Changez Khan. It's a start, you have seen nothing yet. Modi is making India Afraid Again! BJP has turned the pandemic into a disaster for the nation and will be directly responsible for increased poverty, unemployment, malnutrition of millions, increased crime rate, social problems, civil unrest and infection rate that shows no sign of abating, while countless bodies float away on the Ganges, because no one in the nation cares.
Someone, So you obviously stopped reading news after March. Send them some food from Pakistan. They already have Cow Ka Cola to wash it down with! F Nawaz. Someone, "But helped by output having slumped so much last year, the headline figures for the current fiscal year will still appear strong.
Super popper India. Where are all BJP supporters? Under their shoe or nose? Milan Bhise. India is not Modi and RSS, but too big to be written off. Time will tell. I think India has the capability to bounce back with vengeance.
This is devastatingly sad.. India is going through a terrible economic situation due to pandemic.. A silver lining is their the number of new cases is coming down..
For all those celebrating, India's is gonna bounce back very strongly very soon. Be ready to get surprised and heart broken haters! Salaria, Aamir Ahmad. Tip of the iceberg. Wuhan Health Organization has failed. Fastrack, China will show Pakistan how to develop the economy. Justice For All. Modi inherited a sharp economy from the previous PM Manmohan Singh - this is a fact, also fact Modi has isolated his own people, poorly performed during the covid crisis and to top it all off while people are dying he has moved into his new palace.
The man behaves like a cult leader, nothing more nothing less. Today, It is beyond the understanding of Fast track. In fact he is a slow track. It has all the capability to rebound stronger. Gulshan Omar. From Calgary: all pessimists fun will be short lived. Naturally under lockdown when you close everything to save your people, your economy can not grow. It will be very soon that the other arm of V will emerge. We all feel here that as MODI is a non- corrupt person as Imran is, he will tackle the situation strong handedly.
Jun 02, am. India received the highest FDI 80 billion usd this year so far. Jun 02, pm. As you sow, so shall you reap. Worst recession because of worst PM. Well done. Sadiq Hussain. India and Pakistan will both die of starvation soon if the population explosion is not controlled soon. Ali Da Malanga. Hindustan has been Modi-fied! Jaws, India is not only self-sufficient in food, but a food exporting country. After discontinuing the practice of deficit financing in a historic agreement with Reserve Bank of India in from 9th Plan onwards, the government may again opt for the nuclear option given the revenue-expenditure dynamics under the shadow of a yet unfolding pandemic.
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Congress slams Kangana's was 'bheek' remark as 'treason', demands Padma Shri be taken back. UN chief says global warming goal on 'life support'. Staff at Ahmednagar hospital could have saved lives in first ten minutes: police.
In other words, when the GDP contracts for a long enough period, the economy is said to be in a recession. There is, however, no universally accepted definition of a recession — as in, for how long should the GDP contract before an economy is said to be in a recession.
For example, in the case of the most recent dip in economic activity in the US, which started in February as a result of the Covid pandemic, the drop in activity has been so great and so widely diffused throughout the economy that the downturn would have been classified as a recession even if it had proved to be quite brief.
For instance, would quarterly GDP be enough to determine economic activity? Or should one look at unemployment or personal consumption as well? It is entirely possible that GDP starts growing after a while but unemployment levels do not fall adequately. During the global financial crisis, NBER pegged June as the end date for the recession but some metrics did not recover for much longer.
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