Tag Archives: GDP growth

India could well be the fastest growing Asian economy in calendar year 2021 (CY21) if Nomura’s forecasts are to be believed. The foreign research and brokerage house expects the Indian economy, measured by gross domestic product (GDP), to grow at 9.9 percent in 2021, dwarfing China (GDP growth in 2021 …

“However, high optimism among investors continues unabated, as seen in equity markets around the world. With the US dollar further weakening in November, growth prospects in the rest of the world have strengthened.” , said. The Indian economy is experiencing a V-shaped recovery, as the Gross Domestic Product (GDP) has …

Finance Ministry signals prospects for a second wave of COVID-19 as ‘downside risk’ India’s economy is firmly on the path to a V-shaped recovery after the collapse in the first quarter, and further improvement is expected in the third quarter, ‘despite some moderation’ in November indicators, it said. on Thursday …

Interior Minister Amit Shah spoke after virtually opening two highway bridges in Ahmedabad. New Delhi: Union Interior Minister Amit Shah said today that Prime Minister Narendra Modi had worked hard to revive the economy in recent months and that because of that, he expected India’s GDP to return to positive …

New Delhi: The surprising resilience shown by the manufacturing sector that restricted the GDP contraction to just 7.5 percent in the September quarter could be the result of a massive purge of costs such as the cost of employees by corporations and businesses, which could create a potential headwind in …

By: ENS Economic Bureau | New Delhi | Updated: November 28, 2020 9:25:44 am While this is the case in most world economies, what might be of concern is that, even with a lower rate of contraction compared to the first quarter, the Indian economy remains one of the worst …

India’s economy rebounded to a 7.5% contraction in the July-September quarter, gross domestic product (GDP) data released by the National Statistics Office (NSO) shows. The Indian economy grew 4.4% in the same period of the previous year. India, which is Asia’s third-largest economy, had seen a record 23.9% contraction in …

There has been a significant improvement in the economy during the second quarter, said Dinesh Khara, president of the State Bank of India. Khara spoke at the Hindustan Times Leadership Summit 2020. “I will relate the improvement to the unlock situation. Unlocks lead to increased demands, which leads to significant …

India will be hit hardest among the world’s major economies even after the pandemic dies down, with production 12% below pre-virus levels in the middle of the decade, according to Oxford Economics. The balance sheet stress that had been building up before the coronavirus outbreak is likely to worsen, Priyanka …

The Indian economy is likely to enter a recession phase for the first time in the second quarter (July-September) of the current financial year, and the Gross Domestic Product is expected to contract by 8.6%, the Bank said. of the Reserve of India in a bulletin. released Wednesday. Technically, a …