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Indian economy expected to grow at 9.5% in 2021; 8.5% in 2022, says IMF

The latest World Economic Outlook (WEO) vis-à-vis India remains unchanged from its previous update of July 2021 but is a 1.6% point drop from its April projections. ....

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Expect more than 7 per cent growth for India this decade: CEA KV Subramanian

This decade will be India s decade of inclusive growth during which it will clock over 7 per cent annual growth on the back of strong economic fundamentals, Chief Economic Adviser KV Subramanian has said, highlighting the country s reform process and its ability to convert the crisis into an opportu ....

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India's Factory Activity Lowest in Seven Months Due to Renewed COVID-19 Lockdowns

India s Factory Activity Lowest in Seven Months Due to Renewed COVID-19 Lockdowns
Last week, the Indian government advised federal states to try and control the rapid spread of the virus through local lockdowns. Tighter restrictions on activity suggest factories could be in for a tough April.
A worker pours molten iron from a ladle to make automobile spare parts inside an iron casting factory in Ahmedabad, India, January 31, 2019. Photo: Amit Dave
Economy4 hours ago
Bengaluru: India’s factory activity grew at its weakest pace in seven months in March as renewed lockdowns to curtail a resurgence in COVID-19 cases dampened domestic demand and output, a private survey showed, forcing firms to cut headcount again. ....

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Indian economy set for V-shaped recovery in 2021: ASSOCHAM

Indian economy set for V-shaped recovery in 2021: ASSOCHAM
With India about to roll out its vaccination programme, the accruals of the economic benefits would be significant, especially to sectors hit hard during the pandemic, said ASSOCHAM Secretary General Deepak Sood
PTI | January 10, 2021 | Updated 19:13 IST
India s GDP is estimated to contract by a record 7.7 per cent during 2020-21 as the COVID-19 pandemic severely hit the key manufacturing and services segments, as per government projections
India s economy is showing decisive signs of a V-shaped recovery in 2021 with the return of consumer confidence, robust financial markets, an uptick in manufacturing and exporters braving it out in the global market with never-say-die spirit, Assocham said on Sunday. ....

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