Wednesday, 28 September, 2022
TopicGDP growth rate

Topic: GDP growth rate

After Fitch, Asian Development Bank cuts India’s growth forecast to 7% from 7.2% for FY23

Last week, Fitch Ratings had slashed the country's GDP projection to 7% for current fiscal year citing elevated inflationary levels and higher interest rates.

Fitch Ratings cuts India’s growth forecast to 7% from 7.8% for FY23

The rating agency said the world GDP will grow by just 1.7 per cent in 2023, 1 percentage point lower than previous estimates.

Fitch Ratings lowers India’s GDP growth forecast to 7.8% from 8.5% for 2022-23

“This is a downward revision from our 8.5% forecast in March as inflationary impacts of global commodity price shock are dampening some of the positive growth momentum,” the ratings agency said.

Five graphics that tell you all you need to know about India’s 2021-22 GDP data

The government has revised its GDP growth estimate for 2021-22 to 8.7 per cent on account of economic disruptions caused by the Covid-19 pandemic and spike in inflation.

India’s GDP clocks a strong 8.7% growth in 2021-22 but Q4 slowdown is not good news

Growth in the January-March period was slower than 5.4% expansion in the previous October-December quarter of 2021-22.

Indian economy grows by 0.4% in October-December quarter, official data shows

The GDP had expanded by 3.3% in the corresponding period of 2019-20, according to the data released by the National Statistical Office (NSO).

Now, Economic Survey dismisses Arvind Subramanian’s claim that India’s GDP is overestimated

Former CEA Arvind Subramanian argued last year that India’s GDP growth is overestimated by 2.5 percentage points. This was dismissed by Prime Minister’s Economic Advisory Council.

Amit Shah’s ‘kaagaz nahi dikhaayenge’ moment & India’s pulling the world down

The best cartoons of the day, chosen by the editors at ThePrint.

Has IMF’s Gita Gopinath made India a convenient scapegoat by blaming it for global slowdown?

The IMF has pegged India’s economic growth forecast to 4.8 per cent for 2019-2020, much less than its October 2019 projection of 6.1 per cent.

ADB cuts India’s GDP rate to 5.1% in FY20, cites poor job growth & rural distress

The Asian Development Bank had in September projected India's GDP growth at 6.5% in FY19 and 7.2% in FY20.

On Camera

YourTurn

Congress leader Rahul Gandhi and Yogendra Yadav at the Bharat Jodo Yatra | YogendraYadav/Facebook

‘Congress must die’, I said in 2019. What I meant then, and what’s changed now

At this juncture in history, you don't hold on to grudges. Following Paul Samuelson, I ask everyone: 'When the situation changes, I change my assessment. What about you, sir?'
European Commission President Ursula von der Leyen and EU Foreign Policy Chief Josep Borrell address the media on the Ukraine crisis in Brussels, Belgium, on 28 September 2022 | Yves Herman/Reuters

Oil price cap to blacklistings — EU slaps new ‘biting’ sanctions on Russia over Ukraine

Ursula von der Leyen, who proposed the fresh sanctions said the European Union is 'determined' to make Russia pay the price for the further escalation with Ukraine.

Defence

File image of Lieutenant General Anil Chauhan Twitter@adgpi

Centre appoints ‘China expert’ Lt Gen Anil Chauhan as new CDS

Lt Gen Chauhan retired as the Eastern Army Commander on 31 May, 2021. Prior to that, he was the Director General of Military Operations during the Balakot air strike in 2019.
Illustration by Soham Sen | ThePrint

AAP’s filling a big vacuum in Indian politics. Question is how long it can sustain without ideology

If you find admiration for AAP qualified, if not muted among many of the Modi-BJP’s critics, it is because they question it for its lack of ideological clarity. Especially on secularism.
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