Page 28 of economic growth

Swift recovery expected due to limited impact of lockdown on economy: Survey

As per the survey, about 81 per cent of the respondents expected that the second wave in India would not…

July 11, 2021 13:23 IST

Krishnamurthy Subramanian, Chief Economic Adviser

Idea Exchange: Poor impacted more than rich… We must keep pandemic year as signpost to remind why growth is key for economy, says Chief Economic Adviser Krishnamurthy Subramanian

“We must frame in mind that if you have a GDP decline, the impact of that is felt far more…

July 11, 2021 05:30 IST

Sitharaman stressed the government’s vision to build a self-reliant modern India, driven by 5 “Is” -- intent, inclusion, investment, infrastructure and innovation.

Cash in on opportunities arising out of recent FDI reforms: FM Nirmala Sitharaman to US investors

The Centre’s fiscal deficit spiked to as high as 9.3% of the gross domestic product (GDP) in FY21, as revenue…

June 26, 2021 05:45 IST

While the average recovery from toxic assets was to the tune of 39% of creditors’ claims until March 2021, in some cases, the haircuts were as high as 95%.

Moody’s: Covid-19 second wave dented aggregate demand but impact limited

Slashes India growth forecast to 9.6% for 2021 from 13.9% earlier

June 24, 2021 04:30 IST

Covid-19 – an inflexion point for e-commerce

This has also been evidenced in marketing support to artisans, and in exports from hinterland supported by e-commerce, and bigger…

June 20, 2021 18:28 IST

Monsoon, Indian agriculture, Kharif, rabi

Normal monsoon to support economic recovery; will agri commodity price rally continue in coming days?

At a time when the Second Covid wave is spreading across the country, the good news is that both the…

June 19, 2021 12:18 IST

Demand can also be revitalised through a time bound tax concession of interest rate subvention for home buyers, a LTC cash voucher scheme as done last year and extending the Atmanirbhar Bharat Rozgar Yojana till 31 March 2022, he said.

Govt has room for fiscal stimulus, says CII president Narendran

CII further urged for expansion in the Reserve Bank of India (RBI) balance sheet to meet the demand exigencies of…

June 18, 2021 06:30 IST

Unfortunately, agriculture cannot pull the economy out of the trough.

Covid-19: Daily cases fall, but meaningful rebound still some distance away

Outlook on indicators like farm-wages, exports, encouraging but services needs to recover, and signs of that are feeble still

June 14, 2021 06:00 IST

RBI Monetary Policy HIGHLIGHTS: No repo rate cut for 5th straight MPC; maintain accommodative stance

RBI Monetary Policy HIGHLIGHTS: Reserve Bank of India keeps the repo rate unchanged for the 5th consecutive monetary policy committee.

Updated: April 7, 2021 17:25 IST

Resurgence in Covid-19 cases: Manufacturing growth hits 7-month low in March

Manufacturing activity accelerated at its slowest pace in seven months in March, thanks to a resurgence in Covid-19 cases that…

April 6, 2021 01:05 IST

Growth Outlook: Second Covid-19 wave unlikely to impact recovery

The goods sector should continue to recover. Besides, the most vulnerable sectors—hospitality & transportation—constitute just 5.7% of GDP

April 5, 2021 06:10 IST

Fixed investment, on which the government would make bets on, rose by a sharp 55.3% in Q1FY22 to raise its share in GDP by over 7 percentage points to 31.6%.

Covid-19 pandemic pushes back India’s $5-trillion GDP goal by 3 years to FY32: BofA Securities

Currently, India is the fifth-largest economy in the world behind Germany. The government has set a target of becoming a…

Updated: March 22, 2021 19:37 IST

While the services sector is picking up -- the February composite PMI was up at 57.3 from 55.8 in January — the loss of momentum elsewhere is a concern at a time when there is fresh surge of infections especially in key states like Maharashtra.

Economy: Recovery continues but losing tempo; labour-intensive sectors still remain sluggish

The performance of the core sector, for instance, continued to improve in January but at a slower pace; the increase…

March 15, 2021 05:30 IST

Montek Singh Ahluwalia says country’s economy is gradually recovering

The country’s economy, which contracted in the first two quarters of the current fiscal, has started recovering at a gradual…

January 24, 2021 21:12 IST

coronavirus, lockdown, fitch, india ratings, 1.9, economic forecast, GDP growth

All is NOT well with India’s economy: GDP growth may fall to lowest in nearly 30 years

India Ratings and Research has further cut FY21 GDP growth forecast to 1.9%, which will be the lowest GDP growth…

Updated: April 28, 2020 12:34 IST

3 industrial shares to buy: As investors look for gems amid COVID-19 slump, these stocks may gain 40%

With the lockdown extension till May 3, 2020, the key demand driver is likely to deteriorate further in the coming…

April 14, 2020 17:32 IST

Economic impact of coronavirus deepens, second round of relief package for corporate India in offing

The government is all set to announce another round of relief measures for corporate India targeted at specific sectors that…

Updated: April 8, 2020 15:04 IST

India to grow at 7.8 per cent in FY17, led by consumption: DBS

Recovery in the Indian economy is likely to continue and the GDP growth is expected to be higher at 7.8…

June 12, 2016 12:11 IST

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Room opened for rate cut, time not opportune: RBI Guv

Policy4 hr ago

RBI governor Sanjay Malhotra believes that although there is room for a repo rate cut, the current external uncertainties and ongoing transmission of previous measures make the timing unsuitable. The MPC decided to maintain a pause, but acknowledged India’s strong economy.

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