Q1 GDP growth seen at 14-15% on services’ revival

Q1 GDP growth seen at 14-15% on services’ revival

The Indian economy likely grew at 14-15% in the first quarter of the current fiscal year, riding a recovery in contact-intensive sectors even as the rest of the economy held firm despite multiple headwinds, a poll of economists indicated. While uncertainty still looms, economists say the worst may be over. GDP data for the first … Read more

A 32% growth figure in first quarter of FY’22 should calm frayed nerves

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A double digit growth figure is certainly a head turner and something that is sure to bring a lot of cheer after a series of grim statistics last fiscal. Estimates of growth for the first quarter gyrate between a low of 14.2% to as high as 23.3%. The RBI has projected a growth of 21.4% … Read more