Currently, the country is the fifth largest economy in the world behind Germany
Covid-19 to push back this feat by three years. BofA had earlier projected this in 2017 and had expected the Indian economy to achieve this status by 2028
Subramanian on Saturday has said that the country requires growth at this juncture
GDP is likely to touch the pre-pandemic level only by the second quarter of fiscal year 2022
The report sees the GDP growth to be in positive territory in the second half of 2020-21
If growth sustains in March, GDP may expand in Q4, contrary to official forecast
GDP is implicitly projected by NSO to slip back into contraction of 1.1% in Q4FY21. This appears to be an outcome of the back-ended release in the Govt's subsidies that is on the anvil in Q4
Congress'' chief spokesperson Randeep Surjewala said the third quarter GDP data proves yet again that fault lines in the Indian economy are more visible than ever before
Real GDP or GDP at Constant Prices (2011-12) in the year 2020-21 is likely to attain a level of Rs 134.09 trillion
Business Standard brings you top news of the evening
The economy contracted at an unprecedented 23.9 per cent in the first quarter (Q1) of FY21 and 7.5 per cent in Q2
Official data on Friday is likely to show that India exited a recession in the final three months of 2020, with economists in a Bloomberg survey forecasting a GDP expansion of 0.5% from a year ago
However, the wide range of forecasts in the latest poll - from a contraction of 4.7% to a 2.6% expansion - underscores the uncertainty.
The government will release the GDP numbers for the October-December quarter of the current fiscal on Friday
India is set to clear 45 investment proposals from China as border tensions ease; HSBC ups India's FY22 GDP forecast to 11.2%
The GDP numbers for the third quarter are expected to be released next week.
India's GDP is set to revert to the growth territory in the October-December 2020 period compared to the year-ago period, the ratings agency said
Imports also grow for second month, signifying domestic demand recovery
Economic activity is on the 'verge of normality' after getting severely hit by Covid-19, a Japanese brokerage said
The Centre's move in 2019 to cut base corporate tax from 30 per cent to 22 per cent, too, will lead to an improvement in the profit-to-GDP ratio