Page 19 - India Gdp Growth

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

Attributes move to continued spread of Covid-19 pandemic

Best of BS Opinion: RBI's GDP projection, progressive farm Bills, and more

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

No rate cut, all eyes on RBI's GDP projection

Lower inflation next year may open the space for rate cut, but for now the challenge is seeing through the government borrowing and keeping the bond yield low

S&P affirms India's "BBB-" rating with stable outlook; weak points flagged

Agency sees major economic recovery in 2021, normalisation by fiscal 2022; also refers to weak fiscal settings, such as elevated govt deficits and indebtedness, low per capita income

Local players must capture domestic market for self-reliant India: Minister

Citing an example, he said earlier the market depended on China and Vietnam for bamboo for making incense sticks (agarbatti), but now the duty has been increased to 25 per cent

NCAER sees GDP shrinking by 12.6% in FY21, falling in three remaining qtrs

All the remaining three quarters of 2020-21 were projected to witness a fall in the gross domestic product (GDP), NCAER said

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

Let's get real: Can't have business as usual with Covid-19 out of control

Unless we address the pandemic sweeping India, our economic recovery would remain uncertain and stunted.

Raise demand via govt spending

As demand rises, supply would increase correspondingly and so would employment and overall growth

V-shaped recovery unlikely in India as Covid cases rise: StanChart chief

India's economy contracted by nearly a fourth in the June quarter as a result of the lockdowns during the early days of the pandemic

Contrasting tales: Economy is down, but markets have defied fears

In the past six months, Nifty has gained 52 per cent in rupee terms and 58 per cent in dollar value - making India one of the best-performing markets globally

India's economy to contract 5.9 per cent in 2020, says UN trade body

India had announced a Rs 20-trillion stimulus package for vulnerable sections of society and small businesses

Rescuing the economy

Ensure price support for agriculture, subsidise wage costs of MSMEs and accelerate public construction activities

Fiscal stimulus, lower interest rate needed for 7% growth rate: Panagriya

Panagariya further said the country lost nearly $125 billion in the April-June period due to the Covid-19 pandemic

India can become $10 trn economy in 15 years: HUL CMD Sanjiv Mehta

On economic recovery, Mehta said the key issue is determining the appropriate level of interest rate to spur growth

FDI seems to have put faith in select Indian entrepreneurs, not govt policy

Modi said India has attracted $20 billion worth of foreign investment between April and July this year which the government didn't fail to celebrate. But does it represent the reality?

Modi's popularity remains undiminished. Will there be a reckoning someday?

People may have got sicker and poorer under him, but his appeal remains untarnished. How is that possible?

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

Covid-19 impact: India's economy to contract 9% in FY21, says ADB

This will be the first time in four decades that the Indian economic growth will contract

Weekly economic indicators: More shoppers stepping out, road traffic higher

High-frequency indicators show signs of gains amid talk of second wave