Page 17 - Gross Domestic Product

Covid-19 could cause economic loss up to $8.8 trn, 9.7% of global GDP: ADB

Nearly 300,000 people worldwide have died from complications from the virus, which has infected more than 4.3 million people

Stimulus 2.0 won't change outlook for business

The second package focuses mostly on support to businesses, especially MSMEs

Why the Rs 20 trillion will support our sovereign rating

The need of the hour is proper design and implementation

Why RBI shouldn't finance govt borrowings

In a crisis, it is imperative that a country borrows and spends more

Unrealistic growth forecasts

Substantial shrinkage of GDP is now a certainty

Tax-burden on India's GDP to rise further, hitting consumption and savings

In FY19, indirect taxes (net of subsidies) accounted for nearly 10 per cent of GDP up from 9.3 per cent a year ago and low of 6.1 per cent in FY10

Covid-19 lockdown: Forget administrative strategy, shift to an economic one

It is important that the country now shift from a home ministry-driven administrative approach to an economic approach

Lockdown 3.0: Rural India may drive demand recovery amid Covid-19 crisis

Top executives at auto, tractor and consumer packaged goods firms are optimistic. They are betting on the reverse migration of labourers boosting consumption and prediction of a favourable monsoon.

Who should bear the losses?

It may be better for governments to bear the losses upfront than after the damage is done

Finance Ministry sees FY21 economic growth at 2-3% amid Covid-19 outbreak

The internal projections of 2-3% are based on the Finance Ministry's current assessment of the economic impact of the nationwide lockdown, which is in its sixth week

Statsguru: Key indicators point to grim economic outlook amid lockdown

PMI's services did contract, with trade, hospitality coming to a grinding halt, though the pace of fall in the index was not as steep as that of the core sector

The lingering effect of Covid on services trade

The International Monetary Fund and the World Trade Organization have predicted massive losses in economic growth and international trade

Beating the pandemic of recession

Money should not be a consideration in protecting jobs, people and industry as the economy nosedives

In a sea of red ink

A lot of uncertainties remain on how, when, and at what total economic and social cost, this pandemic will be tamed

Coronavirus crisis: Lockdown batters India's already slowing economy

Some of the leading indicators only tell the magnitude of its impact

Head versus heart

This is a false dichotomy, the Indian economy can be rebooted and the Covid-19 virus contained concurrently

The fiscal response challenge

In terms of policy response, governments and central banks are intervening aggressively in the advanced economies

Coping with the lockdown

Given the scale of demand contraction, we need a fiscal package of at least 3-4 per cent of GDP

Will more foreign financing be needed?

It is important to remove the frictions, to connect the infinite capital of the global financial system with end-users in India

Covid-19 impact: GDP growth may plunge to 1.1% in FY21, says SBI report

According to the SBI Ecowrap report, the extension of the lockdown would result in economic loss of Rs 21.1 trillion or 6 per cent of the nominal Gross Value Added (GVA).