Page 20 - India Gdp Growth

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

It assessed that impact of the rising Covid-19 cases on private spending and investment will be for a longer period than what was expected earlier

Statsguru: Farm activity to MGNREGA wages, monsoon 2020 gives hope

Rains do swivel between normal, deficient and excess across years, but good rains in times of severe contraction in the economy are a big relief

Markets likely to stay in 'buy on dips' phase: Bernstein's Venugopal Garre

Markets have run ahead of fundamentals, but this has been a broad global trend, says Venugopal Garre

Crisil projects wider GDP contraction for FY21 at 9%, from 5% earlier

Attributes it to Covid-19 cases and lack of stimulus from govt

Rating firms rework their India FY21 GDP forecasts with sharper contraction

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

Top headlines: Rating firms cut GDP forecast, hiring outlook at 15-year low

Global rating and research houses, such as Fitch and Goldman Sachs, have cut their estimates for growth in India's GDP for the current fiscal 2020-21.

Goldman Sachs to Fitch: Global rating agencies cut India's GDP forecast

Downward revision follows a sharp contraction in the economy in the April-June period, when GDP came in at a negative 23.9 per cent YoY, the worst show in nearly four decades

Fitch revises India GDP forecast for FY21 to -10.5% from -5% earlier

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, when the GDP came in at a negative to 23.9 per cent year

Covid-19 will have a bigger impact on the economy than previously expected

Impact on the economy would be heavier than estimated

India Inc mirrors GDP contraction in Q1: Revenues of 2,170 firms dip 24.3%

At current prices, GDP was down 20.6 per cent, doing better than India Inc

Statsguru: 24% GDP contraction and enormity of Centre's fiscal challenge

If annual expenditure is kept unchanged from the budgeted Rs 30 trillion, a worst-case scenario can push Centre's fiscal deficit to 8.1 per cent of GDP

Small positive growth can't be ruled out despite Covid lockdown: Rangarajan

Noting that the lockdown has put a brake on the economy, the paper suggested that the need to kick start the economy and move it forward has become urgent

Need to re-orient policy mix to rebuild economy in post-Covid world: Finmin

Ministry asserts India is on V-shape recovery path from Q2 onwards; says GDP plummeted most because of severest lockdown measures taken against pandemic

Once nearly half, China's market capitalisation is now 5x India's

According to Bloomberg data, China's m-cap stood at just $407 billion in May 2006 - 45 per cent below India's m-cap of $745 billion

Gita Gopinath confirms India's GDP most affected among G-20 countries

The IMF chief in a tweet showed India's internationally comparable quarter-on-quarter GDP shrank the most among G-20 countries at 25.6%

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

From PMI to auto sales, August numbers send mixed signals on recovery

E-way bills, after showing an uptrend since April, stagnated in August

'Economic tsunami': Priyanka Gandhi attacks Centre over plummeting GDP

Congress leader Priyanka Gandhi Vadra on Tuesday attacked the Centre and said that her brother and former party president Rahul Gandhi had predicted about the "economic tsunami" six months ago.

First economic contraction in 4 decades: India GDP shrinks 23.9% in Q1FY21

The two growth engines, consumer spending and investments contract massively as govt-led spending lifts GDP from falling further. On supply side, only agriculture shows growth, industry contracts 40%

Q1 GDP numbers show economic outlook fraught with uncertainty

Indian GDP will de-grow in both Q2 FY2021 and Q3 FY2021 but pace of contraction may narrow, writes Aditi Nayar.