Page 11 - India Gdp Growth

Growth prospects have brightened with vaccine progress: RBI Governor Das

Reserve Bank Governor on Friday said growth rate is likely to turn positive in the second half of the current financial year.

Optimistic about revival in Q3, says FinMin in monthly economic review

FinMin said there were no fundamental or structural factors behind the GDP contraction

Macro backdrop calls for status quo on rates

The MPC in all likelihood would keep the repo rate unchanged at 4 per cent, extending the pause from its August and October meetings and reiterating the accommodative stance

OECD cuts India's FY21 GDP contraction rate to 9.9% from 10.2% earlier

Expects Budget to be cautious on fiscal expansion, sees rate cut by RBI around turn of the current financial year

S&P retains India's GDP forecast at 9% contraction for current fiscal

S&P Global Ratings on Monday retained its forecast of 9 per cent contraction in the Indian economy for the current fiscal, saying even though there are now upside risks to growth but it will wait for more signs that COVID infections have stabilised or fallen. S&P, in its report on Asia Pacific, projected the Indian economy to grow at 10 per cent in the next fiscal. "We retain our growth forecast of negative 9 per cent in fiscal 2020-2021 and 10 per cent in fiscal 2021-2022. While there are now upside risks to growth due to a faster recovery in population mobility and household spending, the pandemic is not fully under control. "We will wait for more signs that infections have stabilised or fallen, together with high-frequency activity data for the fiscal year third quarter, before changing our forecasts," S&P said. According to the official data released last week, Indian economy recovered faster than expected in the September quarter as a pick-up in manufacturing helped ..

Indian GDP to contract by 7-9% in FY21; Q2 numbers a positive surprise

Despite the base effect, agriculture and allied activities maintained a steady growth of 3.4 per cent in Q2 FY2021

Cheer in recession: GDP contracts at a slower pace of 7.5 per cent in Q2

As expected, agriculture held up yet again, clocking a growth of 3.4 per cent for the second consecutive quarter

On the road to V-shaped economic recovery, where does India stand

While the economy performed better than expected, it has a long road ahead when compared to other countries

Public debt in India - II

The security level analysis shows that the large contribution of nominal returns poses a potential risk for unstable debt-GDP dynamics in India

GDP estimates signal upside potential for Indian economy this fiscal: CEA

Given the uncertainty, he said, it is difficult to predict if positive territory can be hit in the third or fourth quarter of this fiscal

Indian economy claws back faster than expected in Q2; contraction at 7.5%

The gross domestic product (GDP) had contracted by a record 23.9 per cent in the first quarter of the 2020-21 fiscal (April 2020 to March 2021) as the coronavirus lockdown pummelled economic activity

Q2 GDP data today: India may see worst contraction among other economies

Mean forecasts put India's Q2 GDP contraction close to 10%; in Q1, the country's GDP number decline was steepest among G20 nations

Q2 GDP data to be released today: India may still enter technical recession

India's economy shrank at an unprecedented 23.9 per cent in the first quarter

Oxford Economics revises downwards India growth forecast for 2020-25

In a research note, it said India's post-COVID-19 scars could be among the worst in the world

Increase health spending to 2.5% of GDP, says 15th FC chairman N K Singh

Bats for a PPP model to address the deficit in health infrastructure

The fiscal balance

Govt will need to work on a consolidation plan

Moody's raises India's 2020 GDP forecast to -8.9% as Covid cases drop

India's economy had the biggest contraction, 24 per cent year-over-year in the second quarter

Top headlines: Govt expands stimulus, Moody's raises India GDP forecast

From govt announcing fresh stimulus aimed at creating jobs to TCS acquiring Pramerica Tech Services, Business Standard brings you the top headlines of the day

States' capital expenditure cut to cause GDP fall, estimates ICRA

While ICRA estimates an 11 per cent contraction in the overall GDP in FY21, it expects the contraction to narrow to 5-7 per cent in the Q3 and 1-2 per cent in Q4

Best of BS Opinion: Industrial era GDP measures, gold loans glitter & more

Here's a selection of Business Standard opinion pieces for the day