Tag: Indian economy
17 Results
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BJP claims Indian economy is on a recovery path
The post-Covid economy is showing a strong recovery and all the indicators show that the economy is going for double-digit growth not only this year but also on a sustainable basis, over a period it will see a strong growth rate or higher single-digit growth - BJP headquarters
September 23, 2021 -
Economic Recovery
Agriculture was the only sector of the economy that withstood the vagaries of the Coronavirus scourge, growing by 3.4 per cent in FY 2020-21, when other sectors floundered, and the economy shrank by 7.2 per cent. Demand for tractors, agricultural implements, fertilisers etc kept the cash registers of many manufacturing concerns ringing
September 10, 2021 -
India on course for 9% GDP growth in FY22, 3rd wave still a concern
The agriculture sector has been pandemic resilient. Its output is 8 percent above the pre-pandemic level. A below-normal monsoon poses a risk to its growth in FY22.
September 1, 2021 -
AI adoption can add $90 bn to Indian economy by 2025: Report
IT services and technology sectors contribute to more than 60 per cent of the AI market, followed by BFSI, engineering and retail.
August 11, 2021 -
Indian economy to witness substantial slack in FY22
"Even with a 9.5 per cent GDP growth in 2021-22, there will be substantial slack in the economy and demand pressures may take some more time to become evident," it said.
July 16, 2021 -
GDP Data: Indian Economy Grows 1.6% in Q4; Contracts 7.3% in FY21
In 2020-21, the Indian economy contracted by 7.3 per cent against 4 per cent expansion in 2019-20, showing the economic impact of the COVID-19 pandemic.
June 1, 2021 -
‘Indian hospitality industry declined 39% in RevPAR during Q1 2021’
The pace of recovery started picking up due to increase in corporate travel, but it was short lived as the onset of second wave brought back travel restrictions and derailed the recovery.
May 20, 2021 -
India’s GDP may grow at 11% in FY22: ADB
It added that the economic growth in developing Asia is set to rebound to 7.3 per cent this year.
April 28, 2021 -
7 mantras to cope with volatile-complex digital world
"It is clear if you apply old world formulas to new world situations, your outcomes can only be sub-optimal,"
March 20, 2021 -
Fuel price rise impacts consumption in India
The consumption slowdown in February is lowest since September when it had begun becoming clear that worst is over and demand is picking up.
March 14, 2021 -
India’s FY22 double-digit growth target highly ambitious: EcoScope report
During the time of the pandemic, it is the government that has borrowed the maximum to provide stimulus to the economy in the absence of private corporate investment.
March 9, 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 -
Indian economy to rebound with 8.9% growth in FY22
India Ratings & Research said the NSO projections for GDP growth in FY21 mean that the size of the Indian economy is expected to shrink to Rs 134.40 lakh crore in FY21 as against Rs 145.66 lakh crore in FY20.
January 8, 2021 -
Budget to set course for economic pick up after COVID carnage
The pandemic bought a human and an economic catastrophe for India, with nearly 1.5 lakh deaths. Though the deaths per million are significantly lower than in Europe and the US, the economic impact had been much more severe.
January 1, 2021 -
SBI revises India’s growth forecast for FY21 to 7.4% in its latest Ecowrap report
The report said it will take almost seven-quarters from Q4 FY21 to reach the pre-pandemic level in nominal terms and there will be a permanent output loss of around 9 per cent of GDP.
December 16, 2020 -
India’s November retail inflation slips to 6.93%, food prices cool down
The Consumer Food Price Index, increased at a slower rate of 9.43 per cent in November from 11 per cent in October.
December 15, 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