Page 45 - Latest Updates on New GDP series

Economists project GDP growth at 14%-23% in Q1FY22

The growth was projected on a low base of 24.4 per cent contraction in the gross domestic product in Q4 of the previous financial year.

Public finance of states to improve in FY22 over earlier projections: IndRa

Expects higher gross domestic product at current prices and revenues in the current financial year than projected earlier, despite impact of the second wave of Covid-19

GDP growth likely touched record in April-June, riding on weak base: Poll

Reuters poll of 41 economists confirmed gross home product rose 20.0% in the three-month interval, in contrast with a record contraction of 24.4% in the identical quarter a year earlier

Statsguru: FDI to literacy, 6 charts explain Afghanistan's economic woes

The country's gross domestic product (GDP) was lower in 2020 than in 2013

Afghanistan GDP may slump 20%, currency may slide further: Fitch Solutions

"It is likely that the economy will contract sharply this year," Anwita Basu, head of Asia Country Risk at Fitch Solutions

Inflation has peaked and is likely to stabilise going forward: RBI

For a one percentage point reduction in inflation, 1.5-2 percentage points of GDP have to be foregone

India's GDP likely to grow 13-23% in first quarter, say economists

The IIP was up 45 per cent in the first quarter due to the 134.63 per cent rise in April owing to a low base

Japan's economy rebounds in second quarter, Covid-19 clouds outlook

Many analysts expect growth to remain modest in the current quarter as state of emergency curbs re-imposed to combat a spike in infections weigh on household spending

India's economic recovery 'delayed' not 'derailed': L&T chief A M Naik

Says given the scale of India's infra deficit, the company is optimistic about govt's intent to complete projects as envisaged in the National Infrastructure Pipeline

India's inflation could go past RBI target rest of 2021, say report

Forecasts for gross domestic product were raised to a 9.2% expansion in the fiscal year ending March 2022, from the previous 9%, while the gross value added outlook edged down slightly to 9%.

Ease vs cost of doing business in India

Business index rankings have become a substitute for addressing the fundamental constraints faced by entrepreneurs

GDP to grow in double digits in the first quarter, says ICRA report

The Indian economy will grow in double digits for the April-June period on the low base of 2020-21 but will still be short of the levels observed in the first quarter of FY20, it said.

S&P affirms India's sovereign rating at 'BBB-', keeps outlook stable

But says country's fiscal settings are weak, and deficits will remain elevated ahead even as the government undertakes some consolidation

Best of BS Opinion: US mkt exceptionalism, fall in urban male jobs & more

Here are the best of Business Standard's opinion pieces for Tuesday

Household debt jumps to 37.3% of GDP in fiscal 2021, says report

Household debt has been steadily increasing ever since the GST implementation in July 2017

Mapping recovery

India needs a new medium-term economic road map

Estimation error?: Government estimates go awry when growth trends down

Historical analysis shows that the government tends to underestimate the growth in agriculture every year; as growth has slipped in the last few years, it has fallen prey to overestimation errors

Best of BS Opinion: Some stability returns, view from the edge & more

Here are the best of Business Standard's opinion pieces for Friday

View from the edge

The Union government is so fiscally ineffective that it can only spend an incremental 0.4 per cent of GDP on healthcare in a pandemic, against a global average of 1.2 per cent, writes Rathin Roy

The post-Covid economy

There is a strong case for the government to shift its attention from the economy to public service management