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GDP GROWTH NEWS

DBS sees double-digit contraction in economy in April-June quarter

July 07, 2020 5:28 pm

The nature of this sudden stop owing to the pandemic will see real growth shift right to a lower trend, with part of the lost output unlikely to be made up for during the year, said Radhika Rao, economist at DBS Group Research.

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Moody’s lowers India rating citing low growth prospects

June 02, 2020 1:45 am

Moody's expects India's real GDP growth rate to contract by 4 per cent in 2020-21 due to the shock from the coronavirus pandemic and related lockdown measures.

India's GDP growth seen at 1.2% for Q4 FY20: SBI report

May 26, 2020 4:38 pm

According to the SBI's research report - Ecowrap - the gross domestic product (GDP) growth is likely to be 4.2 per cent for FY20 and (-) 6.8 per cent for FY21.

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Industrial output contracts by record 16.7% in Mar; shrinks 0.7% for full FY20

May 13, 2020 5:40 am

For the full financial year 2019-20, the Index of Industrial Production (IIP) recorded a contraction of 0.7 per cent as against 3.8 per cent growth in the previous year.

Fitch Solution cuts India's FY21 GDP growth forecast to 1.8%

April 20, 2020 2:07 pm

Fitch Solutions also anticipated a deeper contraction in fixed investments as businesses choose to cut back on capital expenditure to conserve cash amid elevated economic uncertainty.

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COVID-19 pandemic: IMF cuts India's GDP growth rate to 1.9% in 2020

April 14, 2020 9:40 pm

IMF said that India is among the only two major countries, which will record a positive growth rate in 2020.

Fitch Solutions cuts India's economic growth forecast to 4.9% for FY20

March 02, 2020 3:36 pm

The GDP growth is forecast to recover slightly to 5.4 per cent in 2020-21 (April 2020 to March 2021), Fitch Solutions said.

Nominal GDP growth projections ambitious given structural challenges: Moody's

February 04, 2020 4:18 pm

The Budget expects nominal GDP growth of 10 per cent in the next fiscal, followed by 12.6 per cent and 12.8 per cent in FY22 and FY23, respectively.

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Separating fact from economic fiction: Growth slowed beyond expectations starting late 2018

January 25, 2020 11:40 am

Our very conservative estimate is that absolute poverty in 2017-18 was in the low to mid-single digits — a decline of 6-8 percentage points from the 14 per cent level in 2011-12. This is indeed a happy note as we celebrate 70 years of the creation of the Indian Republic.

Moody's cuts India's GDP growth forecast to 5.6 per cent for 2019

December 13, 2019 1:31 pm

Moody's Investors Service expects economic growth to pick up in 2020 and 2021 to 6.6 per cent and 6.7 per cent respectively, but sees the pace of growth remaining lower than past.

GDP GROWTH VIDEOS

‘Think of it the other way, not about govt raiding RBI, but how RBI could have behaved differently’

June 22, 2020 6:07 pm

In this edition of the Idea Exchange, Former Chief Economic Adviser Arvind Subramanian talks about demonitisation, defends GST, explains the reasons why growth has not been robust and reflects back on his tenure as Chief Economic Adviser of India.