Page 14 - Indian Economic Growth

Market seems to be ignoring a possible recession in FY21: Sampath Reddy

If the economic recovery continues to gather momentum and does better than expected, then stocks of capital goods companies may outperform.

Icra sharply revises forecast, expects economy to shrink by 9.5% in FY21

It has earlier estimated a 5% contraction; Q1 may have seen 25% fall

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

ADB sees Indian economy shrinking 4% in FY21 after growth call earlier

IMF remains only major outlier predicting growth for the economy, is likely to be on same page with others next week

At 4.6% of GDP, last year's fiscal deficit breached FRBM Act escape clause

The total revenue for FY20 was Rs 17.5 trillion, or 90.6 per cent of revised estimates of Rs 19.32 trillion, compared with 91.4 per cent for the same period last year.

Indian economy on course for full-year contraction: DBS Bank economist

The government on Saturday said a phased exit would begin on June 1 from the over-two-months-long nationwide lockdown

India's economic recovery likely to be 'U' shaped and not 'V': Analysts

The world over various countries are in different stages of opening up after going through a complete lockdown for 60-90 days.

Economists raise doubts over timing of economic revival after Covid-19

State Bank of India's chief economic advisor Soumya Kanti Ghosh said GDP for one quarter had been lost, amounting to Rs 40-50 trillion, due to the coronavirus crisis

Coronavirus-hit Indian economy to contract by 4% in FY21: ADB forecast

For the countries in developing Asia, ADB forecasts growth of 0.1 per cent for the region in 2020

Markets retesting March 2020 low is within the realms of possibility

As markets realise that it will take a long time for the economy to revive and things coming back to normal, they will drift lower.

Economy in safe hands; worry not, Mr Guha, says Nirmala Sitharaman

Gujarat Chief Minister Vijay Rupani also responded to Guha's tweet saying that Indians would not fall for "tricks" of dividing them

S&P doesn't do a Moody's: Retains India's sovereign rating and outlook

Now all three rating agencies, Moody's, Fitch and S&P have the lowest investment grade rating for India

'Treat citizens' wealth as national resource': Economists for tough steps in Covid-19 fight

Yogendra Yadav later clarified that the suggestion to treat all private assets as national resources had been wrongly interpreted as nationalisation of private property

Exports fall at fastest pace in 25 yrs in April due to coronavirus lockdown

Exports shrank by 60% in April as the monthwide lockdown restricted outflow of goods

Covid-19 to have deflationary impact due to demand evaporation: CEA

Last week, the government raised its market borrowing programme by a whopping 54 per cent of the Budget estimate to Rs 12 trillion for the current fiscal to fund a comprehensive stimulus package

Rs 20-trn package: Govt reduces EPF contribution for companies for 3 months

At present, 24 per cent of a worker's basic pay is deducted - with 12 per cent each counted as employer's and employee's share - towards the EPF savings

Former fin secy Hasmukh Adhia to head Gujarat economic revival panel

Committee will assess sectoral and sub-sectoral losses, may also go for fiscal restructuring post Covid-19

Rupee drops by 19p to 1-wk low against dollar on fiscal deficit concerns

Domestic stocks advanced in early trade which supported the rupee. The key indices Sensex and Nifty, however, closed marginally down due to sell-off in financial counters

Human nature to want to go home: Modi tells CMs in meeting

Chief ministers are likely to push for allowing economic activities to resume slowly, as the centre weighs a graded exit from the 54-day lockdown

India needs large fiscal stimulus in face of slowdown risk: Kaushik Basu

The Centre must give states the freedom to spend more, respecting India's federal structure, Basu said