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  Hope GDP will be positive in next quarter: Amit Shah

  India | November 30, 2020 15:06 IST

  The gross domestic product (GDP) had contracted by a record 23.9 per cent in the first quarter (April-June) of the 2020-21 fiscal as the coronavirus lockdown pummelled economic activity.

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  India's July-Sept GDP contracts 7.5%, 'technical recession' confirmed

  Business | November 27, 2020 18:35 IST

  The GDP at constant (2011-12) prices in Q2 of 2020-21 is estimated at Rs 33.14 lakh crore.

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  India's second-quarter GDP data to be released today

  Business | November 27, 2020 11:29 IST

  The second-quarter gross domestic product (GDP) data on India will be released today with the industry expecting positive news. The data will be released by the National Statistical Office.

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  Moody's revises upwards India GDP forecast to -8.9% in 2020

  Business | November 12, 2020 14:25 IST

  Moody's Investors Service on Thursday revised upwards its GDP forecasts for India to (-) 8.9 per cent contraction in the 2020 calendar year, as the economy reflates after a long and strict nationwide lockdown but said the recovery is patchy.

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  US GDP grows 33.1% in third quarter of 2020

  World | October 30, 2020 7:55 IST

  Real Gross Domestic Product (GDP) increased at an annual rate of 33.1 percent in the third quarter of 2020, according to the ”advance” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP decreased 31.4 percent, an official release from the Department of Commerce read.

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  Sitharaman says visible signs of economic revival but GDP growth may remain near zero this fiscal

  Business | October 27, 2020 18:46 IST

  Finance Minister Nirmala Sitharaman on Tuesday said there were visible signs of revival in the economy but the GDP growth may be in the negative zone or near zero in the current fiscal.

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  Fall in GDP alarming; time for bureaucracy to take meaningful action: Raghuram Rajan

  Business | September 07, 2020 14:06 IST

  Terming the 23.9 per cent fall in economic growth in June quarter alarming, former Reserve Bank Governor Raghuram Rajan has said bureaucracy should come out of complacency and take meaningful action.

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  India GDP growth dips to 3.1% in Jan-March; 4.2% in 2019-20

  Business | May 29, 2020 18:21 IST

  ​The Indian economy grew at 3.1 percent in the January-March quarter (Q4) of 2020, official gross domestic product (GDP) data released on Friday showed. For the full FY20 financial year, the number came to an 11-year-low of 4.2 percent against 6.1 percent in 2018-2019.

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  Goldman Sachs predicts 20 per cent rise in India's GDP post lockdown

  Business | May 22, 2020 10:04 IST

  American Investment pioneer Goldman Sachs has predicted that India's GDP could rise 20 per cent after the lockdown. The predictions by Goldman Sachs, stated in The Economist, have made claims about the third quarter 2020.

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  South Korea's GDP records sharpest decline since 2008

  World | April 23, 2020 12:17 IST

  South Korea's GDP contracted 1.4 per cent in the first quarter of 2020 compared to previous three months due to the impact of the coronavirus pandemic, according to data published by the Bank of Korea (BoK) on Thursday.

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  Around Rs 10.52 lakh cr of corporate debt at risk of default due to slowdown, GDP at 7-year-low

  Business | March 02, 2020 16:27 IST

  The GDP growth slowed down to a nearly seven-year low of 4.7 per cent in October-December 2019, according to the data released by the National Statistical Office (NSO)

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  India's Q3 GDP growth dips to 7-yr low of 4.7% as manufacturing slumps

  India | February 28, 2020 19:14 IST

  In line with expectations, India's GDP growth rate bottomed out during the third quarter of the current fiscal and inched up to 4.7 per cent from 4.5 per cent reported for the previous quarter.

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  India's GDP growth slips to 4.7 per cent in December quarter

  India | February 28, 2020 18:56 IST

  India's economic growth slowed to 4.7 percent in October-December 2019, according to official data released on Friday.

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  IMF says Lanka’s economy recovering from Easter Sunday attacks, projects 3.7 pc GDP growth in 2020

  World | February 08, 2020 14:06 IST

  The IMF has said that Sri Lanka’s economy is gradually recovering from Easter Sunday terrorist attacks in 2019 with GDP growth projected at 3.7 per cent in 2020.

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  HDFC Bank: RBI will have to do heavy lifting to boost growth by cutting rates

  Business | February 05, 2020 18:49 IST

  The Budget does not provide any counter-cyclical stimulus to boost consumption, and the Reserve Bank will have to do the heavy lifting to boost growth by cutting rates, the country's largest private sector lender HDFC Bank said on Wednesday. The budget announcements are also not inflationary in nature, and the Reserve Bank can cut rates as early as in the June review, it said.

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  Budget 2020 ensures more than 6.5 percent GDP Growth: IIF Prof Aman Agarwal

  Business | February 01, 2020 21:07 IST

  The Budget 2020 is a developmental growth-oriented Budget ensuring more than 6.5% GDP Growth with Fiscal Deficit of less than 3.5% in FY 2020-21 to pave way for 5 trillion dollar economy by 2024 says IIF Prof. Aman Agarwal.

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  Budget 2020 announcement: Nominal GDP growth for 2020-21 estimated at 10%

  Business | February 01, 2020 14:32 IST

  Budget 2020 announcement: The nominal GDP growth for the year 2020-21 is estimated at 10 percent, Union Finance Minister Nirmala Sitharaman announced on Saturday as she presented Budget 2020.

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  GDP growth rate for 2018-19 revised downwards to 6.1%

  Business | January 31, 2020 19:15 IST

  The government on Friday revised downwards the economic growth rate for 2018-19 to 6.1 per cent from 6.8 per cent estimated earlier, mainly due to deceleration in mining, manufacturing and farm sectors.  

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  India Ratings expects GDP growth of 5.5 per cent for FY21

  Business | January 22, 2020 13:49 IST

  The government has announced a slew of measures recently to prop-up the economy, but Ind-Ra believes they will come to aid only in the medium term. Therefore, all eyes are on the forthcoming union budget, to be presented on February 1, 2020. 

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  Prepare for attack by govt on IMF, Gita Gopinath: P Chidambaram on growth forecast

  India | January 21, 2020 12:26 IST

  Senior Congress leader P Chidambaram said he won't be surprised if GDP growth goes even lower after IMF lowered India's economic growth estimate for the current fiscal to 4.8 percent.