Written by Udit Misra, edited by Explained Desk | New Delhi | Updated: November 30, 2020 2:10:17 pm People load sacks of cement onto a truck outside a warehouse in Calcutta’s Chitpur area (Photographer: Arko Datto / Bloomberg) According to official data released last Friday, India’s gross domestic product (GDP) …
Read More »GDP growth rate for the second quarter of 2020, GDP data for July to September 2020 announced
By: Express Web Desk | New Delhi | Updated: November 27, 2020 9:00:52 pm A worker works on the welding line at the Innova Crysta compact multipurpose vehicle (MPV) production line at the Toyota Kirloskar Motor Ltd. plant in Bidadi, Karnataka, India, Wednesday, September 9, 2020 (Photographer: Dhiraj Singh ). …
Read More »India’s economy was facing the worst slowdown in history before the Covid-19 hit
The Indian economy was in one of its worst slowdown phases even before the Covid-19 pandemic. GDP growth fell continuously for eight quarters (except for a flash of 0.08 percentage points between December 2018 and March 2019. It was 8.2% in March 2018 and had fallen to only 3.1 % …
Read More »GDP contracted 23.9% in the June quarter compared to 3.1% growth in the
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 …
Read More »BSE Sensex NSE Nifty 50 LIVE COVID-19 Update Sensex Nifty Break 6-Day Winning Run Ahead Of GDP Data
Domestic stock markets gave up all of the day’s gains in a volatile session on Monday, as investors’ focus shifted to an India-China outbreak at the border, from mounting cases of COVID-19. The S&P BSE Sensex Index fell 1,614 points from an intraday high of 40,010.17 to drop below the …
Read More »India could see a 19.2% drop in GDP amid the COVID-19 crisis, the worst among major Asian nations, analysts say
Even before the pandemic hit, Asia’s third-largest economy was in the midst of a slowdown. Highlight Today’s data will likely show India’s June quarter GDP declining 19.2% That would be the sharpest contraction since 1996. The COVID-19 lockdown caused an unprecedented blow to the economy India, once the world’s fastest-growing …
Read More »ExplainSpeaking: What to Look for in Tomorrow’s GDP Data
Written by Udit Misra, edited by Explained Desk | New Delhi | Published: August 30, 2020 7:26:16 am Migrant workers return to New Delhi from parts of Uttar Pradesh on August 10, 2020. In large numbers, the workers had left the city due to the Covid-19 shutdown. (Express photo: Praveen …
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