August 27, 2021 5:24 pm
The Aug. 20-25 Reuters poll of 41 economists showed gross domestic product rose 20.0% in the three-month period, compared with a record contraction of 24.4% in the same quarter a year earlier.
June 02, 2021 6:24 am
He asked the government to print money if needed and increase spending.
June 01, 2021 5:04 am
The uptick in the fourth quarter was driven mainly by the manufacturing sector even as services remained comparatively sluggish, provisional estimates of annual national income and quarterly estimates released by the National Statistical Office (NSO) on Monday showed.
May 25, 2021 3:54 pm
The report said that going by the estimate of 1.3 per cent GDP growth, India would still be the fifth-fastest-growing country among 25 nations that have released their GDP numbers so far.
May 25, 2021 11:24 am
Barclays said the economic costs of the recent surge in cases are rising rapidly, and added that while "reasonably stable", the economy experienced a sharp decline in activity in May as is evident in high frequency data.
May 24, 2021 3:29 pm
The agency has projected the GVA growth at 3 per cent in Q4 of FY21, up from 1 per cent in Q3, suggesting that the double-dip recession implied by the National Statistics Office (NSO) for Q4 is averted.
March 31, 2021 10:23 am
Given the significant uncertainty pertaining to both epidemiological and policy developments, the real GDP growth for FY21/22 can range from 7.5 to 12.5 per cent, depending on how the ongoing vaccination campaign proceeds, whether new restrictions to mobility are required, and how quickly the world economy recovers, the World Bank said.
January 08, 2021 6:56 am
Out of a total eight sectors, agriculture and electricity generation are the only two that are projected to be in positive territory, with an estimated growth rate of 3.4 per cent and 2.7 per cent respectively.
December 08, 2020 10:41 am
In its Global Economic Outlook, Fitch said the coronavirus recession has inflicted severe economic scarring and the country needs to repair balance sheets and increase caution about long-term planning.
December 05, 2020 9:04 am
So even as economies heal from COVID-19, the distribution of incomes across capital and labour risks becoming very skewed in favour of capital. Why does this matter? Equity issues apart, this portends ominously for future demand.