Fuel tax cut necessary to restart consumption: CII President Sanjiv Bajaj
Bajaj calls for collaborative efforts of state and the central governments in cutting taxes.
gdp growth
May 2022
April 2022
March 2022
February 2022
4.9 mn at risk of being jobless in FY23
The estimated GDP growth of 7.5% for FY23 is likely to create 6 million jobs, which is grossly insufficient, claims CMIE.
Consumer sentiment recovery only by end FY23: CMIE
Slow consumer sentiments recovery could be detrimental for the already shaken Indian economy as depressed consumer sentiments will impact consumer spending.
Rising crude price hurdle for 8% GDP growth in FY23: FinMin
Finance ministry is hopeful of Indian economy's resilience on the back of the government’s thrust on infrastructure and the improved corporate profitability.
India to be among fastest growing economies with 7.7% growth in 2023: KPMG
Inflation will come down from 6.2% in 2021 to 5.4% in 2022 and 4.5% in 2023, says KPMG.
Ficci survey lowers FY23 GDP growth to 7.4%
The survey mentions that the Russia-Ukraine conflict is likely to further aggravate price rise through imported commodities.
India Ratings cuts FY23 GDP forecast to 7-7.2%
The rating agency lowered India's GDP growth forecast due to the Russia-Ukraine war.
Construction, manufacturing key areas of concern: Q3 GDP data
A closer look beyond the headline numbers reveals that manufacturing and construction still remain a pain point in the economy.
India's Q3 GDP grows 5.4%; FY22 growth revised downwards
For fiscal 2021-22, real GDP growth estimate was revised downwards to 8.9% compared with the earlier forecast of 9.2%.
Moody’s upgrades 2022 India GDP forecast to 9.5%
Sales tax collection, retail activity and PMIs suggest solid momentum, but high oil prices and supply distortions remain a drag on growth, Moody's says.
