IMF officials have been urging a strong, coordinated global response, including rolling out spending measures to cushion the blow from the virus
For an investor through the systematic investment plan route, timing does not matter so much
Dealers are facing a new challenge with the Coronavirus cases being detected in India and an alarming drop in customer walk-ins in auto showrooms
While spending has been ramped up and work has continued apace in some marquee projects, there have been some delays due to land acquisition and other issues
New risk in the form of the Covid-19 virus only adds to the economic cholesterol that India has accumulated over the past few years
The fall in oil prices comes at a time when the global economy is already reeling under the impact of coronavirus, which has dented demand across sectors and economies
High reservoir levels and soil moisture levels point to a good rabi harvest that could cool inflation and revive consumer demand
The range of scenarios explored in the analysis suggests a global impact in the range of USD 77-347 billion, or 0.1-0.4 per cent of global gross domestic product (GDP), it said
He said that India needs to be prepared to deal with covid-19 regardless of the magnitude of the impact and must brace itself for its economic shock
Company feels new products across consumer price points will help the company reach its goal of making India its third largest market globally
The GDP growth is forecast to recover slightly to 5.4 per cent in 2020-21 (April 2020 to March 2021)
The NSO has pegged the economic growth at 5 per cent for FY2019-20 in its second advance estimates released last week
The benchmark US 10-year Treasury yields fell to a record low, while the yen rose to its highest since October against the US dollar
Unless key issues are addressed, even if growth bounces back from the sub-5 per cent, it will stay lower than the already inadequate long-term average of 6.6%, writes T N Ninan
Ambani said the coming decade presents a "historic opportunity" for businesses to excel
FY20 growth projections retained at 5% in the second advance estimates. The official Q3 GDP data showed that the impact of a global slowdown and weak manufacturing continued to weigh on the economy
Khara told PTI that for India to achieve its ambition of becoming a five trillion dollar economy, it required a 10-11% growth rate
India can still reverse its slowing economic growth by paying attention to key issues, he added
Due to lack of near-term growth visibility and post a weak Q3, analysts have slashed their FY21 earnings estimates by 10-16 per cent
GDP data due to be released on Friday will cover up to the end of last year, before the epidemic had sparked fears of a pandemic