BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
SBI Research Report
India’s GDP grew by 8.4% in Q2 FY22 (SBI estimate: 8.1%) on the back of double-digit growth in ‘Mining & Quarrying’ and ’Public Administration, Defence and Other Services’.
The real GVA increased by 8.5%, a tad higher than the GDP growth.
Nominal GDP growth jumped by 17.5%, driven in part by a GDP deflator at 8.4% .
For Q2, seasonally adjusted real GDP growth is 6.6% quarter-on-quarter compared to 10.36% quarter-on-quarter non-adjusted real GDP growth.
Core GVA, a proxy of private sector growth expanded by 7.5%, the highest since Q1 FY19.
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