India’s GDP increased at 6.3% between July-September
According to information made public by the National Statistical Office, the gross domestic product (GDP) increased by 8.4% in the quarter from July to September of 2021–2022. (NSO).
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According to information made public by the National Statistical Office, the gross domestic product (GDP) increased by 8.4% in the quarter from July to September of 2021–2022. (NSO).
The Reserve Bank of India (RBI) on Friday lowered its prediction for India's GDP for the fiscal year 2022–2023 from 7.2% to 7%.
India's GDP increased by 4.1% the preceding quarter (Q4FY22)
Shaktikanta Das, Governor of the Reserve Bank of India, indicated on Friday that the real GDP growth prediction for the fiscal year 2022–2023 is maintained at 7.2 percent.
United Kingdom's Gross Domestic Product (GDP) unexpectedly fell in April, raising fears of a dramatic slowdown just three days before the Bank of England reveals the amount of its latest interest rate.
The United Nations Conference on Trade and Development (UNCTAD) study reduced its global economic growth forecast for 2022 to 2.6% from 3.6%.
The expansion in GDP during 2021-22 is expected to be at 8.9% as against to a squeeze of 6.6% in 2020-21, as per the data announced by the National Statistical Office.
Real GDP growth has been projected at 7.8% for FY 22-23. CPI inflation for FY 22-23 is at 4.5% announces RBI Governor.
The global economic growth is expected to be at 4.4% for 2022 & it is likely to be slow down to 3.8% in 2023.
The economy had succumbed by 7.3 per cent in the previous financial year.
India’s GDP is likely to grow more than 9.5% this year according to the SBI research report.
In the first quarter of FY 22, the economy expanded by 20.1 per cent. For fiscal 2022, RBI has rated real GDP growth at 9.5 per cent — 7.9 per cent in Q2, 6.8 per cent in Q3 and 6.1 per cent in Q4.
The rating agency expects India's real GDP growth to be average around 6% over the medium term, reflecting a potential activity recovery as conditions normalise.
The upcoming budget will be the fourth budget of the Modi 2.0 government and Finance Minister Nirmala Sitharaman.
The World Wildlife Fund for Nature (WWF) stated the pollution, emissions, and cleanup expenses of plastic produced in 2019 alone could be $3.7 trillion, warning of the environmental and financial burden of this "seemingly cheap" material.
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