Search For "gdp"
FICCI warns of massive job losses, calls for 4 to 5 pc of GDP in stimulus
Updated : 5 years, 10 months ago IST
New Delhi [India], May 11 (ANI): There is a critical and immediate need for a significant stimulus of Rs 9 lakh crore to 10 lakh crore or four to five per cent of the GDP to stimulate demand and supply for averting a long-term economic slowdown, the Federation of Indian Chambers of Commer
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Immediate stimulus package of Rs 15 lakh crore needed to overcome Covid-19
Updated : 5 years, 10 months ago IST
New Delhi [India], May 9 (ANI): The Confederation of Indian Industry (CII) has called for an immediate economic stimulus package of Rs 15 lakh crore -- or 7.5 per cent of the GDP -- to tide over the impact of Covid-19 led countrywide lockdown.
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GDP to pick up in Q2 FY21 if industry overcomes lockdown impact soon
Updated : 5 years, 10 months ago IST
New Delhi [India], May 4 (ANI): India's economic growth is likely to pick up during second half of the current fiscal year (October to March) as the combined impact of COVID-19 crisis and subsequent lockdown is likely to linger in the first two quarters, CII President Vikram Kirloskar said o
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GDP growth to hover between 1 to 2 pc in Q1 FY21: CEA Subramanian
Updated : 5 years, 10 months ago IST
New Delhi [India], May 4 (ANI): Chief Economic Advisor (CEA) K V Subramanian said on Monday the GDP growth in the first quarter (April to June) this fiscal is likely to range between one to two per cent due to COVID-19 led crisis and subsequent lockdown which brought economic activities t
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Union Minister Javadekar meets auto industry captains, takes suggestions o
Updated : 5 years, 10 months ago IST
New Delhi [India], April 30 (ANI): Minister of Heavy Industries and Public Enterprise Prakash Javadekar on Thursday held a meeting with the auto industry leaders where they suggested ways to restart the industry after the COVID-19 lockdown gets over.
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G-20 advanced economies to contract by 5.8 pc with COVID-19 restrictions:
Updated : 5 years, 10 months ago IST
New York [USA], April 30 (ANI): Moody's Investors Service has lowered its 2020-21 real GDP forecasts for all G-20 economies on the ground that economic costs of coronavirus crisis amid the near shutdown of the global economy are accumulating rapidly.
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COVID-19 damages India's growth and fiscal outlook, may impact sovereign r
Updated : 5 years, 11 months ago IST
Hong Kong, April 28 (ANI): Fitch Ratings has again revised down its economic growth forecast for India to 0.8 per cent in the fiscal year ending March 2021, reflecting the impact of the coronavirus pandemic and official efforts to contain it.
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Shiv Sena seeks financial package for states to tide over COVID-19 crisis
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 28 (ANI): The Shiv Sena on Tuesday demanded that the Centre declare a financial package for states from 10 per cent of the country's GDP like several western countries to deal with the situation arising out of COVID-19 lockdown.
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GDP growth at 1.9 pc in FY21 to be lowest in 29 years: Ind-Ra
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 27 (ANI) India Ratings and Research (Ind-Ra) on Monday revised its FY21 gross domestic product (GDP) growth further down to 1.9 per cent, the lowest in last 29 years (FY92: GDP grew 1.1 per cent) based on the assumption that the partial lockdown will conti
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Increased risk to jobs as European airline revenues collapse: IATA
Updated : 5 years, 11 months ago IST
Geneva [Switzerland], April 24 (ANI): The potential revenue loss by European carriers in 2020 has grown to 89 billion dollars and passenger demand measured in revenue passenger kilometres) is projected to be 55 per cent below 2019 levels, according to the International Air Transport Associat
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India's GDP likely to grow between minus 0.9 pc to 1.5 pc in FY21: CII
Updated : 5 years, 11 months ago IST
New Delhi [India], April 23 (ANI): India's economic growth is likely to hover between zero and 1.5 per cent in the current financial year as the extended COVID-19 lockdown slows down activity across most sectors, the Confederation of Indian Industry (CII) said on Thursday.
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Fitch slashes India growth forecast to below 1 pc this year
Updated : 5 years, 11 months ago IST
London [UK], April 23 (ANI): Fitch Ratings has made further large cuts to global GDP forecasts in its latest Global Economic Outlook (GEO) in response to coronavirus-related lockdown extensions and incoming data flows, saying the Indian economy is expected to grow at below one per cent this
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