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India’s Fiscal Deficit Could Be 7.6% of GDP In FY 2021
In its EcoScope report - 3QCY20: India's Quarterly Economic Outlook, Motilal Oswal Financial Services Ltd. (MOFSL) cited that central government's fiscal deficit could be at Rs 14.6t (or 7.6% of GDP) in FY21 on account of an 18% YoY contraction in ...
India S Fiscal Deficit Could Be 7 6 Of Gdp In Fy

Moody's Slashes India's GDP Growth Projection To -11.5% For FY21
On Friday, Moody's Investors Service revised its economic growth projection for India for the current fiscal to (-) 11.5 percent, from (-) 4 percent estimated earlier. It said India's credit profile is increasingly constrained by low growth, high debt burden and ...
CRISIL Raises India's GDP Contraction Estimate For FY21 To 9%
On Thursday, rating agency CRISIL said in its report that it projects the Indian economy to contract by 9 percent in the financial year 2020-21 as the coronavirus infections are yet to peak and the government is not providing adequate direct ...
Crisil Raises India S Gdp Contraction Estimate For Fy21 To
FY 2021 GDP May Contract 11.8 Per Cent: India Ratings
Rating agency, India ratings has revised its ratings for the country further downwards to 11.8 per cent in FY 2021. The quantum of negative gross domestic product (GDP) growth of 23.9% recorded in 1QFY21 is much higher than India Ratings and ...
Real GDP Could Decline 5% In Second Quarter Of FY 2020-21
India's real GDP could decline as much as 5 per cent in the second quarter, Motilal Oswal Financial Services has said in its latest report. "Our in-house Economic Activity Index (EAI) for India's real GVA (called EAI-GVA) contracted 5.6% YoY in ...
GDP Likely To Contract By 10.9% in FY 2020-21: SBI Report
After the official data on GDP (gross domestic product) for the April-June period showed that the country's economy contracted by 23.9 percent, SBI's research report- Ecowrap said that real GDP for the financial year 2020-21 is expected to shrink by 10.9 ...
Sensex Trades Higher Post Q1 GDP Numbers
Benchmark indices were trading higher, following easing of tensions on the India-China border and also post GDP Numbers. The market took the growth numbers in its stride, though the contraction of 23.9 per cent in GDP, was worse than expected. ...
Sensex Trades Higher Post Q1 Gdp Numbers
Second Quarter FY 2021 May Also See A GDP Contraction
After the first quarter GDP came in at worse than expected contraction of 23.9 per cent, it is highly possible that the second quarter would also show a contraction. "Going forward, it appears that Jul'20 was worse than Jun'20 and ...
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