Search For "gdp growth"
Repo Rate Unchanged at 6.5 per cent: How Real Estate Developers Reacted
Updated : 1 year, 9 months ago IST
Delhi-NCR [India], June 10: For the eighth consecutive time, the RBI has decided to keep the repo rate unchanged at 6.5%. This decision, combined with optimistic GDP growth projections, massive infrastructural development, an increased pace of project launches, and robust demand, is expected
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Upward GDP projection and no change in interest rates welcomed by industry
Updated : 1 year, 9 months ago IST
Industry leaders and economists widely accepted RBI's monetary policy stand of no change in interest rates. Besides upward projection of GDP growth for FY25 from 7 per cent to 7.2 per cent is welcomed by the Industry.
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RBI revises GDP growth for FY25 to 7.2 pc, inflation target remains at 4.5
Updated : 1 year, 9 months ago IST
The RBI has revised the GDP forecast for the current FY 24-25 to 7.2 per cent from 7 per cent earlier, and the CPI inflation is projected at 4.5 per cent.
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RBI enhances contingent reserve buffer to 6.5 pc amid positive economic ou
Updated : 1 year, 9 months ago IST
Governor Das addressed by referencing the provisional estimates released by the National Statistical Office (NSO), which placed India's real gross domestic product (GDP) growth at an impressive 8.2 per cent for the fiscal year 2023-24.
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Rate cut might be contemplated in the second half of FY25: Care Edge
Updated : 1 year, 9 months ago IST
The Ministry of Statistics and Programme Implementation (MOSPI) estimates GDP growth at 8.2 per cent, driven by robust investment demand. Gross Fixed Capital Formation (GFCF) has surged by 9 per cent in FY24, highlighting the investment boom.
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While India's GDP growth strong, private consumption remains muted: S&
Updated : 1 year, 9 months ago IST
S&P Global Market Intelligence asserts that weak private consumption in India remains the largest concern, with rural demand in particular still "straggling to catch up", at a time when the country's overall growth remains strong.
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"Manufacturing sector witnessed growth of 9.9 per cent in 2023-24", says F
Updated : 1 year, 9 months ago IST
In her post, Sitharaman highlighted, "It is worthwhile to note that the Manufacturing sector witnessed a significant growth of 9.9 per cent in 2023-24, highlighting the success of the Modi government's efforts for the sector. Many high-frequency indicators indicate that the Indian economy
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"This is just a trailer of things to come", says PM Modi on 8.2 pc GDP gro
Updated : 1 year, 9 months ago IST
In his post, PM Modi stated, "The Q4 GDP growth data for 2023-24 shows robust momentum in our economy which is poised to further accelerate. Thanks to the hardworking people of our country, 8.2% growth for the year 2023-24 exemplifies that India continues to be the fastest growing major econ
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India's GDP surpasses estimates, grows at 8.2 pc in FY24 and 7.8 pc in Q4
Updated : 1 year, 9 months ago IST
India's gross domestic product (GDP) surpassed all expectations and stood at 7.8 per cent in the January-March quarter. The full-year 2023-24 GDP has been revised upwards to 8.2 per cent from the second advance estimate of 7.6 per cent, according to data released on Friday by the Ministry
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RBI projects real GDP growth for 2024-25 at 7.0 per cent
Updated : 1 year, 9 months ago IST
Despite subdued global economic activity and multiple headwinds, the Indian economy expanded impressively, with real GDP growth accelerating to 7.6 per cent from 7.0 per cent in the previous year - the third successive year of 7 per cent or above growth, the RBI highlighted in its annual rep
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Puravankara Reports Rs 5,914 Crore Sales in FY24, Revenue up by 61 Per Cen
Updated : 1 year, 9 months ago IST
Bengaluru (Karnataka) [India], May 24: Puravankara Limited (BSE: 532891), one of India's most trusted real estate players, announced its financial results today for the fourth quarter (Q4FY24) ending March 31, 2024, and consolidated results for FY24.
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Singapore Holds 2024 GDP Growth Forecast at 1-3pc; Q1 Economy Expands by 2
Updated : 1 year, 9 months ago IST
Earlier, in the Reuters poll, several economists anticipated the growth to be around 2.5 per cent. But the final numbers have exceeded the projections. The economy grew 4.1 percent year-on-year in the third quarter of 2022.
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