Page 19 - Gross Domestic Product

Increasing fiscal constraints

Govt must focus on mobilising more revenues

India's GDP growth rate for 2019-20 revised downwards to 4% from 4.2%

Under the first revision released in January 2020, real GDP or GDP at constant (2011-12) prices for 2018-19 was pegged at Rs 139.81 trillion, showing a growth of 6.1 per cent

Investment in upskilling can boost global GDP by $6.5 trn by 2030: Report

Investment in upskilling could boost global GDP by $6.5 trn by 2030, including by $570 bn (over Rs 40 trn) in India alone -- the third highest after China and the US, a WEF report said

The bottleneck of govt contracting

The path to progress lies in first building a mature research process and developing a community of practice

Covid-19 cess, higher spending: Brokerages' expectation from Budget 2021

Growth and not fiscal prudence, experts say, should be the priority for the government now

India's m-cap to GDP ratio crosses 100% for first time in over a decade

BSE-listed companies' market capitalisation reached Rs 197.7 trillion on Thursday, against India's nominal GDP of Rs 190 trillion during 12 months ended December 2020

Banking: Yesterday, today and tomorrow

With the customer spoilt for choice, the option for the banking industry in the new decade is between going digital or dying

Sensex ends at fresh closing peak of 48,782, up 689 pts; Nifty at 14,347

Tata Consultancy Services (TCS) hit a record high of Rs 3,127.55 apiece in the intra-day trade and closed 3 per cent higher ahead of the announcement of Q3FY21 results

India's GDP may contract 7.7% in FY21: First advance estimates

Biggest contraction since 1952; investments may decline by 14.5%

Budget Byte: Need to spend more on healthcare to manage shortcomings

Spending on health is improving gradually in India, even though it has not grown substantially from its level of 1% of GDP

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. >