DD India
December 2, 2024 10:43 PM
The Ministry of Environment, Forest and Climate Change has announced a significant update in its assessment of the country's forest cover. The Forest Survey of India (FSI) will now use the updated base year of 2022-23 for compiling the Gross Domestic...
December 2, 2024 10:11 PM
The Government of India has announced its decision to revise the base year for the calculation of Gross Domestic Product (GDP) from 2011-12 to 2022-23, marking a significant update to the country’s national accounting framework. An Advisory Commit...
December 2, 2024 2:14 PM
India’s Q2 GDP growth saw a temporary slowdown due to seasonal monsoon effects and election-related factors. However, industry experts expect a sharp rebound in the January-March quarter (Q4) of FY25, signaling renewed economic vigor. For equity m...
November 29, 2024 9:15 PM
The ASSOCHAM-Egrow report has projected that India’s economic transformation by 2047 will be driven by the manufacturing and services sectors, which are expected to employ 67% of the workforce and contribute 75% of the country’s GDP. This shift u...
November 29, 2024 5:44 PM
India’s economy recorded a 5.4% GDP growth for the second quarter (July-September) of the current fiscal year, according to data released by the Ministry of Statistics. Despite challenges in sectors like manufacturing, which saw a growth rate of ju...
October 23, 2024 11:45 AM
The International Monetary Fund (IMF) on Tuesday maintained its projection for India’s GDP growth at 7% for the current fiscal year ending March 31, 2025. The latest estimates, published in the IMF’s World Economic Outlook (WEO), also forecast In...
October 22, 2024 6:13 PM
India's economic growth is projected to reach between 7.0% and 7.2% in the fiscal year 2024-25, according to Deloitte India’s latest Economic Outlook. This positive forecast comes despite a recent slowdown, with GDP expanding by 6.7% year-on-year i...
October 10, 2024 10:37 AM
Following the Reserve Bank of India's (RBI) forecast of over 7% GDP growth for the entire financial year 2024-25, a recent State Bank of India (SBI) report has highlighted that such a scenario of rate cuts accompanying high growth rates has rarely, i...
October 4, 2024 12:07 PM
Union Finance Minister Nirmala Sitharaman on Friday reaffirmed the government's commitment to reducing the fiscal deficit from 5.6 percent of GDP in FY24 to 4.9 percent in FY25. Speaking at the Kautilya Economic Conclave, Sitharaman said that the go...
July 18, 2024 2:29 PM
The Federation of Indian Chambers of Commerce & Industry (FICCI) has forecasted a 7.0% annual median GDP growth for India in the fiscal year 2024-25, according to its latest Economic Outlook Survey. "Despite persisting headwinds, India's economi...
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