On a financial year basis, Nomura expect GDP growth of 4.7% in FY20 and 5.7% in FY21, suggesting a delayed recovery and below-potential growth through end-2020
S&P said India's fiscal metrics, including its fiscal deficit, annual change in net general government indebtedness, and net government debt stock, were weak
While the GDP data is released with a two-month lag, markets always try to factor in future expectations
Some items will also be removed from the GST exemption list that attracted some form of taxation in the pre-GST regime
The FRBM Act, after its amendment in 2018, allows a fiscal deficit slippage of not more than 0.5% for any given year, provided there are justifications
A fall in household spending is a signal that poverty may have increased, according to experts
In the absence of near-term government stimulus, markets may remain range-bound until Budget
Sitharaman said India's gross domestic product (GDP) growth during 2014-19 averaged 7.5 per cent, which was the highest among G-20 countries.
The brokerage attributed the evident dichotomy between GDP growth estimates and the benchmark target to the easy monetary policy that the central bank has been pursuing since the beginning of the year
Observing that tax rate cut would result in revenue loss of Rs 1.45 trillion, he wanted to know how the government will deal with the fiscal deficit
Biocon CMD Kiran Mazumdar-Shaw opined that few pragmatic policies can help put India on the top again
He said the "toxic combination of deep distrust, pervasive fear and a sense of hopelessness in our society" is stifling economic activity and growth
The rate of economic expansion was the lowest in more than six years; it slipped from 5 per cent in Q1 this year and 7.1 per cent in Q2 of FY19
Second-quarter GDP numbers are likely to be announced on Friday
The GDP and GVA were 5.0 per cent and 4.9 per cent respectively in Q1 and agriculture and services may maintain the growth rate recorded in the first quarter
The value of a strategic privatisation could easily be two to three times these companies' typical valuation
The economy has been on steady decline with growth rate slowing from 8.2 percent in FY16 to 6.8 percent FY19
Economic sentiment is as important as the actual data on the economy
Forecast lowest among recent predictions
Revises prediction from 6.2%, says slump lasting longer than expected