth slows to 3-month low of 1.1% in July
Growth of the eight core industries slowed to 1.1 percent in July as compared to the 3.1 percent in the same period a year ago, government showed Monday.
Aug 31, 2015, 17:24 PM IST
Sensex trips 109 points ahead of GDP data; Nifty down 31 points
In a highly volatile trade, market benchmark Sensex Monday dropped over 109 points and the Nifty slipped below the 8,000-mark due to selling by funds and retail investors ahead of the release of June quarter GDP data and weakness in domestic currency.
Aug 31, 2015, 16:42 PM IST
