Go

Follow Us

Economy to shrink by 7% in FY21: SBI

SBI Research on Wednesday revised its contraction forecast for 2020-21 to 7%. - File photo

Mumbai, February 10

SBI Research on Wednesday revised its contraction forecast for 2020-21 to 7%. It had earlier pegged a 7.4% contraction. In April-September, the economy contracted 15.7% but the second half may see a surprise 2.8% growth, if the SBI analysis turns out to be correct. — PTI

Join Whatsapp Channel of The Tribune for latest updates.

Show comments

Show comments

Trending News

Also In This Section

7 Adani companies get SEBI notice in Hindenburg case

Furnish data on notices, arrests under GST Act, Supreme Court tells Centre

Tesla vs Tesla: Elon Musk’s company sues Indian namesake

Paytm chief operating officer Bhavesh Gupta quits; company rejigs senior management

Market valuation of 6 of top-10 most valued firms declines by Rs 68,417 crore; Bharti Airtel takes the biggest hit

Top News

Video: ED recovers ‘mini mountain’ of cash from servant’s room of Jharkhand minister's secretary

Phase-3 poll din ends; will seal fate of Amit Shah, Shivraj Singh Chouhan

Terrorists using steel bullets to ambush forces in Jammu and Kashmir, taking to ‘hit-&-run’ tactics

ICSE Class 10, 12 results today: CISCE to declare results at 11 am; here is how to check

3 Pakistani men sexually assault college student, videotape him naked; arrested

Don’t Miss

View All

Former bureaucrat Ashok Kundra believes in giving

Gurbani rings out at UK Parliament complex for Baisakhi

The event is organised by the British Indian think-tank 1928 Institute and diaspora membership organisations City Sikhs and the British Punjabi Welfare Association

‘Like Switzerland’: Saina Nehwal on visit to Lahaul, Manali

Father elated at Arshdeep Singh’s selection in Team India

Harappan habitat found near Rakhigarhi burial site in Hisar district

Tibetan dolls born out of a German mother’s need

Plucking of Kangra tea leaves in full swing

Diaspora celebrates Himachali culture at California event

View all stories in this section

Most Read In 24 Hours

1

2

3

4

5

6

7

8

9

10