Search For "gva"
India's third-quarter GDP for FY26 likely at 8.3% despite adverse base eff
Updated : 2 months, 2 weeks ago IST
The country's Gross Domestic Product (GDP) growth for the third quarter of the current financial year (Q3 FY26) is likely to remain elevated at 8.3 per cent despite an adverse base effect, according to a report by Union Bank of India.
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India's GDP growth to moderate to 7.2% in Q3FY26: ICRA
Updated : 2 months, 2 weeks ago IST
ICRA estimates the YoY growth in the services gross value added (GVA) to moderate to 7.8% in Q3 2025-26 from 9.2% in Q2 2025-26, dampened by lower expansion in Government spending and services exports. After the frontloading seen in H1 2025-26 (+40.0% YoY), the Government of India's (GoI's)
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MSME sector displayed remarkable resilience in recent years, says SBI grou
Updated : 2 months, 2 weeks ago IST
Speaking at the India SME Finance and Summit, Soumya Kanti Ghosh said this growth highlights the sector's increasing significance, with its share rising to 27.3 per cent in 2021, reflecting remarkable resilience in the domestic economy.
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Economic Survey flags services as backbone of growth, urges skills and inn
Updated : 4 months ago IST
India's services sector continues to be the main driver of economic growth, contributing over half of the country's Gross Value Added (GVA) and playing a critical role in employment generation, exports, and investment, noted the Economic Survey laid in Parliament by Finance Minister Nirma
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India's power transmission network crosses 5 Lakh Circuit Km, 71.6 pc gro
Updated : 4 months, 1 week ago IST
India's national power transmission network has achieved a major milestone by surpassing 5 lakh circuit kilometres (ckm) of transmission lines at 220 kV and above, along with 1,407 GVA of transformation capacity, reinforcing the country's position as home to the world's largest synchronous n
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ICRA highlights shifting growth drivers as industry outpaces services firs
Updated : 6 months, 2 weeks ago IST
India's growth drivers are set to shift in Q2 FY2026, with industry expected to outpace services for the first time in four quarters, even as overall GDP expansion moderates, according to credit rating agency ICRA.
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Agriculture-GVA growth to moderate to 4.5% in Q1 FY26: ICRA
Updated : 9 months, 3 weeks ago IST
The estimates are down from 5.4 per cent in the previous quarter. An increase or decrease in Agri-GVA impacts rural incomes, consumption, and overall economic growth, the report said.
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India's GDP likely grew by 7% in Q4FY25; current fiscal year GDP to settle
Updated : 1 year ago IST
As per a report by ICICI Bank, this marked a stronger growth momentum in the second half of the financial year compared to the first half, powered by a rise in government spending and a pick-up in rural demand, domestic travel and services exports.
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India's Q4 FY25 GDP growth likely to accelerate to 7.0%: UBI report
Updated : 1 year ago IST
The growth rate of the Indian economy in the fourth quarter of the financial year 2025 will clock 7.0 per cent, with an uptick from the third quarter (Q3 FY25) of 6.2 per cent, according to a report by Union Bank of India (UBI).
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Manufacturing and services sectors set to boost GVA output as profitabilit
Updated : 1 year, 3 months ago IST
"Taking into consideration the improved profitability, we expect GVA output for both manufacturing and services to pick-up in Q3," ICICI Bank Global Markets report added.
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India's GDP growth likely to improve to 6.2 pc in Q3FY25 from 5.4 pc in Q2
Updated : 1 year, 3 months ago IST
India's economic growth is expected to pick up momentum in the third quarter of the financial year 2024-25 (Q3FY25), with GDP growth estimated at 6.2 per cent, up from 5.4 per cent in the second quarter (Q2FY25), according to a report by Union Bank of India.
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India's manufacturing sector's contribution to GVA will surge to 21 pc by
Updated : 1 year, 5 months ago IST
The manufacturing sector in the country is poised for significant growth, with its contribution to the Gross Value Added (GVA) expected to rise from the current 14 per cent (USD 459 billion) to 21 per cent (USD 1,557 billion) by 2032.
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