At current prices, GDP was down 20.6 per cent, doing better than India Inc
If annual expenditure is kept unchanged from the budgeted Rs 30 trillion, a worst-case scenario can push Centre's fiscal deficit to 8.1 per cent of GDP
Noting that the lockdown has put a brake on the economy, the paper suggested that the need to kick start the economy and move it forward has become urgent
Ministry asserts India is on V-shape recovery path from Q2 onwards; says GDP plummeted most because of severest lockdown measures taken against pandemic
According to Bloomberg data, China's m-cap stood at just $407 billion in May 2006 - 45 per cent below India's m-cap of $745 billion
The IMF chief in a tweet showed India's internationally comparable quarter-on-quarter GDP shrank the most among G-20 countries at 25.6%
Prescribe demand booster dose from govt, but many say that's unlikely to come
E-way bills, after showing an uptrend since April, stagnated in August
Congress leader Priyanka Gandhi Vadra on Tuesday attacked the Centre and said that her brother and former party president Rahul Gandhi had predicted about the "economic tsunami" six months ago.
The two growth engines, consumer spending and investments contract massively as govt-led spending lifts GDP from falling further. On supply side, only agriculture shows growth, industry contracts 40%
Indian GDP will de-grow in both Q2 FY2021 and Q3 FY2021 but pace of contraction may narrow, writes Aditi Nayar.
Construction sector fell a staggering 50.3 per cent, while manufacturing sector contracted by 39.3 per cent, at constant prices
GVA at current prices at 5.7%, down from 8.6% YoY
He said indicators like rail freight traffic and electricity consumption are pointing to a recovery in economic activity
India's GDP shrank steeply by 23.9 per cent in the April-June period as the coronavirus lockdowns battered an already slowing economy
The only sector to show growth is agriculture, while the government sector disappointed with public admin de-growing by 10.3 per cent
As many as 13 out of 18 indicators analysed by Business Standard showed a contraction in Apr-Jun, ranging from services exports at a 10% clip, to domestic air travel with more than 90% fall
Short-term as well as medium-term prospects (for Indian economy) continue to be grim, says D Subbarao
At the lower end of the estimate band is India Ratings' 13.6% and at the upper, Pronab Sen predicts a maximum shrink of 35%
An analysis of seven major economies, including India seems to suggest that all, save China, are struggling to turn around