Search For "gross value added gva"
India's real GDP expected to contract by 5.2 pc in FY21: Motilal Oswal
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], September 1 (ANI): While the real gross domestic product (GDP) contracted by 23.9 per cent and gross value added (GVA) by 22.8 per cent in the first quarter of current financial year, the real GDP turnaround from contraction to growth in late calendar year 20
Read More
GDP shrinks by 23.9 pc in Q1, worst economic contraction in four decades
Updated : 5 years, 8 months ago IST
New Delhi [India], Aug 31 (ANI): The Indian economy contracted by 23.9 per cent in the April to June quarter (Q1 FY21), marking the first contraction in more than 40 years as COVID-19 pandemic compressed consumer demand and private investments, government data showed on Monday.
Read More
Covid-19 to hit investments in construction-related projects: KPMG
Updated : 6 years ago IST
New Delhi [India], May 8 (ANI): The COVID-19 pandemic is likely to reduce investment in India's construction-related projects in the range of 13 to 30 per cent which will have a significant impact on gross value added (GVA), according to an analysis by KPMG in India.
Read More
SBI research unit puts loss of Rs 12.1 lakh crore due to COVID-19 lockdown
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Apr 16 (ANI): With the COVID-19 lockdown being extended till May 3 and simultaneously government providing some relaxations from April 20, a report by State Bank of India's economic research department on Thursday estimated the overall loss for FY21 at Rs 12.
Read More
India's share in global commercial services exports up at 3.5 pc
Updated : 6 years, 3 months ago IST
New Delhi [India], Jan 31 (ANI): The services sector accounts for about 55 per cent of the economy and gross value added (GVA) growth, according to the Economic Survey 2019-20 tabled in Parliament on Friday by Finance Minister Nirmala Sitharaman.
Read More
Services sector witnesses 7.5 pc growth in 2018-19
Updated : 6 years, 10 months ago IST
New Delhi [India], July 4 (ANI): The services sector, which accounts for 54 per cent of India's gross value added (GVA), witnessed a growth rate moderated to 7.5 per cent in 2018-19 as compared to 8.1 per cent in 2017-18, says the Economic Survey 2018-19 report which Finance and Corporate Af
Read More
Core GVA growth was higher for all quarters for 2018-19: Economic Survey
Updated : 6 years, 10 months ago IST
New Delhi [India], July 4 (ANI): The core gross value added (GVA) was higher for all quarters of 2018-19 than overall GVA growth as agriculture and allied, public administration and defence experienced the largest decline in growth rates relative to other sectors, says the Economic Survey 20
Read More
Industrial Automation and Artificial Intelligence must to transform India
Updated : 7 years, 4 months ago IST
New Delhi [India], Jan 22 (ANI-BusinessWireIndia): Industry leaders gathered at India’s largest industrial automation event ‘Rockwell Automation on the Move’ 2019 (RAOTM) conference emphasized on the need for a major shift towards Industry 4.0 technologies if India aims
Read More
Economy on right track to accelerate: Bibek Debroy
Updated : 8 years, 2 months ago IST
New Delhi [India] Feb. 28 (ANI): The economy is on the right track to accelerate, said Dr Bibek Debroy, Chairman, Economic Advisory Council to the Prime Minister.
Read More
Govt confident of higher GVA for agri sector in 2017-18
Updated : 8 years, 4 months ago IST
New Delhi [India], Jan 7 (ANI): Following the release of the advance estimate of Gross Domestic Product (GDP) and Gross Value Added (GVA) for the country's economy in 2017-18, the Ministry of Agriculture and Farmers' Welfare (MoAFW) on Sunday said that the agriculture sector is expected to r
Read More
AI could add USD 957 bln to Indian economy, says Accenture report
Updated : 8 years, 5 months ago IST
New Delhi [India], Dec 21(ANI): Artificial Intelligence (AI) could add USD 957 billion to the Indian economy by changing the nature of work to create better outcomes for businesses and society, research data from an Accenture report showed.
Read More
GVA growth to record sequential recovery to 6.3 % in Q2 FY2018: ICRA
Updated : 8 years, 6 months ago IST
New Delhi [India], Nov 21 (ANI): Credit rating agency, ICRA, on Tuesday said that it expects the growth of the Indian gross value added (GVA) at basic prices in year-on-year (YoY) terms to record a sequential recovery to 6.3 percent in Q2 FY2018 from 5.6 percent in Q1 FY2018.
Read More