India’s GDP growth - Gkseries.com

CRISIL forecasts India’s GDP growth at 6% for next FY against NSO’s projection of 7%

CRISIL forecasts India’s GDP growth at 6% for next FY against NSO’s projection of 7%: CRISIL expects India’s gross domestic product (GDP) growth to touch 6% in fiscal 2024, compared with 7% estimated by the National Statistics Office (NSO) for fiscal 2023. March 2023 Current Affairs Quiz Why the India’s GDP Growth On a Downturn: […]

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India’s GDP growth slows to 4.4% in October-December quarter

India’s GDP growth slows to 4.4% in October-December quarter: India’s GDP growth rate fell for the second straight quarter in the October-December period, coming in at 4.4 percent, according to the Ministry of Statistics and Programme Implementation. February 2023 Current Affairs Quiz The 3rd Quarter(Q3) GDP Growth: At 4.4 percent, the latest quarterly growth number

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S&P Lowers India GDP Growth Forecast by 30 bps to 7% For 2022-23

S&P Lowers India GDP Growth Forecast by 30 bps to 7% For 2022-23: Standard & Poor (S&P) Global Ratings cut India’s economic growth forecast for the current fiscal year ending March to 7 % as against 7.3 % projected earlier. S&P has also cut its 2023 growth forecast to 6% from 6.5% previously. As a result, GDP growth for FY24

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India’s GDP projection lowered by Moody’s to 7.7 percent

India’s GDP projection lowered by Moody’s to 7.7 percent : According to Moody’s Global Macro Outlook 2022-2023 study, India’s central bank is anticipated to maintain a hawkish posture this year and keep a moderately restrictive policy stance in 2023 to prevent domestic inflationary pressures from escalating. September 2022 Current Affairs Quiz India’s GDP is now expected to grow

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India GDP increases by 13.5% in Q1 FY23

As per the official data, Indian economy has been grown by 13.5% in the April-June period 2022, this is the fastest in the last four quarters. Reason: Better performance by the agriculture and services sectors. India has also remained the fastest growing major economy as China registered economic growth of 0.4% in the April-June 2022 quarter. As per the data

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India’s GDP Growth to be fastest in Asia in FY23: Morgan Stanley

India is likely to be the fastest-growing Asian economy in the Asian region in 2022-23, according to analysts at Morgan Stanley, who expect the expect India’s gross domestic product (GDP) growth to average 7 per cent during this period – the strongest among the largest economies – and contributing 28 per cent and 22 per cent to

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IMF reduces GDP forecast of India for FY23 to 7.4%

The International Monetary Fund (IMF) has reduced its gross domestic product (GDP) growth forecast for India for the current financial year (FY23) to 7.4%. The IMF has also reduced the growth forecast for FY24 to 6.1% as against 6.9% earlier. Reason: Due to less favourable external conditions and more rapid policy tightening. IMF Headquarters: Washington D.C.; Managing Director:

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FICCI downgrades India’s GDP growth forecast for 2022-23 to 7%

Industry body FICCI on Thursday said India’s economy is estimated to grow 7 per cent in the current fiscal, lower than the earlier projection of 7.4 per cent, mainly due to the ongoing geopolitical uncertainties. Owing to geopolitical uncertainties and their impact on Asia’s third largest economy. However, in its latest round of Economic Outlook

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OECD cuts India Growth forecast to 6.9% in FY23

The Organisation for Economic Cooperation and Development (OECD) has forecast India’s GDP growth at 6.9 per cent for FY23 from 8.1 per cent estimated earlier. OECD has also projected the growth for India is 6.2% in 2023. The Reserve Bank of India has also estimated the nations growth to 7.2%. The RBI has also raised the

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India’s GDP growth likely to be 8.2-8.5 per cent in FY22: SBI report

SBI’s research report Ecowrap, in its latest edition has projected India’s Gross Domestic Product (GDP) growth at 8.2 to 8.5 per cent for FY22. For Q4FY22, the SBI research report expects growth of 2.7 per cent. Early trend of Q4FY22 results for corporates, in the listed space, Sectors like IT-software, auto ancillary, steel, FMCG, chemicals,

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