MPC Meet: After strong Q2 growth, RBI ups FY24 GDP estimate to 7%
Shaktikanta Das says the October-December quarter growth now seen at 6.5% up from 6% predicted earlier
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Strong Q2 GDP effect! SBI, ICRA, Morgan Stanley raise FY24 growth forecast for India
India's GDP grew 7.6% YoY in Q2, higher than the RBI’s forecast of 6.5%
India's 7.6% GDP growth in Q2 beats expectations
This is higher than the monetary policy committee's forecast of 6.5% GDP growth in Q2.
Q2 GDP to be at 6.9%-7.1%; to push up FY24 growth rate: SBI
Domestically, growth indicators point towards a steady uptick, though concerns about global growth remain, says SBI Research
Q2 GDP in line with expectations, on track for 6.8-7% growth in FY23: CEA
“Indian economy is growing despite the global monetary tightening and commodity price shock caused by the geo political situation,” says CEA Anantha Nageswaran
India’s GDP growth slows to 6.3% in July-Sept period
Q2 GDP growth eases due to lack of favourable base effect; in terms of GVA, growth for Q2 stands at 5.6%, a dip from 8.3% in year-ago period.
Covid effect: China’s economic growth slumps to 0.4% in June quarter
China’s GDP fell 2.6% on a quarter-on-quarter basis, while it stood at 2.5% for the first half of the year.
Rising informal employment eclipses GDP recovery
As formal and well-paying jobs continue to disappear, reverse migration to informal and low-paying work could hit economic growth.
