Even as most of the major economies of the world have witnessed deep contraction during the quarter ended June’2020, Chinese economy grew by 3.2 % yoy, rebounding from a 6.8 % yoy contraction in the previous quarter. On qoq basis Chinese economy registered 11.5% growth. The contrast is surprising and creates doubt on integrity of […]Read More

The UN’s mid-year report, published in May’2020, forecasts world economy to shrink by 3.20% in the year 2020, the sharpest since the great depression of 1930s. Although new infections and the death rates have recently slowed, the pandemic’s future course remains uncertain, as does the economic and social consequences that will follow.   Select Financial Indicators of […]Read More

While Indian Economy was grappling with slow-down, corona virus pandemic superimposed the downward drift. In FY 2019-20 GDP growth stood at 4.2 per cent as against 6.1% in FY 19, the lowest in the last 11 years. GVA growth for 2019-20 is still lower at 3.9%. The otherwise muted growth to some extent was also […]Read More