Page 16 - India Gdp Growth

Covid-19 crisis to bite India deeply, GDP to shrink 6% in FY21: DBS report

The yet to be stabilised infection curve reflects a deeper double-digit contraction in Q1 of FY21 and a shallower pickup in Q2 and a return to growth in Q3

Raghuram Rajan warns against 'unprecedented' rise in NPA levels in 6 months

Rajan cautioned that one should not mistake pent up consumption for normal consumption.

India's FY21 GDP growth to be in negative territory at -4.5%: Ficci survey

The Covid-19 pandemic outbreak has severely impacted the economic activities

Gold imports fall over 98% at $79.14 mn during Apr-May as Covid-19 bites

Imports of the yellow metal stood at $8.75 billion in the corresponding period of 2019-20.

Top headlines: States on GST compensation, Emami questions HUL & more

From states divided on alternative GST compensation, Emami questioning changing of 'Fair and Handsome' name to startups helping tenant amid Covid-19, here are the top headlines of the day

India's GDP likely to contract by 6.4% in FY21, says Care Ratings

The rating agency, in May, had projected a decline in GDP growth of 1.5-1.6 per cent in FY21.

Safe bet: Five reasons that will lead gold to all-time high price

Indian households supposedly hold 25,000 tonnes of gold valued at Rs.121.5 trillion, or almost 60 per cent of India's GDP.

Govt, RBI measures have slowed down contraction in economy: NCAER

NCAER expects the economy to grow by 1.3 per cent in FY21 in case there are no supply side disruptions.

What pulled down India's GDP growth in Q4? Most indicators contracted

Barring coal production, and to an extent cargo handled at sea ports, most of the main indicators that went into calculation of GDP growth contracted in the fourth quarter

Covid-19 to dent India's FY21 per capita income by 5.4%: SBI report

Among states, Delhi, Chandigarh, and Gujarat will be the worst hit with PCI falling 15.4 per cent, 13.9 per cent and 11.6 per cent, respectively in FY21

Top headlines: Trump blocks H-1B visa; India may cap China FPI investments

From Donald Trump blocking H-1B visa for certain foreign workers, Moody's lowering India GDP forecast to Maruti launching new BS-VI S-Presso, here are top news of the day

Unlock 1.0: Essential shopping rebounds fastest to pre-lockdown levels

The latest weekly figures show power generation is close to 2019 levels as industries gradually reopen.

Labour laws are not the reason hindering India's rapid industrialisation

Even in India, labour problem is low down on an entrepreneur's wish list. Corruption of labour inspector is quoted as a reason.

India's Covid-19 pandemic fiscal cost lowest among major nations: Report

Business Standard's own calculations suggest that the Centre's fiscal impact amounts to around Rs 2.28 trillion, or around 1.2 per cent of GDP.

Indian economy to bounce back with growth of 9.5% in next fiscal: Fitch

Listing positives for India, Fitch Ratings said there was greater confidence in a sustained reduction in general government debt over the medium term to a level closer to the 'BBB' peer median

GDP: The devil is in the revisions

Six iterations of annual data over a three-year period raise serious questions about the reliability of national income data as a basis for sound policymaking

Indian economy to contract by 3.2% this fiscal due to Covid-19: World Bank

In its latest edition of the Global Economic Prospect, the World Bank downgraded its projection of India by a massive negative nine per cent

CEA Krishnamurthy Subramanian sees FY21 fiscal deficit at over 5%

No doubt that economy will contract in Q1, Krishnamurthy Subramanian says

Covid-19 and the job crunch

Having realised that there is really no contradiction between "jaan" and "jahaan", states are gradually reopening their economies. But they are locking the stable doors after the horses have bolted

Dismantling of labour laws will take away workers' protection, says Ex-CEA

India's January-March GDP growth sank to 3.1 per cent, a low not seen in at least 17 years