Dec 18, 2020 10:29 PM IST
Four agencies have improved their FY21 GDP forecast for India in the past one week or so. These include Asian Development Bank, State Bank of India, Fitch, and India Ratings.
- Dec 02, 2020 08:26 PM IST
Kamath said that interest rates are truly moving down and there is no better tonic than low interest rates to drive demand. He also complimented the government on extension of ECLGS scheme.
- Dec 01, 2020 04:33 PM IST
One of the most crucial input data points used in GDP and GVA calculations is the Index of Industrial Production (IIP). IIP contracted by 10.4 per cent in July year-on-year, by 8 per cent in August and expanded by 0.2 per cent in September. So, in a quarter where IIP contracted during two months and barely rose in month, manufacturing GVA showed positive growth.
- Nov 29, 2020 08:56 PM IST
Farmers, benefiting from a bumper crop, are lapping up tractors while demand for personal vehicles, due to a lack of public transport and the need for safer travel options, has boosted sales of cars and motorcycles
- Nov 28, 2020 07:29 PM IST
Nomura has revised the GDP forecast for India to (-)8.2 percent from previously predicted (-)10.8 percent for FY21
- Nov 28, 2020 06:57 PM IST
With improvement in manufacturing, due to lifting of lockdown measures GDP contraction has slowed down significantly. Agriculture sector continued to perform well with growth at 3.4 percent.
- Nov 28, 2020 10:24 AM IST
The better-than-expected GDP print is good news, but India’s growth was lower than most of the major economies in the September quarter
- Nov 28, 2020 09:30 AM IST
India has formally entered a technical recession as the GDP contracted for the second consecutive quarter. Let's find out what this means for the Indian economy:
- Nov 28, 2020 08:07 AM IST
GDP shrinks 7.5% during Q2 FY21. Get more details here with Gaurav Choudhury, Consulting Editor, Network18
- Nov 27, 2020 09:23 PM IST
With the number of confirmed COVID-19 cases rising once again, the government’s representative - Chief Economic Advisor Krishnamurthy Subramanian - advised cautious optimism
- Nov 27, 2020 08:44 PM IST
It is a significant improvement in comparison to India’s GDP in the April-June quarter of the current fiscal which saw an unprecedented 23.9 percent drop during the early stages of nationwide lockdown induced by novel coronavirus pandemic. Sectors such as agriculture, fishing continues to grow in the second quarter of FY21.
- Nov 27, 2020 08:26 PM IST
Rahul Gandhi said this after India's GDP growth contracted by 7.5 percent in the July-September quarter. The GDP had contracted by 23.9 percent in the April-June quarter.
- Nov 27, 2020 07:58 PM IST
Experts feel the GDP print for FY21 could see a contraction of 6-7.5 percent, much lower than current expectations of 10-11 percent
- Nov 27, 2020 07:42 PM IST
The COVID-19 pandemic’s effect on the Indian economy has been brutal and debilitating. A disaggregated analysis of the Q2 GDP numbers, however, held out hope amid the piling rubble of ruin with many sectors including manufacturing, agriculture, and electricity reporting smart rebound
- Nov 27, 2020 06:42 PM IST
Government Final Consumption Expenditure fell to 10.9 percent in the July-September quarter from 13 percent a year-ago, while Private Final Consumption Expenditure fell to 54.2 percent from 56.5 percent a year ago
- Nov 27, 2020 06:11 PM IST
Manufacturing saw a growth of 0.6 percent in July-September of 2020-21, against a contraction of 0.6 percent in the same period a year ago, while construction saw a contraction of 8.6 percent, against a growth of 2.6 percent in the same period a year ago
- Nov 27, 2020 05:54 PM IST
In the April-June quarter of the current fiscal year, India's GDP had contracted by 23.9 percent
- Nov 27, 2020 05:33 PM IST
The Indian economy had contracted by 23.9 percent in the April-June quarter.
- Nov 27, 2020 05:18 PM IST
The September growth number has been revised to -0.1 percent versus -0.8 percent earlier.
- Nov 27, 2020 03:37 PM IST
Wondering if India's economy is actually on the path to recovery? These 5 charts could help you put things into perspective
- Nov 27, 2020 03:01 PM IST
CEA Krishnamurthy Subramanian stated that each of the high frequency indicators were doing well till February until COVID-19 hit, while CSO Kshatrapati Shivaji sees V-shaped recovery.
- Nov 27, 2020 01:03 PM IST
Amongst these 16 stocks, Reliance Industries, Infosys and Muthoot Finance already turned multibaggers in last eight months, while other stocks gained 15-91 percent in same period.
- Nov 27, 2020 09:02 AM IST
Care Ratings estimates the contraction in the July-September of this fiscal year, to be 9.9 percent, while rating agency ICRA estimates it to be 9.5 percent.
- Nov 27, 2020 08:57 AM IST
Most GDP projections are much better than the 23.9 percent slump recorded for Q1FY21
- Nov 26, 2020 07:13 PM IST
A number of high-frequency indicators have shown gradual signs of pick up, pointing towards overall economic recovery in the country. In fact, by September, indicators like vehicle sales, real estate, manufacturing PMI, and railway freight earnings, had outstripped September 2019