"Faster Recovery Than Expected": RBI Ups GDP Forecast From -9.5% To -7.5%
Business | Edited by Sandeep Singh (with inputs from agencies) | Friday December 4, 2020
The Reserve Bank of India's Monetary Policy Committee today left the key lending rate unchanged at 4 per cent as expected, but said it will ensure ample liquidity for stressed sectors to keep a nascent economic recovery on track. The decision comes at a time when the country has entered technical recession amid high levels of inflation as it strug...
Economy To Expand In January-March Quarter: Niti Aayog Vice Chairman
Business | Press Trust of India | Wednesday December 2, 2020
GDP Data: A second quarter of GDP contraction pushed the country into a technical recession for first time ever
COVID-19 Impact: Manufacturing Recovery Declines In November, PMI At 56.3
Business | Edited by Nikita Prasad (with inputs from agencies) | Tuesday December 1, 2020
Economy contracted by 7.5 per cent in the July-September quarter, compared to 23.9 per cent decline in the previous quarter with some recovery signs in the manufacturing sector
Q2 GDP Data Key Highlights: Experts See V-Shaped Recovery As GDP Contracts 7.5%
Business | Edited by Nikita Prasad | Saturday November 28, 2020
India Q2 GDP Data Key Highlights: Agriculture, manufacturing, and electricity were the three sectors which showed a V-shaped recovery in terms of growth
With GDP Slump Of 7.5%, India Now Among Worst Performing Major Economies
Business | Edited by Nikita Prasad (with inputs from agencies) | Saturday November 28, 2020
Q2 GDP Data: International Monetary Fund has predicted that the economy would contract by 10.3 percent this year, the biggest slump for any major emerging economy
Agriculture, Manufacturing Buck Trend As GDP Contracts By 7.5% In Q2
Business | Edited by Nirmalya Sen (with inputs from agencies) | Friday November 27, 2020
Agriculture grew by 3.4 per cent, manufacturing by 0.6 per cent from -39.9 per cent in Q1
'Economy Has Done Better Than Our Estimates': What Analysts Say On Economic Data
Business | Edited by Nikita Prasad | Saturday November 28, 2020
Here's what analysts say on the Q2 GDP contraction of 7.5 per cent in the July-September period
India Enters Recession With Back-To-Back GDP Contraction Amid Covid Crisis
Business | Vrishti Beniwal and Karthikeyan Sundaram, Bloomberg | Friday November 27, 2020
Financial and real estate services -- among the biggest component of India's dominant services sector -- shrank 8.1 per cent last quarter from a year ago
At -7.5%, GDP Rebounds But India Now In Technical Recession
Business | Edited by Sandeep Singh (with inputs from agencies) | Friday November 27, 2020
India's gross domestic product (GDP) contracted 7.5 per cent in the July-September period, as the economy rebounded from a record slump of 23.9 per cent in the previous quarter due to slowdown caused by the coronavirus pandemic. Friday's data confirms the economy's first technical recession - which is two consecutive quarters of GDP contraction - s...
What Analysts Say On Upcoming GDP Data
Business | Edited by Sandeep Singh | Friday November 27, 2020
Here's what analysts say on upcoming GDP data and its potential impact on stock markets
Ripple Effects Of GDP Contraction To Take More Time To Dissipate: Analysts
Business | Edited by Sandeep Singh (with inputs from agencies) | Friday November 27, 2020
"In spite of the impact of lockdowns, if negative growth starts to come down, that itself is positive," said AK Prabhakar, head of research at IDBI Capital in Mumbai.
India's GDP Likely Shrank 8.8% In September Quarter? Data To Be Released Today
Business | Edited by Sandeep Singh (with inputs from agencies) | Friday November 27, 2020
India's gross domestic product (GDP) is widely expected to have shrunk in the July-September period, but at a milder pace compared with the previous quarter, as business and economic activities pick up after months of coronavirus-caused slowdown. Official data due at 5:30 pm today is likely to show that the economy entered its first technical reces...
Centre Is Assessing GDP Contraction: Nirmala Sitharaman
Business | Asian News International | Tuesday October 20, 2020
Nirmala Sitharaman said that the Centre has not closed the option for another stimulus package and has started doing "some kind of" assessment on gross domestic product (GDP) contraction.
IMF Slashes India Economic Forecast, Predicts Record Slump
Business | Agence France-Presse | Tuesday October 13, 2020
IMF forecasts that India's GDP will plunge 10.3 per cent this fiscal year ending on March 31, 2021, the biggest contraction since independence.
"Economic Revival Assumes Highest Priority", Says Shaktikanta Das. Read Full Statement Here
Business | Edited by Sandeep Singh | Friday October 9, 2020
The status quo on policy comes at a time when the country's GDP contracted a record 23.9 per cent in the April-June period.
