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"gross-domestic-product"

  • Union Budget undermines spirit of Constitution: Minister Sridhar Babu

    Industries Minister D Sridhar Babu criticised the Union Budget, calling it unconstitutional and against the principle of cooperative federalism. He expressed disappointment that Telangana, which contributes over 5 percent to India’s GDP, was not mentioned in the Budget speech.
  • CII expects India’s GDP at 8%; says Inflation to remain closer to RBI’s 4% target this year

    Sanjiv Puri, President of CII, shared his optimism about India's economic trajectory, highlighting that the previous year had surpassed all expectations.
  • With gloomy economic outlook, Moody’s lowers India’s growth forecast

    Chennai: With gloomy global economic outlook, Moody’s Investors Service turned moody on Friday and cut 2022 gross domestic product (GDP) projections for India to 7 per cent and projected 2023 at 4.8 per cent. The global credit rating agency has also lowered the economic growth expectations of several other countries — advanced and emerging economies. […]
  • India suffered income loss of 5.4 per cent of GDP due to heatwave: Report

    New Delhi: India suffered an income loss of 5.4 per cent of Gross Domestic Product (GDP), the highest among the G20 nations in 2021, according to the new report of Climate Transparency. The ‘Climate Transparency Report 2022’ was developed with experts from 16 partner organisations from the majority of the G20 (Group of 20) countries […]
  • FTCCI, Amazon to train MSMEs to adopt e-commerce

    Hyderabad: Industry body FTCCI and Amazon have signed a Memorandum of Understanding to enable e-commerce adoption by its MSME members in Telangana State. “E-commerce played a major role in streamlining business processes right from receiving a product order, to managing deliveries, keeping track of stock and analyzing consumer feedback and data,” said Industries Principal Secretary […]
  • Why Indian MSMEs need to move to Cloud faster

    New Delhi: The pandemic has accelerated the pace of digital transformation at such a level that more and more Indian micro, small and medium enterprises (MSMEs) are seeking to move to the Cloud, and the country has to find newer ways to help them do it faster, Kulmeet Bawa, President and Managing Director, SAP Indian […]
  • PM Modi’s rule resulted in lowest GDP, highest unemployment: Puvvada

    Khammam: The Modi government’s seven year rule at the Centre resulted in lowest Gross Domestic Product (GDP) and highest unemployment in the country, stated Transport Minister Puvvada Ajay Kumar. Telangana’s Gross State Domestic Product (GSDP) witnessed a record growth of Rs. 11,54,860 crore and Telangana has the lowest unemployment rate in the country. This reveals […]
  • Telangana GSDP up 4.97pc

    Hyderabad: Finance Minister T Harish Rao said Telangana’s Gross State Domestic Product (GSDP) share in Gross Domestic Product (GDP) increased from 4.06 per cent in 2014-15 to 4.97 per cent in 2020-21 financial year at current prices. “The State’s growth rate is higher than the national average. Telangana has the highest growth rate in the […]
  • India loses 5-7% of GDP due to corrosion: International Zinc Association       

    The association also stressed upon the need for immediate and appropriate measures by authorities to control further damage.        
  • India to breach fiscal deficit target in FY22: Fitch Solutions

    The government is targeting a deficit between revenue it earns and what it spends at 6.8 per cent of the gross domestic product (GDP) in FY22 (April 2021 to March 2022).
  • US economic growth in Q4 revised up to 4.3%

    The US economy contracted 3.5 per cent in 2020 amid the Covid-19 pandemic, the largest annual decline of gross domestic product (GDP) since 1946, according to the department.
  • Greek economy contracts by 8.2% in 2020: Report

    In Q4 of last year, the Greek GDP decreased 7.9 per cent year-on-year, but increased by 2.7 per cent from the previous quarter
  • China sets over 6 pc GDP target in 2021 as economy in rebound mode

    Premier Li also set a target for urban unemployment rate of around 5.5 per cent, with a goal of more than 11 million new urban jobs, up from nine million last year.
  • Union Budget: Doubling farmers’ income a mirage

    Budget 2021-22 does not inspire confidence to even increase farmers’ income, so doubling it is far fetched
  • ‘India accounts for 11 per cent of global death in road accidents’

    The country accounts for about 4.5 lakh road crashes per annum, in which 1.5 lakh people die.
  • UK economy shrinks 9.9%, biggest annual decline on record

    The economy expanded 1 per cent in the fourth quarter, a second consecutive quarter of growth.
  • Overly optimistic

    While it is desirable to be optimistic about growth, the Survey must have openly acknowledged the problem areas
  • Sinking land will affect 635 million people globally: Report

    By 2024, 19 percent of the world's population - accounting for 21 per cent of the global GDP -- will be impacted by subsidence, the sinking of the ground's surface, said the study published in the journal Science.
  • S&P betters India growth forecast to (-) 7.7 this fiscal

    The US-based rating agency said its revision in growth forecast reflects a faster-than-expected recovery in the quarter through September. For the next fiscal, it projected India's growth to rebound to 10 per cent.
  • Indian economy witnessing recovery: Finance Ministry

    The decline in the GDP narrowed to 7.5 per cent in the second quarter of this financial year, over 23.9 per cent in April-June quarter
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