According to the data, the number of active COVID-19 cases in the country stood at 748, while 66 people were either cured or discharged and one had migrated
For many sides of coronavirus, read on. Uddalok Bhattacharya sums up the views.
We believe the debt market is very attractively priced from a short-to-medium term perspective.
While the Monetary Policy Committee (MPC) of the RBI originally was slated to meet in the first week of April, the central bank in a surprise move is holding a briefing today
Even when the lockdown period ends, it will take time for the economy to be fully up and running. The public fear factor, analysts feel, will still result in below-normal activity for a few months
The difficulties facing the Indian economy have been exacerbated by Yes Bank failure, it said
S&P Global Ratings on Wednesday lowered India's economic growth forecast to 5.2 per cent for 2020, saying the global economy is entering a recession amid the coronavirus pandemic. The agency had earlier projected a growth rate of 5.7 per cent during the 2020 calendar. Asia-Pacific economic growth in 2020 will be more than halve to less than 3 per cent as the "global economy enters a recession", S&P said in a statement. An enormous first-quarter shock in China, shutdowns across the US and Europe, and local virus transmission guarantees a deep recession across Asia-Pacific, said Shaun Roache, chief Asia-Pacific economist at S&P Global Ratings. "We lower our forecasts for China, India, and Japan for 2020 to 2.9 per cent, 5.2 per cent and -1.2 per cent (from 4.8 per cent, 5.7 per cent, and -0.4 per cent previously)," S&P said. On Tuesday, Moody's Investors Service had lowered India's economic growth forecast for 2020 to 5.3 per cent (from 5.4 per cent), in the wake of the .
The data and the feel after six years under PM Modi prove a strong leader doesn't necessarily give us decisive economic leadership unmindful of immediate political risks
"All these expenditures are unlikely to be imparting any fresh growth stimulus to the Indian economy," he argued
'These forecasts appear ambitious given the combination of structural and cyclical challenges that the Indian economy faces'
The survey said the exponential rise in India's GDP and GDP per capita post liberalisation coincides with wealth generation in the stock market
The recent history of the world suggests economic pain doesn't create electoral openings
Here are the five people who best represent the story of the Indian economy in the 2010s
Says Article 370, Ram Janmabhoomi and Citizenship Amendment Act were challenges bequeathed as a legacy of the past, with no effort on the part of previous regimes to resolve them
The economists present also spoke about the need to rescue NBFCs
A fall in household spending is a signal that poverty may have increased, according to experts
The dominant sector of the economy had suffered two straight-months of contraction since September
Wednesday's upbeat survey comes after official data showed India's annual economic growth slowed to 4.5% in the July-September quarter, its weakest pace since 2013.
Replying to a discussion on the economic situation, Nirmala Sitharman reeled out numbers to compare UPA and NDA
Congress spokesperson Rajeev Gowda alleged that there is an agrarian distress but the government will ensure that no data comes out