Page 3 - Latest Updates on Gross Domestic Product (GDP)
Feb PMI eases to 57.5 from 57.7 in Jan, but remains at elevated level
Although growth more or less remained at an elevated level, employment declined further amid Covid-19 restrictions
 "Feb PMI eases to 57.5 from 57.7 in Jan, but remains at elevated level")
LIVE: Traders declare Bharat Bandh as success, claim loss of Rs 1 trillion
The call for the bandh was given by the Confederation of All India Traders (CAIT). Stay tuned for Latest LIVE news
 "LIVE: Traders declare Bharat Bandh as success, claim loss of Rs 1 trillion")
A different Modi: The PM is no longer shy of showing his real hand
A faltering economy may have led to a re-think on economic strategy. And Mr Modi might think he is politically strong enough to take some risks. But there could be a minefield ahead, writes T N Ninan
Govt takes capital expenditure route to spur growth in Budget 2021
At 15.9%, capex share in total spend for FY22 will be the highest in over a decade
 "Govt takes capital expenditure route to spur growth in Budget 2021")
Budget 2021 LIVE: Budget is a shot in the arm for Indian economy, says S&P
Budget 2021 LIVE: Finance minister Nirmala Sitharaman in her Union Budget 2021 speech announced a slew of taxation reforms but left personal income tax slab unchanged. Track Budget 2021 highlights
 "Budget 2021 LIVE: Budget is a shot in the arm for Indian economy, says S&P")
Economic Survey: Case for Budget to bring more sectors under PLI scheme
The govt's PLI scheme can aid job creation, according to the Survey, which has laid out 10 ideas towards achieving and sustaining a higher growth rate
 "Economic Survey: Case for Budget to bring more sectors under PLI scheme")
Investment in infra essential to growth boost, says Economic Survey 2020-21
The Survey emphasised that the year after the crisis will require sustained and calibrated measures to facilitate the process of economic recovery
 "Investment in infra essential to growth boost, says Economic Survey 2020-21")
GDP growth, fiscal deficit: Economic Survey nos in line with expectations
India's economy, as per the Economic Survey, could contract 7.7 per cent in FY21, pulled down mainly by the Covid-19 pandemic and the ensuing nationwide lockdown to contain the spread of the disease
 "GDP growth, fiscal deficit: Economic Survey nos in line with expectations")
Full text of the Economic Survey 2020-21: Download volume-I and II here
The Economic Survey 2020-21, authored by CEO K Subramanian, has pegged India's GDP contraction in FY21 at 7.7 per cent, and real GDP growth in FY22 at 11%. Hefre are both volumes of the document
 "Full text of the Economic Survey 2020-21: Download volume-I and II here")
Vital lessons from pandemic for a nation clawing back on to the growth path
While Centre-state cooperation on lockdown and vaccine roll-out are commendable, the fractious GST council meet and states not allowing in CBI could prove to be a spanner
 "Vital lessons from pandemic for a nation clawing back on to the growth path")
Reality check on economic surveys: A case of hits and misses on GDP numbers
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark
Budget Byte: Bad year for PSUs may impact dividend payout to govt
Though the stock market touched new highs in 2020, the PSU index was late to the party, and has barely recovered to January 2020 levels
 "Budget Byte: Bad year for PSUs may impact dividend payout to govt")
Banking on Budget: The five areas of focus for FM Nirmala Sitharaman
Given the series of policy announcements made by Finance Minister Nirmala Sitharaman in the last 9 months it is reasonable not to expect more this time
 "Banking on Budget: The five areas of focus for FM Nirmala Sitharaman")
What FM Sitharaman may and may not do in her promised 'never-before' Budget
Wish lists are routine as the govt prepares its annual Budget. But its finances are stretched and the pandemic isn't over. Akash Podishetty lists what the FM could announce in the Budget on Feb 1
 "What FM Sitharaman may and may not do in her promised 'never-before' Budget")
Budget Byte: Export needs budgetary support for overall economic growth
Strategic incentives through the Budget may help boost exports.
 "Budget Byte: Export needs budgetary support for overall economic growth")
Budget Byte: Can the GDP fall increase Budgetary share of defence forces?
Due to a contraction in the economy, defence spend as a share of GDP has risen in the first half of this year, touching the mark of 2%
 "Budget Byte: Can the GDP fall increase Budgetary share of defence forces?")
Budget Byte: Borrowing to boost spending but debt will bother govt
Even before Covid-19 struck the economy, government was borrowing at a rate that was very close to the nominal GDP growth
 "Budget Byte: Borrowing to boost spending but debt will bother govt")
Covid slump may cause 7.7% GDP contraction in FY21: First Advance Estimate
The government's First Advance Estimate suggests the worst performance ever for the Indian economy in the wake of the slowdown caused by the coronavirus pandemic
 "Covid slump may cause 7.7% GDP contraction in FY21: First Advance Estimate")
Banking on Budget: Stage set for transition from revive to thrive
Given the global Covid situation, there is some room for the finance minister to increase the fiscal deficit for a year without spooking the financial markets and rating agencies
 "Banking on Budget: Stage set for transition from revive to thrive")
Budget sops, Covid-19 tax surcharge: Market expectations from 2021
One of the key ratios to gauge the valuation of the market is the Market Capitalisation to GDP Ratio, which is around 95 per cent currently - a bubble territory
 "Budget sops, Covid-19 tax surcharge: Market expectations from 2021")
