close_game
close_game
[

gdp growth news

]

Latest from gdp growth

Japan growth slowed to 0.1% in 2024 despite stronger Q4

Japan growth slowed to 0.1% in 2024 despite stronger Q4

Japan growth slowed to 0.1% in 2024 despite stronger Q4
Published on Feb 17, 2025 06:17 AM IST
AFP |

RBI’s cautious policy stance

Central bank’s first interest rate cut in five years is minimal and unsurprising considering the many external volatilities

Mumbai, Feb 07 (ANI): RBI Governor Sanjay Malhotra addresses a post-monetary policy press conference, in Mumbai on Friday. (ANI Photo) (Video Grab)
Published on Feb 07, 2025 08:13 PM IST
ByHT Editorial

RBI MPC cuts repo rate by 25 basis points to 6.25% to boost economy: Governor

RBI Governor Sanjay Malhotra has announced that the Monetary Policy Committee (MPC) has decided to cut the benchmark repo rate by 6.5%

New Reserve Bank of India (RBI) governor Sanjay Malhotra on Friday, February 7, announced that the Monetary Policy Committee (MPC) has decided to cut the benchmark repo rate by 6.5%.(Bloomberg)
Updated on Feb 07, 2025 11:43 AM IST

RBI MPC meeting 2025: RBI likely to cut repo rate. When and where to watch?

RBI MPC meeting 2025: The new RBI Governor Sanjay Malhotra will announce the MPC's interest rate decision on Friday, February 7, 2025.

RBI MPC meeting 2025: Sanjay Malhotra, governor of the Reserve Bank of India (RBI), during a news conference in Mumbai, India, on Wednesday, Dec. 11, 2024.(Dhiraj Singh/Bloomberg)
Published on Feb 07, 2025 09:26 AM IST

Can’t predict with US tariffs, we need to be watchful, says FM Sitharaman

Budget discussions highlight income tax cuts, taxpayer respect, and a focus on simplification, aiming to boost consumption and compliance.

Nirmala Sitharaman, Union finance minister (Sanchit Khanna/HT)
Updated on Feb 03, 2025 08:01 AM IST
ByRajeev Jayaswal, , Utpal Bhaskar

What the budget does for demand

The budget focuses on economic prudence, maintaining income support allocations, while reducing income taxes to boost middle-class purchasing power and demand.

What the budget does for demand
Published on Feb 02, 2025 06:36 AM IST

Need new round of reforms to benefit from earlier ones

The world has changed dramatically, but is that the reason for the growth to taper off? 

FILE PHOTO: A general view of a market in New Delhi, India, September 6, 2023. REUTERS/Francis Mascarenhas/File Photo (REUTERS)
Published on Jan 30, 2025 08:04 PM IST
ByArindam Bhattacharya 

Potential targets for the Union Budget

Spending the allocated FY25 capex in the near term and going ahead with next-generation reforms will be among the cornerstones of Budget FY26

FILE PHOTO: A general view of a market in New Delhi, India, September 6, 2023. REUTERS/Francis Mascarenhas/File Photo (REUTERS)
Published on Jan 28, 2025 08:18 PM IST

Finance ministry charts path to $5 trillion by FY29

In its note, the finance ministry said India was a $3.57 trillion economy in FY24 and that at the annual trend growth of around 6.5-7%, the target of $5 trillion would be achieved by 2028-29

India is better positioned than the global economy, the finance ministry noted. (AFP)
Updated on Jan 11, 2025 06:54 AM IST
By, Rajeev Jayaswal, New Delhi

Rekindle the animal spirits

Creating mass demand, leading to a boom in investment, is necessary; encouraging consuming classes to spend will help

Women shop for Christmas decorations at a roadside market in Ahmedabad, India, December 24, 2024. REUTERS/Amit Dave (REUTERS)
Updated on Jan 08, 2025 08:19 PM IST
ByHT Editorial

Why farm growth held up as key sectors decelerated

India's farm sector is projected to grow 3.8% in 2024-25, driven by good monsoon and higher cereal output, despite overall GDP growth slowing to 6.4%.

