Page 8 - Gdp Growth

India's GDP Q2 2020: Economic contraction narrows to 7.5% from 23.9% in Q1

Even if India continues to be in a technical recession, a drop in the rate of GDP contraction signals a revival for the economy after a major plunge in the wake of the coronavirus pandemic

GDP data: Contraction can be ignored, but pre-Covid declining trend irksome

While the country is now technically in a recession with two successive quarters of negative growth, it should not be worrisome as this is the case across the globe with China being the only exception

Sharp 23.9% GDP fall in Q1 will take at least a year to recover: Economists

Current year will continue with a drop of 7-7.5% which is lower than the earlier anticipated 10%

Three Facts with AKB: Now, FY21 GDP contraction is nearly certain for India

Three Facts with AKB: Now, FY21 GDP contraction is nearly certain for India

In order to avoid a negative growth in full FY21, India will need to see real GDP growth of over 15% in each of the two remaining quarters. That may not be possible in the present economic scenario

Resilience, recovery and then revival

Much remains uncertain about the Indian economy's future path. How can we grade the government's efforts to prop it up?

The post-lockdown scars

As economic indicators and tax receipts improve, evidence of stress begin to appear too

Statsguru: Rough terrain for states amid slowing economy hit by Covid-19

In FY20, provisional accounts indicate that states' revenue receipts were 12 per cent lower than the Budgeted amount

Real or nominal? Making sense of FM's 'near zero' GDP growth comment

A zero nominal growth rate of GDP would mean the real rate of growth of GDP would be in negative territory.

States cut FY20 capital expenditure by 0.6% of GDP, says RBI study

The cut in capex in FY20 was so big that the rate of capital spending to GDP dropped from the 2018-19 levels for all states

FM Sitharaman sees GDP growth in negative zone or near zero this fiscal

Finance Minister Nirmala Sitharaman on Tuesday said there were visible signs of revival in the economy but the GDP growth may be in negative zone or near zero in the current fiscal

Don't bet just yet on Bangladesh as South Asia's economic champion

Bangladesh might overtake India this year by per capita income in nominal dollars, but it is not yet close to becoming South Asia's economic powerhouse anytime soon. T N Ninan explains why

ICRA revises forecast, pegs India's FY21 GDP contraction at 11% from 9.5%

Ratings agency ICRA has revised its forecast for the contraction in India's FY21 GDP to 11 per cent from its earlier assessment of 9.5 per cent

S&P affirms India's 'BBB-' rating, projects 10% GDP growth in FY22

"The stable outlook reflects our view that India's contraction in fiscal 2021 will be followed by a significant recovery, which will stabilise the country's broader credit profile," said S & P

GDP to contract 8.6% in FY21, fiscal stimulus needed soon: UBS Securities

UBS Securities said it forecasts a GDP contraction of 8.6% in FY21 as against its earlier prediction of 5.8%, citing factors including the modest government response to the crisis for its estimate

Moody's forecasts 11.5% contraction in India's economic growth in FY21

The downward revision in India's forecast for FY21 comes on the heels of a sharp contraction in Indian economy in the April-June 2020 period

Reason for historic decline in GDP is Govt's Gabbar Singh Tax: Rahul Gandhi

Congress leader alleged that the result of NDA's GST is that for the first time, the Central government is unable to give money to States collected through tax

Will India's growth potential slip below rates achieved in 1980s and '90s?

The forces causing the growth slowdown and rising inequality were there before Covid-19, and these trends are now getting accentuated, writes T N Ninan

Finance Commission to deliberate on GDP growth, GST compensation

N.K. Singh, the Chairman of the 15th Finance Commission, along with the other members, will hold a day-long meeting with the Economic Advisory Council of the commission on Friday

A social contract for economic recovery

The case for cooperation on GST