Congress'' chief spokesperson Randeep Surjewala said the third quarter GDP data proves yet again that fault lines in the Indian economy are more visible than ever before
Real GDP or GDP at Constant Prices (2011-12) in the year 2020-21 is likely to attain a level of Rs 134.09 trillion
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The economy contracted at an unprecedented 23.9 per cent in the first quarter (Q1) of FY21 and 7.5 per cent in Q2
Official data on Friday is likely to show that India exited a recession in the final three months of 2020, with economists in a Bloomberg survey forecasting a GDP expansion of 0.5% from a year ago
However, the wide range of forecasts in the latest poll - from a contraction of 4.7% to a 2.6% expansion - underscores the uncertainty.
The government will release the GDP numbers for the October-December quarter of the current fiscal on Friday
India is set to clear 45 investment proposals from China as border tensions ease; HSBC ups India's FY22 GDP forecast to 11.2%
The GDP numbers for the third quarter are expected to be released next week.
India's GDP is set to revert to the growth territory in the October-December 2020 period compared to the year-ago period, the ratings agency said
Imports also grow for second month, signifying domestic demand recovery
Economic activity is on the 'verge of normality' after getting severely hit by Covid-19, a Japanese brokerage said
The Centre's move in 2019 to cut base corporate tax from 30 per cent to 22 per cent, too, will lead to an improvement in the profit-to-GDP ratio
This is on account of various reforms undertaken by the government in the last ten months, PHDCCI said on Saturday
The YoY recovery in FY22 will be V-shaped, but the size of GDP will barely surpass the level attained in FY20
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Agency says loosening of fiscal policy to support economic recovery will lead to a rise in public debt, adding that debt-to-GDP trajectory is core to its sovereign rating assessment
Revenue of Centre and states is just 19 per cent of GDP, according to the International Monetary Fund.
We have taken up some big-bang disinvestments, particularly Air India and LIC on priority, said Bajaj
The focus has been on smoothening the GST structure and removing anomalies, as well as closing loopholes to curb fraudulent practices