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India's Q1 GDP growth News

04 Sep 2017

RBI to stay on hold even after disappointing GDP data: Nomura

From the RBI's perspective, the GDP data are disappointing, but the current slowdown is largely due to GST, which should be seen as transitory, Japanese financial services major said, adding the cash-intensive sectors like trade, transportation and construction are rebounding.

India's GDP Growth

01 Sep 2017

Demonitisation, pre-GST destocking reasons for drop in Q1 GDP

Experts feel demonitisation and huge destocking before the launch of the Goods and Services Tax (GST) can be the reasons for the unexpected slow down of India`s economic growth to 5.7 percent in the June quarter, the slowest pace in three years.

India's GDP Growth

30 Aug 2017

'GDP growth to slow down to 6% in Q1, better to track GVA'

Explaining the lower GDP growth as against the GVA growth, HSBC said a large subsidy outgo will likely depress the net indirect taxes (NIT) growth which will result in slower GDP.

India's economic growth

31 Aug 2016

GDP slowdown in Q1 due to higher subsidy outgo: Das

Attributing the slowdown in first quarter GDP to higher subsidy outgo, Finance Ministry on Wednesday expressed confidence that good monsoon and impact of pay commission award will push the economic growth close to 8 percent in the current fiscal.

India's GDP Growth

31 Aug 2016

GDP growth rate slows to 7.1% in Q1

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India's economic growth

30 Aug 2014

Credit for GDP uptick should go to UPA govt: Chidambaram

Observing that the first quarter is the period between April and June 2014, he said it was the UPA government that was in charge until May 26, 2014.

India's economic growth

29 Aug 2014

India Inc cheers GDP growth, expects further rise in economy

India's Gross Domestic Product had expanded by 4.7 percent in April-June quarter of the last fiscal ended March 31.

India's economic growth

30 Aug 2014

Modi effect: Economy bounces back to 5.7% in Q1, highest in over 2 years

Buoyed by performance of mining, manufacturing and services sector, Indian economy has bounced back to record a growth rate of 5.7 percent.

India's economic growth

29 Aug 2014

Modi Effect: India's economic growth hits over 2.5 years high of 5.7% in Q1

India`s faltering economy grew at its fastest pace in over 10 quarters during the first quarter of this year, government data showed on Friday.

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