Search For "gross domestic product"
Logistics cost will be cut to 8-9 per cent of GDP by 2030: DPIIT Secretary
Updated : 3 years, 6 months ago IST
New Delhi [India], September 19 (ANI): The government is aiming to trim India's elevated logistics costs by as much as five percentage points by 2030 from the current 13-14 per cent of gross domestic product (GDP) to 8-9 per cent of the GDP, according to Department for Promotion of Industry
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India's first quarter GDP grows 13.5 pc; Here's what analysts have to say
Updated : 3 years, 6 months ago IST
New Delhi [India], September 1 (ANI): Powered by a favourable base effect, India's gross domestic product (GDP) grew 13.5 per cent in the first quarter of the current financial year (April-June) as compared to 4.1 per cent in the previous quarter, according to the official data released on W
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India's GDP grows at 13.5 per cent in Q1, fastest in a year
Updated : 3 years, 6 months ago IST
New Delhi [India], August 31 (ANI): India's gross domestic product (GDP) growth surged to 13.5 per cent in the first quarter of the current financial year as compared to 4.1 per cent in the previous quarter, according to the official data released on Wednesday.
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India's GDP to grow at 7.4 pc in this fiscal: Sitharaman
Updated : 3 years, 6 months ago IST
New Delhi [India], August 26 (ANI): Highlighting the recovery of the economy and flow of investment post-COVID pandemic, Union Finance Minister Nirmala Sitharaman on Friday said that India's Gross Domestic Product (GDP) is expected to grow at 7.4 per cent in the financial year 2022-23 and
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Oxford Economics highlights Reckitt's support for Indian Economy and Commu
Updated : 3 years, 7 months ago IST
New Delhi [India], August 9 (ANI/BusinessWire India): Oxford Economics today published its independent analysis of the significant economic impact of Reckitt Benckiser Group plc ("Reckitt") in India, one of Reckitt's top three markets.
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India's 2022-23 fiscal deficit may come at 6.5 pc, says SBI Research
Updated : 3 years, 7 months ago IST
New Delhi [India], August 5 (ANI): India's fiscal deficit, the difference between revenue and expenditure, is expected to be around 6.5 per cent of gross domestic product, against the Budget estimate of 6.4 per cent, SBI Research said in its weekly report.
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India's FDI to GDP ratio during 2021-22 stood at 2.7 pc
Updated : 3 years, 7 months ago IST
New Delhi [India], August 3 (ANI): India's foreign direct investment to gross domestic product (FDI to GDP) ratio for the financial year 2021-22 stood at 2.7 per cent, government data showed on Wednesday.
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Share of goods and services export in India's GDP rises to 21.4 pc from 18
Updated : 3 years, 7 months ago IST
New Delhi [India], July 29 (ANI): The share of export of goods and services in India's gross domestic product (GDP) rose to 21.4 per cent in the financial year 2021-22 from 18.7 per cent recorded in the previous year, the government data showed.
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US economy shrinks for second straight quarter, furthers recession fears
Updated : 3 years, 7 months ago IST
Washington [US], July 28 (ANI): Real gross domestic product (GDP) in the US decreased at an annual rate of 0.9 per cent in the second quarter of 2022 (April-June), marking the second consecutive quarter of degrowth which qualifies for a technical recession.
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No surprise that US economy is slowing down: Biden
Updated : 3 years, 7 months ago IST
Washington [US], July 28 (ANI): US President Joe Biden on Thursday said it is "no surprise" that the world's largest economy is slowing down amid rising inflation in the country.
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US GDP falls for second-straight quarter, signs of a possible recession
Updated : 3 years, 7 months ago IST
Washington [US], July 28 (ANI): US Gross Domestic Product contracted by 0.9 per cent in the second quarter of this year after a first-quarter drop of 1.6 per cent, the US Commerce Department said Thursday in a preliminary estimate that technically placed the economy in a possible recession.
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Asian Development Bank cuts India's GDP growth projection for 2022-23
Updated : 3 years, 8 months ago IST
New Delhi [India], July 22 (ANI): The Asian Development Bank has reduced India's Gross Domestic Product estimate for the current financial year 2022-23 to 7.2 per cent from its earlier projection of 7.5 per cent, citing higher-than-expected inflation will erode consumers' purchasing power.
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