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India`s records economic growth rate of 7.8% in Q1of 2023-24; remains fastest growing economy With better performance by agriculture and financial sectors, India has recorded an economic growth rate of 7.8 per cent in the April-June quarter (Q1) of 2023-24. The Gross Domestic Product (GDP) during the January-March quarter of 2022-23 was 6.1 per cent and 4.5 per cent during October-December. The GDP expanded by 13.1 per cent in the April-June quarter of 2022-23. India remained the fastest-growing major economy as China posted a 6.3 per cent growth in April-June 2023. The National St...
India`s records economic growth rate of 7.8% in Q1of 2023-24; remains fastest growing economy
India`s records economic growth rate of 7.8% in Q1of 2023-24; remains fastest growing economy
Source: Accord Fintech
1/09/2023 10:39:13 AM
India`s GDP to grow at 6% in FY24: CRISIL Terming the global environment as gloomier, credit rating agency CRISIL Ltd on Thursday forecast India's gross domestic product (GDP) growth at 6 per cent for FY24 down from 7 per cent estimated by the National Statistical Organisation (NSO) for FY23. "A complex interplay of geo-political events, stubbornly high inflation, and sharp rate hikes to counter that, have turned the global environment gloomier," CRISIL said. On the domestic front, the peak impact of the rate hike...
India`s GDP to grow at 6% in FY24: CRISIL
India`s GDP to grow at 6% in FY24: CRISIL
Source: IANS
16/03/2023 1:45:01 PM
India`s GDP growth likely to exceed 7% in FY23: Chief Economic Advisor Days after National Statistical Office (NSO) in its second advance estimate maintained the growth projection of 7 per cent for current fiscal year (FY23), Chief Economic Advisor V Anantha Nageswaran has expressed hope that the Gross Domestic Product (GDP) growth for the current financial year will exceed the projected 7 per cent in view of the expected revision of high frequency data. Real GDP or GDP at Constant (2011-12) Prices in the year 2022-23 is estimated at Rs 159.71 trillion as agains...
India`s GDP growth likely to exceed 7% in FY23: Chief Economic Advisor
India`s GDP growth likely to exceed 7% in FY23: Chief Economic Advisor
Source: Accord Fintech
3/03/2023 10:22:30 AM
India`s IIP accelerates to 7.1% in November India's industrial growth, as per the Index of Industrial Production (IIP), accelerated to 7.1 percent in November 2022. IIP growth returned to positive territory in November after it had contracted by 4 percent in October - the industry's worst performance in 26 months. The IIP grew by 1 per cent in November 2021. The IIP in November stood at 137.1, which is higher as compared to 128 in the year-ago period. In October 2022, an IIP of 129.3 was clocked. For April-November 2022, the co...
India`s IIP accelerates to 7.1% in November
India`s IIP accelerates to 7.1% in November
Source: Accord Fintech
13/01/2023 10:00:47 AM
India's economy grows by 13.5% in Q1FY23 with better performance by agriculture, services sectors With better performance by the agriculture and services sectors, the National Statistical Office (NSO) under Ministry of Statistics and Programme Implementation in its latest data has showed that India's economy grew by 13.5 per cent in the April-June period (first quarter) (Q1) of this fiscal (FY23) -- the fastest in the last four quarters. India remained the fastest growing major economy as China registered economic growth of 0.4 per cent in the April-June 2022 quarter. The Indian econo...
India's economy grows by 13.5% in Q1FY23 with better performance by agriculture, services sectors
India's economy grows by 13.5% in Q1FY23 with better performance by agriculture, services sectors
Source: Accord Fintech
1/09/2022 12:46:40 PM
Unemployment rate for aged 15 years and above falls to 8.2% in January-March 2022: NSO survey A periodic labour force survey (PLFS) by the National Statistical Office (NSO) has showed improvement as the unemployment rate for persons aged 15 years and above in urban areas dipped to 8.2 per cent in January-March 2022 from 9.3 per cent in the year-ago quarter. Joblessness or unemployment rate is defined as the percentage of unemployed persons among the labour force. Joblessness was high in January-March in 2021 mainly due to the staggering impact of the lockdown restrictions in the count...
Unemployment rate for aged 15 years and above falls to 8.2% in January-March 2022: NSO survey
Unemployment rate for aged 15 years and above falls to 8.2% in January-March 2022: NSO survey
Source: Accord Fintech
17/06/2022 9:30:57 AM
India’s economic growth may have slowed to 3.5% in fourth quarter of 2021-22: ICRA ICRA Ratings has expressed concerns over India’s economic growth and has said the economic growth may have slowed to 3.5 per cent in fourth quarter of 2021-22 from 5.4 per cent in the previous three-month period due to the impact of higher commodity prices on margins, decline in wheat yields and on higher base. It said the hiccups in the recovery of the contact-intensive services attributable to the third wave of COVID-19 in the country may have also affected the economic growth in the ...
India’s economic growth may have slowed to 3.5% in fourth quarter of 2021-22: ICRA
India’s economic growth may have slowed to 3.5% in fourth quarter of 2021-22: ICRA
Source: Accord Fintech
24/05/2022 9:30:55 AM