Search For "recession"
Meaningful reforms by government have paved way for the economy to come ba
Updated : 5 years, 3 months ago IST
New Delhi [India], November 27 (ANI): With the contraction of the Indian GDP by 7.5 per cent in July to September quarter (Q2 FY21) from 23.9 per cent contraction witnessed in April-June quarter, PHD Chamber of Commerce and Industry on Friday said meaningful reforms undertaken by the governm
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GDP numbers quite encouraging, recovery will continue if pandemic remains
Updated : 5 years, 3 months ago IST
New Delhi [India], November 27 (ANI): With the contraction of the Indian GDP by 7.5 per cent in July to September quarter (Q2 FY21), Chief Economic Advisor (CEA) KV Subramanian on Friday said sharp recovery can be seen in the manufacturing sector but given the uncertainty, it would be diffic
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Chief Economic Advisor KV Subramanian says GDP estimates more encouraging
Updated : 5 years, 3 months ago IST
New Delhi [India], November 27 (ANI): With the contraction of the Indian GDP by 7.5 per cent in July to September quarter (Q2 FY21), Chief Economic Advisor (CEA) KV Subramanian on Friday said GDP estimates are more encouraging than what was anticipated though he urged for caution in the comi
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GDP contraction slows to 7.5 per cent in Q2, India officially enters reces
Updated : 5 years, 3 months ago IST
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.
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India has entered recession for first time in history: Rahul Gandhi slams
Updated : 5 years, 4 months ago IST
New Delhi [India], November 12 (ANI): Congress leader Rahul Gandhi on Thursday slammed the Central government over the state of India's economy and said that Prime Minister Narendra Modi's actions have turned the country's strength into its weakness.
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Singapore targets more FTAs to help economy recover from COVID
Updated : 5 years, 4 months ago IST
Singapore, October 26 (ANI): Singapore must continue with its strategy of global integration underpinned by free trade agreements (FTAs) and digital economy agreements (DEAs) with its trading partners in spite of the COVID-19 induced recession.
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Indian economy to contract 9.6 pc in FY21 due to Covid-19: World Bank
Updated : 5 years, 5 months ago IST
Washington DC [USA], Oct 8 (ANI): India's economy, the largest in south Asia, is expected to contract by 9.6 per cent in the current fiscal year (2020-21) because of Covid-19 pandemic, the World Bank said on Thursday.
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"Contractual Jobs" Portal to Help Job Seekers and Employers Overcome Diffi
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 25 (ANI/NewsVoir): It has been seven months since India reported its first case of COVID-19 in Kerala, and as of August 12, the number of total cases in India has reached over 2.27 million. Trepidation and recession caused by this novel virus have rendered many people
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Infrastructure spending can help spur economic activity: KPMG
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 25 (ANI): As India faces its deepest recession since Independence, infrastructure spending can help spur economic activity and the involuntarily unemployed through job creation, global professional consulting services firm KPMG said on Tuesday.
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Coronavirus impact on GDP will be felt for years to come: Fitch
Updated : 5 years, 7 months ago IST
London [UK], July 31 (ANI): The impact of 2020 coronavirus recession on GDP will continue to be felt for years to come with GDP levels in the largest advanced economies expected to remain around 3 to 4 per cent below their pre-virus trend path by the middle of this decade, Fitch Ratings h
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Small, medium Indian businesses struggle to survive as Singapore sinks int
Updated : 5 years, 8 months ago IST
Singapore, July 20 (ANI): The Singapore Ministry of Trade and Industry recently released advanced estimates of the city-state's GDP numbers for the second quarter of 2020. The data confirmed the brutal impact of the COVID-19 pandemic on the economy.
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Negative credit trends for A-Pac non-financial companies to continue: Mood
Updated : 5 years, 8 months ago IST
Hong Kong, July 17 (ANI): Moody's Investors Service said on Friday it expects negative credit trends for Asia Pacific non-financial companies to continue through 2020 as global lockdowns have caused severe disruptions in economic activity during the first half of the year.
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