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India’s FY23 GDP to witness ‘meaningful’ growth; to rise by 7.6%: Ind-Ra

India’s FY23 GDP to witness ‘meaningful’ growth; to rise by 7.6%: Ind-Ra

🕔16:59, 20.Jan 2022

New Delhi, Jan 20 (IANS) India’s FY23 GDP is expected to grow 7.6 per cent year-on-year basis, said India Ratings and Research (Ind-Ra). As per the ratings agency, after a gap of two years, the Indian economy will show a “meaningful

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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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Fiscal push : India’s Q2FY22 GDP growth up 8.4% YoY

Fiscal push : India’s Q2FY22 GDP growth up 8.4% YoY

🕔18:27, 30.Nov 2021

New Delhi, Nov 30 (IANS) Healthy monsoon season along with pent-up demand accelerated India’s Q2FY22 GDP growth rate to 8.4 per cent on a year-on-year basis. India’s GDP growth rate had fallen by 7.4 per cent during the corresponding period of

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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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Economic recovery widened in Q2FY22 as Covid second wave abated : ICRA

Economic recovery widened in Q2FY22 as Covid second wave abated : ICRA

🕔09:58, 22.Oct 2021

New Delhi, Oct 21 (IANS) India’s economic recovery widened in Q2FY22 as the impact of Covid-19’s second wave abated, ratings agency ICRA said. In quarterly terms, half of the high frequency indicators recovered above their pre-Covid levels in Q2FY22, it said.

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Acuite retains India’s FY22 growth forecast at 10% on likely festive demand

Acuite retains India’s FY22 growth forecast at 10% on likely festive demand

🕔09:41, 22.Oct 2021

Mumbai, Oct 21 (IANS) Ratings agency Acuite Ratings & Research has retained India’s FY22 growth forecast at 10 per cent on the back of likely revival in consumption demand during the festive season. The agency cited steady progress in vaccination and

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India on the cusp of a virtuous cycle: Morgan Stanley

India on the cusp of a virtuous cycle: Morgan Stanley

🕔20:25, 20.Oct 2021

Mumbai, Oct 20 (IANS) A virtuous cycle, supported by strong capex and productivity, is taking off in India, a Morgan Stanley research report said on Wednesday. Strong rates of growth, coupled with benign macro stability risks, set a positive backdrop for

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IMF keeps India’s 2021-22 GDP growth at 9.5%, retains top global spot

IMF keeps India’s 2021-22 GDP growth at 9.5%, retains top global spot

🕔18:56, 12.Oct 2021

United Nations, Oct 12 (IANS) India will continue to be the world’s fastest growing major economy, clocking a growth rate of 9.5 per cent this fiscal year and 8.5 per cent in the next, according to the International Monetary Fund (IMF)

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Accelerated Recovery: India’s Q1FY22 GDP growth zooms 20.1% YoY

Accelerated Recovery: India’s Q1FY22 GDP growth zooms 20.1% YoY

🕔22:23, 31.Aug 2021

New Delhi, Aug 31 (IANS) Low base, along with pent-up demand as well as easier Covid restrictions, lifted India’s first quarter FY22 GDP growth rate to 20.1 per cent. In 2020, the pandemic had battered the country’s GDP which had contracted

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Growth Oriented: RBI retains rates accommodative rates

Growth Oriented: RBI retains rates accommodative rates

🕔10:45, 4.Jun 2021

Mumbai, June 4 (IANS) The Reserve Bank of India has retained its key short-term lending rates along with the growth-oriented accommodative stance during the second monetary policy review of FY22. Accordingly, the Monetary Policy Committee (MPC) of the central bank voted

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India’s GDP may grow at 11% in FY22: ADB

India’s GDP may grow at 11% in FY22: ADB

🕔17:54, 28.Apr 2021

New Delhi, April 28  The Indian economy is likely to grow at 11 per cent in the current financial year, said the Asian Development Bank (ADB). In its report, ‘Asian Development Outlook (ADO) 2021’, the ADB also noted that the

