Page 2 - Latest Updates on Gross Domestic Product (GDP)
India's sovereign rating to remain at current level for next 2 years: S&P
The country will see a slightly faster pace of growth in the next couple of years that will support its sovereign rating: S&P
 "India's sovereign rating to remain at current level for next 2 years: S&P")
Covid-19 fallout: Outdated CPI, GDP may have to wait longer for revision
Revision of CPI and GDP base years from 2011-12 and 2012, respectively, was dependent on the outcomes of the consumer expenditure survey of 2017-18, which the govt junked sometime back
 "Covid-19 fallout: Outdated CPI, GDP may have to wait longer for revision")
Second Covid-19 wave heightens downside risks to India's GDP, says S&P
The country is already facing a permanent loss of output versus its pre-pandemic path, suggesting a long-term production deficit equivalent to about 10% of GDP
 "Second Covid-19 wave heightens downside risks to India's GDP, says S&P")
Navy outlines plan to quadruple India's blue economy by the year 2050
Ocean-based trade currently contributes about 4 per cent of India's Gross Domestic Product
 "Navy outlines plan to quadruple India's blue economy by the year 2050")
BS READS: India, Pakistan and the story of lost trading potential
Pakistan's proposal of lifting the ban on cotton and sugar imports from India turned out to be a non-starter. Both countries have a compelling economic case to resume trade ties as soon as possible
 "BS READS: India, Pakistan and the story of lost trading potential")
Economy since 2009: Fact and Fiction?
While many contemporary economists seem to have lost interest in economic history altogether, those born before 1980 have turned most unbecomingly partisan
Retail loan growth will continue to remain far from encouraging for banks
Retail loan growth at 9.1 per cent for February 12 fortnight is the weakest so far; Nifty Bank index is up 60 per cent in six months
 "Retail loan growth will continue to remain far from encouraging for banks")
Finance ministry cracks the whip on insurance companies for ignoring MSMEs
Reluctant insurers have failed to offer the cover especially curated by the ministry following the UK Sinha panel's recommendations
 "Finance ministry cracks the whip on insurance companies for ignoring MSMEs")
Do economic forecasts depend on the nature of the economist?
The forecaster's personality seems to influence the forecast. While some are congenital optimists, others are pessimists. They are like the bulls and bears of economics-econometrics confluence
Feb PMI eases to 57.5 from 57.7 in Jan, but remains at elevated level
Although growth more or less remained at an elevated level, employment declined further amid Covid-19 restrictions
 "Feb PMI eases to 57.5 from 57.7 in Jan, but remains at elevated level")
LIVE: Traders declare Bharat Bandh as success, claim loss of Rs 1 trillion
The call for the bandh was given by the Confederation of All India Traders (CAIT). Stay tuned for Latest LIVE news
 "LIVE: Traders declare Bharat Bandh as success, claim loss of Rs 1 trillion")
A different Modi: The PM is no longer shy of showing his real hand
A faltering economy may have led to a re-think on economic strategy. And Mr Modi might think he is politically strong enough to take some risks. But there could be a minefield ahead, writes T N Ninan
Budget 2021 LIVE: Budget is a shot in the arm for Indian economy, says S&P
Budget 2021 LIVE: Finance minister Nirmala Sitharaman in her Union Budget 2021 speech announced a slew of taxation reforms but left personal income tax slab unchanged. Track Budget 2021 highlights
 "Budget 2021 LIVE: Budget is a shot in the arm for Indian economy, says S&P")
Govt takes capital expenditure route to spur growth in Budget 2021
At 15.9%, capex share in total spend for FY22 will be the highest in over a decade
 "Govt takes capital expenditure route to spur growth in Budget 2021")
Investment in infra essential to growth boost, says Economic Survey 2020-21
The Survey emphasised that the year after the crisis will require sustained and calibrated measures to facilitate the process of economic recovery
 "Investment in infra essential to growth boost, says Economic Survey 2020-21")
Economic Survey: Case for Budget to bring more sectors under PLI scheme
The govt's PLI scheme can aid job creation, according to the Survey, which has laid out 10 ideas towards achieving and sustaining a higher growth rate
 "Economic Survey: Case for Budget to bring more sectors under PLI scheme")
GDP growth, fiscal deficit: Economic Survey nos in line with expectations
India's economy, as per the Economic Survey, could contract 7.7 per cent in FY21, pulled down mainly by the Covid-19 pandemic and the ensuing nationwide lockdown to contain the spread of the disease
 "GDP growth, fiscal deficit: Economic Survey nos in line with expectations")
Full text of the Economic Survey 2020-21: Download volume-I and II here
The Economic Survey 2020-21, authored by CEO K Subramanian, has pegged India's GDP contraction in FY21 at 7.7 per cent, and real GDP growth in FY22 at 11%. Hefre are both volumes of the document
 "Full text of the Economic Survey 2020-21: Download volume-I and II here")
Reality check on economic surveys: A case of hits and misses on GDP numbers
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark
Vital lessons from pandemic for a nation clawing back on to the growth path
While Centre-state cooperation on lockdown and vaccine roll-out are commendable, the fractious GST council meet and states not allowing in CBI could prove to be a spanner
 "Vital lessons from pandemic for a nation clawing back on to the growth path")