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  • Signs that China’s growth is far from complete Jun 03, 2020 10:36 AM IST

    Signs that China’s growth is far from complete

    With the right mix of policy, COVID-19 might indeed pass in China’s history as the opportunity that the leadership grasped to modernise the economy

  • Indian economy to contract 10% this fiscal: Former Finance Secretary Subhash Chandra Garg Jun 02, 2020 10:54 PM IST

    Indian economy to contract 10% this fiscal: Former Finance Secretary Subhash Chandra Garg

    Garg also said that the government's Rs 21 lakh crore stimulus package is actually of only Rs 1.4-1.5 lakh crore or about 0.7 percent of the country's gross domestic product (GDP).

  • Is China’s loss India’s gain? Maybe not Jun 02, 2020 12:40 PM IST

    Is China’s loss India’s gain? Maybe not

    That China’s loss can translate into India’s gain is a thinking rooted more in wishful thinking and nationalist myopia than on the ground realities

  • CBO projects virus impact could trim GDP by $15.7 trillion Jun 02, 2020 08:11 AM IST

    CBO projects virus impact could trim GDP by $15.7 trillion

    The CBO, which had already issued a report forecasting a severe economic impact over the next two years, expanded that forecast to show that the severity of the economic shock could depress growth for far longer.

  • The economy was sick long before COVID-19 struck; the lockdown sent it to the ICU Jun 01, 2020 08:37 AM IST

    The economy was sick long before COVID-19 struck; the lockdown sent it to the ICU

    The coronavirus crisis will worsen India’s Four Balance Sheet problem.

  • India needs intelligent lockdown exit strategy: SBI report May 30, 2020 02:15 PM IST

    India needs intelligent lockdown exit strategy: SBI report

    India's economic growth slipped to an 11-year low of 4.2 percent in 2019-20 and to 3.1 percent in January-March, the lowest in the last 40 quarters.

  • Business Insight | Decoding GDP numbers May 29, 2020 09:40 PM IST

    Business Insight | Decoding GDP numbers

    India’s GDP grew 3.1 percent during January-March this year.

  • Canada GDP in April fell a record 11% as COVID-19 shutters economy May 29, 2020 08:37 PM IST

    Canada GDP in April fell a record 11% as COVID-19 shutters economy

    Gross domestic product in March fell by 7.2 percent from February, the most severe month-on-month plunge ever, although the decline was less than the 9 percent predicted by analysts. Statscan said the March and April decreases were likely the largest-ever consecutive monthly declines.

  • GDP numbers: Data collection affected due to COVID-19 outbreak, says government May 29, 2020 08:36 PM IST

    GDP numbers: Data collection affected due to COVID-19 outbreak, says government

    The GDP growth for FY2019-20 came in at 4.2 percent, against 6.1 percent in FY 2018-19.

  • Low Q4 growth telling commentary on economic mismanagement of BJP govt: Chidambaram May 29, 2020 08:02 PM IST

    Low Q4 growth telling commentary on economic mismanagement of BJP govt: Chidambaram

    India's economic growth slowed to 3.1 percent in January-March and to an 11-year low of 4.2 percent for the full fiscal 2019-20 amid a drop in consumption and investment.

  • India GDP data highlights: Growth falls to 3.1%; agriculture sector grows at 5.9% May 29, 2020 06:27 PM IST

    India GDP data highlights: Growth falls to 3.1%; agriculture sector grows at 5.9%

    For the full FY20 financial year, the number came down to 4.2 percent from 6.1 percent in 2018-19.

  • GDP growth likely be at 3.6% in Jan-Mar quarter: CARE Ratings May 28, 2020 09:50 PM IST

    GDP growth likely be at 3.6% in Jan-Mar quarter: CARE Ratings

    In the first three quarters of FY20, the growth was 5.1 percent.

  • COVID-19 impact | Former RBI Governor D Subbarao says India's GDP growth may rebound to 5% in FY22 May 27, 2020 07:18 PM IST

    COVID-19 impact | Former RBI Governor D Subbarao says India's GDP growth may rebound to 5% in FY22

    Subbarao was speaking at a webinar on 'Indian Economy - Navigating through a Crisis', organised by the Centre for Financial Studies (CFS) at Bhavan's SPJIMR business school.

