Quarterly, while the economy has regained its path of growth, the economy is still expected to contract a revised 8%.
In calendar year 2021, this rate will be 11%, while the Indian economy is estimated to have declined 8% in 2020.
SBI, CRISIL and Fitch are among the latest research houses to have revised India's FY21 GDP estimate upward.
The inflation targets, set in 2016 and being followed by the RBI, could be eased by the government to push growth.
The Indian economy has declined for a second straight quarter as it limps back to normalcy from the COVID-19 disruptions
The claims attribute its twisted narration of India's economic history to former RBI governor's book 'Advice And
BOOM spoke to Dr. Ahsan H. Mansur, Chairman of BRAC Bank to understand Bangladesh's economic growth
CARE Ratings Chief Economist Madan Sabnavis explains the real impact of the pandemic on the Indian economy
IMF data shows that Bangladesh's GDP per capita is expected to overtake India this year but will revert in 2021
The World Bank's estimate comes as other houses have estimated that India will witness double-digit contraction in FY21
The BJP graphic shows 1.9% as per the IMF's April outlook; with the IMF's June update revising this estimate to -4.5%.
As part of their June Global Economic Outlook, the IMF predicts India will recover and grow 6% in the next fiscal