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CORONAVIRUS IMPACT ON GDP
SBI report says third coronavirus wave could be as severe as the secondSBI economists have predicted that the FY22 economic growth will come in at 7.9%, a sharp reduction from its earlier estimate of 10.4% grow...
Next 10 years make-or-break decade for Indian economy: EconomistsIf everything goes according to plan, India will be able to reap the fruits of its favourable demography over 2030s and 2040s, before she l...
Hope GDP will return to positive territory in the next quarter, says Home Minister Amit ShahPrime Minister Narendra Modi worked hard for the economic recovery and had also announced a package after the crisis due to coronavirus, Sh...
US Congressional Budget Office projects virus impact could trim GDP by $15.7 trillionCBO, which had already issued a report forecasting a severe economic impact over the next two years, expanded that forecast to show that th...
COVID-19: Indian's economic growth likely to decline by 200 bps in FY21, says Yashwant SinhaSinha, who has been quite vocal about the Modi government's policies in the last couple of years, noted that the Indian economy has been on...
Economic growth may fall sharply to 2.6 per cent in 2020-21: SBI EcowrapAccording to a report by SBI Research's Ecowrap, GDP growth for 2019-20 could also see a downward revision from 5 per cent to 4.5 per cent,...
Coronavirus outbreak: Bimal Jalan pitches for fiscal stimulusJalan highlighted that India's macroeconomic situation was already troublesome and the growth would be impacted further due to the COVID-19...
A month's shutdown to shave off 50 bps from India's GDP: BofAThe report factored in extension of shutdowns to contain the COVID 19 virus outbreak into April-end from mid-April.
Why is coronavirus seen as such a big threat to economy?There are expectations that the loss in trade, tourism, and fresh investment can drag GDP growth.
UBS cuts India GDP growth forecast to 5.1 pc for FY21The brokerage's economist Tanvee Gupta Jain said even though there are only over 50 positive coronavirus cases in India so far, the fear an...
ArcelorMittal fears sales, profitability getting impacted in 2020 on coronavirus spreadThe Luxembourg-headquartered company is the world's largest steel producer with steel-making operations in 18 countries on four continents,...
Coronavirus fall to have minimal impact on India's GDP: ReportThe Carona virus is slowly spreading to the rest of the world which was largely concentrated in China, and is expected to have adverse econ...
OECD lowers India's FY21 GDP growth to 5.1 pc on coronavirus concernsAccording to the latest OECD forecasts, India's real GDP growth is expected at 5.1 per cent.
Will coronavirus & tepid GDP hurt your appraisal? Here are the trends for this yearThe 24th edition of Aon's annual Salary Increase Survey in India shows that while e-commerce and professional service firms are expected to...
GDP growth to stay flat at 4.5 per cent in October-December: SBI economistsThe GDP growth will stay flat at 4.5 per cent in the October-December 2019, economists at SBI have said.
Coronavirus may drag global GDP by 1 percentage point if containment delayed beyond June: ReportThe data shows that at least 220 Indian firms have legal linkages with around 350 companies in China. Of these 220 Indian companies, 58 per...
Coronavirus outbreak to hit global growth; to have limited impact on India: RBI GuvOnly few sectors are likely to see some disruptions but alternatives are being explored, the RBI governor said.
Singapore downgrades GDP forecast to 0.5% due to coronavirus outbreakSingapore has downgraded its gross domestic product (GDP) forecast for 2020 to around 0.5 per cent, the mid-point of a new estimated range ...
Coronavirus to have larger impact on global economy than SARS: IHS MarkitThe virus has brought large parts of the world's second largest economy to a standstill and its impact was felt across industries. London-b...
Contingency plan needed to deal with impact of coronavirus: RBI Guv DasRBI in a statement said the outbreak of coronavirus in China and its spread across geographies will impact tourist arrivals and global trad...