Page 39 - Economic Growth

Long road ahead

Economy still far from sustainable recovery path

Q4 GDP figures overstated? Economists raise doubts over quality of data

Data released on November 29, 2019 showed that GDP grew 5 per cent in the first quarter and 4.5 per cent in the second quarter of FY20

Fitch revises India's rating: A third view which is different yet again?

Fitch has used the pandemic impact to comment on lower growth for India, which can be -5 per cent this year due to the lockdown and its effects

Weekly economic indicators show slow but steady signs of recovery

Internet speeds are now higher than before the lockdown

As farm sector gains importance, HDFC Bank reworks strategy for rural areas

The State Bank of India has also created a separate business vertical to focus on financial inclusion and micro-markets (FI&MM) in semi-urban and rural areas

Blueprint for a more healthy economy

What we need is a map - an economic blueprint - that will address the need for domestic growth and put in place measures that will make India attractive for foreign investment.

India must shed its protectionist attitude: Ex-CEA Arvind Subramanian

If we turn protectionist, I don't know how can we be an exporting power. Self-sufficient exporting powerhouse is an oxymoron," he said.

Will set global example for economic revival: PM Modi in letter to nation

Notwithstanding the severe criticism of the package for failing to put money into people's pockets, Modi said the Rs 20-trillion package would usher in a new era of opportunities for every Indian

Q4 GDP data released today: Key things to note

India's gross domestic product for the fourth quarter of the financial year 2020 grew at 3.1 per cent, its slowest pace in at least two years

India GDP growth slows to 3.1% in Q4, stands at 11-year low of 4.2% in FY20

The second Advance Estimates, released on February 28, had projected the FY20 growth rate at 5 per cent

India's economy may have grown at slowest in 2 years during March quarter

The full impact of the lockdown on manufacturing and services will become more apparent in the June quarter, with Goldman Sachs predicting a 45% contraction from a year ago

A lot more needs to be done

While the measures over the last two days focus on some of the structural changes, the economy is now looking forward to steps that would lead to an increase in demand

Coronavirus crisis: Lockdown batters India's already slowing economy

Some of the leading indicators only tell the magnitude of its impact

Policy measures may not offset Covid-19 economic damage in APAC: Moody's

Though Asia's external & fiscal buffers are generally more robust than those in other regions, equipping governments with more policy space, their policy responses will only cushion some of the impact

Calibrating exit and stimulus is our best bet

There is a view that an extension is not warranted. It suffices to lock down areas with incidence of coronavirus

Corona complexity

Set economic growth aside, intensify redistribution

Can we stop the clock?

To minimise economic damage during the lockdown, focus on cash flows, promise of growth

Economic dislocation

FY21 will be a difficult year for all stakeholders

Indian economy can contract 2.6%; US over 11% in worst case in 2020: Nomura

Rising unemployment, loss of income and disenchantment against the draconian measures may even lead to social unrest

FPIs pull out over Rs 1 trillion in March over coronavirus scare

This is also the highest withdrawal ever since the FPI data was made available on National Securities Depository Ltd.