Page 19 - Gross Domestic Product

Covid shock: India got its response right

The economic recovery thus far has vindicated the government's approach to minimising the impact of the pandemic

Towards Budget 2021-22

The budget-making exercise offers golden opportunities despite challenges

A no-action monetary policy buys time for growth

The job of breaking the back of inflation is left to the government's proactive supply management strategies, for now

After festive season boost, key economic indicators show declining signs

Railway freight was up last week after rail traffic resumed in the state of Punjab after a month-long shutdown due to the farmers' agitation against the new farm laws

A three-pronged strategy

Lay out a credible fiscal consolidation plan, reverse tax buoyancy decline, and boost non-tax revenues

India's 10-year growth one of the biggest laggards in Asia, EM peers

The data for East Asia & Pacific, excludes high income countries such as Japan, South Korea, Taiwan, Hong Kong, Australia, and New Zealand

Farms to factories and back

Usually, in the June quarter, the GDP shrinks by about 3-4 per cent compared to the previous quarter. This is because there is seasonality in the GDP series

State of the economy: Entering technical recession but recovering

The Covid-19 pandemic chipped away nearly one-sixth of India's real output in H1

Long road to recovery

Q2 numbers encouraging, but outlook is still fairly uncertain

Three Facts with AKB: Now, FY21 GDP contraction is nearly certain for India

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. >

Concern being replaced by optimism as economy shows signs of recovery

The improvements are expected to continue, with some analysts seeing the country returning to growth as soon as this quarter

Indian economy probably picked up in Q2 as hopes grow for vaccine: Poll

Economists in a Reuters poll forecast gross domestic product in Asia's third largest economy to shrink 8.8% in the September quarter

Top headlines: GDP to fall, everyday items may get expensive, more

Household appliances like washing machines, refrigerators, television sets and air conditioners will get expensive by at least 3-5%

Analysts revise Q2 GDP projections, are divided on sharpness on contraction

As Q2 will be the second quarter of economic contraction, India in all probability has entered a technical recession for the first time since quarterly GDP data began being compiled

Why states should find newer resources rather than cut back on spending

For states staying within the fiscal deficit targets is important, but not by cutting back on expenditure

A new global debt crisis

China's role as lender has complicated relief efforts

Prediction-addiction, despite being in a fog

We are usually wrong in our predictions about the economy and market, especially since we bring in our own biases to fill the vast gaps in our information. And yet, we cannot help but predict

India's public debt to GDP ratio may hit record high of 90% in 2020

This makes India most indebted major economy in the emerging markets after Brazil and Argentina and worse off than Bangladesh and Pakistan

India won't be the next China if it can't even out-export Bangladesh

A bigger danger is that instead of taking corrective action, politicians may double down on past mistakes and seek salvation in autarky

Don't bet just yet on Bangladesh as South Asia's economic champion

Bangladesh might overtake India this year by per capita income in nominal dollars, but it is not yet close to becoming South Asia's economic powerhouse anytime soon. T N Ninan explains why