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India’s April-October budgetary fiscal deficit has reached 36.3 per cent of the FY22 target. As per the data furnished by the Controller General of Accounts (CGA), the fiscal deficit -- the difference between revenue and expenditure -- for the April
Healthy monsoon season along with pent-up demand accelerated India's Q2FY22 GDP growth rate to 8.4 per cent on a year-on-year basis.India's GDP growth rate had fallen by 7.4 per cent during the corresponding period of the previous fiscal.On a ...
The country's GDP had shrunk 7.3 per cent during the same quarter last year, after the economy suffered a major blow in the wake of a strict lockdown due to the first coronavirus wave.
Higher fiscal spending pushes India's GDP for Q2FY22 above 8%, crosses pre-COVID level - The accelerated vaccination drive also played a role in this YoY rise as it brightened consumer sentiments.
The country's GDP had shrunk 7.3 per cent during the same quarter last year, after the economy suffered a major blow in the wake of a strict lockdown due to the first coronavirus wave.