India's GDP to see 5% contraction in FY21, says Icra

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THE ECONOMIC TIMESDaily Newsletter Wed, May 20, 2020 | 05:16 PM IST

#Coronavirus#EconomyTracker#Whatsbuzzing

Top stories of the day Debt woes derail India's plan to deliver stronger fiscal support The actual fiscal cost of the stimulus released by the FM amounts to just about 1% of GDP.... India's GDP to see 5% contraction in FY21, says Icra Debt binge to widen India's fiscal gap to 13%: HSBC Britain's Rolls-Royce to cut 9,000 jobs amid air travel slump Worst seems over for India's formal job market, staffing firm says RIL rights issue: What makes analysts recommend 'subscribe' to issue 57% investors say Big-4 auditors have no credibility: IiAS survey Cyclone Amphan will reach near Kolkata by this evening: IMD

Debate This Do you think Lockdown 4.0 was really needed? So, India has brought another two wait-and-watch weeks to bear on the virus. By now, the economy watchers are a desperate lot — despondent to see decades of GDP & livelihood gains gone, and unnerved by the spectre of an endless lockdown eventually taking more lives than any virus will. Was Lockdown 4.0 overkill? Join the debate

SENSEX 30818.61 622.44 NIFTY 50 9066.55 187.45 USD/INR 75.80 0.15

Top Gainers NSE 13 companies (largecap) appreciated more than 5% LIC Housing Fin 7.47% Larsen & Toubro Infotech Ltd. 6.82% More from Gainers Top Losers NSE 1 company (largecap) price decreased more than -5% Bharti Infratel -8.18% More from Losers

More From our Partners Recorded Session: ETMarkets Investor Conference - Wealth Creation Opportunity Post Covid-19 Crisis

German shoe brand walks out of China, sets foot in Agra Von Wellx, owned by Casa Everz Gmbh, has announced the shifting of its entire production in China.... WB announces $160 bn assistance to 100 countries Ola to lay off 1,400 staff as COVID-19 pandemic hits revenues Schedule for getting 100% money back from Franklin H-1B visa holders do not adversely affect US workers: Report Azim Premji is an early investor in US-based biotech company Moderna Cabinet approves allocation of free food grains to migrants TCS CEO pay package reduces 16pc to Rs 13.3 cr in FY20 Hyundai Motor India launches new version of mid-sized sedan Verna Pak diplomats face charges of terror promotion Will the new Sebi mandate make credit risk funds safer? Johnson & Johnson to stop selling talc baby powder in U.S. and Canada

Top Slideshow Guidelines for reopening offices Top Video PM's stimulus package, too little too late

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