Gross Domestic Product

Indian economy witnessing V-shaped recovery: FinMin report

Indian economy witnessing V-shaped recovery: FinMin report

The decline in the GDP narrowed to 7.5 per cent in the second quarter of this financial year, over 23.9 per cent in April-June quarter.

India's economy likely to tank 9 pc due to Covid distress: S&P

India's economy likely to tank 9 pc due to Covid distress: S&P

"One factor holding back private economic activity is the continued escalation of the Covid-19," said Vishrut Rana, Asia Pacific Economis...Read More

Crisil revises FY21 real GDP growth forecast to (-)9%

Crisil revises FY21 real GDP growth forecast to (-)9%

According to the ratings agency, with the pandemic's peak not yet in sight and the government not providing adequate direct fiscal suppor...Read More

Indian economy worst hit, FY21 GDP to contract 14.8%: Goldman Sachs

Indian economy worst hit, FY21 GDP to contract 14.8%: Goldman Sachs

It had earlier estimated that the economy of the country, which is now home to the second-largest number of COVID-19 infections, to contr...Read More

India reeling under 'Modi-made disasters': Rahul Gandhi

India reeling under 'Modi-made disasters': Rahul Gandhi

Congress leader Rahul Gandhi on Wednesday hit out at Prime Minister Narendra Modi over the state of the economy, rise in COVID-19 cases a...Read More

GDP numbers, auto sales data fresh triggers for stock market this week: Analysts

GDP numbers, auto sales data fresh triggers for stock market this week: Analysts

During this data heavy week, the investor focus will also remain on global market trends and COVID-19 updates like the number of infectio...Read More

Japan sees worst Q2 GDP contraction in 40 years amid COVID-19

Japan sees worst Q2 GDP contraction in 40 years amid COVID-19

It is the worst result since comparable data became available in 1980, said NHK World, as personal consumption plunged while people staye...Read More

GDP may have contracted 16.5% in June quarter: SBI

GDP may have contracted 16.5% in June quarter: SBI

More worryingly, it said, the rural recovery is unlikely to support the pace of growth in subsequent quarters as the per capita monthly e...Read More

GDP may hit lowest since 1947, warns N R Murthy

GDP may hit lowest since 1947, warns N R Murthy

He also pitched for developing a new system that should allow every player in every sector of the country's economy to operate at full st...Read More

India's GDP to contract by 3% in FY21: BofA

India's GDP to contract by 3% in FY21: BofA

BofA Securities also said the RBI will monetise the fiscal deficit through purchase of government bonds of up to USD 95 billion through o...Read More

Interest-free moratorium will lead to loss close to 1% of GDP: RBI to SC

Interest-free moratorium will lead to loss close to 1% of GDP: RBI to SC

The Reserve Bank of India has opposed waiving off the interest during the moratorium period, insisting that the aim and object of allowin...Read More

'India's Q1 GDP may contract 40%, states to lose Rs 30 lakh cr on Covid'

'India's Q1 GDP may contract 40%, states to lose Rs 30 lakh cr on Covid'

It also estimated that total Gross State Domestic Product (GSDP) loss due to Covid-19 for states stands at Rs 30.3 lakh crore, which is 1...Read More

India facing its worst recession in current fiscal, says Crisil

India facing its worst recession in current fiscal, says Crisil

"The first quarter (April to June 2020) will suffer a staggering 25 per cent contraction," it said in its assessment of India's GDP.

Total fiscal impact of 'Rs 20L cr package' to be Rs 1.50 lakh cr: Report

Total fiscal impact of 'Rs 20L cr package' to be Rs 1.50 lakh cr: Report

"We estimate that the actual fiscal impact on the budget will be only Rs 1.5 lakh crore (0.75 per cent of GDP), based on our calculations...Read More

Virus-hit Chinese economy shrinks 6.8 pct in Q1

Virus-hit Chinese economy shrinks 6.8 pct in Q1

The country's economic and social development witnessed overall stability in Q1, the NBS said at a press conference, while acknowledging ...Read More

India set to become world's 4th largest economy with USD 5 trillion GDP by 2026: Report

India set to become world's 4th largest economy with USD 5 trillion GDP by 2026: Report

India is expected to overtake Germany to become fourth-largest economy in 2026 and Japan to become third largest in 2034, according a rep...Read More

'Our next FM?':  Twitter trolls BJP MP for saying GDP ‘isn’t Bible or Ramayana’

'Our next FM?': Twitter trolls BJP MP for saying GDP ‘isn’t Bible or Ramayana’

Nishikant Dubey's comments come at a time when the Modi govt has been pushing to make India a $5% trillion economy.

India's GDP growth slumps to 4.5% in Q2 FY20

India's GDP growth slumps to 4.5% in Q2 FY20

New Delhi: The economic growth slowed to 4.5 per cent in the July to September quarter from 7.1 per cent in the corresponding period of l...Read More

Gross Happiness is also important along with GDP: Pranab Mukherjee

Gross Happiness is also important along with GDP: Pranab Mukherjee

New Delhi: Former President Pranab Mukherjee said here on Thursday that Gross Happiness is no less important than Gross Domestic Product ...Read More

Government rebuts ex-CEA Arvind Subramanian's contention on GDP; says right methodology followed

Government rebuts ex-CEA Arvind Subramanian's contention on GDP; says right methodology followed

The government rebutted former CEA Arvind Subramanian's contention regarding over-estimation of the GDP data and stated that proper metho...Read More

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