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At $4.3 Trillion, India's GDP Doubles In 10 Years, Outpaces World With 105% Rise
India has been the fastest growing major economy in the world for the last ten years, with the latest data from the International Monetary Fund or IMF showing a staggering 105 per cent growth in the last decade.
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India's GDP Grew 6.2% In October-December Quarter, Says Government Data
India's economic growth decelerated to 6.2 per cent in the third quarter of 2024-25, mainly due to poor performance by the manufacturing and mining sectors.
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India's FDI Hits $1,000 Billion Since Turn Of Century. Biggest Investor Is...
This week India crossed a major milestone as a top global investment destination. Latest data reveals that Foreign Direct Investment into India crossed a thousand-billion-dollar mark since the turn of the century.
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'Megaquake' Warning Hits Japan's Growth In Third Quarter
Japan's growth slowed in the third quarter after warnings of a major earthquake hit activity, official data showed, as Prime Minister Shigeru Ishiba seeks to jumpstart the world's fourth-largest economy.
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Factors That Point To Strong GDP Growth In Coming Quarters: 10 Points
India's real gross domestic product growth rate is at a strong 6.7 per cent despite a high base effect of the last few years, according to officials. Manufacturing grew 7 per cent as against 5 per cent last year; construction saw 8.6 per cent growth.
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GDP Grows 7.8% In March Quarter, Pushes India's Annual Growth Rate To 8.2%
India's economy grew 7.8 per cent in the March quarter, pushing up the annual growth rate to 8.2 per cent, according to official data released today.
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Strong Domestic Demand Supporting India's Growth: Morgan Stanley
Morgan Stanley is firm on India's growth outlook, given the support it is getting from domestic demand. Citing high-frequency data, the global investment banking firm said it remains constructive on the growth outlook.
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Opinion: GDP Growth-Rising Investment Can Sustain This Momentum
The NSO recently announced that GDP growth for FY24 would reach 7.6%, surpassing its previous forecast of 7.3%. Though consumption, which accounts for approximately 60% of GDP, presents a mixed picture.
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GDP Growth Beats Estimates In 3rd Quarter, Economy To Expand 7.6% This Year
India's economy expanded 8.4 per cent in the December quarter from a year earlier, compared with 7.6 per cent growth in the previous quarter, government data showed on Thursday.
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China's 2023 Economic Growth Weakest In 3 Decades
China's economy likely grew at its weakest annual rate for more than three decades in 2023, data is expected to show Wednesday, as it was battered by a crippling property crisis, sluggish consumption and global uncertainties.
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IMF Hikes India's 2023 GDP Growth Forecast to 6.3%, Downgrades China
The International Monetary Fund on Tuesday revised India's 2023 growth forecast upwards to 6.3 per cent - in line with its unchanged outlook for 2024 - to reflect "stronger-than-expected consumption" in the April-June quarter.
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India's Economy Set To Grow At Its Fastest Pace In A Year: Report
India's economy grew at its fastest pace in a year in the April-June quarter, driven by services and manufacturing, data is expected to show on Thursday, though economists warn of a slowdown ahead.
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India Set to Lose Fastest-Growing Major Economy Tag In 2023
India is set to lose its fastest-growing major economy tag this year, as growth took a hit from weakening demand at home and abroad.
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"Don't Be In Data Denial": Red Flag For India As China GDP Data Out
On a day when data on China's growth, with its economy growing at 4.9 per cent on-year in the third quarter, was released, economists highlighted the projections for other Asian economies China sustained its rebound from bruising virus lockdowns and moving closer to pre-pandemic levels, official data showed.
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Opinion: So How Bad Is India's Economic Crisis? Brace Yourself.
One does not need a weatherman to figure out which way the wind is blowing. Whether one goes by data or anecdote, that the Indian economy has been experiencing a contraction - rather than growth - since March 2020 has been evident from all accounts. It has been almost six months since the crisis broke, we are no longer using the strange term "negat...
