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Monday, April 12, 2021

GDP

Strong GDP growth in FY22 to drive logistics demand: Ind-Ra

Mumbai, Mar 22 (IANS): Strong GDP growth in FY22 will drive logistics demand, India Ratings and Research said. According to the agency, strong-to-moderate recovery is already being witnessed across various logistics sub-sectors. Besides, commissioning of the Dedicated Freight Corridor could boost volumes...

Double digit GDP growth expected in FY22: Report

New Delhi, March 11 (IANS) As economic activities gather pace and investor sentiments revive, GDP growth is likely to enter a double-digit growth trajectory and may grow at more than 11 per cent in the next financial year, showed...

India’s GDP growth to rebound to 11% in FY22: Crisil

New Delhi, March 9 (IANS) India's gross domestic product (GDP) growth is expected to rebound to 11 per cent in fiscal 2022, after an estimated 8 per cent contraction this fiscal, ratings agency Crisil said. Accordingly, the agency cited four...

‘GDP poised to enter double digit growth trajectory in FY22’

New Delhi, Mar 4 (IANS): Economic activity has remained intact and the GDP is poised to enter a double digit growth trajectory in FY22, said industry body PHD Chamber. The industry body cited that broad-based policy measures undertaken by the Centre...

FY21 fiscal deficit seen at 7.4% of GDP: SBI Report

New Delhi, Jan 12 (IANS) India’s fiscal deficit in the current financial year is likely to reach 7.4 per cent of the GDP on the back of enhanced government expenditure amid the pandemic, said the SBI Ecowrap report. The report noted...

Covid Struck: India’s FY21 GDP expected to contract by 7.7%

New Delhi, Jan 7 (IANS) India's First Advance Estimate of national income on Thursday showed a contraction of 7.7 per cent in real GDP for FY 21. On a year-on-year basis, Asia's third largest economy had grown by 4.2...

India’s FY21 GDP now expected to contract by 7.8%: Ind-Ra

New Delhi, Dec 24 (IANS) India Ratings and Research on Thursday narrowed the contraction in India's FY21 gross domestic product (GDP) growth to negative 7.8 per cent from a negative 11.8 per cent. Accordingly, the ratings agency pointed out the...

India needs to lower its logistics cost to 7-8% of GDP: Report

New Delhi, Dec 22 (IANS) There is an urgent need for India to lower its logistics cost to 7-8 per cent of the GDP, according to a report by Confederation of India Industry (CII) and Arthur D. Little. It recommended...

GDP growth to be positive in next quarter: DEA Secy

New Delhi, Dec 18 (IANS) India’s GDP growth will turn positive in the January-March quarter, said Tarun Bajaj, the Secretary of the Department of Economic Affairs (DEA) on Friday. Speaking at the CII Partnership Summit 2020, the official said that agriculture...

India’s FY21 GDP to contract by 7.8%: ICRA

New Delhi, Dec 17 (IANS) India's FY21 GDP is expected to contract at 7.8 per cent, ratings agency ICRA said on Thursday. As per the agency, in Q3FY21, rising raw material and wage costs would partly counteract the positive impact...

Latest News

‘E-commerce growth in tier-2, 3 cities outpace tier-1 Indian cities’

Mumbai, Apr 11 (IANS): The growth of e-commerce volumes in tier 2 and 3 cities in India is outpacing that...