Page 17 - Gdp Forecast

RBI admits GDP forecasts prior to coronavirus outbreak were off the mark

RBI failed to gauge a greater-than-anticipated contraction in gross-fixed capital formation and continuing weak activity, especially in the rural areas.

Contraction in Indian economy due to Covid-19 may be short-lived: UBS

"The potential slowdown of the economy will be determined by the duration of the lockdown, and the economic policy choices taken to ensure a safe recovery," said Tanvee Gupta Jain

Top headlines: World Bank's $1 bn aid for India as ADB cuts growth estimate

Business Standard brings to you the top headlines of the day

Covid-19 induced lock-down to dampen investment scenario: Study

Four out of the six parameters- investment rate, bank credit offtake, industrial production of capital goods and new investment projects are pointers to deteriorating investment scenario

Coronavirus impact: Moody's cuts India's growth forecast to 2.5% from 5.3%

This compares to 5 per cent growth in 2019

Coronavirus impact: GDP likely to fall to a three-decade low, say analysts

Total loss in output is estimated to be around Rs 6 trillion based on estimated GDP at current prices for FY20

Covid-19 crushing GDP growth, world moving towards recession: Fitch Ratings

Falling GDP in China is virtually unprecedented and, in the near term at least, these numbers look worse than most previous hypothetical 'hard-landing' scenarios

UN lowers India's GDP forecast but expects momentum to pick up in 2020

According to the United Nations World Economic Situation and Prospects (WESP) 2020, a growth rate of 2.5 per cent is possible in 2020

ADB scales down India's GDP growth forecast from 6.5% to 5.1% for FY20

The ADB said growth would pick up to 6.5 per cent in 2020-21 with "supportive" policies, but also said it would be lower than its earlier forecast of 7.2 per cent for the fiscal year

Growth takes a back seat: RBI sharply cuts GDP forecast to 5% from 6.1%

Says forces driving up inflation 'appear to be transient'

'Unprecedented', says Chidambaram on RBI's cut in FY20 GDP forecast to 5%

The RBI on Thursday kept repo rate unchanged at the current 5.15% level but revised GDP growth projection for the current financial year 2019-20 to 5%

A new low for growth

The picture is much worse than the 4.5% headline number

Nomura slashes India's FY20 GDP forecast to 4.9% from 5.7% earlier

While there have been a rash of growth estimate cuts, including a 0.70 percentage points reduction by the RBI last month to 6.1%, the Japanese brokerage's estimate is so far the lowest

World Bank says slowdown in India is severe, cuts GDP forecast to 6%

Growth is expected to gradually recover to 6.9 per cent in 2020-21 and to 7.2 per cent in the following year, it said

ADB paints gloomy picture; cuts India FY20 GDP growth forecast to 6.5%

Abrupt declines in manufacturing and investment reflect uncertainty ahead of general elections, subdued lending by banks and other financial institutions, ADB said.

Finance panel won't accept Centre's GDP forecasts, says N K Singh

The medium-term fiscal policy statement, tabled as part of the Union Budget 2019-20, forecasts nominal GDP for 2019-20 to grow 11 per cent year-on-year

India Ratings cuts FY20 GDP forecast to 6.7% from earlier estimate of 7.3%

It said the rising global trade tension will also have an adverse impact on exports

DBS cuts India's FY20 GDP forecast to 6.8% from 7% on weakening exports

'Growth headwinds swiftly turn attention to the likely policy response. We expect monetary policy to do much of the heavy lifting, given limited fiscal leeway'

DBS raises GDP forecast for FY19 to 7.4% on higher consumption, spending

In the January-March quarter, India's gross domestic product (GDP) grew at the fastest pace in seven quarters at 7.7%