GDP

India's GDP Shocks Everyone with 8.4% Growth in Q3 - What's the Buzz?

Economic Forecasting - Economy - GDP - Growth Rate - IMF - India - Stock market today - india gdp

Indian economy's surprise GDP growth of 8.4% in Q3 leaves everyone amazed! Find out more about this unexpected surge in growth.

In a surprising turn of events, India's GDP growth for the October-December quarter has left economists and analysts stunned with a remarkable 8.4% increase. The latest data from the National Statistical Office (NSO) exceeded all forecasts, showcasing India's robust economic performance amidst global uncertainties. This growth spurt has solidified India's position as one of the world's fastest-growing economies, outperforming many developed nations.

Despite the impressive numbers, some experts remain cautious, citing the possibility of the growth being inflated due to base revision and net tax collections. The buoyant Indian market may not react as positively to the GDP boost, considering the underlying factors contributing to this exceptional growth. However, Prime Minister Narendra Modi hailed the strong GDP figures as a testament to the resilience and potential of the Indian economy.

In a press conference, IMF Executive Director Dr. Krishnamurthy V. Subramanian emphasized that India is 'easily' the fastest-growing economy, highlighting the country's economic prowess on the global stage. The FY23-24 GDP growth estimate has been revised upwards to 7.6%, projecting a promising outlook for India's economic landscape.

The upward trajectory of India's GDP growth has sparked optimism and a sense of achievement among policymakers and industry experts. The future looks promising with projections hinting at sustained growth rates, further solidifying India's position as a key player in the global economy. With the economy exceeding expectations and demonstrating resilience, India's progress on the economic front continues to garner international attention.

Post cover — Image courtesy of "Livemint"

December quarter, when GDP beat every forecast | Mint (Livemint)

Q3FY24 GDP: The GDP growth in the third quarter widely beat Street estimates and India has retained its position as one of the world's fastest-growing ...

Post cover — Image courtesy of "The Hindu"

India's GDP grows at 8.4% in October-December quarter; 2023-24 ... (The Hindu)

India's GDP growth upgraded to 8.4% in Q3 of 2023-24, with NSO estimating 7.6% growth for the year.

Post cover — Image courtesy of "Moneycontrol.com"

Q3 GDP data strong but buoyant Indian market may have already ... (Moneycontrol.com)

Markets may not be too enthused by the GDP boost since growth seems to have come on the back of base revision, and net tax collection growth without the ...

Post cover — Image courtesy of "CNBC"

India 'easily' the fastest growing economy, IMF executive director ... (CNBC)

IMF Executive Director and former Chief Economic Advisor of India, Dr Krishnamurthy V. Subramanian addresses a press conference. Hindustan Times | Hindustan ...

Post cover — Image courtesy of "Business Today"

India's GDP growth zooms to 8.4% in Q3; FY24 growth pegged at 7.6% (Business Today)

India's GDP growth for the third quarter (YoY) surpassed expectations, recording an actual rate of 8.4%, outperforming the anticipated 6.6%, and exceeding ...

Post cover — Image courtesy of "Hindustan हिंदी"

GDP आंकड़ों पर बड़ा सरप्राइज, 8.4% की दर से बढ़ी इकोनॉमी, PM मोदी गदगद (Hindustan हिंदी)

India Q3 GDP data Updates: जानकारी के लिए बता दें कि चालू वित्त वर्ष की दूसरी तिमाही में आर्थिक वृद्धि दर 7.6 प्रतिशत रही।

Post cover — Image courtesy of "Reuters India"

India's Oct-Dec quarter GDP grew 8.4%, government data shows (Reuters India)

India's economy expanded 8.4% in the December quarter from a year earlier, compared with 7.6% growth in the previous quarter, government data showed on ...

Post cover — Image courtesy of "Namasthe Telangana"

GDP | అంచనాలను మించిన భారత్‌ ఆర్థికాభివృద్ధి (Namasthe Telangana)

డిసెంబర్‌తో ముగిసిన మూడవ త్రైమాసికంలో భారత్‌ ఆర్థికాభివృద్ధి అందరి అంచనాల్ని మించిపోయింది. గురువారం నేషనల్‌ స్టాటస్టికల్‌ ఆఫీస్‌ (ఎన్‌ఎస్‌వో) ...

Post cover — Image courtesy of "Deccan Herald"

Govt bumps up FY24 growth estimate to 7.6%; Q3 GDP expands 8.4% (Deccan Herald)

“Robust 8.4 per cent GDP growth in Q3 2023-24 shows the strength of the Indian economy and its potential,” Prime Minister Narendra Modi said in a tweet. Just ...

