Search For "gdp growth"
Fitch lowers India FY21 GDP forecast to minus 10.5 per cent
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 8 (ANI): Fitch Ratings has sharply lowered its forecast for India's gross domestic product (GDP) growth for the current fiscal year (FY21) and expects it to contract by 10.5 per cent as compared to its earlier estimate of 5 per cent contraction.
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Priyanka Gandhi attacks Centre over plummeting GDP growth
Updated : 5 years, 6 months ago IST
New Delhi [India], September 1 (ANI): Congress leader Priyanka Gandhi Vadra on Tuesday attacked the Central government over the plummeting GDP growth and said that her brother and former party president Rahul Gandhi had predicted about the "economic tsunami" six months ago.
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Q1 GDP growth contracts by 23.9 pc as COVID-19 cripples economic activitie
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 31 (ANI): The Indian economy contracted by 23.9 per cent in the April to June quarter (Q1 FY21) as COVID-19 pandemic compressed consumer demand and private investments, government data showed on Monday.
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Maharashtra stamp duty reduction may do little to revive real estate deman
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 29 (ANI): The proposed stamp duty reduction by Maharashtra state government will do little to boost demand in the sluggish residential real estate market, India Ratings and Research (Ind-Ra) has said.
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Government debt likely to stand at 80 per cent of GDP by FY30: Motilal Osw
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 26 (ANI): The government's debt rose to 75 per cent of GDP in FY20 from 70 per cent in FY18 and is likely to reach 91 per cent in FY21, according to estimates from the EcoScope report of Motilal Oswal Financial Services.
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'Modi hai to mumkin hai', Rahul Gandhi's jibe at Centre over possible lowe
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 12 (ANI): Congress leader Rahul Gandhi on Wednesday took a jibe at Prime Minister Narendra Modi citing BJP's election slogan "Modi hai to mumkin hai" while attacking the government over reported claims that India's Gross Domestic Product (GDP) growth may be lowest sinc
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Experts welcome RBI's move to restructure MSME loans
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 6 (ANI): Industry experts on Thursday welcomed the Reserve Bank of India's (RBI's) accommodative stance and keep the key repo rate unchanged in view of spurting inflationary pressures.
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RBI keeps repo rate unchanged at 4 pc, GDP growth seen negative in FY21
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 6 (ANI): The Reserve Bank of India (RBI) on Thursday kept the key repo rate unchanged at 4 per cent in view of rising inflation and faint signs of economic growth amid the gradual lifting of coronavirus (COVID-19) countrywide lockdown.
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RBI's stress test results indicate high risk to asset quality: Moody's
Updated : 5 years, 7 months ago IST
Singapore, July 30 (ANI): The Reserve Bank of India's recent financial stability report and results of banking system stress tests show that banks' gross non-performing assets will rise meaningfully under all four stress test scenarios with their common equity tier one ratio declining by one
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Russian economy faces deep recession amid global pandemic and oil crisis:
Updated : 5 years, 8 months ago IST
Moscow [Russia], July 6 (ANI): Fueled by a Covid-19 triggered deep global recession, Russia's 2020 GDP growth is projected to contract by 6 per cent, an eleven-year low, with a moderate recovery in 2021-2022, according to the World Bank's latest Russia Economic Report released on Monday.
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India's GDP may contract by 6.4 pc in FY21: Care Ratings
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 2 (ANI): Care Ratings on Thursday revised India's GDP growth forecast for the current financial year to minus 6.4 per cent as economic activity continues to be impacted by the Covid-19 induced countrywide lockdown.
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GDP for Q4 has turned out to be worst at 3.1 pc: P Chidambaram
Updated : 5 years, 9 months ago IST
New Delhi [India], May 29 (ANI): India's gross domestic product (GDP) growth rate for Q4 has turned out to be worst at 3.1 per cent, said former Finance Minister P Chidambaram on Friday.
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