India's economy has not moderated to the extent it did during the first wave but uncertainties can act as a deterrent in the short term, the Reserve Bank of India said on Thursday.

Indian economy not as hard hit as first wave but uncertainties remain, says RBI

The World Bank has estimated India’s GDP (Gross Domestic Product) growth to be in the range of 7.5 to 12.5 per cent during FY 2021-22 (FY 22). For the fiscal year 2020-21 ending on Wednesday, GDP contraction is estimated at 8.

India’s GDP growth estimated to be in the range of 7.5-12.5%: World Bank

American brokerage BofA Securities on Friday said the Indian economy continues to be "weak", pointing to activity indicators tracked by it. On the positive side, the brokerage said credit demand is bottoming out and the real lending rates adjusted for wholesale price inflation are falling.

Indian economy 'weak', credit growth bottoming out: US brokerage firm report

According to the government, the Indian economy contracted 7.5 per cent in the July-September quarter which is the most among major economies as the coronavirus pandemic continues to ravage jobs and growth worldwide.

Pandemic effect: India's GDP contracts 7.5% in July-September quarter; shrinks 23.9% in April-June

India's manufacturing sector activity improved for the third straight month in October with companies raising output to the greatest extent in 13 years amid robust sales growth, a monthly survey said on Monday.

India's manufacturing PMI rises for 3rd straight month; output rises at quickest pace since October 2007

Watch today in 'World Business Watch': India business sentiment recovers in July-September quarter as the Indian government unlocks the economy.

India business sentiment recovers in 3rd quarter as govt unlocks the 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

India’s policymakers should focus on protecting the economy as businesses struggle amid the coronavirus pandemic instead of being overly focused on what ratings agencies think, former Reserve Bank of India governor Raghuram Rajan said on Thursday.

India should focus on protecting economy, says ex-RBI governor

Indian shares fell on Monday, led by a decline in banking stocks, as the number of domestic coronavirus cases leapt by a record over the weekend and high-profile politicians tested positive.

Sensex, Nifty fall as virus cases surge; banks slip

Bad loans in the Indian banking system could soar to almost 15% of total loans by March 2021 as the coronavirus crisis leads to rising levels of household and corporate debt, the Financial Stability and Development Council said in a report published on Friday.

Indian banks' bad debt ratio could hit nearly 15% by March in worst-case scenario: Report

India's concerted efforts to strengthen the business climate and encourage investment in trade have helped attract investment, but the country needs further economic reforms to ensure sustainable and more inclusive growth, according to the IMF.

India needs further economic reforms to attract more investment: IMF

Gross domestic product data out later on Friday is expected to show India’s economy grew at its slowest pace in at least two years in the March quarter as the coronavirus pandemic weakened already declining consumer demand and private investment.

India's economy seen slowing rapidly in March quarter, with worse to come

In little over a fortnight, Finance Minister Nirmala Sitharaman will present the Union Budget in India. This is one of the most closely followed budgets in Indian history because of the precarious situation that the economy finds itself in.

WION Edit: Summarising the state of Indian economy

The Reserve Bank of India's move to widen its third special open market operation (OMO) helped bonds rise on Friday but worries over a likely fiscal slippage and a surge in global crude prices capped the gains.

Indian bonds gain as India's central bank, RBI, widens third special Open Market Operation

Prime Minister Narendra Modi on Thursday said that agriculture has a key role to play in helping the country achieve its goal of becoming a five trillion dollar economy and the government was focusing on formulating a cash crop and export-centric farming system.

Agriculture has major role in making India $ 5 trillion economy: PM Narendra Modi