News for 'First Advance Estimates'

Why advance GDP estimates won't fully capture note ban effect

Why advance GDP estimates won't fully capture note ban effect

Rediff.com4 Jan 2017

Much of the Q3 data will simply not be available for the CSO to factor in its calculation.

Akshay Kumar Set To Score 4th Hit In 2025

Akshay Kumar Set To Score 4th Hit In 2025

Rediff.com22 Sep 2025

Jolly LLB 3 is all set to go past the Rs 100 crore mark, what with Rs 53 crore already being scored in the first three days itself.

HAL Boosts Tejas as MiG-21 Era Ends

HAL Boosts Tejas as MiG-21 Era Ends

Rediff.com19 Sep 2025

HAL aims to raise output from the current ceiling of 24 aircraft a year to 30 by the end of 2027

Broad-based corporate capex recovery unlikely in FY26: India Ratings

Broad-based corporate capex recovery unlikely in FY26: India Ratings

Rediff.com10 Jan 2025

India Ratings on Thursday said that any broad-based or strong recovery in corporate capital expenditure was unlikely in the upcoming financial year 2026 (FY26) due to uncertainty of domestic and external demand. The uncertainty is adversely affecting the overall corporate sector capex. Interest rates on credit are not the primary deterrent to decisions about capital expenditure, said Soumyajit Niyogi, director, core analytical group, Ind-Ra, in a webinar on the credit market outlook.

HAL Poised For Growth With Strong Order Book

HAL Poised For Growth With Strong Order Book

Rediff.com6 Oct 2025

HAL's order book amounts to Rs 2.45 trillion by end of Q2FY26, implying a book-to-bill ratio of 32 times based on FY25 revenue.

GDP Growth Disappoints: Is There Hope?

GDP Growth Disappoints: Is There Hope?

Rediff.com8 Jan 2025

Headline growth was quite weak heading into the Covid period but averaged 6.4 per cent and 6.7 per cent in the five years between FY16 and FY20 for GVA and GDP respectively, points out Abhishek Upadhyay.

Manufacturing sector pulls down GDP growth to 7.4% in Q4; FY25 growth to 6.5%

Manufacturing sector pulls down GDP growth to 7.4% in Q4; FY25 growth to 6.5%

Rediff.com30 May 2025

India's economic growth slowed to 7.4 per cent in the March quarter, bringing down the annual growth rate to 6.5 per cent during 2024-25, according to official data released on Friday. The growth in the January-March period was lower than the 8.4 per cent expansion in the year-ago quarter.

Behind the scenes: Sitharaman chaired 3 separate meetings on GSTN preparedness for GST 2.0

Behind the scenes: Sitharaman chaired 3 separate meetings on GSTN preparedness for GST 2.0

Rediff.com8 Sep 2025

To ensure a glitch-free rollout of the next-generation GST with reduced rates and lesser slabs, Finance Minister Nirmala Sitharaman chaired three separate meetings to assess GSTN's preparedness and the time it would take to implement technological changes required in the software systems.

China displays new missiles, weapons as Xi hosts Putin, Kim

China displays new missiles, weapons as Xi hosts Putin, Kim

Rediff.com3 Sep 2025

China showcased its latest military hardware, including hypersonic and ballistic missiles, during a parade commemorating the 80th anniversary of its victory against Japanese aggression in World War II. President Xi Jinping called for world peace and national rejuvenation.

Drop in onion and potato output; tomato slightly up

Drop in onion and potato output; tomato slightly up

Rediff.com9 Mar 2024

Onion and potato production is expected to be down in the 2023-24 crop year, while the tomato output could be marginally higher, the Department of Agriculture's first advance estimates of horticultural output released on Thursday showed. "Production of onion in 2023-24 is expected to be around 25.47 million tonnes compared to around 30.20 million tonnes last year due to a decrease of 3.43 million tonnes in Maharashtra, 0.99 million tonnes in Karnataka, 0.35 million tonnes in Andhra Pradesh and 0.31 million tonnes in Rajasthan," the official statement by the department of agriculture said.

Mango exports to the US see healthy growth

Mango exports to the US see healthy growth

Rediff.com20 May 2025

India's mango exports to the US are registering healthy growth, and irradiation operations at a key mango treatment facility in Mumbai have been normalised after a brief disruption due to a data recording error earlier this month, an official said on Tuesday. The Mumbai-based irradiation facility, which handles the highest volume of mangoes destined for the US, faced an issue during the irradiation process conducted on May 8 and 9, 2025.

War 2 Is A Major Flop

War 2 Is A Major Flop

Rediff.com18 Aug 2025

Despite YRF securing a huge 4,500+ screens across the country, the quantum of footfalls fell short.

China showcases latest arms in parade, a veiled warning to US?

China showcases latest arms in parade, a veiled warning to US?

