Page 21 - Gdp Growth

India needs sustained 8% growth, low cost of capital: FICCI president

India needs to focus on ease of doing business, consistent tax policy and lower cost of capital to achieve a sustained growth rate of over eight per cent in the long term

CEOs expect 9-10% economic growth in current fiscal, says CII poll

The poll is based on responses of about 100 CEOs

Top headlines: Rs 76k-cr scheme for semiconductors; RBI penalty on 2 banks

Business Standard brings you the top stories on Wednesday

Sensex gains 620 pts, Nifty ends above 17,150; RIL, IT, banks shine

Stock market LIVE: A slew of positive macro economic data coupled with supportive overseas cues helped the markets rally today

Abject failure of govt's policies: Congress on latest GDP figures

The Congress on Tuesday claimed the latest GDP figures "reveal the continued abysmal performance" of the economy and the "abject failure" of the government's policies

Omicron a mere speed breaker for GDP, vaccination drive will quell impact

While the non-services segments are expected to accelerate in Q3 and Q4, the omicron effect can play a role in guiding growth of services

Top headlines: Q2 GDP grows at 8.4%; fiscal deficit at 36.3% of FY22 target

Business Standard brings you the top stories on Tuesday

Indian economy likely picked up in Sept quarter before Omicron spread: Poll

Reuters survey of 44 economists projected GDP data will show 8.4% year-on-year growth: the fastest among major economies.

India's GDP seen growing at 8.3% in Q2, 9.4% full year: Report

Leading rating agency India Ratings expects the economy to grow 8.3 per cent in Q2 and close the year with 9.4 per cent in FY'22, which is 10 bps lower than the consensus forecast. The agency has attributed the higher growth to the nine consecutive quarters of over 3 per cent agriculture growth, which has brightened consumer spending and the resultant uptick in private final consumption expenditure, which is likely to clip at around 10 per cent in the September quarter of the current fiscal. Another major reason is the near three-fold jump in vaccination, which soared to 890.21 million as of October-end from 335.72 million at June-end. The government will announce the numbers on Tuesday. Noting that Q1 was impacted by the second wave leading to reduced workplace mobility and in turn economic activities, which at end-Q1 was 26 per cent lower than the base line and 16 per cent lower than baseline in FY21, it said mobility started improving only in Q2 yet it was only 7 per cent ...

Indian GDP likely boosted in July-Sept as lockdowns lifted: Reuters poll

The Reserve Bank of India has pegged growth for the same period at 7.9%

India's GDP expected to grow by 8.5% YoY in Q2FY22: Acuite

India's Q2FY22 GDP is expected to grow by 8.5 per cent on a year-on-year (YoY) basis amid support from a favourable base, Acuite Ratings and Research said

India's Q2 GDP likely to grow 8.1%, says SBI research report

FY22 projection raised to 9.3-9.6% range

Bright crop prospects will boost rural demand, says NITI Aayog

The consumer price index (CPI) fell to 4.3 per cent in September 2021, the lowest since April 2021.

Real GDP expected to grow at 8-9% YoY in Q2FY22: Motilal Oswal

The real GDP is the inflation adjusted figure of all the finished goods and services produced in a country within a specific time period

Festival cheer and beyond: Admirable sangfroid in the face of negative news

The government's recent spate of programmes should be expected to generate some momentum, but the macro-economic numbers are not encouraging, notes T N Ninan

RBI's dovish policy gives Sensex 381-pts boost; RIL up 4%, IT stocks shine

The central bank also retained the GDP growth forecast at 9.5% for the on-going fiscal year and revised CPI inflation projection downward to 5.3% which also supported sentiment

Expect more than 7% growth for India this decade: CEA Subramanian

CEA told an American audience from the corporate sector that 'the fundamentals of the economy were strong, even before the pandemic. There were only financial problems'

Sharp rise in natural gas prices, power outages worsen inflation worries

Brent crude up nearly 20% in the past month and hit a 3-yr high on Tuesday

India economy to grow at 7.2% in 2021 but could decelerate next year: UN

The report said that India suffered a contraction of 7 per cent in 2020 and is expected to grow 7.2 per cent in 2021.

Expect real GDP growth of 7 to 8% in 2Q FY22, says Motilal Oswal

Motilal Oswal Financial Services on Monday projected a real gross value added 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