Page 7 - Economic Slowdown

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

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

Budget Byte: Export needs budgetary support for overall economic growth

Strategic incentives through the Budget may help boost exports.

'Pandemic paradox': Cash was king in 2020 as digital transactions increased

Experts cite hoarding as reason for 22% spike in currency in circulation

Budget 2021: What will be the growth, spending story in post-pandemic world

Here is an interesting graphic explaining the growth and spending story

Banking on Budget: Hope and reforms amid pandemic and fiscal deficit

The government has taken laudable steps to support and propel the economy in these difficult times, but a lot more still needs to be done, writes Vikas Vasal

India's GDP may contract 7.7% in FY21: First advance estimates

Biggest contraction since 1952; investments may decline by 14.5%

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

Budget Byte: Boosting consumer demand will be crucial task for Sitharaman

Pent-up or not, demand yet to fully recover from the pandemic impact

Exports slip 0.8% in December 2020; trade deficit widens to $15.71 billion

The country's exports declined marginally by 0.8 per cent to $26.89 billion in December 2020, due to contraction in sectors like petroleum, leather and marine products

Macroeconomics needs to focus on managing abundance and not scarcity

Macroeconomic theory has to be constructed around this now, not the old Keynesian identity which took deficiency as its starting point

India to become 5th largest economy in 2025, 3rd largest by 2030: CEBR

India, which appears to have been pushed back to being the world's sixth biggest economy in 2020, will again overtake the UK to become the fifth largest in 2025 and race to the third spot by 2030

Global investors are dumping Indian bonds. Blame it on slow pace of reforms

While financing costs have remained subdued this year, the risk is that the growing supply of Indian bonds begins to outstrip local demand

India wants a V-shaped recovery at any cost. But what will RBI do?

How RBI manages recovery demand against threats to financial stability from cheap money may be a more important story for India investors in 2021 than the standard growth versus inflation trade-off

Big Tech to shop for Covid-hit competitors in next 5 years: Report

The economic shock is poised to result in a wave of mergers and acquisitions

Families marry off daughters to ease finances amid the pandemic

Many countries had made progress against traditional and transactional marriages of girls in recent decades, but Covid-19's economic havoc has caused significant backsliding

IIP grows 3.6% in Oct, touches 8-month high on consumer goods, electricity

The Index of Industrial Production (IIP) grew by 3.6 per cent in October on a year-on-year (YoY) basis compared to a 0.4 per cent expansion in the previous month

Fiscal fault lines

Govt finances might affect economic recovery

Markets for export

Target unrealistic while govt frowns on trade deals

What Janet Yellen must do

First on the agenda will be recovery from the pandemic. With multiple vaccines in sight, the immediate task is to build a bridge from here to the post-crisis economy