New Delhi [India], December 18 (ANI): The Indian economy is expected to contract in the range of 1.1 to 13.6 per cent in FY21 over FY20 under different scenarios of shocks to consumption, investment and exports triggered by the coronavirus outbreak and the associated lockdowns, professional
New Delhi [India], November 27 (ANI): The Indian economy contracted by 7.5 per cent in the July to September quarter (Q2 FY21), government data showed here on Friday.
New Delhi [India], Oct 2 (ANI): The harvest of most crops is expected to be bountiful with above-average monsoon rainfall on a pan-India basis with growth of gross value added (GVA) at basic prices in agriculture, forestry and fishing to print at 3 per cent in the second quarter of curren
Mumbai (Maharashtra) [India], September 1 (ANI): While the real gross domestic product (GDP) contracted by 23.9 per cent and gross value added (GVA) by 22.8 per cent in the first quarter of current financial year, the real GDP turnaround from contraction to growth in late calendar year 20
New Delhi [India], Aug 31 (ANI): The Indian economy contracted by 23.9 per cent in the April to June quarter (Q1 FY21), marking the first contraction in more than 40 years as COVID-19 pandemic compressed consumer demand and private investments, government data showed on Monday.
New Delhi [India], May 8 (ANI): The COVID-19 pandemic is likely to reduce investment in India's construction-related projects in the range of 13 to 30 per cent which will have a significant impact on gross value added (GVA), according to an analysis by KPMG in India.
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], Jan 31 (ANI): The services sector accounts for about 55 per cent of the economy and gross value added (GVA) growth, according to the Economic Survey 2019-20 tabled in Parliament on Friday by Finance Minister Nirmala Sitharaman.
New Delhi [India], Jan 7 (ANI): The government on Tuesday released first advance estimates of GDP numbers for the current financial year (2019-20) pegging the growth at 5 per cent.
New Delhi [India], July 4 (ANI): The services sector, which accounts for 54 per cent of India's gross value added (GVA), witnessed a growth rate moderated to 7.5 per cent in 2018-19 as compared to 8.1 per cent in 2017-18, says the Economic Survey 2018-19 report which Finance and Corporate Af
New Delhi [India], July 4 (ANI): The core gross value added (GVA) was higher for all quarters of 2018-19 than overall GVA growth as agriculture and allied, public administration and defence experienced the largest decline in growth rates relative to other sectors, says the Economic Survey 20
New Delhi [India], Jan 22 (ANI-BusinessWireIndia): Industry leaders gathered at India’s largest industrial automation event ‘Rockwell Automation on the Move’ 2019 (RAOTM) conference emphasized on the need for a major shift towards Industry 4.0 technologies if India aims