During his speech on Thursday, the governor said that RBI projected GDP growth in FY24's first quarter (Q1) at 7.8 per cent; the second quarter (Q2) at 6.2 per cent; the third quarter (Q3) at 6.1 per cent; and the fourth quarter (Q4) at 5.9 per cent.
The ministry of statistics and programme implementation has maintained that economic growth of the country slowed to 4.4 per cent in the October-December quarter 2022.
The ministry also released the revised estimate of economic growth for FY 2021-22 at 9.1 per cent.
In a virtual briefing on the GDP numbers, CEA said, "We maintain as we have mentioned in the economic survey, the growth forecasts are 6.5 per cent for 2023-24. If you look at where we are, in terms of the advanced estimates, manufacturing on the face of it appears to have slowed down in rea
Nominal GDP or GDP at current prices in the year 2022-23 is estimated at Rs 273.08 lakh crore, as against the provisional estimate of GDP for the year 2021-22 of Rs 236.65 lakh crore released on May 31, 2022.
Mumbai (Maharashtra) [India], April 8 (ANI): While maintaining an accommodative stance, the Reserve Bank of India (RBI) on Friday cut the real Gross Domestic Product (GDP) growth projection for the current Financial Year 2022-23 to 7.2 per cent, against the earlier projection of 7.8 per c
Singapore, Sep 9 (ANI): Fitch Solutions has forecast Nepal's real GDP growth to strengthen to 5 per cent in FY22 (mid-July 2021to mid-July 2022) from the provisional estimate of 4 per cent in FY21.
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.
Singapore, August 20 (ANI): Fitch Solutions on Friday revised up both 2020 estimate and 2021 forecast for Bhutan's real GDP growth to minus 1.8 per cent and 4 per cent from minus 2.4 per cent and 2.9 per cent previously.
Mumbai (Maharashtra) [India], Aug 6 (ANI): Equity benchmark indices reeled under pressure during second half of the session on Friday as investors booked profit after the Reserve Bank of India retained its real GDP forecast at 9.5 per cent for FY22 but revised the inflation forecast upwards