Data due Aug. 31 will likely show GDP declined 19.2% in the quarter to June from a year ago
Economists are bracing for possible big swings in the quarterly gross domestic product data scheduled for release on Aug 31, and significant revisions going forward
Except for a gap of about 200 years, India has been a large contributor to global output, Panagriya wrote in his book India Unlimited: Reclaiming the Lost Glory
Between 2014-15 and October 31, 2019, over 460,000 SHGs have been formed under the scheme; 461,994 beneficiaries have been assisted in setting up micro-enterprises for self-employment
The govt should have a wider discussion on the way forward
Like almost everywhere else, the ability of assets to earn returns in industries ranging from airlines, hotels and commercial real estate - from large firms to their small vendors - has been impaired
EU institutions have started talks on the implementation of a massive recovery package linked to the bloc's next seven-year budget that was agreed during a summit meeting this month
The net subscriber base of the employee provident fund, broadly taken as indicator of formalisation of the economy, stood at 318,789, three times the number in April
The eligible candidates are required to submit their applications for the post with the ministry by August 17, as per a notice issued by MOSPI on July 17
Economic historians will judge him by this, just as they judge P Chidambaram by his bold cuts in income tax rates in 1997 and Manmohan Singh by his 1991 reforms
On a year-on-year basis, demand for diesel registered its fourth straight decline in June at 15.4%
RAI said there has been no significant growth in business for retailers even during the second half of June
Attention is turning to India's post-pandemic potential growth, which could fall to a two-decade low
Indian National Trade Union Congress (INTUC) president Dr G Sanjeeva Reddy stressed on the need to consider workers as social partners
Economy still far from sustainable recovery path
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 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
Internet speeds are now higher than before the lockdown
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
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.