Economic Growth

China's First-Quarter GDP Grows At Record 18.3% As Recovery Speeds Up

Business | Reuters | Friday April 16, 2021

Aided by strict virus containment measures and emergency relief for businesses, the economy has recovered from a steep 6.8 per cent slump in the first three months of 2020.

At 13%, Economist Intelligence Unit Pegs India's Growth In 2021 Higher Than IMF

Business | Edited by Nikita Prasad | Tuesday April 13, 2021

The Economist Intelligence Unit (EIU) has pegged India's economic growth for the year 2021 at 13 per cent, higher than the growth forecast by the International Monetary Fund (IMF).

India Likely To Get Average Monsoon Rains In 2021: Private Forecaster Skymet

India News | Reuters | Tuesday April 13, 2021

India is likely to get average monsoon rains this year, a private weather forecasting agency said on Tuesday, raising prospects of higher farm and economic growth in Asia's third-biggest economy.

Opinion: What India Needs To Correct To Ensure Jobs For Young People

Opinion | Kaushik Dutta | Friday April 9, 2021

We still need an integrated blueprint which combines demand based on economic growth and development in a district with education and the skill levels of youth, supported with pillars of institutional enablement.

IMF Projects Stronger 2021 Global Economic Growth Amid Pandemic Rebound

World News | Agence France-Presse | Tuesday April 6, 2021

Accelerated vaccinations and a flood of government spending, especially in the United States, have boosted the outlook for the global economy, but more must be done to prevent permanent scars, the IMF said Tuesday.

Growth Outlook Brightens But COVID-19 Casting A Shadow: Poll

Business | Reuters | Thursday April 1, 2021

The March 26-April 1 poll showed economists now expect the economy to grow a record 27.0 per cent this quarter.

Petrol Sales Up 27.4% Year-On-Year In March, Diesel Up 28.6%

Business | Reuters | Thursday April 1, 2021

Diesel consumption, an indicator of economic growth, which accounts for about 40 per cent of overall refined fuel sales in India, totalled 6.41 million tonnes in March

World Bank Raises India's Growth Forecast To 10.1% From 5.4% For 2021-22

Business | Edited by Nikita Prasad | Wednesday March 31, 2021

The World Bank states that given the significant uncertainty pertaining to both epidemiological and policy developments, the real GDP growth for the next financial year can range between 7.5 - 12.5 per cent, depending on the ongoing vaccination campaign proceeds, and whether new restrictions to mobility will be required.

NEP Will Achieve Economic Growth For India: Kerala Governor Arif Mohammad Khan

Education | Reported by Press Trust of India | Monday March 15, 2021

The economic growth of India requires a large number of scientists, technicians and engineers and an education system based on the National Education Policy (NEP) will achieve this, Kerala Governor Arif Mohammad Khan said on Monday.

Sensex Sheds Over 500 Points, Nifty Slips Below 14,900

Business | Edited by Peter Noronha (with inputs from agencies) | Monday March 15, 2021

Global stock prices were off to a solid start while U.S. bond yields hovered near a 13-month peak on Monday as investors bet U.S. economic growth will accelerate after the passing of a massive stimulus package

Sensex, Nifty Poised For A Higher Opening

Business | Edited by Peter Noronha (with inputs from agencies) | Monday March 15, 2021

Global stock prices were off to a solid start while U.S. bond yields hovered near a 13-month peak on Monday as investors bet U.S. economic growth will accelerate after the passing of a massive stimulus package

Sustained Economic Growth, Investment Critical For Security Reasons: NITI Aayog CEO

Business | Press Trust of India | Saturday March 13, 2021

India's economy has witnessed a substantial transformation over 30 years since 1991 with an average annual growth of 6.5 per cent," the NITI Aayog CEO said.

China's 2021 GDP Growth Target Of Over 6% Not A Low Target: Premier

World News | Reuters | Thursday March 11, 2021

Chinese Premier Li Keqiang said on Thursday that the government's 2021 goal for economic growth of more than 6% is not a low target.

Women Affected Disproportionately By Covid Pandemic: IMF's Gita Gopinath

India News | Press Trust of India | Monday March 8, 2021

The COVID-19 pandemic threatens to roll back years of hard-won economic and social gains for women and as nations struggle to grow their economies, tapping into the huge potential of women is clearly a "win-win" for both women's empowerment and inclusive global economic growth, Chief Economist of the International Monetary Fund Gita Gopinath said o...

Fiscal Steps Taken By Government Led To Positive Growth: Nirmala Sitharaman

Business | Press Trust of India | Monday March 8, 2021

The minister further said that the gradual unlocking of the economy has eased supply-side disruptions enabling inflation to decline from 7.6 per cent in October, 2020 to 4.1 per cent in January 2021.