Page 3 - Latest Updates on Gross Domestic Product (GDP)
Budget Byte: Bad year for PSUs may impact dividend payout to govt
Though the stock market touched new highs in 2020, the PSU index was late to the party, and has barely recovered to January 2020 levels
 "Budget Byte: Bad year for PSUs may impact dividend payout to govt")
Banking on Budget: The five areas of focus for FM Nirmala Sitharaman
Given the series of policy announcements made by Finance Minister Nirmala Sitharaman in the last 9 months it is reasonable not to expect more this time
 "Banking on Budget: The five areas of focus for FM Nirmala Sitharaman")
What FM Sitharaman may and may not do in her promised 'never-before' Budget
Wish lists are routine as the govt prepares its annual Budget. But its finances are stretched and the pandemic isn't over. Akash Podishetty lists what the FM could announce in the Budget on Feb 1
 "What FM Sitharaman may and may not do in her promised 'never-before' Budget")
Budget Byte: Export needs budgetary support for overall economic growth
Strategic incentives through the Budget may help boost exports.
 "Budget Byte: Export needs budgetary support for overall economic growth")
Budget Byte: Can the GDP fall increase Budgetary share of defence forces?
Due to a contraction in the economy, defence spend as a share of GDP has risen in the first half of this year, touching the mark of 2%
 "Budget Byte: Can the GDP fall increase Budgetary share of defence forces?")
Budget Byte: Borrowing to boost spending but debt will bother govt
Even before Covid-19 struck the economy, government was borrowing at a rate that was very close to the nominal GDP growth
 "Budget Byte: Borrowing to boost spending but debt will bother govt")
Covid slump may cause 7.7% GDP contraction in FY21: First Advance Estimate
The government's First Advance Estimate suggests the worst performance ever for the Indian economy in the wake of the slowdown caused by the coronavirus pandemic
 "Covid slump may cause 7.7% GDP contraction in FY21: First Advance Estimate")
Banking on Budget: Stage set for transition from revive to thrive
Given the global Covid situation, there is some room for the finance minister to increase the fiscal deficit for a year without spooking the financial markets and rating agencies
 "Banking on Budget: Stage set for transition from revive to thrive")
Budget sops, Covid-19 tax surcharge: Market expectations from 2021
One of the key ratios to gauge the valuation of the market is the Market Capitalisation to GDP Ratio, which is around 95 per cent currently - a bubble territory
 "Budget sops, Covid-19 tax surcharge: Market expectations from 2021")
High inflation amid muted GDP forecast could be a party pooper for markets
Given the RBI's projection on inflation, we may not see any further cut rate at least till mid-March 2021. It may also get postponed to next fiscal year
 "High inflation amid muted GDP forecast could be a party pooper for markets")
RBI keeps repo rate unchanged at 4%; maintains accommodative stance
The RBI MPC voted unanimously to keep the key policy rate unchanged
 "RBI keeps repo rate unchanged at 4%; maintains accommodative stance")
Three Facts with AKB: Now, FY21 GDP contraction is nearly certain for India
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
 "Three Facts with AKB: Now, FY21 GDP contraction is nearly certain for India")
GDP data: Contraction can be ignored, but pre-Covid declining trend irksome
While the country is now technically in a recession with two successive quarters of negative growth, it should not be worrisome as this is the case across the globe with China being the only exception
 "GDP data: Contraction can be ignored, but pre-Covid declining trend irksome")
India's GDP Q2 2020: Economic contraction narrows to 7.5% from 23.9% in Q1
Even if India continues to be in a technical recession, a drop in the rate of GDP contraction signals a revival for the economy after a major plunge in the wake of the coronavirus pandemic
 "India's GDP Q2 2020: Economic contraction narrows to 7.5% from 23.9% in Q1")
Unrealistic to expect manufacturing to be 25% of India's GDP, even by 2030
The decision to stay out of the Regional Comprehensive Economic Partnership has the potential to become in the long term one of the Modi govt's major blunders. T N Ninan explains why
Savings, profits, stocks can't stay high for long amid low income and interest rates
Things that cannot go on forever will not go on forever. There will be a change in the direction of the wind. One must hope it will be slow and calibrated, writes T N Ninan
Two routes to atmanirbharta: Why both China and India are looking inwards
While both have seen a drop in external trade in relation to GDP, the reasons are quite different - in China it is in part a problem of success, in India it points more to failure, writes T N Ninan
Gross domestic misery rising in US: Recovery is bypassing those who need it
Jobs and GDP, by contrast, sort of are the economy. But they aren't the economy's point
 "Gross domestic misery rising in US: Recovery is bypassing those who need it")
Will India's growth potential slip below rates achieved in 1980s and '90s?
The forces causing the growth slowdown and rising inequality were there before Covid-19, and these trends are now getting accentuated, writes T N Ninan
Australia Q2 GDP shrinks at record pace; Covid pushes nation into recession
Fresh outbreaks threaten to upend an already bumpy road to recovery and pile pressure on the government to keep fiscal taps open
 "Australia Q2 GDP shrinks at record pace; Covid pushes nation into recession")
