GDP

Mumbai: Real-time payments are forecast to boost India's GDP by $45.9 billion in 2026 as real-time payments transaction volumes are set to exceed 206 billion by that time, a new report showed on Tuesday. In 2021, India accounted for the…

New Delhi:  Accelerated economic recovery along with enhanced compliance pushed India's FY22 tax collection to Rs 27.07 lakh crore, almost Rs 5 lakh crore above the Union budget's estimate of Rs 22.17 lakh crore. Accordingly, the current…

Mumbai: Reserve Bank of India on Friday lowered India's FY23 GDP growth projection to 7.2 per cent from an earlier estimation of 7.8 per cent. In a statement after the Monetary Policy Committee's bi-monthly meet, RBI Governor Shaktikanta…

Mumbai:  Greater trade deficit is expected to widen India's current account deficit to 1.5 per cent of the GDP in FY22. Notably, India's current account was in a surplus of 0.9 per cent in FY21. The recent data showed that a wider…

Mumbai:  Global trends surrounding the evolving Russia-Ukraine crisis as well as key domestic macro-economic data points will set the course for the Indian equity market's trajectory in the coming week. Besides, investors will watch out…

Moscow: Russia's GDP rose 4.7 per cent in 2021, according to preliminary data provided by the country's Federal Statistics Service. The GDP increase was linked to "a revival of production, which was accompanied by an increase in demand…

New Delhi:  India's FY22 GDP growth is expected at 9.5 per cent with downside risks, said Acuite Ratings & Research on Thursday. The ratings agency cited that adverse impact of elevated commodity prices and the potential financial…

Mumbai: India's GDP is expected to grow at 7.8 per cent in FY2022-23, said RBI Governor Shaktikanta Das on Thursday. In a statement after the Monetary Policy Committee's bi-monthly meet, Das said the real GDP growth is projected at 17.2…

New Delhi: The National Gross Expenditure on Research and Development (GERD) in Science and Technology sector during the past three years was pegged at 0.7 per cent of the Gross Domestic Product (GDP), the Parliament was told on Wednesday.…

New Delhi:  India's GDP contraction, due to the impact of Covid pandemic, narrowed down to (-) 6.6 per cent in FY21 from an earlier projection of (-) 7.3 per cent on a year-on-year basis, the First Revised Estimates for 2020-21 showed on…