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Friday, July 18, 2025
TopicIndia GDP

Topic: India GDP

Construction, manufacturing & mining — how Q2 GDP growth of 7.6% beat estimates

In October, RBI predicted a 6.5% growth in Q2. The relatively strong performance in Q2 comes on the back of 7.8% growth in Q1, taking growth in first half of the financial year to 7.7%.

World Cup win & $4 tn economy? Australia dashed hopes of former, but simple math negates the latter

Many including Union ministers cited still from YouTube livestream of 'real time GDP data' to celebrate India becoming '$4 tn economy'. But govt data shows claim is unfounded.

8% GDP growth target ‘imaginable goal’ for India, says ex US treasury secretary Larry Summers

Speaking at event hosted by Confederation of Indian Industry and the Department of Economic Affairs, Summers also made a strong pitch for renewable energy transition to check climate change.

‘Robust economic momentum’: Moody’s raises India’s GDP forecast to 6.7% for 2023

Moody’s also said India's monsoon season which runs from June to October could see below average rainfall, resulting in higher food prices.

India’s economy to grow at solid pace but not so much for jobs growth, say economists

World Bank President Ajay Banga recently said the key to India's growth story is through more jobs as he outlined the opportunity to cash in on the ‘China Plus One’ strategy.

Can India earn ‘developed’ tag by 2047? GDP growth seems elusive, human development may be easier

The Narendra Modi government has set before the country the goal of attaining “developed country” status by 2047. On an initial reckoning, this seems...

Modi govt and Congress squabbling over per capita income, but both are using the wrong measure

Last month, finance ministry celebrated the fact that 'per capita income has more than doubled to Rs 1.97 lakh' since 2014. Congress claims per capita income grew '259 per cent' under UPA.

GDP growth in October-December quarter is stronger than data suggests, say economists

The lower-than-expected growth was led by an upward adjustment in the base year GDP, said chief India economist at HSBC.

India’s GDP to grow at 6.2% in FY24, rising interest payments a concern, says UN report

The report noted that the rising interest rates signify that interest payments could be higher than the entire education budget of a few years ago.

On Camera

Punjab govt must take Centre into confidence on new anti-sacrilege bill

What should be of concern is other states following suit and enacting separate laws to suit the political environment of respective states citing the Punjab bill as a precedent.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

In setback to Pakistan, US designates LeT front as terror group for Pahalgam attack. What is TRF

India has welcomed the move, calling it a 'timely & important step reflecting the deep cooperation between India and US on counter-terrorism'.

RSS chief Bhagwat draws the line at 75. India’s politics stares at the Modi Exception

BJP has no dynastic succession, at least not at the top. You can trace this back to Vajpayee-Advani era. This act of spotting, empowering younger talent is even more striking with the choice of BJP presidents.