Rediff.com3 Sep 2025

China displayed a range of new weapons at a military parade, including laser weapons, nuclear ballistic missiles, giant underwater drones, and fifth-generation aircraft.

Sitharaman on the merits of next gen GST reforms

Sitharaman on the merits of next gen GST reforms

Rediff.com2 Sep 2025

The next generation GST reforms would 'absolutely' set an economy open and transparent with further reduction in compliance burden and benefiting small businesses, Union Finance Minister Nirmala Sitharaman said on Tuesday.

Navy To Boost Submarine Fleet To Counter China Threat

Navy To Boost Submarine Fleet To Counter China Threat

Rediff.com8 Aug 2025

'There's an urgent requirement, particularly for the Indian Ocean region, as China's naval presence grows, and with Pakistan also acquiring more submarines.'

Chhaava Is The First Big Hit Of 2025

Chhaava Is The First Big Hit Of 2025

Rediff.com17 Feb 2025

Chhaava has entered the Rs 100 crore (Rs 1 billion) club in just three days.

'This Shock May Trigger Suicides'

'This Shock May Trigger Suicides'

Rediff.com25 Sep 2025

'Marathwada is the suicide capital of Maharashtra.' 'To stop such man-made disasters, the government should immediately come up with a rightful package, not this charitable approach to compensation.'

GDP to grow nearly 7% in FY24: Economists

GDP to grow nearly 7% in FY24: Economists

Rediff.com12 Jan 2024

The economy may grow by around 7 per cent this financial year as estimated by the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), say economists with various organisations. The first advance estimates for 2023-24 will be released on Friday by the National Statistical Organisation (NSO), an exercise done for calculating ratios such as the fiscal deficit. The interim Budget will be presented on February 1.

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

Manufacturing pushes Q3 growth to 8.4%; FY24 GDP pegged at 7.6%

Manufacturing pushes Q3 growth to 8.4%; FY24 GDP pegged at 7.6%

Rediff.com29 Feb 2024

India's economic growth accelerated to 8.4 per cent in the third quarter of 2023-24, mainly due to good performance by the manufacturing, mining & quarrying and construction sectors. The Indian economy recorded a growth of 8.4 per cent in the third quarter of this fiscal (October-December 2023), according to data released by the National Statistical Office (NSO) on Thursday.

India's GDP estimated to grow at 7% in 2022-23

India's GDP estimated to grow at 7% in 2022-23

Rediff.com6 Jan 2023

The Indian economy is estimated to grow at 7 per cent in the 2022-23 fiscal, down from 8.7 per cent a year ago, mainly due poor performance of mining and manufacturing sectors. As per the first advance estimates of national income released by the National Statistical Office (NSO) on Friday, the manufacturing sector output is estimated to decelerate to 1.6 per cent in the current fiscal from 9.9 per cent in 2021-22. Similarly, mining sector growth is estimated at 2.4 per cent in the current fiscal as against 11.5 per cent in 2021-22.

RBI lowers FY26 inflation projection to 4%

RBI lowers FY26 inflation projection to 4%

Rediff.com9 Apr 2025

The Reserve Bank on Wednesday lowered the inflation projection for the current fiscal to 4 per cent from 4.2 per cent earlier, taking into account good agricultural output and falling crude prices.

Is AI Wiping Out Entry Level Jobs?

Is AI Wiping Out Entry Level Jobs?

Rediff.com14 Aug 2025

Generative AI is transforming workplaces but at a cost -- there are fewer jobs for young workers just entering the workforce, reveals a Goldman Sachs report.

Experts see FY26 nominal GDP growth at 10-11%

Experts see FY26 nominal GDP growth at 10-11%

Rediff.com9 Jan 2025

The upcoming Union Budget to be presented on February 1 is likely to assume a nominal gross domestic product (GDP) growth between 10 and 10.5 per cent for FY26, a Business Standard poll of 10 economists showed. The first advance estimates released by the National Statistics Office (NSO) had estimated a nominal GDP growth of 9.7 per cent for FY25. Nominal GDP, calculated at current market prices, factors in the effect of inflation. It is used as the base to calculate crucial macroeconomic indicators, such as fiscal deficit, revenue deficit, and debt-to-GDP ratio.

Onion, tomato and potato production may be higher in FY26

Onion, tomato and potato production may be higher in FY26

Rediff.com6 Feb 2025

India's onion production is expected to rise by 19 per cent to 288.77 lakh tonne in the ongoing crop year ending June 2025, according to the agriculture ministry's latest estimate.

How new law will counter age fraud in Indian sports

How new law will counter age fraud in Indian sports

Rediff.com8 Aug 2025

The draft National Code Against Age Fraud in Sports (NCAAFS) 2025, which mandates penal action against violators and calls for AI-based bone assessments to accurately determine an athlete's age, is set to become a policy soon with the sports ministry planning to send it for cabinet approval next week.

