-
Last week, the Reserve Bank of India (RBI) had projected real GDP growth at 9.5 per cent in 2021-22.
-
The association also stressed upon the need for immediate and appropriate measures by authorities to control further damage.
-
"India's recovery is being hampered by the largest outbreak of any country since the beginning of the pandemic," the World Bank said.
-
Crisil said that the second Covid wave has thrown cold water over the Indian economy that was beginning to warm up after witnessing the most severe contraction since Independence.
-
Monetary Policy Committee emphasises the need for policy support from all sides – fiscal, monetary and sectoral – required to nurture recovery and expedite return to normalcy
-
The government may be waiting for the lockdowns to end before they can announce specific measures for the revival, which can have the best multiplier effect.
-
Contrary to the narrative being advanced by the NDA govt, GDP growth has been a point of growing weakness for the last five years
-
As per the CGA data for fiscal 2020-21, the tax revenue collection was 105.9 per cent of the Revised Estimates (RE) presented in the budget.
-
The gross domestic product (GDP) had expanded by 3 per cent in the corresponding January-March period of 2019-20.
-
Creating safe working zones is necessary, for it is not possible to perpetually fear and abstain from livelihood activities
-
State Bank of India (SBI) has developed a 'nowcasting model' with 41 high-frequency indicators associated with industry activity, service activity, and global economy.
-
According to the report, India's online higher education and lifelong user base will grow at a CAGR of 50 per cent till FY25.
-
Brou expressed optimism that vaccine programs would help contain the pandemic in the sub-region to make way for the normalisation of socio-economic activities, the Xinhua news agency reported.
-
In its report, 'Asian Development Outlook (ADO) 2021', the ADB also noted that the recent surge in Covid-19 cases may put this recovery at risk.
-
The report penned by the bank's Chief Economic Advisor Soumya Kanti Ghosh also suggested that faster vaccination is cheaper on the economy than complete lockdowns
-
The Central government has said that under the scheme, pricing, procurement, eligibility and administration of coronavirus vaccines will be made flexible.
-
A month-long nationwide lockdown can shave off 100-200 basis points off the GDP: BofA Securities
-
According to the scriptures, the current situation in the world is not a surprise. The fact that we are going through some tough challenges in life doesn’t make the current situation unique. Yes, there is a persisting pandemic, uncertainty of livelihoods or GDP and a lot of anxiety about what’s happening or going to happen. […]
-
Instead of selling off public sector assets, government should choose expansionary fiscal policy partially financed by monetisation for reviving demand
-
The bill is yet to be tabled in the Rajya Sabha.