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The economic impact of the COVID-19 pandemic in India has been largely disruptive. India's growth in the fourth quarter of the fiscal year 2020 went down to 3.1% according to the Ministry of Statistics. The Chief Economic Adviser to the Government of India said that this drop is mainly due to the coronavirus pandemic effect on the Indian economy.
The market closed with the KSE 100 index down 3.1%. [193] In India, the BSE SENSEX closed 1,942 points lower at 35,635 while the NSE Nifty 50 was down by 538 points to 10,451. [194] The Washington Post posited that coronavirus-related turmoil could spark a collapse of the corporate debt bubble, sparking and worsening a recession. [195]
The stock markets in India continued to fall in 2016. By 16 February 2016, the BSE had seen a fall of 26% over the past eleven months, losing 1607 points in four consecutive days of February. The reasons given for this included NPAs of Indian banks, "global weaknesses" and "global factors".
"The bears might be disappointed to find that strong returns after back-to-back 20% years is perfectly normal," Detrick said. Since 1950, there have been eight times the S&P 500 gains 20% or more ...
NEW YORK (AP) — Wall Street rallied Monday to claw back almost all the losses from its slow start to the year. The S&P 500 jumped 1.4% to pull within 0.7% of its all-time high set two years ago.
Friday the 13 th didn’t spook investors with U.S. stocks little changed on the day as investors bided time until the Federal Reserve meeting on Wednesday.. The broad S&P 500 index dipped 0.16 ...
Composition of India's total production of foodgrains and commercial crops, in 2003–04, by weight. India ranks second worldwide in farm output. Agriculture and allied sectors like forestry, logging and fishing accounted for 18.6% of the GDP in 2005, employed 60% of the total workforce [13] and despite a steady decline of its share in the GDP, is still the largest economic sector and plays a ...
Since May 2024, a severe and long heat wave has impacted India. [1] The heat wave occurred during the Indian dry season, which typically lasts from March to July with peak temperatures in April and May. Rajasthan's Churu recorded 50.5 °C (122.9 °F), which was the highest temperature in India in eight years. [2]