Lucknow News Radiant Awadh

Tag: gdp

  • Adani debunks GDP rhetoric

    —

    by

    Bureau India
    in

    (Riya Singh, Intern Journalist): Billionaire Gautam Adani has debunked the narrow fixation on GDP numbers, saying fundamentals are intact and India will be the second-largest economy by 2050 and has an edge over global peers in terms of business opportunities. Speaking at the JP Morgan India Summit – Future in Focus, the Adani Group chairman…

  • Economy towards big decline

    —

    by

    Deepshikha Gautam
    in

    (Deepshikha Gautam, Intern Journalist) New Delhi: Rating agencies have forecast a major decline in the Indian economy from the Corona epidemic and lockdown. The Fitch rating forecasts a steep 10.5% drop in the Indian economy in the current financial year 2020-21. At the same time, India’s rating has predicted a steep drop of 11.8%. Goldman…

  • India’s GDP may fall by 3.1%, will accelerate in 2021: Moody’s

    —

    by

    Bureau India
    in

    (Kajal Singh journalist):Moody’s had lowered India’s credit rating by a notch earlier this month to ‘BAA3’. This is the lowest rating category investable.New Delhi: Credit rating agency Moody’s Investors Service has predicted a 3.1 percent decline in the size of the Indian economy in 2020. The agency also feared a change in geographical conditions in…

  • India’s GDP growth in FY21 probable to be Negative: RBI Governor

    —

    by

    Bureau India
    in

    (Pooja Pal; Intern Journalist): On May 22nd, 2020, the Reserve Bank of India (RBI) alleged that India’s GDP for FY21 is favorable to fall on the negative side of the graph as several economic activities were at a halt due to the COVID-19 pandemic. While addressing on television, RBI Governor Shaktikanta Das alleged that the…

  • Big Impact on Economy Reason Red and Orange Zone

    —

    by

    Bureau India
    in

    (Kajal Singh, intern journalist):As expected, the Union Ministry of Home Affairs decided to extend the lockdown till May 17, giving a number of concessions to the corona infection survivors as well as the least affected districts i.e. Green and Orange zones. There has also been some relaxation in the districts affected by the corona infection.…