Page 5 - India's Economic Growth

Covid-19 crisis: PM Modi says growth will return, more reforms in the works

He said the pandemic might have applied the brakes on the speed of the economic growth, but the country had left behind the phase of lockdown and entered the first phase of unlocking.

Q4 GDP data released today: Key things to note

India's gross domestic product for the fourth quarter of the financial year 2020 grew at 3.1 per cent, its slowest pace in at least two years

India's economic growth rate may contract 16-20% in Q1, says Icra

This would mean a contraction of 1-2 per cent for entire FY21, against the agency's earlier projection of -1 per cent to 1 per cent

Global spread of coronavirus to significantly slow economic growth: Moody's

The ability of some companies to withstand the effects of the virus will depend on its duration

Problematic revisions: We need fewer, quicker economic growth estimates

The CSO releases as many as 6 estimates of India's annual economic output growth; believe it or not, these estimates for the same year's economic output are released over a period of three years!

India's growth set to bounce back as slump bottoms out: Govt adviser

"Corporate tax reductions, the Insolvency and Bankruptcy Code and the banking sector reforms have helped and will help propel growth further," Sanjeev Sanyal, principal economic adviser to govt, said

Some stability, but risks remain

With destocking over, growth is stabilising but its revival faces several pro-cyclical headwinds

Top Headlines: India's economic growth to 'weaken', SC Maha verdict Tuesday

From DBS Bank on India's economic growth to Sena-NCP-Congress staking claim in Maharashtra, Business Standard brings you the top headlines of the day

Auto industry needs to clock 14% growth for $5 trillion economy: M&M MD

India has set an ambitious target of $5 trillion in the next five years and 12 per cent of it is expected to be contributed by the manufacturing sector

ADB scales down India's GDP growth forecast from 6.5% to 5.1% for FY20

The ADB said growth would pick up to 6.5 per cent in 2020-21 with "supportive" policies, but also said it would be lower than its earlier forecast of 7.2 per cent for the fiscal year

Back to square one on trade strategy

What's the strategy to revive the economy? Mere fundamentals will not do the trick

Crisil slashes India's FY20 growth to 5.1% over slump across sectors

Growth in the second half of 2019-20 will go up to 5.5 per cent, up from the 4.75 per cent in the first half, the agency said

Govt mulls personal I-T relief while scrapping some exemptions: Report

If the government tinkers with personal taxes, it will add to the list of measures taken in recent months to boost growth that's expanding at the slowest pace in nearly six years

India's animal spirits are hushed as consumer demand remains subdued

Economic growth showed little signs of a recovery from a six-year-low

OECD slashes India's economic growth forecast from 7.2% to 5.9%

At 2.9%, global growth to be weakest since 2008 crisis, it says

Dip in oil prices, stable rupee indicate signs of growth: Finance Secretary

India's growth rate has declined to 5-year low of 5.8% in the fourth quarter of the previous fiscal and 6.8% for the full financial year 2018-19

Oil price to dent India's GDP growth in second-half of this fiscal: UBS

The global financial services major expects real GDP growth to slow to 7-7.3% in the second half of this fiscal from 8.2% in June 2018 quarter

In India's economic pick-up, who's leading the pack and who's losing out?

Almost 60% of GDP comes from private spending with the pick-up helping to fuel growth of more than 7% this year, making India the world's fastest-growing major economy

India's economic growth remains intact; GDP to grow around 7.5%: Ficci

Along with GST, reform measures like IBC and RERA will help in taking the GDP growth beyond 8 %

Moody's cuts India's growth forecast to 7.3% from 7.5% on higher oil prices

Moody's, however, maintained its 2019 growth forecast at 7.5 per cent