Page 6 - Gdp Forecast

Analysts revise Q2 GDP projections, are divided on sharpness on contraction

As Q2 will be the second quarter of economic contraction, India in all probability has entered a technical recession for the first time since quarterly GDP data began being compiled

Goldman ups India GDP forecast on vaccine hopes, now sees 10.8% contraction

The US-based firm said developments on the vaccine front -- where two candidates have posted satisfactory progress -- will be very helpful in the recovery

Moody's raises India's 2020 GDP forecast to -8.9% as Covid cases drop

India's economy had the biggest contraction, 24 per cent year-over-year in the second quarter

Location data, goods moved: More weekly indicators on economy turn positive

Power generation numbers and Delhi emissions, too show economy may be turning the corner

Icra scales up projection for GDP contraction to 11% from 9.5% earlier

Attributes move to continued spread of Covid-19 pandemic

ICRA revises forecast, pegs India's FY21 GDP contraction at 11% from 9.5%

Ratings agency ICRA has revised its forecast for the contraction in India's FY21 GDP to 11 per cent from its earlier assessment of 9.5 per cent

Global GDP to hit pre-coronavirus levels in mid-2021: Deutsche Bank

Deutsche raised its forecast for global GDP, expecting it to shrink 3.9% this year after predicting in May a contraction of 5.9% for 2020

Whatever the calculation, India's Q1 GDP contraction is severest among all

Irrespective of whether it is sequential or year-on-year, the inference remains the same; South Africa's 50% contraction is "annualised" and is incomparable to India's 24% fall

GDP to contract 8.6% in FY21, fiscal stimulus needed soon: UBS Securities

UBS Securities said it forecasts a GDP contraction of 8.6% in FY21 as against its earlier prediction of 5.8%, citing factors including the modest government response to the crisis for its estimate

Covid-19 impact: Moody's, CARE Ratings cut India's FY21 GDP estimates

The global rating agency had earlier predicted GDP to contract 4 per cent. On Friday, it predicated 11.5 per cent contraction

CARE Ratings projects sharper GDP contraction of 8-8.2% for FY21

CARE Ratings said the country's economy is likely to see a sharper contraction of 8-8.2 per cent in the current financial year compared to a decline of 6.4 per cent it had projected earlier

Moody's forecasts 11.5% contraction in India's economic growth in FY21

The downward revision in India's forecast for FY21 comes on the heels of a sharp contraction in Indian economy in the April-June 2020 period

Rating firms rework their India FY21 GDP forecasts with sharper contraction

Impact on wages to severely dent consumption and decelerate recovery, says India Ratings

Raters see India's GDP contracting more in FY21 than projected earlier

Prescribe demand booster dose from govt, but many say that's unlikely to come

What to expect from Q1 GDP data today? Here's what key indicators suggest

GDP data for the April to June quarter will reveal how badly the economy was hit by the coronavirus pandemic

From most optimistic to pessimistic: Here're FY21 GDP growth projections

The most pessimist one projects it at 25%

India's GDP likely to contract by 6.4% in FY21, says Care Ratings

The rating agency, in May, had projected a decline in GDP growth of 1.5-1.6 per cent in FY21.

Covid-19 lockdown: FY21 GDP growth rate forecasts pose a big worry

However on the extreme ends, Bernstein pegged fall in the gross domestic product (GDP) at 7 per cent and Asian Development Bank projected GDP growth at 4 per cent

Top headlines: Indian economy to shrink 5% says S&P, power sector woes

Business Standard brings to you the top headlines of the day

Singapore lowers its GDP forecast to a contraction range of -7% to -4%

Following the news, the central bank chief economist Ed Robinson said monetary policy remains unchanged and will next be reviewed in October, as planned