Page 13 - India Gdp

India's economy projected to record stronger recovery in 2021: UNCTAD

India's economy, estimated to contract by 6.9 per cent in 2020 due to the coronavirus pandemic, is forecast to record a "stronger recovery" in 2021 and grow by 5 per cent, according to a UN report

Steps taken by govt during pandemic yielding results, says Thakur

Steps taken by the government to deal with Covid-19 pandemic are resulting in 'V-shaped' economic recovery, Thakur said

PLI to drive capex in industrial sectors by 40-45 % in FY22: CRISIL report

India's GDP growth to be at 11 per cent in fiscal 2022, says report predicting two-phase economic recovery

Poll-bound states spend heavily this year amid ambitious Budget projections

But their Budget numbers are inclined to be overstated due to substantial revisions in revenues and grants shared by the Centre

Different strokes: New series leading to diverging trends in GDP, GVA

The revised method of GDP did not only change the base year, but also the way it is computed.

Q3 GDP growth number: Covid-driven recession over, double dip ahead

GDP is implicitly projected by NSO to slip back into contraction of 1.1% in Q4FY21. This appears to be an outcome of the back-ended release in the Govt's subsidies that is on the anvil in Q4

India hit by 'double whammy' of low growth, high inflation: Cong on Q3 data

Congress'' chief spokesperson Randeep Surjewala said the third quarter GDP data proves yet again that fault lines in the Indian economy are more visible than ever before

Top headlines: Q3 GDP growth at 0.4%, EC announces poll dates for 5 states

Business Standard brings you top news of the evening

India looks set to beat recession even as new coronavirus cases loom

India will become one of the few major economies to post growth in the last quarter of 2020, with any improvement in the economy's performance inversely tied to a drop in Covid-19 infections

India likely to grow 13.7% next year; fiscal position weak: Moody's

Indian affiliate Icra expects considerable rebound in economic growth in FY22 on the back of higher central govt spending, pick-up in consumption

HSBC ups India's FY22 GDP forecast to 11.2%, cuts inflation target to 4.7%

Besides India, HSBC has cut 2021 CPI inflation forecasts for Hong Kong, Indonesia, Japan, Singapore, Thailand, and Vietnam. In Korea and Malaysia, the upward revisions were marginal

Finmin pins hope on vaccine drive for robust recovery in services sector

GDP contraction of 7.7% is much smaller than expected, DEA says

India's market crosses Rs 200 trn m-cap, is seventh most valuable globally

The feat comes a day after the Sensex closed above the coveted 50,000-mark. In dollar terms, the market cap is $2.75 trillion-seventh highest globally

India's new willingness to binge on debt may leave economy far less secure

Once the pandemic retreats, India might end up with a debt-to-GDP ratio north of 90 per cent, compared to the low seventies at present

India's fiscal targets higher; consolidation slower than expected: Fitch

The wider deficits and more gradual pace of consolidation will lift India's government debt

India Inc's profit contribution to GDP at two-decade low, shows data

The earnings per share (EPS) for Nifty companies was Rs 416 in FY17.

Any new tax in budget could hurt India's recovery, warn economists

A so-called Covid cess shouldn't be announced because the economy is still normalising after a strict and vast lockdown, Sonal Varma, an economist at Nomura Holdings, said on Thursday

Vital lessons from pandemic for a nation clawing back on to the growth path

While Centre-state cooperation on lockdown and vaccine roll-out are commendable, the fractious GST council meet and states not allowing in CBI could prove to be a spanner

Farming share in GDP may rise about 18% in FY21, but will the tiller gain?

Provisional data shows that inflation impact in 2020-21 is expected to be about 3.9%, down from 7.4% in 2019-20

Will Covid-19 impact on informal sector disrupt GDP estimates in FY21?

While the informal sector has been affected more severely than the formal, it is also resilient and can revive quickly, say experts