Page 12 - Latest Updates on Gross Domestic Product (GDP)
Former Karnataka CMs hit out at PM Narendra Modi over state visit
Kumaraswamy said Karnataka's coffer has dried up, financial position is in doldrums and the revenue has plummeted.
 "Former Karnataka CMs hit out at PM Narendra Modi over state visit")
Restore data credibility
Govt move to set up new panel of statisticians welcome
 "Restore data credibility")
Housing Finance Companies growth to remain subdued: Care Ratings
Funding challenges and slow GDP growth continue to spoil the show
 "Housing Finance Companies growth to remain subdued: Care Ratings")
Unravelling India's growth story
Major structural reforms are needed to raise growth rates to the highs achieved between 2003 and 2008
 "Unravelling India's growth story")
Govt must batten down on expenditure, play long innings to fix economy
NRI and foreign economists should be ignored as completely as commentators are ignored by top class batsmen, writes TCA Srinivasa Raghavan.
 "Govt must batten down on expenditure, play long innings to fix economy")
It's India's 'Great Slowdown', economy headed to ICU: Ex-CEA Subramanian
India's GDP growth in the July-September quarter slowed to a six-year low of 4.5 per cent. This was the sixth consecutive quarter when the growth rate had fallen.
 "It's India's 'Great Slowdown', economy headed to ICU: Ex-CEA Subramanian")
GDP and IIP gap may widen to over 900 bps in third quarter, says Moody's
In fact, the gap between the two macro variables is likely to reach its highest level since the 2008 Lehman Brothers crisis
 "GDP and IIP gap may widen to over 900 bps in third quarter, says Moody's")
Economy: This is as good as it gets
Structural reforms are much less about privatisation, land, and labour, and more about expanding the scope of private enterprises and allowing them to be more competitive and productive
 "Economy: This is as good as it gets")
DFIs: Look before you leap
Before setting up any new development bank, the govt must examine the contribution and performance of the existing ones
 "DFIs: Look before you leap")
Base year for calculating GDP revised due to socio-economic changes: Govt
Rao Inderjit Singh said that over the past 70 years, the base year has been changed seven times
 "Base year for calculating GDP revised due to socio-economic changes: Govt")
Global economy on the mend; growth to pick up in 2020, say analysts
Despite the optimism surrounding the likely pick-up in the global economy, most economists remain cautious on the road ahead for India after the recent GDP print of 4.5 per cent for Q2FY20
 "Global economy on the mend; growth to pick up in 2020, say analysts")
Explained: Why RBI's repo rate cuts are not enough to bolster GDP growth
Transmission of rate cuts by banks has been slow because any lowering of interest rate, with deposit rates unchanged, will reduce banks' net interest income spread, affecting their revenue
 "Explained: Why RBI's repo rate cuts are not enough to bolster GDP growth")
S&P reaffirms India's sovereign rating at BBB- with a stable outlook
S&P's reiteration of India's rating and outlook is good news for the government as it fights multiple fires on the economic front
 "S&P reaffirms India's sovereign rating at BBB- with a stable outlook")
Markets at a high, economy at a low
The markets are clear 5 per cent growth is not the new normal
 "Markets at a high, economy at a low")
GDP growth slows to 4.5% in Q2 as manufacturing, services disappoint
Private consumer spending grew by 5 per cent year-on-year, improving slightly from the previous quarter
 "GDP growth slows to 4.5% in Q2 as manufacturing, services disappoint")
Sensex falls 336 pts ahead of GDP data; FPIs sell shares worth Rs 1,900 cr
Sensex fell 336 points, or 0.82 per cent, to end at 40,794; Nifty closed at 12,056, down by 95 points or 0.8 per cent
 "Sensex falls 336 pts ahead of GDP data; FPIs sell shares worth Rs 1,900 cr")
GDP growth tanks to 4.5% in Q2; core industries' output shrinks 5.8% in Oct
Fiscal deficit in the first seven months of FY20 already at 102% of government's target for full financial year
 "GDP growth tanks to 4.5% in Q2; core industries' output shrinks 5.8% in Oct")
India's Q2 GDP growth dips to over 6-yr low of 4.5%; manufacturing weighs
This GDP growth data for the September 2019 quarter is the lowest since January-March of 2012-13, when it was registered at 4.3%
Govt on track to make India $5 trillion economy by 2024: P K Misra
Describing the country's economic fundamentals as strong, Mishra said the annual average GDP growth of 7.5 per cent during 2014-2019 was the highest since independence
 "Govt on track to make India $5 trillion economy by 2024: P K Misra")
GDP growth numbers: Will there be some good news?
The upcoming data will likely show the economy had its weakest performance last quarter in more than six years, with the growth rate dropping below the symbolically important 5% mark
 "GDP growth numbers: Will there be some good news?")
