Search For "gdp"
GDP growth estimated at 6.3 per cent for 2023-24: FICCI Economic Outlook S
Updated : 2 years, 5 months ago IST
The Indian economy is projected to grow by 6.3 per cent in FY24 with a minimum and maximum growth estimate of 6.0 per cent and 6.6 per cent respectively, according to the latest Economic Outlook Survey released by the Federation of Indian Chambers of Commerce and Industry (FICCI) on Monday.
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India's macroeconomy sound, fiscally disciplined: IMF
Updated : 2 years, 5 months ago IST
The overall macroeconomic environment in India is "pretty sound", it is fiscally disciplined and the central bank moved fast to bring inflation under control, said the International Monetary Fund (IMF).
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New NAREDCO president G Hari Babu seeks interest subvention on home loans
Updated : 2 years, 5 months ago IST
The newly-elected President expects the contribution of real estate to the overall GDP will be 20 per cent by 2047, as against an estimated 13 per cent at present.
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IMF Annual Meetings: MD Kristalina Georgieva sets out policy priorities fo
Updated : 2 years, 5 months ago IST
In a world marked by severe shocks, slow growth, and economic fragmentation, Georgieva unveiled her Global Policy Agenda, emphasizing that many nations and communities are grappling with the consequences of natural disasters and conflicts, such as the ongoing war in Ukraine and the Middle Ea
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IMF raises India's growth forecast second time citing strong consumption
Updated : 2 years, 5 months ago IST
According to the multilateral agency's latest World Economic Outlook report, released Tuesday, the growth is expected to grow by 6.3 per cent this fiscal year, 20 basis points (100 basis points is equal to 1 percentage point) higher than what it had estimated in its previous report.
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RBI Maintains Repo Rate, Ensuring Stable EMIs
Updated : 2 years, 5 months ago IST
New Delhi [India], October 9: As anticipated, Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), announced on Friday that the Monetary Policy Committee (MPC) has unanimously chosen to keep the repo rate steady at 6.50 per cent.
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Euro 52.7 goods trade surplus in Q2'23: EU
Updated : 2 years, 5 months ago IST
In the second quarter of 2023 (Q2'23), the European Union (EU) seasonally adjusted current account of the balance of payments recorded a surplus of Euro 73.0 billion (+1.7 per cent of GDP), compared with a surplus of EUR60.6 billion (+1.5 per cent of GDP) in Q1'23 and a deficit of Euro 32.6
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RSWM Ltd. CMD, Riju Jhunjhunwala, emphasises the need to upskill textile w
Updated : 2 years, 5 months ago IST
New Delhi [India], October 5: The textile industry is the cornerstone of the Indian economy, accounting for 12 per cent of the manufacturing sector GDP. It is also the second largest in terms of employment generation. About 45 million people are directly engaged in this sector, comprising mo
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Inclusion in JPMorgan bond index a signal of India's importance globally:
Updated : 2 years, 5 months ago IST
In a significant development that could pull foreign funds into India’s debt market, JPMorgan Chase & Co. recently announced it will add Indian government bonds to its benchmark emerging-market index starting June 28, 2024. The inclusion of the index follows the Indian government’s “subs
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World Bank sees 5.8 pc growth in South Asia in 2023 fiscal
Updated : 2 years, 5 months ago IST
South Asia is expected to grow by 5.8 per cent in the financial year 2023, but slower than its pre-pandemic pace and not fast enough to meet its development goals, said the World Bank in its twice-a-year regional outlook released on Tuesday. The growth forecast for 2023 is 20 basis points hi
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World Bank maintains India's 2023-24 GDP growth at 6.3 pc
Updated : 2 years, 5 months ago IST
The World Bank has retained India’s GDP growth forecast for the financial year 2023-24 at 6.3 per cent, but noted that the country continued to show resilience against the backdrop of a challenging global environment.
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India is keen to increase its manufacturing share in GDP from 17 pc to 25
Updated : 2 years, 5 months ago IST
Union Minister Hardeep Singh Puri on Friday said that India is keen to increase its share of manufacturing in the gross domestic product (GDP) from 17 per cent to 25 per cent.
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