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India s retail inflation probably rose in Feb as fuel, food prices went up

India s retail inflation probably rose in Feb as fuel, food prices went up
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Larry kingManzer hussainSujith paiRicha rebelloSakshi guptaShilan shahMonetary policy committeeReserve bankPolicy committeeலாரி கிங்மஞ்செர் ஹுசைன்சுஜித் பைரிச்சா ரேபிெல்லோசாக்ஷி குப்தாபண பாலிஸீ குழுஇருப்பு வங்கி

India s economy exits from recession, recovery seen gathering pace

4 Min Read NEW DELHI (Reuters) - India’s economy returned to growth in the three months to December and the recovery is expected to gather pace as consumers and investors shake off the effects of the coronavirus pandemic, economists said. FILE PHOTO: Commuters wearing protective face masks travel in a suburban train after authorities resumed the train services for all commuters after it was shut down to prevent the spread of the coronavirus disease (COVID-19), in Mumbai, India, February 1, 2021. REUTERS/Hemanshi Kamani/Files Fiscal and monetary policy could boost India’s recovery prospects, they said, amid signs of a pick-up in consumer demand and government spending.

Gareth jonesAftab ahmedAnuron kumar mitraCatherine evansManoj kumarNarendra modiSakshi guptaNidhi vermaThomson reuters trust principlesNational statistics office onMinister narendra modiNational statistics officeReserve bankSwati bhatThomson reuters trustAsia pacific

Indian economy projected to contract by 8 per cent

Indian economy projected to contract by 8 per cent The estimate is a lot worse than the minus 7.7 per cent that the National Statistical Office had forecast in its first advance estimate of national income The Indian economy is projected to contract by 8 per cent this fiscal a lot worse than the minus 7.7 per cent that the National Statistical Office (NSO) had forecast in its first advance estimate of national income released on January 7. Real GDP growth in 2019-20 was 4 per cent. Nominal GDP which is measured at current prices and, therefore, factors in the effects of inflation will contract by 3.8 per cent against the earlier forecast of minus 4.2 per cent.

United statesNarendra modiSakshi guptaSreejith balasubramanianAsset management companyAmerican bureau of economic analysisNational statistical officeAmerican bureauEconomic analysisஒன்றுபட்டது மாநிலங்களில்நரேந்திர மோடிசாக்ஷி குப்தாஸ்ரீஜித் பாலசுப்ரமணியன்சொத்து மேலாண்மை நிறுவனம்அமெரிக்கன் பணியகம் ஆஃப் பொருளாதார பகுப்பாய்வுதேசிய புள்ளிவிவர அலுவலகம்

India Q3 GDP Data: Gross Domestic Product (GDP) Growth In Third Quarter Slightly Lower Than Expectations, Say Experts

Experts say that the GDP growth in the third quarter was slightly lesser than expected The economy expanded by 0.4 per cent year-on-year in the October-December quarter, returning to growth after shrinking for two straight quarters, government data showed on Friday. The readout for the December quarter was a tad lower than the 0.5 per cent growth forecast of analysts in a Reuters poll. ( Shashank Mendiratta, Economist, IBM, New Delhi GDP growth returned to positive territory after contracting for two successive quarters. At component level, investment GDP recorded its first growth since December 2019. This recovery in investment is likely driven by capex spending.

West bengalNew delhiSociete generalePrithviraj srinivasKunal kunduSakshi guptaRupa rege nitsureShashank mendirattaBandhan bankFinancial holdingsHdfc bankDecember quarterAlso readIndia exits recession withQuarterly growthIndia economist

India s economic recovery on track as COVID crisis slowly ebbs | Business and Economy News

India’s economy returned to growth in the three months to December and the recovery is expected to gather pace as consumers and investors shake off the effects of the coronavirus pandemic, economists said. Fiscal and monetary policy could boost India’s recovery prospects, they said, amid signs of a pick-up in consumer demand and government spending. Prime Minister Narendra Modi has launched plans for a massive vaccination drive, while outlining a slew of tax incentives to boost the manufacturing sector. Gross domestic product (GDP) grew 0.4 percent in October-December compared with the same period a year earlier, data released by the National Statistics Office on Friday showed. That compared with revised contractions of 7.3 percent in July-September and 24.4 percent in April-June.

Narendra modiSakshi guptaNational statistics office onMinister narendra modiNational statistics officeIndia annualReserve bankநரேந்திர மோடிசாக்ஷி குப்தாதேசிய புள்ளிவிவரங்கள் அலுவலகம் ஆன்அமைச்சர் நரேந்திர மோடிதேசிய புள்ளிவிவரங்கள் அலுவலகம்இந்தியா ஆண்டுஇருப்பு வங்கி