Agriculture and its sub-sectors are projected to grow 3.8% against a target of 4% on the back of a good monsoon (Representative photo)
Updated on Jan 08, 2025 08:09 PM IST

GDP growth to hit 4-yr-low of 6.4% in FY25: Govt estimate

India's GDP is projected to grow 6.4% in 2024-25, down from 8.2% in 2023-24, due to reduced investment, impacting fiscal and monetary policies ahead.

The National Statistical Office (NSO) released the first advanced estimates of GDP for the fiscal year 2024-25 on Tuesday projecting a GDP growth of 6.4%. (Bloomberg)
Updated on Jan 08, 2025 06:22 AM IST

India’s economy projected to grow 6.4% in FY25, the slowest in four years

The slower expansion of Asia’s third largest economy comes in the wake of higher interest rates amid elevated inflation, especially of food commodities.

Representational image.
Published on Jan 07, 2025 04:54 PM IST

Italy approves 2025 budget focusing on tax cuts and debt control measures

Over half of the package, worth some 30 billion euros ($31 billion), is devoted to cuts on tax and social security contributions for low, middle-income earners

Giancarlo Giorgetti, Italy's finance minister, speaks during a World Savings Day event in Rome, Italy, on Tuesday, Oct. 31, 2023(Alessia Pierdomenico/Bloomberg)
Published on Dec 28, 2024 06:15 PM IST
AFP |

India to regain growth momentum in Q3: Goyal

Official data released on November 29 showed GDP growth rate slowing down to a seven-quarter low at 5.4% in Q2 of FY25

Commerce and industry minister Piyush Goyal (Sanjeev Verma/HT PHOTO)
Updated on Dec 13, 2024 08:02 AM IST
ByRajeev Jayaswal

RBI governor Shaktikanta Das, who kept a hawk’s eye on inflation, ends innings

Shaktikanta Das steadied the economy through unprecedented crises, such as the pandemic, and a spell of global price spiral, which stoked India’s domestic inflation.

RBI governor Shashikanta Das leaving the RBI building in Mumbai after completing his term on Tuesday. (HT Photo/Anshuman Poyrekar)
Updated on Dec 10, 2024 06:57 PM IST

Stalled demand, sluggish growth

RBI holds interest rates steady, revises growth forecast down to 6.6% for 2024-25, citing demand-side issues, while inflation remains a key focus.

Mumbai: Security personnal outside the Reserve Bank of India headquarters, in Mumbai, Friday, Dec. 6, 2024. The RBI on Friday raised the inflation projection for current fiscal year to 4.8 per cent from 4.5 per cent with Governor Shaktikanta Das saying lingering food price pressures are likely to keep headline inflation elevated in the December quarter. (PTI Photo/Shashank Parade) (PTI)
Updated on Dec 06, 2024 08:54 PM IST
ByHT Editorial

Why RBI cut CRR to 4% and reduced GDP growth forecast to 6.6%

The CRR cut would release about ₹ 1.16 lakh crore of liquidity to the banking system, despite the repo rate being kept unchanged at 6.5% for the 11th time.

Shaktikanta Das, governor of the Reserve Bank of India (RBI)(Bloomberg)
Published on Dec 06, 2024 01:23 PM IST

GST mop-up fourth highest ever but red flags in laggard states

GST revenue in November hit ₹1.82 lakh crore, marking a 8.5% increase from last year, despite slow growth in key states and a GDP dip to 5.4%.

The goods and services tax (GST) revenue in November grossed over <span class='webrupee'>₹</span>1.82 lakh crore, the fourth highest monthly collection ever. (Ministery of Finance X)
Updated on Dec 02, 2024 04:53 AM IST
ByRajeev Jayaswal, New Delhi

GDP numbers a cause for worry

India's GDP growth slowed to 5.4%, driven by weak manufacturing and investment. The global environment poses further challenges.

Unfortunately for India, the global environment is going to be far from conducive to boost growth
Published on Dec 01, 2024 07:56 PM IST
ByHT Editorial

5.4%: Q2 GDP growth slowest in seven quarters

India's GDP grew 5.4% in Q2, below forecasts, due to weak manufacturing and consumption amid high inflation and borrowing costs.

