India GDP

Inflation headche: Rising prices to disrupt India's economic recovery post COVID pandemic

A further surge in global commodity prices may hit consumption and have serious implications for India’s economy which is still struggling to come out of the Covid-19 impact.

published on : 3rd April 2021

India bounced back big, not yet out of woods; real GDP growth to be 7.5 to 12.5 per cent: World Bank

World Bank economist Hans Timmer said that even with the rebound and there is uncertainty here about the numbers, but it basically means that over two years there was no growth in India.

published on : 31st March 2021

Recovery faster than expected, need to keep growth momentum: Principal economic advisor

Speaking at a webinar organised by the Bharat Chamber of Commerce, he said the country needs to keep the growth momentum and it is the only means to create employment and reduce poverty.

published on : 2nd March 2021

People hit by 'double whammy' of low growth, high inflation: Congress on third quarter 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.

published on : 26th February 2021

Q4 GDP expansion to be slow-paced, feel economists

This marks a contrast to the improvement in sentiment brought on by the rollout of the Covid-19 vaccine with a handful assessing the ongoing recovery to be fragile in the absence of investments.

published on : 24th February 2021

India's GDP may turn positive at 1.3 per cent in December quarter: Report

The government will release the GDP numbers for the October-December quarter of the current fiscal on Friday.

published on : 23rd February 2021

New headache for Modi government? India’s tax collection shortfall pegged at Rs 10 lakh crore

Analysing the structural tax gap in India, the 15th Finance Commission pegged the shortfall in tax collections to be over 5% of GDP as against its potential.

published on : 3rd February 2021

Economic Survey: Sovereign credit ratings don’t reflect reality

The survey highlighted how rating agencies have rated India much below expectation on several parameters including GDP growth, general government debt and inflation over a period of two decades.

published on : 30th January 2021

V-shaped economic recovery, vaccine approval cause for optimism: Finance Ministry

Downside risks, however, remain due to the spread of a new variant from the UK  and fatigue from social distancing guidelines, the Ministry noted.

published on : 6th January 2021

No amount of government intervention adequate for pandemic-hit economy: Sitharaman

Sitharaman said that while in early 2020 green shoots and revival signs of the economy were visible, it was upset with the pandemic setting in.

published on : 17th December 2020

India’s GDP to contract eight per cent, set to be worst performer in South Asia

Bangladesh will post the best growth in the region growing at 5.2 per cent on the back of revived exports, said the Asian Development Bank in its Asian Development Outlook.

published on : 11th December 2020

More trouble for economy? States' spending crashes as pandemic chokes off income

An analysis of the monthly accounts of 15 states indicates that India’s state governments sharply cut down on spending over the past two quarters.

published on : 28th November 2020

Rising FDI indicates investors' preference for India's enabling environment: Piyush Goyal

FDI in India grew by 15 per cent to USD 30 billion during the first half of the current fiscal, according to official data.

published on : 28th November 2020

Economy improving fast, growth to turn positive in Q3, Q4 of FY21: Ashima Goyal

Goyal also said the management of the COVID-19 pandemic and gradual unlocks announced by the government have helped in avoiding multiple COVID-19 peaks.

published on : 22nd November 2020

More woes: Moody’s expects India GDP to fall 8.9 per cent in 2020

The revision comes as the number of active Coronavirus cases has fallen from a peak of 10 lakh to 4.89 lakh and the economy starts picking up pace after a contraction of nearly 24 per cent.

published on : 13th November 2020
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