Indian Economy 2020
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Startup Funding In India Drops 33% To USD 24 Billion In 2022: Report
Funding for Indian startups dropped by 33 per cent to USD 24 billion in 2022 as compared to the previous year though it was nearly double the amount recorded in 2019 or 2020, said a PwC India report today.
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Sensex Rallies Over 1,000 Points, Tracking US Stocks Best Performance Since 2020
Stock Market India: Equity benchmarks rose sharply on Friday, tracking the biggest rally in Wall Street stocks since 2020.
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Over 56 Million Indians Pushed Into Poverty Due To COVID-19 In 2020: World Bank Report
As the COVID-19 pandemic hit the world, it upended numerous lives, brought industries to a near-standstill, and disrupted global economic activities.
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After Losses Worth More Than Reliance's Valuation, Indian Stocks Will...
After plunging to over a year low, marking the worst week since the pandemic hit in May 2020, the bearish trend in Indian equities is far from over, and that slide will likely continue in the week ahead.
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YouTube's Creator Ecosystem Contributed Rs. 6,800 Crore to Indian Economy in 2020: Report
YouTube’s creator ecosystem generated "considerable" economic value and contributed an estimated Rs. 6,800 crore to the Indian economy in 2020, according to a report.
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"Darkest Year In Over 4 Decades": P Chidambaram Slams Government On GDP
FY 2020/21 was "the darkest year of the economy in four decades" - one that left "most Indians poorer than they were two years ago" - Congress MP P Chidambaram said Tuesday, shredding the government over its handling of the nation's finances.
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One Year Since COVID-19 Lockdown: India Still Recovering From Unemployment Blow
According to the Centre for Monitoring Indian Economy (CMIE) data, the unemployment rate was recorded at 6.9 per cent in February 2021 which is slightly better than 7.8 per cent in the same month last year and 8.8 per cent in March 2020, during which lockdown was imposed
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India Exits Recession With 0.4% Quarterly Growth
The Indian economy has exited recession after two consecutive quarters of de-growth as the gross domestic product (GDP) expanded by 0.4 per cent in the three months ended December 2020 as against a contraction of 7.3 per cent in the September quarter. India is among the few major economies to post growth in the last quarter of 2020. For the full ye...
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Xiaomi Leads Indian Smartphone Shipments in 2020, Realme Sees Highest Growth: Counterpoint
Counterpoint’s latest report highlights a healthy shipment number for smartphones even as the world economy reeled in the pandemic-hit 2020. Xiaomi is at the top with 26 percent market share in 2020, followed by 21 percent market share grabbed by Samsung. Vivo grabbed 16 percent of the Indian smartphone market share, taking the third position. Co...
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At 11.5%, India To Be Fastest Growing Economy In FY22, Says IMF
Revising its figures, the International Monetary Fund said that in 2020, the Indian economy is estimated to have contracted by eight per cent
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Indian Economy Estimated To Contract By 9.6% In 2020, Grow At 7.3% In 2021: UN
Indian Economy: The report said the livelihood and income impacts have been particularly harsh for about 2 billion informal workers with limited social protection, especially those self-employed in the informal economy
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Foreigners Net Sellers of Asian Equities In 2020 Despite Q4 Turnaround
Foreign investments: Indian equities lured $23 billion worth of inflows last year, helped by a flood of money arriving in the fourth quarter
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India Will Look Back At Pandemic Year As A Year of Historic Reforms: Anurag Thakur
India will have a strong economic revival thanks to its well-planned easing of lockdown, said Anurag Thakur, Union Minister of State for Finance and Corporate Affairs
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Budget 2021-22 To Be Prudent, Growth-Oriented: RBI Governor Shaktikanta Das
Naturally when we are recovering from a massive damage which pandemic has brought on the Indian economic, the budget has to be growth oriented.
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India's GDP To Shrink By 8.9% In 2020, Says Moody's
The government announced a fresh round of stimulus taking the total to around 29.88 lakh crore or 15 per cent of the GDP to help pull the economy.