"Faster Recovery Than Expected": RBI Ups GDP Forecast From -9.5% To -7.5%
Business | Edited by Sandeep Singh (with inputs from agencies) | Friday December 4, 2020
The Reserve Bank of India's Monetary Policy Committee today left the key lending rate unchanged at 4 per cent as expected, but said it will ensure ample liquidity for stressed sectors to keep a nascent economic recovery on track. The decision comes at a time when the country has entered technical recession amid high levels of inflation as it strug...
Economy To Expand In January-March Quarter: Niti Aayog Vice Chairman
Business | Press Trust of India | Wednesday December 2, 2020
GDP Data: A second quarter of GDP contraction pushed the country into a technical recession for first time ever
COVID-19 Impact: Manufacturing Recovery Declines In November, PMI At 56.3
Business | Edited by Nikita Prasad (with inputs from agencies) | Tuesday December 1, 2020
Economy contracted by 7.5 per cent in the July-September quarter, compared to 23.9 per cent decline in the previous quarter with some recovery signs in the manufacturing sector
Q2 GDP Data Key Highlights: Experts See V-Shaped Recovery As GDP Contracts 7.5%
Business | Edited by Nikita Prasad | Saturday November 28, 2020
India Q2 GDP Data Key Highlights: Agriculture, manufacturing, and electricity were the three sectors which showed a V-shaped recovery in terms of growth
With GDP Slump Of 7.5%, India Now Among Worst Performing Major Economies
Business | Edited by Nikita Prasad (with inputs from agencies) | Saturday November 28, 2020
Q2 GDP Data: International Monetary Fund has predicted that the economy would contract by 10.3 percent this year, the biggest slump for any major emerging economy
Agriculture, Manufacturing Buck Trend As GDP Contracts By 7.5% In Q2
Business | Edited by Nirmalya Sen (with inputs from agencies) | Friday November 27, 2020
Agriculture grew by 3.4 per cent, manufacturing by 0.6 per cent from -39.9 per cent in Q1
'Economy Has Done Better Than Our Estimates': What Analysts Say On Economic Data
Business | Edited by Nikita Prasad | Saturday November 28, 2020
Here's what analysts say on the Q2 GDP contraction of 7.5 per cent in the July-September period
India Enters Recession With Back-To-Back GDP Contraction Amid Covid Crisis
Business | Vrishti Beniwal and Karthikeyan Sundaram, Bloomberg | Friday November 27, 2020
Financial and real estate services -- among the biggest component of India's dominant services sector -- shrank 8.1 per cent last quarter from a year ago
At -7.5%, GDP Rebounds But India Now In Technical Recession
Business | Edited by Sandeep Singh (with inputs from agencies) | Friday November 27, 2020
India's gross domestic product (GDP) contracted 7.5 per cent in the July-September period, as the economy rebounded from a record slump of 23.9 per cent in the previous quarter due to slowdown caused by the coronavirus pandemic. Friday's data confirms the economy's first technical recession - which is two consecutive quarters of GDP contraction - s...
What Analysts Say On Upcoming GDP Data
Business | Edited by Sandeep Singh | Friday November 27, 2020
Here's what analysts say on upcoming GDP data and its potential impact on stock markets
Ripple Effects Of GDP Contraction To Take More Time To Dissipate: Analysts
Business | Edited by Sandeep Singh (with inputs from agencies) | Friday November 27, 2020
"In spite of the impact of lockdowns, if negative growth starts to come down, that itself is positive," said AK Prabhakar, head of research at IDBI Capital in Mumbai.
India's GDP Likely Shrank 8.8% In September Quarter? Data To Be Released Today
Business | Edited by Sandeep Singh (with inputs from agencies) | Friday November 27, 2020
India's gross domestic product (GDP) is widely expected to have shrunk in the July-September period, but at a milder pace compared with the previous quarter, as business and economic activities pick up after months of coronavirus-caused slowdown. Official data due at 5:30 pm today is likely to show that the economy entered its first technical reces...
Centre Is Assessing GDP Contraction: Nirmala Sitharaman
Business | Asian News International | Tuesday October 20, 2020
Nirmala Sitharaman said that the Centre has not closed the option for another stimulus package and has started doing "some kind of" assessment on gross domestic product (GDP) contraction.
IMF Slashes India Economic Forecast, Predicts Record Slump
Business | Agence France-Presse | Tuesday October 13, 2020
IMF forecasts that India's GDP will plunge 10.3 per cent this fiscal year ending on March 31, 2021, the biggest contraction since independence.
"Economic Revival Assumes Highest Priority", Says Shaktikanta Das. Read Full Statement Here
Business | Edited by Sandeep Singh | Friday October 9, 2020
The status quo on policy comes at a time when the country's GDP contracted a record 23.9 per cent in the April-June period.
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