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IMF estimates a CA deficit of about 2.5% of GDP financeable over time, says India's external debt moderate vs other emerging market economies, but rollover risks remain elevated in short term
In a presentation given to PM @narendramodi & Fin Min to revive economy, @NITIAayog highlights that in FY21 GDP is likely to see a contraction of 5.1% and also expects no increase in the GDP levels for over two years
India's real GDP could have shrunk by 5% in July: Report @suchetadalal @Moneylifers @yogtoday
The MPC meets in the background of perhaps the largest decline in GDP in India. Should it follow the conventional approach? Sameer Narang, Chief Economist at Bank of Baroda, explains ⤵️ @bankofbaroda #PersonalFinane #MPC #RBI #Economy
UOB - Thailand Daily: Tuesday, August 04, 2020: Strategy Alpha Picks: August Portfolio Focusing on corporate earnings and GDP growth in 2Q20; take profit on SCC and KCE (SELL). #equity #stocks
According to economists at BofA Securities India, this high lending rate is main reason for the steeply falling credit flows, which conversely also point to a deeper GDP contraction, accentuated by #COVID19Pandemic
#RestartingIndia | @pravchak says no one can predict economic growth based on GDP currently
The govt has identified eight sectors including textiles, leather, agriculture and gems & jewellery where transportation and warehousing issues will be resolved as part of a mega plan to reduce logistics costs to 10% of GDP from 13-14% now
Coming Up At 6:15 pm | 'We cannot borrow from our grandchildren… can’t afford deficits like USA & Japan' says RBI Board Member & Chairman of TeamLease Manish Sabharwal. He also believes rural economy, which contributes 14% to GDP, can’t be enough to spur growth Stay tuned!
ING - Thai central bank has reasons but no room to ease policy: We cut our view of Thailand's GDP growth in 2Q20 from -8.3% to -12.8% and for full-year 2020 from -5.4% to -6.6%. The Bank of Thailand has all the more reasons to ease but no room left to do…
Deficit financing is the “only way to go” to stay afloat, to restore FY20 top-line GDP and to avoid drift down to 1991-2000 levels! There’s bandwidth in RBI balance sheet for asset expansion, and there’s system liquidity to feed higher fiscal deficit! Need high focus actions!