Page 20 - Gdp Growth

RBI revises inflation and growth forecasts; holds policy rates

In its first monetary policy announcement of 2022-23, the RBI projected inflation to be at 5.7 per cent this financial year. Real GDP growth for the year estimated at 7.2 per cent

ICRA lowers India's FY23 GDP growth forecast to 7.2% from 8%

Ratings agency ICRA has lowered India's FY23 GDP growth forecast to 7.2 per cent from an earlier projection of 8 per cent.

Budget to yield dividends for years; pvt sector should invest: RBI article

The article also said that while the post-pandemic debt consolidation will rely primarily on GDP growth, it needs to be complemented by fiscal consolidation

Ukraine war: SBI sees CAD at 3.5% if crude boils; GDP growth at 7.1%

The rupee is the worst hit emerging market currency since the invasion of Ukraine by Russia and the resultant sweeping economic sanctions against Moscow

We see inflation averaging 5.4% in FY23: Crisil Chief Economist D K Joshi

In a Q&A, he says the Ukraine war-led spike in commodity prices will impact household inflation, and that the capex thrust by the Centre and states may take a slight hit

MS flags stagflation risk for India, cuts FY23 GDP growth forecast

'We believe that the ongoing geopolitical tensions exacerbate external risks and impart a stagflationary impulse to the economy,' they said

High net exports signal rising pressure on India's current account deficit

Geopolitical risks, hardening commodity prices may push it up more: Experts

Best of BS Opinion: GDP numbers, bridge the governance deficit, and more

Here are the top BS Opinion articles of the day

Budget brings stability, inflation less than that during 2008 crisis: FM

There is no question of a slowdown or recession, said Sitharaman, as she cited an estimated 9.2 per cent GDP growth in the current fiscal year ending March 31

Optimistic scenario: Can growth take care of all the economy's problems?

If the government thinks growth is the solution, can it be delivered in a slowing world with rising rates - within the domestic context of slower growth even before the pandemic, asks T N Ninan

India's GDP expected to grow 7.8% in FY23: Crisil report

Sitharaman's Budget proposals focused on loosening the purse strings by boosting capital expenditure and going slow on fiscal consolidation are aimed in the right direction, the rating agency said

FM should take growth responsibility away from monetary policy: Pronab Sen

'The robust tax collections give the finance minister a fair amount of headroom for an expansionary fiscal policy', he said

Nearly half of GDP in cities at risk from nature loss: WEF survey

Cities contribute nearly 80% to the global economy but they also account for nearly three-fourths of greenhouse gas emissions, a new study showed

Year-on-year analysis of economic performance serves a very limited purpose

A year-on-year analysis is useful in a conceptual way as it accounts for the seasonal impact on the data, but it tells you next to nothing about the current state of the economy.

UBS slashes FY22 GDP forecast to 9.1%; ups projection for FY23 to 8.2%

Swiss brokerage UBS Securities has revised downwards its India's growth forecast for the current financial year to 9.1% from 9.5% earlier

Citigroup revises India GDP forecast down by 80 bps to 9% for FY22

It says the economic impact of the Omicron wave in the fourth quarter could be lower than in previous waves, but activity momentum in the third quarter was much lower than expected

FY22 GDP estimate on expected lines, but there can be a downward bias

The next fiscal year (FY23) will be the one to watch out for and assuming that there would be no more Covid shocks, growth would be more real

India's GDP likely to grow 9.2% in FY22: First advance estimates

According to the statistics office, agriculture is expected to grow at 3.9% in FY22 while manufacturing is likely to expand by 12.5% and trade and hotel sector are expected to grow at 11.9%

Top headlines: India FY22 GDP may rise 9.2%; new rules for overseas flyers

Business Standard brings you the top headlines on Friday

India will log one of highest growth rates, says Ashima Goyal

Goyal said monetary-fiscal coordination has worked well and stimulus has been adequate but not excessive