Lowers the contraction rate for India's gross domestic product to 10.6 per cent for 2020-21 from earlier 11.5 per cent
As Q2 will be the second quarter of economic contraction, India in all probability has entered a technical recession for the first time since quarterly GDP data began being compiled
While India's public debt-GDP numbers are not as sordid as in some parts of the world, it is important to understand the factors that have helped shape its public debt dynamics
India now has one of the smallest industrial sectors in Asia at 27.5%, with the exception of Pakistan, Nepal
Real stimulus would be to tax people less because spending is as much about feeling good, as it is about having the money and depressed people don't go out shopping
From market-cap to GDP ration touching highest in 12 quarters, to bond the market's positive reaction to RBI's moves, here are the top headlines on Monday
Things that cannot go on forever will not go on forever. There will be a change in the direction of the wind. One must hope it will be slow and calibrated, writes T N Ninan
India's economy had the biggest contraction, 24 per cent year-over-year in the second quarter
The report, however, said that India's share in world market-cap is at 2.3%
FM Sitharaman said increased digitisation will help in making better assessment of the country's economic growth and nudged tax practitioners to suggest their clients to shift towards digital payments
Warns second Covid wave may derail recovery as breach of social distancing is being observed
The quarter-on-quarter increase was easily the biggest since current records began at the start of the 1980s, and benefited from massive stimulus spending in the United States.
China's role as lender has complicated relief efforts
The economy grew 0.7 per cent in the first nine months from a year earlier, the data showed
What is the institutional infrastructure through which the Union and state governments can expand borrowing in a special situation?
Even as national GDP growth declined to 6.1% in 2018-19 and to 4.2% the next year, Bihar's GSDP growth rose to 9.3% and 10.5%, respectively
Rating agency expects GDP to decline by 11% in FY21; this will trickle down into lower demand for the automotive industry in general
IMF now expected the world economy to fall less severely by 4.4 per cent than 5.2 per cent it projected earlier for 2020
The new schemes which will put an additional burden of Rs 40,000 crore on the government form 0.21 per cent of the GDP
Says the country is seeing rural economy coming back, is confident urban and metro economy will also grow