According to their report, the GDP growth is likely to be at 6.8 per cent, based on an unchanged base, but could potentially hit 7 per cent due to expected downward revisions in the estimates for Q3 FY23.
Mumbai (Maharashtra) [India], September 6 (ANI): Motilal Oswal Financial Services on Monday projected a real gross value added (GVA) growth of 7 to 8 per cent year-on-year in the second quarter of current fiscal year versus 20.1 per cent growth in 1Q FY22.
New Delhi [India], August 31 (ANI): GDP data for the first quarter 2021-22 reaffirms the government prediction of an imminent V-shaped recovery, said Chief Economic Advisor (CEA), Krishnamurthy Subramanian, on Tuesday.
New Delhi [India], Aug 31 (ANI): India's GDP grew by 20.1 per cent in the April to June quarter (Q1 FY22) as compared to contraction of 24.4 per cent in Q1 FY21, government data released on Tuesday showed.
New Delhi [India], August 19 (ANI): ICRA has forecast the year-on-year growth of the GDP and gross value added (GVA) at basic prices (at constant 2011-12 prices) at 20 per cent and 17 per cent respectively in Q1 FY2022, benefitting from healthy Central and state government capital spending,
New Delhi [India], June 10 (ANI): Rating agency ICRA on Thursday projected the year-on-year (YoY) growth of GDP and gross value added (GVA) at basic prices (at constant 2011-12 prices) at 8.5 per cent and 7.3 per cent respectively in FY2022.
Mumbai (Maharashtra) [India], January 7 (ANI): Motilal Oswal Financial Services said on Thursday its in-house economic activity index for India's real gross value added (EAI-GVA) grew for the third consecutive month but slower by 5.2 per cent year-on-year in November following 6 per cent gro
New Delhi [India], Oct 2 (ANI): The harvest of most crops is expected to be bountiful with above-average monsoon rainfall on a pan-India basis with growth of gross value added (GVA) at basic prices in agriculture, forestry and fishing to print at 3 per cent in the second quarter of curren
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
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.
Mumbai (Maharashtra) [India], Aug 28 (ANI): As the share of agriculture in India's gross value added is about 17 per cent, rural demand at best can extend support to consumption demand but cannot be a substitute for urban demand, India Ratings and Research (Ind-Ra) said on Friday.
Mumbai (Maharashtra) [India], Aug 17 (ANI): India's GDP is expected to contract by 16.5 per cent during the first quarter of current fiscal as the current Covid-19 pandemic is spreading at a much faster rate after the opening up of the economy, State Bank of India's research report Ecowrap s