by pallanus | Jun 25, 2020 | Business News
Domestic markets opened weaker on Thursday after the International Monetary Fund (IMF) said that GDP growth in India will contract sharply by 4.5 per cent in the fiscal year 2020-21. At around 9:30 am, BSE Sensex was below the 35,000-mark after dropping 170 points,...
by pallanus | Jun 24, 2020 | Business News
Ratings agency India Ratings and Research (Ind-RA) expects gross domestic product (GDP) to contract 5.3 per cent in the fiscal year 2020-21. Ind-RA said this will be the lowest GDP growth recorded in Indian history since such data was collected 1950-51 and sixth...
by pallanus | Jun 2, 2020 | Business News
Prime Minister Narendra Modi while addressing the inaugural session of CII annual conference exuded confidence that India will get its growth back and that the government is focused on long-term growth. Prime Minister Narendra Modi. (Photo: PTI) Prime Minister...
by pallanus | May 29, 2020 | Business News
Data suggests that India’s GDP growth in FY2019-20 slowed down to an 11-year-low of 4.2 per cent. A MNREGA worker photographed in Rajasthan’s Beawar on May 29 (Photo Credits: PTI) India’s GDP estimates for the last quarter of the FY2019-20 are out....
by pallanus | May 26, 2020 | Business News
India’s economy is likely to have expanded at its slowest pace in at least eight years in the January-March quarter, partly as a result of the coronavirus clampdown, a Reuters poll predicted. Asia’s third-largest economy began slowing last year, but a countrywide...
