Page 10 - India Economic Growth

PM Modi holds e-meeting with CMs, says economy showing green shoots

The experience of many states increases the confidence that India can move forward in this crisis of by limiting its losses and can handle its economy faster, PM Modi said

GDP likely to grow at 1.9% if lockdown is lifted in mid-May: India Ratings

Meanwhile, CRISIL has cut estimates of India's FY21 economic growth rate to 1.8% from earlier 3.5%

It is a great time to invest in stocks: Sampath Reddy, Bajaj Allianz Life

There's money to be made in every sector as by and large, each of them will rebound in the future

S&P lowers India's growth forecast to 5.2% for 2020 amid Covid-19 pandemic

S&P Global Ratings on Wednesday lowered India's economic growth forecast to 5.2 per cent for 2020, saying the global economy is entering a recession amid the coronavirus pandemic. The agency had earlier projected a growth rate of 5.7 per cent during the 2020 calendar. Asia-Pacific economic growth in 2020 will be more than halve to less than 3 per cent as the "global economy enters a recession", S&P said in a statement. An enormous first-quarter shock in China, shutdowns across the US and Europe, and local virus transmission guarantees a deep recession across Asia-Pacific, said Shaun Roache, chief Asia-Pacific economist at S&P Global Ratings. "We lower our forecasts for China, India, and Japan for 2020 to 2.9 per cent, 5.2 per cent and -1.2 per cent (from 4.8 per cent, 5.7 per cent, and -0.4 per cent previously)," S&P said. On Tuesday, Moody's Investors Service had lowered India's economic growth forecast for 2020 to 5.3 per cent (from 5.4 per cent), in the wake of the .

CBDT to link field officers' appraisals, postings with 'Vivad se Vishwas'

'Vivad se Vishwas' scheme for resolving income tax cases was announced during the 2020-21 Budget presentation by Finance Minister Nirmala Sitharaman

Hard path to growth: How the next 6 months look for India's economy

The signals for the economy are not positive: overall demand is yet to pick up; the share of total exports in India's GDP is declining, and industrial output pattern remains worrying

The 2020 vision

Without economic growth, Mr Modi will struggle to fulfil his agenda

India needs to shift its economic model

Well beyond Modinomics or Modipolitics, India seems to be facing a structural challenge of its economic model whose evidences can be seen every day on the ground in the countryside

India's growth to remain muted, likely to stay longer than expected: Report

India's economic growth is expected to remain subdued in near future as the slowdown has deepened and is likely to remain extended for a longer duration than previously anticipated, says a report. According to a Dun & Bradstreet report, a pick-up in the industrial production will only be gradual as investment remains subdued. Moreover, rural sector demand is likely to remain affected by the recent floods and lower agricultural output. Besides, most of the sectors from auto to real estate are under stress and this is reflected in the profit margins of the corporate and revenue collections of the government. "The conundrum of soaring domestic stock market indices in India, slowing growth, rising inflation, and elevated unemployment presents a complex challenge for policymakers to address. The slowdown has deepened and is now expected to remain extended than previously anticipated," said Arun Singh, Chief Economist Dun & Bradstreet India. He further said that to address the ...

India Inc is a pariah, feels govt dislikes criticism: Kiran Mazumdar Shaw

Shaw's remarks came a day after veteran industrialist Rahul Bajaj said the people were afraid to criticise the government.

Real interest rate dynamics: Who can help?

Economists focus on the real rate of interest to guage the impact on growth.

Turning disruption into growth

Concerted actions across all stakeholders could create a unified push for a thriving automotive industry

ADB cuts India's economic growth projection to 6.5% from 7% for FY20

Says a cut in corporation tax rate will boost private investments and global competitiveness

India's economic growth was negative more often before 1947 than after

The average growth in the 50 years leading to Independence was 0.06%

How fast is India growing?

With corporate earnings not meeting expectations and automobile sales plunging in July 2019, the story could get uglier

Party transactions and more: Sebi flags key issues plaguing India Inc

The second issue, which the market regulator pointed to be plaguing the industry, is non-disclosure of valuation reports and their adherence to transparency

Rupee liquidity and dollar borrowings

In the financial year 2018-19, FPI investors withdrew a net of $6 billion. By contrast, FPIs have brought in net investments of $5 billion in 2019-20 till July 25

India's growth record is a puzzle

The average in the NDA regime tells us little about how growth actually came about

Without income and gender equality, India can't achieve growth target

If India plans to double its economy to $5 trillion by 2022 and grow at 8% per year as he predicted, it will need to invest more in health and education

Underinvesting in health, education is now risking India's economic future

Human capital is a measure of the education and health levels in a population, expressed as the number of expected years lived between the age of 20 and 64