Certainty on interest rate path by RBI and clarity that the government will not risk more borrowing than committed are immensely helpful
The MPC would do well to follow its dharma of supporting the economy in these troubled times by continuing to maintain an accommodative policy even as inflation stays above its tolerance band
India now has one of the highest inflation rates in the world
Business sentiments across Indian industry stood at 77.3 in Q4FY20; compared to 111.2 in Q3FY20 - a 32.9 percent drop YoY
Does Hong Kong remain a dream destination for global capital, manufacturing, and services? Probably the large-scale protests, layoffs, and Sinification of Hong Kong hold the answer
As a result, besides contracting for the whole year, GDP will contract in each quarter in FY21 (April 2020 to March 2021).
Developing Asia will barely grow in 2020, as containment measures to address the coronavirus disease (COVID-19) pandemic is expected to hamper economic activity and weaken external demand, ADB said in a supplement to its Asian Development Outlook (ADO).
S&P has projected India's economy to shrink by 5 percent in the current fiscal, and the growth recover to 8.5 percent next fiscal.
The ratings agency forecasts GDP growth of 6-7 percent for India beyond next year
As per SBI's research Ecowrap report, India is likely to end the current fiscal with current account surplus, if the oil prices in the international market remain subdued and do not show volatility during the course of the financial year.
CII on June 4 laid out a 10-point road map to revive growth and navigate the challenges of loss of lives and livelihoods posed by the global pandemic Covid 19 that has forced countries across the world to reset their growth paths
Growth in the non-farm private sector was 2 percent even in the December 2019 quarter.
The coronavirus crisis will worsen India’s Four Balance Sheet problem.
Based on its performance this last year, the second year of the Modi 2.0 government promises to bring far reaching changes to the agricultural economy
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.
While political systems, level of State capacity and trajectory of development may vary, cities in China and India have retained many common threads of socio-spatial exclusion of migrant workers
The world order might require changing but such change is not about to happen soon for political and economic reasons
Fuel demand growth in India, the world's third-biggest oil importer and consumer, plunged to historic lows in April, provisional data shows, as the country's eight-week long lockdown hit economic and industrial activity.
The unicorn is not planning salary cuts but will keep an eye on costs, says CEO Sarbvir Singh.
The Monetary Policy Committee (MPC), headed by Reserve Bank of India (RBI) Governor Shaktikanta Das, was originally scheduled for March 31, April 1 and 3, 2020, but was advanced in view of the coronavirus pandemic.
India's economy is expected to grow 1.5 percent to 2.8 percent in the 2020-21 fiscal which started on April 1, the World Bank said in its South Asia Economic Focus report.
The pandemic is causing "an unprecedented global shock, which could bring growth to a halt and could increase poverty across the region," said Aaditya Mattoo, World Bank chief economist for East Asia and the Pacific on Monday.
HDFC Bank has delivered manifold returns since it made its debut at the exchanges in 1995.
According to Dun & Bradstreet's latest Economy Forecast, the probability of countries entering into recession and companies going bankrupt has increased and India is not likely to "remain decoupled" from the global meltdown.
"For the full year, we now expect India's real GDP growth to slow further to 4 percent year-on-year in FY21 (previously 5.1 percent)," UBS said in a research note.