gdp

The government will approach market for additional Rs 80,000 crore to fund the FY21 fiscal deficit, said the Finance Minister.

DK Mishra, a market expert, said that COVID-19 pandemic has impacted worldwide economies in a big way but Indian economy has come out of initial hits due to measures taken by government and strong consumer demands.

Fitch said the medium-term recovery will be slow. "Supply-side potential growth will be reduced by a slowdown in the rate of capital accumulation - investment has recently fallen sharply and is likely to see only a subdued recovery."

Pandemic-induced lockdowns and restrictions have been eased in varying levels in the region with merchandise exports rebounding quickly from substantial declines in the second quarter.

Her address comes a day after the Centre approved a Rs 2 lakh crore production-linked incentive (PLI) package to boost demand in India.

The IMF graph projects that the per capita GDP of both India and Bangladesh would be at USD 1,888 for 2020.

The IMF graph projects that the per capita GDP of both India and Bangladesh would be at USD 1,888 for 2020.

Current inflation hump transient; agriculture outlook looks bright, oil prices to remain rangebound, said RBI Governor Das

S&P had earlier forecast India''s economic contraction at 5 per cent. It said the 23.9 per cent contraction in the April-June quarter was larger than expected.

"The poor population employed in the unorganised sector depends on daily income. The government attacked them with the coronavirus-induced lockdown," said Rahul Gandhi