Mar 18, 2020 07:50 AM IST
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.
- Mar 17, 2020 01:18 PM IST
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.
- Mar 17, 2020 11:35 AM IST
Moody's had in February projected a 5.4 percent real GDP growth for India in 2020. This too was a downgrade from 6.6 percent earlier forecast.
- Mar 16, 2020 09:10 PM IST
A vast majority (52 percent) of those polled say the GDP will come down by around 50 bps, while 22 percent expected the hit to over 1 percent in FY21, forcing the RBI to respond by reducing the repo rate by 25-50 bps sooner than later, according to 57 percent of the respondents.
- Mar 13, 2020 08:29 AM IST
The GDP growth is set to slip to a decadal low of 5 percent for FY20 as per official estimates and hopes of a revival are being pinned on the next fiscal.
- Mar 12, 2020 01:42 PM IST
Can India seize this moment and present an opportunity to be the next emerging manufacturing hub? It is not impossible as India has done it in the past by building its reputation in service exports.
- Mar 11, 2020 05:05 PM IST
The forecast is based on its assessment of crude trading at around $36 a barrel through the next fiscal, the brokerage said in a note on Wednesday, adding cheaper crude can potentially boost consumption by 0.4 percent of GDP as well if the government passes on at least half of the price fall to end consumers.
- Mar 09, 2020 03:40 PM IST
In its update on Global Macro Outlook for March, Moody's said the virus outbreak has spread rapidly outside China to a number of major economies. "It now seems certain that even if the virus is steadily contained, the outbreak will dampen global economic activity well into Q2 of this year," it said.
- Mar 02, 2020 11:21 AM IST
The government estimated that gross value added (GVA), which is GDP minus net taxes, grew at 4.5 percent in 2019-20 against 4.8 percent in Q2.
- Feb 28, 2020 09:22 PM IST
Moneycontrol's Sakshi Batra talks to Deputy Editor-in-Chief Gaurav Chaudhary about Q3 GDP data released by the government.
- Feb 28, 2020 08:30 PM IST
The Gross Domestic Product (GDP) growth was registered at 5.6 percent in the corresponding quarter of 2018-19, as per the data released by the National Statistical Office (NSO).
- Feb 28, 2020 07:20 PM IST
The National Statistical Office (NSO) has, however, upwardly revised GDP growth estimates for the first quarter of 2019-20 to 5.6 per cent (from 5 per cent), and for the second quarter to 5.1 per cent (from 4.5 per cent).
- Feb 28, 2020 05:47 PM IST
GDP growth in the previous quarter has been revised to 5.1 percent from 4.5 percent.
- Feb 27, 2020 03:08 PM IST
Gross domestic product data due to be released on Friday will cover up to the end of last year, before the epidemic in China had sparked fears of a pandemic.
- Feb 27, 2020 12:56 PM IST
The Indian economy seems to have been trapped in a downward spiral, as the GDP growth is set to slip to a decadal low of 5 percent in 2019-20.
- Feb 27, 2020 11:43 AM IST
Numbers will show a continuing slowdown
- Feb 27, 2020 09:15 AM IST
Year on year bank credit growth continues to decelerate as of mid-February
- Feb 26, 2020 04:40 PM IST
The GDP growth is set to slip to a decadal low of 5 per cent in 2019-20, driven majorly by a fall in domestic consumption and sluggish world markets that have impacted Indian exports.
- Feb 25, 2020 09:41 AM IST
Annual gross domestic product growth likely rose to 4.7% in the last quarter of 2019 from 4.5% the previous quarter, when the growth rate appears to have bottomed out, a Feb. 18-24 Reuters poll found.
- Feb 24, 2020 10:12 PM IST
India is "trapped" within a range-bound GDP growth of 5-6 per cent, Dalmia said at an MCCI-organised session here.
- Feb 20, 2020 02:16 PM IST
According to the report by Dun & Bradstreet, the outbreak of coronavirus is already having a considerable impact on the Chinese economy, and its implications will increase for global businesses with operations or suppliers in the region.
- Feb 18, 2020 08:16 AM IST
In purchasing power parity, India's GDP is $10.51 trillion, exceeding that of Japan and Germany.
- Feb 17, 2020 05:30 PM IST
According to the revised budget estimates, the government expects a fiscal deficit of 3.8 per cent in 2019-20.
- Feb 17, 2020 10:30 AM IST
Moody's has said that weakness across global economy due to the impact of the novel coronavirus outbreak could hurt India’s recovery
- Feb 14, 2020 07:45 AM IST
Bank of Japan Executive Director Eiji Maeda said gross domestic product (GDP) may have suffered a "big contraction" in the final quarter of last year due to sluggish overseas demand and damage to consumption from last year's sales tax hike.