Other indicators too weighed down by surge in Covid-19 cases
S&P Global Ratings estimates $210 million in lost output daily in India due to second Covid wave over April-June in a severe scenario model.
Swiss brokerage UBS on Tuesday said lockdowns will impact the first quarter GDP to some extent.
MUMBAI (Reuters) - An ongoing second wave of COVID-19 infections in India could hurt its near-term economic recovery and possibly diminish growth for the full year, S&P Global Ratings said on Tuesday.
There should be an orderly evolution of the yields, says Shaktikanta Das
Indian markets among worst performers globally to why NITI Aayog's Kant thinks privatising small PSUs first is not a good idea-here are top headlines this evening
India needs to grow at10.5-11 per cent in real terms in the next fiscal and sustain that to overcome massive ill-effects of the Covid-19 pandemic, Kumar said
India's economy, estimated to contract by 6.9 per cent in 2020 due to the coronavirus pandemic, is forecast to record a "stronger recovery" in 2021 and grow by 5 per cent, according to a UN report
The Indian economy seems to be moving on the path of faster recovery
The government will spend on building infrastructure rather than boosting consumer demand artificially, Sanyal said
India's economy is on an 'upswing', Panagariya said
The federal fiscal deficit in the 10 months to end-January stood at 12.34 trillion rupees ($167 billion)
Moody's on Thursday upped India's growth projection for the next financial year beginning April 1
Headline inflation has stayed above 6% for the past two quarters
Fiscal expansion, as suggested by the Economic Survey, will be funded by disinvestments, borrowing and both direct and indirect tax receipts, he says
More than one-third of chief marketing officers (CMOs) are hopeful of V-shaped recovery of their industries, the report said
Growth will enter positive zone in the third quarter of the current financial year, said an article on the 'state of economy' in the RBI Bulletin
India's GDP growth is likely to turn positive at 0.1 per cent in the October-December quarter, economic think-tank NCAER said
RBI's central board reviewed the current economic situation in the backdrop of global and domestic challenges
The Reserve Bank of India kept key interest rates steady as widely expected amid persistently high inflation, and after a better-than-expected reading on economic growth