Dollar pokes higher as US soft data sours mood; China GDP in focus
Against a basket of currencies the dollar hovered around a one-month high of 90.887 hit in early trade and the mood also supported the safe-haven yen against other majors.
Q3 is slightly positive and Q4 will be highly positive: Ashima Goyal
If the recovery holds, we might be surprised and have a slightly lower c...
India Ratings revises FY21 GDP growth expectation to minus 7.8% from minus 11.8%
Ind-Ra now expects 3Q FY21 GDP growth to come in at negative...
Why Q2 GDP print should not make govt & RBI complacent
A strong revival of consumption demand is important for the Indian economy as it has ripple effect on other sectors. Consumption is often viewed as the driving force of India’s growth story.
Economists upgrade GDP forecasts after Q2 surprise
Nomura raised its FY21 growth estimate to an 8.2% contraction from a 10.8% decline seen earlier “to reflect the Q3 (Q2FY21) outturn and faster normalisation so far in Q4 (Q3FY21),” economists Sonal Varma and Aurodeep Nandi said in a note.
Q2 GDP shows surprising resilience: Is it good enough to last?
With improvement in manufacturing, due to lifting of lockdown measures GDP contraction has slowed down significantly. Agriculture sector continued to perform well with growth at 3.4 per cent.
India's economy rebounds at faster pace than expected in Q2 as GDP contraction slows to 7.5%
After two consecutive quarters of negative growth, the Indian economy is technically in recession for the first time. GDP in the June quarter’s recorded 23.9% contraction. It grew 4.4% in the September quarter last year.
Q2 GDP: Indian economy to continue on recovery mode, say experts, India Inc
CII Director General Chandrajit Banerjee said "the sharp rebound in the second quarter GDP print to -7.5 per cent as compared to the large unprecedented -23.5 per cent decline seen in the previous quarter will boost confidence that with the easing of lockdown restrictions over the past few months, there has been a discernible improvement in the economy."
Opinion: Q2 GDP numbers call for cautious optimism, but govt needs to do more, says Mythili Bhusnurmath
The second-quarter GDP numbers show that economy has contracted at a slower rate of 7.5% as opposed to a massive 23.9% first quarter scenari...
Positive GDP number not likely before next financial year
I am not confident that incrementally Q3 numbers will be proportionately better. A positive number can be expected only in the next financial year, says Siddhartha Sanyal
Expecting 7.9% contraction in GDP this quarter: Pranjul Bhandari
The festive and the pent up demand will fizzle out at some point, says HSBC chief economist
3 sectors where you can find dark horses as markets turn choppy
When mutual funds enter to buy, recovery will be more broad-based, says Sunil Subramaniam
Cycle is turning! Go for industrials, cement over next 2 months
The cycle is turning for industrial, material and cement stocks which will come back in vogue over the next couple of months, says Ajay Bagga.
Raghuram Rajan raises concerns on India's GDP growth data, says numbers should alarm us all
Terming the 23.9 per cent fall in the economic growth in June quarter alarming, former Reserve Bank Governor Raghuram Rajan has said bureauc...
What exactly to expect from today's GDP numbers
GDP forecasts for the June quarter range from contraction of 15 to 25.9 per cent, which is the worst performance since the country started reporting quarterly data in 1996, according to Bloomberg.