People may have got sicker and poorer under him, but his appeal remains untarnished. How is that possible?
Irrespective of whether it is sequential or year-on-year, the inference remains the same; South Africa's 50% contraction is "annualised" and is incomparable to India's 24% fall
This will be the first time in four decades that the Indian economic growth will contract
High-frequency indicators show signs of gains amid talk of second wave
It assessed that impact of the rising Covid-19 cases on private spending and investment will be for a longer period than what was expected earlier
Rains do swivel between normal, deficient and excess across years, but good rains in times of severe contraction in the economy are a big relief
Markets have run ahead of fundamentals, but this has been a broad global trend, says Venugopal Garre
Attributes it to Covid-19 cases and lack of stimulus from govt
Impact on wages to severely dent consumption and decelerate recovery, says India Ratings
Global rating and research houses, such as Fitch and Goldman Sachs, have cut their estimates for growth in India's GDP for the current fiscal 2020-21.
Downward revision follows a sharp contraction in the economy in the April-June period, when GDP came in at a negative 23.9 per cent YoY, the worst show in nearly four decades
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, when the GDP came in at a negative to 23.9 per cent year
Impact on the economy would be heavier than estimated
At current prices, GDP was down 20.6 per cent, doing better than India Inc
If annual expenditure is kept unchanged from the budgeted Rs 30 trillion, a worst-case scenario can push Centre's fiscal deficit to 8.1 per cent of GDP
Noting that the lockdown has put a brake on the economy, the paper suggested that the need to kick start the economy and move it forward has become urgent
Ministry asserts India is on V-shape recovery path from Q2 onwards; says GDP plummeted most because of severest lockdown measures taken against pandemic
According to Bloomberg data, China's m-cap stood at just $407 billion in May 2006 - 45 per cent below India's m-cap of $745 billion
The IMF chief in a tweet showed India's internationally comparable quarter-on-quarter GDP shrank the most among G-20 countries at 25.6%
Prescribe demand booster dose from govt, but many say that's unlikely to come