As the economy somewhat stabilises after a 23.9 per cent plunge in the GDP in the April-June quarter marred by the nationwide lockdown, Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday (9 October) said that the deep contractions of Q1 are behind us and the real GDP may decline by 9.5 per cent in the financial year 2020-21.
Addressing the media after the Monetary Policy Committee’s meeting, the RBI Governor has said that the modest recovery in various high-frequency indicators in September 2020 could strengthen further in the second half of 2020-21 with progressive unlocking of economic activity.
“Agriculture and allied activities could well lead the revival by boosting rural demand, ” he added.
Das said that relative to pre-Covid levels, several high frequency indicators are pointing to the easing of contractions in various sectors of the economy and the emergence of impulses of growth.
“By all indications,
A recent study suggested that we have probably approached the limit of predictability for tropical cyclone (TC) track prediction. If that’s true, there’s little we can do to improve TC forecasts as an incorrect position affects the utility of all other guidance, including wind, precipitation, and storm surge guidance. This would be bad news for disaster prevention and mitigation.
“The reason some scientists ask whether the limit of predictability is near or has already been reached is that there’s a diminishing trend in the reduction of positional error in National Hurricane Center (NHC) tropical cyclone forecasts. From this, there seems to be little room for improvement,” explained Dr. Feifan Zhou, a scientist with the Institute of Atmospheric Physics at the Chinese Academy of
Smart Home Appliances Market Size, Share & Trends Analysis Report By Product, By Distribution Channel, By Region And Segment Forecasts, 2020
Smart Home Appliances Market Size, Share & Trends Analysis Report By Product (Washing Machines, Refrigerators, TVs, Air Purifiers), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2020 – 2027
New York, Sept. 09, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Smart Home Appliances Market Size, Share & Trends Analysis Report By Product, By Distribution Channel, By Region And Segment Forecasts, 2020 – 2027” – https://www.reportlinker.com/p05965059/?utm_source=GNW
Smart Home Appliances Market Growth & Trends
The global smart home appliances market size is anticipated to reach USD 92.72 billion by 2027., expanding at a CAGR of 14.1% from 2020 to 2027. The market is likely to witness significant growth in the years to come on account of the growing geriatric population, improved M-2-M communication systems, new product development, and improvements in the Internet of Things (IoT).
Technology is responsible for providing effective energy saving solutions, which are