India Gdp Growth

India Set To Drop Below Bangladesh In 2020 Per Capita GDP In IMF Forecast

India News | Reported by Sakshi Bajaj | Wednesday October 14, 2020

India is set to drop below Bangladesh in terms of per capita Gross Domestic Product (GDP) as the economy, according to the International Monetary Fund, is projected to contract by a massive 10.3 per centthis year. The IMF's forecast for India, a huge downward revision from its previous prediction in June, will see the biggest contraction among majo...

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.

Difficult To Gauge Extent Of Economic Disruption Under Lockdowns: Report

Business | Vrishti Beniwal, Bloomberg | Friday August 28, 2020

Forecasts for GDP in the quarter through June range from a contraction of 15 per cent to a decline of 25.9 per cent, with a median estimate of -19.2 per cent.

Fitch Lowers Outlook On India To "Negative"

Business | Edited by Sandeep Singh (with inputs from agencies) | Thursday June 18, 2020

The coronavirus pandemic has significantly weakened India's growth outlook for this year and exposed the challenges associated with a high public-debt burden, Fitch said.

Moody's Lowers India GDP Growth Projection Amid COVID-19 Crisis: 10 Points

Business | Edited by Sandeep Singh (with inputs from agencies) | Wednesday April 29, 2020

Credit ratings major Moody's on Tuesday cut its forecast for GDP or gross domestic product expansion in India on account of the economy fallout from the coronavirus (COVID-19) pandemic, which has pushed world business into a standstill. Moody's Investors Service now projects the country's economy to grow 0.2 per cent in 2020, marking a sharp downwa...

Moody's Cuts Forecast For India's GDP Growth This Year To 0.2%

Business | Edited by Abhik Deb | Tuesday April 28, 2020

The forecast is a downward revision of its March projection, when Moody's had predicted a 2.5 percent growth for India's economy

India To Grow At 1.9% This Year, Global Growth To Shrink By 3%, Forecasts IMF

Business | Edited by Abhik Deb (with inputs from agencies) | Tuesday April 14, 2020

The forecast also mentioned that Asian powerhouses India and China are likely to narrowly avoid recession this year

India GDP Growth Likely To Slow Down To 4% In 2020-21 On Covid-19: Asian Development Bank

Business | Press Trust of India | Friday April 3, 2020

India will stage a strong recovery in the next financial year on the back of its sound macroeconomic fundamentals, Asian Development Bank added.

Moody's Slashes India GDP Growth Forecast For 2020 To 2.5%

Business | Edited by Peter Noronha (with inputs from agencies) | Friday March 27, 2020

In its Global Macro Outlook 2020-21, Moody's said that India is likely to see a sharp fall in incomes at the estimated growth rate of 2.5 per cent, further weighing on domestic demand and pace of recovery in 2021.

Moody's Cuts India GDP Growth Forecast To 2.5% In 2020

Business | Press Trust of India | Friday March 27, 2020

Moody's said that at the 2020 estimated growth rate, a sharp fall in incomes in India is likely, further weighing on domestic demand and the pace of recovery in 2021.

Fitch Cuts India's Growth Forecast To 4.9% For 2019-20

Business | Indo-Asian News Service | Tuesday March 3, 2020

"We at Fitch Solutions are revising down our forecast for India's real GDP growth to 4.9 per cent in FY2019-20, from 5.1 per cent previously, and 5.4 per cent in FY2020-21, from 5.9 per cent previously," the agency said in its outlook for the country

India Is Fifth-Largest Economy In 2019, Overtakes France, UK: Report

India News | Press Trust of India | Monday February 17, 2020

India has emerged as the world's fifth largest economy by overtaking the UK and France in 2019, a US-based think tank said in its report.

Fitch Cuts India GDP Growth Forecast To 4.6% For Current Financial Year

Business | Press Trust of India | Friday December 20, 2019

The Fitch's FY2019-20 growth forecast is lower than 4.9 per cent projection by Moody's and 5.1 per cent by Asian Development Bank.

Asian Development Bank Cuts India Growth Forecast To 5.1% For Fiscal Year 2019

Business | Reuters | Wednesday December 11, 2019

The ADB also lowered its forecast for South Asia's largest economy India for fiscal years 2019 and 2020 to 5.1 per cent and 6.5 per cent, from its September estimates of 6.5 per cent and 7.2 per cent, due to liquidity strains on its non-banking finance companies and slow job growth.