India's GDP growth for the fiscal year 2019-2020 was estimated at 5 per cent and is forecast to slow down to 4.8 per cent for the current fiscal 2020-21.
The policy boost by the government and the RBI will help the economy and the financial system immensely, says Manish Gunwani
"The potential slowdown of the economy will be determined by the duration of the lockdown, and the economic policy choices taken to ensure a safe recovery," said Tanvee Gupta Jain
Further, most firms (80 per cent) have claimed that their inventory was lying idle at present
Growth in South Asia will decelerate to 4.1 per cent in FY2021 and then recover to 6 per cent in FY2022, largely tracking the trend in the dominant Indian economy, according to ADB
While JP Morgan believes 'cash is king' given the uncertainty that lies ahead, selective buying from a long-term perspective can be done in defensive plays
Moody's said, at the 2020 estimated growth rate, a sharp fall in incomes in India is likely, further weighing on domestic demand and the pace of recovery in 2021.
Sub-optimal responses against viral pandemics and crony lending would keep resurfacing if voters do not hold govts accountable
India must grab some of the space vacated by China
The agency welcomed the Rs 1.70-trillion package announced by Finance Minister Nirmala Sitharaman
Crisil had earlier forecast the GDP printing in a 5.7 per cent expansion
Moody's Investors Service lowered India's GDP growth forecast, predicting the coronavirus will hurt the country's economy.
Moody's said oil price shock adds to growth and fiscal pressures for exposed sovereigns.
Here's a selection of Business Standard Opinion pieces for the day
The CSO releases as many as 6 estimates of India's annual economic output growth; believe it or not, these estimates for the same year's economic output are released over a period of three years!
Book review of All the Wrong Turns: Perspectives on the Indian Economy
For the housing sector, the authorities are aware of the strong linkages it has with the economy.
Over the last 12 months, MSCI India has remained flat, while MSCI EM has slid 1.5%
Majority of private bank stocks are down 10-33% YTD, indicating weaning conviction in the sector
The unemployment rate in February 2020, increased from 7.16% in January to 7.78% while GDP growth declined to 4.7% in Q3FY20. If that was not enough coronavirus is disrupting the supply chain now