GVA GROWTH INDIA

The Reserve Bank of India's latest bulletin highlights that India's economic slowdown in Q2 of 2024-25 has eased, with private consumption driving domestic demand, especially boosted by festival spending in Q3. Despite global economic resilience, th...

India's economic growth is expected to moderate to 6.5% in the second quarter. This is due to heavy monsoon rains and weaker corporate margins. However, government capital expenditure and kharif sowing have shown positive growth. The industrial sect...

India's economic growth is projected to slow to 6.2% in the second quarter of 2024-25, due to a high base effect and heavy rainfall, as per Barclays' estimates. While government spending and rural consumption are picking up, urban demand and private...

India's economic growth slowed to 6.8% in July-September due to reduced consumption and investment amid heavy monsoon rains. Factors like lower diesel and electricity usage, slower vehicle sales, a global slowdown, and geopolitical tensions affected...

India is urged to leverage favourable demographics over the next 20 years by increasing per-capita income levels. Goldman Sachs highlights the need for 10 million new jobs annually, improved education, infrastructure investment, and labour-intensive...

India needs to add 10 million jobs yearly from 2024-25 to 2029-30 for steady growth, a Goldman Sachs report reveals. Creating jobs in agriculture and services played a significant role recently. Policies suggested include boosting social housing, ex...

Jairam Ramesh criticizes PM Narendra Modi's government by highlighting three critical economic issues: inconsistent private-sector investment, stagnation in manufacturing, and declining real wages and productivity. He argues these factors threaten I...

India's factory employment rose by 7.4% in 2022-23, with 18.5 million workers, while emoluments per person increased by 6.3%. The gross value added (GVA) grew 7.3% to ?22 lakh crore, signaling recovery post-Covid and potential for 9% plus growth acc...

India's industrial sector is expanding swiftly, aiming for 9% GDP growth. NITI Aayog CEO B V R Subrahmanyam emphasized manufacturing job growth and surpassing pre-pandemic employment levels. Key industries like basic metals and motor vehicles drove ...

India is set to add USD 1 trillion to its GDP every 1.5 years over the next six years, aiming to become a USD 10 trillion economy by 2032. This growth will be driven by the manufacturing sector and initiatives like 'Make in India,' with exports proj...

Due to the seven-phase Lok Sabha elections, Chief Economic Advisor V. Anantha Nageswaran noted that GDP growth momentum stayed robust, explaining that the slowdown observed in the first quarter was expected because of the electoral process.

India's gross domestic product grew at 6.7 per cent for Q1FY25. Experts were anticipating moderate growth for this quarter, attributing their expectations to the general elections of 2024, a slump in urban consumption and a previously-sluggish rural...

?The global factors I think is the biggest risk factor to watch over the next 6 to 12 months. We have seen some shake in terms of the US employment situation. As of now it still looks a moderation rather than a big slowdown in US growth, but that co...

Devendra Pant, Chief Economist at India Ratings, discusses the shift in FMCG companies' concerns from rural India to urban demand. Despite steady GST collections and stable unemployment rates, challenges like food inflation and consumer sentiment is...

The insights by ICRA indicate a temporary slowdown in India's economic growth, with several sectors witnessing a downturn influenced by government actions, urban consumer sentiment, and weather conditions, but project a recovery in the latter half o...

?I would say that valuations that are concerned and whoever is getting into the market right now should also clearly take that into account. Because once you start losing the support of valuations, then obviously you are taking that much more of a r...

The 8.2% FY24 GDP growth reflects a modest deceleration from 3QFY24 at 8.6%. Real gross value added growth slowed considerably in 4QFY24 to 6.3% from 8.3% in 1QFY24.

India's economy likely experienced its slowest growth in a year during the January-March quarter, attributed to weak domestic demand, according to a Reuters poll of economists. This follows a surprising 8.4% GDP growth in the October-December quarte...

Economists predict India's economy to grow at a four-quarter low of 6.7% in Q4FY24. The growth in 3 FY24 was 8.4%. Agricultural GVA is likely to contract for 2nd straight quarter, amid rabi output concerns. Overall GVA growth expected to ease to 5.7...