Rahul Gandhi took a dig at the government over IMF growth projections showing Bangladesh closing in on India in terms of per capita GDP this year
Singapore's economy contracted slightly more than expected in the third quarter from a year earlier, preliminary data showed on Wednesday.
Now that the steep decline in economic activity is behind us, it is time to assess what parts of the economy have the worst scars
Gross domestic product shrank by 19.8 per cent in the three months to June
Power generation numbers and Delhi emissions, too show economy may be turning the corner
Harsh Vardhan reiterated the the Narendra Modi government's commitment to increase the expenditure on public health to 2.5 per cent of India's gross domestic product (GDP) by 2025.
Time taken in reconciliation of compensation receipts can't be termed as diversion of GST cess fund when the dues to states were fully released by the central government, they said
S&P affirmed its rating on India's long-term foreign and local currency sovereign credit at the lowest investment-grade level and retained its stable outlook on the economy
It said that the real GDP in advanced economies (AEs) contracted 11 per cent, while it shrank 14 per cent in emerging and developing economies (E&DEs), excluding China
Deutsche raised its forecast for global GDP, expecting it to shrink 3.9% this year after predicting in May a contraction of 5.9% for 2020
Government data on power, freight emerge as silver linings
Facing reversals on every front, anger against the govt, especially amongst the youth seems to be growing and this can create problems for the PM and BJP
In India, where lockdowns have stalled private spending, GDP will shrink by 9% this year, sharply down from June's forecast of -4%
BENGALURU (Reuters) - S&P Global Ratings said on Monday that it was expecting India's economy to shrink by 9% in the fiscal year ending March 31, 2021, larger than its previous estimate of a 5% contraction, as the country reels under the impact of the COVID-19 pandemic.
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
Real GDP in 2021-22 will be lower than in 2019-20
Till August 2020, India has spent 1.2% of its gross domestic product directly from budgetary resources
Attributes it to Covid-19 cases and lack of stimulus from govt
Real GDP in 2021-22 will be lower than in 2019-20 and the economic, social and strategic consequences will be profoundly negative
Centre's proposals on settling states' demand for GST compensation can throw up new challenges