From a sector-wise perspective, the loss of economic momentum is essentially rooted in what is called the secondary sector which comprises manufacturing, construction and electricity, gas, water supply and other utility services.(AFP)
Updated on Nov 30, 2024 04:56 AM IST

US economy grew at solid 2.8% pace last quarter on strength of consumer spending

The US economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth.

Shoppers and pedestrians on Broadway in the Soho neighborhood of New York, US, on Monday, Jan. 22, 2024. (Bloomberg)
Published on Oct 30, 2024 06:15 PM IST
AP | | Posted by Shweta Kukreti

Economy ‘satisfactory’ in H1 of fiscal; choppy waters ahead: Finmin report

The Reserve Bank of India (RBI) projected a more optimistic growth figure, forecasting real gross domestic product (GDP) growth at 7.2% for 2024-25

Nirmala Sitharaman
Updated on Oct 29, 2024 07:42 AM IST
ByRajeev Jayaswal, New Delhi

Rate cut with 7% of growth never happened in India or globally: SBI

The Reserve Bank of India (RBI) has projected India's real GDP growth for FY25 at 7.2 per cent, post Monetary Policy Committee (MPC) meeting.

The report raises the intriguing possibility that the RBI might be laying the groundwork for a rate cut, despite the strong momentum in economic growth.
Published on Oct 10, 2024 10:50 AM IST
ANI |

RBI projects 7.2% GDP growth for FY25, CPI inflation to moderate at 4.5%

RBI forecasts India's FY25 GDP growth at 7.2%, with CPI inflation moderating to 4.5%.

Reserve Bank of India (RBI) Governor Shaktikanta Das delivers the Monetary Policy statement.(PTI)
Published on Oct 09, 2024 11:16 AM IST
ANI |

Pakistan economy grows faster than expected buoyed by IMF loan, lower rates

Pakistan's economy grew 3.07% last quarter, surpassing forecasts due to IMF funds and lower interest rates.

Pakistan's GDP rose 3.07% in the last quarter, aided by IMF funds and lower borrowing costs. The government anticipates 3.6% growth by June 2025, with strong agricultural performance and easing inflation contributing to recovery.(AFP)
Published on Oct 01, 2024 10:13 AM IST
Bloomberg |

UK economy grew by slower-than-thought 0.5% in Q2

The UK economy's growth slowed to 0.5% in Q2, down from 0.6%, raising concerns for Prime Minister Keir Starmer's growth targets.

British Prime Minister Keir Starmer is seen. (Reuters)
Published on Sep 30, 2024 04:01 PM IST
Bloomberg |

India to clock 7% growth in FY25 despite headwinds, Deloitte South Asia CEO says

Shetty, the youngest CEO of a Big Four firm in India, said inflation is reasonably under control, rural demand has picked up, and vehicle sales are improving

According to Deloitte projections, growth is likely to be 6.7 per cent in the next fiscal year (2025-26). The Indian economy grew 8.2 per cent in the previous fiscal year -- 2023-24. (Representational Image/Pixabay)
Published on Sep 22, 2024 04:22 PM IST
PTI |

Canada's unemployment rate at 6.6%, surges past seven year high outside of pandemic

CANADA-ECONOMY/EMPLOYMENT (CORRECTED, UPDATE 1):CORRECTED-Canada's unemployment rate at 6.6%, surges past seven year high outside of pandemic

Canada's unemployment rate at 6.6%, surges past seven year high outside of pandemic
Published on Sep 06, 2024 06:13 PM IST
Reuters |

Gautam Adani on Hindenburg report: ‘It was not a typical financial strike…’

Gautam Adani asserted that India is on a path to a $30 trillion economy by 2050, with significant GDP growth anticipated.

Gautam Adani speaks during an interview in Ahmedabad.(Reuters)
Updated on Sep 06, 2024 08:48 AM IST
SHARE
  • 1
  • 2
  • 3
  • ...
Story Saved
Live Score
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Wednesday, February 19, 2025
Start 14 Days Free Trial Subscribe Now
Follow Us On