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  • Chart of the Day | Fiscal deficit, what is that? Apr 14, 2020 10:51 AM IST

    Chart of the Day | Fiscal deficit, what is that?

    Governments across the world are throwing deficit concerns out of the window to fight the pandemic

  • Coronavirus pandemic | India's GDP to contract by 6.1% in April-June: Nomura Apr 13, 2020 07:10 PM IST

    Coronavirus pandemic | India's GDP to contract by 6.1% in April-June: Nomura

    The economy will grow at 3.2 percent in the January-March period and contract by 6.1 percent (June quarter) and 0.5 percent September quarter, before rising by 1.4 percent in the last quarter of the calendar year, it said.

  • PM Modi should be bold in declaring economic package of 5-6% of GDP: Congress Apr 13, 2020 03:10 PM IST

    PM Modi should be bold in declaring economic package of 5-6% of GDP: Congress

    The Opposition party demanded that the Centre cleared all pending dues to the states to enable them to fight with the novel coronavirus pandemic, besides also giving each of them special economic packages.

  • World Bank sees FY21 India growth at 1.5-2.85% - slowest since economic reforms three decades back Apr 13, 2020 07:45 AM IST

    World Bank sees FY21 India growth at 1.5-2.85% - slowest since economic reforms three decades back

    India's economy is expected to grow 1.5 percent to 2.8 percent in the 2020-21 fiscal which started on April 1, the World Bank said in its South Asia Economic Focus report.

  • COVID-19 | The economy needs a reboot and more needs to be done Apr 09, 2020 01:10 PM IST

    COVID-19 | The economy needs a reboot and more needs to be done

    The pandemic has taught us the pitfalls of depending on other countries to meet our essential supplies. This is an opportune moment to focus and boost the Make in India programme

  • India's GDP for FY21 projected at 4.8%, COVID19 to have adverse economic impact globally: UN report Apr 09, 2020 11:50 AM IST

    India's GDP for FY21 projected at 4.8%, COVID19 to have adverse economic impact globally: UN report

    India's GDP growth for the fiscal year 2019-2020 was estimated at 5 per cent and is forecast to slow down to 4.8 per cent for the current fiscal 2020-21.

  • Goldman Sachs says India’s FY21 GDP may plummet to a multi-decade low of 1.6%, the bleakest forecast so far Apr 08, 2020 04:25 PM IST

    Goldman Sachs says India’s FY21 GDP may plummet to a multi-decade low of 1.6%, the bleakest forecast so far

    Many analysts have been doing downward reviews of their forecasts amid coronavirus concerns with some estimating a contraction in the first quarter of the fiscal, but this is the lowest forecast for the year as a whole yet.

  • COVID-19 | Importance of street-level bureaucracy to fight the pandemic Apr 06, 2020 10:24 AM IST

    COVID-19 | Importance of street-level bureaucracy to fight the pandemic

    Street-level bureaucracy is described as public service workers who interact directly with citizens in the course of their jobs, and liaise between policymakers and the general public to implement policy objectives.

  • Buying fear: This Warren Buffett indicator hints a bottom, but are we there yet? Apr 06, 2020 10:02 AM IST

    Buying fear: This Warren Buffett indicator hints a bottom, but are we there yet?

    The bottom could be some time away because we have fallen just 30 percent in 2 months while history suggests that bottom formation has taken anywhere between 10-27 months.

  • Fitch slashes India growth forecast to 30-year low of 2% for FY21 Apr 03, 2020 04:50 PM IST

    Fitch slashes India growth forecast to 30-year low of 2% for FY21

    Fitch also said micro, small and medium-sized enterprises and the services segment are likely to be among the most affected amid reduced consumer spending.

  • COVID-19 | Can G-20 provide the right platform for a global response? Mar 31, 2020 09:10 AM IST

    COVID-19 | Can G-20 provide the right platform for a global response?

    As the world economy is entering recession, the G-20 will have to play a decisive role in mobilising resources and provide direction to major economies and multilateral institutions.

  • Fitch Solutions cuts India GDP growth forecast to 4.6% for FY21 Mar 30, 2020 02:43 PM IST

    Fitch Solutions cuts India GDP growth forecast to 4.6% for FY21

    The growth estimate for 2020-21 fiscal (April 2020 to March 2021) compares with a 4.9 per cent forecast in the current 2019-20 that ends on Tuesday.

