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Page 23 - India Gdp Growth

Why Moody's downgrade is not a bolt from the blue but still not justified

While this downgrade will not affect the sovereign as it does not borrow overseas, it will however affect Indian companies borrowing from abroad

Why Moody's downgrade is not a bolt from the blue but still not justified
Updated On : 01 Jun 2020 | 8:59 PM IST

India GDP growth slows to 3.1% in Q4 as Covid-19 lockdown hits economy

In the services sector, growth in the hotels and financial services sectors fell to 2.6 per cent and 2.4 per cent in the fourth quarter

India GDP growth slows to 3.1% in Q4 as Covid-19 lockdown hits economy
Updated On : 30 May 2020 | 2:36 AM IST

GDP to contract 10.8% without more fiscal stimulus, says Pronab Sen

In an interview, Pronab Sen tells Business Standard that the resource crunch of the Centre is over-stated and it should now come out with more stimulus to spur the economy

GDP to contract 10.8% without more fiscal stimulus, says Pronab Sen
Updated On : 30 May 2020 | 2:11 AM IST

Crisis growing as GDP data signals weakening demand, growth impulses

India's economy was already slowing down before it entered the Covid-19 year of 2020-21, writes D K Srivastava.

Crisis growing as GDP data signals weakening demand, growth impulses
Updated On : 29 May 2020 | 8:21 PM IST

Indian economy may expand by around 5% in FY22: Ex-RBI governor Subbarao

According to Subbarao, the country is going to face its worst recession in the current financial year

Indian economy may expand by around 5% in FY22: Ex-RBI governor Subbarao
Updated On : 27 May 2020 | 8:50 PM IST

JP Morgan chief economist forecasts 'strong rebound' in Indian markets

The economic wounds will be "deeper than anything we've seen since World War Two", says chief economist at JP Morgan

JP Morgan chief economist forecasts 'strong rebound' in Indian markets
Updated On : 27 May 2020 | 10:11 AM IST

More liquidity needed, states should come forward with Rs 20 trn: Gadkari

Efforts are on to develop vaccine for the coronavirus, Gadkari said, adding "we will have to learn the art of living with coronavirus"

More liquidity needed, states should come forward with Rs 20 trn: Gadkari
Updated On : 27 May 2020 | 10:09 AM IST

CRISIL to CARE, agencies peg India's economic growth at 4-4.7% in FY20

The first Advance Estimates, released in January for the purpose of Budget preparations, pegged the economic growth rate at 5 per cent in 2019-20.

CRISIL to CARE, agencies peg India's economic growth at 4-4.7% in FY20
Updated On : 27 May 2020 | 3:22 AM IST

India's first quarter GDP growth likely to be weakest since 2012: Poll

The poll of 52 economists, taken May 20-25, indicated India's economy grew at 2.1 per cent in the March quarter from a year ago, its weakest.

India's first quarter GDP growth likely to be weakest since 2012: Poll
Updated On : 26 May 2020 | 11:32 AM IST

Covid impact: Icra pegs GDP growth at 1.9% in Q4 and 4.3% in FY20

Earlier, the second advance estimates of the government pegged the growth at 5 per cent in 2019-20, but analysts had doubted that number

Covid impact: Icra pegs GDP growth at 1.9% in Q4 and 4.3% in FY20
Updated On : 26 May 2020 | 3:04 AM IST

'Polarised' and 'sell on rally' may define markets' character, say experts

With GDP growth seen shrinking, funds likely to chase stocks with high growth forecast

'Polarised' and 'sell on rally' may define markets' character, say experts
Updated On : 22 May 2020 | 10:16 PM IST

Finance Ministry cautiously optimistic about economic revival in late FY21

In its macroeconomic report, the finance ministry did not reveal its projections for 20120-21

Finance Ministry cautiously optimistic about economic revival in late FY21
Updated On : 21 May 2020 | 2:52 AM IST

Actual GDP growth in FY21 depends on intensity of Covid-19: FinMin Report

The report, prepared by the Economic Affairs Division of the Finance Ministry, took comfort from an IMF note which projected a growth rate of 1.9 per cent for the current fiscal

Actual GDP growth in FY21 depends on intensity of Covid-19: FinMin Report
Updated On : 20 May 2020 | 10:01 PM IST

Door open for stimulus 6.0; govt with industry: FM Nirmala Sitharaman

Calling her stint as FM during the pandemic "the most challenging assignment yet", Sitharaman said she was not upset with the criticism that the recent stimulus package was too little

Door open for stimulus 6.0; govt with industry: FM Nirmala Sitharaman
Updated On : 20 May 2020 | 3:07 AM IST

Govt to further revise criteria for MSME definition, says Nitin Gadkari

Unveiling the contours of the Rs 20-trillion stimulus package, Finance Minister Nirmala Sitharaman had last last week announced a change in the definition of MSMEs

Govt to further revise criteria for MSME definition, says Nitin Gadkari
Updated On : 20 May 2020 | 2:59 AM IST

Indian economy to contract 5-7% in FY21: Bernstein, Goldman Sachs

Analysts say the Rs 20-trn stimulus package by govt a lost opportunity

Indian economy to contract 5-7% in FY21: Bernstein, Goldman Sachs
Updated On : 19 May 2020 | 1:48 AM IST

FM targeted liquidity issues; sustained upturn in market will take time

The financial markets is expected to behave in a measured manner, given the cautious environment and weakening sentiments

FM targeted liquidity issues; sustained upturn in market will take time
Updated On : 14 May 2020 | 10:52 AM IST

Without more stimulus, India's GDP may contract 9% in FY21: Pronab Sen

Sen said that on the face of it, the package looked good, with roughly the kind of damage that has happened to the economy

Without more stimulus, India's GDP may contract 9% in FY21: Pronab Sen
Updated On : 14 May 2020 | 1:40 AM IST

PM Modi announces Rs 20 trillion stimulus package to jump-start economy

'Self-reliant India' package is around 10% of GDP; lockdown 4.0 is on with new guidelines

PM Modi announces Rs 20 trillion stimulus package to jump-start economy
Updated On : 13 May 2020 | 3:27 AM IST

Covid-19 impact: State govts likely to raise more money using bonds

According to the Reserve Bank of India (RBI) data, state governments' gross market borrowings stood at Rs 6.08 trillion in 2019-20, up from Rs 4.78 trillion in 2018-19.

Covid-19 impact: State govts likely to raise more money using bonds
Updated On : 09 May 2020 | 2:50 AM IST