Tag: GDP

India registers a record 20.1% YoY jump in GDP estimates for Q1FY22 – is it impressive or a glass half full?

Posted: September 8, 2021 at 2:39 pm | Author: Manish Marwah

The current growth is on a low base of previous year during the corresponding quarter after the economy went to a standstill because of nationwide lockdown  The Government announced estimates of the Gross Domestic Product (GDP) of the country for the April-June quarter of the financial year (FY) 2021-22 (April-March) which shows a record increase […]

RBI’s revised GDP growth estimates reflective of difficult road ahead for economy; employment, consumption to hold key for recovery

Posted: August 4, 2021 at 5:48 am | Author: Manish Marwah

Urban demand reflected in high frequency indicators like electricity consumption, railway freight traffic, port cargo, steel consumption, cement production, e-way bills and toll collections – recorded sequential moderation in April-May as manufacturing and services get hit due to second wave The latest Gross Domestic Product (GDP) numbers released by the Government for the financial year […]