Says Covid vaccines aren't likely to reach majority even in a year, Cautions against weak balance sheets, challenges in financial sector
India's economy recovered faster than expected in the third quarter as a pick-up in manufacturing helped GDP clock a lower contraction of 7.5 per cent.
All that happened in the markets today
In a Q&A, Rajiv Kumar says GDP growth could be a small negative in Q3, positive in Q4, even as he calls for more measure to spur private investment
While the economy will still see a fall in FY21, it is likely to be less pronounced than what experts had forecast earlier
Warns about the possibility of another, more devastating Covid wave, strikes an optimistic chord on declining infections
Current year will continue with a drop of 7-7.5% which is lower than the earlier anticipated 10%
In order to avoid a negative growth in full FY21, India will need to see real GDP growth of over 15% in each of the two remaining quarters. That may not be possible in the present economic scenario
Ficci President Sangita Reddy said the GDP print has come in as a pleasant surprise
Tune in to know why should one worry about the industry's falling share in India's GDP, how does it affect the country's overall economic growth in the long-term and more
For the current fiscal, Fitch Ratings has projected a 10.5 per cent contraction in Indian economy
As Q2 will be the second quarter of economic contraction, India in all probability has entered a technical recession for the first time since quarterly GDP data began being compiled
Barclays lifted its fiscal 2022 growth forecast for the Indian economy to 8.5% from an earlier projection of 7%
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In the past 15 years, the ratio has ranged from a low of 52 per cent in March 2005 to a record high of around 150 per cent at the end of December 2007
The pandemic-induced lockdowns had led to a steep contraction of 23.9 per cent in the GDP for the April-June quarter as compared to the same period a year ago
The manufacturing sector has been languishing long before coronavirus, despite the intended push from Make-in-India; Business Standard attempts to find out why
Strengthening the revenue forecasting system will yield better results than fixing deficit targets within a range
In light of the Coronavirus (Covid-19) pandemic, health insurance has seen a surge in demand from consumers