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
Today, a total of 31 companies including Voltas, Jubilant Life Sciences, and Metropolis Healthcare, are scheduled to announce their March quarter results
The National Statistics Office is exchanging ideas with international agencies about handling data and statistics amid the pandemic situation
FinMin has internal estimates for economic growth, but these are subject to revisions
Based on this, Q4 growth may not be negative but can go down to 1.5-2.5 per cent
The CSO releases as many as 6 estimates of India's annual economic output growth; believe it or not, these estimates for the same year's economic output are released over a period of three years!
Interestingly, the GDP estimates for FY19 have been revised downwards significantly, pushing up quarterly growth estimates for the current financial year
The Economic Survey tabled in Parliament on Friday said the level and growth of a country's GDP informs several critical policy initiatives as it is a barometer of the economy's size and health
The recovery in growth for the fast moving consumer goods (FMCG) sector will begin playing out from March-April 2020 riding on a jump in farm incomes, Crisil Ratings said in its report
For the deficit to be 3.3 per cent of GDP, it assumes a nominal GDP growth of 12 per cent in FY20
While the GDP data is released with a two-month lag, markets always try to factor in future expectations
A fall in household spending is a signal that poverty may have increased, according to experts
Private consumer spending grew by 5 per cent year-on-year, improving slightly from the previous quarter
Forex traders said month-end dollar demand from importers and uncertainty over the US-China trade talks also weighed on the domestic currency.
Sensex fell 336 points, or 0.82 per cent, to end at 40,794; Nifty closed at 12,056, down by 95 points or 0.8 per cent
The GDP growth rate for Q2FY20 was in line with the market expectation at 4.5 per cent, says Deepthi Mary Mathew, economist, Geojit Financial Services
Reliance Industries (RIL), which to hit the market capitalisation of Rs 10 trillion-mark on Thursday, was down around 2 per cent in the session.
Unfortunate fiasco over consumer spend survey
Congress spokesperson Sanjay Jha said the government is in a deep sleep 'like Rip Van Winkle', the famous fairytale character
Market rarely reacts to the release of economic data such as GDP growth or factory output