Tag: India GDP

India growth forecast: IMF slashes India’s growth forecast for FY22 to 9.5% from its previous projection of 12.5%

The International Monetary Fund (IMF) has slashed India’s growth forecast for FY22 to 9.5% from its previous projection of 12.5% citing the severe second Covid-19...

Numbers that matter: State of an economy interrupted, in charts

(This story originally appeared in on Jul 16, 2021) The gradual fall in Covid-19 cases and subsequent aggressive vaccination drive across the country has brightened...

The Alluring Twenties: What would it take to replicate the 1920s?

A year ago, prospects for the global economy seemed bleak. Economic activity had come to a screeching halt amidst nation-wide lockdowns and trade disruptions. Industrial...

indian economy: Local lockdowns temper India’s economic activity in April

India’s economic activity showed signs of beginning to cool off in April as several states resorted to lockdowns to control a deadly second wave of...

India GDP forecast: Barclays cuts India’s FY22 GDP estimate to 9.2% on second wave, slow pace of vaccinations

A British brokerage on Tuesday cut India’s FY22 GDP growth estimate by a sharp 0.80 per cent to 9.2 per cent, saying the economic impact...

Faced with revenue worries, Centre may look at PSUs for higher dividends

NEW DELHI: The Union government may look towards its cash-rich public sector undertakings and those falling behind on their capex plans for current fiscal to...

gdp: View: The added burden of taxes, the aspect that went almost unnoticed in Q2 GDP narrative

By the time you read this, you would already have digested the major implications of the latest data on economic growth, released on Friday: the...

Bank of America sees second quarter growth improving to -7.8%

Mumbai: The Indian economy is likely to have improved in the second quarter with GDP printing in at -7.8 per cent as against 24 per...

Economy to be among the fastest growing next year: Finance Minister Nirmala Sitharaman

NEW DELHI: The Indian economy may contract or stagnate this fiscal but it will bounce back to be among the fastest growing in the world...

Indian economy to contract by 12.6% in Q2, need 1991 like reforms: NCAER

The National Council for Applied Economic Research (NCAER) has projected the economy to contract 12.6% during the current fiscal, a massive 14.4 percentage point downgrade...

India hopes farming can boost its economy. But, it may not be enough

By Karthikeyan Sundaram and Pratik Parija India’s agriculture sector isn’t the bright spot in the economy that many think it may be. While farming was...

indian economy: View: India’s economy is ailing from more than Covid-19

By Mihir Sharma According to the International Monetary Fund, India will be the large economy worst hit by the Covid-19 pandemic. The Fund now says...

Five charts that show how bad things are for Indian consumers

By Anirban Nag and Srushti Madre A collapse in consumer spending in India, the bedrock of the economy, shows very little sign of rebounding anytime...

India GDP: Deficit monetisation: Is it really as simple as RBI printing more money?

By Deepthi Mary Mathew The Indian economy is passing through an unprecedented phase, and so is the fiscal health of the country. It is pretty...

India’s GDP may plummet to multi-decade low of 1.6 per cent in FY21: Goldman Sachs

MUMBAI: Economic growth is likely to plummet to a multi-decade low of 1.6 per cent in fiscal year 2020-21 due to COVID-19 pandemic and ensuing...