Page 41 - India Gdp Growth
GDP growth might hit the lowest since 1947, warns N R Narayan Murthy
He also pitched for developing a new system that should allow every player in every sector of the country's economy to operate at full steam with suitable precautions
 "GDP growth might hit the lowest since 1947, warns N R Narayan Murthy")
China's positive GDP growth rate may take a bite out of India's FPI flows
China's economy grew 3.2% in the second quarter, following a slump of 6.8% in the first, according to its National Bureau of Statistics
 "China's positive GDP growth rate may take a bite out of India's FPI flows")
Govt stands behind financial sector for India's growth, says PM Modi
Banks, NBFCs give lowdown on credit flow to PM; present ideas on financial inclusion, housing finance
 "Govt stands behind financial sector for India's growth, says PM Modi")
AI expected to boost India's annual growth by 1.3%, says NITI report
The draft paper titled 'Towards Responsible#AIForAll' saidthere is a potential of large scale adoption of AI in a variety of social sectors.
 "AI expected to boost India's annual growth by 1.3%, says NITI report")
India's business outlook worsening, RBI may cut rates again: Reuters poll
Economy likely to contract this quarter and next and in this fiscal year as a whole, according to poll of 60 economists.
 "India's business outlook worsening, RBI may cut rates again: Reuters poll")
V-shaped recovery in Q3, 4; negative GDP growth in FY21 overall: N K Singh
Singh said the economic expansion in 2022-23 would determine whether or not the initiatives to revive growth are sustainable
 "V-shaped recovery in Q3, 4; negative GDP growth in FY21 overall: N K Singh")
India to post current account surplus this fiscal, first since FY04: Report
After many quarters, the economy logged in a marginal current account surplus in June quarter at 0.1 per cent or $600 million as against a deficit of $4.6 billion or 0.7 per cent of GDP in FY19
 "India to post current account surplus this fiscal, first since FY04: Report")
Covid-19 crisis to bite India deeply, GDP to shrink 6% in FY21: DBS report
The yet to be stabilised infection curve reflects a deeper double-digit contraction in Q1 of FY21 and a shallower pickup in Q2 and a return to growth in Q3
 "Covid-19 crisis to bite India deeply, GDP to shrink 6% in FY21: DBS report")
Raghuram Rajan warns against 'unprecedented' rise in NPA levels in 6 months
Rajan cautioned that one should not mistake pent up consumption for normal consumption.
 "Raghuram Rajan warns against 'unprecedented' rise in NPA levels in 6 months")
India's FY21 GDP growth to be in negative territory at -4.5%: Ficci survey
The Covid-19 pandemic outbreak has severely impacted the economic activities
 "India's FY21 GDP growth to be in negative territory at -4.5%: Ficci survey")
Gold imports fall over 98% at $79.14 mn during Apr-May as Covid-19 bites
Imports of the yellow metal stood at $8.75 billion in the corresponding period of 2019-20.
 "Gold imports fall over 98% at $79.14 mn during Apr-May as Covid-19 bites")
Top headlines: States on GST compensation, Emami questions HUL & more
From states divided on alternative GST compensation, Emami questioning changing of 'Fair and Handsome' name to startups helping tenant amid Covid-19, here are the top headlines of the day
 "Top headlines: States on GST compensation, Emami questions HUL & more")
India's GDP likely to contract by 6.4% in FY21, says Care Ratings
The rating agency, in May, had projected a decline in GDP growth of 1.5-1.6 per cent in FY21.
Safe bet: Five reasons that will lead gold to all-time high price
Indian households supposedly hold 25,000 tonnes of gold valued at Rs.121.5 trillion, or almost 60 per cent of India's GDP.
 "Safe bet: Five reasons that will lead gold to all-time high price")
Govt, RBI measures have slowed down contraction in economy: NCAER
NCAER expects the economy to grow by 1.3 per cent in FY21 in case there are no supply side disruptions.
What pulled down India's GDP growth in Q4? Most indicators contracted
Barring coal production, and to an extent cargo handled at sea ports, most of the main indicators that went into calculation of GDP growth contracted in the fourth quarter
Covid-19 to dent India's FY21 per capita income by 5.4%: SBI report
Among states, Delhi, Chandigarh, and Gujarat will be the worst hit with PCI falling 15.4 per cent, 13.9 per cent and 11.6 per cent, respectively in FY21
 "Covid-19 to dent India's FY21 per capita income by 5.4%: SBI report")
Top headlines: Trump blocks H-1B visa; India may cap China FPI investments
From Donald Trump blocking H-1B visa for certain foreign workers, Moody's lowering India GDP forecast to Maruti launching new BS-VI S-Presso, here are top news of the day
 "Top headlines: Trump blocks H-1B visa; India may cap China FPI investments")
Unlock 1.0: Essential shopping rebounds fastest to pre-lockdown levels
The latest weekly figures show power generation is close to 2019 levels as industries gradually reopen.
 "Unlock 1.0: Essential shopping rebounds fastest to pre-lockdown levels")
Labour laws are not the reason hindering India's rapid industrialisation
Even in India, labour problem is low down on an entrepreneur's wish list. Corruption of labour inspector is quoted as a reason.
 "Labour laws are not the reason hindering India's rapid industrialisation")