economic growth

COVID-19 resurgence bringing renewed challenges for India; GDP growth seen at 9.5 percent: Fitch

While containment measures will weigh on India's ongoing economic recovery, the localised nature of restrictions means that the actual impact is likely to be much less severe relative to lockdown.

published on : 6th May 2021

S&P forecasts 11 per cent growth for India this fiscal, flags 'substantial' impact of broader lockdowns

In its report on Asia-Pacific Financial Institutions, S&P said the control of COVID-19 remains a key risk for the economy.

published on : 22nd April 2021

China's GDP grows record 18.3 per cent in first quarter after COVID-induced contraction

China’s economic growth surged to 18.3% over a year earlier in the first quarter of this year as factory and consumer activity recovered from the coronavirus pandemic.

published on : 16th April 2021

Economist Intelligence Unit calculates 13 per cent growth for India, more than IMF prediction

The forecast of India's growth rate for 2021 is noted to be higher than any other major economy in the world including US which is calculated to be 5.5 per cent.

published on : 14th April 2021

Double whammy: Retail inflation jumps to four-month high, factory output contracts

Policymakers had expected positive GDP growth in January-March to restrict the annual FY21 contraction to 7.5-8 per cent.

published on : 12th April 2021

Evidence of normalisation of India's economic activity: IMF chief economist

'The evidence we were getting in the last couple of months in terms of the normalisation of economic activity,' IMF Chief Economist Gita Gopinath said

published on : 7th April 2021

India's 2021 economic output likely to remain below 2019 level: UN report

'Despite a robust reduction in new COVID-19 cases and the start of vaccine roll-out, India's 2021 economic output is expected to remain below the 2019 level,' said the report.

published on : 30th March 2021

Economic revival to continue 'unabated'; rising Covid cases a concern, but lockdowns unlikely: RBI Guv

'The renewed surge in COVID cases in many parts of the country is a matter of concern,' the governor said.

published on : 25th March 2021

India's economy may grow at 12 per cent in 2021: Moody's Analytics

Domestic and external demand has been on the mend since the easing of restrictions, which has led to improved manufacturing output in recent months.

published on : 19th March 2021

Most economies not to return to pre-pandemic activity levels until 2022: Moody's

Policymakers will continue to support economic activity long after the pandemic has faded, in some cases for years, Moody's said.

published on : 11th March 2021

India exits recession as GDP records 0.4 per cent growth in October-December

While India has become one of the few major economies to post growth in the last quarter of 2020, the annual GDP estimate for the fiscal year ending March 31 has been revised to an 8% contraction.

published on : 26th February 2021

Moody's projects 13.7 per cent growth in FY'22, expects 7 per cent contraction this fiscal

For current fiscal, the US-based rating agency expects the economy to contract 7 per cent, lower than its previous estimate of 10.6 per cent contraction.

published on : 25th February 2021

Centre, states need to work closely to boost economic growth: PM Narendra Modi

PM Narendra Modi said that the initiatives taken by the government would provide opportunity to everyone to participate in nation building to its full potential.

published on : 20th February 2021

India seen contributing 15 per cent of global growth by fiscal year 2026: Report

The report expects the large local market potential, low labour costs, macroeconomic stability and the hope of strengthening ongoing reform momentum will help achieve these objectives.

published on : 19th January 2021

Indian economy may contract 25 per cent in current fiscal: Economist Arun Kumar

Kumar further said that due to a big decline in the GDP during the current financial year, the budget estimates have gone completely out of gear and, therefore, there is a need to correct the Budget.

published on : 17th January 2021
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