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February 26, 2021
Updated Feb 26, 2021 | 09:08 IST The median forecast from a Reuters survey of 58 economists predicted the GDP grew 0.5 per cent year-on-year in the December quarter. Q3FY21 GDP numbers today: Will the Indian economy come out of recession?  |  Photo Credit: BCCL New Delhi: Data released by the National Statistical Office on Friday (February 26) will reveal whether the economy continued to be in recession in the third (October-December) quarter or it ended with...
February 19, 2021
Barclays projected the economic growth at 8.5 per cent for fiscal year 2021-22 As a result of a decrease in COVID-19 cases and an uptick in high-frequency economic data, the countrys gross domestic product (GDP) is expected to return to expansion territory in the October-December quarter, growing by 0.8 per cent year-on-year (YoY), according to multinational bank Barclays. Hit by the COVID-19 pandemic and the nationwide lockdown imposed by the government in late March last year to control the...
February 15, 2021
Last time BJP announced implementing CAA, defeat for the party in the Delhi assembly elections followed. Having won all seven parliamentary constituencies in Delhi in the May 2019 elections on the ‘Sabka Saath, Sabka Vikas, Sabka Vishwas slogan (support, development and trust for all), nine months later, in the assembly elections, BJP opted for a communal divisive electoral strategy by promising a nationwide NRC and CAA.
February 7, 2021
Indias rating shouldnt come under pressure due to higher deficit: Economic Affairs Secretary Premium (Photo: HT) . Updated: 07 Feb 2021, 02:34 PM IST PTI As per the latest Budget numbers, Indias fiscal deficit is estimated to be 9.5% of the GDP in the current fiscal and is expected to come down to 6.8% in 2021-22 beginning April 1. Share Via Read Full Story NEW DELHI : Indias sovereign rating should not come under pressure due to surge in fiscal deficit which was mainly on account of higher e...
January 19, 2021
Next 10 years make-or-break decade for Indian economy: Economists SECTIONS Share Synopsis If everything goes according to plan, India will be able to reap the fruits of its favourable demography over 2030s and 2040s, before she loses that edge in the 2050s, according to economists. The economy grew at an average rate of 7.7% in the past two decades. MUMBAI: After two decades of stop-start economic growth, India’s long-term economic fortunes now hinge on how the third decade of the 21st Centu...
December 22, 2019
Sooner think that is a simple number have a percentage. i see for the first time presidential construction attributed to the gdp growth in a little bit more upside was there. the most important, will no longer relying on the house. all of our gdp growth. then in balance growth wasnt going to last forever. the steps towards an ability to sustain, has 2020 and a 2021. >> one of the things that has been concerning, is declining business investment. with that abuse, big burst of it after the stacked...
December 21, 2019
In the most gdp data, and part of that is a manufacturing cycle and thats beginning to turn, it is not possible to get continued productivity growth and rising real wages without the investment coming back and i think theres good reason to think trade tension it will. >> do you see, lets say you get 2% - 2.5% growth. does that mean you will get tight labor markets continuing and pretty healthy wage gains are those fair predictions? >> i think those are fair, ive been astonished at the ability of...
November 29, 2019
Desk top whats holding the indian economy back. well monica as you mention our friend its a mix of both external and domestic reasons and externally it is feeling the heat from global trade was all around like the all the other countries but since the indian economy is not as dependent on exports a as as much as a german economy its more to do with domestic reasons and there is a liquidity crunch especially after the collapse of a major shadow bank last year and also major banks are actually app...
July 16, 2019
Conditions monday. employees say they face pressure to fill orders and worry that amazons move to offer one day shipping for prime members will increase the strain theyre under. amazon defended its pay and worker policy saying it offers, quote, industry leading pay at $15 an hour, benefits and a safe workplace for our employees. activists rallied outside of jeff bezos home in new york city demanding that amazon cut reported web service contracts with i.c.e. amazon declined to comment. take a l...
July 15, 2019
Thats slightly down from the first quarter of this year. for more on this lets bring in the cnn reporter following the story. good to have you with us, charise. there is always this question of whether these numbers were seeing are they spot on the money or are they slightly offered through rosier glasses, per se? the question here is, what is the read on what were seeing now? >> reporter: its a good point you bring up, george. there has been the case in the past where china would maybe inflate ...