Pinaki Chakraborty said India's current macroeconomic situation is certainly better than what it was during the first wave of the Covid-19 pandemic
GDP growth in the current FY was estimated to be in double digits initially, but second Covid wave has led to various agencies cut growth projections
The valuation premium of the MSCI India index has reached 55% and 12% by mid-June as against the MSCI Emerging Markets and MSCI World indices.
India's recovery is being hampered by the largest outbreak of any country since the beginning of the pandemic, the World Bank said
The recovery is visible for the first time in 12 weeks for the week ending May 30, said QuantEco
Its chief economist Aditi Nayar expects the annualised GDP growth at 2% in the March quarter, up from 0.4% in the December quarter
Nomura said its cut in the GDP growth estimate is reflective of a larger lockdown-led loss of sequential momentum in the June quarter
S&P saw GDP growth rate dropping to 9.8% under the 'moderate' scenario, where infections peak in May, and falling to as low as 8.2% in 'severe' scenar
Overall, most indicators still suggest that the impact has been less severe than it was in Q2 (April-June) last year, Goldman Sachs said
Mumbai: India Ratings and Research on Friday revised down India’s FY22 real GDP growth forecast to 10.1%, from earlier projection of 10.4%, citi