  • In Pics | India's FY21 GDP growth forecasts: A look at predictions by leading agencies May 27, 2020 05:49 PM IST

    In Pics | India's FY21 GDP growth forecasts: A look at predictions by leading agencies

    The agencies believe the Indian economy will find it hard to overcome the after-effects of coronavirus-induced lockdown restrictions and the stimulus package measured by the government may not be enough.

  • India's GDP growth seen at 1.2% for Q4 FY20: SBI report May 26, 2020 02:52 PM IST

    India's GDP growth seen at 1.2% for Q4 FY20: SBI report

    According to the SBI's research report – Ecowrap - the gross domestic product (GDP) growth is likely to be 4.2 percent for FY20 and (-) 6.8 percent for FY21.

  • Modi Govt 2.0 | A tumultuous year for India May 26, 2020 01:12 PM IST

    Modi Govt 2.0 | A tumultuous year for India

    For the past 12 months the BJP-led NDA government’s actions have been bold, and have seen strong and polarising reactions. Its response to the Coronavirus crisis has left a lot to be desired

  • India Q1 GDP growth likely to be weakest since 2012: Poll May 26, 2020 09:00 AM IST

    India Q1 GDP growth likely to be weakest since 2012: Poll

    Asia's third-largest economy began slowing last year, but a countrywide lockdown implemented by Prime Minister Narendra Modi on March 25 halted economic activity completely.

  • China kicks off delayed parliament session, sets no annual GDP target due to COVID-19 crisis May 22, 2020 09:21 AM IST

    China kicks off delayed parliament session, sets no annual GDP target due to COVID-19 crisis

    The National People's Congress (NPC) session with about 2,900 members began this morning at the Great Hall of People amid unprecedented security in the backdrop of the coronavirus pandemic which has killed 4,634 people in China, majority of them in Wuhan where the deadly virus emerged in December last year.

  • ICRA warns of deep recession, GDP to contract 5% in FY21 May 20, 2020 07:56 PM IST

    ICRA warns of deep recession, GDP to contract 5% in FY21

    Though the government has been claiming that its economic stimulus package is worth 10 percent of GDP or Rs 20.9 lakh crore, analysts have pegged it at just 0.8 - 1.2 percent of the GDP.

  • Coronavirus impact: Barclays pegs $20 billion current account surplus in FY21 May 19, 2020 03:40 PM IST

    Coronavirus impact: Barclays pegs $20 billion current account surplus in FY21

    The last time the country had a current account surplus was in the first quarter of 2006-07, again due to the cheaper crude, according to an analysis by foreign brokerage Barclays on Tuesday.

  • Govt's stimulus package won't stop GDP from contracting in FY21: Analysts May 18, 2020 12:53 PM IST

    Govt's stimulus package won't stop GDP from contracting in FY21: Analysts

    The analysts at Bank of America (BofA) and Nomura maintained their earlier GDP estimates suggesting a contraction of 0.1 per cent and 5 per cent, respectively, for FY21 even after the announcement of the Rs 20 lakh crore economic package.

  • Goldman Sachs forecasts worst recession for India, sees GDP fall by 5% in FY21 May 17, 2020 08:34 PM IST

    Goldman Sachs forecasts worst recession for India, sees GDP fall by 5% in FY21

    According to Goldman Sachs, the aggregate discretionary component of fiscal support announced by finance ministry, including Rs 1.7 lakh crore package announced in March, stands at 1.3 percent of GDP (Rs 2.7 lakh crore), “much smaller than the aggregate figure of 10 percent of GDP (Rs20 lakh crore) announced by the Prime Minister

  • COVID-19 | The economic package must promote jobs in rural sector May 14, 2020 12:05 PM IST

    COVID-19 | The economic package must promote jobs in rural sector

    India has seen one of the largest reverse migrations back to the villages, and, the government must urgently redraw its development priorities to address this reality

  • COVID-19 | Kerala must abandon its old ways and redefine its growth mantra May 12, 2020 10:56 AM IST

    COVID-19 | Kerala must abandon its old ways and redefine its growth mantra

    With remittances tapering and the tourism sector down, Kerala must focus on a scientific and profitable agriculture sector

  • Why a post-COVID-19 global order led by China is only a distant threat May 09, 2020 10:23 AM IST

    Why a post-COVID-19 global order led by China is only a distant threat

    The world order might require changing but such change is not about to happen soon for political and economic reasons

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