Tag Archives: GDP

After several rounds of discussion, the government has almost finalized the next stimulus package, the source said, adding that the size of the stimulus could be much smaller than the previously announced amount of Rs 20 lakh crore. The government may announce the reintroduction of Pradhan Mantri Rojgar Protsahan Yojna …

The Reserve Bank’s number is driven by cost cuts at companies that boosted operating profit India’s economy likely contracted for the second consecutive quarter, according to a team of economists that included Michael Patra, the central bank’s deputy governor in charge of monetary policy, pushing the country into an unprecedented …

Unlock 5: MHA Expands Guidelines to Reopen Schools, Universities New Delhi: The Union Ministry of the Interior (MHA) issued an order on Tuesday, October 27, to extend the MHA’s unblocking guidelines for the reopening of schools and universities until the end of November. Now, the school’s reopening guidelines, posted on …

The IMF’s forecast for India is a big downward revision from its previous forecast in June. New Delhi: On a day when data on China’s growth was released, with its economy growing at 4.9% year-on-year in the third quarter, economists highlighted projections for other Asian economies. China recovered from the …

Congress President Sonia Gandhi on Sunday criticized the Bharatiya Janata Party (BJP) for alleged atrocities committed against women, the Dalits, by passing three “black laws against farmers” and “demolishing” the economy while claiming that the Prime Minister Narendra Modi “abdicated” his responsibility “in the fight against the Covid-19 pandemic. “The …

Arvind Subramanian said that a more appropriate base is GDP at constant prices and purchasing power parity (PPP) exchange rates, showing India ahead. (Image from Bloomberg) Former chief economic adviser Arvind Subramanian said we should measure real GDP in local currency after taking out the effects of inflation and then …

Congressional leader Rahul Gandhi on Friday attacked the government of the National Democratic Alliance (NDA) led by the Bharatiya Janata Party (BJP) over the International Monetary Fund (IMF) projection of India’s gross domestic product (GDP) during this fiscal year amid the coronavirus disease. Gandhi’s mockery featured neighboring countries like Pakistan …

India’s Gross Domestic Product (GDP) in terms of purchasing power parity (PPP) in 2019 was 11 times that of Bangladesh, government sources said. In 2019, India’s GDP in terms of purchasing parity was 11 times that of Bangladesh, while the population was 8 times greater. In terms of purchasing power …

Faced with attacks from the Opposition on the International Monetary Fund (IMF) projection that Bangladesh will surpass India in terms of per capita income, the government said that India’s Gross Domestic Product (GDP) is 11 times higher than the from Bangladesh in 2019. Downplaying the IMF projections, insiders said that …

India’s economy will contract by a whopping 10.3 percent this year, the IMF said. New Delhi: India is projected to fall below Bangladesh in terms of Gross Domestic Product (GDP) per capita, as the economy, according to the International Monetary Fund, is forecast to contract by 10.3% this year. The …