As per the survey, about 81 per cent of the respondents expected that the second wave in India would not have an adverse impact on the exports for their sectors in the first half of the current year than the comparable period
"We must frame in mind that if you have a GDP decline, the impact of that is felt far more on the vulnerable sector — whether it is the corporate sector or the individual," Chief Economic Adviser said.
The Centre’s fiscal deficit spiked to as high as 9.3% of the gross domestic product (GDP) in FY21, as revenue collections crawled while the need for spending to soften the Covid blows grew. In the current fiscal, the Centre
This has also been evidenced in marketing support to artisans, and in exports from hinterland supported by e-commerce, and bigger players have also undertaken several innovative initiatives, like ‘samarth’ by Flipkart for
At a time when the Second Covid wave is spreading across the country, the good news is that both the IMD and private weather forecaster Skymet have predicted that India is likely to have a normal monsoon
Manufacturing activity accelerated at its slowest pace in seven months in March, thanks to a resurgence in Covid-19 cases that weighed on domestic demand and output. Firms cut jobs again, continuing with a year-long reduction
The performance of the core sector, for instance, continued to improve in January but at a slower pace; the increase was 0.1% month-on-month seasonally adjusted versus 2.2% in the previous months. Worryingly, construction-rel