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At $4.3 Trillion, India's GDP Doubles In 10 Years, Outpaces World With 105% Rise
India has been the fastest growing major economy in the world for the last ten years, with the latest data from the International Monetary Fund or IMF showing a staggering 105 per cent growth in the last decade.
-
India's GDP Grew 6.2% In October-December Quarter, Says Government Data
India's economic growth decelerated to 6.2 per cent in the third quarter of 2024-25, mainly due to poor performance by the manufacturing and mining sectors.
-
India's FDI Hits $1,000 Billion Since Turn Of Century. Biggest Investor Is...
This week India crossed a major milestone as a top global investment destination. Latest data reveals that Foreign Direct Investment into India crossed a thousand-billion-dollar mark since the turn of the century.
-
'Megaquake' Warning Hits Japan's Growth In Third Quarter
Japan's growth slowed in the third quarter after warnings of a major earthquake hit activity, official data showed, as Prime Minister Shigeru Ishiba seeks to jumpstart the world's fourth-largest economy.
-
Factors That Point To Strong GDP Growth In Coming Quarters: 10 Points
India's real gross domestic product growth rate is at a strong 6.7 per cent despite a high base effect of the last few years, according to officials. Manufacturing grew 7 per cent as against 5 per cent last year; construction saw 8.6 per cent growth.
-
GDP Grows 7.8% In March Quarter, Pushes India's Annual Growth Rate To 8.2%
India's economy grew 7.8 per cent in the March quarter, pushing up the annual growth rate to 8.2 per cent, according to official data released today.
-
Strong Domestic Demand Supporting India's Growth: Morgan Stanley
Morgan Stanley is firm on India's growth outlook, given the support it is getting from domestic demand. Citing high-frequency data, the global investment banking firm said it remains constructive on the growth outlook.
-
Opinion: GDP Growth-Rising Investment Can Sustain This Momentum
The NSO recently announced that GDP growth for FY24 would reach 7.6%, surpassing its previous forecast of 7.3%. Though consumption, which accounts for approximately 60% of GDP, presents a mixed picture.
-
GDP Growth Beats Estimates In 3rd Quarter, Economy To Expand 7.6% This Year
India's economy expanded 8.4 per cent in the December quarter from a year earlier, compared with 7.6 per cent growth in the previous quarter, government data showed on Thursday.
-
China's 2023 Economic Growth Weakest In 3 Decades
China's economy likely grew at its weakest annual rate for more than three decades in 2023, data is expected to show Wednesday, as it was battered by a crippling property crisis, sluggish consumption and global uncertainties.
-
IMF Hikes India's 2023 GDP Growth Forecast to 6.3%, Downgrades China
The International Monetary Fund on Tuesday revised India's 2023 growth forecast upwards to 6.3 per cent - in line with its unchanged outlook for 2024 - to reflect "stronger-than-expected consumption" in the April-June quarter.
-
India's Economy Set To Grow At Its Fastest Pace In A Year: Report
India's economy grew at its fastest pace in a year in the April-June quarter, driven by services and manufacturing, data is expected to show on Thursday, though economists warn of a slowdown ahead.
-
India Set to Lose Fastest-Growing Major Economy Tag In 2023
India is set to lose its fastest-growing major economy tag this year, as growth took a hit from weakening demand at home and abroad.
-
"Don't Be In Data Denial": Red Flag For India As China GDP Data Out
On a day when data on China's growth, with its economy growing at 4.9 per cent on-year in the third quarter, was released, economists highlighted the projections for other Asian economies China sustained its rebound from bruising virus lockdowns and moving closer to pre-pandemic levels, official data showed.
-
Opinion: So How Bad Is India's Economic Crisis? Brace Yourself.
One does not need a weatherman to figure out which way the wind is blowing. Whether one goes by data or anecdote, that the Indian economy has been experiencing a contraction - rather than growth - since March 2020 has been evident from all accounts. It has been almost six months since the crisis broke, we are no longer using the strange term "negat...
