The State Bank of India's (SBI) research 'Ecowrap' believes that the GDP growth for the December quarter of the fiscal year 2024 (Q3FY24) is likely to be 6.8 percent, assuming no changes to the base figures.
4 min read28 Feb 2024It cautioned that consumption demand was still skewed in favour of households with the upper 50% of incomes, and that exports could face more headwinds in the upcoming fiscal year.
3 min read22 Feb 2024The Reserve Bank of India (RBI) projects a 7% real GDP growth for the upcoming financial year 2024–25, up from the previous projection of 6.6%. This projection includes a growth rate of 7.2% in Q1, 6.8% in Q2, 7% in Q3, and 6.9% in Q4.
1 min read8 Feb 2024The financy ministry projects GDP of $7 trillion by 2030. What are India's challenges on the way?
2 min read30 Jan 2024IMF revises India's FY24 and FY25 GDP projections upwards
4 min read31 Jan 2024After concerns over GDP calculations and covid deaths, PMO is taking steps to improve the domestic and international confidence in India’s statistical system
5 min read24 Jan 2024Indian economy continues to be the cynosure of all eyes. India's GDP growth prospects are hogging the limelight once again after UN’s department of economic and social affairs in its recent report said that India will continue to be the fastest growing major economy in the world. The report titled ‘World Economic Situation and Prospects 2024’ goes onto say that India’s GDP growth is projected to hit 6.2% in 2024.
15 Jan 2024India is expected to achieve a GDP growth of 6.9-7.2% in the current financial year due to improving economic fundamentals, according to Deloitte India.
2 min read12 Jan 2024The Indian economy is expected to grow by 7.3% in the current fiscal year, according to estimates released by the National Statistical Office on Friday.
2 min read5 Jan 2024India's Q2 GDP grew 7.6 per cent, significantly exceeding expectations. The base factor will not be in action in the second half of the year and there are material risks of lower agricultural output and weaker rural consumption.
4 min read1 Dec 2023The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared