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Tag: india gdp growth rate

India business activity fastest in at least two decades, price rises sharp, PMI shows

Posted on August 22, 2025 By admin
India business activity fastest in at least two decades, price rises sharp, PMI shows

Image used for representative purpose only. | Photo Credit: K.R. Deepak India private sector activity expanded at the fastest pace on record in August, fuelled by a robust surge in demand led by the dominant services sector, which allowed firms to hike prices at the fastest clip in over 12 years, a survey showed on…

Read More “India business activity fastest in at least two decades, price rises sharp, PMI shows” »

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

Posted on December 5, 2024 By admin
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…

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

Business

Slowing of GDP growth due to lower govt spending, MCC: RBI Governor

Posted on August 31, 2024 By admin
Slowing of GDP growth due to lower govt spending, MCC: RBI Governor

Reserve Bank of India (RBI) Governor Shaktikanta Das speaks at the Global Fintech Fest (GFF) 2024, in Mumbai on Friday. | Photo Credit: ANI The slowing of India’s economic growth to a 15-month low of 6.7% in the April-June quarter was due to “lower” government spending in the wake of the enforcement of the model…

Read More “Slowing of GDP growth due to lower govt spending, MCC: RBI Governor” »

Business

India’s GDP grows at 8.4% in October-December quarter; 2023-24 growth scaled up to 7.6% from 7.3%

Posted on February 29, 2024 By admin
India’s GDP grows at 8.4% in October-December quarter; 2023-24 growth scaled up to 7.6% from 7.3%

Making a flurry of revisions in the economy’s growth estimates, the National Statistical Office (NSO) on Thursday raised India’s real GDP growth esimate for this year to 7.6% from the 7.3% projected last month. It also scaled down its 7.2% growth estimate for 2022-23 to 7%, and raised its 2021-22 estimate from 9.1% to 9.7%….

Read More “India’s GDP grows at 8.4% in October-December quarter; 2023-24 growth scaled up to 7.6% from 7.3%” »

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