Page 15 - India Gdp
Three Facts with AKB: Now, FY21 GDP contraction is nearly certain for India
In order to avoid a negative growth in full FY21, India will need to see real GDP growth of over 15% in each of the two remaining quarters. That may not be possible in the present economic scenario
 "Three Facts with AKB: Now, FY21 GDP contraction is nearly certain for India")
India Inc expects economy to gain momentum as GDP contraction narrows
Ficci President Sangita Reddy said the GDP print has come in as a pleasant surprise
 "India Inc expects economy to gain momentum as GDP contraction narrows")
Industry share in GDP 20-yr low: How it affects growth, what govt should do
Tune in to know why should one worry about the industry's falling share in India's GDP, how does it affect the country's overall economic growth in the long-term and more
 "Industry share in GDP 20-yr low: How it affects growth, what govt should do")
Pandemic-driven reform agenda can raise India's medium-term growth: Fitch
For the current fiscal, Fitch Ratings has projected a 10.5 per cent contraction in Indian economy
Analysts revise Q2 GDP projections, are divided on sharpness on contraction
As Q2 will be the second quarter of economic contraction, India in all probability has entered a technical recession for the first time since quarterly GDP data began being compiled
 "Analysts revise Q2 GDP projections, are divided on sharpness on contraction")
India's economy to return to normal faster than expected: Barclays
Barclays lifted its fiscal 2022 growth forecast for the Indian economy to 8.5% from an earlier projection of 7%
 "India's economy to return to normal faster than expected: Barclays")
Top headlines: Small savings cross Rs 1 tn, Volkswagen Beetle goes electric
From Indians pumping nearly Rs 1 trillion into small savings schemes to Beetle becoming India's first vintage car to go electric, Business Standard brings you the top headlines of the day
 "Top headlines: Small savings cross Rs 1 tn, Volkswagen Beetle goes electric")
Top headlines: Goldman ups India GDP forecast, vaccine may come via govt
From claims of India directly purchasing vaccine from Moderna and distributing it here to PM Modi seeking funding, Business Standard brings you the top headlines of the day
 "Top headlines: Goldman ups India GDP forecast, vaccine may come via govt")
At 88%, India's market cap-to-GDP ratio is now highest in 12 quarters
In the past 15 years, the ratio has ranged from a low of 52 per cent in March 2005 to a record high of around 150 per cent at the end of December 2007
 "At 88%, India's market cap-to-GDP ratio is now highest in 12 quarters")
Q2 GDP to shrink 8.6%; India to enter recession for 1st time: RBI official
The pandemic-induced lockdowns had led to a steep contraction of 23.9 per cent in the GDP for the April-June quarter as compared to the same period a year ago
 "Q2 GDP to shrink 8.6%; India to enter recession for 1st time: RBI official")
What ails Indian manufacturing? Industry captains speak their minds
The manufacturing sector has been languishing long before coronavirus, despite the intended push from Make-in-India; Business Standard attempts to find out why
 "What ails Indian manufacturing? Industry captains speak their minds")
Barking up the wrong tree
Strengthening the revenue forecasting system will yield better results than fixing deficit targets within a range
 "Barking up the wrong tree")
Need to expand health insurance to include outpatient care: Irdai chairman
In light of the Coronavirus (Covid-19) pandemic, health insurance has seen a surge in demand from consumers
 "Need to expand health insurance to include outpatient care: Irdai chairman")
The green wall that could be disrupting India's economic recovery
No foreign firm bid for any of the mining blocks; more overseas lenders are now demanding green commitments from Indian borrowers
 "The green wall that could be disrupting India's economic recovery")
Expecting FY21 GDP contraction to be less than 9.5%: PNB MD & CEO
Says the country is seeing rural economy coming back, is confident urban and metro economy will also grow
 "Expecting FY21 GDP contraction to be less than 9.5%: PNB MD & CEO")
India can become 2nd largest economy, will add 548,000 jobs: Salesforce
Salesforce is estimated to have market capitalisation of around USD 240 billion
 "India can become 2nd largest economy, will add 548,000 jobs: Salesforce")
Tourism industry seeks reduction in GST rate, tax benefits to revive sector
According to them, the Covid-19 pandemic has wreaked havoc on the travel, tourism and hospitality industry, resulting in a loss of Rs 15 trillion and putting up to 40 million jobs at risk
 "Tourism industry seeks reduction in GST rate, tax benefits to revive sector")
Worst recession in South Asia; millions falling into poverty: World Bank
India, the region's biggest economy, is likely to see its economy contract by 9.5% this year, the World Bank report said
 "Worst recession in South Asia; millions falling into poverty: World Bank")
Why economists remain pessimistic amid signs of economic recovery
Some believe recent indicators like GST numbers are overstated, most are sceptical about the impact of a stubborn pandemic
Biz optimism returning, economic recovery to be L-shaped: Axis Bank MD
He was quick to add that we are not completely out of the woods yet and a sustained recovery may take a few quarters
 "Biz optimism returning, economic recovery to be L-shaped: Axis Bank MD")
