ICRA has forecast the year-on-year growth of the GDP and gross value added (GVA) at basic prices (at constant 2011-12 prices) at 20 percent and 17 percent respectively in Q1 FY2022, benefitting from healthy Central and state government capital spending, robust merchandise exports and resilient demand from the farm sector. […]
Read Time : 2 Minutes
China has become the only major economy in the world the end up with positive GDP growth in 2020
China has become the only major economy in the world the end up with positive GDP growth in 2020. Data released by China’s National Bureau of Statistics put GDP growth in the December quarter at 6.5%. This has catapulted the annual growth figure for 2020 to 2.3%, despite a 6.8% […]
Read Time : 2 Minutes
Sensex falls over 100 points ahead of GDP data
Market benchmark BSE Sensex dropped over 100 points in early trade on Friday tracking losses in in index-heavyweights RIL and ICICI Bank ahead of quarterly GDP growth data release. Retreating from its lifetime peak scaled in the previous session, the 30-share index was trading 158.97 points, or 0.39 per cent, […]