Page 22 - Gdp Growth

Top headlines: Car sales skid, Prosus joins top global investors, and more

From vehicle sales taking a beating in August to Jet Airways' plans to resume service by early 2022, Business Standard brings you the top headlines at this hour

India's core sector output grows 9.4% in July on the back of low base

Except crude oil, 7 sectors have shown an uptick YoY

Economic growth may not hold if private spend dips, say economists

Economists say revival will hinge on govt spending, policy support

BSE m-cap hits Rs 250 trn as Sensex zooms 663 pts, Nifty climbs 17,100

Bharti Airtel (up 6.7 per cent) was the biggest gainer on the Sensex today, followed by Bajaj Finance, Bajaj Finserv, Asian Paints, TCS, Titan, and Tech Mahindra

Economists project GDP growth at 14%-23% in Q1FY22

The growth was projected on a low base of 24.4 per cent contraction in the gross domestic product in Q4 of the previous financial year.

Govt aims to raise auto sector contribution to GDP, job creation: Gadkari

The government looks to increase contribution of automobile sector to India's GDP to 12 per cent from the present 7.1 per cent and grow employment generation to 50 million from the current 37 million

India's GDP likely to grow at 18.5% in Q1FY22: SBI report

The country's gross domestic product (GDP) is expected to grow at around 18.5 per cent with an upward bias in the first quarter of the current financial year, according to SBI research report Ecowrap

GDP levels in Asia to exceed pre-Covid path from 1Q22: Morgan Stanley

Covid-19 remains an overhang on the near-term growth outlook of Asia and lockdown measures are constraining consumption growth, Morgan Stanley said on Friday.Strength in exports and capex has lifted Asia's overall GDP closer to its pre-Covid path, but consumption remains below its pre-Covid path, it said in a research report titled 'The Viewpoint: The Next Phase in Asia's Recovery' authored by Chetan Ahya, Derrick Y Kam and Jonathan Cheung.However, the report forecast vaccination rates for adult population reaching 80 per cent or higher in 10 out of 12 economies (accounting for 95 per cent of the region's GDP) in the region by 4Q21."These high rates of vaccinations will allow policymakers to shift their Covid management strategy and allow restrictions to be relaxed, which we expect in turn lead to a full-fledged recovery in growth from early next year."Powered by all its engines, said the report, Asia's growth momentum should improve in the coming quarters. GDP levels will exceed ...

GDP growth may be overestimated at 20% in first quarter, says Icra

It cautioned that the organised sector is expected to have gained at the cost of the less formal space during the first quarter of the current financial year

GDP to expand by 20% in Q1, to be lower than pre-Covid levels: Icra

The GDP growth is estimated to come at the "deceptively high" level of 20 per cent for the Apr-Jun 2021 quarter but is far below the same in the pre-COVID times, rating agency Icra said on Wednesday

Growth optimism: Will govt's own investment and exports be enough?

A step jump in medium-term growth rates, of the kind projected, needs all four engines of the economy to be firing. But the govt seems to have bet on just two, writes T N Ninan

Live: RBI keeps repo rate steady, says economy in better shape since June

Live updates: Monetary policy committee's decisions being read out by RBI governor Shaktikanta Das

RBI hints at normalising ultra-loose policy, bond yields jump to 6.24%

This was the seventh consecutive occasion when the central bank maintained a status quo on policy rates

RBI retains real GDP growth projection at 9.5% for 2021-22 as Covid-19 ebbs

The RBI on Friday retained the real GDP growth projection at 9.5 per cent for 2021-22 as domestic economic activity has started normalising with the ebbing of the second wave of the virus

MPC reassures status quo on rates, but changes view on inflation

The temporary supply shocks that have led to higher inflation has been kept aside by the MPC while focusing on growth

Total debt expected to increase to 61.7% of GDP in FY'22: Minister

The government informed Parliament that it expects the total debt as percentage of GDP to increase to 61.7 per cent (provisional) in 2021-22 from 60.5 per cent (provisional) in the previous fiscal.

Estimation error?: Government estimates go awry when growth trends down

Historical analysis shows that the government tends to underestimate the growth in agriculture every year; as growth has slipped in the last few years, it has fallen prey to overestimation errors

India's fiscal 2022 GDP growth rate now expected at 9.6%: Ind-Ra

This is lower than an earlier estimate of 10.1 per cent

Real GDP growth likely to be 8.7% in FY22: Motilal Oswal Financial Services

Motilal Oswal Financial Services has projected real GDP growth of 8.7 per cent in FY22, down from 11.1 per cent it had forecast earlier

Economy poised to shrug off second wave

Hard-hearted as it may sound, there is no correlation between the loss of lives and national output