GDP slowdown? First estimate is not the last word: What past data shows
GDP estimation undergoes several revisions over a period of time but the first advance estimates form the basis of projections in the Union Budget, presented in early February.
ExplainSpeaking: What the latest GDP estimates tell about the state of India’s economy
At the current exchange rate of 85 rupees to a dollar, India’s GDP in FY25 will be $3.8 trillion. If India’s exchange rate had not fallen from around 61 rupees to a dollar in 2014 then today, India could have boasted of becoming a $5 trillion economy ($5.
SBI sees India's FY25 GDP at 6.3% with downward bias
SBI projects India's GDP growth to be 6.3 per cent in FY25 with a downward bias due to challenges. This is below the previous year's estimate of 6.4 per cent and four-year low. Real GDP growth is expected to decelerate,
India's GDP Growth Expected At 6.3% In FY 2024-25, Slightly Below Government's Estimate, Says SBI Research
Historically, the difference between the estimates of the Reserve Bank of India and the NSO is always in the range of 20-30 bps and hence the 6.4% estimate for the 2024-25 fiscal year is along expected and reasonable lines,
India's GDP Growth Pegged At 6.4% for FY25, Slowest Since Pandemic; What Does It Mean?
The National Statistics Office (NSO) and Ministry of Statistics and Programme Implementation (MoSPI) has announced the first advance estimates of annual GDP growth rate to 6.4% for FY25. This will be the slowest growth since the pandemic,
India's GDP Growth Likely To Hit 4-Year Low At 6.4% In FY25, Says Govt Data: What It Means for The Economy
India's GDP growth for 2024-25 is projected at 6.4%, a four-year low, as per NSO data. Manufacturing growth slows to 5.3%, and services to 5.8%, while agriculture improves to 3.8%. Nominal GDP is estimated at Rs 324.
GDP growth likely to be 6.3% in FY25, tad below Centre estimates, says SBI report
The worrying aspect of the demand is marked slowdown in gross capital formation, SBI's study said, adding that the capital formation nominal growth declined 270 bps to 7.2%
India forecasts 2024/25 economic growth of 6.4%, slowest in four years
India forecast annual growth of 6.4% in the year ending in March, the slowest in four years and below the lower end of government's initial projection, dragged by a weaker manufacturing sector and slower corporate investments.
India GDP Growth Rate FY 2025: Lowest in 4 years! What first estimates show
GDP growth estimate of 6.4 per cent in the lowest in 4 years. India GDP Growth Rate FY 2025. The government sees the FY25 nominal GDP growth at 9.7 per cent vers
Centre estimates GDP growth at 6.4% in FY25
India's economy is set to slow to a four-year low of 6.4% in 2024-25, due to a decline in manufacturing and weak investment. The farm sector's strong growth and increased rural consumption offer some relief,
GDP growth likely to slip to 4-year low of 6.4 pc in FY25: Govt data
India's economic growth rate is estimated to slip to a four-year low of 6.4 per cent in 2024-25, mainly on account of poor showing by the manufacturing and services sector, according to government data released on Tuesday.
Per capita nominal GDP in FY25 to grow by Rs 35,000 more than FY23: Economists
Despite a slowdown in real GDP growth, per capita nominal GDP in India is expected to increase significantly in FY25, by at ...
ThePrint16h
India’s per capita nominal GDP to increase by Rs 35k in FY25 despite slower overall growth: SBI
Despite a slowdown in real GDP growth and stagnant nominal GDP growth, per capita nominal GDP is expected to rise ...
India's fiscal deficit at risk as nominal growth falls short of expectations
As a result, the nominal GDP base, the foundation for all budget calculations, is expected to fall short by approximately ...
Businessworld11h
India’s Per Capita Nominal GDP To Rise By Rs 35K More Than FY23 In FY25: SBI Report
Despite a slowdown in the real gross domestic product (GDP) growth and nominal GDP growth remaining almost stagnant, India’s ...
Nikkei Asia1h
Japan GDP to receive $88bn boost from including data assets
TOKYO -- Japan is moving to incorporate the value of data in its gross domestic product based on new calculation standards by the United Nations, a move seen lifting the country's nominal GDP by ...