Page 18 - Gdp Growth

GDP likely to grow at 1.9% if lockdown is lifted in mid-May: India Ratings

Meanwhile, CRISIL has cut estimates of India's FY21 economic growth rate to 1.8% from earlier 3.5%

Fitch Ratings sees India growth dipping to 0.8% in FY21 from estimated 4.9%

The rating agency predicted two consecutive quarters of contraction or negative year-on-year growth in current fiscal -- (-)0.2 per cent in April-June and (-)0.1 per cent in July-September

HFCs: Home alone

'The burden of unsold inventory of over half a million housing units in the top 7 cities will worsen due to impact of the pandemic. Business process re-engineering will hold the key to the future'

Existing investors must book partial profits in gold to cut portfolio risks

New ones should build their allocation gradually upon corrections

Coronavirus outbreak: India Inc asks RBI for one-time loan recast

Analysts have already predicted that due to the lockdown, India's economic loss will be close to $ 234.4 billion or 8.1% of GDP

Carry forward structural economic reforms

Tackling Covid-19 should open the door for urgent economy-wide reforms

Corporate India braces for $26-bn a week loss amid coronavirus outbreak

Nation may lose close to over $5 bn due to lockdown, says Ficci

Covid-19 lockdown: May take two or three quarters for normalcy to return

We need to get used to the "new normal" now and calibrate our expectations accordingly

Economy needs more govt support

Lockdown was a brave decision. Now, policy-making requires a similar display of boldness

'Covid-19 hangs over future like spectre': RBI in Monetary Policy Report

While efforts are being mounted on a war footing to arrest its spread, Covid-19 would impact economic activity in India directly through domestic lockdown, the central bank has said

Goldman Sachs slashes India's FY21 real GDP growth forecast to 1.6%

While the fiscal easing so far has been limited, they do expect more fiscal measures by the central and the state governments.

Covid-19 impact: Indian economy likely to grow 2% in FY21, says Icra

The rating agency said nationwide lockdown announced to contain the coronavirus outbreak has impacted industries

SC to hear PIL seeking declaration of financial emergency after 2 weeks

The plea filed by Centre for Accountability and Systemic Change (CASC) came up for hearing before a bench of Justices L Nageswara Rao and S Abdul Nazeer

Coronavirus impact: Nomura lowers 2020 GDP growth forecast to -0.5%

"We expect growth to slide from 4.7 per cent YoY in Q4CY19 to 3.1 per cent in Q1CY20 and fall to -6.1 per cent in Q2CY20," said Sonal Varma, MD and chief India economist at Nomura.

The Morning After

Policy interventions will have to be intelligent: Striving to create deep, but temporary, safety nets during COVID-19 without generating imbalances and distortions thereafter

Top Headlines: RBI joins coronavirus war, cuts repo rate; EMIs put on hold

Business Standard brings to you the top headlines of the day

Coronavirus impact: GDP likely to fall to a three-decade low, say analysts

Total loss in output is estimated to be around Rs 6 trillion based on estimated GDP at current prices for FY20

Growth in next 2 quarters won't be over 3% due to coronavirus: Pronab Sen

Sen further said that due to the ongoing 21-day shutdown, there may be a reduction of about Rs 5 trillion in gross domestic product

Coronavirus: UBS cuts India's FY21 real GDP growth forecast from 5.1% to 4%

"For the full year, we now expect India's real GDP growth to slow further to 4 per cent year-on-year in FY21 (previously 5.1 per cent)," UBS said in a research note.

Need for non-economic globalisation: Lessons from the Coronavirus pandemic

While the post World War II global order has successfully promoted trade openness and free markets, it has failed on non-economic metrics such as climate change and health