Tag: GDP growth

India’s GDP growth stands at an 11-year low at 4.2% in FY20

NEW DELHI:India’s economic growth slowed to 3.1 per cent in January-March and to an 11-year low of 4.2 per cent for the full fiscal 2019-20 amid a drop in consumption and investment. The Gross Domestic Product (GDP) growth stood at 5.7 per cent in the corresponding quarter of 2018-19, according to data released by National […]

India may see 0% GDP growth this fiscal year: Moody’s

MUMBAI: The impact of the coronavirus outbreak will exacerbate the material slowdown in India’s economic growth, with the country expected to see 0% expansion in the current fiscal year, analysts at Moody’s said on Friday. The ratings agency said it expected India to see no growth in financial year 2021 and bounce back to a […]

5% GDP growth in Q1 a surprise, but government’s steps will help economy: RBI Governor

NEW DELHI: RBI Governor Shaktikanta Das on Monday termed the low GDP growth of 5 per cent as a “surprise” but expressed confidence that the economy will look up with a host of measures taken by the Narendra Modi government. He further said that the RBI has been cutting rates to give a boost to […]

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