[ad_1] Fitch lowered India’s economic growth for 2022/23 to 7.8% from the 8.5% it had forecast in March, saying the inflationary impacts of the global commodity price shock were dampening […]
Tag: gdp
India’s GDP grew by 8.7% in FY22 after 6.6% contraction previous fiscal
[ad_1] However, growth in the January-March period was slower than the 5.4 per cent expansion in the previous October-December quarter of 2021-22. India’s economy or GDP grew by 4.1 per […]
Fiscal deficit for 2021-22 at 6.7% of GDP, lower than earlier estimate: Centre
[ad_1] For the last financial year, the government had initially pegged the fiscal deficit at 6.8% of the GDP. Fiscal deficit for 2021-22 worked out to be 6.71 per cent […]
IMF says India must do this to boost GDP growth potential
[ad_1] A crisis in India’s shadow banking sector and the Covid pandemic contributed to the downward revision of its five-year GDP growth potential – from 7 per cent to 6.2 […]
Govt’s tax revenue in FY22 jumps 34% at ₹27 lakh cr crossing target by ₹5 lakh cr
[ad_1] The Union government’s total tax revenue jumped 34% to ₹27.07 lakh crore in 2021-22, which is about ₹5 lakh crore more than the Budget estimate that shows rapid economic […]
India’s GDP grows by 5.4% in October-December quarter of 2021-22
[ad_1] The Indian GDP had expanded by 0.7 per cent in the corresponding quarter of the previous financial year. Indian economy grew by 5.4 per cent in the October-December quarter […]