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Centre refutes IMF's debt warning, recalls ‘far worse’ conditions of US, China
The IMF predicted that India's general debt would exceed 100% of its GDP under adverse circumstances by fiscal 2028.
Published on Dec 23, 2023 09:31 AM IST
Apple's market cap is now higher than France, Italy's economy
Apple's overall market cap has now crossed the USD 3 trillion mark, and can potentially beat India's economy in value if it continues on same growth path.
Published on Dec 16, 2023 10:13 PM IST
Vaishnawi Sinha
India to become world's third largest economy by 2030: S&P Global Ratings
India is on track to become the third largest economy in the world, after the US and China, by the year 2030, according to S&P Global Ratings report.
Published on Dec 05, 2023 02:44 PM IST
Vaishnawi Sinha
Evening Briefing: Rahul Gandhi seeks JPC probe on Adani, Q1 GDP grows by 7.8%
A shortlist of the biggest headlines, recommended stories, and a special collection of news items you should check out.
Published on Aug 31, 2023 07:20 PM IST
India's April-June quarter GDP growth at 7.8%: Govt data
GDP grows by 7.8 pc in Q1 of 2023-24 compared to 13.1 pc in year-ago quarter: NSO data
Updated on Aug 31, 2023 06:20 PM IST
IMF projects Indian economy to grow at 6.1 per cent in 2023
IMF projects global growth to improve slightly at 3 per cent for 2023 and 2024. However, IMF warns that global growth is still weak by historical standards.
Published on Jul 25, 2023 11:40 PM IST
PTI | | Posted by Singh Rahul Sunilkumar
Number theory: The state of India’s consumption at the end of FY 2022-23
India’s GDP suffered a contraction of 5.8% in 2020-21, largely a result of the economic disruption of the 68-day long lockdown which began on March 24, 2020.
Published on Mar 30, 2023 11:41 PM IST
Roshan Kishore, New Delhi
Economy to regain momentum, slowdown late last year temporary: Moody's on India
The government data released last week showed India's gross domestic product (GDP) growth slowed to a three quarter low of 4.4 per cent in October-December,2022, mainly due to contraction in manufacturing and low private consumption expenditure.
Published on Mar 07, 2023 06:57 PM IST
PTI | | Posted by Singh Rahul Sunilkumar
India’s Q3 GDP growth 4.4% amid slew of revisions
The 4.4% growth for the quarter ending December was lower than the 4.7% projection by a Bloomberg poll of economists
Updated on Mar 01, 2023 04:08 AM IST
Roshan Kishore, New Delhi
October-December GDP to be out today: What experts predicted
Experts have projected moderation in the growth momentum for Q3 due to uneven economic activity during the period.
Updated on Feb 28, 2023 07:19 AM IST
Ritu Maria Johny | Edited by Aniruddha Dhar
Evening brief: Congress questions projected GDP growth rate in Economic Survey
Here are today’s top news, analysis, and opinion. Know all about the latest news and other news updates from Hindustan Times.
Updated on Jan 31, 2023 05:10 PM IST
Economic survey: Official estimates could peg India's GDP growth range at 6-6.8%
At the top end, the estimate is higher than the latest estimates of the International Monetary Fund (IMF) and the World Bank.
Updated on Jan 31, 2023 08:03 AM IST
Rajeev Jayaswal
GDP projected to grow 7% in 2022-23, first advance estimates by Centre predicts
Indian economy estimated to grow at 7 pc in 2022-23: Govt data
Published on Jan 06, 2023 05:59 PM IST
PTI | | Posted by Singh Rahul Sunilkumar
World Bank upgrades India’s GDP growth forecast to 6.9%
The World Bank’s India Development Update report — Navigating the Storm — upgraded the country’s growth prediction on the basis of its September quarter performance “driven by strong private consumption and investment” that saw 6.3% growth in its GDP.
Updated on Dec 07, 2022 12:28 AM IST
Rajeev Jayaswal
Q2 GDP growth in line with RBI estimate at 6.3%
Indian economy grew at 6.3% in the quarter ending September 2022, the National Statistical Office (NSO) said in a release on November 30, putting GDP growth for the first half of the fiscal year at 9.7%.
Updated on Dec 01, 2022 12:09 AM IST
Roshan Kishore and Rajeev Jayaswal, New Delhi
Spain's daily uses snake charmer's pic to show India's economy; Twitter reacts
Several Indians, including Nithin Kamath, who is the CEO of Zerodha, have slammed La Vanguardia.
