Page 13 - Gdp Growth

Best of BS Opinion: Flashback 2020, puzzles of new data on health outcomes

Here's a selection of Business Standard opinion pieces for the day

GDP contraction to job losses amid Covid-19: 2020, the year of new lows

The economy floundered, manufacturing contracted and job losses mounted across sectors and skill levels. The urban work force was hit the hardest.

Indian economy to clock double-digit growth next fiscal: Deloitte report

Having gone through a rough patch on account of the coronavirus pandemic, the Indian economy is expected to record a double-digit growth at 10 per cent in 2021-22, according to a report.

The next hurdle

Governor Das has to take a call soon on unwinding stimulus

Nomura says India would be fastest growing Asian economy in 2021

Nomura has turned positive on India's cyclical outlook for 2021, and believes the country is on the cusp of a cyclical recovery

India's GDP Q2 2020: Economic contraction narrows to 7.5% from 23.9% in Q1

Even if India continues to be in a technical recession, a drop in the rate of GDP contraction signals a revival for the economy after a major plunge in the wake of the coronavirus pandemic

GDP data: Contraction can be ignored, but pre-Covid declining trend irksome

While the country is now technically in a recession with two successive quarters of negative growth, it should not be worrisome as this is the case across the globe with China being the only exception

Sharp 23.9% GDP fall in Q1 will take at least a year to recover: Economists

Current year will continue with a drop of 7-7.5% which is lower than the earlier anticipated 10%

Three Facts with AKB: Now, FY21 GDP contraction is nearly certain for India

Three Facts with AKB: Now, FY21 GDP contraction is nearly certain for India

In order to avoid a negative growth in full FY21, India will need to see real GDP growth of over 15% in each of the two remaining quarters. That may not be possible in the present economic scenario

Resilience, recovery and then revival

Much remains uncertain about the Indian economy's future path. How can we grade the government's efforts to prop it up?

The post-lockdown scars

As economic indicators and tax receipts improve, evidence of stress begin to appear too

Statsguru: Rough terrain for states amid slowing economy hit by Covid-19

In FY20, provisional accounts indicate that states' revenue receipts were 12 per cent lower than the Budgeted amount

Real or nominal? Making sense of FM's 'near zero' GDP growth comment

A zero nominal growth rate of GDP would mean the real rate of growth of GDP would be in negative territory.

States cut FY20 capital expenditure by 0.6% of GDP, says RBI study

The cut in capex in FY20 was so big that the rate of capital spending to GDP dropped from the 2018-19 levels for all states

FM Sitharaman sees GDP growth in negative zone or near zero this fiscal

Finance Minister Nirmala Sitharaman on Tuesday said there were visible signs of revival in the economy but the GDP growth may be in negative zone or near zero in the current fiscal

Don't bet just yet on Bangladesh as South Asia's economic champion

Bangladesh might overtake India this year by per capita income in nominal dollars, but it is not yet close to becoming South Asia's economic powerhouse anytime soon. T N Ninan explains why

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

S&P affirms India's 'BBB-' rating, projects 10% GDP growth in FY22

"The stable outlook reflects our view that India's contraction in fiscal 2021 will be followed by a significant recovery, which will stabilise the country's broader credit profile," said S & P

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