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Vaccinating everyone above 18 to cost just 0.36% of GDP: Ind-Ra

Vaccinating everyone above 18 to cost just 0.36% of GDP: Ind-Ra

🕔06:33, 23.Apr 2021

New Delhi, April 23  Vaccinating everyone above 18 in the phase III of the inoculation drive will cost only about 0.36 per cent of the GDP, ratings agency India Ratings and Research said. As the second wave of Covid-19 sweeps

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GDP still likely to grow in double digits during 2021: Moody’s

GDP still likely to grow in double digits during 2021: Moody’s

🕔06:17, 14.Apr 2021

Mumbai, April 14  Impact on India’s economic activity is expected to be less severe than that seen in 2020 due to the focus on “micro-containment zones” to deal with the current wave of Covid infections as opposed to a nationwide

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Mining reforms to increase employment, GDP: Ficci

Mining reforms to increase employment, GDP: Ficci

🕔17:07, 20.Mar 2021

New Delhi, March 20  The reforms in the mining sector will play a fundamental role in enhancing the sector’s contribution to the employment and GDP of the country, and contribute immensely to the vision of an Atmanirbhar Bharat, industry body

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Double digit GDP growth expected in FY22: Report

Double digit GDP growth expected in FY22: Report

🕔11:49, 11.Mar 2021

New Delhi, March 11  As economic activities gather pace and investor sentiments revive, GDP growth is likely to enter a double-digit growth trajectory and may grow at more than 11 per cent in the next financial year, showed a report

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India’s GDP growth to rebound to 11% in FY22: Crisil

India’s GDP growth to rebound to 11% in FY22: Crisil

🕔05:26, 10.Mar 2021

New Delhi, March 10  India’s gross domestic product (GDP) growth is expected to rebound to 11 per cent in fiscal 2022, after an estimated 8 per cent contraction this fiscal, ratings agency Crisil said. Accordingly, the agency cited four drivers

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India’s 2020 GDP contraction estimated at 9.6%

India’s 2020 GDP contraction estimated at 9.6%

🕔15:23, 26.Jan 2021

New Delhi, Jan 26  India’s economy is estimated to have contracted by 9.6 per cent in 2020 due to the coronavirus pandemic. Noting that the COVID-19 crisis has wreaked havoc on labour markets in the developing world, the World Economic

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India’s FY21 GDP now expected to contract by 7.8%: Ind-Ra

India’s FY21 GDP now expected to contract by 7.8%: Ind-Ra

🕔19:14, 24.Dec 2020

New Delhi, Dec 24  India Ratings and Research on Thursday narrowed the contraction in India’s FY21 gross domestic product (GDP) growth to negative 7.8 per cent from a negative 11.8 per cent. Accordingly, the ratings agency pointed out the easing

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Moody’s revises India’s FY21 GDP contraction to (-)10.6%

Moody’s revises India’s FY21 GDP contraction to (-)10.6%

🕔07:23, 20.Nov 2020

New Delhi, Nov 20  Moody’s Investor Service on Thursday revised the contraction rate of India’s FY21 GDP to (-) 10.6 per cent from an earlier estimate of (-) 11.5 per cent. The revision comes days after the Centre announced new

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Conditional fiscal stimulus at minimal 0.2% of GDP: SBI Ecowrap

Conditional fiscal stimulus at minimal 0.2% of GDP: SBI Ecowrap

🕔07:43, 14.Oct 2020

New Delhi, Oct 14  The latest stimulus measures announced by the Centre will lead to a maximum additional cash outgo of Rs 40,000 crore, which is around 0.21 per cent of the GDP during the current fiscal, an SBI Ecowrap

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5G to help add $8 trillion to global GDP by 2030: Nokia

5G to help add $8 trillion to global GDP by 2030: Nokia

🕔16:32, 13.Oct 2020

Helsinki, Oct 13  As Covid-19 accelerates medium and long-term digital investment and value creation, 5G-enabled industries have the potential to add $8 trillion to global GDP by 2030, suggests new research from Finnish telecom gear maker Nokia. The study, however