Post cover — Image courtesy of "आज तक"

इकोनॉमी के लिए खुशखबरी, तीसरी तिमाही में दमदार 8.4% रही GDP ग्रोथ ... (आज तक)

सरकार ने बताया है कि तीसरी तिमाही में देश की जीडीपी ग्रोथ 8.4% की दर से हुई है. इकोनॉमी के ये आंकड़े पूर्वानुमान से कहीं ज्यादा है.

Post cover — Image courtesy of "Nikkei Asia"

India Q3 GDP growth surges to 8.4%, exceeding expectations (Nikkei Asia)

NEW DELHI -- India reported on Thursday that gross domestic product expanded 8.4% in the October to December quarter, far exceeding economists' expect.

Post cover — Image courtesy of "Livemint"

India's Q3 GDP growth beats projections; prompts upward revisions ... (Livemint)

India's GDP recorded a robust expansion of 8.4% during the October - December period, showcasing sustained momentum after achieving growth rates exceeding ...

Post cover — Image courtesy of "The Hindu BusinessLine"

India's FY24 GDP growth could be within striking distance of 8%: SBI ... (The Hindu BusinessLine)

India's FY24 GDP growth expected to reach 8%, per capita GDP surpasses ₹2 lakh mark, savings and investments rise.

Post cover — Image courtesy of "Business Today"

'An 8% growth economy': Barclays floored by India's blockbuster Q3 ... (Business Today)

The bank also revised upward its prediction for 2024-25 by 50 basis points to 7 percent. One basis point is a hundredth of a percentage point.

Post cover — Image courtesy of "नवभारत टाइम्स"

हम जो आजतक नहीं कर पाए, GDP का वो तमगा तीन बार हासिल किया था ... (नवभारत टाइम्स)

जब सही और गलत का फर्क पता नहीं हो या गलत करते रहने में ही आनंद आने लगे तो हाल पाकिस्तान जैसा हो जाता है। कभी हमारा पड़ोसी जीडीपी ...

Post cover — Image courtesy of "CNBCTV18"

India's GDP growth surprises again (CNBCTV18)

India's gross domestic product (GDP) growth for the third quarter (October-December) of the fiscal year 2023-24 has surpassed expectations, ...

Post cover — Image courtesy of "Bloomberg"

India GDP Data: Economic Growth Unexpectedly Accelerates to ... (Bloomberg)

India's surge in economic growth to above 8% last quarter was distorted by a single category, economists said, suggesting the strong numbers may not be ...

Post cover — Image courtesy of "आज तक"

जब चीन-जापान परेशान, इंडियन GDP रिकॉर्डतोड़ कैसे? ग्लोबल एजेंसियां ... (आज तक)

Indian GDP: दिसंबर तिमाही में जीडीपी (India Q3 GDP) के आंकड़ों की, जो गवाही दे रहे हैं इंडियन इकोनॉमी की तेज रफ्तार की. साल-दर-साल 8.4 फीसदी की ...

Post cover — Image courtesy of "Deccan Herald"

GDP growth in FY24 likely to be within striking distance of 8%: SBI (Deccan Herald)

New Delhi, Mar 1 (PTI) The GDP growth for the current financial year could be within striking distance of 8 per cent, a study by the State Bank of India ...

Post cover — Image courtesy of "दैनिक जागरण"

India GDP growth: सारे अनुमान गलत, SBI ने कहा- भारत की जीडीपी ग्रोथ ... (दैनिक जागरण)

स्टेट बैंक ने अपनी रिसर्च रिपोर्ट इकोरैप में कहा कि तीसरी तिमाही के जीडीपी ग्रोथ के आंकड़ों ने ज्यादातर लोगों के अनुमानों को गलत साबित किया है ...

Post cover — Image courtesy of "The Economic Times"

gdp: India's GDP shines in Q3, grows at 8.4%; FY24 estimate ... (The Economic Times)

GDP Q3: An ET poll of 15 economists had expected the GDP to grow by 6.6 per cent in the third quarter. Forecasts varied from 6 per cent to 7.2 per cent for ...

Post cover — Image courtesy of "NDTV"

Opinion: GDP Growth-Rising Investment Can Sustain This Momentum (NDTV)

The NSO recently announced that GDP growth for FY24 would reach 7.6%, surpassing its previous forecast of 7.3%. Though consumption, which accounts for ...

Post cover — Image courtesy of "The Economic Times"

India GDP: Digging deeper: Do India's stunning 8.4% Q3 GDP ... (The Economic Times)

In Q3FY24, the Indian economy outperformed expectations, growing at 8.4%, surpassing the predicted 6.6% rate. However, a significant divergence between GDP ...

