India reports 7,466 COVID-19 cases, 175 deaths in 24 hours; Jan-March GDP figures paint a gloomy picture ahead
The number of COVID-19 cases in India climbed to 1,65,799 while toll reached 4,706 with the country registering over 7,000 new cases on Friday
COVID-19 Impact: GDP growth dips to 3.1% in Jan-Mar quarter, slowest growth in 8 years; economy grows at 4.2% in FY20
The gross domestic product (GDP) had expanded by 5.7 percent in the corresponding quarter of 2018-19, according to data released by the National Statistical Office (NSO) on Friday.
Coronavirus Lockdown: GDP data set to show economy grew at its slowest pace in 2 years in March quarter, says report
Unlike some advanced economies, India’s stimulus package has largely focussed on subsidised credit to small businesses and farmers, while direct fiscal stimulus was limited to around 1 percent of the GDP, economists said.
Govt task force calls for boosting private investment in highways; pegs road sector capex at Rs 20.33 lakh cr by 2025
The task force on NIP has stressed the need for more private investment in highways and projected the total capital expenditure in road sector at Rs 20.33 lakh crore in fiscals 2020-2025
Nirmala Sitharaman tried to please everyone and ended up satisfying none; Budget 2020 is a lost opportunity
Nirmala Sitharaman's careful grafting and granular approach gave the impression of a government still relying on cautious optimism and refusing to acknowledge the extent and nature of the slowdown that has pushed Indian economy to the brink of a stagflation
Govt to cut spending by Rs 2 tn this fiscal amid biggest tax shortfall in recent years; likely to hit growth: Report
Lack of demand and weak corporate earnings growth in the economy led to lagging tax collections this year
Q2 GDP growth at 4.5%: Govt has indeed acknowledged, responded to problems with some measures but cannot afford to take eye off ball
Private investment (reflected in gross fixed capital formation, GFCF) not only slipped in terms of percentage of GDP (to 27.8 percent in Q2 from 29.2 percent in the same period last year and from 29.7 percent in Q1) but also in terms of growth.
IIP contracts for second consecutive month: Economy goes into a tailspin; $5 tn target is distant dream unless out-of-box measures are taken now
The signs of further weakness in the Indian economy are emerging from every high-frequency data indicator.
Govt unlikely to announce any economic stimulus before Monday, meetings planned to discuss package: Report
The Australia and New Zealand Banking Group (ANZ) slashed its forecast for India’s economic growth to 6.2 percent in the financial year ending next March from a previous estimate of 6.5 percent,
The most positive aspect of the economic slowdown in the country is that there is official acceptance that something is amiss
The Narendra Modi government’s ambitious target of a $5 trillion economy by 2024 has triggered interesting debates.
Union Budget 2019: Private investors are doing the vanishing act; will Nirmala Sitharaman pull a trick to lure them back?
The government needs to lure private investors back into India through a combination of measures including tax sops and change in land and labor laws.
Govt, Reserve Bank of India must work closely to boost sagging growth engine, ensure systemic stability: Shaktikanta Das
Das said there has been an improvement in the performance of the state-run lenders due to recapitalisation
MPC swings from ‘neutral’ to ‘accommodative’, but the RBI show is a non-event until banks play their part
In the backdrop of falling growth and cooling inflation, it was clear that a rate cut was on the cards.
It said that from a credit rating perspective, Fitch would focus on the extent of the next government's efforts to improve India's weak fiscal finances
NITI Aayog's economic agenda for new govt to focus on boosting private investment: Vice Chairman Rajiv Kumar
NITI Aayog is working on the economic agenda for the new government where the focus will be on achieving long term sustainable growth and boosting private investments in the country, the think tank's Vice Chairman Rajiv Kumar said on Wednesday
GDP growth at 7.1% in Q2: With economy struggling to keep pace, 7.5% full year target looks difficult
The gross domestic product (GDP) growth rates will remain in the news for quite some time now.
CII President Rakesh Bharti Mittal noted that GST, reforms in Ease of Doing Business, FDI, labour, agriculture, and many other initiatives aimed at improving the overall investment climate and productivity have begun to show impact.
Four years of Narendra Modi: India’s economy, on a roller coaster ride, is now at the mercy of crude oil gods
If the government fails to bottle the inflation genie, it will be politically disastrous for Narendra Modi and his party in an election year.
Fiscal discipline has taken a backseat in the latest annual Indian Budget which contains many tinges of populism, noted Indian economist Eswar Prasad said