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GDP projected to shrink 7.7% this fiscal: Advanced estimate
Nominal GDP, which is the base for revenue projections in the budget, is expected to contract by 4.2%. 2020-21 The Union Budget had projected nominal GDP growth of 10%.
Updated on Jan 08, 2021 12:38 AM IST
Hindustan Times, New Delhi | Roshan Kishore and Rajeev Jayaswal, New Delhi
Ind-Ra revises FY21 GDP contraction to 7.8% on easing pandemic headwinds
Accordingly, it expects 7.8% contraction in 2020-21 as against (-) 11.8% earlier, and GDP to grow by 9.6% in 2021-22, mainly due to the weak base of 2020-21, India Ratings chief economist Devendra Pant said in a report.
Published on Dec 24, 2020 03:03 PM IST
Mumbai | Press Trust of India | Posted by Nilavro Ghosh
Are we undercounting India’s women workers?
An HT analysis of per capita worker incomes and per capita incomes in China and India showed that India’s gap with China was much larger when it came to per capita incomes than per worker incomes.
Updated on Dec 18, 2020 08:27 AM IST
Hindustan Times, New Delhi | Roshan Kishore and Abhishek Jha
FY21 GDP to contract at 7.4% on better recovery: SBI report
Apart from Q3 FY21, the Q4 growth will also be in positive territory (at 1.7 per cent). However, all projections are conditional on the absence of another wave of infections, the report said.
Updated on Dec 16, 2020 03:34 PM IST
Mumbai | Press Trust of India | Posted by Shivani Kumar
India’s GDP could rebound to 7.9% in 2021, says OECD
India is expected to rebound to grow 7.9% in 2021 after recording a contraction of 9.9% this year (2020-21 in its case) and expand 4.8% in 2022.
Updated on Dec 02, 2020 05:57 AM IST
Hindustan Times, New Delhi | HT Correspondent
