Page 10 - India Gdp

India's current account deficit in July-Sept rises sharply to 4.4% of GDP

Balance of Payments position sees depletion of $30.4 billion, says central bank

Slowdown year

Global and domestic factors will affect output

After the year of reset, businesses now poised to truly get back in form

Some firms braved the headwinds and stepped on the gas, others played it safe; green energy turned a bright spot

India's growth rate to be 6.4% for next 5 years: UK-based research centre

Cebr further said that India had an estimated PPP-adjusted GDP per capita of $8,293 in 2022, categorising it as a lower middle-income country

Budget primer: Understanding govt expenditure and its various types

Its importance is seen in its ability to hugely influence the nation's economy, as it reflects aggregate demand in addition to household consumption, business investment, and net exports

YouTube creators contributed Rs 10,000 cr to India's GDP in 2021: Study

Video sharing platform supported more than 750,000 full-time equivalent jobs in the country

YouTube creators contributed over Rs 10,000 cr to India's GDP in 2021

YouTube's creative ecosystem contributed over Rs 10,000 crore to the Indian GDP and supported more than 750,000 full-time equivalent jobs in the country in 2021, the Google-owned company said

Indian households outdo emerging market peers on cutting debt levels

Only one among BRIC countries to have cut leverage to levels to pre-pandemic levels

India's growth expected to slow in FY24 amid global slowdown: JP Morgan

India's GDP growth is on course to print close to 7 per cent this year in 2022-23, foreign brokerage, JP Morgan said in a report

Severity of injuries worst among auto workers in Pune, shows SII report

Nearly 83 per cent incidents in Pune reported a loss of body part of the worker, as compared to 67 per cent in Haryana (Gurugram and Faridabad)

Headwinds to more than halve H2 growth to 4-4.5%: India Ratings

The many rising headwinds, both domestic as well as external, will more than halve the GDP growth to 4-4.5 per cent in the second half of FY2023, shaving off the better numbers in the first half, says a report. In the first half of the current fiscal, the economy has grown at 9.7 per cent -- 6.3 per cent in the September quarter and 13.5 per cent in the previous three months, and forecasts for the full year vary from a low of 6.6 per cent to 7 per cent. According to India Ratings, the economic recovery in H1FY23 was resilient and encouraging, but challenges such as high inflation and weak demand (both domestic as well as external) are expected to pull down the economic growth to 4-4.5 per cent in H2FY23 from 9.7 per cent in the first half of the fiscal. The agency however did not offer a full-year forecast.September quarter data indicate that despite the geopolitical uncertainty and fear of a global slowdown, the domestic economy has shown resilience. In fact, the Q2 growth print ..

India Inc's profit declines sharply to 3.48% of GDP in Q2 of FY23

Ratio for manufacturing firms at 9-quarter low of 0.93%

Centre still hopeful on 6.4% fiscal deficit on back of tax revenue gains

The net tax revenue budget estimate for FY23 was Rs 19.35 trillion; a boost of Rs 4.5 trillion would take the revised estimates to Rs 23.85 trillion

India's CAD likely to shoot up as net exports hit nine-year low

CAD in Q1 of 2013 was 4.9 per cent of GDP, while net exports stood at 5.93 per cent of GDP

S&P Global lowers India's growth forecast; pegs it at 6% for 2023

Pegging India's gross domestic product (GDP) growth at seven per cent for 2022 and six per cent for 2023, global credit rating agency S&P Global Ratings said the forecast has been lowered by 0.5 per cent for next two fiscal years.

Best of BS Opinion: Growth challenges, Re-design and deliver & more

Here are the top BS Opinion articles of the day

Private consumption edges up in Q2; infra investment almost flat

PFCE, a proxy for household and private sector consumption, was 61.6% of nominal GDP in Q2FY23, as against 61.1% in the previous quarter and 59.5 per cent a year ago

Robust activity in services sector holds up 6.3% GDP growth in Q2

GDP grew 7.6 per cent in the September quarter of FY23 over the comparable period in FY20, which was before the pandemic

Growth challenges

Manufacturing sector decline needs policy support

India's annual GDP growth to slow in Sept quarter as Covid effect fades

India is expected to post annual growth of 6.2% in the three months to September 31, according to a Reuters poll