Updated on Oct 14, 2022 08:58 PM IST
Aniruddha Dhar, New Delhi
Nirmala Sitharaman's prediction for India's economy as IMF cuts global growth
Nirmala Sitharaman said growth will be among the top priorities of the Narendra Modi government and attention will be paid to sustaining the momentum that the Indian economy has got coming out of the Covid-19 pandemic.
Updated on Oct 12, 2022 11:07 AM IST
HT News Desk | Written by Aniruddha Dhar, New Delhi
'Worst to come... 2023 will feel like recession': IMF warns, cuts India forecast
The IMF's revised global forecast is 0.2 points down from July expectations and the growth profile is the 'weakest' since 2001
Updated on Oct 11, 2022 08:59 PM IST
World Bank cuts India’s GDP forecast to 6.5%, but there's some positive news too
In its South Asia Economic Focus report released on Thursday, the World Bank said, “The spillovers from the Russia-Ukraine war and global monetary policy tightening will continue to weigh on India’s economic outlook.”
Published on Oct 06, 2022 07:14 PM IST
India set to become 3rd largest economy by 2029: SBI report
Interestingly, India surpassed the UK as the 5th largest economy in December 2021.
Published on Sep 03, 2022 05:35 PM IST
ANI |
After India overtakes UK to be 5th largest economy, ex-advisor says...
According to data from the International Monetary Fund, India ranks behind the US, China, Japan and Germany in terms of the size of its economy in 'nominal' cash terms - around $854 billion.
Updated on Sep 03, 2022 05:33 PM IST
Written by Ishika Yadav | Edited by Chandrashekar Srinivasan
India posts double-digit growth when China heads for slowdown
While the Indian economy is going to clock 7.5 per cent growth this year, the Chinese economy under wolf warrior President Xi Jinping is hit by a teetering real estate sector which is threatening the banking sector.
Published on Sep 01, 2022 07:28 AM IST
GDP grows 13.5% in Q1, less than RBI prediction
India’s GDP grew at 13.5% in the quarter ending June 2022, much lower than the 16.2% forecast by the Reserve Bank of India’s Monetary Policy Committee (MPC) and the 15.5% projection by a Bloomberg poll of economists.
Updated on Sep 01, 2022 12:28 AM IST
Roshan Kishore & Rajeev Jayaswal, New Delhi
India's GDP grew at 13.5% in Q1 FY23, fastest in a year
Earlier this month, in its monetary policy meeting, the RBI said that the GDP growth rate is likely to be around 16.2 per cent in the first quarter of this fiscal year.
Updated on Aug 31, 2022 06:30 PM IST
HT News Desk, New Delhi
Sitharaman's projection for India's GDP: ‘7.4% growth in current, next fiscal’
Speaking at an event in the national capital, the Union finance minister said that the IMF and World Bank, too, have projected that India's growth rate would be the fastest for the next two fiscal years.
Published on Aug 26, 2022 07:13 PM IST
HT News Desk, New Delhi
IMF cuts India's FY22 forecast by 0.8 per cent, to drop more in FY23
IMF's World Economic Outlook said a global economy still reeling from the Covid pandemic and Russia's invasion of Ukraine faces an increasingly gloomy and uncertain outlook.
Updated on Jul 27, 2022 10:12 AM IST
ADB cuts India's FY23 GDP forecast to 7.2 percent
ADB cuts India GDP forecast for FY23 to 7.2 pc on Covid, war impact amid inflationary pressure
Published on Jul 22, 2022 09:30 AM IST
PTI |
Four key messages from GDP and fiscal numbers
The National Statistical Office (NSO) released GDP numbers for the quarter ending March 2022 and provisional numbers for fiscal year 2021-22 on May 31.
Updated on Jun 02, 2022 11:37 AM IST
Roshan Kishore, New Delhi
India's GDP grows 4.1% in Q4 amid Ukraine war dent
The Indian economy is expected to have grown at 8.7% in the 2021-22 fiscal year, as per provisional estimates released by the National Statistical Office (NSO) on May 31, the fastest annual growth rate by a major economy.
Updated on Jun 01, 2022 06:30 AM IST
Roshan Kishore and Rajeev Jayaswal, New Delhi
India's GDP grew by 8.7% in FY22 after 6.6% contraction previous fiscal
India's growth was 20.1 per cent, 8.4 per cent, and 5.4 per cent, in the first, second and third quarters, respectively, as per the data released by the NSO.
Updated on May 31, 2022 06:08 PM IST
HT News Desk | Edited by Aniruddha Dhar