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"gdp"

  • World Cup: Hitman and King’s cover drives to boost India’s GDP

    In terms of impact on GDP, with an estimated additional output of Rs 18,000-22,000 crore attributed to the World Cup, the impact on gross value added is estimated to be around Rs 7,000-8,000 crore, said economists Jahnavi Prabhakar and Aditi Gupta
  • Stock market closes in red after trading in negative on weak global cues

    The World Bank, meanwhile, retained India's GDP growth forecast for the financial year 2023-24 at 6.3 per cent, noting that the country continued to show resilience against the backdrop of a challenging global environment.
  • World Bank maintains India’s 2023-24 GDP growth at 6.3 pc

    The World Bank in its April report had cut India's growth forecast for 2023-24 to 6.3 per cent from the earlier 6.6 per cent
  • Rajasthan govt schemes benefited every section of society, says CM Gehlot

    Addressing a programme in the Kathuwas village of Kotputli-Behror district, Gehlot also said the state has made unprecedented progress in all sectors.
  • Govt’s policy is to open new doors for girls: PM Modi

    Addressing a Rozgar Mela after distribution of appointment letters to over 51,000 new employees in different government departments through a virtual event, Modi also emphasised on growing use of technology in governance.
  • Saudi Arabia’s economy joins trillion-dollar club: Report

    According to the report carried by the official Saudi Press Agency, the Saudi economy achieved a growth rate of 8.7 per cent -- the highest among the G20 member states
  • India to become USD 5 trillion economy, third-largest by 2027: RBI DG Patra

    For a high saving rate economy, like the rest of Asia, he said, a modern, efficient, and soundly functioning financial sector is essential for mobilising the resource requirements of India's developmental aspirations.
  • Finance Ministry soothes concerns about RBI data showing decrease in household cash savings

    The savings figure for 2021-22 was also scaled down to 7.2 per cent of GDP from 7.6 per cent of GDP (and as much as 8.3 per cent of GDP, as per RBI's first estimates released in September 2022).
  • Sensex and Nifty extend bullish trend, close in green

    In a positive outlook for the Indian stock markets, Morgan Stanley recently stated its expectation of key indices rising by 10 per cent by the time of the next general elections in the summer of 2024, further fueling optimism among investors.
  • Rupee recovers 8 paise to settle at 82.62 against US dollar on forex inflows

    On the domestic equity market front, the BSE Sensex closed 555.75 points or 0.86 per cent higher at 65,387.16 points while the broader Nifty jumped by 181.50 points or 0.94 per cent to end at 19,435.30 points.
  • Revenue secretary predicts 11% YoY growth in August GST revenue

    "Roughly numbers are in the range of 11 per cent year on year growth as in earlier months," Sanjay Malhotra told reporters.
  • Rupee falls 7 paise to settle at 82.70 against US dollar

    According to Jateen Trivedi, VP Research Analyst at LKP Securities, the capital market experienced profit booking, particularly in the financial sector, which had an impact on the rupee's performance.
  • GDP grows at 7.8 pc in Apr-Jun, India remains fastest growing economy

    India remained the fastest-growing major economy as China posted a 6.3 per cent growth in April-June 2023
  • Adding 100 mn skilled Indians to workforce can increase GDP by 20 pc: Report

    Almost 50 per cent of India's young informal workforce and those outside it are willing to upskill to bridge Indias employability gap, according to the report by investment firm Omidyar Network India with research partner Redseer
  • Bihar per capita income lower than Jharkhand, UP, Odisha & MP: CAG

    The government entities have obtained loans amounting Rs 1,482.50 crore on behalf of the state government of Bihar as on March 31, 2022.
  • Telangana frontrunner on multiple economic indicators

    Telangana has emerged a frontrunner on multiple economic indicators among South Indian States during the financial year of 2022-23
  • FPIs invest Rs 43,838 crore in India in May

    V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said the FPIs were aggressive buyers in the market in May having invested Rs 43,838 crore through the stock market and primary market put together
  • Indian economy expected to grow 6.5-6.7 pc in 2023-24: CII president

    Confederation of Indian Industry President R Dinesh said the growth will be supported by strong domestic drivers and robust momentum in capital expenditure
  • German economy enters recession as first quarter GDP falls unexpectedly

    Data released Thursday by the Federal Statistical Office shows Germany's gross domestic product, or GDP, down by 0.3% in the period from January to March.
  • India’s GDP to grow at 6.2% in FY24, RBI to cut rate in Q1 2024: Morgan Stanley

    The report also said the inflation in India is likely to be below 5 per cent in the second quarter of calendar year 2024
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