Page 47 - Latest Updates on New GDP series

2020-21 darkest year in four decades: Chidambaram on economy, growth

Congress leader P Chidambaram said that most Indians are poorer than they were two years ago with most economic indicators being worse for the period. He said that 2020-21 has been "the darkest year of the economy in four decades". Watch the video for his statement on economy.

Top Headlines: CBSE Class 12 Board cancelled, Maruti's sales take 71% hit

Our top headlines Wednesday track the Indian economy

Top Headlines: GDP shrinks by 7.3%, fiscal deficit drops below target

GDP shrinks by 7.3 percent in FY 2020-21, Carlyle Group to acquire a controlling stake of over 50 per cent in PNB Housing Finance. Top news this morning.

Investment activity hits historic low in FY21 amid Covid-19 pandemic

This is because of the lockdown in Q1; sharp pick-up in Q4 may not sustain, say experts

Don't overpay for a stock on growth hopes, go for a value fund: Experts

Investors should diversify into value funds, where managers look for margin of safety

The bounce-back in construction buoyed the growth numbers, shows data

Gross fixed capital formation (investment) hit an all-time high of Rs 13.4 trillion in the fourth quarter of 2020-21

Choked off momentum

Faster vaccination a must for durable economic rebound

Q4 GDP numbers: Carving FY22 recovery amidst Covid setbacks

Indeed, while FY21 GDP reinforces the sharp slowdown in growth in a pandemic year, it also offers a low base for a mechanical bounce in FY22 recovery

OECD sees 5.8% global GDP growth in 2021 on vaccine rollouts, US stimulus

The OECD said central banks in advanced economies should keep financial conditions relaxed and tolerate inflation overshooting their targets.

Corporate profit to GDP ratio hits 10-year high of 2.63% in FY21

India Inc's combined net profit was up 57.6% to Rs 5.31 trillion in FY21

A no-action policy with focus on growth

'Unwinding' is unlikely to happen before the third quarter of this year even if we don't mess up in tackling a possible third wave of Covid; rate hike may have to wait for next year

Pakistan govt sets 4.8% GDP growth target for next financial year

Pakistan has also revised down its GDP data for the financial year that ended last June to show a contraction of 0.47 per cent from one of 0.38 per cent

RBI says economic cost of second Covid-19 wave may be limited to Q1

Government must now step up expenditure to boost demand for private investment and consumption, said RBI

The coming long spell of demand drought

Looks like India's demand curve has shifted downwards for a couple of years at least, writes Shailesh Dobhal

Icra pegs Q4 GDP growth at 2%; projects 7.3% contraction in FY21

Domestic ratings agency Icra on Monday forecast a 2 per cent GDP growth in the fourth quarter of 2020-21, and a 7.3 per cent contraction for the full fiscal year

India Inc's profit-to-GDP at 4-year high of 2.6% in FY21 despite pandemic

ICICI Securities says impact of GDP weakness felt more by unorganised sector

Govt's fiscal deficit likely to be around 9% in FY21, say experts

Data to be released by month-end; FY22 gap may widen to 7.15% against BE of 6.8%, say experts

Govt's worry on corporation tax revenue front may worsen in coming years

Concern over a falling share of corporation tax revenue may get worse

Sovereign rating risk

Govt must take steps to avoid a downgrade

Best of BS Opinion: Economic outlook, rationalising regulation, and more

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