Posts tagged with economy

India’s Economy Out Of Technical Recession
Feb 2021 , by in News/Views

India's gross domestic product (GDP) for the third quarter (Q3) ended December 2020 stood at 0.4 per cent, government data released on February 26th showed. "GDP at constant (2011-12) prices in Q3 of 2020-21 is estimated at Rs 36.22 lakh crore, as against Rs 36.08 lakh crore in Q3 of 2019-20, sho... Read more...

India On Verge of Seeing Near-Full Recovery
Feb 2021 , by in News/Views

Nomura’s India Business Resumption Index (NIBRI), a measurement for tracking the extent of normalisation in the economy, has hit 98.1 points during the fortnight ended February 14. The measure may very well hit the 100 mark, which will signify full recovery by the end of this month. “The cont... Read more...

Thailand economy shrinks most since 1997
Feb 2021 , by in INTERNATIONAL

Thailand's pandemic-shattered economy suffered its worst full-year performance in more than two decades, data showed on 15th February, with citing the toll of both a gutted tourism industry and ongoing political upheaval. Last year's 6.1 percent contraction was the worst since a 7.6 percent... Read more...

Economic Survey 2021
Feb 2021 , by in Interviews

Dr. Niranjan Hiranandani, President, NAREDCO The relevance of infrastructure investments by the Government as an integral part of the economy’s bounce-back, as also the aspect of fiscal multipliers being much higher in a recession/slowdown than during peaks were among the important points made ... Read more...

India To Achieve $5 Trillion Economy: IMF
Jan 2021 , by in News/Views

With International Monetary Fund (IMF) projecting that India will reclaim the status of world's fastest-growing economy and projected its growth at 11.5 per cent in 2021, Commerce and industry minister Piyush Goyal termed the IMF projections for India as "Bright star in the global economy." Chara... Read more...

YEAR 2021 NEW PERSPECTIVES NEW ASPIRATIONS
Jan 2021 , by in News/Views

LITERALLY AND FIGURATIVELY, THE REAL ESTATE SECTOR HAS BEEN THE  TALK OF THE TOWN THIS YEAR. REFORMIST POLICY ANNOUNCEMENTS,  PROGRESSIVE RATE CUTS, ALL TIME LOW HOME LOAN INTEREST RATES,   REMOTE WORKING OPENING UP NEW RESIDENTIAL MARKETS AND SURGE  IN FIRST TIME HOME BUYERS DEMAND HAVE PUS... Read more...

EXPECTATIONS FOR A BIG BANG BUDGET
Jan 2021 , by in News/Views

VARIOUS INDUSTRIES HAVE COME UP WITH THEIR OWN SET OF DEMANDS BUT ONE DEMAND THAT REMAINS UNEQUIVOCAL FROM INDIAN INC. IS TO BRING BACK THE REQUIRED LIQUIDITY AND PUT THE ECONOMY ON TRACK. BY: SAPNA SRIVASTAVA As the Union Budget 2020-2021 is all set to be presented next month, expectations fr... Read more...

Avoid Sharp Fiscal Tightening In FY2022: ICRA
Jan 2021 , by in News/Views

In FY2022, sharp fiscal tightening should be avoided by both the Centre and the state governments as it would temper the much-awaited economic recovery, said ICRA Principal Economist Aditi Nayar. A revenue deficit of 3.5 percent of GDP and a fiscal deficit of around 5 percent of GDP for the Gove... Read more...

NAREDCO Pre Budget Recommendations
Jan 2021 , by in News/Views

The ‘wish list’ for Union Budget 2021 presented by real estate body NAREDCO, includes measures to combat the economic crisis and result in upward growth trend -: - Rationalization of Tax - Enhancing loan to value (LTV) ratio up to 90 per cent across the board for home loans for affordable hou... Read more...

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