Growth rate

The global economy must steer through a precarious recovery this year and next as inflation keeps dragging on household spending and higher interest rates weigh on growth, banks and markets. That was the takeaway Wednesday from the…

India's real gross domestic product (GDP) is likely to maintain a 9% growth rate in fiscal years 2022 and 2023, amid concerns over the Omicron variant of the coronavirus, a report said. The Indian economy grew at 8.4% in the second quarter…

The State Bank of India (SBI) has upgraded its GDP growth projections for this year to a range of 9.3% to 9.6%, from 8.5% to 9% forecast earlier, attributing the optimism to improved vaccination and lower incidence of COVID-19 cases in…

Chief Economic Adviser (CEA) K.V. Subramanian on Wednesday said India will clock over 7% annual growth during this decade on the back of strong economic fundamentals.During the current fiscal, he said, growth would be in double-digits and…