Tag: India GDP

Government reforms, manufacturing push lift Q2 growth to 8.2%: Goyal

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Government reforms, manufacturing push lift Q2 growth to 8.2%: Goyal

“We will continue to see relentless growth,” Commerce and Industry Minister Piyush Goyal said, adding India’s merchandise and services exports too have recorded high growth during April-October this fiscal. File | Photo Credit: The Hindu Commerce and Industry Minister Piyush Goyal on Saturday (November 29, 2025) said a host of steps and reforms undertaken by…

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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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Economy exhibiting resilience, GDP to grow at 6.6 pc in FY25: RBI report

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Economy exhibiting resilience, GDP to grow at 6.6 pc in FY25: RBI report

On the economy, the report said during the first half of 2024-25, real GDP growth (y-o-y) moderated to 6 per cent from 8.2 per cent and 8.1 per cent growth recorded during H1 and H2 of 2023-24, respectively. File. Representational image | Photo Credit: Reuters The Indian economy is exhibiting resilience and stability, and the…

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Business

India’s FDI Hits $1,000 Billion Since Turn Of Century. Biggest Investor Is…

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India’s FDI Hits ,000 Billion Since Turn Of Century. Biggest Investor Is…

New Delhi: This week India crossed a major milestone as a top global investment destination. Latest data reveals that Foreign Direct Investment into India crossed the thousand-billion-dollar mark since the turn of the century, showing how India has been the favoured destination for foreign investors. The data released by the Department for Promotion of Industry…

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Nation

India’s FDI Hits $1,000 Billion Since Turn Of Century. Biggest Investor Is…

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India’s FDI Hits ,000 Billion Since Turn Of Century. Biggest Investor Is…

New Delhi: This week India crossed a major milestone as a top global investment destination. Latest data reveals that Foreign Direct Investment into India crossed the thousand-billion-dollar mark since the turn of the century, showing how India has been the favoured destination for foreign investors. The data released by the Department for Promotion of Industry…

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World

India GDP calculation: Govt mulls change in base year to 2022-23 from 2011-12 for computation of GDP

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India GDP calculation: Govt mulls change in base year to 2022-23 from 2011-12 for computation of GDP

The government is considering changing the base year for computation of the GDP to 2022-23 in February 2026 to reflect an accurate picture of the economy, a top Government official said. This will be the first revision in over a decade. It was last done in 2011-12. Also read: India’s real GDP growth slumps to…

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Business

India’s real GDP growth slumps to multi-quarter low of 5.4%

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India’s real GDP growth slumps to multi-quarter low of 5.4%

Representational image only. File | Photo Credit: Reuters “India’s real Gross Domestic Product (GDP) growth slumped to a multi-quarter low of 5.4% in the July to September 2024 quarter (Q2 of 2024-25), from a five-quarter nadir of 6.7% in Q1, with Gross Value Added (GVA) growth slowing to 5.8% from 6.8% in Q1,” as per…

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Business

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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Nation

India to clock GDP growth of 7% in FY25: NITI Aayog member Arvind Virmani

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India to clock GDP growth of 7% in FY25: NITI Aayog member Arvind Virmani

Arvind Virmani, NITI Ayog member. File | Photo Credit: Special arrangement “The Indian economy will grow around 7% in the current fiscal year and is on track to maintain a similar growth rate for several years,” NITI Aayog member Arvind Virmani said on July 12. Mr. Virmani said there are new challenges facing the country…

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Business

RBI MPC member Ashima Goyal: As India develops, problem of high food inflation will get less severe

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RBI MPC member Ashima Goyal: As India develops, problem of high food inflation will get less severe

The problem of high food inflation will be “less severe” in India going ahead, as modern supply chains with diversified sources can help quickly address sudden spikes in prices of specific food items, RBI Monetary Policy Committee (MPC) member Ashima Goyal said on April 25. Stressing that the share of food in the household budget…

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Business