GOLDMAN SACHS: INDIA’S ECONOMY MAY CONTRACT BY 45% IN THE JUNE QUARTER

Highlights

• A 5% fall in GDP is projected for 2020-21 
• It will be deeper compared to all recessions India has ever experienced.

Goldman Sachs on Sunday said in the June quarter, India’s eco...

COVID – 19 PANDEMIC COULD PUSH AT LEAST 260 MILLION INDIANS INTO POVERTY: RESEARCH

Highlights

• Due to the nationwide lockdown, hundreds of millions of its citizens struggle to make out a living.
• As a result, Indians who are presently close to the poverty line are at risk of becoming the new poor.

According to the U...

ECONOMIC FALL WILL BE DETERMINED BY THE CORONAVIRUS: SWAMINATHAN AIYAR

Highlights

• He discussed the likely scenarios depending upon the length of time for which coronavirus spread prevails 
• The economic fall will no longer be determined by the government and central bank policies  

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Would 'MARIE ANTOINETTE' Of The Economy of India Change It?

On a December morning when resistance individuals from Parliament addressed Indian fund serve Nirmala Sitharaman about the measures the administration was taking to battle the rising costs of onions, her appearance turned hateful. "I originate from a family that doesn't eat a lot of onio...

2019 has turned out to be a bad year for the economy of India

With the recession, job loss and companies winding up operations, 2019 has turned out to be a bad year for the economy of India. In the second quarter, the GDP growth rate fell to its lowest for six years. The estimates released by the Central Statistics Office (CSO) revealed that India's GDP...