Search For "nominal gdp"
Higher dividend by RBI is likely to offset revenue loss due to GST rationa
Updated : 4 months, 1 week ago IST
The net revenue shortfall arising from the recent Goods and Services Tax (GST) rationalisation, estimated at around 0.1 per cent of GDP for the current fiscal, is expected to be offset by the higher dividend transfer from the Reserve Bank of India (RBI), noted a report by CareEdge Ratings.
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"Heartening to see this": FICCI president welcomes growth figures of GDP
Updated : 5 months, 1 week ago IST
Real GDP has been estimated to grow by 7.8 per cent in Q1 of FY 2025-26 over the growth rate of 6.5 per cent during Q1 of FY 2024-25. Nominal GDP has witnessed a growth rate of 8.8 per cent in Q1 of FY 2025-26.
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'Banking sector must grow 3-3.5 percentage points faster than nominal GDP
Updated : 6 months, 2 weeks ago IST
For India to meet its 'Viksit Bharat' targets, banking assets need to grow at 3.0-3.5 percentage points faster than its nominal GDP, according to a report by Boston Consulting Group (BCG) in association with FICCI and Indian Banks' Association.
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India's corporate revenue growth may slowdown in FY26 as nominal GDP growt
Updated : 8 months, 1 week ago IST
Corporate revenue growth in India may face a slowdown in the coming financial year due to weaker nominal GDP growth, according to a recent report by Jefferies.
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"All states must join forces to achieve goal of Viksit Bharat 2047": Andhr
Updated : 9 months, 3 weeks ago IST
As India surpassed Japan to become the fourth-largest economy in terms of nominal GDP, Andhra Pradesh Chief Minister Chandrababu Naidu on Sunday called for all states to unite and work together to achieve the goal of Viksit Bharat 2047.
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India's Nominal GDP growth expected at 9.8-10.3 pc in FY26: Bank of Baroda
Updated : 1 year, 1 month ago IST
After the Economic Survey projected India's real GDP growth for FY26 in the range of 6.3-6.8 per cent, a report by Bank of Baroda stated that with an assumed GDP deflator of 3.5 per cent, the country's nominal GDP growth could be around 9.8-10.3 per cent.
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India's per capita nominal GDP to increase by Rs 35k in FY25 despite slowe
Updated : 1 year, 2 months ago IST
Despite a slowdown in real GDP growth and stagnant nominal GDP growth, per capita nominal GDP is expected to rise significantly in FY25, according to a report by the State Bank of India (SBI).
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Manufacturing and services to employ 67% workforce, contribute 75% of GDP
Updated : 1 year, 3 months ago IST
India's nominal GDP is projected to grow from USD 3.5 trillion in 2023 to USD 22.8 trillion by 2047, with an annual growth rate of 7.5 per cent. The services sector is expected to dominate, increasing its contribution to GDP from 54.2 per cent in 2023 to 60 per cent by 2047.
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CareEdge enters in Global Scale Ratings, launches Sovereign Ratings for 39
Updated : 1 year, 5 months ago IST
India's general government debt is expected to gradually decrease to 78 per cent of GDP by FY30 and further to 73.5 per cent by FY35, driven by healthy nominal GDP growth. However, CareEdge noted that India's elevated government debt levels and weak debt affordability remain key credit co
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India's post-election budget nicely balances fiscal deficit, capital expen
Updated : 1 year, 7 months ago IST
"We believe that it (fiscal deficit) should be achievable as the government's assumption of 10.5 per cent nominal GDP growth in 2024-25 is modestly below our current forecast. We think the government should also be able to achieve its goal of reducing the deficit below 4.5 per cent of GDP in
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Credit growth in India expected to exceed nominal GDP this fiscal: SBI Cap
Updated : 1 year, 8 months ago IST
Credit growth in the Indian banking sector is expected to exceed nominal GDP growth in the current financial year 2024-25, growing at 13-15 per cent, according to SBI Capital Markets.
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BOB FY25 budget preview: Government focuses on fiscal consolidation and ru
Updated : 2 years, 1 month ago IST
According to Bank of Baroda economist Sonal Badhan, the fiscal deficit target for FY24 is expected to be achieved at 5.9 per cent, with potential risks from lower-than-anticipated nominal GDP growth and higher expenditure.
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