Government data released on Friday showed the economy shrank 7.5% in the July-September quarter, performing better than analysts' expectation of an 8.8% contraction
Demand during the festival season helped boost three of the eight high-frequency indicators
India has the weakest growth in fiscal 2020 of countries that we forecast at 15 per cent, but the strongest fiscal 2021 forecast at +14.5 per cent, CLSA said
Spending on capital assets has so far trailed the so-called revenue expenditure that includes interest payments and overheads such as salaries
The Nikkei Manufacturing Purchasing Managers' Index rose to 58.9 in October from September's 56.8
Here's a selection of Business Standard opinion pieces for the day
Expressing sympathy towards those affected by floods in several parts of the state, the Prime Minister said the central and the Karnataka governments together were doing every bit to provide relief
The deal was expected: Japan has been pursuing such agreements in recent years to bolster ties with Southeast Asia and provide a lifeline to its own defense industry
Even as national GDP growth declined to 6.1% in 2018-19 and to 4.2% the next year, Bihar's GSDP growth rose to 9.3% and 10.5%, respectively
Rahul Gandhi took a dig at the government over IMF growth projections showing Bangladesh closing in on India in terms of per capita GDP this year
The failure to get infections under control will set back business activity and consumption -- the bedrock of the economy -- which had been slowly picking up
Data due Aug. 31 will likely show GDP declined 19.2% in the quarter to June from a year ago
Economists are bracing for possible big swings in the quarterly gross domestic product data scheduled for release on Aug 31, and significant revisions going forward
Except for a gap of about 200 years, India has been a large contributor to global output, Panagriya wrote in his book India Unlimited: Reclaiming the Lost Glory
Between 2014-15 and October 31, 2019, over 460,000 SHGs have been formed under the scheme; 461,994 beneficiaries have been assisted in setting up micro-enterprises for self-employment
The govt should have a wider discussion on the way forward
Like almost everywhere else, the ability of assets to earn returns in industries ranging from airlines, hotels and commercial real estate - from large firms to their small vendors - has been impaired
EU institutions have started talks on the implementation of a massive recovery package linked to the bloc's next seven-year budget that was agreed during a summit meeting this month
The net subscriber base of the employee provident fund, broadly taken as indicator of formalisation of the economy, stood at 318,789, three times the number in April
The eligible candidates are required to submit their applications for the post with the ministry by August 17, as per a notice issued by MOSPI on July 17