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India’s economy on a double-digit downswing as Covid-19 cases spike

India’s economy on a double-digit downswing as Covid-19 cases spike

🕔15:31, 21.Sep 2020

New Delhi  (India), September 21 — As India emerges as new global hotspot for coronavirus (Covid-19) pandemic with more than 5 million infections, several global institutions are casting doubts over its economic growth recovery. Official figures show that gross domestic

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DEA cites ‘stringent’ lockdown to justify massive GDP contraction

DEA cites ‘stringent’ lockdown to justify massive GDP contraction

🕔07:40, 5.Sep 2020

New Delhi, Sep 5  As earlier this week India reported a 23.9 per cent contraction in its GDP in the April-June quarter, much higher than it global peers, the Department of Economic Affairs (DEA) which comes under the Ministry of

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Economies across the globe witnessed Covid-led contraction

Economies across the globe witnessed Covid-led contraction

🕔08:12, 1.Sep 2020

New Delhi, Sept 01  While India reported a contraction of 23.9 per cent in the first quarter GDP, the economies across the globe also witnessed a contraction, replicating a negative trend. Here is a look at the global economies. The

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India general govt debt-to-GDP ratio may peak at 89% in FY23: World Bank

India general govt debt-to-GDP ratio may peak at 89% in FY23: World Bank

🕔07:39, 20.Aug 2020

New Delhi, Aug 20  India’s general government debt-to-GDP ratio is set to surge, with a World Bank report projecting the ratio at rising to its peak of 89 per cent in the financial year 2022-23, before gradually declining. The report

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Data and AI may add $500bn to India’s GDP by 2025: Nasscom

Data and AI may add $500bn to India’s GDP by 2025: Nasscom

🕔18:08, 18.Aug 2020

New Delhi, Aug 18  Data and Artificial Intelligence (AI) could add $450-500 billion to the country’s GDP by 2025 and to harness its full potential, India needs to take a coordinated action to enhance data and AI capabilities at scale

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IMF warns on massive fiscal response, soaring public debt

IMF warns on massive fiscal response, soaring public debt

🕔19:25, 11.Jul 2020

New Delhi [India], July 11 — The global public debt is expected to exceed 100 per cent of the GDP in 2020-21 and the average overall fiscal deficit is expected to soar to 14 per cent of the GDP, the

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Credit revival needs fiscal stimulus-led spending : Report

Credit revival needs fiscal stimulus-led spending : Report

🕔18:12, 7.Jan 2020

New Delhi, Jan 7 (IANS) The revival in credit growth in the country is easier said than done and a revival of credit demand in the absence of a large spending-led fiscal stimulus is implausible, broking house Motilal Oswal said on

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‘Howdy, Modi’: PM talks of $5 tn economy, low-cost data, GST

‘Howdy, Modi’: PM talks of $5 tn economy, low-cost data, GST

🕔12:13, 23.Sep 2019

Houston, Sep 23  Describing the changing scenario of the Indian economy and the targets set by the government at the ‘Howdy, Modi!’ event here on Sunday, Prime Minister Narendra Modi spoke of cheap data prices in the country, the Goods

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Fitch cuts India’s 2019-20 GDP forecast to 6.8%

Fitch cuts India’s 2019-20 GDP forecast to 6.8%

🕔20:24, 22.Mar 2019

Mumbai, March 22 Fitch Ratings on Friday cut India’s GDP growth rate projection for the next financial year to 6.8 per cent, from its previous estimate of 7 per cent, on account of weaker-than-expected growth momentum. The US rating agency

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Back series GDP data not official estimates: Statistics Ministry

Back series GDP data not official estimates: Statistics Ministry

🕔10:29, 20.Aug 2018

New Delhi, Aug 20  In the light of a controversy over back series GDP numbers published this week showing that the Indian economy performed better during previous UPA rule, the government said on Sunday that these are “not official estimates”

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