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India's GDP To Be 1-2% In Q1FY21: Chief Economic Advisor
For the first quarter of FY21 as the lockdown remains in force from March 25 to now May 17 CEA K V Subramanian said the GDP will contract to meager 1-2%.And thereafter in the second quarter ending September some growth can ...
India S Gdp To Be 1 2 In Q1fy21 Chief Economic Advisor
Fitch Revises India's Growth Forecast To 0.8%, Moody's To 0.2%
Due to the Covid 19 outbreak and the subsequent lockdown to contain its spread, global ratings firm Fitch said weaker growth puts India's sovereign rating of BBB- in threat. Also, the agency sharply cut its growth forecast for the ongoing financial ...
Rupee Opens At Its Weakest At 74.95/US Dollar
On March 19, 2020, the Indian rupee opened at its weakest at 74.95 per US dollar, down almost 69 paise against previous close of 74.26. The weakness comes on the back of weak equities as well as gains in the dollar. ...
GDP Growth For Q3FY20 At 4.7%
GDP data for the third quarter is a positive surpise at 4.7%.GVA or gross value added is20 basis points lower at 4.5%. For the FY20, the GDP estimate remains static at 5%.  Mining sector growth comes in at 3.2% Y-o-y. Farm ...
Gdp Growth For Q3fy20 At 4
Advance GDP Estimates For FY20 To Be Released Today
If the strike rate is of any cue, the first advance estimates of GDP for the 2019-20 period slated to be released today shall nowhere be closer to actual. In the wake economic slump which saw GDP cracking down ...
Advance Gdp Estimates For Fy20 To Be Released Today
Moody Cuts India's GDP Forecast For FY 20 To 4.9% From 5.8%
As India's growth has been languishing and in the September ended quarter of the current financial year it reported a growth rate of just 4.5% in comparison to the 5% figure recorded for the earlier quarter, Moody's Investors Service on December ...
Q2 GDP Growth To Be Still Below 5%
Even as the finance ministry has been doing all its bit to promote and boost investment, India for the second half until September 2019 may report a GDP number below 5%. On Monday, IIP data revealed saw industrial output contract to ...
Q2 Gdp Growth To Be Still Below
Finance Ministry Responds To Moody’s Negative Outlook On India
On Friday, international rating agency Moody's Investors Service, downgraded India's credit rating to "negative" from "stable" on concerns over the country's economic growth to remain lower than the past. The foreign-currency and local-currency long-term issuer ratings were unchanged at Baa2. ...
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