Post cover — Image courtesy of "Livemint"

Markets climb fresh highs on strong GDP growth | Mint (Livemint)

The momentum is expected to continue led by private banks and other large cap stocks.

Post cover — Image courtesy of "Business Standard Hindi"

GDP Growth: अर्थशास्त्रियों ने बढ़ाया ग्रोथ का अनुमान, जीडीपी के तीसरी ... (Business Standard Hindi)

India's GDP Growth: SBI ने रिपोर्ट में कहा है कि FY25 में भारत की अर्थव्यवस्था की वृद्धि दर 8 प्रतिशत रहने का अनुमान है।

Post cover — Image courtesy of "The Hindu BusinessLine"

Sensex, Nifty log fresh highs on robust GDP growth (The Hindu BusinessLine)

Mumbai benchmarks hit new highs on strong GDP growth, global cues, with Sensex rising 1.7% to 73745.

Post cover — Image courtesy of "East Asia Forum"

India's GDP growth masks economic challenges | East Asia Forum (East Asia Forum)

India's economy grew substantially in 2023, but the country must tackle rising inflation and declining foreign investment if it wants to stay afloat.

Post cover — Image courtesy of "Deccan Herald"

Economists root for gross value added over GDP for clarity on growth (Deccan Herald)

“The better-than-expected GDP growth was primarily driven by strong growth in net taxes and gross fixed capital formation. The strong government spending in ...

Post cover — Image courtesy of "The Hindu"

Sensex, Nifty surge almost 2% on GDP data (The Hindu)

Mumbai stock indices surge 2% on strong Q3 GDP data, Sensex hits all-time high, led by metal and banking stocks.

Post cover — Image courtesy of "The Indian Express"

Why have GDP and GVA growth rates diverged in Q3? (The Indian Express)

The difference between the two sets of growth rates widened to 190 basis points in Q3, a 10-year high. This large divergence is due to a sharp increase in ...

Post cover — Image courtesy of "The Wire"

GDP Growth Numbers Do Not Square with Consumption and ... (The Wire)

The elevated net indirect taxes continue to impinge on the overall domestic demand, which is already being dragged down by the decline in real household ...

Post cover — Image courtesy of "News On AIR"

India's Economic Rebound: Real GDP Growth Surges to 8.7% in ... (News On AIR)

Introduction: India's economy has displayed remarkable resilience in the face of the COVID-19 pandemic, rebounding strongly to achieve a real GDP growth rate of ...

Post cover — Image courtesy of "Livemint"

Nifty 50 vs GDP of India: Why experts see more rally in Indian stock ... (Livemint)

Nifty 50 vs GDP of India: Key indices of the Indian stock market grow two to two and a half times the GDP growth, say market experts.

Post cover — Image courtesy of "News On AIR"

India's Economic Rebound: Real GDP Growth Surges to 8.7% in ... (News On AIR)

Introduction: India's economy has displayed remarkable resilience in the face of the COVID-19 pandemic, rebounding strongly to achieve a real GDP growth rate of ...

Strong GDP number propels sensex and Nifty to new peaks (Times of India)

India's GDP growth rate for Oct-Dec, which at 8.4% beat estimates by every economist and analyst, enthused Dalal Street investors, and the subsequent buying ...

Post cover — Image courtesy of "The Economic Times"

After GDP data, Feb numbers show economy continues forward ... (The Economic Times)

India's economy continues to cruise with 8.4% expansion in Q4. GST collection surged 12.5%. Auto firms saw highest monthly sales.

Post cover — Image courtesy of "अमर उजाला"

IEA: 'मजबूत GDP वृद्धि और कमजोर मानसून ने बढ़ाया भारत का कार्बन ... (अमर उजाला)

IEA: आईईए ने कहा कि वैश्विक उर्जा संबंधी कार्बन उत्सर्जन 2023 में 1.1 फीसदी बढ़ गया। जिससे यह 410 मिलियन टन (एमटी) बढ़ने के साथ ...

Post cover — Image courtesy of "Goodreturns Tamil"

பெண்கள்: மக்கள் தொகையில் 48% ஆனா, GDP ... (Goodreturns Tamil)

இந்தியாவில் பெண்கள் மொத்த மக்கள் தொகையில் 48% இருந்தாலும், மொத்த உள்நாட்டு உற்பத்தி-யில் (GDP) அவர்களின் பங்கு 18% மட்டுமே என்று தேசியக் ...

Explore the last week