Search For "gdp"
Equity indices in red after RBI rate cut, banking stocks down as loan mora
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): Equity benchmark indices closed lower on Friday due to underperformance by banking and financial stocks as the Reserve Bank of India forecast contraction in H1 FY21 GDP growth, cut repo rate by 40 basis points to inject liquidity and extended the l
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China projects deficit-to-GDP ratio at more than 3.6 percent in 2020
Updated : 5 years, 10 months ago IST
Beijing [China], May 22 (ANI): China has projected deficit-to-GDP ratio at more than 3.6 percent in the pandemic-hit 2020, the government's report issued on Friday said.
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Equity indices tumble by 1 pc on RBI rate cut, banking stocks suffer as mo
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): Equity benchmark indices fell by 1 per cent during the afternoon on Friday as the Reserve Bank of India forecast contraction in H1 FY21 GDP growth, cut repo rate by 40 basis points and extended the loan repayment moratorium for another three months
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RBI cuts key interest rates, forecasts H1 FY21 GDP growth to contract on C
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): The Reserve Bank of India (RBI) on Friday unveiled a series of measures to minimise the impact of coronavirus (COVID-19) pandemic and subsequent countrywide lockdown which is likely to contract GDP growth rate in the first half of current financial
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RBI slashes repo rate by 40 bps, extends loan moratorium by 3 months
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): The Reserve Bank of India (RBI) on Friday reduced the repo rate by 40 basis points to 4 per cent and extended the loan repayment moratorium for another three months up to August 31.
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India's GDP could soar by 20 per cent post lockdown, predicts Goldman Sach
Updated : 5 years, 10 months ago IST
London [UK], May 22 (ANI): India's Gross Domestic Product (GDP) could soar by 20 per cent in the third quarter of 2020, according to predictions by Goldman Sachs which have been stated by The Economist in a detailed story on Economic Lockdowns and their implications.
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Japan's economy in recession, Q1 GDP shrinks annualised 3.4 pc
Updated : 5 years, 10 months ago IST
Tokyo [Japan], May 18 (ANI): Japan's economy contracted an annualised 3.4 per cent during the January to March quarter as coronavirus pandemic continues to have a significant impact, according to government data released on Monday.
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Mining sector reforms is huge opportunity for employment, add to GDP: Unio
Updated : 5 years, 10 months ago IST
New Delhi [India], May 17 (ANI): Hailing the reforms in the mining sector announced by Finance Minister Nirmala Sitharaman on Saturday, Union Mines and Coal Minister Pralhad Joshi on Saturday said that reforms will bring a huge opportunity for employment as well as to add to the GDP.
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What's going out isn't even 1.5 pc of GDP: Anand Sharma calls economic pac
Updated : 5 years, 10 months ago IST
New Delhi [India], May 15 (ANI): Hitting out at the Centre over Rs 20 lakh crore economic package which is nearly 10 per cent of gross domestic product, senior Congress leader Anand Sharma on Friday said it was just a 'dramatic' announcement by Prime Minister Narendra Modi, claiming that
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COVID-19 economic impact could reach $8.8 trillion globally: ADB
Updated : 5 years, 10 months ago IST
Manila [The Philippines], May 15 (ANI): The global economy could suffer between 5.8 trillion and 8.8 trillion dollars in losses -- equivalent to 6.4 to 9.7 per cent of global gross domestic product (GDP) -- as a result of the novel coronavirus disease (COVID-19) pandemic, according to a new
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Equity indices gain after Prime Minister Narendra Modi announces Rs 20 lak
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 13 (ANI): Equity benchmark indices traded higher during early hours on Wednesday, a day after Prime Minister Narendra Modi announced an economic stimulus package worth Rs 20 lakh crore amounting to 10 per cent of the GDP to alleviate the pain caused by COVID
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Rahul urges PM Modi to transfer Rs 7,500 in accounts of migrant labourers
Updated : 5 years, 10 months ago IST
New Delhi [India], May 12 (ANI): Minutes before Prime Minister Narendra Modi's address the nation on Tuesday, Congress leader Rahul Gandhi urged him to directly transfer at least Rs 7,500 to the accounts of migrant labourers to support them during COVID-19 crisis.
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