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indian economoy
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Covid-19 may severely dent India’s growth prospects
By Asit Ranjan Mishra, Gopika Gopakumar, Shayan Ghosh
UPDATED ON APR 17, 2021 06:16 AM IST
Economists say the double-digit growth forecasts for this year no longer look certain.
Fiscal year 2020-21: A macroeconomic snapshot
UPDATED ON MAR 31, 2021 07:31 AM IST
While the Indian economy was losing growth momentum for several years before the pandemic, the exceptionally bad growth performance in 2020-21 is largely on account of the 68-day-long hard lockdown which was imposed on March 25, 2020
A taper tantrum around 2024 polls could be Modi govt’s biggest economic trial
UPDATED ON MAR 01, 2021 06:17 PM IST
While most of the economic analysis around the pandemic’s impact on the Indian economy has focused on domestic factors, there is merit in looking at the impact of a near-certain economic disruption to the Indian economy in the next few years
Centre, states need to work closely to boost economic growth: PM
PTI |
PUBLISHED ON FEB 20, 2021 01:59 PM IST
He said that the positive response to the Union Budget 2021-22 indicates that the country wants to move forward on the path of development at greater speed.
Government has failed to stimulate demand: P Chidambaram
PTI |
PUBLISHED ON FEB 11, 2021 02:58 PM IST
P Chidambaram claimed that the budget for 2021-22 has failed as even a small amount of cash transfer has not been given to the poor and the rations are not being continued with.
Four charts on the state of the Indian economy
UPDATED ON FEB 08, 2021 04:38 AM IST
- While the MPC has projected real GDP growth at 10.5% in 2021-22, the Budget assumes nominal growth of 14.4%. What exactly is the state of the Indian economy?
RBI says economy is moving in only one direction: Up
PUBLISHED ON FEB 06, 2021 12:18 AM IST
While the formal sector of the economy seems to be on a strong recovery path, consumer sentiment, as seen in RBI’s Consumer Confidence Survey, has not shown a concomitant recovery, although it has shown sequential improvement over the past two rounds conducted in November 2020 and January 2021.
FM tables Economic Survey 2020-21 in Lok Sabha
PTI |
PUBLISHED ON JAN 29, 2021 02:18 PM IST
The economy, which was battered by the coronavirus lockdown, is expected to see a strong recovery in the 2021-22 fiscal year.
India needs bold policy response to secure robust economic recovery, says IMF
PTI |
PUBLISHED ON JAN 28, 2021 06:52 PM IST
The upward revision for FY21/22 to double-digit growth reflects carryover from a stronger-than-expected recovery in 2020.
India within striking distance of attaining positive growth, says RBI
PTI |
PUBLISHED ON JAN 21, 2021 08:25 PM IST
The economy contracted by a massive 23.9 per cent in the first quarter and 7.5 per cent in the second quarter on account of the Covid-19 pandemic.
Indian economy may contract by 25 per cent in current fiscal: Expert
PTI |
PUBLISHED ON JAN 17, 2021 02:25 PM IST
The Reserve Bank of India (RBI) has projected the Indian economy to contract 7.5 per cent in the current financial year, while the National Statistical Office (NSO) estimates a contraction of 7.7 per cent.
India’s trade deficit at 25-month high in Dec
Livemint | By HT Correspondent
UPDATED ON JAN 16, 2021 04:33 AM IST
India’s merchandise trade had been weakening even before the pandemic hit the economy and external demand. Since March 2020, both exports and imports started declining in high double digits, even temporarily leading to a trade surplus in June for the first time in 18 years.
Govt considering series of measures to boost economy
Hindustan Times | By Rajeev Jayaswal
UPDATED ON SEP 11, 2020 03:13 AM IST
Various expert groups in the government are working on specific fiscal incentives and policy reforms that are expected to take effect from the third quarter (October-December) of the current financial year to accelerate growth, the people added, asking not to be identified.