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Startup Funding In India Drops 33% To USD 24 Billion In 2022: Report
Funding for Indian startups dropped by 33 per cent to USD 24 billion in 2022 as compared to the previous year though it was nearly double the amount recorded in 2019 or 2020, said a PwC India report today.
-
Sensex Rallies Over 1,000 Points, Tracking US Stocks Best Performance Since 2020
Stock Market India: Equity benchmarks rose sharply on Friday, tracking the biggest rally in Wall Street stocks since 2020.
-
Over 56 Million Indians Pushed Into Poverty Due To COVID-19 In 2020: World Bank Report
As the COVID-19 pandemic hit the world, it upended numerous lives, brought industries to a near-standstill, and disrupted global economic activities.
-
After Losses Worth More Than Reliance's Valuation, Indian Stocks Will...
After plunging to over a year low, marking the worst week since the pandemic hit in May 2020, the bearish trend in Indian equities is far from over, and that slide will likely continue in the week ahead.
-
YouTube's Creator Ecosystem Contributed Rs. 6,800 Crore to Indian Economy in 2020: Report
YouTube’s creator ecosystem generated "considerable" economic value and contributed an estimated Rs. 6,800 crore to the Indian economy in 2020, according to a report.
-
"Darkest Year In Over 4 Decades": P Chidambaram Slams Government On GDP
FY 2020/21 was "the darkest year of the economy in four decades" - one that left "most Indians poorer than they were two years ago" - Congress MP P Chidambaram said Tuesday, shredding the government over its handling of the nation's finances.
-
One Year Since COVID-19 Lockdown: India Still Recovering From Unemployment Blow
According to the Centre for Monitoring Indian Economy (CMIE) data, the unemployment rate was recorded at 6.9 per cent in February 2021 which is slightly better than 7.8 per cent in the same month last year and 8.8 per cent in March 2020, during which lockdown was imposed
-
India Exits Recession With 0.4% Quarterly Growth
The Indian economy has exited recession after two consecutive quarters of de-growth as the gross domestic product (GDP) expanded by 0.4 per cent in the three months ended December 2020 as against a contraction of 7.3 per cent in the September quarter. India is among the few major economies to post growth in the last quarter of 2020. For the full ye...
-
Xiaomi Leads Indian Smartphone Shipments in 2020, Realme Sees Highest Growth: Counterpoint
Counterpoint’s latest report highlights a healthy shipment number for smartphones even as the world economy reeled in the pandemic-hit 2020. Xiaomi is at the top with 26 percent market share in 2020, followed by 21 percent market share grabbed by Samsung. Vivo grabbed 16 percent of the Indian smartphone market share, taking the third position. Co...
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At 11.5%, India To Be Fastest Growing Economy In FY22, Says IMF
Revising its figures, the International Monetary Fund said that in 2020, the Indian economy is estimated to have contracted by eight per cent
-
Indian Economy Estimated To Contract By 9.6% In 2020, Grow At 7.3% In 2021: UN
Indian Economy: The report said the livelihood and income impacts have been particularly harsh for about 2 billion informal workers with limited social protection, especially those self-employed in the informal economy
-
Foreigners Net Sellers of Asian Equities In 2020 Despite Q4 Turnaround
Foreign investments: Indian equities lured $23 billion worth of inflows last year, helped by a flood of money arriving in the fourth quarter
-
India Will Look Back At Pandemic Year As A Year of Historic Reforms: Anurag Thakur
India will have a strong economic revival thanks to its well-planned easing of lockdown, said Anurag Thakur, Union Minister of State for Finance and Corporate Affairs
-
Budget 2021-22 To Be Prudent, Growth-Oriented: RBI Governor Shaktikanta Das
Naturally when we are recovering from a massive damage which pandemic has brought on the Indian economic, the budget has to be growth oriented.
-
India's GDP To Shrink By 8.9% In 2020, Says Moody's
The government announced a fresh round of stimulus taking the total to around 29.88 lakh crore or 15 per cent of the GDP to help pull the economy.
