Tag: GDP growth

GST reforms will boost consumption, economy: Finance Minister Sitharaman

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GST reforms will boost consumption, economy: Finance Minister Sitharaman

Union Finance Minister Nirmala Sitharaman during an interview with PTI, in New Delhi, on September 7, 2025. | Photo Credit: PTI Finance Minister Nirmala Sitharaman has expressed confidence that revenue buoyancy driven by spurt in consumption will take care of the estimated GST shortfall of ₹48,000 crore following reduction in tax rates on a host…

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Business

GDP growth in Q1 quickens to five-quarter high of 7.8%, buoyed by cross-sector strength

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GDP growth in Q1 quickens to five-quarter high of 7.8%, buoyed by cross-sector strength

Growth in the manufacturing sector quickened to 7.7% in the April-June 2025 quarter, coming on top of a high base of 7.6% in the same quarter of the previous year. File | Photo Credit: Getty Images India’s economic growth rate in the first quarter (April-June) of the current financial year quickened to a five-quarter high of…

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Business

Watch: India’s July-September GDP growth slides: what options does RBI have? | Business Matters

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Watch: India’s July-September GDP growth slides: what options does RBI have? | Business Matters

India’s July-September growth slides: what options does RBI have? | Business Matters | Video Credit: The Hindu Economic growth fell sharply to 5.4% for the quarter ended September. The important question is, what next? Are we looking at a prolonged slowdown? And as importantly, will the Reserve Bank cut rates, something that observers have been…

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Business

RBI Governor On Two Factors That Pulled GDP Growth Rate Down

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RBI Governor On Two Factors That Pulled GDP Growth Rate Down

Bhubaneswar: The slowing of India’s economic growth to a 15-month low of 6.7 per cent in the April-June quarter was due to “lower” government spending in the wake of the enforcement of the model code of conduct for the recent Lok Sabha polls, RBI Governor Shaktikanta Das said on Saturday. The RBI had projected a…

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Nation

GDP Grows By 6.7% In April-June vs 7.8% In Jan-March, Lowest In 5 Quarters

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GDP Grows By 6.7% In April-June vs 7.8% In Jan-March, Lowest In 5 Quarters

GDP: Growth in Asia’s third-largest economy had been well above 7 per cent during previous quarters. India’s gross domestic product slowed to a quarter low of 6.7 per cent in April-June this fiscal against 8.2 per cent in the year-ago period, mainly due to poor showing by the farm sector, shows government data. Growth in Asia’s…

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Union Budget 2024: “Budget Based On PM Modi’s Mantra Sabka Saath Sabka Vikas”: Pankaj Chaudhary

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Union Budget 2024: “Budget Based On PM Modi’s Mantra Sabka Saath Sabka Vikas”: Pankaj Chaudhary

Budget 2024: Minister Pankaj Chaudhary was among the first to arrive at North Block. New Delhi: Minister of State for Finance Pankaj Chaudhary said that the first Union Budget of the third Modi government will be based on his mantra of “Sabka Saath Sabka Vikas.” Finance Minister Nirmala Sitharaman will present the full budget for…

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Nation

India Recorded 8.3% Average Growth In Last 3 Years: RBI Chief Shaktikanta Das

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India Recorded 8.3% Average Growth In Last 3 Years: RBI Chief Shaktikanta Das

India is moving ahead towards 8% GDP growth in a sustained manner, said RBI chief. (File) Mumbai: India is at the threshold of a major structural shift in its growth trajectory, highlighted Shaktikanta Das, Reserve Bank of India Governor, on Tuesday during his address at the 188th AGM (Annual General Meeting) of Bombay Chamber of…

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Nation

Election Results 2024 financial markets were given artificial booster dose by exit polls

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Election Results 2024 financial markets were given artificial booster dose by exit polls

Congress leader Jairam Ramesh | Photo Credit: PTI As financial markets went for a tumble on June 4 after the trends of the Lok Sabha poll results showed that the BJP was not getting a majority on its own, the Congress said the markets were given an artificial booster dose by the exit polls and…

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Business

RBI annual report 2023-24: Central bank sees real GDP growth at 7% in FY25

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RBI annual report 2023-24: Central bank sees real GDP growth at 7% in FY25

 The Reserve Bank’s Annual Report for 2023-24 said that the Indian economy is navigating the drag from an adverse global macroeconomic and financial environment. | Photo Credit: REUTERS Indian economy is likely to grow at 7% in the current fiscal year starting April, the Reserve Bank of India (RBI) said in its annual report released…

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