  • Ind-Ra cuts economic growth forecast for India to 3.6% Mar 30, 2020 02:30 PM IST

    Ind-Ra cuts economic growth forecast for India to 3.6%

    The report comes amid a crippling impact on economic activity due to the three-week lockdown till April 14 which is expected to only aggravate the difficulties around growth that were existing before the pandemic. Some watchers are also estimating for a contraction of the economy in the June quarter.

  • Coronavirus pandemic | An opportunity to overhaul India’s ailing healthcare sector Mar 27, 2020 02:33 PM IST

    Coronavirus pandemic | An opportunity to overhaul India’s ailing healthcare sector

    The government needs to step back for the healthcare infrastructure to improve in this country.

  • Slashed interest rate needs quick transmission: FM Sitharaman Mar 27, 2020 01:30 PM IST

    Slashed interest rate needs quick transmission: FM Sitharaman

    In a tweet, the Finance Minister also welcomed RBI Governor Shaktikanta Das' statement that the macro economic fundamentals of the Indian economy are sound, and in fact stronger than what they were in the aftermath of the global financial crisis of 2008-09.

  • Moody's slashes India GDP growth in 2020 to 2.5% Mar 27, 2020 10:35 AM IST

    Moody's slashes India GDP growth in 2020 to 2.5%

    Moody's said, at the 2020 estimated growth rate, a sharp fall in incomes in India is likely, further weighing on domestic demand and the pace of recovery in 2021.

  • Bruised Indian economy to be battered further by coronavirus: Poll Mar 27, 2020 10:00 AM IST

    Bruised Indian economy to be battered further by coronavirus: Poll

    With the virus spreading rapidly, Prime Minister Narendra Modi announced a three-week nationwide lockdown on Tuesday which will have a huge detrimental impact on businesses.

  • COVID-19 pandemic | Why Kerala’s Rs 20,000 crore relief package is not financial wizardry Mar 25, 2020 08:04 AM IST

    COVID-19 pandemic | Why Kerala’s Rs 20,000 crore relief package is not financial wizardry

    With its third consecutive state-wide crisis, Kerala is at its wits end. There is a limit to what the state can do, and we will be in a serious crisis if the Centre does not help, writes Kerala Finance Minister Thomas Isaac.

  • Coronavirus pandemic | UBS cuts India's FY21 real GDP growth forecast to 4% Mar 23, 2020 03:46 PM IST

    Coronavirus pandemic | UBS cuts India's FY21 real GDP growth forecast to 4%

    "For the full year, we now expect India's real GDP growth to slow further to 4 percent year-on-year in FY21 (previously 5.1 percent)," UBS said in a research note.

  • S&P cuts India GDP growth forecast for FY21 to 5.2% Mar 23, 2020 01:54 PM IST

    S&P cuts India GDP growth forecast for FY21 to 5.2%

    It put "the total and permanent income loss for Asia-Pacific from COVID-19 at approximately USD 620 billion."

  • Comprehensive policy response is needed to ease the economic fallout of COVID-19 outbreak Mar 23, 2020 10:22 AM IST

    Comprehensive policy response is needed to ease the economic fallout of COVID-19 outbreak

    Under a worst case scenario, GDP growth in FY21 could fall to 3.5 percent

  • The crude dynamics for India Mar 23, 2020 09:55 AM IST

    The crude dynamics for India

  • Covid-19 pandemic | A grim forecast for the tourism sector Mar 20, 2020 10:28 AM IST

    Covid-19 pandemic | A grim forecast for the tourism sector

    The tourism and hospitality sector that is in need of financial assistance is less likely to find any favour from the banking sector as the past record of the hospitality sector is riddled with loan defaults.

  • S&P lowers India's growth forecast to 5.2% in 2020 Mar 18, 2020 07:50 AM IST

    S&P lowers India's growth forecast to 5.2% in 2020

    Asia-Pacific economic growth in 2020 will be more than halve to less than 3 percent as the "global economy enters a recession", S&P said in a statement.

  • Goldman cuts Q1 GDP estimate for China, sees 9% contraction vs +2.5% earlier Mar 17, 2020 01:18 PM IST

    Goldman cuts Q1 GDP estimate for China, sees 9% contraction vs +2.5% earlier

    China's factory production plunged at the sharpest pace in three decades in the first two months of the year, data on Monday showed, as the coronavirus pandemic disrupted the world's second-largest economy.

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