India: Modi says billion COVID-19 vaccine milestone ups economic optimism
PM urges people to follow COVID-19 protocols during celebration of festivals
Source: gulfnews.com
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Budget 2021: The Growth Recipe- Business News
How the FM can make it a 'never before' Budget. Top experts weigh in Illustration by Nilanjan Das Finance minister Nirmala Sitharaman will present Budget 2021 in the backdrop of an exceptionally chaotic 2020. In Q1 of FY21, India's lockdown-struck gross domestic product (GDP) contracted an unprecedented 23.9 per cent, the worst among major economies. When the economy opened up, pent-up demand pushed up consumption, but GDP still shrank 7.5 per cent in Q2. And even though the RBI predicts that the economic shrinkage is over and GDP will grow 0.1 per cent and 0.7 per cent in third and fourth qu...
Source: origin-businesstoday.intoday.in