Indian Economy

India's economy is expected to have grown at 9.2 per cent in the fiscal ended March 2022, after having contracted by 7.3 per cent in the previous financial year

SBI's research report Ecowrap, in its latest edition, projected India's GDP growth for FY22 to be at 8.2-8.5%

Hectic preparations have begun for the Global Investors Summit in Uttar Pradesh, which will pave way for making the state a $1 trillion economy

Just over half the ministries, departments and autonomous bodies released these crucial documents for 2020-21

Heavy dollar selling by Reserve Bank slows the pace of fall

Trade and Technology Council is being set up to provide political-level oversight into the India-EU relationship

Employment among industrial workers increased further by about a million in the January-April 2022 Wave

Trains carried more goods and power generation increased, weekly data shows.

In recent times, central bankers have stressed the need to be nimble, humble even. Recent mistakes warrant some humility

The total figure for May is likely to be realised by the commerce ministry in June

Dilip Oomen says the levy comes at a time when the world views India as a stable policy country, a manufacturing and export hub that is closely integrating with global value chains

The bounce rate is always higher by volume than value as lower ticket sizes generally tend to bounce more

The consequences of such confused messaging were felt in the lack of bidders for BPCL, forcing Delhi to abandon efforts to privatise the refiner

Railways new assessment will delay DPR of new corridors by 5 months

Over the longer term, India's highly negative credit exposure to physical climate risks means its economic growth will become more volatile

Ad hoc tariffs and duties must be avoided

India must protect macroeconomic stability

Govt's free food package, brought into effect since Covid outbreak in 2020, and RBI's lesser-than-expected dividend for FY22 might make the govt push the taxman to further augment revenues

The RBI governor said that inflation projection will be realistically given in next monetary policy committee meet due to take place in June

Inflation bites exchequer as move will reduce FY23 revenue by Rs 85,000 cr