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Covid freefall: India’s Q1FY21 GDP contracts by 23.9%

Covid freefall: India’s Q1FY21 GDP contracts by 23.9%

🕔20:32, 31.Aug 2020

New Delhi, Aug 31 Pandemic Covid-19 induced economic turbulence along with measures to curb its outbreak, heavily dented India’s economy and plunged the country’s GDP to (-) 23.9 per cent during the first quarter (Q1) ended June 2020-21. Though not

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Economy showing signs of getting back to normalcy : RBI Governor

Economy showing signs of getting back to normalcy : RBI Governor

🕔15:10, 11.Jul 2020

Mumbai, July 11 India’s economy is showing signs of getting back to normalcy, Reserve Bank of India Governor Shaktikanta Das said on Saturday. In a keynote address at the 7th SBI Banking and Economics Conclave, Das noted that medium term

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India’s GDP likely to contract 5% in FY 2020-21: Crisil

India’s GDP likely to contract 5% in FY 2020-21: Crisil

🕔18:25, 26.May 2020

New Delhi, May 26  Days after the Reserve Bank of India (RBI) said that India’s GDP growth for the financial year 2020-21 may remain in the negative territory, CRISIL has projected that the country’s economy contract by 5 per cent

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RBI says India’s FY21 GDP growth to be negative

RBI says India’s FY21 GDP growth to be negative

🕔11:46, 22.May 2020

Mumbai, May 22 (IANS) Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that the GDP growth rate for the financial year 2020-21 is likely to be in the negative territory due to the severe impact of the coronavirus

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Government Consolidating Fiscal Discipline : Eco2019-20 Survey

Government Consolidating Fiscal Discipline : Eco2019-20 Survey

🕔15:38, 31.Jan 2020

Relaxing Fiscal Deficit Target vital to Revive Growth in the Economy By TN Ashok New Delhi , Jan 31 : Indian economy remains on the path of fiscal consolidation and fiscal prudence amidst weak global growth, The Economic Survey 2019-20, tabled

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Banking Sector current status Needs Urgent Attention: Economic Survey

Banking Sector current status Needs Urgent Attention: Economic Survey

🕔15:33, 31.Jan 2020

By TN Ashok New Delhi, Jan 31 : Public Sector Banks (PSBs),  with about 70% of the market share in Indian Banking,  have an onus of supporting the Indian economy and fostering its economic development, the Economic Survey of 2019-20 tabled in

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Industrial Sector Performance Key to Achieving $5 Five Trillion Economy

Industrial Sector Performance Key to Achieving $5 Five Trillion Economy

🕔15:31, 31.Jan 2020

Eco2019-20 Survey  Suggests Sectoral Initiatives for Industrial Revival By TN Ashok New Delhi, Jan 31 : India’s Industrial sector performance in contributing towards Gross Value Added (GVA) improved in 2018-19 over 2017-18, however, as per NSO(National Statistical Office, the real GVA

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Pro-Business Policy Critical to $5 trillion Economy, Economic survey

Pro-Business Policy Critical to $5 trillion Economy, Economic survey

🕔15:22, 31.Jan 2020

Crony Cap Policies Erode Wealth & Destroy Economy By TN Ashok New Delhi, Jan 31 : India’s aspiration to become a $5 trillion economy is critical on promoting “pro-business” policy that ushers in competitive markets to generate wealth, on the one

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GDP to grow 6.0 to 6.5 Percent in 2020-21

GDP to grow 6.0 to 6.5 Percent in 2020-21

🕔14:38, 31.Jan 2020

GST Collections grew by 4.1 Per Cent April-November, 2019 Inflation Declines Sharply from 3.2 Per Cent in April 2019 To 2.6 Per Cent in December 2019 By TN Ashok New Delhi, Jan 31: India’s GDP growth for 2019-20 would be

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