India's economy is moving towards a higher growth trajectory and is likely to grow at around 10 per cent in 2021-22, Economic Advisory Council to the Prime Minister Chairman Bibek Debroy said
RBI report is bullish on India prospects despite uncertain global conditions amid risk of faster policy normalisation by central banks leading to tighter financial conditions, stifled growth impulses
Indian economy is expected to grow by more than 10 per cent in the current fiscal supported by a record kharif crop and bright rabi prospects, Niti Aayog Vice-Chairman Rajiv Kumar has said
The real GDP is the inflation adjusted figure of all the finished goods and services produced in a country within a specific time period
Huge improvement in share to 4% from just 1.6% in FY20, shows study by ICICI Securities
Xi Jinping's new vision for the economy means less prosperity for people globally
The UK's GDP is estimated to have grown by 0.4 per cent monthly in August as Covid-19 restrictions continued to ease across the country, the Office for National Statistics (ONS) said.
The Centre's debt was at 58.8 per cent of GDP in FY21. It fell slightly to 57.6 per cent in the first quarter of FY22
South Asia's average annual growth is forecast to be 3.4 per cent over 2020-23
A day ahead of policy review, it expects RBI to hold policy rates during FY22
The survey was conducted in September 2021 and drew responses from leading economists representing the industry, banking and financial services sector
The pile-on of debt was necessary given policy responses during the pandemic, Vera Chaplin, the credit ratings agency's managing director and lead analytical manager, said
If one looks at year-on-year growth, the recovery is V-shaped after the first quarter because of 20 per cent economic expansion
Notwithstanding the pandemic, he said, the government continued with the reform process and many strategic reforms were announced even during Covid-19
Low fuel demand, higher NRI remittances drive surplus
Top tenants of commercial real estate-mostly IT companies-actually added to their office stock and demand for residential space is reviving.
Icra said it expects the second half of the fiscal year to have brighter prospects.
She said that the confidence in the Indian stock market is growing as retail and small investors are keenly investing money in the share market.
Covid scars may outweigh growth gains from reforms in the medium term
Electronics and IT, industry and internal trade, and heavy industries are the three industries