GDP,

Care Ratings revises India's GDP growth forecast to 10.2 pc for FY22

Care Ratings revises India's GDP growth forecast to 10.2 pc for FY22

This is the third revision by the rating agency in the last one month. "We have revised our forecast for GDP growth for FY22 as the under...Read More

Icra cuts its FY22 GDP estimate by 0.5%, sees economy expanding by 10.5%

Icra cuts its FY22 GDP estimate by 0.5%, sees economy expanding by 10.5%

Meanwhile, Nomura, a Japanese brokerage on Monday said the 'Oxford Stringency Index' for India has risen to 69.9 as of April 13, from a r...Read More

National lockdown can dent GDP growth by 2%, states should do with local curbs: Report

National lockdown can dent GDP growth by 2%, states should do with local curbs: Report

A month's national lockdown can hurt GDP growth by 2 percentage points, an American brokerage warned on Monday while expecting government...Read More

Brokerages downgrade India's GDP growth projections for FY'22 amid resurgence of Covid cases

Brokerages downgrade India's GDP growth projections for FY'22 amid resurgence of Covid cases

With the resurgence of COVID-19 cases posing risks to economic recovery, leading brokerages have downgraded India's GDP growth projection...Read More

Second wave of COVID-19 poses risk to economic recovery; Q4 GDP to be hit: Report

Second wave of COVID-19 poses risk to economic recovery; Q4 GDP to be hit: Report

Noting that a month-long nationwide lockdown can shave off 100-200 basis points off the GDP, the brokerage said growth is still weak, amp...Read More

Rupee becomes Asia's worst-performing currency; falls 17 paise against US dollar amid a surge in COVID-19 cases

Rupee becomes Asia's worst-performing currency; falls 17 paise against US dollar amid a surge in COVID-19 cases

From being a better performing currency in the previous quarter to turning into a weak one, has made Indian rupee turned into the worst-p...Read More

COVID-19 impact: Lockdowns to shave $1.25 billion a week off economy

COVID-19 impact: Lockdowns to shave $1.25 billion a week off economy

Amid surging pandemic cases forcing many states to curb mobility and businesses, a report has said these localised lockdowns in key econ...Read More

Evidence of normalisation of India's economic activity: IMF chief economist

Evidence of normalisation of India's economic activity: IMF chief economist

"The evidence we were getting in the last couple of months in terms of the normalisation of economic activity," Gita Gopinath said.

Repo rate to remain unchanged, says RBI Governor Shaktikanta Das

Repo rate to remain unchanged, says RBI Governor Shaktikanta Das

The monetary policy committee (MPC) voted unanimously to keep the repo rate unchanged, stated RBI Governor Shaktikanta Das. He stated the...Read More

GDP growth is retained at 10.5% for FY22, says RBI Governor Shaktikanta Das

GDP growth is retained at 10.5% for FY22, says RBI Governor Shaktikanta Das

The projection of real GDP growth for 2021-2022 is retained at 10.5 per cent, says RBI Governor Shaktikanta Das during the bi-monetary po...Read More

India bounced back big way but not out of woods; real GDP growth to be 7.5-12.5%: World Bank

India bounced back big way but not out of woods; real GDP growth to be 7.5-12.5%: World Bank

India's economy has bounced back amazingly from the COVID-19 pandemic and nationwide lockdown over the last one year, but it is not out o...Read More

Fitch revises India GDP growth to 12.8% for FY22

Fitch revises India GDP growth to 12.8% for FY22

Fitch Ratings has revised India's GDP growth estimate to 12.8 per cent for the fiscal year beginning April 1 from its previous estimate o...Read More

Pandemic pushes back USD 5 trillion GDP goal by 3 years to FY32: Report

Pandemic pushes back USD 5 trillion GDP goal by 3 years to FY32: Report

The pandemic-induced shocks to the economy which have already shaved off 15.7 per cent of the GDP from the previous year, will delay the ...Read More

'Second wave' of COVID-19 infections impacting business normalisation: Report

'Second wave' of COVID-19 infections impacting business normalisation: Report

The 'second wave' of the pandemic is delaying business normalization in the country, as coronavirus infections rise in Maharashtra and ot...Read More

Consumer recovery in India getting underway: Fitch

Consumer recovery in India getting underway: Fitch

Despite unemployment remaining heightened at 8 per cent through 2021 and 2022, consumers' confidence is returning with people expecting a...Read More

Sensex soars 750 points as investors cheer Q3 GDP data

Sensex soars 750 points as investors cheer Q3 GDP data

The benchmark BSE Sensex surged nearly 750 points and NSE Nifty rallied over 232 points on Monday as investors cheered the domestic econo...Read More

Teji Mandi: Three things investors should know on March 1, 2021

Teji Mandi: Three things investors should know on March 1, 2021

Private investment remains a sore point: The Reserve Bank of India in its monthly bulletin has expressed satisfaction over the momentum i...Read More

India officially exits ‘technical recession', GDP in Q3 of 2020-21 shows growth at 0.4%

India officially exits ‘technical recession', GDP in Q3 of 2020-21 shows growth at 0.4%

The Indian economy may not be out of the woods but it has surely snapped out of what has been dubbed as ‘technical recession.’The bounce ...Read More

India's GDP in Q3 of 2020-21 shows growth at 0.4%: Govt data

India's GDP in Q3 of 2020-21 shows growth at 0.4%: Govt data

India has officially exited the technical recession phase that was brought about by the Covid-19 pandemic, as the country's Q3FY21 GDP gr...Read More

Moody's expects India's fiscal position to remain weak

Moody's expects India's fiscal position to remain weak

According to Moody's, the prospects for fiscal consolidation remain weak particularly given the government's mixed track record of implem...Read More

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