Jun 03, 2020 10:36 AM IST
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
- Jun 02, 2020 10:54 PM IST
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).
- Jun 02, 2020 12:40 PM IST
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
- Jun 02, 2020 08:11 AM IST
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.
- Jun 01, 2020 08:37 AM IST
The coronavirus crisis will worsen India’s Four Balance Sheet problem.
- May 30, 2020 02:15 PM IST
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.
- May 29, 2020 09:40 PM IST
India’s GDP grew 3.1 percent during January-March this year.
- May 29, 2020 08:37 PM IST
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.
- May 29, 2020 08:36 PM IST
The GDP growth for FY2019-20 came in at 4.2 percent, against 6.1 percent in FY 2018-19.
- May 29, 2020 08:02 PM IST
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.
- May 29, 2020 06:27 PM IST
For the full FY20 financial year, the number came down to 4.2 percent from 6.1 percent in 2018-19.
- May 28, 2020 09:50 PM IST
In the first three quarters of FY20, the growth was 5.1 percent.
- May 27, 2020 07:18 PM IST
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.
- May 27, 2020 05:49 PM IST
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.
- May 26, 2020 02:52 PM IST
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.
- May 26, 2020 01:12 PM IST
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
- May 26, 2020 09:00 AM IST
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.
- May 22, 2020 09:21 AM IST
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.
- May 20, 2020 07:56 PM IST
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.
- May 19, 2020 03:40 PM IST
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.
- May 18, 2020 12:53 PM IST
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.
- May 17, 2020 08:34 PM IST
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
- May 14, 2020 12:05 PM IST
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
- May 12, 2020 10:56 AM IST
With remittances tapering and the tourism sector down, Kerala must focus on a scientific and profitable agriculture sector
- May 09, 2020 10:23 AM IST
The world order might require changing but such change is not about to happen soon for political and economic reasons