Jobs and GDP, by contrast, sort of are the economy. But they aren't the economy's point
Delhi Deputy Chief Minister Manish Sisodia on Monday said a law should be made for spending six per cent of GDP to education
Gains seen compared to the previous week, besides improvement relative to 2019
A week after India reported a significant contraction in its GDP during the April-June quarter of 2020-21 fiscal, Raghuram Rajan has said that the negative GDP growth numbers should alarm everyone
Say Centre, RBI should ensure their policies don't stoke inflation
Dhiraj Relli, MD and CEO of HDFC Securities says that a weak dollar could help improve India's trade and current account situation and FPI flows
The pandemic, much less fatal than earlier feared, is now beyond control, but the economy can still be helped
The country reported Monday its worst slump since quarterly numbers began publication in 1996: Gross domestic product shrank 23.9% in April to June
Here are the top business headlines on Tuesday
GDP shrinkage is the cost of continued virus spread
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
Experts peg the GDP fall at up to 35%, but statistics office may calculate it at 15-16% due to unavailability of data for informal sector
Indian economy is facing an unprecedented contraction in India's GDP in FY21, described as the "worst health and economic crisis in [the] last 100 years," by the RBI Governor
The Bank of Korea kept the seven-day repurchase rate at a record low 0.50%
India needs reforms to enhance productivity
India needs to liberate education from political control and give institutions the autonomy needed to innovate
It attributed the revision mainly to smaller gross value added (GVA) degrowth by listed companies for the quarter
Forget the health of the banks, what should be worrying the regulators is just the number of banks through which such financial intermediation can take place
Another mechanism to promote low-ticket housing is through a safeguard quite like the credit guarantee scheme for micro, small and medium enterprises, which has seen a decent offtake
Seasonally adjusted, industrial production grows nearly 24% month-on-month