Page 15 - Economic Growth

Mr Modi's last chance to jump start the economy

Economic historians will judge him by this, just as they judge P Chidambaram by his bold cuts in income tax rates in 1997 and Manmohan Singh by his 1991 reforms

India fuel demand extends recovery from 13-yr low as economic opens up

On a year-on-year basis, demand for diesel registered its fourth straight decline in June at 15.4%

Retailers see 67% fall in sales during June 15-30 due to lockdown: Survey

RAI said there has been no significant growth in business for retailers even during the second half of June

Will today's economic scratch leave a scar?

Attention is turning to India's post-pandemic potential growth, which could fall to a two-decade low

Govt, companies, workers should work together to spur growth: Trade Unions

Indian National Trade Union Congress (INTUC) president Dr G Sanjeeva Reddy stressed on the need to consider workers as social partners

Long road ahead

Economy still far from sustainable recovery path

Q4 GDP figures overstated? Economists raise doubts over quality of data

Data released on November 29, 2019 showed that GDP grew 5 per cent in the first quarter and 4.5 per cent in the second quarter of FY20

Fitch revises India's rating: A third view which is different yet again?

Fitch has used the pandemic impact to comment on lower growth for India, which can be -5 per cent this year due to the lockdown and its effects

Weekly economic indicators show slow but steady signs of recovery

Internet speeds are now higher than before the lockdown

As farm sector gains importance, HDFC Bank reworks strategy for rural areas

The State Bank of India has also created a separate business vertical to focus on financial inclusion and micro-markets (FI&MM) in semi-urban and rural areas

Blueprint for a more healthy economy

What we need is a map - an economic blueprint - that will address the need for domestic growth and put in place measures that will make India attractive for foreign investment.

India must shed its protectionist attitude: Ex-CEA Arvind Subramanian

If we turn protectionist, I don't know how can we be an exporting power. Self-sufficient exporting powerhouse is an oxymoron," he said.

Will set global example for economic revival: PM Modi in letter to nation

Notwithstanding the severe criticism of the package for failing to put money into people's pockets, Modi said the Rs 20-trillion package would usher in a new era of opportunities for every Indian

Q4 GDP data released today: Key things to note

India's gross domestic product for the fourth quarter of the financial year 2020 grew at 3.1 per cent, its slowest pace in at least two years

India GDP growth slows to 3.1% in Q4, stands at 11-year low of 4.2% in FY20

The second Advance Estimates, released on February 28, had projected the FY20 growth rate at 5 per cent

India's economy may have grown at slowest in 2 years during March quarter

The full impact of the lockdown on manufacturing and services will become more apparent in the June quarter, with Goldman Sachs predicting a 45% contraction from a year ago

A lot more needs to be done

While the measures over the last two days focus on some of the structural changes, the economy is now looking forward to steps that would lead to an increase in demand

Coronavirus crisis: Lockdown batters India's already slowing economy

Some of the leading indicators only tell the magnitude of its impact

Policy measures may not offset Covid-19 economic damage in APAC: Moody's

Though Asia's external & fiscal buffers are generally more robust than those in other regions, equipping governments with more policy space, their policy responses will only cushion some of the impact

Calibrating exit and stimulus is our best bet

There is a view that an extension is not warranted. It suffices to lock down areas with incidence of coronavirus