GDP growth

Finance Minister sees GDP growth in negative zone or near zero in current fiscal

Overall, the GDP growth current fiscal (April 2020 to March 2021) will be in negative zone or near zero, she said, adding the growth will revive from the next fiscal.

published on : 27th October 2020

TNIE Expressions | Government needs to put money into the hands of people: Subramanian Swamy

Swamy was in conversation with Prabhu Chawla, Editorial Director, The New Indian Express, and senior journalist and author Kaveree Bamzai in TNIE Expressions.

published on : 9th September 2020

'Modionomics has failed, time for a reality check': Adhir Chowdhury trails guns at PM

Modi should listen patiently to former Prime Minister Manmohan Singh to revive the economy, he suggested.

published on : 7th September 2020

Borrow more to stimulate demand, revive economy: Chidambaram to Modi government

The senior Congress leader also suggested some measures to raise money which include relaxing FRBM norms, accelerating disinvestment and borrowing money from global banks.

published on : 6th September 2020

15th Finance Commission to meet its economic advisory panel on Friday

The topic of the meeting is 'Final discussion on GDP growth, tax buoyancy of the Centre and the States, GST compensation, revenue deficit grant and fiscal consolidation'.

published on : 3rd September 2020

New seven per cent fiscal deficit forecast shows India's economic sinkhole is getting deeper

The situation could be exacerbated by the fact that states have been allowed to borrow more to make up for the shortfall in GST revenue.

published on : 31st August 2020

Indian economy to see sharp V-shaped recovery in Q3, Q4: N K Singh

'This pandemic has led to enormous economic consequences by way of lockdown which brought serious dislocation both on demand and supply sides,' Singh said at an AIMA event here.

published on : 27th July 2020

GDP growth to be in negative territory for FY21: FICCI survey

In May, the Reserve Bank had said the GDP growth during 2020-21 is likely to remain in the negative territory.

published on : 12th July 2020

India's GDP may contract by 6.4 per cent in FY21: Care Ratings

'Under these assumptions our forecast for GDP growth is now (-) 6.4 per cent for FY21 with GVA (de)growth estimated to be around (-) 6.1 per cent,' Care Ratings said in a report.

published on : 2nd July 2020

Indian economy in deep trouble: S&P Ratings

In its report on losses in the Asia-Pacific region, S&P projected that the region’s economy is likely to shrink by 1.3 per cent in 2020, but grow by 6.9 per cent in 2021.

published on : 27th June 2020

IMF pegs contraction of India’s GDP this year at 4.5%

India’s economy is going hell for leather with the IMF projecting FY21 GDP growth to contract by 4.5%.

published on : 25th June 2020

Low Q4 growth telling commentary on economic mismanagement of BJP government: Chidambaram

'Remember, this is pre-lockdown. Of the 91 days of Q4, lockdown applied to only 7 days,' the former finance minister said.

published on : 29th May 2020

India's GDP growth dips to 3.1 per cent in January-March 2020; 4.2 per cent for fiscal year 2019-20

According to data by NSO, the GDP had expanded by 5.7 per cent in the corresponding quarter of 2018-19.

published on : 29th May 2020

COVID-19 fallout: For the first time, China opts not to set GDP target

This is for the first time since 1990 that China is doing away with setting an annual economic growth target.  

published on : 23rd May 2020

Indian economy to contract in FY21; lockdown compounds economic challenges, says Moody's

'We now expect India's growth to register a real GDP contraction for the fiscal year ending in March 2021, from our earlier projection of zero growth,' it said in a research note.

published on : 22nd May 2020
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