Amarnath flash floods not due to cloudburst: IMD

The India Meteorological Department has said the deaths and destruction near the Amarnath cave shrine in south Kashmir were due to a highly localised rain event and not due to a cloudburst. IMAGE:......

GDP likely to grow at 18.5% in Q1: SBI report

The country's gross domestic product (GDP) is expected to grow at around 18.5 per cent with an upward bias in the first quarter of the current financial year, according to SBI research report......

SBI pegs Q4 GDP growth at 1.3%

The country's GDP is likely to grow at 1.3 per cent in the fourth quarter of 2020-21 and may see a contraction of around 7.3 per cent for the full financial year, according to an SBI research......

SBI pegs FY22 GDP growth at 11%

However, the SBI report said it will take almost seven-quarters from Q4 FY21 to reach the pre-pandemic level in nominal terms and there will be a permanent output loss of around 9 per cent of GDP.......

More bad news: NCAER pegs Q2 GDP growth at 4.9%

NCAER said the monetary policy measures are unlikely to revive growth at this juncture and suggested providing fiscal stimulus, which too can be challenging unless it can be financed through better......