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
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
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.
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
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)
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.
Washington DC [USA], Mar 4 (ANI): India has the third highest trade-related illicit financial flow among 135 countries with 83.5 billion dollars (about Rs 6.08 lakh crore) -- or 3.05 per cent of gross domestic product (GDP) -- escaping the government's tax net, according to US-based think ta
Bhubaneswar (Odisha) [India], Feb 17 (ANI): Odisha's Economic Survey has projected the state's Gross Domestic Product (GDP) to grow at 6.1 per cent in the financial year 2019-20 against 7.9 per cent in the financial year 2018-19.
Thiruvananthapuram (Kerala) [India], Feb 6 (ANI): Kerala finance minister Thomas Isaac on Thursday claimed that despite national Gross Domestic Product (GDP) going down, his state has done significantly well in terms of development.
New Delhi [India], Feb 1 (ANI): The fiscal deficit target for next financial year beginning on April 1 has been pegged at 3.5 per cent of the gross domestic product (GDP), down from 3.8 per cent in the current fiscal 2019-20.
New Delhi [India], Feb 1 (ANI): The fiscal deficit target for next financial year beginning on April 1 has been pegged at 3.5 per cent of the gross domestic product (GDP), Financial Minister Nirmala Sitharaman said on Saturday.
New Delhi [India], Feb 1 (ANI): Hours before the tabling of the Union Budget, CII's Director General Chandrajit Banerjee on Saturday expressed hope that India would be able to achieve required Gross Domestic Product (GDP) growth rate by carrying out reforms and creating jobs in the market