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  • 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.

  • Moody's lowers India's GDP growth forecast to 5.3% in 2020 Mar 17, 2020 11:35 AM IST

    Moody's lowers India's GDP growth forecast to 5.3% in 2020

    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.

  • Coronavirus pandemic | India Inc fears COVID-19 to pull down GDP by at least 50 bps Mar 16, 2020 09:10 PM IST

    Coronavirus pandemic | India Inc fears COVID-19 to pull down GDP by at least 50 bps

    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.

  • UBS cuts India GDP growth forecast to 5.1% for FY21 Mar 13, 2020 08:29 AM IST

    UBS cuts India GDP growth forecast to 5.1% for FY21

    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.

  • Coronavirus pandemic | Can India spark a rebound in economic growth? Mar 12, 2020 01:42 PM IST

    Coronavirus pandemic | Can India spark a rebound in economic growth?

    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.

  • Falling crude to lower CAD by 25 bps to 0.7% in FY21: Bank of America Securities Mar 11, 2020 05:05 PM IST

    Falling crude to lower CAD by 25 bps to 0.7% in FY21: Bank of America Securities

    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.

  • Coronavirus: Moody's cuts India growth forecast to 5.3% for 2020 on dampened domestic demand Mar 09, 2020 03:40 PM IST

    Coronavirus: Moody's cuts India growth forecast to 5.3% for 2020 on dampened domestic demand

    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.

  • GDP numbers meet expectations, mild recovery likely in FY21 Mar 02, 2020 11:21 AM IST

    GDP numbers meet expectations, mild recovery likely in FY21

    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.

  • Editor's Take | GDP growth at 4.7% in Q3FY20, decoding the numbers Feb 28, 2020 09:22 PM IST

    Editor's Take | GDP growth at 4.7% in Q3FY20, decoding the numbers

    Moneycontrol's Sakshi Batra talks to Deputy Editor-in-Chief Gaurav Chaudhary about Q3 GDP data released by the government.

  • With Q3 GDP growth at 4.7%, FM Sitharaman says 'steadiness' in economy is a good sign Feb 28, 2020 08:30 PM IST

    With Q3 GDP growth at 4.7%, FM Sitharaman says 'steadiness' in economy is a good sign

    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).

  • With GDP growth at 7-yr low, FinMin says slowdown has bottomed out Feb 28, 2020 07:20 PM IST

    With GDP growth at 7-yr low, FinMin says slowdown has bottomed out

    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).

  • GDP growth slows to 4.7% in Q3 FY20; FY20 GDP growth seen at 5% Feb 28, 2020 05:47 PM IST

    GDP growth slows to 4.7% in Q3 FY20; FY20 GDP growth seen at 5%

    GDP growth in the previous quarter has been revised to 5.1 percent from 4.5 percent.

  • India's GDP seen growing at 4.7% in December quarter, with virus impact to come Feb 27, 2020 03:08 PM IST

    India's GDP seen growing at 4.7% in December quarter, with virus impact to come

    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.

  • Q3 GDP numbers may show lingering weakness in economy; will it weigh on market? Feb 27, 2020 12:56 PM IST

    Q3 GDP numbers may show lingering weakness in economy; will it weigh on market?

    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.

  • What corporate profits and other indicators say about Q3 GDP growth Feb 27, 2020 11:43 AM IST

    What corporate profits and other indicators say about Q3 GDP growth

    Numbers will show a continuing slowdown

  • Bank credit growth numbers suggest the recovery remains elusive Feb 27, 2020 09:15 AM IST

    Bank credit growth numbers suggest the recovery remains elusive

    Year on year bank credit growth continues to decelerate as of mid-February

  • GDP growth to stay flat at 4.5% in October-December: SBI economists Feb 26, 2020 04:40 PM IST

    GDP growth to stay flat at 4.5% in October-December: SBI economists

    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.

  • India's economy likely grew 4.7% in December quarter: Poll Feb 25, 2020 09:41 AM IST

    India's economy likely grew 4.7% in December quarter: Poll

    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.

  • NITI Aayog official says $5 trillion economy target too idealistic Feb 24, 2020 10:12 PM IST

    NITI Aayog official says $5 trillion economy target too idealistic

    India is "trapped" within a range-bound GDP growth of 5-6 per cent, Dalmia said at an MCCI-organised session here.

  • Coronavirus may drag global GDP by 1 percentage point if containment delayed beyond June: Report Feb 20, 2020 02:16 PM IST

    Coronavirus may drag global GDP by 1 percentage point if containment delayed beyond June: Report

    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.

  • India overtakes UK & France to become 5th largest world economy, says report Feb 18, 2020 08:16 AM IST

    India overtakes UK & France to become 5th largest world economy, says report

    In purchasing power parity, India's GDP is $10.51 trillion, exceeding that of Japan and Germany.

  • Payment of AGR dues to bring down fiscal deficit to 3.5% in FY20 Feb 17, 2020 05:30 PM IST

    Payment of AGR dues to bring down fiscal deficit to 3.5% in FY20

    According to the revised budget estimates, the government expects a fiscal deficit of 3.8 per cent in 2019-20.

  • Moody's cuts 2020 GDP growth forecast to 5.4% from 6.6% Feb 17, 2020 10:30 AM IST

    Moody's cuts 2020 GDP growth forecast to 5.4% from 6.6%

    Moody's has said that weakness across global economy due to the impact of the novel coronavirus outbreak could hurt India’s recovery

  • Japan's policymakers brace for Q4 GDP slump, growing coronavirus risks Feb 14, 2020 07:45 AM IST

    Japan's policymakers brace for Q4 GDP slump, growing coronavirus risks

    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.

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