gdp
By Nidhi Jacob On November 19, claims of India becoming a 4-trillion economy went viral on social media platforms. The claim was first made by right-wing accounts on X (formerly Twitter) then picked up by Bharatiya Janata Party leaders and newspaper outlets. A screenshot from an unverified live tracking Gross Domestic Product (GDP) YouTube feed called LiveStream07 suggested that India's GDP had crossed the 4-trillion mark for the first time. However, this is incorrect because there is no official government report stating this figure yet. The screenshot was picked up by several Bharatiya Janat...
BOOM Live
By Anmol Alphonso An old video produced by an Indian production company is being shared on social media falsely claiming that it is a video report released by the British Broadcasting Corporation (BBC) on India's Gross domestic product (GDP) from 1 AD to 1913 AD. In the video, India's GDP is compared with other countries including that of China, the United States, and the United Kingdom stating that India's GDP fell sharply after the British colonised the country. The video claims that it cites data from economist Angus Maddison's report. The 4.55 minutes video shows how the British impoverish...
BOOM Live
By Mohammed Kudrati The Indian economy grew 7.2% in the previous financial year ending March 31 this year, with quarterly growth coming in at 6.1% in last quarter (Q4) of the financial year (January to March 2023), data released by the Ministry of Statistics and Programme Implementation (MOSPI) shows. These yearly numbers have come in marginally above expectations. The official estimate by the government for the full year stood at 7%. Economists told Reuters that the growth rate for the full year would be around 6.8%. However, these economists were only expecting growth in Q4 to be around 5%, ...
BOOM Live
By Mohammed Kudrati A viral post, claiming that India will become poorer than Bangladesh in 2025, is false. It further states that the data conveying this observation is from the International Monetary Fund's (IMF) World Economic Outlook (WEO) research report. BOOM was able to ascertain that the post misinterprets the said data, which is from October 2020. The claim made by the post is false since it conflates two metrics. While the data show estimates that Bangladesh briefly overtook India in gross domestic product (GDP) per capita in 2020, only for it to reverse in 2021, and predicted to rev...
BOOM Live
By Mohammed Kudrati India's gross domestic product (GDP) grew 13.5% in the first quarter (April to June) of the ongoing fiscal year (FY23) over the same period last year, data released by the National Statistics Office of the Ministry of Statistics and Programme Implementation shows. The quarterly estimates of the Indian economy saw it being valued at ₹36.85 lakh crores, compared to ₹32.46 lakh crores in the same quarter last year in constant prices (which adjusts for inflation). The numbers missed a growth estimate of 15.2%, according to a poll conducted by Reuters. However, a double-digit gr...
BOOM Live
By Mohammed Kudrati New data released by the International Monetary Fund (IMF) as part of its flagship World Economic Outlook (WEO) report shows the world economy facing increasingly precarious times ahead. It cut the global growth forecast by 0.3 percentage points to 3.2 percent compared to its April WEO projections. "The global economy, still reeling from the pandemic and Russia's invasion of Ukraine, is facing an increasingly gloomy and uncertain outlook", said new IMF Chief Economist Pierre-Olivier Gourinchas in his blog, adding that all risks flagged by the IMF in April have begun to mate...
BOOM Live
By Mohammed Kudrati The Indian economy grew 8.4% in the previous financial year ending March 31 this year, and 4.1% in last quarter (Q4) of the financial year (January to March 2022), data released by the Ministry of Statistics and Programme Implementation (MOSPI) shows. These numbers are largely in line with expectations. A Reuters polls of 46 economists put the quarterly growth at 4%, while the second advanced estimate of MOSPI projected the growth to be 8.9% for the previous year. However, this also is the third consecutive quarter of slowing growth. In the second quarter, growth came in at...
BOOM Live
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら