Search For "gdp"
Italy's GDP to fall 15 pc by end of Q2
Updated : 5 years, 11 months ago IST
Rome [Italy], April 21 (Sputnik/ANI): The economic impact of COVID-19 outbreak in Italy could see the country's economy shrink by 15 per cent by the end of the second quarter of this year, national media reported on Tuesday, citing the national Parliamentary Budget Office (UPB).
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China's economy contracts 6.8 pc in first quarter of 2020
Updated : 5 years, 11 months ago IST
Beijing [China], April 17 (ANI): China's economy contracted 6.8 per cent in the first quarter of 2020 compared to a year earlier, the National Bureau of Statistics said on Friday.
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SBI research unit puts loss of Rs 12.1 lakh crore due to COVID-19 lockdown
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 16 (ANI): With the COVID-19 lockdown being extended till May 3 and simultaneously government providing some relaxations from April 20, a report by State Bank of India's economic research department on Thursday estimated the overall loss for FY21 at Rs 12.
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Govt must take steps to thwart any attempts of takeover in pharma and insu
Updated : 5 years, 11 months ago IST
New Delhi [India], April 14 (ANI): Following Congress leader Rahul Gandhi's remarks on Sunday that the government must protect corporate entities from "foreign interests", the Congress party has demanded the Centre to be careful and instruct SEBI and RBI to take appropriate steps to thwart a
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CII calls for 2 pc of GDP in fiscal support package to tide over COVID-19
Updated : 5 years, 11 months ago IST
New Delhi [India], April 8 (ANI): The Confederation of Indian Industry (CII) has called for a fiscal support package during the current financial year 2020-21 limited to two per cent of the gross domestic product (GDP) in addition to the Rs 1.7 lakh crore provided under the Pradhan Mantri Ga
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Weak consumption during COVID-19 lockdown to drag down GDP growth: KPMG
Updated : 5 years, 11 months ago IST
New Delhi [India], April 6 (ANI): The countrywide lockdown is likely to have a sizeable impact on the economy, most significantly on consumption which is the biggest component of GDP, KPMG India said on Monday.
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Fitch cuts India growth forecast to 30-year low of 2 pc for FY21
Updated : 5 years, 11 months ago IST
Singapore, April 3 (ANI): Fitch Ratings on Friday cut its GDP growth forecast for India to 2 per cent for the fiscal year ending March 2021 after lowering it to 5.1 per cent previously, which will make it the slowest growth in India over the past 30 years.
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India's growth to slow to 4 pc in FY20, recover to 6.2 pc in FY21
Updated : 5 years, 11 months ago IST
Manila [The Philippines], April 3 (ANI): The Asian Development Bank (ADB) projects India's gross domestic product (GDP) will slow to 4 per cent in the fiscal year 2020 ending on March 31, 2021 due to a weak global environment and continued efforts to contain the novel coronavirus (COVID-19)
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Ind-Ra revises FY21 GDP growth downwards to 3.6 pc
Updated : 5 years, 12 months ago IST
Mumbai (Maharashtra) [India], Mar 30 (ANI) India Ratings and Research (Ind-Ra) on Monday revised its new financial year 2020-21 gross domestic product (GDP) growth down to 3.6 per cent from 5.5 per cent.
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88 pc of deaths due to COVID-19 in G20 countries, need concrete action pla
Updated : 5 years, 12 months ago IST
New Delhi [India], Mar 26 (ANI): Prime Minister Narendra Modi on Thursday called on G20 countries to come out with a concrete action plan to fight coronavirus, saying that 90 per cent of COVID-19 cases and 88 per cent deaths from the global pandemic were from the member countries even as
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Mamata urges PM Modi to allow states to borrow more by raising FRBM limits
Updated : 6 years ago IST
New Delhi [India], Mar 24 (ANI): West Bengal Chief Minister Mamata Banerjee on Tuesday wrote to Prime Minister Narendra Modi, urging him to allow states to borrow more by raising their FRBM limits to at least 5 per cent of their GDP during the fiscal year 2020-21.
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COVID-19 a global economic tsunami, millions of job losses likely: Moody's
Updated : 6 years ago IST
New York [USA], Mar 24 (ANI): COVID-19 has created a worldwide economic tsunami and the global economy is engulfed in a serious downturn, according to Moody's Analytics.
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