Page 20 - Gross Domestic Product

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

Best of BS Opinion: Tanishq ad row, Bangladesh's per capita GDP, and more

Here's a selection of Business Standard opinion pieces for the day

Falling behind

India should learn from Bangladesh's resilience and growth

'Solid achievement' of BJP's hate-filled cultural nationalism: Rahul Gandhi

Rahul Gandhi took a dig at the government over IMF growth projections showing Bangladesh closing in on India in terms of per capita GDP this year

Singapore GDP shrinks 7% in third quarter, more than forecasts

Singapore's economy contracted slightly more than expected in the third quarter from a year earlier, preliminary data showed on Wednesday.

After the storm: Taking stock of the economic scars of the pandemic

Now that the steep decline in economic activity is behind us, it is time to assess what parts of the economy have the worst scars

UK GDP collapsed nearly 20% in second quarter in historic Covid hit

Gross domestic product shrank by 19.8 per cent in the three months to June

Location data, goods moved: More weekly indicators on economy turn positive

Power generation numbers and Delhi emissions, too show economy may be turning the corner

Committed to raise health expenditure to 2.5% of GDP: Harsh Vardhan

Harsh Vardhan reiterated the the Narendra Modi government's commitment to increase the expenditure on public health to 2.5 per cent of India's gross domestic product (GDP) by 2025.

Temporary retention, not diversion: FinMin sources on CAG audit of GST cess

Time taken in reconciliation of compensation receipts can't be termed as diversion of GST cess fund when the dues to states were fully released by the central government, they said