Economic Growth

Sunday, Oct 24, 2021 | Last Update : 12:32 PM IST

The richest countries, pledged to contribute or arrange $100 billion per year from 2015-20 but have confirmed just 18 per cent of that amount to the Green Climate Fund. (ANI Photo)

Glasgow COP is near: Fix rewards for aggressive mitigation of goal

The race to keep global climate stable seems irrevocably loaded against us, already

27 Aug 2021 1:08 AM

Until a state of herd immunity is reached, mask-wearing, hand washing with soap and social distancing will have to necessarily remain. (Photo: PTI)

Patralekha Chatterjee | Halt Covid complacency: Be vigilant, keep all safe

If we become complacent, and drop our guard, infections can rise. That affects us all

25 Mar 2021 4:17 AM

Union Home Minister Amit Shah with Union Finance Minister Nirmala Sitharaman and Home Secretary Ajay Kumar Bhalla during the first National Implementation Committee meeting on 75 years of Independence, in New Delhi on November 25, (PTI /Shahbaz Khan)

Aakar Patel | Looking at the future in fear as economy goes into ‘de-growth’

India’s economy has contracted for six months since Prime Minister Narendra Modi called for the harshest lockdown in the world

01 Dec 2020 10:07 AM

ASEAN, 8 other countries call for strengthening regional supply chains. (Representative Image- AFP)

ASEAN countries, 8 others including India to strengthen regional supply chains

The ministers have finalized an ASEAN Digital Integration Index, which maps readiness for an integrated digital economy among ASEAN members

30 Aug 2020 10:37 AM

Public sector banks will need Rs 2.1 lakh crore to plug capital shortfalls: Moody's

Moody's base case assumes a sharp contraction in the Indian economy in fiscal 2021 before returning to modest growth in fiscal 2021

21 Aug 2020 2:06 PM

India's economy seen slowing rapidly even before coronavirus outbreak. (PTI Photo)

Even before Covid19, India's economy was slumping

The economy grew by 3.1% in Jan-Mar quarter of 2019-20, against 5.7% at the same time a year ago, the slowest growth in at least eight years

30 May 2020 11:17 AM

Indian economy to contract in FY21; lockdown compounds economic challenges, says Moody's. (PTI Photo)

Economic damage for India from lockdown to be significant, says Moody's

Indian economy already was growing at its slowest pace in six years and with the stimulus measures falling short of expectations

22 May 2020 2:06 PM

India’s automakers have warned that total automobile sales could fall as much as 45% in the current fiscal year. (PTI Photo)

India's automakers warn of up to 45% sales drop as economy slumps amid pandemic

India’s auto industry is already reeling, with sales of cars, trucks and motorbikes falling 18% last fiscal year to 21.5 million vehicles

12 May 2020 10:42 AM

India's rating outlook reflects rising risk of slower GDP growth, low policy effectiveness. (PTI Photo)

India's rating outlook reflects rising risk of slower GDP growth: Moody's

The agency pointed out that the negative outlook reflects increasing risks that economic growth will remain significantly lower than in past

08 May 2020 11:55 AM

Covid19 hit South Asia very hard, worst economic performance in 40 years says World Bank. (PTI Photo)

World Bank estimates worst economic slump in South Asia

The dire economic effects are already much in evidence, with widespread lockdowns freezing most normal activity

12 Apr 2020 9:57 AM

The global economy is expected to slump into recession in 2020 says RBI. (PTI Photo)

Virus has sharply altered India's economic recovery: RBI

India’s economy expanded at its slowest pace in more than six years in the last three months of 2019

10 Apr 2020 12:18 PM

ADB expects India's economic growth to slow down to 4%. (Photo- PTI)

ADB expects India's economic growth to slow down to 4 pc in FY21

After a disappointing 2019, growth in the region (Asia and Pacific) is expected to slow sharply to 2.2 per cent in 2020

03 Apr 2020 10:58 AM

The Centre for the Monitoring of the Indian Economy says that corporate sales declined by 1.2 per cent in the October-December 2019-20 quarter (having declined by 2.8 per cent before that) and profits before tax shrunk by 10 per cent (compared to a shrinkage of 60 per cent in the previous quarter).

A bad time for India, but with bad leadership

Outside of the formal sector, data has been difficult to collect credibly in India.

01 Mar 2020 4:24 AM

Federal Reserve Chairman Jerome Powell. (Photo: AP)

Fed likely to keep interest rates on hold, focus on balance sheet

Fed is expected to soon decide how much longer it will continue its current practice of buying USD 60 billion a month in US Treasury bonds.

29 Jan 2020 1:05 PM

New thinking is needed, Band-Aids won’t suffice

The government has been firefighting since FY 2019 using mostly Band-Aids of the cheapest kinds.

29 Jan 2020 2:26 AM

A man sleeps at a night shelter for poor and homeless people, in New Delhi, in the cold morning hours. (Photo: AFP)

‘Time to care’ about economic inequality in India

The creamy layer of the world population has collectively generated an enormous amount of wealth in the past 20 years.

28 Jan 2020 2:57 AM

The new stagflation challenge

Stagflation has also made it harder for the RBI to boost economic growth by using monetary tools like interest rate cuts.

15 Jan 2020 1:47 AM

RBI pegs GDP down to 5 per cent, no rate cut

The policy repo rate since February was cut in every policy, cumulatively easing by 1.35 per cent or by 135 basis points to 5.15 per cent.

06 Dec 2019 3:22 AM

Once coverage is good, the next phase can consist of providing shelter and transportation to the needy which can of course be followed by other basic needs such as healthcare, education and clothing that are also infrastructural issues.

And welfare for all: Choosing happiness over populism

The focus here is not solely on economic growth but on economic growth plus happiness, and needs an incremental approach.

27 Nov 2019 2:21 AM

India Ratings and Research has revised its GDP growth forecast for FY20 to 5.6 per cent. This is the fourth revision and has come in after the agency had revised its FY20 GDP growth forecast only a month ago to 6.1 per cent, the rating agency said in a statement.

India GDP growth in Q2 at 4.7 pc; FY20 forecast at 5.6 pc: Report

The Indian economy expanded 5 per cent in April-June, its slowest annual pace since 2013.

26 Nov 2019 3:57 PM

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Columns

Ranjona Banerji

economic growth