Articles about Gross Domestic Product

The Reserve Bank of India (RBI) hiked the repo rate by 50 basis points (bps) to 5.9% on Friday, Governor Shaktikanta Das announced.

Prime Minister Narendra Modi is slated to launch the new National Logistics Policy (NLP) on Saturday.

In a significant achievement, India has surpassed the United Kingdom (UK) to claim the position of the 5th largest economy in the world, International Monetary Fund (IMF) said.

India has fallen behind the rest of the world in terms of environmental performance.

The Reserve Bank of India (RBI) kept the repo rate unchanged at 4% for the 10th time in a row in its monetary policy review meeting on Thursday.

The government has no plan to print currency notes to tide over the current economic crisis triggered by the outbreak of the COVID-19 pandemic, Finance Minister Nirmala Sitharaman informed Parliament on Monday.

As the second wave of COVID-19 has disrupted regular life, India's Gross Domestic Product (GDP) contracted 7.3% in the financial year 2020-21, data shared by the government showed on Monday.

India's economy grew by 0.4% in the third quarter of the financial year 2020-21, government data released on Friday showed.

Domestic equity markets witnessed a strong downward trend on Friday, mirroring losses in other global markets.

Union Finance Minister Nirmala Sitharaman on Friday tabled the Economic Survey 2021 in the Parliament.

India's economy is estimated to contract 7.7% in the fiscal year 2020-21, according to the first advance estimates released by the National Statistical Office (NSO), the Ministry of Statistics & Programme Implementation (MoSPI).

Due to the impact of the COVID-19 pandemic, the global economy may lose $11.5 trillion, including $5 trillion to $5.6 trillion in Gross Domestic Product (GDP), a study has suggested.

The worsening effects of climate change may pose a massive risk of $200 billion to India's GDP (gross domestic product) by 2030, revealed a report by McKinsey Global Institute (MGI).

India likely entered into a technical recession for the first time in its history at the end of the first half of 2020-21, according to the Reserve Bank of India (RBI).

India's Gross Domestic Product (GDP) slipped by a sharp 23.9% in the first quarter (April-June) of the fiscal year 2020-21, according to data released by the National Statistical Office (NSO). This marks the first contraction in more than 40 years.

India recorded a Gross Domestic Product (GDP) growth rate of 4.7% in the third quarter of the fiscal year 2019-2020, according to government data released on Friday.

The Centre released India's gross domestic product for the second quarter of the fiscal year 2019-20.

Amid economic slowdown, India also witnessed a dip in manufacturing activity, which reached a 15-month low in August, as demand and output grew at the slowest rate in a year, a private survey reported today.

The Reserve Bank of India today left the repo rate unchanged while maintaining the stance of "calibrated tightening" of policy. The key rate remains unchanged at 6.5%.

The Reserve Bank is likely to maintain status quo on interest rate in the upcoming monetary policy review on December 5 despite moderation in economic growth and easing inflation, suggested experts.

Congress leader P Chidambaram poked fun at the BJP today over the GDP growth data, saying it did not warrant any jubilation by the ruling party.

Missed today's business news? No problems, we have covered it all.

The Indian economy grew at 7.2% in the October-December period, restoring its status as the world's fastest-growing major economy. The growth reflects overall recovery due to good show by agriculture, manufacturing, construction sectors.

According to a recent report by Morgan Stanley, India's economic recovery is expected to have gathered momentum and GDP growth for the December quarter is likely to have accelerated to 7 percent.

The new base year for all-India Index of Industrial Production (IIP) has been revised from 2004-05 to 2011-12.

With the world's most unsafe roads and most people defying traffic rules, driving in India has become dangerous.

India retained the top spot among remittance-receiving countries despite a significant 8.9% drop in remittances in 2016.

India's third quarter GDP grew at a faster-than-expected 7% pace despite demonetization in the quarter till December. It had been expected to grow 6.1% then.

The Union Budget is the annual financial statement mandated under Article 112 of India's Constitution. From this year, the Budget will be presented on Feb 1.

The GDP of Q2 FY16-17 grew at 7.3% at constant prices (2011-12).

Union Minister of State for Finance and Corporate Affairs Arjun Ram Meghwal said India's economy would grow 8% this fiscal while agricultural growth is expected to grow over 4%.

India and Pakistan are facing some serious tensions primarily due to the recent conflicts along the border.

Shortage of water in reservoirs and rainfall playing spoil-sport didn't adversely impact food-grain production.