The economic growth may slip further to 8.2 per cent in the severe situation when the second wave of the pandemic peaks by June-end
The report noted that the sectors which will continue to lead hiring this quarter will be IT and healthcare
Those with adequate savings, including pensioners and senior citizens, would want the rates to be higher rather than lower. However, economics is conc
If the second surge of infection spreads to the villages in a major way, agriculture, which was the only bright spot in a picture of gloom last year,
Cash in circulation as a share of the GDP had gone down to 8.26% in 2016-17 as a result of the demonetisation before it began rising again
Nomura said its cut in the GDP growth estimate is reflective of a larger lockdown-led loss of sequential momentum in the June quarter
S&P saw GDP growth rate dropping to 9.8% under the 'moderate' scenario, where infections peak in May, and falling to as low as 8.2% in 'severe' scenar
Admitting that the second wave of the pandemic has posed a downside risk to economic activity in the first quarter of FY2021-22, the report said "ther
Fitch Solutions said its less optimistic view on the Indian economy was also reflected in its real GDP growth forecast of 9.5 per cent in FY22
India has been witnessing a severe second wave with daily new cases more than 3.5 lakh for the past 9 days