Tag Archives: India GDP

MUMBAI: Goldman Sachs has raised Indian stocks to overweight in hopes that the earnings recovery will lead to the rally. Goldman Sachs was a structural bull in India, but had dropped India to market weight in April on national shutdown concerns, increased pandemic cases, and expectations of a significant contraction …

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 …

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 …

India’s economy accelerated in September, as revival in demand and business activity helped propel the South Asian nation toward recovery from the pandemic-induced recession. Five of the eight high-frequency indicators, including exports, tracked by Bloomberg News improved last month, while three were flat. That helped move the needle on a …

“It is very important that financial institutions have adequate capital (to support growth),” he said. Many of them have already raised capital and others are planning, he mentioned, adding that they certainly would in the coming months. Both fiscal and monetary policy were countercyclical and accommodative, both working in close …

China’s production is expected to exceed 2019 levels this year The Covid-19 pandemic will produce lasting changes in global growth, pushing China even further to the forefront. The share of global growth coming from China is expected to rise from 26.8% in 2021 to 27.7% in 2025, according to Bloomberg …

Rahul Gandhi called the IMF projections another “solid achievement” by the government. (Proceedings) Highlight The IMF has projected that the Indian economy will contract 10.3% this year. “Another solid achievement by the government,” said Rahul Gandhi. India is likely to recover with an impressive growth rate of 8.8% New Delhi: …

Written by Udit Misra, Nushaiba Iqbal | New Delhi | Updated: October 16, 2020 7:18:11 am A man works at a construction site in Dharmsala, Tuesday, Oct. 13, 2020 (AP Photo: Ashwini Bhatia) The latest update of the International Monetary Fund on the Outlook for the world economy published on …

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 …

Bangladesh is expected to overtake India in terms of gross domestic product (GDP) per capita this calendar year, thanks to a sharp contraction in the Indian economy due to Covid-19 and the economic lockdown. According to the International Monetary Fund (IMF) -World Economic Outlook (WEO), Bangladesh’s GDP per capita in …