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Page 6 - Latest Updates on Gross Domestic Product (GDP)

Fitch Ratings, CRISIL, SBI Research see India economy shrinking in FY21

CRISIL said it expected the current quarter's GDP to shrink 25 per cent year on year.

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Updated On : 25 Jun 2020 | 9:20 AM IST

Direct tax mop-up rises 39% amid sharp decline in disbursement of refunds

Collections may come under pressure once the base effect wears off

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Updated On : 25 Jun 2020 | 9:22 AM IST

Ratio of India's public debt to GDP likely to scale a new high in FY21

According to the Reserve Bank of India (RBI) data, the combined liabilities of the Centre and the state governments were around Rs 147 trillion at the end of March 2020

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Updated On : 25 Jun 2020 | 2:01 PM IST

RBI gives exporters, importers liquidity and more time amid Covid-19 crisis

RBI took cognizance of the difficult situation amid the global coronavirus crisis and announced a number of measures for the export and import sector

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Updated On : 22 May 2020 | 1:27 PM IST

Markets were expecting a rate cut; onus now on banks to pass on the benefit

Given the severity of the situation due to the Covid-19 pandemic, the timing of rate transmission holds great significance.

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Updated On : 22 May 2020 | 12:27 PM IST

RBI buttresses earlier position forcefully; economic forecasts conservative

The central bank cut the repo rate by 40 bps to 4% and the reverse repo rate was brought down to 3.35%

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Updated On : 22 May 2020 | 12:27 PM IST

RBI says India GDP will contract in FY21, cuts repo rate by 40 bps to 4%

RBI extends the moratorium on loan repayments by three more months

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Updated On : 22 May 2020 | 11:58 AM IST

India coronavirus dispatch: Strategies to reform governance beyond pandemic

From building a functioning public health system to why you must not use sanitisers on fruits and vegetables - read these and more in today's India dispatch

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Updated On : 20 May 2020 | 3:50 PM IST

Fiscal math of the imponderables

Growth holds the key to the government's fiscal deficit slippage

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Updated On : 20 May 2020 | 12:23 AM IST

India GDP to fall 45 per cent in June quarter, predicts Goldman Sachs

Predicts a 5 per cent GDP contraction for India in FY21, says recently announced reforms not to have immediate impact on reviving growth

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Updated On : 18 May 2020 | 9:19 AM IST

Higher borrowing can see FY21 combined fiscal deficit hit 12%: Economists

Net borrowing ceiling for 2020-21 was earlier pegged at Rs 6.41 trillion (3 per cent of gross state domestic product), and the states have thus far borrowed merely 14 per cent of this authorised limit

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Updated On : 17 May 2020 | 8:41 PM IST

In search of the right prescription

Policy predictability and an unambiguous long-term blueprint are essential for private investors

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Updated On : 16 May 2020 | 8:46 PM IST

Stimulus 2.0 won't change outlook for business

The second package focuses mostly on support to businesses, especially MSMEs

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Updated On : 15 May 2020 | 12:29 AM IST

Why RBI shouldn't finance govt borrowings

In a crisis, it is imperative that a country borrows and spends more

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Updated On : 13 May 2020 | 2:23 AM IST

Beyond borrowings

Govt must present a credible macroeconomic picture

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Updated On : 10 May 2020 | 11:47 PM IST

Calls for debt monetisation gain traction as Covid-19 cripples economy

Coronavirus has snuffed out lives of more than 2,100 people and infected nearly 63,000 in India

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Updated On : 10 May 2020 | 8:05 PM IST

India needs large fiscal stimulus in face of slowdown risk: Kaushik Basu

The Centre must give states the freedom to spend more, respecting India's federal structure, Basu said

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Updated On : 10 May 2020 | 11:04 PM IST

Moody's pegs FY21 GDP growth at 0%, says upgrade unlikely in near term

The rapid and widening spread of the Covid-19, deteriorating global economic outlook, falling oil prices, and financial market turmoil are creating a severe and extensive economic and financial shock

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Updated On : 08 May 2020 | 6:42 PM IST

India's credit profile to face further pressure due to Covid-19: Moody's

Moody's rating on the government of India is Baa2 with negative outlook

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Updated On : 09 May 2020 | 1:59 AM IST

Covid-19 economic impact to be much greater than assessed earlier

Large-scale contraction across sectors in April; which way the GDP will go depends largely on how long the lockdown stays

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Updated On : 06 May 2020 | 2:52 PM IST