S&P Global Ratings on Wednesday said the second wave of COVID infections poses downside risks to India’s GDP and heightens the possibility of business disruptions.
Continued economic recovery boosted by increased public investment, vaccine rollout and a surge in domestic demand will trigger this strong rebound, ADB said.
He also said an incentive mechanism for states needs to be worked out so that their policies are aligned to those of the central government.
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.
Sitharaman, addressing a seminar organised by the Merchants' Chamber of Commerce & Industry, said the Centre has taken several steps to ensure that revival of the economy continues despite a raging...
Banking system's credit growth will almost double to 10 per cent in 2021-22 on the economic recovery and policy interventions, ratings agency Crisil said on Thursday.
Spain's gross domestic product (GDP) fell by 10.8 per cent in 2020, the worst since 1970, amid the global Covid-19 pandemic, according to official data,
Strong GDP growth in FY22 will drive logistics demand, India Ratings and Research said.
China aims to expand its gross domestic product by over six per cent in 2021, with more efforts on reform, innovation and high-quality development, Chinese Premier Li Keqiang announced at the National...
Pushed by drastically increased public spending and a record-setting economic slowdown due to the Covid-19 pandemic, Italy's national debt ratio surged last year, reaching 155.6 per cent of the...