Five pointers that make today's GDP data hard to miss
All macroeconomic indicators so far project a sombre picture for the economy.
Ankit Saproo
Q4 GDP: Where will India be when this dreadful year finally ends? Today's numbers will show the first signs
The nationwide lockdown announced from March 25 brought the entire economy to a standstill .
How much firepower does RBI have to save Indian economy from coronavirus? Here's a clue
"A rate cut will not reduce the rate of infection — it won't fix a broken supply chain," Powell said yesterday after the Fed cut rates by 50-bps. SBI MF CIO Navneet Munot corroborates: "While the US Fed has cut rates and other central banks have shown a strong resolve to act, my sense is that monetary policy has almost run its course."
Budget 2020 can end India Inc's wait and watch mode to spur investment in the economy
The government has been intervening, at regular intervals, to pump prime the economy. Finance minister Nirmala Sitharaman announced new measures to boost economy and rolled back those which soured investor sentiment. The economy, which hit a trough in the second quarter, is expected to see some revival in the second half of this fiscal.
Budget 2020: Can government afford to miss its fiscal deficit target?
A number of experts have revised their fiscal deficit target for current fiscal. Fitch has raised the fiscal deficit target to 3.6 per cent for FY20. The data released by the Controller General of Accounts showed that the government had reached 115 per cent of the target for the full year in the first eight months of the current fiscal.
ET Explains: India's coal sector output is back in the black. Here's what that means
The numbers are critical for India as it powers ahead to reach its goal of $5 trillion GDP.
ET Explains: What's making the pass-through of RBI's policy decisions sticky
The issue of lack of monetary transmission hasn't cropped up suddenly and is something that has been a matter of concern for the RBI in ensuring the pass-through of its policy decisions. The matter snowballed in the last few months after the RBI observed that the effects of its rate cuts are not being felt in terms of interest rates coming down.
The next booster shot to revive economy may not be far away
Going by what the indicators are showing so far, third quarter doesn't hold any hopes of revival.
ET Explains: Inside RBI's plan to avert PMC Bank-like embarrassments
New policy measures were announced on Thursday to strengthen the regulatory framework at the UCBs.
ET Explains: What went wrong with the Q2 GDP growth
A granular look reveals the disarray: All lead indicators point to a dismal manufacturing growth.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon
