'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
Industrial Production Contracts 10.4% In July
Business | Edited by Sandeep Singh | Friday September 11, 2020
The production of eight core sectors accounts for about 40 per cent of total industrial production.
Indian Economy Likely To Contract 11.5% In 2020-21: Moody's
Business | Press Trust of India | Friday September 11, 2020
For 2021-22, Moody's Investors Service projected the economy to clock a growth of 10.6 per cent.
Coronavirus Crisis: Rating Agencies Peg Contraction In India's GDP At Up To 11.8% In 2020-21
Business | Edited by Sandeep Singh (with inputs from agencies) | Tuesday September 8, 2020
Days after official data showed India's GDP or gross domestic product shrank a record 23.9 per cent in the April-June period, economists have pegged overall economic contraction for the full financial year 2020-21 above 10.5 per cent. In its Global Economic Outlook report released on Monday, credit ratings major Fitch said it expects the country's ...
Indian Economy Projected To Shrink 11.8% In 2020-21: Fitch Arm
Business | Reuters | Tuesday September 8, 2020
On Monday, India surpassed Brazil as the nation with the largest number of infections outside the United States, with a tally of 4.28 million.
India Ratings Revises 2020-21 GDP Projection To -11.8%
Business | Press Trust of India | Tuesday September 8, 2020
India Ratings said it expects the country's GDP to rebound, and expand at 9.9 per cent year-on-year in financial year 2021-22.
Coronavirus Crisis: India's GDP Likely To Contract 10.5% In 2020-21, Says Fitch
Business | Edited by Sandeep Singh (with inputs from agencies) | Tuesday September 8, 2020
However, the pace of expansion is expected to moderate soon, Fitch said in its Global Economic Outlook report.
Assam Economy To Be Revived By December Quarter: Himanta Biswa Sarma
Business | Written by Ratnadip Choudhury | Wednesday September 2, 2020
Sarma further added that the state government will come out with a special compensation package to assist those affected by the COVID-19 induced lockdown by the end of this year.
Sensex Surges Nearly 600 Points; Bharti Airtel Gains 8% After AGR Ruling
Business | Edited By Abhishek Vasudev | Tuesday September 1, 2020
The overall market breadth was negative as 1,540 shares were declining while 953 were advancing on the BSE.
Sensex, Nifty Flat Amid Volatile Trade
Business | Edited by Sandeep Singh (with inputs from agencies) | Tuesday September 1, 2020
At 10:01 am, the Sensex traded 36.12 points - or 0.09 per cent - higher at 38,664.41 while the Nifty was down 11.95 points - or 0.10 per cent - at 11,375.55.
At -23.9%, GDP Contracts At Its Steepest Pace On Record
Business | Written by Sandeep Singh | Monday August 31, 2020
India's gross domestic product (GDP) contracted 23.9 per cent in the April-June period - much worse than economists' estimates, official data showed on Monday, as the coronavirus pandemic brought key industries to a halt and rendered millions of people jobless. That marked the worst incidence of negative growth for the economy since 1996, when Indi...
Rupee Weakens By 22 Paise To End At 73.62 Against Dollar Ahead Of GDP Data
Business | Edited by Sandeep Singh (with inputs from agencies) | Monday August 31, 2020
Currently, the rupee has taken its recovery from an all-time low of 76.91, registered in April, to 4.28 per cent.
Sensex, Nifty Tumble Ahead Of GDP Data
Business | Edited by Sandeep Singh (with inputs from Reuters) | Monday August 31, 2020
At 1:56 pm, the Sensex traded at 38,857.78, down 609.53 points - or 1.54 per cent - from its previous close, while the Nifty was down 203.45 points - or 1.75 per cent - at 11,444.15.
"Extreme Economic Shock": GDP Data To Show Covid Impact
Business | Anirban Nag and Vrishti Beniwal, Bloomberg | Monday August 31, 2020
With more than 65,000 new infections a day and total cases topping 3 million in a country of 1.3 billion, India's road to recovery appears a long and hard one.
Sensex, Nifty Halt 6-Day Winning Run Ahead Of GDP Data
Business | Edited By Abhishek Vasudev | Monday August 31, 2020
Official data on the country's gross domestic product (GDP) will be released at 5:30 pm today.
