Page 40 - Economic Growth

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.

Why globalisation is passe

Rising nationalism and a retreat from global alliances signal a restructuring of the geopolitical order

Foreign exchange reserves fall $5.35 billion; first drop in six months

The last time forex reserves declined was in the week to September 20, 2019, when it had fallen by USD 388 million to USD 428.58 billion

Coronavirus pandemic has already put global economy into recession: Poll

More than three-quarters of economists based in the America, and Europe polled this week

Govt performance shows strong leadership no guarantee for good economics

The data and the feel after six years under PM Modi prove a strong leader doesn't necessarily give us decisive economic leadership unmindful of immediate political risks

Retail market to reach $1.3-trn by 2025 helped by economic drivers: Study

The report noted that data and technology driven disruptions along with supply side innovations will shape the future of the retail landscape

Economic growth set to bounce back as slump bottoms out: Sanjeev Sanyal

Sanyal dismissed the conservative estimates and said his numbers took into account early signs of recovery in manufacturing and a pick-up in consumer demand