India's economy contracted by nearly a fourth in the June quarter as a result of the lockdowns during the early days of the pandemic
In the past six months, Nifty has gained 52 per cent in rupee terms and 58 per cent in dollar value - making India one of the best-performing markets globally
India had announced a Rs 20-trillion stimulus package for vulnerable sections of society and small businesses
Ensure price support for agriculture, subsidise wage costs of MSMEs and accelerate public construction activities
Panagariya further said the country lost nearly $125 billion in the April-June period due to the Covid-19 pandemic
On economic recovery, Mehta said the key issue is determining the appropriate level of interest rate to spur growth
Modi said India has attracted $20 billion worth of foreign investment between April and July this year which the government didn't fail to celebrate. But does it represent the reality?
People may have got sicker and poorer under him, but his appeal remains untarnished. How is that possible?
Irrespective of whether it is sequential or year-on-year, the inference remains the same; South Africa's 50% contraction is "annualised" and is incomparable to India's 24% fall
This will be the first time in four decades that the Indian economic growth will contract
High-frequency indicators show signs of gains amid talk of second wave
It assessed that impact of the rising Covid-19 cases on private spending and investment will be for a longer period than what was expected earlier
Rains do swivel between normal, deficient and excess across years, but good rains in times of severe contraction in the economy are a big relief
Markets have run ahead of fundamentals, but this has been a broad global trend, says Venugopal Garre
Attributes it to Covid-19 cases and lack of stimulus from govt
Impact on wages to severely dent consumption and decelerate recovery, says India Ratings
Global rating and research houses, such as Fitch and Goldman Sachs, have cut their estimates for growth in India's GDP for the current fiscal 2020-21.
Downward revision follows a sharp contraction in the economy in the April-June period, when GDP came in at a negative 23.9 per cent YoY, the worst show in nearly four decades
The downward revision in India's forecast for FY21 comes on the heels of a sharp contraction in Indian economy in the April - June 2020 period, when the GDP came in at a negative to 23.9 per cent year
Impact on the economy would be heavier than estimated