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India's Q3 GDP growth -15% using Paasche Index: Subramanian Swamy BJP leader and Rajya Sabha MP Subramanian Swamy said that India's Q3 GDP growth would have been -10 per cent using Laspeyres Price Index Number and -15 per cent using Paasche Index, provided guesstimate of negative growth in MSMEs and informal sector were added to GDP BusinessToday.In | February 28, 2021 | Updated 22:26 IST India's GDP grows 0.4% in Q3 FY21 After two consecutive quarters of contraction, India's Gross Domestic Product (GDP) grew by 0.4 per cent in December quarter of the current fiscal (Q3 FY21), indicating tha...

The growth in India's real GDP during 2020-21 is estimated at -8 per cent as compared to the growth rate of 4.0 per cent in 2019-20, said government on Friday as part of its second advance estimates of the economic growth. The government had projected a GDP contraction of 7.7 per cent in its first advance estimate. Real GDP or GDP at Constant Prices (2011-12) in the year 2020-21 is likely to attain a level of Rs 134.09 trillion, as against the First Revised Estimate of GDP for the year 2019-20 of Rs 145.66 trillion, according to the data released on Feb 26, 2021. The per capita income in r...

Q3 GDP numbers today: Will economy grow after shrinking for 2 quarters? Q3 GDP numbers today: Will economy grow after shrinking for 2 quarters? The government will release official GDP data for the third quarter later in the day. Will India's economy return to growth after shrinking for two consecutive quarters? Here is what projections by research firms and economists indicate: advertisement UPDATED: February 26, 2021 09:40 IST Official GDP data for the third quarter is likely to be released at 5:30 pm on Friday. (Photo: Reuters/Representational image) After contracting for two straight quar...

India's gross domestic product expanded 0.4% in the three months ended December, after contracting for two consecutive quarters, mainly due to good performance by farm, services and construction sectors, according to government data released on Friday. This will help Asia’s third-largest economy exit an unprecedented recession even as it battles new challenges posed by a surge in coronavirus infections. The country's economic growth shrank 7.5% a quarter ago. In its second advance estimates of national accounts, the National Statistical Office (NSO) has projected 8% contraction in 2020-...

The Indian economy has finally bounced back into growth territory in the October-December period after two consecutive quarters of GDP contractions. Official data released by the government showed that the GDP has grown 0.4 per cent in the December quarter.