Mar 19, 2021 07:19 AM IST
Thomas shares his views on the outlook for the market, especially in the scenario of rising US bond yields, commodity prices and PSU privatisation. Read on
- Mar 10, 2021 10:20 AM IST
If the projected growth is “realised” it could allow India to “reclaim its status as the fastest growing major economy from China,” the OECD report said.
- Mar 09, 2021 02:42 PM IST
Crisil expects GDP growth to average 6.3 per cent between fiscals 2022-23 and 2024-25, which would be lower than the 6.7 per cent average growth seen in the decade preceding the pandemic.
- Mar 05, 2021 03:59 PM IST
Deputy Chief Minister and Finance Minister Ajit Pawar tabled the survey in the state Assembly, while Minister of State for Finance Shambhuraj Desai presented it in the Council.
- Mar 05, 2021 02:54 PM IST
The 'Monthly Economic Review' for February also stated that higher-than-expected subsidy outlay in 2020-21 has led to real GDP contraction projections to be larger than that of real GVA, an unusual occurrence in itself.
- Mar 01, 2021 07:50 PM IST
One of the reasons why the government now sees a contraction of 8 percent in FY21, compared to 7.7 percent forecast earlier, is the general government's own estimated lower contribution to economic activity compared to what was forecast earlier.
- Mar 01, 2021 04:09 PM IST
Analysts and exporters say chances of exports' share of the economy improving in the upcoming fourth quarter remain slim, given the slow recovery in manufacturing, and the liquidity crunch being faced by many exporters in the current quarter.
- Mar 01, 2021 02:24 PM IST
Despite GDP growing in the third quarter, the government now predicts the economy will shrink by a slightly larger margin of 8 percent in FY21, up from the earlier estimate of 7.7 percent. Economists say that this contrasting position in official statements springs from the fact that growth in key sectors are muted and COVID-19-related uncertainties remain strong.
- Feb 26, 2021 09:12 PM IST
Gross domestic product grew 0.4% in October-December compared with the same period a year earlier, data released by the National Statistics Office on Friday showed. That compared with revised contractions of 7.3% in July-September and 24.4% in April-June.
- Feb 26, 2021 08:59 PM IST
After contracting for two quarters in a row, the Indian economy grew by 0.4 per cent in the October-December quarter amid coronavirus pandemic, official data showed on Friday. The gross domestic product (GDP) had expanded by 3.3 per cent in the corresponding period of 2019-20.
- Feb 26, 2021 07:56 PM IST
A major factor that is taken into account while calculating GDP and GVA is the Index of Industrial Production (IIP).
- Feb 26, 2021 07:44 PM IST
With opening up of the economy in a phased manner, construction activities resumed and this was evidently visible during the last quarter of 2020. Similarly, the leasing activities in commercial real estate and sales and launches in residential segment reflected robust signs of recovery.
- Feb 26, 2021 06:42 PM IST
The 2.6 percent growth in investment demand during October-December is a turnaround from the 6.7 percent contraction seen in the second quarter.
- Feb 26, 2021 06:02 PM IST
The Agriculture Ministry attributed the increased food grain production to good monsoons last year.
- Feb 26, 2021 05:56 PM IST
In a sign of recovery, demand for loans picked up in January based on Reserve Bank of India data.
- Feb 26, 2021 05:46 PM IST
Growing 0.4 per cent in the October-December quarter of FY21, India's GDP managed to marginally overcome record level contractions that had gripped it over the previous two quarters. But going forward, uncertainties in private consumption and slow growth in manufacturing, key services sectors pushed down FY21's official forecast to an 8 percent contraction.
- Feb 25, 2021 12:33 PM IST
While the economy has shrunk by as much as 15.7 per cent in the first half (April-September) period, it needs to register atleast a slight growth to cushion the ongoing contraction and stick to the government's first advance estimate of an overall 7.7 per cent GDP fall for 2020-21, economist and analysts stressed.
- Feb 25, 2021 10:50 AM IST
The National Statistical Office (NSO) will release gross domestic product (GDP) growth estimates for the third quarter (October-December) of 2020-21 on Friday. Here’s what to expect
- Feb 23, 2021 05:24 PM IST
India posted de-growth of 24 percent and 7.5 percent in GDP in first and second quarters ended June and September 2020, respectively.
- Feb 11, 2021 01:08 PM IST
Aggregate consensus PAT of nearly 360 stocks, as per the brokerage firm, is expected to rise from 4.6 trillion in FY20 to 9.6 trillion (about 5 percent of GDP) in FY23 which is a CAGR of 27 percent.
- Feb 10, 2021 12:34 PM IST
India-Ratings expects the industrial and services sector to grow at 11.5% and 11.4% YoY, respectively, in FY22.
- Feb 01, 2021 01:59 PM IST
The Centre's net tax revenue for FY22 has been pegged at Rs 15.45 lakh crore. Corporate tax collection for FY22 has been pegged at Rs 5.47 lakh crore, personal income tax at Rs 5.61 lakh crore and revenue from Goods and Services Tax (GST) at Rs 6.3 lakh crore.
- Feb 01, 2021 12:31 PM IST
For FY21, the revised fiscal deficit estimate now stands at 9.5 percent of the GDP, from a budgeted estimate of 3.5 percent.
- Jan 29, 2021 04:10 PM IST
India has one of the highest levels of out-of-pocket expenditure (OOPE) in the world, contributing directly to the high incidence of catastrophic expenditures and poverty.
- Jan 29, 2021 03:33 PM IST
Since 2014-15, construction of approximately 1.94 crore rural houses have been completed, out of which 1.22 crore houses have been constructed under the revamped scheme of PMAY-Gramin