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Real GDP to grow at around 9.5% in FY22: SBI Ecowrap

Real GDP to grow at around 9.5% in FY22: SBI Ecowrap

🕔16:31, 8.Jan 2022

New Delhi, Jan 8 (IANS) India’s real GDP is expected to grow at around 9.5 per cent in 2021-22 on a year-on-year (YoY), an SBI Ecowrap report said on Saturday. The report comes a day after the National Statistical Office (NSO)

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Growth Curve: India’s FY22 GDP expected to grow at 9.2%

Growth Curve: India’s FY22 GDP expected to grow at 9.2%

🕔21:01, 7.Jan 2022

New Delhi, Jan 7 (IANS) India’s economy is estimated to clock a growth of 9.2 per cent in terms of real GDP for FY22, official data showed on Friday. In 2020-21, India’s economy had contracted by (-)7.3 per cent. On Friday,

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Spread of Omicron to reduce GDP growth by 10 basis points in FY22: Ind-Ra

Spread of Omicron to reduce GDP growth by 10 basis points in FY22: Ind-Ra

🕔19:25, 6.Jan 2022

New Delhi, Jan 6 (IANS) Rising cases of the Omicron variant of Covid-19 and the subsequent curbs will have an adverse impact on India’s Q4FY22 GDP, said India Ratings and Research (Ind-Ra). The rising cases have led to various curbs instituted

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LIC assets at $463 bn exceeds the GDP of several economies

LIC assets at $463 bn exceeds the GDP of several economies

🕔14:14, 4.Jan 2022

New Delhi, Jan 4 (IANS) LIC assets at $463 billion exceeds the GDP of several economies, and it is ranked 5th globally in terms of life insurance GWP and 10th globally in terms of total assets. Its assets are 1.1 times

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FY22’s fiscal deficit expected to come in at 6.6% of GDP: Ind-Ra

FY22’s fiscal deficit expected to come in at 6.6% of GDP: Ind-Ra

🕔06:40, 31.Dec 2021

New Delhi, Dec 31 (IANS) Higher tax and non-tax revenue collections this fiscal are expected to more than offset the shortfall in disinvestment revenue, leading to the fiscal deficit coming in at 6.6 per cent of GDP in FY22, or 20

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India’s current account deficit in Q2FY22 seen at 1.3% of GDP: Ind-Ra

India’s current account deficit in Q2FY22 seen at 1.3% of GDP: Ind-Ra

🕔07:31, 14.Dec 2021

New Delhi, Dec 14 (IANS) Cost pressure, led by rise in commodity prices, is expected to take India’s current account deficit during Q2FY22 to 1.3 per cent of the GDP, India Ratings and Research said on Monday. However, a relatively stable

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Higher fiscal spending, consumption recovery lift India’s Q2FY22 GDP above 8%

Higher fiscal spending, consumption recovery lift India’s Q2FY22 GDP above 8%

🕔08:46, 1.Dec 2021

New Delhi, Dec 01 (IANS) Higher central fiscal spending as well as consumption recovery and healthy monsoon season accelerated India’s Q2FY22 GDP growth rate to 8.4 per cent on a year-on-year basis. Besides, pent-up demand, higher exports along with a rise

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Govt health expenditure share in GDP increases from 1.15% to 1.35%

Govt health expenditure share in GDP increases from 1.15% to 1.35%

🕔15:26, 29.Nov 2021

New Delhi, Nov 29 (IANS) There has been an increase in the share of government health expenditure in the total GDP of the country, according to the National Health Account Estimate report. It has increased from 1.15 per cent in 2013-14

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Goldman Sachs sees India’s GDP at 9.1%, CPI at 5.8% for 2022

Goldman Sachs sees India’s GDP at 9.1%, CPI at 5.8% for 2022

🕔20:57, 23.Nov 2021

New Delhi, Nov 23 (IANS) India’s gross domestic product (GDP) is expected to rise to 9.1 per cent in calendar year 2022, as compared to an estimated 8 per cent in 2021, Goldman Sachs said on Tuesday. India’s GDP contracted 7

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ICRA revises India’s Q2FY22 GDP growth to 7.9%

