Search For "gross domestic product"
Global tourism set to lose $1.2 trillion due to coronavirus: UNCTAD
Updated : 5 years, 8 months ago IST
Geneva [Switzerland], July 3 (ANI): The world's tourism sector could lose at least 1.2 trillion dollars or 1.5 per cent of the global gross domestic product (GDP) having been placed at a standstill for nearly four months due to the coronavirus pandemic, according to a new report by UNCTAD.
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GDP to contract by 5.3 pc in FY21 due to Covid-19 woes: Ind-Ra
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 24 (ANI): India's gross domestic product (GDP) will contract by 5.3 per cent year-on-year in the current financial year (FY21), marking the lowest growth rate in the country's history and sixth instance of economic contraction, India Ratings and Research (I
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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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States' deficit, market borrowings to increase to 4.5 pc of GDP: Ind-Ra
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 26 (ANI): India Ratings and Research (Ind-Ra) expects the aggregate fiscal deficit of states to now rise to 4.5 per cent of gross domestic product (GDP) in FY21 as against the agency's earlier forecast of 3 per cent.
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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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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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Shiv Sena seeks financial package for states to tide over COVID-19 crisis
Updated : 5 years, 10 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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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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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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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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