SEARCHED FOR:ECONOMIC GROWTH
Services improve in June, but still in contraction
Although the pace of decline moderated from May - the Nikkei/IHS Markit Services Purchasin...
GDP growth at 3.1% in Q4 drags full year FY20 growth to 4.2 per cent
The govt has revised growth for the first three quarters of FY20 to 5.2%...
India's fundamentals demand much better rating, GDP growth to decline this year: CEA
India's ability and willingness to repay debt is gold standard, CEA said making a case for ratings upgrade.
S&P's retains India's sovereign rating at BBB- with stable outlook
S&P said the stable outlook reflects its expectation that India's economy will recover after Covid.
India's economy could contract by as much as 7.3% in FY21 in the event of second Covid outbreak: OECD
The Organisation for Economic Co-operation and Development pegged India's growth at -3.7% for the ongoing fiscal with a rider that growth could drop further to -7.3% in the event of a second Covid-19 outbreak, according to its Economic Outlook.
Indian economy to contract 10% this fiscal: Subhash Chandra Garg
The former finance secretary said India's lockdown was faulty, saying the economy will shrink by 10%.
India GDP growth dips to 3.1% in Jan-Mar; 4.2% in 2019-20
India's economic growth slipped to 3.1 per cent in the January-March quarter of 2019-20 showing impact of COVID-19 pandemic. The gross domes...
Indian economy to be in 'deep freeze': Moody’s
The agency says prospects of further reforms to support business have diminished.
Coronavirus to impact India's economic growth "severely": D&B
According to Dun & Bradstreet's latest Economy Forecast, the probability of countries entering into recession and companies going bankrupt has increased and India is not likely to "remain decoupled" from the global meltdown. India's GDP growth is expected to moderate further from our earlier estimate of 5 per cent for FY20, it said.
Economic growth may fall to 1.1 per cent this fiscal: SBI report
The economic growth rate during 2019-20 is estimated to come down to 4.1 per cent from 5 per cent projected by several agencies before the outbreak of deadly virus, which affected more than 20 lakh persons around the world and took lives of over 1.3 lakh people.
COVID-19: IMF anticipates sharply negative economic growth fallout since the Great Depression
Given the containment measures to slow the spread of the virus, the world economy is taking a substantial hit.
Locked-down Indian economy in its worst quarter since mid-1990s
Over 2.6 million people have been infected by the coronavirus worldwide and more than 180,000 have died. Business and household lockdowns have disrupted supply chains globally, bringing growth to a halt.
BOJ's Kuroda warns second-round effect of Covid-19 may dent economic growth
"Japan's economy has been in an extremely severe situation ... In the second quarter, we'll likely see considerable negative growth," Kuroda said.
Govt spending remains key to India's economic growth
The wider body of indicators have thrown up a mixed bag. Continued spending is key to keep “green shoots” alive.