Page 22 - Gdp

CII sees Covid-19 shrinking FY21 GDP by 0.9% in worst-case scenario

Industry body again raises calls for more fiscal stimulus through Rs 1.5 trillion fund and credit protection for MSMEs

Covid-19 impact: RBI increases centre's WMA limit sharply to Rs 2 trillion

Ways and means advances (WMA) are temporary liquidity line given by the central bank to the government to meet short-term expenditure needs of the government

Will more foreign financing be needed?

It is important to remove the frictions, to connect the infinite capital of the global financial system with end-users in India

Deep Dive with AKB - Coronavirus crisis and govt response

Let's take a Deep Dive With AKB to understand how has the government's response to the crisis been so far and what will be the impact on its finances

World coronavirus dispatch: China's GDP contraction, Argentina's debt woes

From deliberations in the US and some of the European countries on reopening their economies to China's worst quarterly economic performance since 1992 - read these and more in today's dispatch

Economy needs more govt support

Lockdown was a brave decision. Now, policy-making requires a similar display of boldness

Market expects gradual withdrawal of lockdown measures, say analysts

Analysts at Nomura say the experience of countries that have successfully flattened the curve suggests that the duration of the lockdowns could be longer

World Bank sees India's GDP growth at 1.5-2.8%, lowest since 1991 crisis

Warns social distancing to be a challenge among migrant workers, slum dwellers

Coronavirus outbreak: Traders should highlight issues to get govt's help

The govt is trying to identify areas where relief by way of simplifying procedures or extending the deadlines can be provided

Coronavirus impact: DBS revises India's GDP estimate to 1.5% for FY21

The development comes a day after American brokerage Goldman Sachs revised its forecast for the country's real GDP growth to 1.6 per cent

Covid-19: India FY21 growth projection down 20 bps to 4.8%, says UN report

India's GDP growth for the fiscal year 2019-2020 was estimated at 5 per cent and is forecast to slow down to 4.8 per cent for the current fiscal 2020-21.

Coronavirus impact: Comparing India's economy in the 2 major crisis periods

The GDP growth rates given in the chart are based on the 2011-12 base year

Coronavirus lockdown set to cost India $120 bn, forecast brokerages

Experts suggest a rate cut along with loan forbearance and a special liquidity window for banks and NBFCs

Growth matters

Our goal of being a $5 trillion economy by 2024 is the first step. We need sustained growth of 8-10 per cent for 30 years

India's current account deficit narrows to $1.4 bn in December quarter

The CAD is a critical indicator of the macroeconomic health and represents the gap between the overall foreign exchange expended and received in the economy.

Australia unveils $11-bn stimulus to curb Coronavirus, avert recession

Australia's economy had already been limping before the coronavirus hit -- with raging bushfires and drought slowing growth to a stall

Coronavirus impact: Moody's slashes India's growth outlook for 2020 to 5.3%

According to Moody's Global Macro Outlook 2020-202l, the baseline growth for 2020 has been revised for all G-20 economies

ADB says global GDP may lose $77 bn-$347 bn due to Coronavirus outbreak

The range of scenarios explored in the analysis suggests a global impact in the range of USD 77-347 billion, or 0.1-0.4 per cent of global gross domestic product (GDP), it said

Impact of divergence between ministries and govt depts on economic data

Departments are most reluctant to factor in changes in the GDP within the same financial year

Some improvement in agriculture, but clear recovery not in sight yet

A few data points show improvement, but their sustainability, and recovery in other major economic indicators is vital