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Downgrading of GDP forecast to 5 pc for FY20 by RBI is unprecedented: Chid
Updated : 6 years, 5 months ago IST
New Delhi [India], Dec 5 (ANI): As the Reserve Bank of India (RBI) revised gross domestic product (GDP) growth projection for the current financial year 2019-20 to 5 per cent from its earlier forecast of 6.1 per cent, former Finance Minister and senior Congress leader P Chidambaram said that
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India's current account deficit narrows to 2 pc of GDP: RBI
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Oct 1 (ANI): India's current account deficit (CAD) narrowed to 14.3 billion dollars or two per cent of the gross domestic product (GDP) during April to June, data released by the Reserve Bank of India showed.
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Real GDP growth will range from 7.4 to 7.9 pct, says RBI
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Apr. 05 (ANI): The Reserve Bank of India (RBI) on Thursday estimated that the real Gross Domestic Product (GDP) growth for FY20 will range from 7.4 to 7.9 percent.
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Impact of demonetisation, GST fizzing out: FICCI
Updated : 8 years, 6 months ago IST
New Delhi [India], Nov 27 (ANI): The slowdown in the economy due to demonetisation and the adjustment impact of the Goods and Services Tax (GST) implementation seems to be bottoming out as the new indirect tax regime stabilises, the economy would see an improvement in its performance, accord
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