India's current account surplus shrinks to 15.5 billion dollars in July-September quarter from record surplus of 19.2 billion dollars in April- June. The surplus at 2.4% of GDP in the latest quarter compared to the deficit of 7.6 billion dollars.

World Business Watch: India's current account surplus shrinks

Japan's prime minister on Tuesday unveiled more than $700 billion in fresh stimulus to fund projects from anti-coronavirus measures to green tech, the country's third such package this financial year.

Japan unveils fresh $700 billion stimulus package

India's economy, severely affected by the coronavirus pandemic, is gradually recovering, the International Monetary Fund said on Thursday.

Indian economy is gradually recovering: IMF

India’s official GDP data will be released today. Asia’s third- largest economy registered its steepest fall historically in April-June quarter which is also Q1 of current financial year. Though India’s economy is recovering but just how strong the beginning of that recovery has been will be clear when the National Statistics Office releases the July-September quarter gross domestic product data.

All eyes on Q2 GDP data due today

Europe’s largest economy partly recovered from an unprecedented plunge caused by the first wave of the COVID-19 pandemic in spring, German Economy Grows 8.5 % In Third Quarter.

Germany's Stronger than expected rebound

The coronavirus has impacted economies across the world. Lockdowns imposed earlier this year plummeted GDP numbers and globally the poor are the worst hit. Watch report.

Dwindling economies forces migration: Over 1,200 Africans migrate to Canary islands via sea

The International Monetary Fund (IMF) assesses that most countries in the world will return to pre-coronavirus pandemic GDP levels by 2020, IMF Chief Economist Gita Gopinath said during a virtual briefing on Tuesday.

GDP in most countries to recover to pre-pandemic levels by 2022: IMF

The International Monetary Fund (IMF) on Tuesday projected that Indian economy, severely hit by the coronavirus pandemic shall contract by a massive 10.3 per cent this year.

Coronavirus impact: IMF projects India’s GDP to contract 10.3% in 2020

The World Bank on Thursday said that India’s GDP is expected to contract by 9.6 per cent this fiscal which is reflective of the national lockdown and the income shock experienced by households and firms due to the COVID-19 pandemic, noting that the country’s economic situation is “much worse” than ever seen before.

India's GDP expected to contract by 9 per cent this year: World Bank

Georgieva told an online London School of Economics event that the IMF will make a small upward revision to its global economic output forecasts next week

'Economic fallout of pandemic not as bad as feared', says IMF Chief Kristalina Georgieva

The global downturn caused by the coronavirus pandemic offers an opportunity for governments to implement new policies that could simultaneously address climate change and boost the economy, the IMF said Wednesday.

Pandemic downturn offers path to address climate change: IMF

Global ratings agency Fitch on Tuesday sharply revised its forecast to India's GDP growth, estimating that it will contract 10.5%, while Goldman Sachs expects it to decline by 14.8%in the current fiscal year.

Global rating agencies cut India's GDP forecast

According to Fitch Arm, India’s economy is projected to contract 11.8% on the year in the current fiscal year beginning from April.

Indian economy projected to contract 11.8% in FY 21: Fitch Arm

The Australian economy used to run tirelessly. It even set a record with 28 consecutive years of growth. That great run has now officially come to an end. The cause, a once-in-a-lifetime pandemic.

'Further difficult days ahead': Virus-hit Australia goes into recession

There is no sign of a health-economy trade-off. Countries with low GDP fall have less COVID-19 deaths. India's economy suffered its worst slump on record in April-June, with the gross domestic product (GDP) contracting by 23.9 per cent as the coronavirus-related lockdowns weighed on the already-declining consumer demand and investment.

Countries with low GDP fall have less COVID-19 deaths

India's economy suffered its worst slump on record in April-June, with the gross domestic product (GDP) contracting by 23.9 per cent as the coronavirus-related lockdowns weighed on the already-declining consumer demand and investment.

India’s GDP growth suffers worst-ever crash: Road ahead for the Indian economy

As per the data released by the National Statistical Office (NSO), India’s Gross Domestic Product (GDP) for the April-June quarter (Q1) slipped by a sharp 23.9 per cent.

First GDP numbers during COVID times

For the first time in 40 years the GDP of India registered a negative growth. India’s economic growth slips to -23.9% in the first quarter (April-June) of 2020-21.

GDP Q1 Data: India’s economic growth slips to -23.9%, first contraction in 40 years

Japan's economy shrank a record 7.8 percent in the April-June quarter, the worst contraction in the nation's modern history, data showed Monday, as the coronavirus deepens the country's economic woes.

Japan reports its worst GDP on record: Economy shrinks record 7.8% in April-June

The last fully intact ice shelf in the Canadian Arctic has collapsed, losing more than 40% of its area in just two days at the end of July, researchers said. The Milne Ice Shelf is at the fringe of Ellesmere Island, in the sparsely populated northern Canadian territory of Nunavut.

Record Arctic heat continues, Canada’s last intact ice shelf collapses into the sea

Beijing has reported a 3.2 per cent increase in GDP for the second quarter of 2020 that is the April to June period. Analyst had expected 2.5 per cent growth for this quarter but the Chinese economy declined 6.

Despite witnessing growth in GDP, China's debt continues to mount

India's economy grew 3.1 per cent in the January-March quarter of 2019-20 as against 5.7 per cent in the corresponding quarter of 2018-19, according to data released by the National Statistical Office (NSO).

India's GDP growth slips to 3.1% in January-March quarter

IMF has predicted the global GDP to contract by 3% in 2020. Economic indicators of several countries are showing that any recovery will be tough to achieve. WION's Palki gets you a report on the economic scars of the pandemic.

Coronavirus: IMF projects deeper global downturn | Gravitas

In this segment of Straight Talk, WION in an exclusive conversation spoke to IMF Chief Economist Gita Gopinath on India's GDP growth in 2020.

WION exclusive Straight Talk with IMF Chief Economist  Gita Gopinath on Indian Economy

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