Search For "gross domestic product"
FICCI Survey: India's GDP growth forecast for 2022-23 downgraded
Updated : 3 years, 8 months ago IST
New Delhi [India], July 21 (ANI): Industry body FICCI has downgraded India's annual Gross Domestic Product (GDP) growth forecast for the financial year 2022-23 at 7.0 per cent --- with a minimum and maximum growth estimate of 6.5 per cent and 7.3 per cent, respectively.
Read More
India's current account deficit to widen in FY23, says brokerage Edelweiss
Updated : 3 years, 9 months ago IST
New Delhi [India], June 24 (ANI): India's current account deficit (CAD) is expected to widen and be in the range of 2.6 per cent to 2.8 per cent of gross domestic product (GDP) in the current financial year FY23, said brokerage and financial services firm Edelweiss Broking.
Read More
Corporate profit to GDP ratio at decade high in 2022: Motilal Oswal
Updated : 3 years, 9 months ago IST
New Delhi [India], June 23 (ANI): The corporate profit to Gross Domestic Product (GDP) ratio rebounded to a decade high of 4.3 per cent and 4.5 per cent for the Nifty-500 universe and listed India companies, respectively, brokerage house Motilal Oswal Financial Services said in a report.
Read More
China's extreme COVID testing norms to hit country's GDP: Reports
Updated : 3 years, 9 months ago IST
Beijing [China], June 12 (ANI): China's extreme COVID-19 testing policies are projected to give a blow to the country's Gross Domestic Product (GDP) by about 1.5 per cent, said media reports.
Read More
Fitch lowers India's GDP growth forecast for 2022-23 to 7.8 per cent
Updated : 3 years, 9 months ago IST
New Delhi [India], June 10 (ANI): Fitch Ratings on Friday lowered India's gross domestic product (GDP) growth forecast for the financial year 2022-23 to 7.8 per cent from its earlier projection of 8.5 per cent announced in March, citing inflationary impacts of the global commodity price shoc
Read More
SBI raises India's GDP growth forecast for FY23 by 20 basis points to 7.5
Updated : 3 years, 9 months ago IST
New Delhi [India], June 2 (ANI): State Bank of India (SBI) in a research report released on Thursday revised India's gross domestic product (GDP) growth forecast for the financial year 2022-23 to 7.5 per cent, which is 0.20 per cent higher from its earlier projection.
Read More
India's GDP grows at 4.1 per cent in Q4; FY22 growth at 8.7 per cent
Updated : 3 years, 9 months ago IST
New Delhi [India], May 31 (ANI): India's gross domestic product (GDP) growth slowed to 4.1 per cent in January-March 2022 period, while for the full year 2021-22 the growth stood at 8.7 per cent, according to the government data released on Tuesday.
Read More
India's fiscal deficit at 6.71 per cent in 2021-22, lower than budget esti
Updated : 3 years, 9 months ago IST
New Delhi [India], May 31 (ANI): India's fiscal deficit for the year ended March 2022 stood at Rs 15,86,537 crore, or 6.71 per cent of the country's gross domestic product (GDP), lower than 6.9 per cent projected by the Finance Ministry in the revised budget estimate, the government data sho
Read More
India's GDP growth likely to be 8.2-8.5 per cent in FY22: SBI report
Updated : 3 years, 10 months ago IST
New Delhi [India], May 26 (ANI): India's Gross Domestic Product (GDP) growth is expected to be in the range of 8.2 to 8.5 per cent in the FY22, according to State Bank of India's research report Ecowrap.
Read More
Morgan Stanley lowers India's growth forecast to 7.6 per cent
Updated : 3 years, 10 months ago IST
New Delhi [India], May 11 (ANI): Global brokerage firm Morgan Stanley has lowered India's gross domestic product (GDP) growth forecast for the current financial year to 7.6 per cent citing high inflation and global slowdown.
Read More
US trade deficit jumps to record high amid Russia-Ukraine war
Updated : 3 years, 10 months ago IST
Washington [US], April 28 (ANI): US Gross Domestic Product contracted by 1.4% in the first quarter of this year, the Commerce Department said Thursday in a preliminary estimate for the period which compared with a growth of 6.9% in the fourth quarter of 2021.
Read More
Pakistan's budget deficit under Imran Khan-led PTI shot up to Rs 2.56 tril
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 27 (ANI): Pakistan's budget deficit skyrocketed to Rs 2.56 trillion, 4 per cent of the country's Gross Domestic Product (GDP), during the nine months of the current fiscal under the Former Prime Minister Imran Khan-led Pakistan Tehreek-e-Insaf (PTI) government.
Read More