Fleeting economic improvements not sustainable: Motilal Oswal
The 9-year high PMI and several high-frequency indicators in September have raised hopes of a grand festive season.
Lockdowns have changed consumer buying behaviour; omni-channel strategy key to business growth: Report
As per the report, called 'REBOOT', wh...
India to see positive economic growth in second half of 2020-21: Niti Aayog VC
Niti Aayog Vice-Chairman Rajiv Kumar on Tuesday exuded confide...
Moody's says India's fiscal measures will have little impact on growth
Moodys put these measures at 0.2% of its real GDP forecast for fiscal 2020, ending March 2021 and said it highlights the government's limitations.
Indian economy set for a near double-digit contraction this fiscal
With over 7.6 million coronavirus infections, India is the second worst hit country in the world after the United States and the spread shows no signs of abating.
Broader, stronger economic revival in September: ICRA
“The recovery in GST e-way bills, electricity, petrol and diesel in September 2020 provides a meaningful signal of a broader economic revival,” said Aditi Nayar, principal economist at ICRA.
Bangladesh has not surpassed India on 'more appropriate' economic metric: Former CEA
Congress leader Rahul Gandhi had taken a dig at the government over IMF growth projections showing Bangladesh closing in on India in terms of per capita GDP this year and described it as a "solid achievement" of six years of the BJP's "hate-filled cultural nationalism".
Indicators point to economic recovery, but recouping may be fragile: Report
It estimated that the economy is likely to contract by 13.5 per cent in the second quarter (July-September), and the contraction in FY21 (April 2020 to March 2021) is likely to be around 9.5 per cent unless the government takes immediate initiative to revive the economy.
Indian economy to contract by 10.3% in 2020; may bounce back with 8.8% growth rate in 2021: IMF
The International Monetary Fund (IMF) on Tuesday slashed the growth forecast for India for the second time this year saying that the country...
Indian economy to contract by 10.3% in 2020; to bounce back with 8.8% growth in 2021: IMF
However, India is likely to bounce back with an impressive 8.8 per cent growth rate in 2021, thus regaining the position of the fastest growing emerging economy, surpassing China's projected growth rate of 8.2 per cent, the IMF said in its latest 'World Economic Outlook' report.
Indicators show that India will bounce back to high growth levels: Piyush Goyal
The minister was addressing representatives of Hindustan Chamber of Commerce. He also said that it is the collective effort of industry and the government that has helped in coming back to the recovery phase.
India's GDP 11 times more than Bangladesh in PPP terms: Government sources
In 2019, India's GDP in Purchasing Power Parity (PPP) terms was 11 times more than that of Bangladesh while population was eight times more. In PPP terms, India's per capita GDP in 2020 is estimated by IMF at USD 6,284 as compared to USD 5,139 for Bangladesh, according to the sources.
Bangladesh is about to beat India in regional per capita GDP sweepstakes
In per capita GDP terms, India was significantly above Bangladesh till a few years ago, but the gap has been substantially closed owing to the country's rapidly-rising exports. Besides, during the intervening period, while India's savings and investments remained lukewarm, the corresponding numbers for Bangladesh saw a sizeable surge.
Economic activity is slowing down after phase of quick recovery, Nomura data shows
The index has recorded a downtrend after a post-lockdown high of 82.3 in mid-September. The tracker was at 82.9 in the week ended March 22 before a drastic fall to 44.7 in April.
Worst is over, economic recovery faster than expected: Keki Mistry
Mistry said housing and real estate sector is the biggest employer in the economy after agriculture, and that 80 per cent of the workforce in the sector require minimal skills.