New Delhi: The Ministry of Statistics and Programme Implementation (MoSPI) reduced the number of estimates and the timeline for releasing final estimates for GDP by one year, by doing away with the third revised estimate. The ministry will now release five GDP numbers instead of six, with the final revision coming nearly two years from … Read more
MUMBAI: The rupee appreciated 4 paise to 82.85 against the US dollar in early trade on Friday on the back of robust GDP data and massive inflow of foreign funds in the domestic capital markets. A positive sentiment in the equity markets also supported the local currency, though the higher level of the dollar index … Read more
NEW DELHI: Government will have to either trim expenditure or target higher revenue to meet the 5.9% fiscal deficit target for the current financial year as the nominal GDP is estimated to grow slower than the budget estimate.Against an estimated nominal GDP of around Rs 302 lakh crore, which translated into 10.5% growth, the National … Read more
MUMBAI: Domestic equities kicked off December on a high note, with the benchmark Nifty 50 scaling fresh lifetime highs, as foreign investors were buoyed by the robust GDP data and upbeat global markets. On Friday, the Nifty 50 ended at 20267.90 points, clocking more than 2% weekly gains. The Sensex too, clocked more than 2% … Read more
While the smallcap and midcap indices have already been hitting new peaks every other day, it took the twin triggers of exit poll and GDP data for Nifty to scale above its previous peak of 20,222 hit on September 15 today. While the Q2 GDP growth rate at 7.6% surpassed all expectations, Street favourite BJP … Read more
Home Business GDP Grows by 7.8 Per Cent in First Quarter of 2023-24, Reveals Govt Data GDP grows by 7.8 pc in Q1 of 2023-24 compared to 13.1 pc in year-ago quarter, says NSO data. India Q4 GDP Results: FY23 Fiscal Deficit Narrows To 6.4% Of GDP YoY, Meets Budgeted Goal (Image: Pixabay) New Delhi: … Read more