GDP

The value of the inter-state flow of goods in India increased to about 70 per cent of GDP in FY22 from nearly 55 per cent in FY18, taking into account movements of domestic and imported goods, shows a paper authored by Bibek Debroy,…

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The Asian Development Bank (ADB) on Tuesday slashed its India growth forecast for FY24 to 6.4 per cent from 7.2 per cent estimated earlier, citing risks arising from global and domestic factors. “If global conditions do not…

New Delhi: The Covid-19 pandemic served as a watershed moment in several ways, including marking the point when the global economic power dynamic changed in favour of developing countries. Data shows that, beginning 2020, the BRICS nations…

The central government’s fiscal deficit touched 82.8 per cent of the full-year target of Rs 17.55 trillion at the end of February, according to data released on Friday by the Controller General of Accounts (CGA). In comparison,…

India’s current account deficit (CAD) declined sequentially to $18.2 billion, or 2.2 per cent of the country's GDP, in the quarter ended December 2022 from $30.9 billion in Q2FY23 (3.7 per cent of GDP). The CAD was $22.2 billion…

The Indian economy needs both savings and investment rates closer to 35 per cent on a sustained basis to get back to over 8 per cent GDP growth Year-on-Year (YoY), India Ratings & Research said in a report on Thursday. …

The World Bank on Monday said India’s potential growth could benefit from accelerated implementation of an already ambitious reform agenda, amid an expected slump in global potential growth to a three-decade low by 2030. The…

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