Say Centre, RBI should ensure their policies don't stoke inflation
India might still have managed the economic storm if its Covid-19 case total was not exploding as well
Haseeb Drabu was the Finance Minister of Jammu and Kashmir from 2015 to 2018. He tells Aditi Phadnis the government needs to cast a fresh eye on the state's economic development
The country reported Monday its worst slump since quarterly numbers began publication in 1996: Gross domestic product shrank 23.9% in April to June
This is the first instance of an economic contraction for the country in at least four decades, and also the first GDP decline since India began publishing quarterly numbers in 1996
GDP data for the April to June quarter will reveal how badly the economy was hit by the coronavirus pandemic
Data due Aug. 31 will likely show GDP declined 19.2% in the quarter to June from a year ago
The Bank of Korea kept the seven-day repurchase rate at a record low of 0.5%, in an unanimous and widely expected decision, after 75 basis points of rate cuts this year
General government debt-to-GDP ratio stood at 75 per cent in FY20, according to the report by economists of Motilal Oswal Financial Services
Manufacturing, construction, and trade, hotels, transport and communication will be the worst-affected segments in the official set of numbers to be announced by the government on Aug 31, they said
For 2021 year, Moody's has projected Indian economy to grow 6.9 per cent
In a Q&A, Akshay Bellare, the president of Honeywell India, says Covid-19 has come as an opportunity and that he expects double-digit growth in the country over the next five years
The year-on-year expansion partly reflected a low base so it's hard to say the recession is over
Cautions against using tariff policy to attract firms from China; says there is credit risk as economy slows and half India's population may fall back into poverty
Japanese media reported the latest drop was the worst since World War II
The decline was mainly due to the effects of the coronavirus pandemic and the steps taken by the government to stop the spread of the virus
Based on the leading indicators YoY performance, we expect the gross value added (GVA) de-growth to be between -14.5 per cent and -16.5 per cent in Q1FY21, says Soumya Kanti Ghosh of SBI
It marks the first time in 11 years that the UK has tipped into a recession, which is defined by two consecutive three-month periods of falling GDP
This fund will be crucial for farmers, agri-entrepreneurs, start-ups, agri-tech players and farmer groups looking to boost the country's agriculture infrastructure, the group said
Despite this precipitous fall, they expect the farm sector to grow at 3.4%, and industry and services to contract sharply by 9.7%, and 6.1%