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Indian Economic Growth
In its update to Global Macro Outlook 2022-23, Moody's said high-frequency data suggests that the growth momentum from December quarter 2021 carried through into the first four months this year
This week India joined the US-led Indo-Pacific Economic Framework. While the final contours of India's participation are yet to emerge, there could be areas of friction too. India tread with caution
The agency said the hiccups in the recovery of the contact-intensive services attributable to the third wave of Covid-19 in the country may have also affected the economic growth in the quarter
"Taking all these measures into account, I think that we are broadly in a good situation economically and will be able to keep inflation under control in the medium term," he added
The central bank hiked its repo rate by 40 basis points (bps) to 4.40 per cent following an emergency meeting earlier this month
It has surpassed last year's (record of) maximum demand met of 200.539 GW which occurred on 7th July 2021, it informed
GlobalData lowered India's economy growth forecast to 7.8 per cent for 2022 due to the nation's exports being impacted by the Russia-Ukraine war and spiking oil prices causing ripple effects.
Full-year forecast revised lower to 8.9%
The Indian economy likely grew at a slower pace in the final quarter of 2021, primarily due to lacklustre manufacturing output and investment, according to economists in a Reuters poll.
In an interview with Business Standard's Indivjal Dhasmana, Co-Chairman of Forbes Marshall Naushad Forbes, shares how India can become one of the world's top three economies. Listen in
India's central bank wants to focus all its energies on reviving the country's economic growth given that inflation's momentum is declining, Patra said
India's fuel demand is likely to grow 5.5 per cent in the fiscal year beginning April 1 as economic activity picks up after devastation caused by the pandemic
What are the key takeaways from Budget 2022? Who is V Anantha Nageswaran? What is First Global's Shankar Sharma's take on the Budget this year? What is Demand for Grants? All answers here
The immediate policy measure was to support the vulnerable sections of society
FY22 growth may NOW dip to 8.8% vs 9.2% estimated earlier; core growth across eight sectors clocks 8.4%
Brokerages expect government spending on infrastructure to continue in FY23 with sizeable growth in capital expenditure in roads, highways, railways, defence, and housing sectors
The ongoing third wave of the coronvirus pandemic has dragged business activity almost back to the pre-pandemic levels, a weekly report tracking the changes said
The Indian economy is likely to register a growth of 9.5 per cent in this financial year, former chief economic adviser Arvind Virmani said on Tuesday.
It raised GDP growth projections to 10.3 per cent, from the earlier expected 10 per cent for the next fiscal year (2022-23)