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The deeper trough in Q2 (June quarter) forecasts reflects extremely poor economic data received so far for March and April, and the continued stringent lockdown measures, says Goldman Sachs

On its part, the Reserve Bank of India (RBI) did try to ease the liquidity crisis among MSMEs through a string of measures on April 17, but suggestions coming from Congress go much beyond solving the liquidity crisis

P. Chidambaram, Meghnad Desai, Bimal Jalan, D. Subbarao, and Junaid Ahmad on how to get the GDP going

Barclays recognises coronavirus has not officially reached community transmission stage, it believes existing restrictions on movement are causing much more economic damage than anticipated

To an economy passing through demand depression and high unemployment, the lockdown would add supply-side stress, accelerating the slowdown further and jeopardising the economic wellbeing of millions

National Statistical Office has revised first quarter GDP growth numbers from 5 per cent to 5.6 per cent and second quarter numbers from 4.5 per cent to 5.1 per cent -- growth rate of both quarters revised upwards 60 basis points

Due to some improvement in many high-frequency indicators in the October-December quarter, it seems the deceleration in the economy has stopped and also bottomed out

Despite these somewhat positive numbers, current economic indicators suggest the economy may still not be out of slumber; some improvement was seen in October and November but many high-frequency indicators showed negative growth in December

India's GDP growth will remain flat at over six years low of 4.5 per cent in Q3 of FY2019-20, says SBI Ecowrap report

Stock Market Updates on Budget day: In terms of sector, except IT, all the other indices were declining on a continous basis. While realty index declined over 7.5%, media shares fell over 4.4%.

Budget 2020: Economists suggest India's real GDP growth would weaken further in Q3 of the financial year due to slow economic activity in the first two months of the second half. The last time India witnessed a GDP growth of less than 5 per cent was in the fourth quarter of FY13 when it grew at 4.3 per cent

Part II of this two-part series looks at another area of off-budget financing that has escaped CAG's attention - 'strategic disinvestment' in CPSEs the tabs for which are picked by other CPSEs. This is worrisome as it threatens to jeopardise financial health of many CPSEs, including the 'navaratnas' for short-term fiscal gains

Part II of this two-part article looks at some of the solutions that present themselves and address the pressing concerns of raising income and demand - that include raising minimum wages, expanding the job guarantee scheme, higher government investment in infrastructure etc. both as short-run and long-run measures

The Central government would do well to spend more, keeping fiscal consolidation aside when consumption demand is depressed and unemployment is high, leading to a fall in industrial production, profits and investments.Part I of this two-part series looks at the ground realities from a policy perspective and solutions that always existed but received inadequate attention of policymakers

For the next financial year (2020-21), the government is aiming at 10.5 per cent nominal rate of growth of the economy, and from 2021-22 onwards, it expects the growth rate to be upwards of 12 per cent

While GVA growth improved, the report said the economy was still not out of bounds and showed no sign of recovery in the first two halves of the fiscal year

Private transfer receipts, which primarily represent remittances by Indians employed overseas, rose to $21.9 billion during the September quarter, increasing by 5.2 per cent from their level reported in the previous year

Fitch said growth will gradually recover to 5.6 per cent in FY21 and 6.5 per cent in the following year with support from easing monetary and fiscal policy and structural measures

Subramanian explains how after the NBFC crisis, banks turned cautious and stopped lending to small businesses, leading to a major fall in credit flow from Rs 20-lakh crore in FY19 to 'virtually nothing' in current fiscal