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RBI's liquidity, growth supporting measures crucial for recovery from 2nd COVID wave: Experts


RBI s liquidity, growth supporting measures crucial for recovery from 2nd COVID wave: Experts
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Last Updated: Jun 04, 2021, 05:27 PM IST
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Financial intelligence company Moody s Analytics said with COVID-induced restrictions likely to be eased only gradually, the sharp slowdown in domestic demand is set to weaken revival beyond the June quarter.
RBI in its monetary policy on Friday kept interest rates unchanged at record lows and committed to maintaining an accommodative policy stance to support growth.
The measures announced by RBI to maintain liquidity and support economic growth through lower interest rates will be crucial for recovery from the second wave of the COVID-19 pandemic, experts said on Friday. The RBI in its monetary policy on Friday kept interest rates unchanged at record lows and committed to maintaining an accommodative policy stance to support growth. ....

Amit Goyal , Radhika Rao , Aditi Nayar , Suman Chowdhury , George Alexander Muthoot , Nilaya Varma , Sanjay Palve , Alok Sheel , Abheek Barua , Bandhan Bank , J Sagar Associates Partner Anish Mashruwala , Emd Group , Acuite Ratings Research , India Sotheby International Realty , Macroeconomics Alok Sheel , India Sotheby , International Realty , Property Consultants Chairman Anuj Puri , Economist Aditi Nayar , Capital Senior Managing Director Sanjay Palve , Research Chief Analytical Officer Suman Chowdhury , Reserve Bank , Chief Economist Abheek Barua , Alexander Muthoot , Resolution Framework , Sagar Associates Partner Anish Mashruwala ,

India's GDP: Quickest to fall, fastest to recover


India’s GDP: Quickest to fall, fastest to recover
By IANS|   Updated: 26th December 2020 4:54 am IST
By Rohit Vaid
New Delhi, Dec 25 : The Covid-19 induced turmoil showed weakness as well as resilience of Indias economy in 2020, as the country’s GDP recorded abysmal fall and breathtaking recovery.
The economy, which faced a severe slowdown prior to the pandemic, was decimated due to the lockdown imposed to curb the pandemic’s spread. Accordingly, the country’s GDP contracted by more than 23 per cent in Q1FY21.
Nonetheless, slow tapering of mobility and lockdown restrictions along with pent up demand narrowed this contraction to under 10 per cent in Q2FY21. ....

New Delhi , M Govinda Rao , Aditi Nayar , Madhavi Arora , Suman Chowdhury , India Inc , Acuite Ratings Research , Principal Economist , Lead Economist Madhavi Arora , Research Chief Analytical Officer Suman Chowdhury , Brickwork Rating Chief Economic Adviser , Rohit Vaid , Siasat Daily , புதியது டெல்ஹி , மீ கோவிந்தா ராவ் , மாதவி அரோரா , சுமன் சவுத்ரி , இந்தியா இன்க் , ப்ரிந்ஸிபல் பொருளாதார நிபுணர் , வழி நடத்து பொருளாதார நிபுணர் மாதவி அரோரா , ஆராய்ச்சி தலைமை பகுப்பாய்வு அதிகாரி சுமன் சவுத்ரி , ரோஹித் வைட் ,