How Army Is Preparing For Future Wars

How Army Is Preparing For Future Wars

Rediff.com28 Aug 2025

The Indian Army's broader reorganisation is inevitable as India's military doctrine adapts to the demands of the modern battlefield.

Lightning: India's Deadliest Hazard

Lightning: India's Deadliest Hazard

Rediff.com19 Aug 2025

Lightning claims more lives in India annually than any other extreme weather event. Between April and July this year alone, 1,621 people died due to lightning strikes.

India's Space Manufacturing Boom

India's Space Manufacturing Boom

Rediff.com15 Aug 2025

The $1.2 billion in-space manufacturing market is expected to grow and be worth more than $20 billion by 2033.

Trump's Tariffs: Why India Needs To Be Strategic

Trump's Tariffs: Why India Needs To Be Strategic

Rediff.com12 Aug 2025

In trade negotiations, as in chess, sometimes you need to accept a temporary disadvantage to secure a better long-term position, points out Sonal Varma, chief economist (India and Asia ex-Japan) at Nomura.

Farm profits likely to be higher this kharif season

Farm profits likely to be higher this kharif season

Rediff.com12 Dec 2024

Overall profitability in the agriculture sector is expected to be marginally higher at the pan-India level in the 2024-25 kharif season, driven largely by higher production and low input cost, but offset by the declining price of some produce, according to a report released by Motilal Oswal Financial Services Ltd on Wednesday. The report said that region-wise farm profitability in the northern belt was expected to be relatively better than in the southern belt, while the eastern and western belts presented a mixed bag.

All is not quite correct with GDP numbers for FY24

All is not quite correct with GDP numbers for FY24

Rediff.com7 Jan 2024

Discrepancies in computation of advance estimates of the country's Gross Domestic Product for 2023-24 stood at Rs 2.59 lakh crore as against (-) Rs 3.80 lakh crore in 2022-23 and (-) Rs 4.47 lakh crore in 2021-22, according to National Statistical Office (NSO). On Friday, the NSO released its first advance estimates of national accounts which showed that the Gross Domestic Product (GDP) or Indian economy will grow at 7.3 per cent in 2023-24, slightly higher than 7.2 per cent in 2022-23.

UP plans high-tech defence shield against nuke, chemical attacks

UP plans high-tech defence shield against nuke, chemical attacks

Rediff.com8 Jun 2025

Drawing lessons from security protocols of Parliament, the state is working closely with agencies like the Defence Research and Development Organisation and the Electronics Corporation of India Ltd to design a multi-layered safety mechanism.

Agri GVA stands out on strong monsoon

Agri GVA stands out on strong monsoon

Rediff.com2 Dec 2024

Amid low growth elsewhere, gross value added (GVA) growth in agriculture and allied activities recovered during the second quarter of the current financial year (Q2FY25) to 3.5 per cent year-on-year (Y-o-Y) due to strong monsoon. Experts feel that the rains have laid the foundation of an even better GVA performance in subsequent quarters. GVA growth in the first quarter of FY25 was 2.0 per cent.

What's Trump's Real Game Plan Against India?

What's Trump's Real Game Plan Against India?

Rediff.com1 Aug 2025

By threatening to punish India with high tariff, Trump is actually planting a tantalising thought in the Indian mind that the Modi government should suitably 'incentivise' him, explains Ambassador M K Bhadrakumar.

Would you buy Starlink plans at 3K-4.2K/month?

Would you buy Starlink plans at 3K-4.2K/month?

Rediff.com10 Jun 2025

The company had announced similar pricing for Sri Lanka, where its application was in advanced stages of regulatory clearance.

FY24 direct tax to GDP ratio may be highest since FY01

FY24 direct tax to GDP ratio may be highest since FY01

Rediff.com7 Feb 2024

On the back of robust tax collection, the ratio of direct taxes to gross domestic product (GDP) this financial year is likely to be the highest in this century so far. This, along with strong goods and services tax (GST) collection, may drive up receipts from central taxes as a proportion of GDP to the highest level or close to the highest since 2008-09 despite subdued excise and customs duty receipts. This will be due also to lower nominal GDP projected in the first advance estimates for 2023-24.

Is Telangana Headed For Bankruptcy?

Is Telangana Headed For Bankruptcy?

Rediff.com11 Jul 2025

Experts say the state's economy is grappling with hidden debt, rising welfare costs, and lack of transparency.

Did You Know What Defence Ministry Did This Year?

Did You Know What Defence Ministry Did This Year?

Rediff.com20 Jun 2025

India fully utilised its military modernisation budget in 2024-2025 -- the first time in five years -- and signed a record Rs 2 trillion defence contracts.

'India Rewriting Global Higher Education Map'

'India Rewriting Global Higher Education Map'

Rediff.com19 Jun 2025

India has 54 institutions in the QS World University Rankings, making it the 4th most represented country after the US (192), the UK (90) and China (72).