The GDP growth target and China's other development goals were released in the Government Work Report. Chinese Premier Li Keqiang presented the Government Work Report during the first session of the 14th National People's Congress on Sunday, as per the Global Times report.
A SBI Research report said India's FY24 GDP growth is likely to be higher than the threshold 6 per cent. The report, titled Ecowrap, added though some reports indicated that there may not be a one-to-one correspondence between El Nino and Indian droughts, the recent fears seem misplaced.
In a virtual briefing on the GDP numbers, CEA said, "We maintain as we have mentioned in the economic survey, the growth forecasts are 6.5 per cent for 2023-24. If you look at where we are, in terms of the advanced estimates, manufacturing on the face of it appears to have slowed down in rea
After the end of China's zero-COVID policy in December 2022, there were hopes for economic recovery in China. Households' deteriorating confidence coupled with the unresolved difficulties in the housing sector, however, weighed on the country's growth rebound.
The GDP projections for Q1, Q2, Q3, and Q4 2023-24 are estimated at 7.8 per cent, 6.2 per cent, 6.0 per cent, and 5.8 per cent, respectively, with risks, evenly balanced.
The Union Budget has been prepared to aim to increase the GDP growth, bringing economic stability and supporting the weaker sections of the society, the Union Finance Secretary TV Somanathan said on Thursday.
Chhattisgarh Chief Minister Bhupesh Baghel has compared the GDP growth rate of the nation during the Congress-led UPA government and the current BJP-led NDA government after the Union Budget 2023 was presented on Wednesday.
Sitharaman noted that the world has recognised the Indian economy as a 'bright star' which is expected to grow in the current year at seven per cent - the highest among all the major economies.
During the press conference which took place after the Survey was presented in the House today, CEA Nageswaran said, "Recovery of economy is complete; non-banking and corporate sectors now have healthy balance sheets, hence, we don't have to speak of pandemic recovery anymore, we have to loo
Indian economy is expected to grow at 7 per cent (in real terms) during the financial year ending March 2023, according to the Economic Survey for 2022-23 released on Tuesday.
The Economic Survey document said the growth projection is broadly comparable to the estimates provided by multilateral agencies such as the World Bank, the IMF, the Asian Development Bank and the Reserve Bank of India.