Tag: India GDP
17 Results
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World Bank cuts India’s GDP growth to 6.5%
Citing the deteriorating global scenario, the World Bank on Thursday downgraded India's GDP forecast for the current fiscal to 6.5 per cent.
October 6, 2022 -
Phased unlock: FY22 GDP growth projected at 8.5%: ICRA
Besides, it has excluded the impact of the release of food subsidy arrears in FY2021, based on the clarification provided by the National Statistical Office (NSO).
June 10, 2021 -
India’s double-digit GDP growth expected in FY22: PHD CCI report
PHDCI Economy GPS Index was 103 in February 2020, with an improvement of 19 points in February 2021 over February 2020.
March 11, 2021 -
Indian economy exits technical recession with GDP growth at 0.4% in Q3FY21
The GVA in Q3 2020-21 from the manufacturing sector grew 1.6 per cent, as compared to a de-growth of (-) 1.5 per cent in Q2FY21.
February 27, 2021 -
Economic Survey: India’s GDP to grow 11% next fiscal as it makes ‘V-shaped’ recovery
The GDP is projected to contract by a record 7.7 per cent in the current fiscal ending March 31, 2021, deepest contraction in four decades.
January 29, 2021 -
India’s 2020 GDP estimated to contract by at 9.6%, may grow at 7.3% in 2021: UN
Many of the jobs in these sectors cannot be performed remotely, making them vulnerable to lockdown and quarantine measures.
January 26, 2021 -
India needs to lower its logistics cost to 7-8% of GDP: Report
The report noted that the current logistics cost of India is 14 per cent of GDP, while in the US and Europe, it ranges between 8-10 per cent.
December 23, 2020 -
India’s GDP contracts by 7.5 per cent in Q2FY21
The economy had shrunk by an unprecedented 23.9 per cent in the first quarter of this fiscal due to the coronavirus pandemic and resultant lockdowns.
November 27, 2020 -
Consolidated Centre, state fiscal deficit may touch 13% of GDP: SBI Ecowrap
Credit to NBFCs, however, jumped in August after 3 successive months of decline.
October 1, 2020 -
ADB expects India’s economy to contract 9% in 2020-21; Projects recovery in next fiscal
The ADB expects that the inflation to fall in the remainder of FY2020 to 4.5 per cent with tamed food prices and decreased economic activity.
September 15, 2020 -
India’s 2020 auto sales expected to decline by 30%: Moody’s
Auto unit sales will decline at least 30 per cent in 2020, following a decline of over 40 per cent in the seven months through July.
September 9, 2020 -
Indian economy to contract 10.5% instead of 5%: Fitch Ratings
India's GDP shrank by a staggering 24 per cent year-on-year amid the imposition of one of the most stringent global nationwide lockdown.
September 8, 2020 -
India’s GDP to contract 16.5% in Apr-June quarter: SBI report
So far, around 1,000 listed entities have announced their results for the first quarter.
August 17, 2020 -
India’s real GDP could have shrunk by 5% YoY in July: Report
The report said that as the COVID-19 pandemic is still not contained in India and partial lockdowns have been re-introduced in some parts of the country.
August 4, 2020 -
Digitalisation of SMBs could add as much as USD 216 billion to India’s GDP by 2024: Study
For the Asia Pacific region in general, SMBs continue to make progress in their digitalisation journeys, despite challenges.
July 28, 2020 -
Bank of America Securities says Indian GDP to contract 7.5% if COVID vaccine is delayed
A base case is the most probable case or expected case. While a bear case means a typically pessimistic case.
July 13, 2020 -
Fitch Ratings revises India’s outlook to negative from stable
Fitch said its forecasts are subject to considerable risks due to the continued acceleration in the number of new COVID-19 cases as the lockdown is eased gradually.
June 18, 2020