The Economic Survey tabled in Parliament on Friday said the level and growth of a country's GDP informs several critical policy initiatives as it is a barometer of the economy's size and health
The recovery in growth for the fast moving consumer goods (FMCG) sector will begin playing out from March-April 2020 riding on a jump in farm incomes, Crisil Ratings said in its report
For the deficit to be 3.3 per cent of GDP, it assumes a nominal GDP growth of 12 per cent in FY20
While the GDP data is released with a two-month lag, markets always try to factor in future expectations
A fall in household spending is a signal that poverty may have increased, according to experts
Private consumer spending grew by 5 per cent year-on-year, improving slightly from the previous quarter
Forex traders said month-end dollar demand from importers and uncertainty over the US-China trade talks also weighed on the domestic currency.
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
The GDP growth rate for Q2FY20 was in line with the market expectation at 4.5 per cent, says Deepthi Mary Mathew, economist, Geojit Financial Services
Reliance Industries (RIL), which to hit the market capitalisation of Rs 10 trillion-mark on Thursday, was down around 2 per cent in the session.
Unfortunate fiasco over consumer spend survey
Congress spokesperson Sanjay Jha said the government is in a deep sleep 'like Rip Van Winkle', the famous fairytale character
Market rarely reacts to the release of economic data such as GDP growth or factory output
The first-quarter GDP data showed the economy losing steam
Nominal growth at sub-8%, lowest in 17 years
The deficit stood at 8.8 per cent of gross domestic product (GDP) in the first quarter of FY20 (Q1FY20)
Consumption expenditure, reflecting demand, grew only 3.14% in Q1FY20
Finance Minister Nirmala Sitharaman on Friday announced merger of 10 public sector banks into four, thus bringing down the number of state-run lenders to 12 from 27 in 2017
The previous low was recorded at 4.9 per cent in April-June 2012-13. The economic growth was 8 per cent in the same quarter of 2018-19
The investment rate is expected to go up in the second half