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5.4% GDP growth doesn't indicate systemic slowdown
GDP growth in Q3 to make up for Q2 loss: FM Nirmala Sitharaman
This is the finance minister's first statement on growth after the lower-than-expected GDP growth witnessed in Q2 and indicators showing a marked slowing of urban consumption.
RBI explains why GDP growth slowed in Q2
The main problem is investment on the demand side and manufacturing on the supply side, says RBI deputy governor Michael Patra.
5.4% GDP growth doesn't indicate systemic slowdown: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman asserted that the slower second-quarter growth doesn't signal a systemic slowdown, attributing it to reduced public spending during the election season. She anticipates a rebound in the third quarter and maintains India's position as the fastest-growing major economy for the coming years,
December quarter will make up for poll-induced growth slowdown: Nirmala Sitharaman
The finance minister conceded, however, that the plateauing of consumption demand in developed economies was a matter of concern for India’s exports.
‘GDP slowdown in Q2 not systematic, economic activity to compensate’: Nirmala Sitharaman
The country's GDP growth rate stood at 5.4% during the July-September quarter of FY25, the lowest in seven quarters.
GDP slowdown in Q2 not systemic, Q3 to compensate for moderation: FM Sitharaman
Finance Minister Nirmala Sitharaman attributed India's recent GDP slowdown to reduced public spending, not systemic issues. She anticipates the third quarter will compensate for this, maintaining India's position as the fastest-growing major economy.
FM Sitharaman dismisses systemic slowdown fears, expects Q3 recovery
Finance Minister Nirmala Sitharaman has reassured that the 5.4% GDP growth in Q2, a seven-quarter low, does not signal a systemic slowdown. She expressed confidence that the economy will bounce back in Q3.
Accounting Today
5h
KPMG forecasts slight global growth, then a dampening
KPMG International forecasts slight growth in global GDP in 2025, then dampening in 2026 due to post-election policies in the ...
2d
on MSN
China can accept GDP growth of less than 5%, says People's Daily
China is not wedded to achieving specific GDP growth rates, and a pace of less than 5% for the economy is acceptable as there ...
NewsX
22h
‘RBI Cuts GDP Growth Forecast For FY25 To 6.6% From 7.2%’, Announces Governor Shaktikanta Das
RBI lowers India's GDP growth forecast for FY25 to 6.6% from 7.2%, citing weak industrial growth and inflationary pressures.
2d
on MSN
US Economic Growth Projected To Slow Over Next Two Years
The U.S. economy is predicted to slow in growth, according to reports by the Organisation for Economic Co-operation and ...
1d
on MSN
CNBC's Inside India newsletter: What lies ahead for India after a big GDP growth miss?
The recent growth number for the second fiscal quarter, has put a dent on the optimism towards India as experts question what ...
1d
Denmark raises 2025 GDP outlook, benefits from Novo Nordisk's growth
Denmark has again raised its outlook for economic growth, fuelled by the expansion of the country's pharmaceutical industry ...
17h
on MSN
RBI Lowers FY25 GDP Growth Rate By A Huge 60 Bps, Says Slowdown Bottomed Out In Jul-Sep
Reserve Bank of India Governor Shaktikanta Das, in the monetary policy meeting announcements, lowered the estimated GDP ...
ABP Live on MSN
7h
RBI MPC: Central Bank Slashes FY25 GDP Growth Forecast To 6.6% Amid Economic Slowdown
India's GDP growth for the July-September quarter of 2024-25 dropped to a seven-quarter low of 5.4 per cent, falling short of ...
2d
Thai business group sees GDP growth at 2.8% this year, risks ahead
Thailand's economy is expected to grow 2.8% this year, the top end of a previous forecast range of 2.6% to 2.8%, helped by ...
cnbctv18
22h
RBI cuts India's growth estimate but says the GDP slump 'bottomed out' in Q2
The decision to revise the GDP growth projections lower came after India's GDP growth for the September period fell to the ...
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