Page 257 - Indian Economy

India's Q4 GDP number: Pick-up in volumes underpinned improved growth

Overall, GDP and GVA contracted by 7.3 per cent and 6.2 per cent, respectively, in FY21, in line with our forecasts (-7.3 per cent and -6.3 per cent, respectively)

Demand pushes up construction and manufacturing sectors in Q4FY21: Experts

However, the growth is largely driven by pent-up demand and holds ominous signs for the current quarter as the second wave is seen to have affected that very part of the economy

Second Covid-19 wave: OECD cuts India growth forecast to 9.9% for FY22

OECD said while India is projected to be the fastest-growing G20 economy in 2021, it will also be the one which is the furthest away from its pre-crisis GDP trend

Food, fertiliser bills push govt subsidy up three times in FY21

The government spent Rs 5.3 trillion in food subsidies during the pandemic-hit last year--over five-fold increase over 2019-20 when it spent Rs 1.08 trillion

The next three years

It is possible to imagine a different future for India

How to open up?

To know where to go, we must know where we are; a nation-wide seroprevalence study may cost one-hundredth of the GDP it can help save

Choked off momentum

Faster vaccination a must for durable economic rebound

Covid-19: Apex body of amusement park industry writes to PM, seeks help

In India, there are about 150 amusement/water parks and about 1,000 indoor amusement centres.

GDP growth springs a positive surprise: Four implications for FY22

The positives apart, it is clear consumption can't rebound meaningfully without large-scale vaccination; the good news is the rate is likely to improve steadily in the coming months

Q4 GDP numbers: Carving FY22 recovery amidst Covid setbacks

Indeed, while FY21 GDP reinforces the sharp slowdown in growth in a pandemic year, it also offers a low base for a mechanical bounce in FY22 recovery

GDP growth number: A pleasant surprise, but will it help in FY22?

With the second wave leading to a close down of services, in particular, progress will remain retarded

Eight core sectors' output grows 56% in April on low base effect

In March this year, the eight sectors had recorded a growth rate of 11.4 per cent.

India's fiscal deficit at 9.3% of GDP in 2020-21: Govt data

Unveiling the revenue-expenditure data of the Union government for 2020-21, the Controller General of Accounts (CGA) on Monday said that the revenue deficit at the end of the fiscal was 7.42 per cent

India economy seen growing at world's quickest rate despite Covid outbreak

The economy is on track to grow 10% in the year that began April 1, according to the median of 12 estimates compiled by Bloomberg News

India's economy likely accelerated in Jan-Mar, before Covid-19 wave: Poll

But the second wave of infections and deaths across the world's second-hardest hit country has caused forecasters to trim their projections for the coming months

Best of BS Opinion: Distant thunder in world economy, rocket rupee & more

Here are the best of Business Standard's opinion pieces for Monday

RBI's status quo policy may revolve around Covid-19 pandemic measures

RBI's forecast for growth is 10.5% for the current fiscal year. Most analysts expect the RBI to lower it in the June 4 monetary policy announcement

Suppliers may be fined 10% if they fail to meet local content needs

DPIIT is considering changes in the current procurement norms to further increase the minimum local content requirement in public procurement tenders

The rocket rupee

It does feel like we are close to the end of the rupee's rally, says Jamal Mecklai

Distant thunder in the world economy

We're in the happy period of global economy coming back to life, but we need to watch carefully the US inflation situation