ICRA revises India’s Q2FY22 GDP growth to 7.9%

🕔07:07, 19.Nov 2021

New Delhi, Nov 19 (IANS) Rating agency ICRA has revised India’s gross domestic product (GDP) for Q2 FY22 upward by 20 basis points to 7.9 per cent. Gross Value Added (GVA) for the quarter is expected to rise by 20 basis

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South Africa’s economy expected to grow 5.1% in 2021

South Africa’s economy expected to grow 5.1% in 2021

🕔06:55, 12.Nov 2021

Cape Town/Johannesburg, Nov 12 (IANS) South Africa’s Finance Minister, Enoch Godongwana has said the country’s economy is expected to grow 5.1 per cent in 2021, following an economic recovery faster than expected in the first half. The recovery reflects less stringent

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

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

🕔16:28, 6.Nov 2021

New Delhi, Nov 6 (IANS) India’s real GDP is expected to grow at 8-9 per cent year-on-year (YoY) in Q2FY22, Motilal Oswal Financial Services (MOFSL) said. The real GDP is the inflation adjusted figure of all the finished goods and services

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Moody’s revises outlook for Indian banking system to stable from negative

Moody’s revises outlook for Indian banking system to stable from negative

🕔14:38, 19.Oct 2021

Mumbai, Oct 19 (IANS) Moody’s has revised the outlook for the Indian banking system to stable from negative suggesting that the deterioration of asset quality since the onset of the coronavirus pandemic has been moderate and an improving operating environment will

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Emerging from ‘very tough’ 2nd wave, India keeps top global spot with 9.5% GDP growth

Emerging from ‘very tough’ 2nd wave, India keeps top global spot with 9.5% GDP growth

🕔21:09, 12.Oct 2021

United Nations, Oct 12 (IANS) India has emerged from a “very tough second wave” of Covid-19, Gita Gopinath, the International Monetary Fund’s (IMF) Chief Economist, said on Tuesday at the release of the flagship report that showed India continuing to

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Pandemicproof: India’s Q1FY22 GDP growth seen ranging above 14% in Q1FY22

Pandemicproof: India’s Q1FY22 GDP growth seen ranging above 14% in Q1FY22

🕔15:00, 27.Aug 2021

New Delhi/Mumbai, Aug 27  Pent-up demand along with low base is expected to accelerate India’s economic growth rate in Q1FY22 on a year-on-year basis. Accordingly, the period from April-June 2021 had less stringenet lockdown norms than the same period of

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Indian economy to see ‘substantial slack’ in FY22 despite growth: RBI

Indian economy to see ‘substantial slack’ in FY22 despite growth: RBI

🕔07:27, 16.Jul 2021

Mumbai, July 16  Although the Indian economy is poised to recover and witness positive growth in the current fiscal, the Reserve Bank of India (RBI) has said that there will be “substantial slack” in it. The RBI Bulletin for July

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Vaccinating everyone above 18 to cost just 0.36% of GDP: Ind-Ra

Vaccinating everyone above 18 to cost just 0.36% of GDP: Ind-Ra

🕔06:33, 23.Apr 2021

New Delhi, April 23  Vaccinating everyone above 18 in the phase III of the inoculation drive will cost only about 0.36 per cent of the GDP, ratings agency India Ratings and Research said. As the second wave of Covid-19 sweeps

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GDP still likely to grow in double digits during 2021: Moody’s

GDP still likely to grow in double digits during 2021: Moody’s

🕔06:17, 14.Apr 2021

Mumbai, April 14  Impact on India’s economic activity is expected to be less severe than that seen in 2020 due to the focus on “micro-containment zones” to deal with the current wave of Covid infections as opposed to a nationwide

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Mining reforms to increase employment, GDP: Ficci

Mining reforms to increase employment, GDP: Ficci

🕔17:07, 20.Mar 2021

New Delhi, March 20  The reforms in the mining sector will play a fundamental role in enhancing the sector’s contribution to the employment and GDP of the country, and contribute immensely to the vision of an Atmanirbhar Bharat, industry body

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Double digit GDP growth expected in FY22: Report

Double digit GDP growth expected in FY22: Report

🕔11:49, 11.Mar 2021

New Delhi, March 11  As economic activities gather pace and investor sentiments revive, GDP growth is likely to enter a double-digit growth trajectory and may grow at more than 11 per cent in the next financial year, showed a report

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