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QUARTERLY GDP DATA IMPACT
India GDP forecast stays at 7%, uncertainty range remains wide: Economist Arvind VirmaniEconomist Arvind Virmani has retained his India GDP growth forecast at 7% for the year, with an uncertainty range of plus or minus 1%, citi...
Fuel, finance shocks already hitting global economy; India better placed but not insulated: Neelkanth MishraHigher fuel costs and tighter financial conditions are significantly affecting global demand and capital costs. India is comparatively bett...
G20 ministers discuss curbing impact of govt-backed excess manufacturing capacities: Piyush GoyalG20 trade ministers focused on preventing unfair manufacturing practices caused by government-supported large production capacities. Discus...
Finance ministry sees Q2 FY27 GDP growth at 7.3%, flags trade, crude and AI risksThe finance ministry expects India’s real GDP to grow 7.3% in Q2 FY27, above the RBI’s 6.4% forecast, but warned that global uncertainties ...
A look at France's public debt as economy takes centre stage in French Presidential electionFrance's public debt has climbed to unprecedented levels, currently reaching 119 per cent of its GDP. The increasing debt burden poses sign...
Buoyant Q2 demand for consumer goods lifts festive sales outlookConsumer demand in India saw significant growth during the July-September quarter, particularly in appliances and FMCGs. Sales of air condi...
US economy second quarter growth: GDP grows 2.2 percent as consumer spending and business investment riseThe US economy grew 2.2 percent in the second quarter from April to June, the Commerce Department announced recently. Consumer spending and...
RBI’s wait and watch phase is over as inflation demands a rate hikeRBI has maintained its policy rate at 5.25% but is facing significant inflation pressures. Retail inflation has risen above the target of 4...
CEA warns of looming oil and rate pressures in India’s H2, sees Q2 growth at 7.3%Chief Economic Adviser V Anantha Nageswaran noted that the second half of the fiscal year would be challenging. Rising oil prices and incre...
India’s external financial health improves marginally in Q1 FY27 amid global headwindsIndia’s external financial position improved marginally in Q1 FY27, RBI data showed. External debt rose $15.4 billion to $778.2 billion, wh...
India’s external debt rises to $778.2 billion in June quarter: RBIIndia's total external debt rose by USD 15.4 billion to reach USD 778.2 billion by June 2026. The external debt-to-GDP ratio showed a sligh...
US economy picks up pace, grows 2.2% as consumer spending, AI investment surgeThe US economy grew at a 2.2% annual pace in the second quarter, up from the government’s earlier 1.5% estimate, as consumer spending and b...
Global Market: European shares head for first monthly decline in six months as yields riseEuropean shares were set for their first monthly decline in six months as Middle East tensions, higher energy prices and rising bond yields...
India a 'bright spot' amid uncertainty: Shaktikanta DasIndia recorded average annual real GDP growth of 7.9% between 2021-22 and 2025-26, while growth in the first quarter of 2026-27 stood at 7....
HSBC expects RBI to raise repo rate by 50 bps in FY27 amid strong growth, inflation pressuresIndia's GDP growth in the second quarter of FY26 surpassed the Reserve Bank of India's forecast of 7 percent. The growth prompted forecasts...
US hiring appetite is healthy as economy powers aheadThe labor market in the US is poised for notable growth as nonfarm payrolls are anticipated to climb in September. Economists foresee the u...
Where's the GDP debate? The world is raising a toast to IndiaIndia’s 7.8% growth has the world taking notice. Fitch, S&P and Moody’s have all raised their forecasts, even as questions over the GDP num...
Estimating is not fudging: Decoding the needless jump from 'GDP is estimated' to 'GDP can't be trusted'India poses an exceptionally difficult statistical challenge because hundreds of millions work on farms, tiny shops, construction sites and...
India's new GDP series: GST, corporate data drive new methodologyIndia's revamped GDP calculation incorporates extensive corporate filings and GST data, as revealed by the statistics ministry. This update...
Manufacturing a bright spot; services presents a mixed bag: Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank"Despite the ongoing debate around the new GDP series, real GDP growth remained robust at 7.8% in the first quarter, highlighting the econo...