The rate of contraction of the Indian economy slowed significantly in the second quarter, better than estimated by most economists, not because of government support, but despite the fact that the Center cut its spending, especially capital spending. , considered to stimulate the growth of the economy. In the September …
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Economists expect business activity to have recovered after months of slowdown caused by the coronavirus India’s gross domestic product (GDP) contracted 7.5 percent in the July-September period, as the economy rebounded from a record 23.9 percent drop in the previous quarter due to the slowdown caused for the coronavirus pandemic. …
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The economy was pushed into a record contraction in the June quarter due to COVID-19 restrictions. India’s gross domestic product (GDP) is expected to have declined in the July-September period, but at a softer pace compared to the previous quarter, as business and economic activities rebound after months of slowdown …
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MUMBAI: Gross domestic product (GDP) is likely to contract by 8.6% for the July-September period, which means that India will enter a recession for the first time in history in the first half of this fiscal year with two successive quarters of negative growth due to the Covid-19 pandemic, according …
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By: ENS Economic Bureau | New Delhi | Updated: October 15, 2020 7:49:33 pm Global growth is projected to contract 4.4 percent, an upward revision of 0.8 percent since its June update, the IMF said. Kaushik Basu, Cornell University economics professor and former World Bank chief economist Kaushik Basu, has …
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By: ENS Economic Bureau | New Delhi | Updated: September 8, 2020 7:27:06 am The Minister of Finance, Nirmala Sitharaman, in the fourth edition of the Business Reform Action Plan. As the States ruled by the center and not BJP Continue to face the mechanism to comply with the compensation …
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Written by Udit Misra, Nushaiba Iqbal | New Delhi | Updated: September 1, 2020 7:10:53 am Migrant workers return to New Delhi from parts of Uttar Pradesh on August 8, 2020 (Photo Express: Praveen Khanna). Although most people expected India’s GDP to show a substantial contraction when the Ministry of …
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India’s gross domestic product (GDP) contracted 23.9 percent in the April-June quarter of 2020-21 compared to the same quarter of the previous financial year, official data released by the National Bureau of Statistics showed ( NSO) on Monday. This was mainly due to limited economic activity in the country during …
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Economists Say Rapid Rise In COVID-19 Cases Could Delay Recovery In Already Slowing Economy India’s gross domestic product or GDP contracted 23.9 percent in the April-June period, official data showed today, as disruptions induced by the coronavirus pandemic damaged businesses and livelihoods across the country. Despite the monetary and fiscal …
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Written by Aanchal magazine | New Delhi | Updated: August 31, 2020 6:56:37 am According to the Center for Monitoring the Indian Economy (CMIE), salaried jobs suffered the greatest impact during the shutdown, with a total loss estimated at 18.9 million during April-July. The Gross Domestic Product (GDP) from April …
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