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Economy

Is India No More World's 3rd Largest Economy? A FactCheck

A graphic misleadingly compares India's economic size to its economic growth rate to convey the economy being in bad...

12 July 2022 9:58 AM GMT

News

Sri Lanka To Suspend Payment On All External Debt: Finance Ministry

The suspension will stay in place till the economically embattled Sri Lanka has a debt rescue plan effective today

12 April 2022 9:21 AM GMT

Explainers

Explained: Sri Lanka's Foreign Exchange And Economic Crisis

Currently, Sri Lanka is facing is huge shortage of necessities, a paucity of fuel and import restrictions.

29 March 2022 8:55 AM GMT

News

IMF: India To Grow 9% In FY22,23 As World Enters 2022 On A Weaker Note

The pandemic has not loosened its grip on the world, the IMF says, as problems regarding vaccination and inflation...

25 Jan 2022 4:22 PM GMT

Explainers

Indian Economy Grows At 8.4% In Q2 FY22 As Economic Recovery Continues

However, a base effect is in play too, as the economy contracted 7.3% in the same quarter one year ago

30 Nov 2021 1:23 PM GMT

News

Indian GDP Estimates Unchanged At 9.5%, But Global Recovery Slowing:...

In its WEO, the IMF said that a prolonged pandemic due to a paucity of vaccines could cost $5.3 trillion over 5 years

12 Oct 2021 4:01 PM GMT

News

IMF Cuts India's GDP Growth Projections To 9.5% From 12.5% In April

The 300 bps cut comes on the back of a brutal second wave of COVID-19 from March - May and an expected slow recovery

27 July 2021 4:46 PM GMT

Explainers

Banks' Gross NPAs May Rise To 11.22% In A Severe Stress Scenario: RBI

According to RBI, GDP growth for financial year 2021 could be as low at 0.6%, under a severe stress scenario

2 July 2021 2:50 PM GMT

Fact Check

DD News Misquotes RBI Governor On Vaccine Availability For All

The RBI Governor did not say that vaccines will be available for all in 2022; but was quoting an estimate of the IMF

5 May 2021 7:44 AM GMT

Explainers

IMF Upgrades India's Growth Projections To 12.5% In FY22 In Latest WEO

India will grow 12.5% in FY22 after contracting by 8% in FY21, even though the pandemic is yet to subside, says IMF.

6 April 2021 3:37 PM GMT

Explainers

GDP Growth At 0.4% In Q3, Economy To Still Contract By 8% In FY21

Quarterly, while the economy has regained its path of growth, the economy is still expected to contract a revised 8%.

26 Feb 2021 1:05 PM GMT

Explainers

India GDP To Grow 11.5% In FY22, 6.8% In FY23, Says IMF

In calendar year 2021, this rate will be 11%, while the Indian economy is estimated to have declined 8% in 2020.

26 Jan 2021 4:34 PM GMT

Explainers

Research Houses Upgrade India's FY21 GDP Estimate Post Q2 Improvement

SBI, CRISIL and Fitch are among the latest research houses to have revised India's FY21 GDP estimate upward.

17 Dec 2020 2:30 AM GMT

Explainers

RBI's Inflation Targets May Be Loosened To Bolster Growth: Bloomberg

The inflation targets, set in 2016 and being followed by the RBI, could be eased by the government to push growth.

10 Dec 2020 1:30 AM GMT

Explainers

India Is Now In Technical Recession, Q2 GDP Declines 7.5%

The Indian economy has declined for a second straight quarter as it limps back to normalcy from the COVID-19 disruptions

27 Nov 2020 12:51 PM GMT

Fact Check

False Claims Linked To Former RBI Gov Y V Reddy About Indian Economy

The claims attribute its twisted narration of India's economic history to former RBI governor's book 'Advice And...

21 Oct 2020 9:15 AM GMT