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#IDD | Is a second economic booster shot, the need of the hour? Will a fresh stimulus help stem #GDP contraction? Watch the #6MonthOfLockdown economy report here 👇 @TamannaInamdar @MGovindaRao12 @ficci_india
#Fed call for more stimulus 'has a point' given the US has so far committed only 15% of GDP to fiscal relief, one strategist says
But it’s extraordinary (C-19) situation when sacrosanct parameters have turned impractical - FRBM (deficit <3.5%), inflation targeting (CPI <6%), GDP hygiene (growth >6%). Comfort is from hope of nominal growth rate staying above MCLR in FY22! Lots of if’s & but’s in play!
The Indian economy will experience a record contraction in the fiscal year to March 2021 on account of the global COVID-19 pandemic but real GDP will recover significantly in FY22, rating agency Standard and Poor’s said by @SwatiBhat22
We are now forecasting that YoY growth will remain negative through Q2, Q3 and Q4 at -12.7%, -8.6% and -6.2% respectively. For the year as a whole 2020-21 GDP will decline by 12.6%: National Council of Applied Economic Research
Stable Rating The global rating agency, S&P affirms India’s ‘BBB-/A-3’ rating with a stable outlook. India’s outlook remains stable as the economy is expected to recover post-COVID. The global rating agency expects India's real GDP growth to recover from fiscal 2021 onwards.
S&P on India: Forecast overall net general Government debt will rise to over 90% of #GDP this year. Expect Govt to issue additional Rs 20,000 cr in recap bonds.
Ratings agency S&P affirms India's credit rating at 'BBB-/A-3' with a stable outlook. S&P expects India's real GDP growth to recover from fiscal 2021 onwards. @latha_venkatesh reports. @ShereenBhan
S&P On India | Expects India's real GDP growth to recover from fiscal 2021 onwards
#BREAKING | S&P on India: Forecast overall net general Government debt will rise to over 90% of #GDP this year. Expect Govt to issue additional Rs 20,000 cr in recap bonds
Really sad state of affairs. Media should be covering real issues like falling Economy and GDP, Job losses, Covid situation, Framers distress. So many real issues affecting our lives but they choose to show this circus.
S&P on India: Expect #India's real #GDP growth to recover from fiscal 2021 onwards. Weak fiscal setting to worsen more this year constraining Govt's ability to aid economy (From Agencies)
MS On Manufacturing Manufacturing In India At An Inflection Point Policy Actions, Changing Trade Relations & Transition To Multipolar World Key Reasons Est Manufacturing Pie To Increase 3x In Next 10 Yrs & Share Of GDP Will Rise To 20% By FY30 @latha_venkatesh @ShereenBhan