Tag: GDP
GDP Sees Unprecedented Freefall In Q1FY21, Contracts By 23.9%
The Covid-19 pandemic-induced economic turbulence, along with measures to curb its outbreak, heavily dented India's economy and plunged the country's GDP by (-) 23.9 per cent during the first quarter (Q1) ended June 2020-21 on a year-on-year basis. ....
Tejashwi Says Nitish Kumar Unable To Fill 4.5 Lakh Vacant Posts In Bihar Govt
The Rashtriya Janata Dal (RJD) in Bihar has attacked Chief Minister Nitish Kumar for his failure to generate employment in the state. ....
Increase Infrastructure Spending To Revive Economy: Chidambaram
Former Union Finance Minister P. Chidambaram has advised the government to increase spending in infrastructure to revive the Indian economy, as the GDP has contracted by 23.9 per cent in the first quarter of the 2020-21 fiscal. ....
Pakistan's First Ever Metro Train Service Begins Commercial Operation
Pakistan's first ever metro train service, the Orange Line, has started its commercial operation in Lahore. ....
Stimulus 3.0: Centre Pushes Jobs And Infra, Expands Support To Rural Sector
Announcing a fresh round of stimulus package and terming it as 'Atmanirbhar Bharat 3.0', Finance Minister Nirmala Sitharaman laid down a total of 12 new measures to support the economy and industry, ranging from employment generation, collateral-free credit for stressed sectors to subsidised fertiliser for farmers. ....
I Hope Next Quarter Will Take GDP In Plus Direction: Amit Shah
Union Home Minister Amit Shah on Monday said he hoped that the next quarter of the financial year will take the GDP in the plus direction. He was speaking at a virtual public dedication ceremony of two flyovers in Ahmedabad connecting Rajkot and Gandhinagar, built at a cost of around Rs 70 crore. ....
Rupee Appreciates Amid Robust FII Inflow
The rupee strengthened on Tuesday on the back of weakness in the dollar index and heavy inflow of foreign institutional investments (FIIs).....
US Economy Suffers Worst Contraction In 74 Years
The US economy contracted 3.5 per cent in 2020 amid the raging Covid-19 pandemic, the worst annual decline of the country's gross domestic product (GDP) since 1946, according to data released by the Commerce Department. ....
India's GDP Expected To Grow By 8.5% YoY In Q2FY22: Acuite
India's Q2FY22 GDP is expected to grow by 8.5 per cent on a year-on-year (YoY) basis amid support from a favourable base, Acuite Ratings and Research said. ....
RBI Keeps Rates Unchanged; FY23 GDP Growth Seen At 7.8%. Here Are The Top Takeaways
The Reserve Bank of India (RBI) on Thursday retained its key short-term lending rates during the sixth and final monetary policy review of FY22. ....
