Ten Things To Look For In The Q4 GDP Numbers
We already have the government’s earlier estimates for Q4 growth, which are likely to be exceeded. But we can draw no conclusions about the trend, as the second wave will badly hit growth for at least…
India GDP Data LIVE Updates | Barclays on May 25 cut India’s FY22 GDP growth estimate by a sharp 0.80 percent to 9.2 percent, saying the economic impact of the second wave of COVID-19 infections has been deeper than initially expected.
Barclays chief India economist Rahul Bajoria also mentioned the slow pace of vaccinations in the country and the rolling lockdowns across many states for the estimate.
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India GDP Data LIVE Updates | Aditi Nayar, Chief Economist, ICRA: “With a widespread recovery in volumes benefitting from the low base of the onset of the nationwide lockdown in March 2020, we project the growth of the GVA at basic prices to have improved to 3.0% in Q4 FY2021. Moreover, we peg the GDP growth for the just-concluded quarter at 2.0%, suggesting that the double-dip recession implied for Q4 FY2021 by the NSO’s 2nd Advance Estimates for FY2021, was averted.”
Moneycontrol Pro Panorama | Markets Not Marked To GDP
In today’s edition of Moneycontrol Pro Panorama: A message from free pulse imports, Blue Star boss’ take on PLIs, islands of growth, a risky bet for investors, why Fed has to do more for markets and…
India GDP Data LIVE Updates | The country’s GDP is likely to grow at 1.3 percent in the fourth quarter of 2020-21 and may see a contraction of around 7.3 percent for the full financial year, according to an SBI research report ‘Ecowrap’.
The e-National Statistical Office (NSO) will release the GDP estimates for the March 2021 quarter and provisional annual estimates for the year 2020-21 on May 31.
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In February, when the government came out with the second advance estimates of national income, official statisticians projected that India’s real (inflation-adjusted) GDP will contract 8 percent during FY21.
These projections may well hold on May 31, when the government releases the provisional full-year GDP data, writes Gaurav Choudhury. The peculiarity of India’s data release calendar that comes with a two-month lag, however, would only allow a peek into what the economy has been through.
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Good morning! Welcome to Moneycontrol’s LIVE coverage of the release of the provisional full-year GDP data for fiscal year 2020-21. Stay tuned for more news, views and updates.
