Tag: india economy

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

    (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…

  • Farmers can sell products in foreign markets without a license

    Farmer Sunil Kumar of Muzaffarpur in Bihar does not have any export license. But his 750 kg litchi reached London. Similarly, another farmer’s 5-ton litchi is going to Germany. Further, efforts are on to sell the products of many farmers in the foreign market. The exercise is being done through the Common Service Center (CSC)…

  • Economy lying sluggishly even before Covid-19

    (Juhi Aishwary, Intern Journalist):  The coronavirus can have a huge impact on the country’s economy. From the figures released by the government on Friday for the last quarter of the last financial year and the whole year, it is clear that we have entered the Covid-19 era with a very weak economy. The growth rate of GDP…

  • Big Impact on Economy Reason Red and Orange Zone

    (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.…