'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
Industrial Production Contracts 10.4% In July
Business | Edited by Sandeep Singh | Friday September 11, 2020
The production of eight core sectors accounts for about 40 per cent of total industrial production.
Indian Economy Likely To Contract 11.5% In 2020-21: Moody's
Business | Press Trust of India | Friday September 11, 2020
For 2021-22, Moody's Investors Service projected the economy to clock a growth of 10.6 per cent.
Coronavirus Crisis: Rating Agencies Peg Contraction In India's GDP At Up To 11.8% In 2020-21
Business | Edited by Sandeep Singh (with inputs from agencies) | Tuesday September 8, 2020
Days after official data showed India's GDP or gross domestic product shrank a record 23.9 per cent in the April-June period, economists have pegged overall economic contraction for the full financial year 2020-21 above 10.5 per cent. In its Global Economic Outlook report released on Monday, credit ratings major Fitch said it expects the country's ...
Indian Economy Projected To Shrink 11.8% In 2020-21: Fitch Arm
Business | Reuters | Tuesday September 8, 2020
On Monday, India surpassed Brazil as the nation with the largest number of infections outside the United States, with a tally of 4.28 million.
India Ratings Revises 2020-21 GDP Projection To -11.8%
Business | Press Trust of India | Tuesday September 8, 2020
India Ratings said it expects the country's GDP to rebound, and expand at 9.9 per cent year-on-year in financial year 2021-22.
Coronavirus Crisis: India's GDP Likely To Contract 10.5% In 2020-21, Says Fitch
Business | Edited by Sandeep Singh (with inputs from agencies) | Tuesday September 8, 2020
However, the pace of expansion is expected to moderate soon, Fitch said in its Global Economic Outlook report.
Assam Economy To Be Revived By December Quarter: Himanta Biswa Sarma
Business | Written by Ratnadip Choudhury | Wednesday September 2, 2020
Sarma further added that the state government will come out with a special compensation package to assist those affected by the COVID-19 induced lockdown by the end of this year.
Sensex Surges Nearly 600 Points; Bharti Airtel Gains 8% After AGR Ruling
Business | Edited By Abhishek Vasudev | Tuesday September 1, 2020
The overall market breadth was negative as 1,540 shares were declining while 953 were advancing on the BSE.
Sensex, Nifty Flat Amid Volatile Trade
Business | Edited by Sandeep Singh (with inputs from agencies) | Tuesday September 1, 2020
At 10:01 am, the Sensex traded 36.12 points - or 0.09 per cent - higher at 38,664.41 while the Nifty was down 11.95 points - or 0.10 per cent - at 11,375.55.
At -23.9%, GDP Contracts At Its Steepest Pace On Record
Business | Written by Sandeep Singh | Monday August 31, 2020
India's gross domestic product (GDP) contracted 23.9 per cent in the April-June period - much worse than economists' estimates, official data showed on Monday, as the coronavirus pandemic brought key industries to a halt and rendered millions of people jobless. That marked the worst incidence of negative growth for the economy since 1996, when Indi...
Rupee Weakens By 22 Paise To End At 73.62 Against Dollar Ahead Of GDP Data
Business | Edited by Sandeep Singh (with inputs from agencies) | Monday August 31, 2020
Currently, the rupee has taken its recovery from an all-time low of 76.91, registered in April, to 4.28 per cent.
Sensex, Nifty Tumble Ahead Of GDP Data
Business | Edited by Sandeep Singh (with inputs from Reuters) | Monday August 31, 2020
At 1:56 pm, the Sensex traded at 38,857.78, down 609.53 points - or 1.54 per cent - from its previous close, while the Nifty was down 203.45 points - or 1.75 per cent - at 11,444.15.
"Extreme Economic Shock": GDP Data To Show Covid Impact
Business | Anirban Nag and Vrishti Beniwal, Bloomberg | Monday August 31, 2020
With more than 65,000 new infections a day and total cases topping 3 million in a country of 1.3 billion, India's road to recovery appears a long and hard one.
Sensex, Nifty Halt 6-Day Winning Run Ahead Of GDP Data
Business | Edited By Abhishek Vasudev | Monday August 31, 2020
Official data on the country's gross domestic product (GDP) will be released at 5:30 pm today.
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