GDP growth Archives

December 2, 2024 2:14 PM

Sharp GDP rebound expected driven by private capex, agri growth, buoyant consumption

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...

October 18, 2024 9:07 PM

BRICS countries drive global economic growth, exceed GDP of G7 nations: Putin

Russian President Vladimir Putin highlighted the rising economic influence of BRICS nations, saying that their combined GDP now exceeds $60 trillion, surpassing that of the G7 countries. Speaking at the BRICS Business Forum in Moscow on Friday, Putin...

October 15, 2024 9:13 PM

Bangladesh GDP growth to decelerate to 4% in FY25: World Bank

Bangladesh's recovery from the COVID-19 pandemic continues to be impacted by high inflation, a balance of payments deficit, financial sector vulnerabilities, and increasingly limited job opportunities for its youth—particularly women and educated y...

July 15, 2024 9:24 AM

China’s economy falters as property, consumer pain worsens amid rising uncertainties

China's economy is facing increasing external uncertainties and many domestic difficulties and challenges in the second half, a spokesperson for the National Bureau of Statistics said on Monday. China's GDP growth of 5% in the first half was "hard wo...

March 20, 2024 5:16 PM

India’s economy resilient, real GDP growth hits six-quarter high: RBI bulletin

India's economy is displaying resilience and growth despite facing hurdles, as stated in an article published in the Reserve Bank of India’s (RBI) monthly bulletin on Tuesday. According to the article, India's real GDP growth surged to 8.4 percent...

January 31, 2024 9:33 AM

IMF upgrades India’s GDP growth estimate to 6.7% for current financial year

International Monetary Fund (IMF) has increased its GDP growth estimate for India to 6.7 percent for the current financial year. It is 40 basis points higher than its previous forecast of 6.3 percent. In its latest World Economic Outlook report, IMF...

January 17, 2024 9:53 AM

India poised to remain one of fastest-growing economies in world for next few years: Fitch

Fitch Ratings has said that India is poised to remain one of fastest-growing economies in the world in next few years. The rating agency has also affirmed India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB (minus)' with a stable o...

December 1, 2023 1:17 PM

India’s GDP expected to grow by 6.5 % in FY24: Finance Ministry

Hours after the Union Finance Ministry stated that the Indian economy grew 7.6 percent during the July-September quarter of the current financial year 2023-24, it said that India's GDP is expected to grow by 6.5 percent in the financial year 2024. ...