Page 35 - Economic Recovery

China's economy is back-ish. Without it the world would be on thinner ice

The numbers underscore projections last week from the International Monetary Fund that China will be the only major economy to advance in 2020

China says indicators give good reason to believe in sustained recovery

While third-quarter GDP growth lagged behind expectations, the month of September saw improvement in all major indicators

Indicators point to economic recovery, but recouping may be fragile: Report

After six months of severe stress, some high-frequency indicators point towards economic recovery but there are signs that this revival is fragile, Brickwork Ratings said

India witnessing V-shaped recovery, govt steps to spur economic growth: FM

Sitharaman mentioned that recovery and rehabilitation efforts in these countries must not be allowed to be undermined in any manner, a Finance Ministry statement said

The green wall that could be disrupting India's economic recovery

No foreign firm bid for any of the mining blocks; more overseas lenders are now demanding green commitments from Indian borrowers

Worst is over, economic recovery faster than expected: Keki Mistry

Mortgage lender HDFC Ltd's CEO Keki Mistry on Saturday said the "worst is behind us" and the economic recovery has been faster than expected

Truck sales show signs of recovery as economic activities pick up

Light and small trucks leading sequential resurgence

Indian CEOs less confident about economic growth; 62% took pay cuts: Survey

Corporate leaders in India are less confident about economic growth and 6 out of 10 CEOs have taken salary cuts as part of the overall cost management measures amid the pandemic, according to a survey

Dip in German industrial output casts doubt on strength of recovery

Factories churned out fewer capital goods and consumer goods, with the slump particularly deep in vehicle production

Swift economic recovery key to limit loan losses for Indian banks: Fitch

Lenders face a tough operating environment in the near term, with a spike in stressed loans and write-offs due to the economic fallout of the coronavirus pandemic

Economy review of FY21' 1st half: Is India on recovery path?

Much of the recent data has raised hopes of India's economic revival. GST collection was not only the highest in seven months at over Rs 95,000 crore in September but also higher by 4 per cent over the mop-up in the same month last year. Similar was the case with exports, which rose 5 per cent in September year-on-year, representing the first growth in outbound shipment in seven months. The other indicators such as fertiliser sales, the purchasing managers’ index (PMI) for manufacturing, peak power consumption growth, car sales — all point to economic recovery. So are they making up for whatever has been lost? Is Indian economy showing signs of economic recovery? Let's find out.

CEOs indicate business sentiment revival; economic recovery on anvil: CII

The CEOs, who took the poll, included representatives from across sectors like metals and mining, manufacturing and others

Finance ministry pins hopes on festive season for growth momentum

The Finance Ministry, however, cautioned that the spread of Covid-19 and an increase in precautionary personal savings posed risks to the prospects of economic expansion.

Biz optimism returning, economic recovery to be L-shaped: Axis Bank MD

He was quick to add that we are not completely out of the woods yet and a sustained recovery may take a few quarters

Indicators show that India will bounce back to high growth levels: Goyal

Indicators like positive growth in exports in September and increase in GST collections show India will bounce back to high growth levels, Commerce and Industry Minister Piyush Goyal said on Saturday

From tax collection to car sales, India's economic recovery picks up pace

GST mop-up at 7-month high, manufacturing PMI at 8-year high, but new projects down 81% in Q2

Hope for economy as PMI shows manufacturing activity in Sept at 8-year high

Upturn in total sales was supported by a renewed expansion in new export orders, says index

Record e-way bills generated in Sept, signal economic revival: Finance secy

Pandey said that almost 2.62 million e-way bills were generated on September 30, which was the highest ever count so far in a single day

Exports grow 5% in September in another sign of economic recovery

Commerce & Industry minister Piyush Goyal tweeted that exports stood at $27.50 billion in September 2020 against $26.02 billion in the same period last year

Top headlines: FM says recovery patch; after LVB crisis at Dhanlaxmi Bank

From patchy economic recovery to crisis deepening at Dhanlaxmi Bank, here top headlines this morning