GDP

Narendra Modi Govt's GDP Surge Claim Dubious, 36% of Firms in Database 'Untraceable or Misclassified': NSSO Report

Narendra Modi's GDP growth rate claim dubious as 36 per cent of firms - part of MCA-21 database of companies - 'could not be traced or were wrongly classified', reveals NSSO report

IMF's Gita Gopinath Says India Must ‘Transparently Communicate’ Its Growth Numbers

Gita Gopinath Chief economist of the International Monetary Fund, she has also cautioned there are certain issues in the manner in which numbers are being tabulated which has been conveyed to New Delhi.

Tibet's GDP Rose 191 Per Cent Since Dalai Lama Fled: China

Tibet's 2018 GDP has reached $22 billion -- about 191 times more than the 1959 figure calculated at comparable prices, said a white paper released on Wednesday by China.

Frequent Bathroom Trips at Night Can Hamper the Country’s GDP, Says Study

The researchers found that these frequent treks to the bathroom cost US economy USD 44.4 billion a year.

Demonetisation Will Hit GDP, Won't Curb Black Money, RBI Told Modi Government

The director who raised concerns about the impact of demonetisation on black money, however, supported the move in 'larger public interest'.

China Sets 2019 GDP Growth Target at 6-6.5%

China has set its GDP growth target at 6-6.5 per cent for 2019, according to a government work report available to the media ahead of the annual legislative session on Tuesday.

GDP Growth Rate in October-December Slows to 6.6%, Down From 7% in Previous Quarter

As per the Statistics Office estimates, the overall growth rate for the financial year 2018-19 is predicted to be 7.2 per cent -- lower than the RBI's estimate of 7.4 per cent.

Budget 2019: Deficit for Current Fiscal Pegged Higher at 3.4%

The Centre on Friday revised upwards the fiscal deficit target for 2018-19 to 3.4 per cent of the GDP, from the previous target of 3.3 per cent.

GDP Growth Estimate Revised to 7.2% Ahead of Budget 2019; Economy Grew at 6.7% in Last Fiscal

The GDP growth rate was predicted to improve in FY-2018-19 as compared to '17-18, as the last fiscal had witnessed the crippling impact of demonetisation, followed by the roll-out of GST.

NSC Members, Upset With Modi Government, Resign Amid Row Over GDP And Employment Data

The acting Chairman of the National Statistical Commission (NSC) PC Mohanan, along with external member JV Meenakshi, resigned on January 28, expressing disappointment meted out by the central government.

IMF Cuts Global Economic Growth Projections over US-China Trade War

The International Monetary Fund has revised the global economic growth projections downwards. The IMF lowered its global growth projections for 2019 and 2020 to 3.5 per cent and 3.6 per cent respectively.

India's GDP Estimated to Grow at 7.2%; Agriculture and Manufacturing Among Accelerating Factors: CSO

Releasing the first advance estimates of National Income for 2018-19, the CSO said, 'The growth in GDP during 2018-19 is estimated at 7.2 per cent as compared to the growth rate of 6.7 per cent in 2017-18.'

India GDP Growth at 7.2% In 2018-19

The Indian economy is expected to grow at 7.2 per cent in 2018-19, a tad higher from 6.7 per cent in the previous fiscal, mainly due to improvement in the performance of agriculture and manufacturing sectors, the Central Statistics Office said Monday.

India Lost 4% of GDP from Power Distortions in 2016: World Bank

India lost a staggering $86.1 billion, equivalent to over 4 per cent of its GDP, owing to distortions in the power sector in 2016, says a World Bank report released on Wednesday.

Demonetisation Hit Growth, Jobs, Bank Credit: Economists' Report

The November 2016 demonetisation impacted economic activity in the country in the immediate aftermath, affecting the GDP numbers for that fiscal, while the measure's impact had dissipated by the summer of the following year, according to a study published by the US think-tank NBER.

RBI Keeps Repo Rate Unchanged at 6.5 %, Reserve Repo Rate at 6.25% in Monetary Policy Review

The monetary policy committee of Reserve Bank of India (RBI) today kept its repo rate, for the short term, unchanged at 6.5 percent. The RBI raised the repo rate by 50 base points in August this year.

RBI Likely to Maintain Repo Rate in Wednesday's Review

The RBI is expected to keep its key interest rate unchanged at its penultimate monetary policy review of the fiscal on Wednesday at a time when inflation - the central bank's key concern - has softened, as has GDP growth, according to the figures for the second quarter ending in September.

Sensex Reverses Gain, Trades Flat; Rupee Crosses 70

Reversing early gains, the key equity indices traded in the red during the afternoon trade session on Monday as investors reacted to disappointing macro-economic data and a rise in global crude oil prices.