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India Economy | Q3FY21 GDP numbers today: Will the Indian economy come out of recession? - Vimarsana News

India Economy | Q3FY21 GDP numbers today: Will the Indian economy come out of recession?

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 the second quarter only. Also, it will demonstrate the extent of damage the coronavirus pandemic h...

GDP To Expand By 0.08% In Third Quarter Of Current Fiscal Year, Economic Growth Pegged At 8.5%, Says Barclays - Vimarsana News

GDP To Expand By 0.08% In Third Quarter Of Current Fiscal Year, Economic Growth Pegged At 8.5%, Says Barclays

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 country's 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 spread of infection, the country's GDP contracted by 23.9 per cent in April-June and 7.5 per cent...

Source: ndtv.com
View: Citizenship (Amendment) Act is not a winning card, so why use it? - Vimarsana News

View: Citizenship (Amendment) Act is not a winning card, so why use it?

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.

India's rating shouldn't come under pressure due to higher deficit: Economic Affairs Secretary - Vimarsana News

India's rating shouldn't come under pressure due to higher deficit: Economic Affairs Secretary

India's rating shouldn't 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, India's 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 : India's sovereign rating should not come under pressure due to surge in fiscal deficit which was mainly on account of higher expenditure to deal with the Covid-19 pandemic, said Economic Affairs Secretary Tarun Bajaj. Give...

Next 10 years make-or-break decade for Indian economy: Economists - Vimarsana News

Next 10 years make-or-break decade for Indian economy: Economists

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 Century turns out for the economy to elevate itself to a middle-income economic powerhouse. Economists sa...