GDP

Moody’s expects India to report real GDP growth of 5.5 percent in 2023

Moody's now expects India's real GDP growth to be 5.5% in 2023, up from the earlier projection of 5%, and to be 6.5% in 2024. The upward revisions for India also incorporate a significant increase in capital expenditure budget allocation...

Ind-Ra anticipates India’s growth to be below 6% in FY24

Ind-Ra anticipates India's growth below 6% in FY24 IndiaRatings (Ind-Ra) revised its FY24 growth forecast downward to 5.9% from the Reserve Bank of India's 6.4%. The agency predicts that growth would not surpass 6% in 2023–2024 despite factors such as...

GDP pegged at 7.0% by NSO

NSO ADVANCE ESTIMATE:- India's economy is expected to grow 7.0% in the current financial year, according to the first advance estimates by the National Statistical Office (NSO). New Delhi had pegged India's growth at 8.7% in the last fiscal year...

IMF decreases FY23 India’s GDP growth forecast to 6.8%

IMF decreases FY23 India's GDP growth forecast: In light of lower-than-anticipated output in the second quarter and more sluggish external demand, the International Monetary Fund (IMF) reduced India's growth prediction for FY23 from 7.4% forecasted in July to 6.8%. India's...

YouTube creators Ecosystem contributes over Rs 10,000 cr to India’s GDP in 2021

YouTube creators contributes over Rs 10,000 cr to India's GDP: According to a statement released on Monday by YouTube, the Google-owned company, YouTube's creative ecosystem supported more than 750,000 full-time equivalent jobs in India in 2021 and added more than...

India to take part in World Travel Market starting in London

World Travel Market, WTM 2022: One of the biggest international travel expos, the World Travel Market (WTM) 2022, will have India as a participant today in London. The Future of Travel Starts Now is the exhibition's theme for this year....

Drones can help raise $100-bn GDP boost, lakhs of jobs in India: WEF Report

Drones can help raise $100-bn GDP boost: The World Economic Forum (WEF) said in a new report that putting drones at the centre of a technology-led transformation of Indian agriculture can enhance the nation's GDP by 1–1.5% and create at...

RBI projects 7% GDP growth for FY23, Inflation remain 6.7%

RBI projects 7% GDP growth for FY23: The Reserve Bank of India (RBI) has projected 7% real GDP growth for the Financial year 2023 (FY23). Inflation in India is predicted to remain 6.7%. As a result, RBI raised its policy...

Asian Development Bank pares 2022-23 GDP growth forecast for India to 7%

The Asian Development Bank (ADB) has pared its 2022-23 growth projection for India’s economy to 7% from 7.5% estimated in April, terming it a “modest downward revision” driven by higher-than-anticipated inflation and monetary tightening. The Bank also raised its inflation...

Gross Domestic Product (GDP) Calculate GDP, Growth Formula

Gross Domestic Product (GDP) GDP: Gross domestic product (GDP), the whole market value of the goods and services a nation's economy produced during a given time frame. It covers all finished products and services, i.e., those created by economic agents...