The estimate is a lot worse than the minus 7.7 per cent that the National Statistical Office had forecast in its first advance estimate of national income...
In India, growth is expected to recover to 5.4 per cent in 2021, as the rebound from a low base is offset by muted private investment growth given financial sector weaknesses...
It’s the Prime Minister’s mismanagement of the economy that has seen GDP growth plunge to minus 23%, snuffing out millions of jobs across the country, the Opposition believes...
In the apex bank’s baseline projection, gross fiscal deficit of the states is expected to widen beyond 4% of GDP in 2020-21 against the budgeted 2.8%...