Business Standard presents two scenarios on revenues, expenditure and fiscal deficit, based on two different assumptions of the country's GDP the next financial year
Past Budgets presented after a GDP decline had no exciting proposals
Policymakers must focus on medium-term growth risks
AJAY BHUSHAN PANDEY says litigants in more than 96,000 appeals - involving disputed amounts of Rs 83,000 crore - have opted for the Vivad Se Vishwas scheme, which has been extended by a month
Here's a selection of Business Standard opinion pieces for the day
Within services, financial, real estate and professional services are expected to perform well
The government's First Advance Estimate suggests the worst performance ever for the Indian economy in the wake of the slowdown caused by the coronavirus pandemic
In its Global Economic Prospects report, the World Bank said that the informal sector, which accounts for four-fifths of employment, has been subject to severe income losses during the Covid-19 crisis
Achieving a vaccine roll-out on a scale that social-distancing norms can be dispensed with can't be expected for most of 2021
Navy's capabilities are not in sync with the country's desired maritime profile
Here's a selection of Business Standard opinion pieces for the day
The economy floundered, manufacturing contracted and job losses mounted across sectors and skill levels. The urban work force was hit the hardest.
Having gone through a rough patch on account of the coronavirus pandemic, the Indian economy is expected to record a double-digit growth at 10 per cent in 2021-22, according to a report.
Governor Das has to take a call soon on unwinding stimulus
Nomura has turned positive on India's cyclical outlook for 2021, and believes the country is on the cusp of a cyclical recovery
Even if India continues to be in a technical recession, a drop in the rate of GDP contraction signals a revival for the economy after a major plunge in the wake of the coronavirus pandemic
While the country is now technically in a recession with two successive quarters of negative growth, it should not be worrisome as this is the case across the globe with China being the only exception
Current year will continue with a drop of 7-7.5% which is lower than the earlier anticipated 10%
The rate of India’s GDP contraction in the July-September quarter of 2020-21 has come down to a respectable 7.5 per cent, after an unprecedented 24 per cent contraction in the previous quarter. While this is a positive sign, reflecting the onset of an economic revival, it’s not all good news. The bad news is that now it is almost impossible for the country to register a growth in GDP this financial year. In order to avoid a negative growth in full 2020-21, India will need to register a real GDP growth of over 15 per cent in each of the two remaining quarters. That may just not be possible in the present economic scenario. >
In order to avoid a negative growth in full FY21, India will need to see real GDP growth of over 15% in each of the two remaining quarters. That may not be possible in the present economic scenario