Indian economy to grow at 9.5% in 2021, 8.5% in 2022: IMF - India's economy had contracted by 7.3 per cent in 2020 due to the impact of the COVID-19 pandemic.
India, China, S Africa fared relatively better than other major economies in Q1 of 2021, says UN
The Global Trade Update by the United Nations Conference on Trade and Development (UNCTAD) on Wednesday said that in Q1 2021, the value of global trade in goods and services grew by about 4 per cent quarter-over-quarter and by about 10 per cent year-over-year
PTI | May 19, 2021 | Updated 11:34 IST
India, China and South Africa have fared relatively better than other major economies in imports and exports in the first quarter of this year, according to the latest UN data which said that global trade recovery from the COVID-19 crisis hit a record high during in the same period.
Updated Jan 26, 2021 | 12:00 IST
United Nations Department of Economic and Social Affairs said the world economy was hit by a once-in-a-century crisis a Great Disruption unleashed by the COVID-19 pandemic in 2020 Indian eco estimated to grow at 7.3% in 2021: UN | Photo Credit: Thinkstock
India s economy is projected to grow at 7.3 per cent in 2021, even as it is estimated to contract by 9.6 per cent in 2020 as lockdowns and other efforts to control the COVID-19 pandemic slashed domestic consumption, the UN has said.
The World Economic Situation and Prospects 2021, produced by the United Nations Department of Economic and Social Affairs (UN DESA), said the world economy was hit by a once-in-a-century crisis a Great Disruption unleashed by the COVID-19 pandemic in 2020.