by pallanus | Jul 15, 2020 | Business News
The trade deficit stood at USD 9.12 billion during the two months of the current fiscal. [REPRESENTATIVE IMAGE] (Photo Credits: PTI) Contracting for the fourth straight month, India’s exports declined by 12.41 per cent to USD 21.91 billion in June mainly due to...
by pallanus | Jul 13, 2020 | Business News
Industry body FICCI’s latest Economic Outlook Survey has pegged India’s growth for 2020-21 at (-) 4.5 per cent as the country continues to see a gradual rise in financial stress. Data shows that while overall growth estimates stand at -4.5 per cent, the...
by pallanus | Jun 30, 2020 | Business News
The gross state domestic product (GSDP) of states is likely to contract up to 14.3 per cent in the current financial year, a report has stated. As per the latest data by the India Ratings and Research (Ind-Ra), contraction in GSDP will be in the range of 1.4% –...
by pallanus | Jun 25, 2020 | Business News
The IMF on Wednesday projected a sharp contraction of 4.5 per cent for the Indian economy in 2020, a “historic low,” citing the unprecedented coronavirus pandemic that has nearly stalled all economic activities, but said the country is expected to bounce...
by pallanus | Jun 8, 2020 | Business News
India’s economy will shrink by 3.2 per cent in the current fiscal, the World Bank said on Monday as it joined a chorus of international agencies that are forecasting a contraction in growth rate due to the coronavirus lockdown halting economic activity. The...
