Tag: India S Economic Growth

As India battles the severe second wave of Covid-19 and the states undergo lockdowns, Barclays has cut its growth estimate for India for the current financial year to 9.2 per cent from its earlier estimate of 10 per cent.

New Delhi: The government Thursday pegged the growth rate for the current fiscal at 7 per cent, marginally up from the five-year low of 6.8 per cent recorded in the previous fiscal. According to the Economic Survey for 2018-19, tabled by Finance Minister Nirmala Sitharaman in the Rajya Sabha, “real GDP growth for the year […]

Mumbai: India’s economic growth is likely to slow down further to 5.7 per cent in the April-June quarter of this year due to low consumption, weak investments and an under-performing service sector, said a Nomura report. The economy, however, is expected to see some recovery in the July-September quarter, the report added. It attributed the […]

Davos: The IMF on Monday lowered India’s economic growth estimate for the current fiscal to 4.8 per cent and listed the country’s much lower-than-expected GDP numbers as the single biggest drag on its global growth forecast for two years. In October, the International Monetary Fund (IMF) had pegged India economic growth at 6.1 per cent […]