Economic Outlook

World economy to bounce back by 2021-end, but risks remain: Group

The OECD, an intergovernmental economic group, said outlook has improved for the first time since the outbreak owing to Covid-19 vaccine progress.

Weekly economic indicators: Rail rebound, retail footfalls on the rise

Positive signs for economy as festival season draws near

S&P affirms India's "BBB-" rating with stable outlook; weak points flagged

Agency sees major economic recovery in 2021, normalisation by fiscal 2022; also refers to weak fiscal settings, such as elevated govt deficits and indebtedness, low per capita income

Animal spirits stir: Economic indicators hint at slow recovery for India

Any rebound in the economy might be slow, with economists in a Bloomberg survey predicting a milder contraction of 5.3% in the quarter to September

Emerging market FX pickup exposed to reversal after new virus surge: Report

The real, the rouble and the rupee are on the spot as infections of Covid-19, the illness caused by the virus, pile up in Brazil, Russia and India

Fitch revises India's sovereign rating outlook to negative from stable

Retains ratings at lowest investment grade

Covid-19 to have deflationary impact due to demand evaporation: CEA

Last week, the government raised its market borrowing programme by a whopping 54 per cent of the Budget estimate to Rs 12 trillion for the current fiscal to fund a comprehensive stimulus package

Statsguru: Key indicators point to grim economic outlook amid lockdown

PMI's services did contract, with trade, hospitality coming to a grinding halt, though the pace of fall in the index was not as steep as that of the core sector

Biz activities significantly hit; recovery may take over a year: CII survey

45 per cent of the CEOs polled feel it will take over a year to achieve economic normalcy once the lockdown ends

Crude collapse and the price disconnect

It is true that crude oil prices globally are under pressure due to excess supply and poor demand, thanks to the Covid-19 pandemic

Covid-19 impact: Economic growth may fall to 1.1% in FY21, says SBI report

According to the SBI Ecowrap report, the extension of the lockdown would result in economic loss of Rs 21.1 trillion or 6 per cent of the nominal GVA

Covid-19: Poor countries staring at a debt crisis, says UN report

Many workers in the gig economy, dominated by service sector start-ups, are poorly protected against income losses in a recession

Carrot-and-stick economic model won't work everywhere: Deepak Nayyar

In his book, 'Resurgent Asia: Diversity in Development', Nayyar writes that Asia, is set to regain its dominant position in the global architecture

Outlook for the next six months

Three difficulties - global/local macro conditions, credit stress, and uncertainty - will weigh upon the January-June period, and result in relatively sombre outcomes