Shying from multilateral trade bodes ill for GDP growth
Apart from denying exports-led growth opportunity, India’s aversion to trade with big and powerful blocs would shut the door to global supply and value chains
gdp growth
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May 2022
India Ratings cuts FY23 GDP growth forecast to 6.9%
Ind-Ra's estimate shows that even if GDP grows at 7.6% every year after FY23, then also India would be able to catch up with pre-pandemic trend growth only by FY35.
As China faces headwinds, India likely to benefit: SBI
Apple's decision to shift production of its flagship iPhone 14 model to India should open the floodgates for other major conglomerates to follow suit, says SBI.
GDP growth to spike to four-quarter high of 13% in Q1: ICRA
The recent moderation in commodity prices, if sustained, should help to ease inflationary as well as margin pressures, says ICRA.
FICCI downgrades India's GDP growth forecast to 7% for FY23
The downgrade is owing to continuing geopolitical uncertainty and its repercussions on India's economy, says FICCI survey.
India GDP growth to decline, capex to support momentum: FinMin
India’s GDP growth is expected to slowdown, but remain higher than other emerging market economies and highest among major countries, the ministry says.
Fitch revises India outlook to stable on recovery, growth prospects
The rating also balances India's external resilience from solid foreign-exchange reserve buffers against some lagging structural indicators.
World Bank slashes India's GDP growth forecast to 7.5%
This is the second time that the World Bank has revised down its GDP growth forecast for India in the ongoing financial year.
RBI MPC meet: Analysts see 50 bps repo rate hike to curb inflation
Analysts think governor Shaktikanta Das-led RBI MPC will hike the repo rate by up to 50 bps to 4.9% to curb rising inflation; expect to move away from ‘ultra-accommodative’ stance.
FY22 GDP growth to be at 8.2-8.5%; uncertainties plague Q4 numbers: SBI
The gap between GVA and GDP numbers in Q4 due to strong growth in tax collections could push up the GDP significantly, even as GVA might be much lower, says SBI report.
